NOT LISTED FOR SALE

89 Powder Creek Trail Arden, NC 28704

Walnut Cove Neighborhood

Estimated Value: $2,049,000 - $2,968,942

4 Beds
3.5 Baths
4,416 Sq Ft
$580/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $1,450,000 $328 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $14,815/month

300 Days on Market

Highlights

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

About This Home

As of February 2020

Indoor and outdoor chefs kitchens in this recently completed custom home! Beautiful lot with sweeping views of the mountains just a short walk from the 18,000 square foot wellness center with indoor and outdoor pools and spa services. This home was designed for family living and entertaining with a game room, movie room, large outdoor screened porch with fireplace. Located in a well-developed section of Walnut Cove, your future neighbors look forward to sharing the experience with you. Cliffs membership available for access to the 7 nationally acclaimed golf courses and club facilities.

Last Agent to Sell the Property

Kyle Olinger

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #193234 Listed on: 03/14/2019

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

David Gregg

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #248481

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Corner Lot
  • Wooded Lot

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 3

Home Design

  • Stone Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Outdoor Features

  • Pond
  • Outdoor Gas Grill

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 963318244500000
  • Tax Block 3a

Community Details

Overview

  • Carltom Property Management Association, Phone Number (864) 238-2557
  • Built by Evergreen

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$158 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86567
  • Ratio Close Price By Original Li: 0.81598
  • Ratio Current Price By Acre: 1746987.95
  • Ratio Current Price By Sq Ft: 328.35
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1938
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Double Oven, Generator
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 864-238-2557
  • Interior Amenities: Kitchen Island
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2478
  • Total Sq Ft: 4416

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: In-Ground Gas Grill
  • New Construction: Yes

Garage/Parking

  • Parking: Garage - 3 Car

Utilities

  • Heating: Multizone A/C
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Dog Park, Fitness Center, Gated Community, Golf Course, Hot Tub, Pond, Outdoor Pool, Security, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1896.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carltom Property Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.830
  • Parcel Number: 963318244500000
  • Plat Book Slide: 0096
  • Plat Reference Section Pages: 0061
  • Zoning Specification: R-2

Building Info

  • Builder Name: Evergreen

Tax Info

  • Tax Value: 1430900.00
  • Tax Block: 3a
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Feb 14, 2020
Sold by
Mark Sexton Properties Llc
Bought by
Brown Yale
Seller's Agent
Kyle Olinger
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
David Gregg
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$1,777,000
Sold Price
$1,450,000
Premium/Discount to List
-$327,000
-18.4%
Current Estimated Value
$2,561,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,111,736
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Guenther Christoph and Guenther Bettina
Bought by
Mark Sexton Properties Llc

Purchase Details

Closed on
Nov 15, 2005
Sold by
J & L Properties Llc
Bought by
Guenther Christoph

Purchase Details

Closed on
May 3, 2005
Sold by
The Cliffs At Walnut Cove Llc
Bought by
J & L Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.99%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Brown Yale $1,450,000 None Available
Mark Sexton Properties Llc $270,000 None Available
Guenther Christoph $525,000 --
J & L Properties Llc $364,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mark Sexton Properties Llc $900,000
Previous Owner J & L Properties Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $1,450,000 -13.4% $328 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $1,675,000 -5.7% $379 / Sq Ft
09/30/2019 09/30/19 Price Changed $1,777,000 -0.8% $402 / Sq Ft
06/17/2019 06/17/19 Price Changed $1,792,000 +0.8% $406 / Sq Ft
03/14/2019 03/14/19 For Sale $1,777,000 -- $402 / 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
2024 $9,669 $1,570,600 $264,400 $1,306,200
2023 $9,669 $1,570,600 $264,400 $1,306,200
2022 $9,204 $1,570,600 $0 $0
2021 $9,204 $1,570,600 $0 $0
2020 $10,519 $1,669,700 $0 $0
2019 $9,015 $1,430,900 $0 $0
2018 $1,272 $201,900 $0 $0
2017 $0 $225,900 $0 $0
2016 $1,570 $225,900 $0 $0
2015 $1,570 $225,900 $0 $0
2014 $1,570 $225,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3462390

Canopy MLS (Canopy Realtor® Association)

APN: 9633-18-2445-00000