NOT LISTED FOR SALE

63 Olde Covington Way Arden, NC 28704

Estimated Value: $356,000 - $471,000

3 Beds
2 Baths
1,521 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $240,000 $158 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,618/month

4 Days on Market

Highlights

  • Open Floorplan
  • Creek On Lot
  • Cathedral Ceiling
  • Glen Arden Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2016

This 3 bedroom 2 bath home will be exactly what your clients have been searching for in Arden, but just minutes from Asheville. This home has been well cared for and had recent bathroom renovation with lovely tile work and also has new carpet in the master bedroom. Other features include a heated garage area, low maintenance lawn and one level living. This home has a peaceful creek view with a relaxing patio area to enjoy the tranquility. You will love the quiet and beauty all around!

Last Agent to Sell the Property

Lynda Rhodes

Mt. Valley Prop. of Asheville License #236367 Listed on: 07/11/2016

Last Buyer's Agent

Lynda Rhodes

Mt. Valley Prop. of Asheville License #236367 Listed on: 07/11/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • Home fronts a stream
  • Level Lot
  • Wooded Lot
  • Lawn

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Storm Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Creek On Lot

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Baldwin Real Estate Association, Phone Number (828) 681-8591

Listing and Financial Details

  • Assessor Parcel Number 9653-87-2733-00000
  • Tax Block 43

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00418
  • Ratio Close Price By Original Li: 1.00418
  • Ratio Current Price By Acre: 1043478.26
  • Ratio Current Price By Sq Ft: 157.79
  • Unit Floor Level: 1
  • Year Built: 2000
  • Special Features: None

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: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 828-681-8591
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Garden Tub, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1521
  • Total Sq Ft: 1521
  • Sq Ft Unheated Main: 484
  • Sq Ft Unheated Total: 484

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Natural Gas, Wall Unit Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Complex Name: Covington Crossing
  • HOA Management Company: Baldwin Real Estate
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Waterfront, Level, Paved Frontage, Sloping, Stream/Creek, Wooded, Creekfront
  • Lot Size Area: 0.230
  • Parcel Number: 9653-87-2733-00000
  • Plat Book Slide: 84
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 168700.00
  • Tax Amount Ncm: 1172.00
  • Tax Block: 43
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 17, 2016
Sold by
Rhodes Lawrence B and Rhodes Sharon Carden
Bought by
Merklin Bryan and Merklin Linda S C
Seller's Agent
Lynda Rhodes
Mt. Valley Prop. of Asheville
Buyer's Agent
Lynda Rhodes
Mt. Valley Prop. of Asheville
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Total Days on Market
4
Current Estimated Value
$418,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,581
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Dec 17, 2003
Sold by
Rogers Jennifer
Bought by
Rhodes Lawrence B and Rhodes Sharon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2003
Sold by
Christy Michael D and Christy Peggy S
Bought by
Rogers Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,030
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2002
Sold by
Covington Crossing Llc
Bought by
Hubert Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,208
Interest Rate
6.3%
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
Merklin Bryan $240,000 None Available
Rhodes Lawrence B $137,000 --
Rogers Jennifer $136,000 --
Hubert Tammy J $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes Lawrence B $99,500
Previous Owner Rhodes Lawrence B $112,000
Previous Owner Rogers Jennifer $121,030
Previous Owner Hubert Tammy J $117,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $240,000 +0.4% $158 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $239,000 -- $157 / 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 $1,657 $269,200 $36,200 $233,000
2022 $1,578 $269,200 $0 $0
2021 $1,578 $269,200 $0 $0
2020 $1,468 $233,000 $0 $0
2019 $1,468 $233,000 $0 $0
2018 $1,468 $233,000 $0 $0
2017 $1,468 $168,700 $0 $0
2016 $1,172 $168,700 $0 $0
2015 $1,172 $168,700 $0 $0
2014 $1,172 $168,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Rhodes

    Seller's Agent in 2016

    Lynda Rhodes

    Mt. Valley Prop. of Asheville

    (828) 337-9211

    1 in this area

    25 Total Sales

    Lynda Rhodes
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3195588

Canopy MLS (Canopy Realtor® Association)

APN: 9653-87-2733-00000

North Carolina Buncombe County Arden 28704

63 Olde Covington Way, Arden, NC

This home is located at 63 Olde Covington Way, Arden, NC 28704 since 11 July 2016 and is currently estimated at $418,581, approximately $275 per square foot. This property was built in 2000. 63 Olde Covington Way is a home located in Buncombe County with nearby schools including Glen Arden Elementary School, T.C. Roberson High School, and Koontz Intermediate School.

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