NOT LISTED FOR SALE

545 Summit Rd Tryon, NC 28782

Estimated Value: $381,450 - $587,000

3 Beds
3.5 Baths
3,264 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $580,000 $178 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,134/month

12 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Post and Beam
  • Deck
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of January 2022

Spectacular year round mountain views and lake access from this immaculate private home in the gated Melrose Mountain community. Three parcels with 2.89 +/- acres. Only 15+/- minutes from downtown Tryon and 25 +/- minutes from the Tryon International Equestrian Center. This home offers an open floor plan with beautiful wood floors, stone fireplace and high ceilings in the living room, a formal dining area, 3 bedrooms, 3.5 baths, plus a bonus room, walk-in closet. Large open family room downstairs and a workshop area. Expansive decking to take in the incredible views of Big & Little Warrior Mountain and also the Buck Mountains.

Last Agent to Sell the Property

Kim Cheatham

Allen Tate/Beverly-Hanks Hendersonville License #200884 Listed on: 11/23/2021

Allen Tate/Beverly-Hanks Hendersonville

Last Buyer's Agent

Brian Tessener

Market Avenue Real Estate License #301955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1992

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as MX

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Post and Beam
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Propane Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Community Well
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Deck

Community Details

  • Melrose Poa, Phone Number (828) 859-5051
  • Melrose Mtn Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number P25-200, P25-201, P25-219
  • Tax Block I/III

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,549

Year Built

Built in 1992

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Post and Beam
  • Year Built: 1992
  • Ratio Current Price By Acre: 200692.04
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Block
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Basement Shop, Cathedral Ceiling(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1663
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Front
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1601
  • Fireplace Features: Gas Log, Living Room, Propane
  • Living Area: 3264
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Boat Slip – Community
  • Waterfront Elevation: 2000
  • Construction Type: Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump, Propane
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 910
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: MELROSE POA
  • Phone: 828-859-5051
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

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

Lot Info

  • Lot Features: Level, Long Range View, Mountain View, Private, Sloped, Wooded, Views, Wooded, Year Round View
  • Lot Size Area: 2.89
  • Lot Size Units: Acres
  • Parcel Number: P25-200, P25-201, P25-219
  • Plat Book Slide: 6/102
  • Zoning Description: MX

Tax Info

  • Tax Block: I/III
  • RATIO List Price By Tax Amount: 2.38085

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Tryon
  • High School: Polk

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $580,000 -0.9% $178 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $585,000 -- $179 / 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 $1,549 $217,736 $12,700 $205,036
2023 $1,505 $217,736 $12,700 $205,036
2021 $1,446 $217,736 $12,700 $205,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3808546

Canopy MLS (Canopy Realtor® Association)

APN: P25-200