$820,000
SOLD SEP 16, 2022

68 Drakes Meadow Ln Arden, NC 28704

4 Beds
3.5 Baths
3,634 Sq Ft
0.61 Acres

Recently Sold

$226 Per Sq Ft

3% Above List Price

30 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Bar Fridge
  • Glen Arden Elementary School Rated A-
  • Farmhouse Style Home
  • Built-In Features

About This Home

As of November 2024

*Sellers have received multiple offers and request highest and best by 12:30 on Friday 8/19.* Open floor plan with a large kitchen with quartz countertops and backsplash opens into the family room featuring a cozy fireplace. Refinished hardwood floors throughout the main and upstairs gathering spaces. Spacious primary suite on the main level features generous closet space and spa-like master bathroom with heated floors, soaking tub and large tiled shower with glass surround. Upstairs has an open family room and 3 bed, 2 bath, and a bonus/bedroom. (4BR septic but potential functionality for a 5BR). The large wrap-around porch leads to an oversized covered back deck that overlooks the level fenced in yard. The home has brand new solar panels and a tall crawl space perfect for storing all your lawn equipment. Drakes Meadow is a small South Asheville pocket community in a very convenient location. Quick easy drive to Biltmore Park or Biltmore Village. 15-minute drive to downtown Asheville.

Last Agent to Sell the Property

Amanda Simpkins

Coldwell Banker Advantage License #291681

Coldwell Banker Advantage

Last Buyer's Agent

Elena Peters

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #210597

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 2007

Lot Details

  • Zoning described as R-2

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Farmhouse Style Home
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Garden Bath

Schools

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

Utilities

  • Zoned Heating System
  • Heat Pump System
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Chris Ballard Association, Phone Number (828) 243-5864
  • Drakes Meadow Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9664-36-1548-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,359

Year Built

Built in 2007

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2007
  • Ratio Current Price By Acre: 1344262.30
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 225.65
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, Built Ins, Garden Tub, Open Floorplan, Pantry, Split Bedroom, Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1979
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 200
  • Sq Ft Unheated Upper: 200
  • Sq Ft Upper: 1655
  • Porch: Back,Covered,Front,Porch-Wrap Around
  • Appliances: Bar Fridge, Ceiling Fan(s), Dishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 3634
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 515
  • Parking Features: Garage - 2 Car, RV Parking

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Chris Ballard
  • Phone: 828-243-5864
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required
  • HOA Email: drakesmeadowhoa@gmail.com
  • CAR_YearlyHOAExpense: 360.00

Lot Info

  • Lot Size Area: 0.61
  • Lot Size Units: Acres
  • Parcel Number: 9664-36-1548-00000
  • Plat Book Slide: 96
  • Plat Reference Section Pages: 19
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.45684

Multi Family

  • Unit Count: 0

MLS Schools

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

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
30
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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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: 3895104

Canopy MLS (Canopy Realtor® Association)

APN: 9664-36-1548-00000