NOT LISTED FOR SALE

408 Riverview Rd Tryon, NC 28782

Estimated Value: $589,000 - $1,151,000

4 Beds
2 Baths
2,060 Sq Ft
$460/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $445,000 $216 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,348/month

211 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Cottage
  • Private Lot
  • Wood Flooring
  • Breakfast Bar

About This Home

As of February 2016

Charming Home & Guest House on 12ac along the Pacolet River w/open air pavilion & over 1000' river frontage, mtn. views & complete privacy. Vintage charm, exceptionally well-done renovations in one-of-a-kind setting. Wrap-around screened porch, original wood floors, bead board & knotty pine ceilings/walls, new kitchen w/granite, 4 bdrms, 2 baths & outdoor terraces. Separate guest house w/large deck & entrance terrace. See details in attachments.

Last Agent to Sell the Property

Laura May

Coldwell Banker Advantage License #225765 Listed on: 05/22/2015

Coldwell Banker Advantage

Last Buyer's Agent

Laura May

Coldwell Banker Advantage License #225765 Listed on: 05/22/2015

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Living Quarters
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number P35-45

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.89899
  • Ratio Close Price By Original Li: 0.89899
  • Ratio Current Price By Acre: 37584.46
  • Ratio Current Price By Sq Ft: 216.02
  • Year Built: 1913
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 985
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Fireplace Insert
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Second Living Quarters
  • Room Count: 5
  • Second Living Quarters: Interior Connected
  • Main Level Sq Ft: 1075
  • Total Sq Ft: 2060

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - Heat, Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Waterfront, Private, Rolling, Sloping, Wooded
  • Parcel Number: P35-45
  • Plat Reference Section Pages: 367
  • Zoning Specification: MU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Feb 3, 2016
Sold by
Rasco Scott A and Rasco Joan L
Bought by
Forgerson Tim and Forgerson Pam
Seller's Agent
Laura May
Coldwell Banker Advantage
Buyer's Agent
Laura May
Coldwell Banker Advantage
List Price
$495,000
Sold Price
$445,000
Premium/Discount to List
-$50,000
-10.1%
Current Estimated Value
$948,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,544
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Armstrong Richard Allen and Boski Dawn
Bought by
Rasco Scott A and Rasco Joan L

Purchase Details

Closed on
Dec 31, 1997
Bought by
Rasco Scott A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Forgerson Tim $445,000 None Available
Rasco Scott A $580,000 None Available
Rasco Scott A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $445,000 -10.1% $216 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $495,000 -- $240 / 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 $4,532 $799,721 $173,880 $625,841
2024 $4,351 $611,546 $138,960 $472,586
2023 $3,764 $544,984 $138,960 $406,024
2022 $3,639 $544,984 $138,960 $406,024
2021 $3,501 $544,984 $138,960 $406,024
2020 $3,176 $449,666 $138,960 $310,706
2019 $3,177 $449,666 $138,960 $310,706
2018 $3,066 $449,666 $138,960 $310,706
2017 $2,877 $380,181 $110,960 $269,221
2016 $2,407 $380,181 $110,960 $269,221
2015 $2,334 $0 $0 $0
2014 $2,260 $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: CARNCM585103

Canopy MLS (Canopy Realtor® Association)

APN: P35-45