NOT LISTED FOR SALE

701 Covington Way Unit 701 Arden, NC 28704

Estimated Value: $265,000 - $268,000

2 Beds
2 Baths
1,170 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $121,801 $104 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,568/month

102 Days on Market

About This Home

As of June 2017

May have HOA dues . Buyer to do their own Due Diligence. Listing Agent makes no Claim to property rights, condition, features. This property is now under auction terms. Submit offers to Auction website . This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). Property will be sold “as is, where is” with no warranties expressed or implied and subject to United States Bankruptcy Court and seller approval.

Last Agent to Sell the Property

Clay Plemmons

Clay License #228641 Listed on: 03/13/2017

Last Buyer's Agent

Lori Gonce

Apple Country Realty LLC License #233333

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Home Design

  • Triplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9653778695CG701

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Triplex
  • Ratio Close Price By List Price: 0.87001
  • Ratio Close Price By Original Li: 0.87001
  • Ratio Current Price By Sq Ft: 104.10
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Deck

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat

Condo/Co-op/Association

  • Complex Name: Covington Crossing
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 9653778695CG701
  • Plat Reference Section Pages: 672
  • Zoning: Multi Family Dwelling
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 115000.00
  • Tax Amount Ncm: 799.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Anderson Mary Louise
Bought by
Mountainside Property Management Llc
Total Days on Market
102
Current Estimated Value
$266,299

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jun 20, 2017
Sold by
Pitts Robert M and Massey Gain Mckenzie
Bought by
Anderson Mary Louise
Seller's Agent
Clay Plemmons
Clay
Buyer's Agent
Lori Gonce
Apple Country Realty LLC
List Price
$140,000
Sold Price
$121,801
Premium/Discount to List
-$18,199
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Jun 12, 2008
Sold by
Spencer William D
Bought by
Massey Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Criss John and Criss Lucinda
Bought by
Spencer William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
10.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Kasey Properties Llc
Bought by
Criss John and Criss Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
6.16%
Source: Public Records

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Range of Values:

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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
Mountainside Property Management Llc -- None Available
Anderson Mary Louise $146,161 None Available
Massey Gail M $128,000 None Available
Spencer William D $120,000 Nc Closing & Title Svcs Llc
Criss John $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massey Gail M $121,600
Previous Owner Spencer William D $118,500
Previous Owner Criss John $91,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $121,801 -13.0% $104 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $140,000 -- $120 / 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 $881 $147,800 $0 $147,800
2022 $866 $147,800 $0 $0
2021 $866 $147,800 $0 $0
2020 $806 $128,000 $0 $0
2019 $806 $128,000 $0 $0
2018 $806 $128,000 $0 $0
2017 $806 $115,000 $0 $0
2016 $799 $0 $0 $0
2015 $799 $115,000 $0 $0
2014 $799 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3260184

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CG701