NOT LISTED FOR SALE

386 Melrose Ave Tryon, NC 28782

Estimated Value: $442,464 - $517,000

3 Beds
2.5 Baths
1,820 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $319,500 $176 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,759/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Wood Burning Fireplace
  • Corner Lot
  • High Speed Internet

About This Home

As of October 2020

Classic Tryon Mountain Cottage with extensive stonework and charming features - plus you can walk to downtown! Offered with 2 adjacent building lots that can be divided off and sold, or enjoy having almost an acre of land for privacy and pets. 3 BR, 2 BA home with newly refinished hardwood floors, renovated cottage style kitchen, breakfast room, family room, wood burning fireplace in the living room and a large walkout basement that includes a home office space with its own entrance. Private back yard. City water and sewer. Homes in this neighborhood are going under contract in less than a week - come see it before it is gone!

Last Agent to Sell the Property

Linda Tinkler

Town & Country Realty of the Carolinas License #279635 Listed on: 08/29/2020

Last Buyer's Agent

Jeff Byrd

Walker Wallace and Emerson Realty License #284170

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • Corner Lot

Home Design

  • Cottage
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace

Flooring

  • Wood
  • Linoleum
  • Tile
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number T14-C8

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0.87 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00472
  • Ratio Close Price By Original Li: 1.00472
  • Ratio Current Price By Acre: 367241.38
  • Ratio Current Price By Sq Ft: 175.55
  • Year Built: 1966
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Gas Range, Propane, Refrigerator
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Linoleum, Tile, Vinyl, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 1820
  • Total Sq Ft: 1820
  • Sq Ft Unheated Basement: 1000
  • Sq Ft Unheated Total: 1000

Exterior Features

  • Construction: Shingle, Stone, Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: T14-C8
  • Zoning Specification: R-4

Tax Info

  • Tax Value: 245750.00
  • Tax Location: Tryon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 2, 2020
Sold by
Maass Harold W and Maass Margaret A
Bought by
Lane Chele
Seller's Agent
Linda Tinkler
Town & Country Realty of the Carolinas
Buyer's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
List Price
$318,000
Sold Price
$319,500
Premium/Discount to List
$1,500
0.47%
Current Estimated Value
$486,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,616
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 30, 2020
Sold by
Maass Harold W and Curtis Margaret A
Bought by
Lane Chele
Seller's Agent
Linda Tinkler
Town & Country Realty of the Carolinas
Buyer's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
List Price
$318,000
Sold Price
$319,500
Premium/Discount to List
$1,500
0.47%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Claxton Lisa R and Edlund Chris A
Bought by
Maass Harold W and Curtis Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Mandeville Christopher Adams and Mandeville Claire Ann
Bought by
Claxton Lisa R and Edlund Chris A

Purchase Details

Closed on
Feb 6, 2003
Bought by
Maass Harold W

Purchase Details

Closed on
Dec 31, 1997
Bought by
Maass Harold W
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
Lane Chele $319,500 --
Lane Chele $319,500 None Listed On Document
Lane Chele $319,500 None Available
Maass Harold W $234,000 None Available
Claxton Lisa R $185,000 None Available
Maass Harold W $147,500 --
Maass Harold W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maass Harold W $187,600
Closed Claxton Lisa R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $319,500 +0.5% $176 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $318,000 -- $175 / 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 $1,944 $420,050 $56,550 $363,500
2024 $1,870 $320,859 $43,500 $277,359
2023 $1,873 $320,859 $43,500 $277,359
2022 $1,772 $320,859 $43,500 $277,359
2021 $1,809 $320,859 $43,500 $277,359
2020 $1,135 $184,991 $43,500 $141,491
2019 $1,135 $184,991 $43,500 $141,491
2018 $1,076 $184,991 $43,500 $141,491
2017 $1,076 $209,204 $43,500 $165,704
2016 $1,208 $209,204 $43,500 $165,704
2015 $1,167 $0 $0 $0
2014 $1,167 $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: CAR3654424

Canopy MLS (Canopy Realtor® Association)

APN: T14-C8

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