NOT LISTED FOR SALE

15 Melrose Ln Tryon, NC 28782

Estimated Value: $403,278 - $433,000

3 Beds
2 Baths
1,581 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $167,000 $106 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,311/month

47 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Circular Driveway
  • Cathedral Ceiling
  • Corner Lot
  • Walk-In Closet

About This Home

As of June 2014

In town original 1920's log cabin w/rustic charm & comfort. Located in Tryon's beautiful Melrose Avenue neighborhood. Walk to all town amenities! Well preserved and maintained inc. Pella windows, new tin roof in 2011. LR has cathedral ceiling w/exposed logs/beams & stone FP. Eat-in kitchen, dining Rm, Lg MBR w/cath ceiling & walk-in closet. Stairs to open loft/BR, Gorgeous wooded lot w/large hardwoods, a fenced area and boardwalk to the street.

Last Agent to Sell the Property

Jean Skelcy

Coldwell Banker Advantage License #187340 Listed on: 05/01/2014

Coldwell Banker Advantage

Co-Listed By

Damian Hall

RE/MAX Advantage Realty / Tryon-Polk License #269114

Last Buyer's Agent

Jeremy Wood

SC NC Realty License #274782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Corner Lot
  • Wooded Lot

Home Design

  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Gravel Driveway

Listing and Financial Details

  • Assessor Parcel Number T1-1B5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.89780
  • Ratio Close Price By Original Li: 0.89780
  • Ratio Current Price By Acre: 477142.86
  • Ratio Current Price By Sq Ft: 105.63
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 181
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator, Washer Connection, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Split BR Plan, Walk-In Closet(s)
  • Room Count: 4
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 1581
  • Sq Ft Unheated Basement: 286

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular, Gravel

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Tryon
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.350
  • Parcel Number: T1-1B5
  • Plat Reference Section Pages: 376
  • Zoning Specification: RMF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 20, 2014
Sold by
Pietropaola Robert W and Pietropaola Lynn O
Bought by
Cash James Donald
Seller's Agent
Jean Skelcy
Coldwell Banker Advantage
Buyer's Agent
Jeremy Wood
SC NC Realty
List Price
$186,010
Sold Price
$167,000
Premium/Discount to List
-$19,010
-10.22%
Current Estimated Value
$418,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,139
Avg. Annual Appreciation
8.45%
Original Mortgage
$60,000
Outstanding Balance
$45,689
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$372,450

Purchase Details

Closed on
Oct 13, 2009
Sold by
Mayberry James Benjamin
Bought by
Pietropaola Robert W and Pietropaola Lynn O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 1997
Bought by
Cash James Donald
Source: Public Records

Range of Values:

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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
Cash James Donald $168,000 None Available
Pietropaola Robert W $169,000 None Available
Cash James Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash James Donald $60,000
Previous Owner Pietropaola Robert W $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $167,000 -10.2% $106 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $186,010 -- $118 / 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
2025 $1,132 $244,521 $29,750 $214,771
2024 $1,097 $188,294 $26,250 $162,044
2023 $1,079 $188,294 $26,250 $162,044
2022 $1,076 $188,294 $26,250 $162,044
2021 $1,076 $188,294 $26,250 $162,044
2020 $1,024 $166,452 $26,250 $140,202
2019 $1,024 $166,452 $26,250 $140,202
2018 $972 $166,452 $26,250 $140,202
2017 $972 $162,740 $23,625 $139,115
2016 $947 $162,740 $23,625 $139,115
2015 $897 $0 $0 $0
2014 $899 $0 $0 $0
2013 $899 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM560968

Canopy MLS (Canopy Realtor® Association)

APN: T11-B5