NOT LISTED FOR SALE

575 Melrose Mountain Rd Unit 618 Tryon, NC 28782

Estimated Value: $503,493 - $613,000

4 Beds
2.5 Baths
2,606 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $335,000 $129 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,289/month

31 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Private Lot
  • Open Floorplan
  • Clubhouse
  • Arts and Crafts Architecture

About This Home

As of July 2017

Quality craftsmanship abounds in this mountain home with long range views! This ideal spot has privacy, peace & quiet in a natural wooded setting with flat & fenced yard. Home has open kitchen/dining room w/cathedral cedar beam ceiling, main level master BR, 3BR's & office on 2nd level, bsmt w/bonus Rm.& workshop. Covered porches, deck invites the outdoors in. Total sq ft under roof is 3211. Enjoy long range views & starry nights. Walk to the lake for swimming. Secluded, yet minutes to Tryon.

Last Agent to Sell the Property

Amy Wood

Looking Glass Realty, Saluda License #220100 Listed on: 04/13/2017

Last Buyer's Agent

Lane Robbat

Ivester Jackson Blackstream License #198662

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1.5

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Private Lot
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number P25-21
  • Tax Block 514

Community Details

Overview

  • David Swain Association
  • Community Lake

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$70 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.95714
  • Ratio Close Price By Original Li: 0.95714
  • Ratio Current Price By Acre: 223333.33
  • Ratio Current Price By Sq Ft: 128.55
  • Year Built: 1987
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 962
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Disposal, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Gas Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Basement Shop, Cathedral Ceiling(s), Open Floorplan, Pantry, Skylight(s), Window Treatments
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 423
  • Main Level Sq Ft: 1221
  • Total Sq Ft: 2606
  • Sq Ft Unheated Basement: 605
  • Sq Ft Unheated Total: 605

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake
  • Association Fee: 420.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: David Swain
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Long Range View, Private, Year Round View
  • Lot Size Area: 1.500
  • Parcel Number: P25-21
  • Plat Book Slide: B
  • Plat Reference Section Pages: 248
  • Zoning: Residential
  • Zoning Specification: MU

Tax Info

  • Tax Value: 245088.00
  • Tax Amount Ncm: 1589.00
  • Tax Block: 514
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 7, 2017
Sold by
Foster Clark R and Foster David B
Bought by
Brown David E
Seller's Agent
Amy Wood
Looking Glass Realty, Saluda
Buyer's Agent
Lane Robbat
Ivester Jackson Blackstream
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Current Estimated Value
$552,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,123
Avg. Annual Appreciation
6.12%
Original Mortgage
$301,500
Outstanding Balance
$211,338
Interest Rate
3.89%
Mortgage Type
Closed End Mortgage
Estimated Equity
$328,209

Purchase Details

Listed on
Oct 14, 2015
Closed on
Mar 1, 2016
Sold by
Bryant Charlotte G
Bought by
Neal Clark R and Foster David B
Seller's Agent
Jean Skelcy
Coldwell Banker Advantage
Buyer's Agent
Amy Wood
Looking Glass Realty, Saluda
List Price
$275,000
Sold Price
$249,000
Premium/Discount to List
-$26,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%
Original Mortgage
$199,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2000
Bought by
Bryant Charlotte G

Purchase Details

Closed on
Dec 31, 1997
Bought by
Bryant Charlotte G
Source: Public Records

Range of Values:

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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
Brown David E $670 None Available
Neal Clark R $249,000 None Available
Bryant Charlotte G $267,000 --
Bryant Charlotte G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown David E $301,500
Previous Owner Neal Clark R $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $335,000 -4.3% $129 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $350,000 +40.6% $134 / Sq Ft
03/11/2016 03/11/16 Sold $249,000 -9.5% $79 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $275,000 -- $88 / 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 $2,041 $286,904 $25,100 $261,804
2023 $2,019 $286,904 $25,100 $261,804
2022 $1,933 $286,904 $25,100 $261,804
2021 $1,875 $286,904 $25,100 $261,804
2020 $1,762 $247,456 $25,100 $222,356
2019 $1,762 $247,456 $25,100 $222,356
2018 $1,683 $247,356 $25,000 $222,356
2017 $1,584 $245,088 $20,750 $224,338
2016 $1,557 $245,088 $20,750 $224,338
2015 $1,525 $0 $0 $0
2014 $1,477 $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: CAR3267601

Canopy MLS (Canopy Realtor® Association)

APN: P25-21