NOT LISTED FOR SALE

1068 Mountain Lakes Dr Tryon, NC 28782

Estimated Value: $407,000 - $489,000

3 Beds
3 Baths
2,499 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $204,000 $82 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,528/month

112 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Wood Flooring
  • Wood Burning Stove
  • Ranch Style House
  • Fireplace

About This Home

As of December 2019

Take a rest in this ranch style 3Br/3Ba home, tucked away in the beautiful WNC mountains. Located in the gated Melrose Mountain Community, this home offers wonderful outdoor space including a screened in front porch, back deck, patio and fire pit that's perfect for entertaining or enjoying peaceful mountain views in privacy. Minutes walk to private fishing and swimming lake, 1068 Mountain Lakes Dr. is great for families who need room to play. Inside, enjoy relaxing next to the wood burning stove in the open concept living and dining room area. The finished basement offers space for guests or an office.

Last Agent to Sell the Property

Carol Bourke

Keller Williams Professionals License #192076 Listed on: 07/19/2019

Keller Williams Professionals

Co-Listed By

Joe Torres

CENTURY 21 Connected License #303296

Last Buyer's Agent

Adrienne Reilly

NorthGroup Real Estate LLC License #289586

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Wood Burning Stove

Flooring

  • Wood
  • Carpet

Additional Features

  • Fire Pit
  • Septic Tank

Community Details

  • Melrose Mountain Association, Phone Number (828) 859-5051
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number P25-114

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

2.29 Acres

HOA Fees

$82 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.89083
  • Ratio Close Price By Original Li: 0.81928
  • Ratio Current Price By Acre: 89082.97
  • Ratio Current Price By Sq Ft: 81.63
  • Year Built: 1998
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 8288595051
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1115
  • Main Level Sq Ft: 1384
  • Total Sq Ft: 2499

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 490.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Melrose Mountain
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Mountain View, Private, Trees
  • Parcel Number: P25-114
  • Plat Book Slide: A106/157
  • Zoning Specification: Red

Tax Info

  • Tax Value: 173836.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Dec 16, 2019
Sold by
Palmer Everett A and Palmer Ellenie M
Bought by
Mccall David M
Seller's Agent
Carol Bourke
Keller Williams Professionals
Buyer's Agent
Adrienne Reilly
NorthGroup Real Estate LLC
List Price
$249,000
Sold Price
$204,000
Premium/Discount to List
-$45,000
-18.07%
Current Estimated Value
$443,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,403
Avg. Annual Appreciation
13.27%
Original Mortgage
$200,305
Outstanding Balance
$175,577
Interest Rate
3.31%
Mortgage Type
FHA
Estimated Equity
$267,826

Purchase Details

Listed on
Jun 4, 2011
Closed on
Sep 7, 2012
Sold by
Engel Charles W and Engel Linda Troiano
Bought by
Palmer Everette A and Palmer Ellenie M
Seller's Agent
Maxine (Happ McLeod
New View Realty
Buyer's Agent
Maxine (Happ McLeod
New View Realty
List Price
$249,900
Sold Price
$185,000
Premium/Discount to List
-$64,900
-25.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$187,166
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2002
Bought by
Palmer Everette A

Purchase Details

Closed on
Dec 31, 1997
Bought by
Palmer Everette A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mccall David M -- None Available
Palmer Everette A $185,000 None Available
Palmer Everette A -- --
Palmer Everette A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall David M $200,305
Previous Owner Palmer Everette A $187,166
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $204,000 -10.9% $82 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/11/2019 10/11/19 Price Changed $229,000 -4.2% $92 / Sq Ft
09/04/2019 09/04/19 Price Changed $239,000 -4.0% $96 / Sq Ft
07/19/2019 07/19/19 For Sale $249,000 +34.6% $100 / Sq Ft
09/12/2012 09/12/12 Sold $185,000 -26.0% $73 / Sq Ft View Prior Sale
08/14/2012 08/14/12 Pending -- -- --
06/04/2011 06/04/11 For Sale $249,900 -- $98 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,966 $346,883 $25,200 $321,683
2024 $1,481 $208,155 $18,950 $189,205
2023 $1,439 $208,155 $18,950 $189,205
2022 $1,412 $208,155 $18,950 $189,205
2021 $1,370 $208,155 $18,950 $189,205
2020 $1,248 $173,836 $18,950 $154,886
2019 $1,248 $173,836 $18,950 $154,886
2018 $1,193 $173,836 $18,950 $154,886
2017 $1,124 $172,327 $22,095 $150,232
2016 $1,116 $172,327 $22,095 $150,232
2015 $1,082 $0 $0 $0
2014 $1,048 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3528960

Canopy MLS (Canopy Realtor® Association)

APN: P25-114

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