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602 Olde Covington Way; Arden, NC Property Details

602 Olde Covington Way, Arden, NC is a Condominium that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 602 Olde Covington Way has 3 bedrooms, and 2.5 bathrooms, and a total of 1,380 square feet. The lot size of 602 Olde Covington Way is 871 square feet.

Off market
602 Olde Covington Way Arden, NC 28704
$167,500 Estimated Value
3 Beds
2.5 Baths
1,380 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $125,000
  • Est. Equity / %: $296,000 / 100%
  • Gross Yield: 6.251%
  • APN: 9653-77-8695-CF602
  • Situs County: Buncombe
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,380/SqFt
  • Lot: 871/SqFt
  • Gross: 1,700/SqFt
  • Garage: 320/SqFt
  • Living: 1,380/SqFt
  • Building: 1,700/SqFt
  • Ground: 826/SqFt
  • Price Per Square Foot: $90.58

Legal Description

  • Description: SUBDIV: COVINGTON CROSSING CONDOS BLOCK: LOT: UNIT 602 BLDG E3 SECTION: PLAT: 0086-0152
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Buncombe County Schools
  • Lat / Lon: 35.451603 / -82.49997
  • Subdivision: Covington Crossing Condos
  • Property Class: Residential
  • Zoning: R-2
  • County Use Code: 120

Amenities

  • Plus Four: 9336
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $220
  • H O A Amount: $220
  • H O A One Frequency: Monthly
  • H O A One Name: Covington Crossing Condos
  • H O A One Type: Condo  Owner Association

Ownership Info

602 Olde Covington Way has no associated ownership info
602 Olde Covington Way has no associated ownership info.

Taxes

602 Olde Covington Way has 6 associated Taxes items

602 Olde Covington Way, Arden, NC pays taxes in Buncombe County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $167,500. The APN we've located for 602 Olde Covington Way is 9653-77-8695-CF602.

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Taxes
  • Assessed Value:  $167,500
  • Assessed Year:  2025
  • Assessed County:  Buncombe
  • APN:  9653-77-8695-CF602
  • Market Value:  167500
  • Market Year:  2025

Tax History

602 Olde Covington Way has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $167,500 Land Value Improvement Value $167,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $167,500 Land Value Improvement Value $167,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $167,500 Land Value Improvement Value $167,500 Tax Amount $981.55 Change Rate Assessed CR Tax Rate +0.00586%
Year 2022 Assessed Value $167,500 Land Value Improvement Value $167,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $167,500 Land Value Improvement Value Tax Amount $981.55 Change Rate +0.162698% Assessed CR Tax Rate +0.00586%
Year 2020 Assessed Value $134,000 Land Value Improvement Value Tax Amount $844.2 Change Rate Assessed CR Tax Rate +0.0063%
Year 2019 Assessed Value $134,000 Land Value Improvement Value Tax Amount $844.2 Change Rate Assessed CR Tax Rate +0.0063%
Year 2018 Assessed Value $134,000 Land Value Improvement Value Tax Amount $844.2 Change Rate Assessed CR Tax Rate +0.0063%
Year 2017 Assessed Value $120,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $120,300 Land Value Improvement Value Tax Amount $836.08 Change Rate Assessed CR Tax Rate +0.00695%
Year 2014 Assessed Value $120,300 Land Value Improvement Value Tax Amount $836.08 Change Rate Assessed CR Tax Rate +0.00695%