NOT LISTED FOR SALE

608 Walnut Valley Pkwy Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $2,361,000 - $2,888,000

3 Beds
3.5 Baths
3,665 Sq Ft
$711/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $1,300,000 $355 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $15,181/month

665 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Cathedral Ceiling
  • T.C. Roberson High School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2016

With a commanding view of The Cliffs at Walnut Cove's Jack Nicklaus Signature golf course and surrounding valley, this home provides a gracious lifestyle for the discerning buyer. Ample living spaces with vaulted ceilings, designer kitchen, wine cellar, and office are complemented by a fabulous entertaining space as sliding doors open onto stunning patio with fireplace, TV and Phantom screens. Comfortable guest suites with sitting area upstairs.

Last Agent to Sell the Property

Dave Bailey

Walnut Cove Realty LLC License #274514 Listed on: 05/01/2014

Last Buyer's Agent

Ashley Membreno

Walnut Cove Realty LLC License #215775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,037

Year Built

  • Built in 2006

Lot Details

  • Level Lot

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 9624-70-3218-00000

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,037

Year Built

Built in 2006

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.88136
  • Ratio Close Price By Original Li: 0.74286
  • Ratio Current Price By Acre: 3714285.71
  • Ratio Current Price By Sq Ft: 354.71
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1185
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Disposal, Dryer, Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments
  • Room Count: 4
  • Main Level Sq Ft: 2480
  • Total Sq Ft: 3665

Exterior Features

  • Construction: Hard Stucco, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Brick
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1660.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Mountain View, On Golf Course, Level
  • Lot Size Area: 0.350
  • Parcel Number: 9624-70-3218-00000
  • Plat Reference Section Pages: 0098
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Mar 23, 2016
Sold by
Dream Home Investments Llc
Bought by
Heinitsh Reginald D
Seller's Agent
Dave Bailey
Walnut Cove Realty LLC
Buyer's Agent
Ashley Membreno
Walnut Cove Realty LLC
List Price
$1,750,000
Sold Price
$1,300,000
Premium/Discount to List
-$450,000
-25.71%
Current Estimated Value
$2,607,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,425
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Sep 26, 2006
Sold by
The Meadow Development At Walnut Cove Ll
Bought by
Dream Home Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,995,000
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heinitsh Reginald D $1,300,000 None Available
Dream Home Investments Llc $2,995,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dream Home Investments Llc $2,995,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $1,300,000 -25.7% $355 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,750,000 -- $477 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,037 $1,630,500 $441,700 $1,188,800
2022 $9,555 $1,630,500 $0 $0
2021 $9,555 $1,630,500 $0 $0
2020 $8,942 $1,419,400 $0 $0
2019 $8,942 $1,419,400 $0 $0
2018 $8,942 $1,419,400 $0 $0
2017 $8,942 $849,200 $0 $0
2016 $5,902 $849,200 $0 $0
2015 $5,902 $849,200 $0 $0
2014 $5,902 $849,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM561046

Canopy MLS (Canopy Realtor® Association)

APN: 9624-70-3218-00000