NOT LISTED FOR SALE

388 Summit Rd Tryon, NC 28782

Estimated Value: $314,090 - $448,000

3 Beds
2 Baths
1,856 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $197,000 $106 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,446/month

767 Days on Market

Highlights

  • Wood Flooring
  • Circular Driveway
  • Level Lot
  • Cottage
  • Many Trees

About This Home

As of October 2018

This cute little cottage boasts one of the best western mountain views on Melrose Mountain. If you have been looking for a mountain sunset then you have found the right place. Just grab a chair on the 36 foot long back deck and enjoy. The cottage features a nicely sized living rm w/ a beamed, vaulted ceiling and a eat-in kitchen w/ gorgeous piedmont views. The lower level has a bedroom, bath, family room, office & a flex space. Melrose Mtn amenities include 2 lakes, fitness room, trails & more.

Last Listed By

Jeff Miller

Coldwell Banker Advantage License #166025 Listed on: 08/10/2016

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cottage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number P25-226
  • Tax Block 102

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91628
  • Ratio Close Price By Original Li: 0.84549
  • Ratio Current Price By Acre: 140714.29
  • Ratio Current Price By Sq Ft: 106.14
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Woodstove
  • Flooring: Tile, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 928
  • Main Level Sq Ft: 928
  • Total Sq Ft: 1856

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Community Well, Spring
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 420.00
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Long Range View, Mountain View, Sloping, Trees, Year Round View
  • Lot Size Area: 1.400
  • Parcel Number: P25-226
  • Plat Book Slide: A92
  • Plat Reference Section Pages: 1795
  • Zoning: Residential
  • Zoning Specification: MU

Tax Info

  • Tax Value: 164212.00
  • Tax Amount Ncm: 748.00
  • Tax Block: 102
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 25, 2018
Sold by
Mitchem Robert J and Mitchem John R
Bought by
Still Janet H and Still Robert W
Seller's Agent
Jeff Miller
Coldwell Banker Advantage
Buyer's Agent
Myrna Viehman
Tryon Foothills Realty
List Price
$233,000
Sold Price
$197,000
Premium/Discount to List
-$36,000
-15.45%
Total Days on Market
767
Current Estimated Value
$406,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,773
Avg. Annual Appreciation
11.74%
Original Mortgage
$157,600
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Bought by
Mitchem John R Trustee

Purchase Details

Closed on
Jul 23, 2002
Bought by
Mitchem John R Trustee

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Tryon, NC

  • 33 Valhalla Dr, Tryon, NC 28782

    $315,000

    • 2 Beds
    • 1 Bath
    • 923 Sq Ft
    • 33 Valhalla Dr
    • Tryon, NC

    Tastefully Updated Cottage with Mountain View. Set in the scenic foothills just outside Tryon, this inviting cottage offers the perfect balance of charm and modern comfort. Thoughtfully updated, the open living area features a vaulted ceiling and a warm, built-in wood stove creating a welcoming space to relax or gather with friends. The new kitchen features quartz countertops, eye-catching tile

    Janice Blackwell Coldwell Banker Advantage

    Section Image
  • 3016 Us 176 Hwy, Tryon, NC 28782

    $329,000

    • 3 Beds
    • 2 Baths
    • 1,571 Sq Ft
    • 3016 Us 176 Hwy
    • Tryon, NC

    BOM due to no fault of seller. Move-in ready in great location just minutes from downtown Tryon & Harmon Field with easy access to I-26 in Columbus. 3BR/2BA with many updates including windows. Original wood floors throughout with LR having newer laminate flooring, gas log fireplace and built ins. New tile flooring in baths & kitchen. The large open eat-in KIT has updated countertops, tile

    Sherri Tucker Weichert Realtors Mountain Executives

    Section Image
  • 432 Dogwood Trail, Tryon, NC 28782

    $456,500

    • 3 Beds
    • 2 Baths
    • 1,782 Sq Ft
    • 432 Dogwood Trail
    • Tryon, NC

    Immaculate cottage on one of the highest streets in Gillette Woods, Tryon's premiere neighborhood. Extensive list of updates. Winter mountain views, and all the privacy of the wooded mountain slopes all around and the quiet cut-de-sac street.

