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  • $309,500

    48 Olde Covington Way, Arden, NC 28704

    2beds
    1,077sqft
    Townhouse
    Built in 2002
    0.22 Acres Lot
    $307,300 Zestimate®
    $287/sqft
    $1,573 Estimated rent

    Home value

    $307,300

    $292,000 - $323,000

    $1,573/mo

    Zestimate® history
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    What's special

    This beautifully updated townhome in the sought-after Covington Crossing community has been meticulously cared for and upgraded with modern finishes throughout. Recent improvements include new kitchen appliances, elegant quartz countertops, and luxury vinyl plank flooring in the kitchen and family room. The cabinets have been refreshed, and both bathrooms have been stylishly remodeled with ceramic tile flooring—all within the past three years. Bedrooms feature plush carpeting installed just two years ago, and with no pets in the home, it remains in like-new condition. Additional updates include a newly sealed driveway and a brand-new roof installed in 2024. Enjoy the perfect balance of convenience and tranquility—just minutes from everything Arden has to offer, yet nestled in a peaceful setting. A welcoming community with wonderful neighbors makes this home truly special.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karl DeKing 828-585-2188,

    Nexus Realty LLC

    Bought with:

    Non Member

    Canopy Administration

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4311026MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13' 0" X 12' 0"
    Bedroom s
    • Features: Ceiling Fan(s)
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 13' 6" X 10' 0"
    Bathroom full
    • Level: Main
    • Area: 45 Square Feet
    • Dimensions: 9' 0" X 5' 0"
    Bathroom full
    • Level: Main
    • Area: 37.5 Square Feet
    • Dimensions: 7' 6" X 5' 0"
    Dining area
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9' 0" X 9' 0"
    Great room
    • Features: Cathedral Ceiling(s), Ceiling Fan(s)
    • Level: Main
    • Area: 275.5 Square Feet
    • Dimensions: 19' 0" X 14' 6"
    Kitchen
    • Features: Breakfast Bar
    • Level: Main
    • Area: 145 Square Feet
    • Dimensions: 14' 6" X 10' 0"
    Heating
    • Central, Forced Air, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Gas Water Heater, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven
    • Laundry: Laundry Closet, Main Level
    Features
    • Breakfast Bar, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Vinyl, Other
    • Doors: Screen Door(s)
    • Windows: Insulated Windows, Storm Window(s)
    • Has basement: No
    • Attic: Pull Down Stairs
    • Fireplace features: Family Room, Gas Log
    Interior area
    • Total structure area: 1,077
    • Total interior livable area: 1,077 sqft
    • Finished area above ground: 1,077
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    • Details: Single car garage and driveway with room for another vehicle. Street also available for short term parking.
    Accessibility
    • Accessibility features: Two or More Access Exits, No Interior Steps
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Covered, Deck, Front Porch, Porch
    • Exterior features: Lawn Maintenance
    Lot
    • Size: 0.22 Acres
    • Dimensions: 93' x 95'
    • Features: End Unit
    Details
    • Parcel number: 965377889200000
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Vinyl
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Covington Crossing
    HOA
    • Has HOA: Yes
    • HOA fee: $157 annually
    • HOA name: Two Trails Property Management
    • HOA phone: 828-696-2173
    • Second HOA fee: $220 monthly
    • Second HOA name: Two Trails Property Management
    • Second HOA phone: 828-696-2173
    Location
    • Region: Arden
    • Elevation: 2000 Feet

    Financial & listing details

    • Price per square foot: $287/sqft
    • Tax assessed value: $205,300
    • Annual tax amount: $1,323
    • Date on market: 10/17/2025
    • Cumulative days on market: 58 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    7/10/2026Sold$309,500$287/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    5/6/2026Price change$309,500-2.8%$287/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    5/1/2026Listed for sale$318,500$296/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    11/12/2025Listing removed$318,500$296/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    11/1/2025Price change$318,500-2%$296/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    10/17/2025Listed for sale$325,000+69.5%$302/sqft
    Source: Canopy MLS as distributed by MLS GRID #4311026 Report a problem
    9/27/2019Sold$191,750+6.5%$178/sqft
    Source: Canopy MLS as distributed by MLS GRID #3541640 Report a problem
    8/24/2019Pending sale$180,000$167/sqft
    Source: Keller Williams Elite Realty #3541640 Report a problem
    8/20/2019Listed for sale$180,000+12.5%$167/sqft
    Source: Keller Williams Elite Realty #3541640 Report a problem
    7/25/2018Sold$160,000+7.4%$149/sqft
    Source: Canopy MLS as distributed by MLS GRID #3403262 Report a problem
    6/17/2018Pending sale$149,000$138/sqft
    Source: Keller Williams Professionals #3403262 Report a problem
    6/15/2018Listed for sale$149,000+2.8%$138/sqft
    Source: Keller Williams Professionals #3403262 Report a problem
    9/7/2007Sold$145,000+18.2%$135/sqft
    Source: Public Record Report a problem
    7/16/2007Sold$122,704-13.6%$114/sqft
    Source: Public Record Report a problem
    4/6/2006Sold$142,000+6.8%$132/sqft
    Source: Public Record Report a problem
    6/23/2005Sold$133,000+17.7%$123/sqft
    Source: Public Record Report a problem
    8/30/2002Sold$113,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,323 +4.7%$205,300
    2024$1,264 +3.3%$205,300
    2023$1,224 +1.7%$205,300
    2022$1,203 $205,300
    2021$1,203 +17%$205,300 +25.8%
    2020$1,028 $163,200
    2019$1,028 $163,200
    2018$1,028 +11.4%$163,200 +22.9%
    2017$923 -10.2%$132,800
    2016$1,028 +11.4%$132,800
    2015$923 $132,800
    2014$923 $132,800
    2013-- $132,800 +3.9%
    2012-- $127,800
    2011-- $127,800
    2010-- $127,800
    2009-- $127,800
    2007-- $127,800
    2006-- $127,800 +17.6%
    2004-- $108,700
    2003-- $108,700
    Find assessor info on the county website

    Neighborhood: 28704

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Glen Arden/Koontz
    • Middle: Cane Creek
    • High: T.C. Roberson

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $307,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $307,300