This property
$272,000
$272,000
Similar homes for sale
$277,300
$277,300
Recently sold homes
$281,750
$281,750
5 Groton Way, Arden NC 28704
3 br 2 ½ ba 2,094 sqft Single-Family Home|
Sold for $272,000 on Mar 31st, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 2 |
| Partial bathrooms | 1 |
| Price/sqft | $130 |
| Year built | 2005 |
| ZIP code | 28704 |
Public Records
| Street # | 5 |
| Street | Groton Way |
| City | Arden |
| ZIP code | 28704 |
| Beds | 3 |
| Baths | 2.5 |
| Year built | 2005 |
| Sqft | 2,094 sqft |
| Lot Size | 0.20 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 03/31/2009 | Sold | $272,000 | Public record |
| 06/03/2005 | Sold | $245,000 | Public record |
Street view
Similar homes for sale
Average listing price is $277,300
Recently sold homes
Average sales price is $281,750
16 Stonehouse Rd, Arden NC
Sold for $350,000 on 05/22/09
4 br2 ½ ba3,081 sqft
Single-Family Home
0.28 mi
5 Pine Ridge Trl, Arden NC
Sold for $240,000 on 04/30/09
3 br3 ba1,404 sqft
Single-Family Home
1.22 mi
47 Sunview Cir, Arden NC
Sold for $220,000 on 05/29/09
3 br2 ba1,692 sqft
Single-Family Home
3.55 mi
21 S Oak Forest Dr, Asheville NC
Sold for $193,500 on 04/02/09
3 br2 ba1,834 sqft
Single-Family Home
2.56 mi
| This home | ||
|---|---|---|
| Sales price: | $272,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $277,300 | -2% |
| Avg. sales price: | $281,750 | -3% |
| Avg. price/sqft: | $126 | +3% |
| Compared to 28704 | ||
|---|---|---|
| Avg. listing price: | $613,149 | -56% |
| Avg. sales price: | $238,833 | +14% |
| Avg. price/sqft: | $127 | +2% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $272,000 | |
| Compared to Arden | ||
|---|---|---|
| Avg. listing price: | $613,308 | -56% |
| Avg. sales price: | $238,833 | +14% |
| Avg. price/sqft: | $127 | +2% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
William W Estes Elementary School
Buncombe County School District |
Public | 1.94 | ||
| I would agree most teachers are good, but there are a few who believe in punitive punishment for elementary school kids. It is shameful that a few rotten… | ||||
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Faith Point Christian Academy
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Private | 1.96 | ||
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Arden Christian School
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Private | 2.98 | ||
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Avery's Creek Elementary School
Buncombe County School District |
Public | 3.19 | ||
| This school is overcrowded and has not passed the end of grade testing for a least 2 years | ||||
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Glen Arden Elementary School
Buncombe County School District |
Public | 3.6 | ||
| I would not recommend this school. In my opinion, the administration does not foster communitcation with the parents. I have found through the experience… | ||||
View all schools in:
Buncombe County School District
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:5 Groton Way, Arden NC 28704 |
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This Single-Family Home located at 5 Groton Way, Arden NC, 28704 sold for $272,000 on Mar 31, 2009. 5 Groton Way has 3 beds, 2 ½ baths, and approximately 2,094 square feet. The property has a lot size of 8,712 square feet and was built in 2005. 5 Groton Way is in Arden, NC and in ZIP Code 28704. The most recent sale price of $272,000 is 2% lower than the average list price of $277,300 for similar homes for sale, 56% lower than the average list price of $613,149 for 28704, and 56% lower than the average list price of $613,308 for Arden, NC. The most recent sale is 3% lower than the average sale price of $281,750 for similar homes for sale, 14% higher than the average sale price of $238,833 for 28704 sold homes, and 56% lower than the average sale price of $238,833 for Arden sold homes. 5 Groton Way previously sold for $272,000 on Mar 31, 2009 and $245,000 on Jun 3, 2005.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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