NOT LISTED FOR SALE

364 Melrose Ave Tryon, NC 28782

Estimated Value: $738,281 - $907,000

4 Beds
5 Baths
2,732 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $532,000 $195 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,566/month

341 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fireplace
  • Private Lot
  • Walk-In Pantry
  • Walk-In Closet

About This Home

As of October 2020

Elegant, sunny, historic wood home in a FABULOUS private compound in downtown Tryon. Excellent walk to town spot. The feel is woodsy, gracious, casual, updated and you can feel the history. Plenty of spaces for work, study, projects, while living in charming, friendly, sparsely populated small town America. Tryon's got deep roots in cultural arts, and is in the second best school district in NC after Chapel Hill. This super cool meticulously preserved, one level 1920 country home has an updated chef's kitchen w Wolf, Miele, SubZero. Large master suite connects w a sun porch, clawfoot tub bathroom, modern glass and teak shower, heated towel racks-the WORKS. Original refinished wood floors, mahogany doors, double fireplaces. Giant basement. Detached 2 car garage with guest house above. *Ceiling in guest house is under 7' tall so square footage calculations may differ*. Lots of parking on paved driveway. Located 40 min S of Asheville, 30 min N of SPG/GVL, 1.5 hrs W of Charlotte.

Last Agent to Sell the Property

Lynne Perlmutter

Around Tryon Properties License #263086 Listed on: 10/18/2019

Last Buyer's Agent

Lynne Perlmutter

Around Tryon Properties License #263086 Listed on: 10/18/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Private Lot
  • Many Trees

Parking

  • 2

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number T14-C9

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95512
  • Ratio Close Price By Original Li: 0.85120
  • Ratio Current Price By Acre: 409230.77
  • Ratio Current Price By Sq Ft: 194.73
  • Year Built: 1920
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Gas, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer, Natural Gas, Gas Oven
  • Fireplace Description: Living Room, Primary Bedroom, Natural Gas
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 552
  • Sq Ft Additional: 552
  • Main Level Sq Ft: 2732
  • Total Sq Ft: 2732
  • Sq Ft Unheated Basement: 872
  • Sq Ft Unheated Total: 872

Exterior Features

  • Construction: Cedar Shake, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Private, Trees
  • Parcel Number: T14-C9
  • Zoning Specification: M

Tax Info

  • Tax Value: 245750.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Oct 2, 2020
Sold by
Baumhover James P
Bought by
Gray Geoffrey V and Gray Maureen H
Seller's Agent
Lynne Perlmutter
Around Tryon Properties
Buyer's Agent
Lynne Perlmutter
Around Tryon Properties
List Price
$557,000
Sold Price
$532,000
Premium/Discount to List
-$25,000
-4.49%
Current Estimated Value
$822,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,070
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Oct 22, 2009
Sold by
Bachman Dianne L and Baumhover James P
Bought by
Bachman Dianne L and Baumhover James P

Purchase Details

Closed on
Oct 15, 2009
Sold by
Blake Rochelle G and Bachman Dianne L
Bought by
Bachman Dianne L

Purchase Details

Closed on
Dec 31, 1997
Bought by
Bachman Dianne L Et Vir
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray Geoffrey V $532,000 None Available
Bachman Dianne L -- --
Bachman Dianne L -- --
Bachman Dianne L Et Vir -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $532,000 -4.5% $195 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $557,000 +4.7% $204 / Sq Ft
09/18/2020 09/18/20 Off Market $532,000 -- --
08/27/2020 08/27/20 Price Changed $557,000 -5.6% $204 / Sq Ft
08/05/2020 08/05/20 Price Changed $590,000 -5.6% $216 / Sq Ft
10/18/2019 10/18/19 For Sale $625,000 -- $229 / 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 $3,205 $692,439 $70,550 $621,889
2024 $3,112 $534,057 $53,145 $480,912
2023 $2,933 $505,884 $53,145 $452,739
2022 $2,832 $505,884 $53,145 $452,739
2021 $2,832 $505,884 $53,145 $452,739
2020 $1,496 $245,750 $52,465 $193,285
2019 $1,496 $245,750 $52,465 $193,285
2018 $1,418 $245,750 $52,465 $193,285
2017 $1,418 $241,807 $52,465 $189,342
2016 $1,391 $241,807 $52,465 $189,342
2015 $1,344 $0 $0 $0
2014 $1,344 $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: CAR3561144

Canopy MLS (Canopy Realtor® Association)

APN: T14-C9