NOT LISTED FOR SALE

76 Drakes Meadow Ln Unit 21 Arden, NC 28704

Estimated Value: $742,000 - $988,000

4 Beds
3.5 Baths
2,939 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $577,000 $196 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,001/month

1 Day on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Fireplace
  • Glen Arden Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of January 2021

Enjoy a charming neighborhood and privacy in this prime cul-de-sac Drakes Meadow home. Welcome to a gleaming freshly painted exterior (Nov.'20). Step inside the two-story foyer and discover many options for comfortable living and entertaining. Pass thru the butler's pantry to the granite kitchen, adorned with Restoration Hardware and Dwellings light fixtures, stainless appliances and gas stove. Large dining space is situated between the kitchen and cozy, vaulted great room with gas fireplace. The kitchen opens to yet another vaulted, multi-functional space with expansive built-ins for your home office, homework, puzzles or hobby of your choice (More Space Place, Nov. '18). Formal dining room is being used for piano and reading room. When you're ready for a change in scenery, delight in your gorgeous tiled patio and swimming pool (new heater and pump '18). Newly planted trees, rock steps and path accent the property. Master on main, three bedrooms on 2nd level, one with en-suite bath.

Last Agent to Sell the Property

Deanna Pittard

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #290433 Listed on: 11/20/2020

Howard Hanna Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Amanda Simpkins

Coldwell Banker Advantage License #291681

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.56

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Cottage
  • Bungalow
  • Stone Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • In Ground Pool
  • Level Lot
  • Septic Tank

Community Details

  • Drakes Meadow HOA, Phone Number (828) 230-6060

Listing and Financial Details

  • Assessor Parcel Number 9664-36-3796-00000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Bungalow, Cottage, Traditional
  • Ratio Close Price By List Price: 1.01228
  • Ratio Close Price By Original Li: 1.01228
  • Ratio Current Price By Acre: 1030357.14
  • Ratio Current Price By Sq Ft: 196.33
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 869
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Gas, Gas Oven, Gas Range, Natural Gas, Refrigerator
  • Fireplace Description: Gas Unvented, Great Room, Natural Gas
  • Fireplace: Yes
  • Fixture Exception Description: TV cabinet above fireplace.
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-230-6060
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2070
  • Total Sq Ft: 2939

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Drakes Meadow HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.560
  • Parcel Number: 9664-36-3796-00000
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 567300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 30, 2020
Sold by
Mcmurry Eric L and Mcmurry Summer V
Bought by
Simpkins Jonathan and Simpkins Amanda
Seller's Agent
Deanna Pittard
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Amanda Simpkins
Coldwell Banker Advantage
List Price
$570,000
Sold Price
$577,000
Premium/Discount to List
$7,000
1.23%
Current Estimated Value
$880,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,795
Avg. Annual Appreciation
9.44%
Original Mortgage
$548,150
Outstanding Balance
$489,226
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$391,569

Purchase Details

Closed on
Jun 27, 2013
Sold by
Grimsley George W and Grimsley Janice P
Bought by
Mccmurry Eric L and Mccmurry Summer V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,450
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Lawless Walter J and Lawless Denise C
Bought by
Grimsley George W and Grimsley Janice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2005
Sold by
Powell Duckett Land Co
Bought by
Beddingfield Chris T and Lawless Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,889
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Simpkins Jonathan $577,000 None Available
Mccmurry Eric L $431,000 None Available
Grimsley George W $519,000 None Available
Beddingfield Chris T $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpkins Jonathan $548,150
Previous Owner Mccmurry Eric L $409,450
Previous Owner Grimsley George W $350,000
Previous Owner Beddingfield Chris T $91,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $577,000 +1.2% $196 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $570,000 -- $194 / 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
2025 $3,622 $588,300 $65,600 $522,700
2024 $3,622 $588,300 $65,600 $522,700
2023 $3,622 $588,300 $65,600 $522,700
2022 $3,447 $588,300 $65,600 $522,700
2021 $3,447 $588,300 $0 $0
2020 $3,574 $567,300 $0 $0
2019 $3,574 $567,300 $0 $0
2018 $3,574 $567,300 $0 $0
2017 $3,574 $457,200 $0 $0
2016 $3,178 $457,200 $0 $0
2015 $3,178 $457,200 $0 $0
2014 $3,178 $457,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3685291

Canopy MLS (Canopy Realtor® Association)

APN: 9664-36-3796-00000