NOT LISTED FOR SALE

75 Smokey Ridge Trail Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $2,988,551 - $3,464,000

1.12 Acres
$2,931,712 Price per Acre
48,787 Sq Ft Lot

Last Sold August 08, 2016

Last sale price $575,000

Est. 471% increase in value since last sale

Current estimated payment $18,535/month

175 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Pond
  • T.C. Roberson High School Rated A
  • Clubhouse
  • Wooded Lot

About This Lot

As of August 2016

An uncommon combination of attractive features. Views to the north AND south, the build site is actually elevated just above the road. The lot then slopes generously to the rear to provide high ceilings in the lower level of the home you'll build here. Not only do you enjoy pristine views of the Blue Ridge Pkwy, but also distance views. Perhaps best of all: the lot abuts Pisgah National Forest. A 500,000 acre back yard! What could be better?

Last Agent to Sell the Property

Josh Smith

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #248708 Listed on: 01/15/2016

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $138 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9624-34-3028-00000
  • Tax Block 0141

Community Details

Overview

  • Scott Carlton Association, Phone Number (864) 414-7052

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.96639
  • Ratio Close Price By Original Li: 0.89147
  • Ratio Current Price By Acre: 513392.86
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • H O A Management Phone: 8644147052

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Tank
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Golf Course, Pond, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1660.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Scott Carlton
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Features: Mountain View, Long Range View, Paved Frontage, Sloping, Wooded, Year Round View
  • Lot Size Area: 1.120
  • Parcel Number: 9624-34-3028-00000
  • Zoning: Residential Lot
  • Zoning Specification: R-2
  • Plat Book Slide: 0100

Tax Info

  • Tax Value: 180600.00
  • Tax Block: 0141
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Aug 8, 2016
Sold by
Schumaker Stephen B and Schumaker Shelly A
Bought by
Revocab Heinmann Susan and Susan E Heinemann 2006 Revocable Trust
Seller's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Non Member
Canopy Administration
List Price
$645,000
Sold Price
$575,000
Premium/Discount to List
-$70,000
-10.85%
Current Estimated Value
$3,283,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,708,517
Avg. Annual Appreciation
21.08%

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 4, 2014
Sold by
Blue Ridge Dreams Llc
Bought by
Schumaker Stephen B and Schumaker Shelly A
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Josh Smith
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Sep 21, 2006
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Blue Ridge Dreams Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,625
Interest Rate
6.48%
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 Buyer Sale Price Title Company
Revocab Heinmann Susan $575,000 None Available
Schumaker Stephen B $500,000 None Available
Blue Ridge Dreams Llc $1,125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinemann Susan $75,000
Previous Owner Blue Ridge Dreams Llc $1,130,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $575,000 -10.9% --
07/08/2016 07/08/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $645,000 +29.0% --
06/10/2014 06/10/14 Sold $500,000 -13.0% --
05/20/2014 05/20/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $575,000 -- --
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
2024 -- $1,818,100 $358,000 $1,460,100
2023 $10,836 $1,818,100 $358,000 $1,460,100
2022 $10,654 $1,818,100 $0 $0
2021 $10,654 $1,818,100 $0 $0
2020 $11,562 $1,835,200 $0 $0
2019 $11,562 $1,835,200 $0 $0
2018 $7,333 $1,163,900 $0 $0
2017 $3,104 $180,600 $0 $0
2016 $1,255 $180,600 $0 $0
2015 $1,255 $180,600 $0 $0
2014 $1,255 $180,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3141277

Canopy MLS (Canopy Realtor® Association)

APN: 9624-34-3028-00000