NOT LISTED FOR SALE

56 Wells Ln Tryon, NC 28782

Estimated Value: $428,578 - $498,000

2 Beds
2.5 Baths
2,271 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $400,000 $176 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,673/month

102 Days on Market

Highlights

  • Hilly Lot
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Ranch Style House
  • Screened Porch

About This Home

As of September 2024

Enjoy one-level living--no stairs!--on beautiful Warrior Mountain, nestled into the woods, with complete privacy, on a 1.6 acre property bordering a large, 115-acre tract under conservation easement—all an easy drive and within minutes of downtown Tryon, Saluda, Landrum and Columbus. The rooms are large and all have picture windows looking out over the beautiful, wooded property. The den could be converted to a third bedroom. The home features hardwood floors throughout, a wood-paneled den, and a screen porch addition off the back to enjoy the comfortable weather. There is plenty of turn-around space and extra parking in the large driveway, and an electric vehicle charger is already installed in the attached garage. The house uses well water, at zero monthly cost, but public water is also available if you prefer. The interior was recently painted, the roof is 10 years old, and the heat pump is just five years old. There is a large, stand-up crawl space and two water heaters.

Last Agent to Sell the Property

Jeff Byrd

Walker Wallace and Emerson Realty Brokerage Email: Jeff@JeffByrdTryon.com License #284170 Listed on: 04/17/2024

Last Buyer's Agent

Debbi Merker

Century 21 Connected License #284192

Century 21 Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Front Green Space
  • Private Lot
  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned RE 1

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • John Smith Association, Phone Number (828) 859-6021
  • Brookwood Acres Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number P34-23

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1978
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.13
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: Jeff@JeffByrdTryon.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2271
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 656
  • Sq Ft Unheated Total: 656
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Exhaust Hood, Refrigerator, Washer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2271
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Vented, Living Room
  • Living Area: 2271
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump
  • Utilities: Propane
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: John Smith
  • Phone: 828-859-6021
  • ResoAssociationFeeFrequency: Annually
  • Association Email: jstryon@windstream.net

Association/Amenities

  • Association Annual Expense: 250.00

Schools

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

Lot Info

  • Lot Features: Green Area, Hilly, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: P34-23
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RE 1

MLS Schools

  • Elementary School: Tryon
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Aug 23, 2024
Sold by
Current Frederick D
Bought by
Murphy Madeline T
Seller's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
Buyer's Agent
Debbi Merker
Century 21 Connected
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
159
Current Estimated Value
$473,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,645
Avg. Annual Appreciation
12.93%
Original Mortgage
$320,000
Outstanding Balance
$316,295
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$157,350

Purchase Details

Closed on
Aug 30, 1998
Bought by
Current Frederick D

Purchase Details

Closed on
Mar 30, 1998
Bought by
Current Frederick D

Purchase Details

Closed on
Dec 31, 1997
Bought by
Current Frederick D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murphy Madeline T $400,000 None Listed On Document
Murphy Madeline T $400,000 None Listed On Document
Current Frederick D $182,000 --
Current Frederick D $180,500 --
Current Frederick D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Madeline T $320,000
Closed Murphy Madeline T $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $400,000 -11.1% $176 / Sq Ft
06/28/2024 06/28/24 Price Changed $450,000 -8.2% $198 / Sq Ft
05/25/2024 05/25/24 For Sale $490,000 +22.5% $216 / Sq Ft
05/01/2024 05/01/24 Off Market $400,000 -- --
04/17/2024 04/17/24 For Sale $490,000 -- $216 / 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 $2,301 $406,044 $56,300 $349,744
2024 $1,618 $227,410 $33,410 $194,000
2023 $1,572 $227,410 $33,410 $194,000
2022 $1,539 $227,410 $33,410 $194,000
2021 $1,494 $227,410 $33,410 $194,000
2020 $1,297 $180,828 $33,410 $147,418
2019 $1,297 $180,828 $33,410 $147,418
2018 $1,240 $180,828 $33,410 $147,418
2017 $1,168 $202,523 $33,410 $169,113
2016 $1,306 $202,523 $33,410 $169,113
2015 $1,266 $0 $0 $0
2014 $1,226 $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: 4129411

Canopy MLS (Canopy Realtor® Association)

APN: P34-23