NOT LISTED FOR SALE

704 Olde Covington Way Unit 704 Arden, NC 28704

Estimated Value: $254,950 - $269,000

2 Beds
2 Baths
1,170 Sq Ft
2002 Built

Last Sold March 27, 2015

Last sale price $108,500 $93 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,546/month

166 Days on Market

Highlights

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

About This Home

As of March 2015

2nd flr corner unit with peaceful view of stream, grass & trees.Listen to the birds and stream while relaxing on your quiet balcony overlooking green space.Great location in subdivision.Bright home, split-bedroom plan and cozy living room with gas fireplace.Spacious master with walk-in closet and door to balcony.Lots of windows for natural light.New water heater installed Feb 2014.Fresh paint Feb 2015!

Last Agent to Sell the Property

Lisa Gurney

EXP Realty LLC License #277640 Listed on: 09/29/2014

Last Buyer's Agent

Mike Bryant

Estate Realty License #166741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $888

Year Built

  • Built in 2002

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9653-77-8695-CG704

Property Details

Home Type

Condominium

Est. Annual Taxes

$888

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: 1.00000
  • Ratio Close Price By Original Li: 0.96875
  • Ratio Current Price By Sq Ft: 92.74
  • Unit Floor Level: 2
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer Connection, Electric Oven
  • Fireplace Description: Gas Unvented, Gas Logs
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Cable Available, Pantry, Split BR Plan, Walk-In Closet(s)
  • Room Count: 2
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

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

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: Cul-de-sac Lot
  • Parcel Number: 9653-77-8695-CG704
  • Plat Reference Section Pages: 4918
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Mar 26, 2015
Sold by
Ramsey Jennie E and Doran Patrick W
Bought by
Watson Wyatt Micahel
Seller's Agent
Lisa Gurney
EXP Realty LLC
Buyer's Agent
Mike Bryant
Estate Realty
List Price
$112,000
Sold Price
$108,500
Premium/Discount to List
-$3,500
-3.12%
Total Days on Market
166
Current Estimated Value
$262,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,738
Avg. Annual Appreciation
9.13%

Purchase Details

Listed on
Sep 29, 2014
Closed on
Mar 25, 2015
Sold by
Kasey Properties Llc
Bought by
Ramsey Jennie E and Doran Patrick W
Seller's Agent
Lisa Gurney
EXP Realty LLC
Buyer's Agent
Mike Bryant
Estate Realty
List Price
$112,000
Sold Price
$108,500
Premium/Discount to List
-$3,500
-3.12%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Robbins Celeste L and Robbins Daniel
Bought by
Ramsey Jennie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Shelton Julie A
Bought by
Landel Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Holden Royce J and Holden Sarah L
Bought by
Shelton Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 2002
Sold by
Kasey Properties Llc
Bought by
Holden Royce J and Holden Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,305
Interest Rate
5.95%
Source: Public Records

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Range of Values:

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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
Watson Wyatt Micahel $108,500 None Available
Ramsey Jennie E -- None Available
Ramsey Jennie E $110,000 None Available
Landel Celeste $118,000 Chicago Title Insurance Co
Shelton Julie A $113,500 None Available
Holden Royce J $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsey Jennie E $111,000
Previous Owner Landel Celeste $91,000
Previous Owner Landel Celeste $10,000
Previous Owner Shelton Julie A $114,500
Previous Owner Holden Royce J $87,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $108,500 -3.1% $93 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $112,000 -- $96 / 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 $888 $149,000 $0 $149,000
2022 $873 $149,000 $0 $0
2021 $873 $149,000 $0 $0
2020 $813 $129,100 $0 $0
2019 $813 $129,100 $0 $0
2018 $813 $129,100 $0 $0
2017 $0 $116,000 $0 $0
2016 $806 $0 $0 $0
2015 $806 $116,000 $0 $0
2014 -- $116,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM571392

Canopy MLS (Canopy Realtor® Association)

APN: 9653-77-8695-CG704