NOT LISTED FOR SALE

7 Bear Flower Trail Unit 3 Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $1,874,000 - $2,477,247

1.35 Acres
$1,605,787 Price per Acre
58,806 Sq Ft Lot

Last Sold August 10, 2013

Last sale price $160,000

Est. 1,255% increase in value since last sale

Current estimated payment $12,777/month

133 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Many Trees
  • T.C. Roberson High School Rated A
  • Front Green Space
  • Level Lot

About This Lot

As of August 2013

Do you want to create a house/lot package in Walnut Cove and stay well under $1 million? You can do it here. This ever-so-gently sloping home site in the "Wildflower Ridge" section affords you the ability to minimize the home size (2600 sq ft) by building a main/upper floor plan. Avail yourself of the Avery Creek nature trails that are virtually steps from your property. Moments from the Avery Creek Rd gate you enjoy convenience as well. -

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 02/11/2013

Last Buyer's Agent

Roseann Cioce

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,298

Year Built

  • 2014

Lot Details

  • Front Green Space
  • Level Lot
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9623-78-6989-00000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,298

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.64257
  • Ratio Current Price By Acre: 118518.52
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1490.00

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Green Area, Level, Trees
  • Lot Size Area: 1.350
  • Parcel Number: 9623-78-6989-00000
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 4625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Aug 8, 2013
Sold by
Ghareeb Elizabeth and Petty Michael
Bought by
Olear Brian and Ferrier Laura
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
$249,000
Sold Price
$160,000
Premium/Discount to List
-$89,000
-35.74%
Total Days on Market
133
Current Estimated Value
$2,167,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,007,812
Avg. Annual Appreciation
24.65%

Purchase Details

Closed on
Nov 21, 2008
Sold by
Bellerjeau John and Bellerjeau Heidi
Bought by
Ghareeb Elizabeth and Petty Michael

Purchase Details

Closed on
Jul 21, 2006
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Bellerjeau John and Bellerjeau Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,875
Interest Rate
6.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Olear Brian $160,000 None Available
Ghareeb Elizabeth $550,000 Chicago Title Insurance Co
Bellerjeau John $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellerjeau John $577,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2013 08/10/13 Sold $160,000 -35.7% --
06/24/2013 06/24/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $249,000 -- --
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 $7,298 $1,185,500 $247,200 $938,300
2022 $6,947 $1,185,500 $0 $0
2021 $6,947 $1,185,500 $0 $0
2020 $6,633 $1,052,800 $0 $0
2019 $6,633 $1,052,800 $0 $0
2018 $6,633 $1,052,800 $0 $0
2017 $6,633 $833,800 $0 $0
2016 $6,095 $877,000 $0 $0
2015 $4,943 $711,200 $0 $0
2014 $1,485 $213,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM532797

Canopy MLS (Canopy Realtor® Association)

APN: 9623-78-6989-00000