NOT LISTED FOR SALE

75 Lanier St Tryon, NC 28782

Estimated Value: $338,000 - $395,000

5 Beds
4 Baths
2,448 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $160,000 $65 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,976/month

271 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Level Lot

About This Home

As of September 2018

Investors take note...Reduced price! The Tryon area has more demand for long-term rentals than supply. This 4 unit complex would be a great opportunity to offer those needing a rental, however the sellers are just too busy with careers to continue being landlords...currently they just have caretakers living in unit 1. They have decided to let the units empty so they can do some repairs, and allow for quick showings. This charming home sits on .48 ac in a great location within walking distance to Historic Downtown Tryon! Natural gas furnace is ~8 years old, some new windows in 2002. Separate power meters for each unit. Current owners include water, sewer, trash pick-up, exterior maintenance and hot water with the rent. Window units for A/C...though you could easily convert to central air, if desired. Check it out today!

Last Agent to Sell the Property

Cindy Viehman

Tryon Foothills Realty License #224319 Listed on: 11/06/2017

Last Buyer's Agent

Andrea Duke

Fathom Realty NC LLC License #293060

Fathom Realty NC LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.48

Home Design

  • Traditional Architecture

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Shared Driveway

Additional Features

  • 4 Full Bathrooms
  • Level Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable, electricity
  • Rent includes exterior maintenance, garbage pick-up, gas, sewer, water
  • Assessor Parcel Number T11-E4

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.82051
  • Ratio Close Price By Original Li: 0.76190
  • Ratio Current Price By Acre: 333333.33
  • Ratio Current Price By Sq Ft: 65.36
  • Year Built: 1910
  • Property Features: Cable Available, Porch/Patio, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Block
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Kitchen
  • Total Sq Ft: 2448

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt, Concrete, Gravel, Shared
  • Parking: Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Gas Floor Furnace, Natural Gas, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Lot Info

  • Lot Features: Level, Paved Frontage
  • Parcel Number: T11-E4
  • Plat Book Slide: A301-421
  • Plat Reference Section Pages: 502
  • Zoning: Residential
  • Zoning Specification: R-4

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up, Gas, Sewer, Water
  • Tenant Pays: Cable, Electricity

Tax Info

  • Tax Value: 163040.00
  • Tax Amount Ncm: 1847.00
  • Tax Location: Polk

Multi Family

  • Unit Count: 5
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Sabo Dean W and Sabo Theresa M
Bought by
Egh Investments Llc
Current Estimated Value
$360,384

Purchase Details

Listed on
Nov 6, 2017
Closed on
Sep 24, 2018
Sold by
Carruth Michael L and Carruth Marianne D
Bought by
Egh Investments Llc
Seller's Agent
Cindy Viehman
Tryon Foothills Realty
Buyer's Agent
Andrea Duke
Fathom Realty NC LLC
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%

Purchase Details

Closed on
Jun 12, 2003
Bought by
Carruth Michael L

Purchase Details

Closed on
Feb 8, 2002
Bought by
Carruth Michael L

Purchase Details

Closed on
Jan 3, 2000
Bought by
Carruth Michael L

Purchase Details

Closed on
Dec 31, 1997
Bought by
Carruth Michael L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Egh Investments Llc $13,500 None Listed On Document
Egh Investments Llc $160,000 --
Carruth Michael L $112,000 --
Carruth Michael L $85,000 --
Carruth Michael L -- --
Carruth Michael L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $160,000 -17.9% $65 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $195,000 0.0% $80 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $195,000 -7.1% $80 / Sq Ft
11/06/2017 11/06/17 For Sale $210,000 -- $86 / 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 $1,054 $227,749 $26,400 $201,349
2024 $990 $169,826 $19,200 $150,626
2023 $973 $169,826 $19,200 $150,626
2022 $974 $169,826 $19,200 $150,626
2021 $974 $169,826 $19,200 $150,626
2020 $992 $161,040 $19,200 $141,840
2019 $992 $161,040 $19,200 $141,840
2018 $953 $163,040 $21,200 $141,840
2017 $953 $172,740 $21,200 $151,540
2016 $1,003 $172,740 $21,200 $151,540
2015 $970 $0 $0 $0
2014 $970 $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: CAR3334645

Canopy MLS (Canopy Realtor® Association)

APN: T11-E4