NOT LISTED FOR SALE

80 Powder Creek Trail Unit 32 Arden, NC 28704

Estimated Value: $2,870,000 - $3,933,000

0.95 Acre
$3,666,491 Price per Acre
41,382 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $225,000

Est. 1,448% increase in value since last sale

Current estimated payment $19,614/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • T.C. Roberson High School Rated A
  • Gated Community
  • Pond

About This Lot

As of December 2021

Nestled into a comfortable nook in The Cliffs at Walnut Cove is a home site awaiting your vision and passion to truly reveal its potential. What is the ideal directional exposure most seek? Southeastly off the back of the home. This home site's southeasterly orientation sets up perfectly to optimally capture the sun's daily arc during all four seasons of the year. At 80 Powder Creek Trail you will discover mountain laurel mingled with towering maples and oak. Surprisingly level at the top, this lot rolls off to a gentle creek and hiking trail at the bottom, which maximizes privacy off the back. Perhaps one of the most attractive features is the fact that it is an easy stroll to Walnut Cove's 18,000 square foot wellness center. Originally purchased for nearly $600,000, this property represents an excellent value at its current list price.

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 10/09/2021

Last Buyer's Agent

Kevin Bondarenko

Premier Sotheby’s International Realty License #316841

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $175 Monthly HOA Fees

Schools

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

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9633-18-4146-00000
  • Tax Block 3A

Community Details

Overview

  • Walnut Cove Poa, Phone Number (864) 238-2557

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.97826
  • Ratio Close Price By Original Li: 0.97826
  • Ratio Current Price By Acre: 236842.11
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • H O A Management Phone: 864-238-2557

Exterior Features

  • Exterior Features: Underground Power Lines

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Indoor Pool, Outdoor Pool, Pond, Putting Green, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2096.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Walnut Cove POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.950
  • Parcel Number: 9633-18-4146-00000
  • Zoning Specification: R-2
  • Plat Book Slide: 0098
  • Plat Reference Section Pages: 0053

Tax Info

  • Tax Value: 125000.00
  • Tax Block: 3A
  • Tax Location: Arden

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Big Hills Construction Llc
Bought by
Ruth Ann Westreich Revocable Trust
Current Estimated Value
$3,483,166

Purchase Details

Listed on
Oct 9, 2021
Closed on
Dec 8, 2021
Sold by
Donahue Tabitha Joseph and Donahue David
Bought by
Big Hills Construction Llc
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Kevin Bondarenko
Premier Sotheby’s International Realty
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.68%

Purchase Details

Listed on
Jul 9, 2014
Closed on
May 11, 2016
Sold by
Hometrust Bank
Bought by
Donahue Tabitha Joseph
Seller's Agent
Lisa Maloney
AVL Living LLC
Buyer's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$179,900
Sold Price
$110,000
Premium/Discount to List
-$69,900
-38.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
May 14, 2014
Sold by
Harris Don Houston and Harris Teresa G
Bought by
Hometrust Bank

Purchase Details

Closed on
Sep 16, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Harris Don H and Jackson Alan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
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
Ruth Ann Westreich Revocable Trust $3,945,000 None Listed On Document
Ruth Ann Westreich Revocable Trust $3,945,000 None Listed On Document
Big Hills Construction Llc $225,000 None Available
Donahue Tabitha Joseph $110,000 None Available
Hometrust Bank $127,500 None Available
Harris Don H $564,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Big Hills Construction Llc $2,316,250
Previous Owner Harris Don H $599,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $225,000 -2.2% --
10/12/2021 10/12/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $230,000 +109.1% --
05/27/2016 05/27/16 Sold $110,000 -38.9% --
04/11/2016 04/11/16 Pending -- -- --
07/09/2014 07/09/14 For Sale $179,900 -- --
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 $7,283 $1,183,000 $125,000 $1,058,000
2023 $7,283 $125,000 $125,000 $0
2022 $733 $125,000 $0 $0
2021 $733 $125,000 $0 $0
2020 $1,296 $205,700 $0 $0
2019 $1,296 $205,700 $0 $0
2018 $1,296 $205,700 $0 $0
2017 $1,296 $230,200 $0 $0
2016 $1,600 $230,200 $0 $0
2015 $1,600 $230,200 $0 $0
2014 $1,600 $230,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3794673

Canopy MLS (Canopy Realtor® Association)

APN: 9633-18-4146-00000