$110,000
SOLD SEP 15, 2014

702 Olde Covington Way Unit G702 Arden, NC 28704

2 Beds
2 Baths
1,160 Sq Ft
2002 Built

Recently Sold

$95 Per Sq Ft

5% Below List Price

87 Days on Market

Highlights

  • Walk-In Closet
  • Many Trees
  • Vinyl Flooring
  • Glen Arden Elementary School Rated A-
  • Level Lot
  • Gas Log Fireplace

About This Home

As of December 2020

Stunning, beautifully updated condo will not last long at this great price! Features GR w/new laminate flring & gas FP, dining area, kit. w/walk-in pantry, spacious mstr suite w/his & her walk-in closets, new vanity in master bath, split bdrm plan, new light fixtures & ceiling fans, freshly painted, new blinds, new hardware on doors, energy efficient gas hydro heating. Peaceful, private setting off patio overlooks stream & natural wood setting!

Last Agent to Sell the Property

Terri Eisenhauer

RE/MAX Results License #206821 Listed on: 06/16/2014

RE/MAX Results

Last Buyer's Agent

Wendy Puffer

Keller Williams Professionals License #275858

Keller Williams Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $951

Year Built

  • Built in 2002

Lot Details

  • Many Trees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9653-87-8695

Property Details

Home Type

Condominium

Est. Annual Taxes

$951

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.94828
  • Ratio Close Price By Original Li: 0.94828
  • Ratio Current Price By Sq Ft: 94.83
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Washer Connection, Electric Oven
  • Fireplace Description: Gas Unvented, Gas Logs
  • Fireplace: Yes
  • Flooring: Laminate Tile, Vinyl, Carpet
  • Interior Amenities: Walk-In Closet(s)
  • Room Count: 2
  • Main Level Sq Ft: 1160
  • Total Sq Ft: 1160

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 112.00

Schools

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

Lot Info

  • Lot Features: Level, Paved Frontage, Trees
  • Parcel Number: 9653-87-8695
  • Plat Reference Section Pages: 4735
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Nov 28, 2020
Sold by
Fey Aubrey M Le
Bought by
Mckinley David Scot and Mckinley Shelia
Seller's Agent
Scott McKenzie
Carolina Mountain Sales
Buyer's Agent
Randall Blankenship
Corcoran HM Properties
List Price
$165,000
Sold Price
$158,500
Premium/Discount to List
-$6,500
-3.94%
Total Days on Market
87
Current Estimated Value
$260,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,222
Avg. Annual Appreciation
11.46%

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 12, 2016
Sold by
Roberts Glenn C and Roberts Denise K
Bought by
Le Fey Aubrey M
Seller's Agent
Brad Puffer
Keller Williams Professionals
Buyer's Agent
Sara Duque
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$129,900
Sold Price
$131,900
Premium/Discount to List
$2,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 11, 2014
Sold by
Norman Frances K
Bought by
Roberts Glenn C and Roberts Denise K
Seller's Agent
Terri Eisenhauer
RE/MAX Results
Buyer's Agent
Wendy Puffer
Keller Williams Professionals
List Price
$116,000
Sold Price
$110,000
Premium/Discount to List
-$6,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%

Purchase Details

Closed on
Oct 12, 2009
Sold by
Gillis Robert and Gillis Hilda
Bought by
Norman Frances K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Peele Katharine M and Peele David
Bought by
Gillis Robert and Gillis Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Kasey Properties Llc
Bought by
Ray Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,710
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $158,500 None Available
Warranty Deed $132,000 None Available
Warranty Deed $110,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $120,000 None Available
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $104,500 Credit Line Revolving
Previous Owner $112,000 New Conventional
Previous Owner $96,000 Purchase Money Mortgage
Previous Owner $82,710 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $158,500 -3.9% $136 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $165,000 0.0% $141 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $165,000 +25.1% $141 / Sq Ft
09/12/2016 09/12/16 Sold $131,900 +1.5% $113 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $129,900 +18.1% $111 / Sq Ft
09/15/2014 09/15/14 Sold $110,000 -5.2% $95 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $116,000 -- $100 / 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 $951 $154,500 $0 $154,500
2022 $905 $154,500 $0 $0
2021 $905 $154,500 $0 $0
2020 $419 $133,000 $0 $0
2019 $419 $133,000 $0 $0
2018 $1,257 $133,000 $0 $0
2017 $838 $114,600 $0 $0
2016 $796 $0 $0 $0
2015 $796 $114,600 $0 $0
2014 $796 $114,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM564448

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CG702