NOT LISTED FOR SALE

61 Arbor Dr Waynesville, NC 28786

Estimated Value: $1,377,000 - $1,525,000

3 Beds
4.5 Baths
4,036 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,150,000 $285 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,214/month

42 Days on Market

Highlights

  • Golf Course Community
  • Private Lot
  • Wood Flooring
  • Contemporary Architecture
  • Cathedral Ceiling
  • Fireplace

About This Home

As of November 2021

A rare find in prestigious Laurel Ridge County Club! First time on market. This ultimate treehouse offers fantastic long range mountain views from the expansive deck and from the great room with lots of glass facing the views. Master suite w/fireplace on the main level, tons of storage. Owner selected this gorgeous 3.77 acre property for the incredible views and the plentiful white oaks, which were cut and milled and used for the flooring. The decorative garden gate was designed and built by the owner, a master carpenter. Being a horticulturalist and landscape architect by trade, great care was taken in the selection of the specimen plants. The property is a Gardner's dream offering extensive plantings and a large flat area for vegetables or dahlias. Let your imagination run wild in the daylight basement with private entrances and room for the ultimate man-cave or in-law suite. Great home for entertaining and enjoying nature. Paved access. New heat pumps.

Last Agent to Sell the Property

Jeff Ferguson

Rock Realty, Inc. License #184488 Listed on: 08/16/2021

Last Buyer's Agent

Ashley Eisenhauer

RE/MAX Results License #295486

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Arts and Crafts Architecture

Interior Spaces

  • Cathedral Ceiling
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8605-59-9934

Community Details

Overview

  • Lynn Prior, President Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts, Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 305039.79
  • Ratio Current Price By Sq Ft: 284.94
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 754
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Dryer Hookup, Electric Range, Radon Mitigation System, Refrigerator, Washer
  • Fireplace Description: Great Room, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Basement Shop, Cable Available, Cathedral Ceiling(s), Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1230
  • Main Level Sq Ft: 2052
  • Total Sq Ft: 4036

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Golf Course
  • Association Fee: 30.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lynn Prior, President
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Paved Frontage, Private, Rolling, Trees, Views, Year Round View
  • Parcel Number: 8605-59-9934
  • Plat Book Slide: CABC 2321
  • Plat Reference Section Pages: CABC 2321
  • Zoning Specification: EN-RD

Tax Info

  • Tax Value: 1013400.00
  • Tax Location: Waynesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 12, 2021
Sold by
Colburn Jeanne C
Bought by
Davis Michael E and Davis Susan D
Seller's Agent
Jeff Ferguson
Rock Realty, Inc.
Buyer's Agent
Ashley Eisenhauer
RE/MAX Results
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$1,477,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,320
Avg. Annual Appreciation
6.53%
Original Mortgage
$24,065
Outstanding Balance
$21,977
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,455,343

Purchase Details

Closed on
Jan 20, 2021
Sold by
William E Colburn Living Trust and Colburn John David
Bought by
Colburn Jeanne C

Purchase Details

Closed on
Dec 29, 2020
Sold by
Colburn John Avid and The William E Colburn Living T
Bought by
Colburn Jeanne C

Purchase Details

Closed on
Jul 24, 2014
Sold by
Colburn William E
Bought by
Colburn William E
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
Davis Michael E $1,150,000 None Available
Colburn Jeanne C -- None Listed On Document
Colburn Jeanne C -- None Available
Colburn William E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Michael E $24,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $1,150,000 -8.0% $285 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $1,250,000 +8.7% $310 / Sq Ft
06/29/2021 06/29/21 Off Market $1,150,000 -- --
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
2025 -- $1,013,500 $210,100 $803,400
2024 $5,733 $1,013,500 $210,100 $803,400
2023 $5,733 $1,013,500 $210,100 $803,400
2022 $5,581 $1,013,500 $210,100 $803,400
2021 $5,581 $1,013,400 $210,000 $803,400
2020 $4,657 $768,900 $148,300 $620,600
2019 $4,662 $768,900 $148,300 $620,600
2018 $4,662 $768,900 $148,300 $620,600
2017 $4,662 $768,900 $0 $0
2016 $4,155 $705,000 $0 $0
2015 $4,155 $705,000 $0 $0
2014 $3,908 $705,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3745954

Canopy MLS (Canopy Realtor® Association)

APN: 8605-59-9934