NOT LISTED FOR SALE

661 Walnut Valley Pkwy Unit 12 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $4,318,948 - $6,522,000

4 Beds
4.5 Baths
7,742 Sq Ft
$687/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $3,400,000 $439 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $31,692/month

2 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • T.C. Roberson High School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of April 2016

"Exquisite," in a word. 7700 square feet of thoughtfully designed and expertly crafted living space embraces you the moment you walk in. Each room flows effortlessly into the next as panoramic views flood into your home from nearly every direction. The outdoor living space on both levels calls to you all year long. Your new home boasts a long list of amenities: gourmet kitchen, multiple fireplaces, elevator, bar, wine cellar, abundant storage...Yet despite its size is comfortable and cozy. Rare.

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 02/01/2016

Last Buyer's Agent

Roseann Cioce

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #265634

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 1.74

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Outdoor Fireplace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9623-78-2889-00000
  • Tax Block 5

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.92016
  • Ratio Close Price By Original Li: 0.92016
  • Ratio Current Price By Acre: 1954022.99
  • Ratio Current Price By Sq Ft: 439.16
  • Year Built: 2013
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Gas Range, Gas Oven
  • Fireplace Description: Great Room, Primary Bedroom, Natural Gas, Rec Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 8642382557
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Elevator
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 3422
  • Main Level Sq Ft: 4320
  • Total Sq Ft: 7742
  • Sq Ft Unheated Lower: 2048
  • Sq Ft Unheated Main: 2286
  • Sq Ft Unheated Total: 4334

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outdoor Fireplace

Garage/Parking

  • Driveway: Brick
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Walking Trails
  • Association Fee: 1660.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • 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: Long Range View, Mountain View, Sloping, Views, Year Round View
  • Lot Size Area: 1.740
  • Parcel Number: 9623-78-2889-00000
  • Plat Book Slide: 0102/0197
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 1670800.00
  • Tax Amount Ncm: 11612.00
  • Tax Block: 5
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 28, 2016
Sold by
Wood Wood Ruscella Claire Beresford Ruscella Claire Beresfor
Bought by
Johnson Stephen M and Stephen M Johnson Family Trust
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Roseann Cioce
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$3,695,000
Sold Price
$3,400,000
Premium/Discount to List
-$295,000
-7.98%
Total Days on Market
2
Current Estimated Value
$5,319,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,919,649
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jul 27, 2012
Sold by
Wells Fargo Bank Na
Bought by
Wood Ruscella Claire Beresford and Wood Revocable Living Trust
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Sean McLaughlin
Mountain Oak Properties
List Price
$449,900
Sold Price
$250,000
Premium/Discount to List
-$199,900
-44.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.86%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Chapnick Sandra R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 21, 2006
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Chapnick Bruce P and Chapnick Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Johnson Stephen M $3,400,000 None Available
Wood Ruscella Claire Beresford $250,000 None Available
Wells Fargo Bank Na $1,002,397 None Available
Chapnick Bruce P $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Stephen M $893,360
Closed Johnson Stephen M $1,000,000
Previous Owner Chapnick Bruce $1,002,397
Previous Owner Chapnick Bruce P $1,005,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $3,400,000 -8.0% $439 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $3,695,000 +1378.0% $477 / Sq Ft
07/30/2012 07/30/12 Sold $250,000 -44.4% --
07/10/2012 07/10/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $449,900 -- --
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 $20,309 $3,299,100 $318,300 $2,980,800
2022 $19,333 $3,299,100 $0 $0
2021 $19,333 $3,299,100 $0 $0
2020 $21,490 $3,411,100 $0 $0
2019 $21,490 $3,411,100 $0 $0
2018 $21,490 $3,411,100 $0 $0
2017 $21,490 $1,670,800 $0 $0
2016 $11,612 $1,670,800 $0 $0
2015 $11,612 $1,670,800 $0 $0
2014 $6,666 $959,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3143046

Canopy MLS (Canopy Realtor® Association)

APN: 9623-78-2889-00000