$979,000
SOLD JUN 18, 2025

135 & 145 Melrose Ave Tryon, NC 28782

8 Beds
7.5 Baths
3,686 Sq Ft
0.52 Acres

Recently Sold

$266 Per Sq Ft

2% Below List Price

30 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • More Than Two Accessible Exits
  • Wrap Around Porch
  • Tankless Water Heater
  • Separate Entry Quarters

About This Home

As of June 2025

*RARE INCOME PRODUCING HISTORICAL HOME IN TRYON!* Discover a rare investment opportunity in the heart of Tryon, NC where historic elegance meets modern cash flow. Nestled just steps from downtown, 145 Melrose offers 5,722 sq ft of beautifully renovated living space across two distinct buildings—a grand 1910 built main house & a charming detached cottage—now configured as six upscale, long-term rental apartments. Fully leased at $8,350/mo ($100,200/yr), this turnkey property delivers immediate income with room to grow. Step into a world of timeless appeal: the main residence boasts a wraparound porch, hardwood floors, & soaring ceilings, thoughtfully divided into 4 spacious units. The adjacent cottage adds 2 more, each w/ private entrances & modern upgrades. Set on a lush 0.52-acre lot w/ manicured gardens, this compound radiates curb appeal & versatility. Centrally located between Asheville, Charlotte, Greenville & Spartanburg - less than 1 hour to AVL & GSP & >2 hours to CLT airports.

Last Agent to Sell the Property

Becky Call

RE/MAX Results Brokerage Email: beckycallrealestate@gmail.com License #337319 Listed on: 03/13/2025

RE/MAX Results

Last Buyer's Agent

Jen Hubbell

Keller Williams Mtn Partners, LLC License #304729

Keller Williams Mtn Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1910

Parking

  • On-Street Parking

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement
  • Basement Storage

Schools

  • Polk Central Elementary School
  • Polk Middle School
  • Polk High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Wrap Around Porch
  • Cleared Lot
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number T11-A25

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,999

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Restrictions: Short Term Rental Allowed
  • Second Living Quarters: Exterior Not Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 171.09
  • Property Sub Type Additional: Other
  • Bedroom Lower: 1
  • Geocode Confidence: Medium
  • Attribution Contact: beckycallrealestate@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Wood
  • Lower Level Sq Ft: 500
  • Main Level Sq Ft: 2036
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2096
  • Sq Ft Unheated Total: 2096
  • Sq Ft Upper: 1150
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 3686
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Apartment, Finished, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Living Area: 3686
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Laundry Features: Common Area, Gas Dryer Hookup, In Basement, Washer Hookup
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: T11-A25
  • Zoning: M
  • Zoning Specification: M

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jun 11, 2025
Sold by
Green Creek Enterprise Llc
Bought by
Garden Gate Properties Llc
Seller's Agent
Becky Call
RE/MAX Results
Buyer's Agent
Jen Hubbell
Keller Williams Mtn Partners, LLC
List Price
$1,000,000
Sold Price
$979,000
Premium/Discount to List
-$21,000
-2.1%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.87%

Purchase Details

Closed on
Jan 1, 2022
Sold by
Melrose Suites Llc
Bought by
Green Creek Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2016
Sold by
Bock Jordan
Bought by
Melrose Suites Llc

Purchase Details

Closed on
Jan 2, 2013
Sold by
Tuohy Patricia A
Bought by
Bock Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2002
Bought by
Bock Jordan

Purchase Details

Closed on
Dec 31, 1997
Bought by
Bock Jordan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $979,000 None Listed On Document
Warranty Deed $979,000 None Listed On Document
Warranty Deed $630,000 Deutsch & Gottschalk Pa
Warranty Deed -- None Available
Warranty Deed $225,000 None Available
Deed $250,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,500 New Conventional
Previous Owner $170,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $979,000 -2.1% $266 / Sq Ft
03/13/2025 03/13/25 For Sale $1,000,000 -- $271 / 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 $2,999 $514,589 $39,000 $475,589
2023 $2,948 $514,589 $39,000 $475,589
2022 $2,397 $420,978 $39,000 $381,978
2021 $2,397 $420,978 $39,000 $381,978
2020 $1,599 $257,189 $39,000 $218,189
2019 $1,599 $257,189 $39,000 $218,189
2018 $1,517 $257,189 $39,000 $218,189
2017 $1,517 $302,320 $35,100 $267,220
2016 $1,765 $302,320 $35,100 $267,220
2015 $1,706 $0 $0 $0
2014 $1,706 $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: 4233654

Canopy MLS (Canopy Realtor® Association)

APN: T11-A25