NOT LISTED FOR SALE

77 Olde Covington Way Arden, NC 28704

Estimated Value: $394,000 - $475,000

3 Beds
2.5 Baths
1,573 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $340,000 $216 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,550/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Walk-In Closet
  • Glen Arden Elementary School Rated A-
  • Fireplace
  • Level Lot

About This Home

As of June 2021

Accepting Back Up Offers! Great Location, Lots of Sun, Situated high above the road and has one of the few large Private lots in Covington Crossings! Great floor plan with master on the main, Brazilian Hardwood Floors. Back patio, side yard, garden space, fully fenced with privacy fence. You'll love coming home to this home and yard! Glen Arden/Roberson School District. Easy access to Biltmore Park, Asheville Airport.

Last Agent to Sell the Property

Kim Mannine

Southern Homes of the Carolinas, Inc License #270341 Listed on: 04/20/2021

Southern Homes of the Carolinas, Inc

Last Buyer's Agent

Scott Walker

Redfin Corporation License #51787

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 9653-88-0041-00000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.03030
  • Ratio Close Price By Original Li: 1.03030
  • Ratio Current Price By Acre: 1416666.67
  • Ratio Current Price By Sq Ft: 216.15
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 596
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 977
  • Total Sq Ft: 1573

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.240
  • Parcel Number: 9653-88-0041-00000
  • Plat Book Slide: 0082/0085
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 221800.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 3, 2021
Sold by
Mack Aita H and Mack Gregory
Bought by
Knudson Bradley Jon
Seller's Agent
Kim Mannine
Southern Homes of the Carolinas, Inc
Buyer's Agent
Scott Walker
Redfin Corporation
List Price
$330,000
Sold Price
$340,000
Premium/Discount to List
$10,000
3.03%
Total Days on Market
6
Current Estimated Value
$434,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,389
Avg. Annual Appreciation
6.25%
Original Mortgage
$340,000
Outstanding Balance
$311,160
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$122,110

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 13, 2015
Sold by
Headrick Holly E and Coates Holly E
Bought by
Forbes Geoffrey
Seller's Agent
Linda Baker
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Kim Mannine
Southern Homes of the Carolinas, Inc
List Price
$239,000
Sold Price
$222,500
Premium/Discount to List
-$16,500
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Dickson Richard R
Bought by
Headrick Holly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,274
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Lipscomb Bryan J and Lipscomb Lisa M
Bought by
Dickson Richard R

Purchase Details

Closed on
Aug 27, 2003
Sold by
Covington Crossing Llc
Bought by
Lipscomb Bryan J and Lipscomb Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.72%
Mortgage Type
Unknown
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
Knudson Bradley Jon $340,000 First American Mortgage Sln
Forbes Geoffrey $222,500 --
Forbes Geoffrey $222,500 --
Headrick Holly E $173,000 None Available
Dickson Richard R $191,000 --
Lipscomb Bryan J $150,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knudson Bradley Jon $340,000
Previous Owner Headrick Holly E $179,274
Previous Owner Lipscomb Bryan J $142,800
Previous Owner Covington Crossing Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $340,000 +3.0% $216 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $330,000 +48.3% $210 / Sq Ft
05/13/2015 05/13/15 Sold $222,500 -6.9% $141 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $239,000 -- $152 / 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 $1,218 $242,800 $36,500 $206,300
2022 $1,423 $242,800 $0 $0
2021 $1,423 $242,800 $0 $0
2020 $1,397 $221,800 $0 $0
2019 $1,397 $221,800 $0 $0
2018 $1,397 $221,800 $0 $0
2017 $0 $176,900 $0 $0
2016 $1,229 $176,900 $0 $0
2015 $1,229 $176,900 $0 $0
2014 $1,229 $176,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3705448

Canopy MLS (Canopy Realtor® Association)

APN: 9653-88-0041-00000