$553,150
SOLD JUL 14, 2020

68 Drakes Meadow Ln Arden, NC 28704

4 Beds
3.5 Baths
3,575 Sq Ft
0.61 Acres

Recently Sold

$155 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Attic
  • Glen Arden Elementary School Rated A-
  • Farmhouse Style Home
  • Fireplace

About This Home

As of November 2024

Stunning, modern farmhouse in desirable South Asheville/TC Roberson school district. Quaint wrap around porch with doggie gate overlooks large, level yard that is partially fenced in. Large windows allow ample light in each room and gleaming hardwoods throughout most of the home. Open floor plan with large, eat-in kitchen with granite counter tops, bar seating, looking out onto the family room with a cozy fireplace. Spacious master on the main with ample closet space and en suite bathroom with sexy, tiled shower. At the top of the stairs you will find a large open family room/loft flanked by 3 bedrooms, one with en suite full bath. In addition, a spacious bonus/media room currently used as a bedroom with access to walk in attic storage areas. Each bathroom has the unique touch of reclaimed furniture for the base cabinets. The lower level has outside access to a walk in, earthen basement and storage area, perfect for all the lawn tools and outdoor toys. Hurry, this won't last long!

Last Agent to Sell the Property

Sheridan Cupp

EXP Realty LLC License #287417

EXP Realty LLC

Last Buyer's Agent

Ali Thomas

Allen Tate/Beverly-Hanks Hendersonville License #222429

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Insulated Windows
  • Breakfast Bar
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Additional Features

  • Level Lot
  • Septic Tank

Community Details

  • Drakes Meadow HOA

Listing and Financial Details

  • Assessor Parcel Number 9664-36-1548-00000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 0.97903
  • Ratio Close Price By Original Li: 0.97903
  • Ratio Current Price By Acre: 906803.28
  • Ratio Current Price By Sq Ft: 154.73
  • Special Assessment Description: see notes
  • Special Assessment Yn: Yes
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Upper Level Sq Ft: 1631
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Natural Gas
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Garden Tub, Open Floorplan, Pantry, Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1944
  • Total Sq Ft: 3575
  • Sq Ft Unheated Lower: 100
  • Sq Ft Unheated Total: 200
  • Sq Ft Unheated Upper: 100

Exterior Features

  • Construction: Concrete Block, Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Water Heater, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas, Natural Gas

Condo/Co-op/Association

  • Association Fee: 310.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Drakes Meadow HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.610
  • Parcel Number: 9664-36-1548-00000
  • Plat Book Slide: 0096-0019
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 535600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 31, 2024
Sold by
Bellard Brady and Bellard Amy W
Bought by
Punzell Steven and Punzell Laura
Seller's Agent
Andy Rogers
Keller Williams Professionals
Buyer's Agent
Elle Inzer
EXP Realty LLC
List Price
$930,000
Sold Price
$940,000
Premium/Discount to List
$10,000
1.08%
Total Days on Market
10
Views
5
Current Estimated Value
$927,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,208
Avg. Annual Appreciation
-0.09%
Original Mortgage
$940,000
Outstanding Balance
$934,933
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$4,569

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 16, 2022
Sold by
Compagna Jr Raymond L and Compagna Cindy
Bought by
Bellard Brady and Bellard Amy W
Seller's Agent
Amanda Simpkins
Coldwell Banker Advantage
Buyer's Agent
Elena Peters
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$795,000
Sold Price
$820,000
Premium/Discount to List
$25,000
3.14%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$540,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 14, 2020
Sold by
Raines Dana B
Bought by
Compagna Raymond L and Unkenholt Cindy
Seller's Agent
Sheridan Cupp
EXP Realty LLC
Buyer's Agent
Ali Thomas
Allen Tate/Beverly-Hanks Hendersonville
List Price
$565,000
Sold Price
$553,150
Premium/Discount to List
-$11,850
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.79%

Purchase Details

Closed on
Sep 4, 2019
Sold by
Raines Frederick Earl and Raines Dana B
Bought by
Raines Dana B and Jones Dana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Jones David D and Jones Dana B
Bought by
Jones Dana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2009
Sold by
Victor James Llc
Bought by
Jones David D and Jones Dana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2006
Sold by
Powell Duckett Land Co
Bought by
Marshall Ernest V and Marshall Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Map

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 Type Sale Price Title Company
Warranty Deed $940,000 None Listed On Document
Warranty Deed $820,000 --
Warranty Deed $553,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $475,000 None Available
Warranty Deed -- None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $940,000 New Conventional
Previous Owner $540,000 New Conventional
Previous Owner $381,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Previous Owner $237,500 New Conventional
Previous Owner $235,000 Unknown
Previous Owner $482,800 Commercial
Previous Owner $73,800 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $940,000 +1.1% $261 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $930,000 +13.4% $258 / Sq Ft
09/16/2022 09/16/22 Sold $820,000 +3.1% $226 / Sq Ft
08/16/2022 08/16/22 For Sale $795,000 +43.7% $219 / Sq Ft
07/14/2020 07/14/20 Sold $553,150 -2.1% $155 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $565,000 -- $158 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,359 $545,700 $66,200 $479,500
2022 $3,198 $545,700 $0 $0
2021 $3,198 $545,700 $0 $0
2020 $3,374 $535,600 $0 $0
2019 $3,374 $535,600 $0 $0
2018 $3,374 $535,600 $0 $0
2017 $3,374 $420,700 $0 $0
2016 $2,924 $420,700 $0 $0
2015 $2,924 $420,700 $0 $0
2014 $2,924 $420,700 $0 $0
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3622858

Canopy MLS (Canopy Realtor® Association)

APN: 9664-36-1548-00000