NOT LISTED FOR SALE

81 Olde Covington Way Arden, NC 28704

Estimated Value: $368,000 - $442,000

3 Beds
2.5 Baths
1,769 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $298,250 $169 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,350/month

165 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Front Green Space
  • Glen Arden Elementary School Rated A-
  • Walk-In Closet
  • Level Lot

About This Home

As of January 2021

3bd, 2 & ½ bath, plus huge bonus rm & 2 car garage home in walkable neighborhood.
Walk-in pantry, extra closets, attic storage, fireplace & fenced backyard with fruit trees.
Mere minutes to Airport Rd. shopping & restaurants, including new Ingles nearing completion.
Only 3 miles to AVL airport for business or pleasure flights.
New flooring in kitchen, dinning area & all bathrooms; fresh paint in bedrooms, baths & bonus room
Newer AC unit & dishwasher. Maytag washer & dryer, refrigerator & lawnmower convey
This is a 1769 sq. ft. single family detached home, vacant & ready to go!

Last Agent to Sell the Property

Mark Ebert

Kenmure 12 Broker LLC License #235999 Listed on: 06/29/2020

Last Buyer's Agent

Jonathan Gonzalez

NextHome Partners License #316930

NextHome Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Front Green Space
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 9653-88-0169-00000

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
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98922
  • Ratio Close Price By Original Li: 0.95593
  • Ratio Current Price By Acre: 1569736.84
  • Ratio Current Price By Sq Ft: 168.60
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1024
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 745
  • Total Sq Ft: 1769

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

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: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Green Area, Level
  • Lot Size Area: 0.190
  • Parcel Number: 9653-88-0169-00000
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 236600.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jan 13, 2021
Sold by
Morgan Herbert W and Morgan Vicki J
Bought by
Suarez Bayron Alberto Mendez and Suarez Jennifer Mendez
Seller's Agent
Mark Ebert
Kenmure 12 Broker LLC
Buyer's Agent
Jonathan Gonzalez
NextHome Partners
List Price
$312,000
Sold Price
$298,250
Premium/Discount to List
-$13,750
-4.41%
Current Estimated Value
$416,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,238
Avg. Annual Appreciation
7.38%
Original Mortgage
$298,250
Outstanding Balance
$269,741
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$146,747

Purchase Details

Listed on
May 22, 2016
Closed on
Jun 29, 2016
Sold by
Hughes Kevin D and Hughes April
Bought by
Morgan Herbert W and Morgan Vicki J
Seller's Agent
Kelly Frady
Howard Hanna Beverly-Hanks Asheville-North
Buyer's Agent
Leslie Elliott
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$239,000
Sold Price
$234,500
Premium/Discount to List
-$4,500
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$211,050
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Hughes Peggy S and Hughes Kevin D
Bought by
Hughes Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Barnwell Vollie R and Barnwell Brandy N
Bought by
Hughes Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 3, 2003
Sold by
Covington Crossing Llc
Bought by
Barnwell Vollie R and Barnwell Brandy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
4.37%
Mortgage Type
Unknown
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
Suarez Bayron Alberto Mendez $298,500 None Available
Suarez Bayron Alberto Mend $597 Chicago Title
Morgan Herbert W $234,500 None Available
Hughes Kevin D -- None Available
Hughes Kevin $224,000 None Available
Barnwell Vollie R $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Bayron Alberto Mend $298,250
Closed Suarez Bayron Alberto Mend $298,250
Previous Owner Morgan Herbert W $211,050
Previous Owner Hughes Kevin D $231,000
Previous Owner Hughes Kevin $224,000
Previous Owner Barnwell Vollie R $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $298,250 -1.1% $169 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/01/2020 12/01/20 Price Changed $301,500 -0.4% $170 / Sq Ft
11/08/2020 11/08/20 Price Changed $302,800 -0.2% $171 / Sq Ft
07/31/2020 07/31/20 Price Changed $303,500 -0.4% $172 / Sq Ft
07/16/2020 07/16/20 Price Changed $304,700 -0.7% $172 / Sq Ft
07/10/2020 07/10/20 Price Changed $307,000 -1.6% $174 / Sq Ft
06/29/2020 06/29/20 For Sale $312,000 +33.0% $176 / Sq Ft
06/30/2016 06/30/16 Sold $234,500 -1.9% $133 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $239,000 -- $135 / 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 $1,588 $258,000 $35,300 $222,700
2024 $1,588 $258,000 $35,300 $222,700
2023 $1,588 $258,000 $35,300 $222,700
2022 $1,512 $258,000 $0 $0
2021 $1,512 $258,000 $0 $0
2020 $1,491 $236,600 $0 $0
2019 $1,491 $236,600 $0 $0
2018 $1,491 $236,600 $0 $0
2017 $1,491 $188,800 $0 $0
2016 $1,312 $188,800 $0 $0
2015 $1,312 $188,800 $0 $0
2014 $1,312 $188,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3635880

Canopy MLS (Canopy Realtor® Association)

APN: 9653-88-0169-00000