NOT LISTED FOR SALE

61 Olde Covington Way Arden, NC 28704

Estimated Value: $357,000 - $418,898

3 Beds
2 Baths
1,414 Sq Ft
$180/mo HOA Fee

Last Sold April 30, 2021

Last sale price $272,000 $192 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,466/month

2 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Whirlpool Bathtub
  • Glen Arden Elementary School Rated A-
  • Cathedral Ceiling
  • End Unit

About This Home

As of April 2021

SHOWING FOR BACK-UP OFFERS. 1-level living and no steps! They're hard to find, but this townhome's got that! Spacious, move-in ready, 3 BR 2BA, split bedroom plan, end unit. Primary BR features a walk-in closet and its BA has dual sinks, whirlpool tub and separate shower. Cathedral ceilings in the huge, open great room. Natural gas fplc. Lots of counter space and cabinets in the KIT, and there's a breakfast bar, too. It's Spring, so enjoy the expansive, private back patio, .21-ac. corner lot & Pinners Creek at the property's edge. Now the trees' leaves are coming back! You'll hear birds chirping, see bunnies hopping, and even watch an occasional deer prancing. Plenty of extra room in the 2-car attached garage for a workspace and storage, plus there's an attic. This home's been well-cared for and could be the perfect fit for you. Lock-n-go. Great proximity to S. Asheville's shopping & restaurants on Hendersonville and Airport Rds. and to I-26. Come by - this one's sure not to last long!

Last Agent to Sell the Property

Lorraine Silverman

Town and Mountain Realty License #253333 Listed on: 03/10/2021

Last Buyer's Agent

Sara Duque

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #100633

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Home fronts a stream
  • Front Green Space
  • End Unit
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Many Trees
  • Lawn

HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Parquet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Home Security

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 965387261800000

Community Details

Overview

  • Baldwin Real Estate Association, Phone Number (828) 684-3400

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98909
  • Ratio Close Price By Original Li: 0.98909
  • Ratio Current Price By Acre: 1295238.10
  • Ratio Current Price By Sq Ft: 192.36
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s), Storm Door(s), Storm Window(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer, Electric Oven, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: Gas Logs, Gas Unvented, Great Room, Natural Gas
  • Fireplace: Yes
  • Fixture Exception Description: Mirror in hall to Primary BR
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Tile, Laminate Wood, Parquet, Tile
  • H O A Management Phone: 828-684-3400
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Whirlpool, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1414
  • Total Sq Ft: 1414

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Underground Power Lines

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, Natural Gas

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin Real Estate
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 120.00
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Cleared, Corner Lot, End Unit, Green Area, Level, Paved Frontage, Private, Sloping, Stream/Creek, Trees
  • Lot Size Area: 0.210
  • Parcel Number: 965387261800000
  • Plat Book Slide: 82/25
  • Zoning Specification: RES

Tax Info

  • Tax Value: 257300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 23, 2021
Sold by
Holloway Brian Lee and Holloway Nila Christina
Bought by
Lavalle Lori
Seller's Agent
Lorraine Silverman
Town and Mountain Realty
Buyer's Agent
Sara Duque
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Current Estimated Value
$395,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,975
Avg. Annual Appreciation
9.06%
Original Mortgage
$274,747
Outstanding Balance
$248,600
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$147,375

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 5, 2014
Sold by
Christy Michael D and Christy Peggy S
Bought by
Holloway Brian Lee and Holloway Nila Christina
Seller's Agent
Donna Prinz
Keller Williams Biltmore Village
Buyer's Agent
Lorraine Silverman
Town and Mountain Realty
List Price
$172,500
Sold Price
$167,000
Premium/Discount to List
-$5,500
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$163,975
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2003
Sold by
Covington Crossing Llc
Bought by
Christy Michael D and Christy Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.16%
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
Lavalle Lori $272,000 None Available
Holloway Brian Lee $167,000 None Available
Christy Michael D $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavalle Lori $274,747
Previous Owner Holloway Brian Lee $175,111
Previous Owner Holoway Brian Lee $162,819
Previous Owner Holloway Brian Lee $163,975
Previous Owner Christy Michael D $100,000
Previous Owner Christy Michael D $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $272,000 -1.1% $192 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $275,000 +64.7% $194 / Sq Ft
03/05/2014 03/05/14 Sold $167,000 -3.2% $127 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $172,500 -- $131 / 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
2024 $1,584 $257,300 $35,800 $221,500
2023 $1,584 $257,300 $35,800 $221,500
2022 $1,508 $257,300 $35,800 $221,500
2021 $1,508 $257,300 $0 $0
2020 $1,292 $205,000 $0 $0
2019 $1,292 $205,000 $0 $0
2018 $1,292 $205,000 $0 $0
2017 $1,292 $165,900 $0 $0
2016 $1,153 $165,900 $0 $0
2015 $1,153 $165,900 $0 $0
2014 $1,153 $165,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3712743

Canopy MLS (Canopy Realtor® Association)

APN: 9653-87-2618-00000