NOT LISTED FOR SALE

385 Little Falls Dr Tryon, NC 28782

Estimated Value: $463,000 - $595,000

3 Beds
3.5 Baths
2,500 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $580,000 $232 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,117/month

66 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Breakfast Bar
  • Private Lot
  • Wood Flooring
  • Laundry Room

About This Home

As of January 2022

Turn-key furnished log cabin with year-round spectacular mountain views in the Melrose Mountain community of Tryon, NC. Plenty of outdoor space with a spacious open deck, a covered front porch, & a front yard with a horseshoe pit The community amenities include 2 lakes, one for swimming & one for fishing, tennis & pickleball courts. The HOA dues include water, road maintenance & 2 gated entrances. The main level of the home includes a living room with a gas log fireplace, dining area opens to the kitchen which has a gas range/oven & breakfast bar. A half bath, the main bedroom with ensuite bath & the laundry complete the main level. The upper level features 2 guest bedrooms and a full bath. The finished basement has a family room, kitchenette, full bath & an office/study. currently used for additional sleeping quarters. The one-car garage has been transformed into a game room. High-speed internet through Skyrunner is available. A whole house generator & outbuilding included.

Last Agent to Sell the Property

Kathy Toomey

New View Realty License #251271 Listed on: 09/27/2021

Last Buyer's Agent

Ed Parker

Keller Williams Professionals License #282199

Keller Williams Professionals

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Ceiling Fan
  • Propane Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Power Generator
  • Community Well
  • Septic Tank

Community Details

  • Melrose Mtn Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number P25-177

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,097

Year Built

Built in 2008

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2008
  • Ratio Current Price By Acre: 202090.59
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Split Bedroom
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 262
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1104
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 126
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 126
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 680
  • Porch: Covered,Deck,Front,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Gas Range, Generator, Microwave, Propane Cooktop, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 716
  • Fireplace Features: Gas Log, Living Room, Propane
  • Living Area: 2500
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Off Frame Modular
  • Waterfront Features: Beach - Public, Boat Slip – Community
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Carport - 2 Car, Garage - 1 Car, Garage Door Opener

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: Required

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Private, Views, Wooded, Year Round View
  • Lot Size Area: 2.87
  • Lot Size Units: Acres
  • Parcel Number: P25-177
  • Additional Parcels Description: P25-178
  • Zoning Description: MX

Tax Info

  • RATIO List Price By Tax Amount: 1.98485

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Tryon
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Jan 7, 2022
Sold by
Parker Pons and Parker Camern
Bought by
Mount Liamuiga Properties Llc
Seller's Agent
Kathy Toomey
New View Realty
Buyer's Agent
Ed Parker
Keller Williams Professionals
List Price
$585,000
Sold Price
$580,000
Premium/Discount to List
-$5,000
-0.85%
Current Estimated Value
$522,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,559
Avg. Annual Appreciation
-2.97%
Original Mortgage
$464,000
Outstanding Balance
$406,448
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving
Estimated Equity
$112,986

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 16, 2018
Sold by
Boone William R and Boone Edna T
Bought by
Pons Peter and Pons Cameron Parker
Seller's Agent
Mark Lauer
Mark Lauer Realty
Buyer's Agent
Tonya Walls
NorthGroup Real Estate LLC
List Price
$454,000
Sold Price
$421,000
Premium/Discount to List
-$33,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$296,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Boone Willaim R and Boone Edna T
Bought by
Boone William R and Boone Edna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,830
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Yarborough Edward Heath and Yarborough Gail Jones
Bought by
Boone William R and Boone Edna T

Purchase Details

Closed on
Aug 12, 1985
Bought by
Boone William R
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
Mount Liamuiga Properties Llc $580,000 Mcfarland And Mcfarland Pllc
Mount Liamuica Properties Llc $580,000 None Listed On Document
Pons Peter $421,000 None Available
Boone William R -- None Available
Boone William R $55,000 None Available
Boone William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mount Liamuica Properties Llc $464,000
Previous Owner Pons Peter $296,000
Previous Owner Boone William R $254,830
Previous Owner Boone Edna Tr $265,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $580,000 -0.9% $232 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $585,000 +39.0% $234 / Sq Ft
01/19/2018 01/19/18 Sold $421,000 -7.3% $168 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $454,000 -- $182 / 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 $2,097 $294,732 $27,150 $267,582
2023 $2,038 $294,732 $27,150 $267,582
2022 $1,984 $294,732 $27,150 $267,582
2021 $1,925 $294,732 $27,150 $267,582
2020 $1,457 $203,770 $27,150 $176,620
2019 $1,457 $203,770 $27,150 $176,620
2018 $1,393 $203,770 $27,150 $176,620
2017 $1,311 $223,044 $32,365 $190,679
2016 $1,434 $223,044 $32,365 $190,679
2015 $1,391 $0 $0 $0
2014 $1,347 $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: 3790105

Canopy MLS (Canopy Realtor® Association)

APN: P25-177