    Jeff Byrd Walker Wallace and Emerson Realty

    Section Image
  • 320 Hillswick Rd, Tryon, NC 28782

    $385,000

    • 3 Beds
    • 3 Baths
    • 2,117 Sq Ft
    • 320 Hillswick Rd
    • Tryon, NC

    Tucked away in the peaceful and desirable Gillette Woods neighborhood, this distinctive 3BR, 3BA home offers incredible potential. Set on over 2 acres this property presents a rare opportunity to create your dream home in a quiet, tranquil setting. The home features a unique octagonal design with an open-concept living area filled with natural light from numerous windows and doors that lead to

    Janice Blackwell Coldwell Banker Advantage

    Section Image
  • 211 Warrior Mountain Rd, Tryon, NC 28782

    $435,000

    • 4 Beds
    • 3 Baths
    • 1,792 Sq Ft
    • 211 Warrior Mountain Rd
    • Tryon, NC

    Enjoy a peaceful Tryon neighborhood in this 3 BR, 2 BA home with separate 1 BR, 1 BA cottage on 1.23 acres. Enter a gracious living room through pretty French doors. Spacious, updated eat-in kitchen offers granite counter tops, new stainless steel appliances and ample cabinets. Generous primary bedroom with private deck, features walk-in closet and fireplace. Remodeled main bathroom with double

    Stephen Duncan Allen Tate/Beverly-Hanks Asheville-Downtown

    Section Image
  • 373 Vineyard Rd, Tryon, NC 28782

    $490,000

    • 3 Beds
    • 2 Baths
    • 2,329 Sq Ft
    • 373 Vineyard Rd
    • Tryon, NC

    Just minutes from downtown Tryon, this unrestricted home wrapped in rough-hewn timber blends rustic soulwith stylish updates. A soaring great room anchored by a massive wood-burning stone fireplace sets thetone for the warm, inviting interior. The kitchen has been completely transformed with new butcher blockcounters, sleek stainless appliances, and custom cabinetry. Wood-styled porcelain tile

    Daniel Hardin Allen Tate/Beverly-Hanks Hendersonville

    Section Image
  • 81 Jericho Dr, Tryon, NC 28782

    $449,999

    • 3 Beds
    • 3 Baths
    • 2,341 Sq Ft
    • 81 Jericho Dr
    • Tryon, NC

    Beautifully renovated ranch home moments to DT Tryon—move-in ready & full of updates! 3-bdrm, 3-bthrm, 2 L/R/Dens, newer roof, updated plumbing & electrical systems, +HVAC! The spacious kitchen boasts granite countertops & stainless steel, & the elegant dining rm w/wainscoting can easily open to the living or serve as a bar space. Looking to explore the arts or your creative music side? The

    Erika Bradley Century 21 Mountain Lifestyles/S. Hend

    Section Image
  • 1020 Vineyard Rd, Tryon, NC 28782

    $335,000

    • 3 Beds
    • 3 Baths
    • 1,361 Sq Ft
    • 1020 Vineyard Rd
    • Tryon, NC

    Calling all dreamers—this well-loved home is bursting with potential and ready for a fresh start! Completely livable as is, while you do updates to make it your own. Tucked away in the trees just 2 miles from downtown Tryon’s charming shops, dining, and culture, this elevated ranch offers privacy and convenience. The main level features soaring cathedral ceilings, a dramatic floor-to-ceiling

    Marie Reed Keller Williams Professionals

    Section Image
  • 179 Grady Ave, Tryon, NC 28782

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,453 Sq Ft
    • 179 Grady Ave
    • Tryon, NC

    Step into this inviting 3-bedroom, 2-bath home, perfectly situated in the heart of downtown Tryon. Nestled in a quiet and established neighborhood, this thoughtfully updated property offers the ideal blend of comfort, convenience, and charm—just minutes from local shops, dining, and cultural attractions. Inside, you'll find a bright and open layout featuring hardwood floors, and tastefully

    Anna Grace Ivester Jackson Blackstream

    Section Image

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
Still Janet H $197,000 --
Mitchem John R Trustee -- --
Mitchem John R Trustee $107,000 --
Mitchem John R Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Still Janet Harris $155,500
Closed Still Janet H $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $197,000 -8.4% $106 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $215,000 -7.7% $116 / Sq Ft
08/10/2016 08/10/16 For Sale $233,000 -- $126 / 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 $1,447 $203,433 $21,000 $182,433
2023 $1,407 $203,433 $21,000 $182,433
2022 $1,381 $203,433 $21,000 $182,433
2021 $1,340 $203,433 $21,000 $182,433
2020 $1,181 $164,212 $21,000 $143,212
2019 $1,181 $164,212 $21,000 $143,212
2018 $1,129 $164,212 $21,000 $143,212
2017 $1,063 $116,838 $20,200 $96,638
2016 $768 $116,838 $20,200 $96,638
2015 $745 $0 $0 $0
2014 $722 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3205618

Canopy MLS (Canopy Realtor® Association)

APN: P25-226