NOT LISTED FOR SALE

Lot 401 (1.65 ac) Mountain Lakes Dr Tryon, NC 28782

Estimated Value: $317,000

1.65 Acres
$192,121 Price per Acre
71,874 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $13,000

Est. 2,338% increase in value since last sale

Current estimated payment $1,755/month

532 Days on Market

Highlights

  • Access To Lake
  • 1.65 Acre Lot
  • Wooded Lot

About This Lot

As of October 2023

Welcome to Melrose Mountain - a wonderful, gated community on top of Melrose Mtn. in Tryon, NC. This is a great place to build your dream home or cabin to just "get away from it all". Enjoy year-round views, outdoor living, wildlife, & many community amenities!! Some building restrictions apply - such as 1000 Square Foot minimum - but the community offers road maintenance, community water, and recreational amenities! There are 2 separate lakes for you & your guests to enjoy: one for fishing & one for swimming, with its own beach. When you build, there is a Water tap & a Road tap Fee of $4000. As of right now (4/28/22) no short-term rentals are allowed. Columbus or Landrum / Hospital, Shopping, Dining, I-26, are about 15 mins away. Asheville & Greenville are approx 60 mins away. Charlotte is approx 90 mins away.

Last Agent to Sell the Property

Jeremy Wood

SC NC Realty License #274782 Listed on: 04/27/2022

Last Buyer's Agent

Donald Newell

David Hoffman Realty License #189941

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $103

Lot Details

  • 1.65 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned MX

HOA Fees

  • $70 Monthly HOA Fees

Basement

  • Crawl Space

Schools

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

Utilities

  • Community Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number P25-165
  • Tax Block 156

Community Details

Overview

  • Bill Klerk Association, Phone Number (828) 859-6577
  • Melrose Mtn Subdivision
  • Mandatory home owners association

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$103

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Possible Use: Residential
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • Construction Type: Site Built
  • Waterfront Features: Other - See Remarks
  • Waterfront Elevation: 1500
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 420
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Bill Klerk
  • Phone: 828-859-6577
  • Association: Yes
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 840.00

Schools

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

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Area: 1.65
  • Lot Size Units: Acres
  • Parcel Number: P25-165
  • Plat Book Slide: A106
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.65
  • Lot Size Sq Ft: 71874
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MX

Tax Info

  • Tax Block: 156

MLS Schools

  • Elementary School: Tryon
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Oct 17, 2023
Sold by
Rivard Craig
Bought by
Martin Todd C and Smith Lisa C
Seller's Agent
Jeremy Wood
SC NC Realty
Buyer's Agent
Donald Newell
David Hoffman Realty
List Price
$15,000
Sold Price
$13,000
Premium/Discount to List
-$2,000
-13.33%
Views
140
Current Estimated Value
$317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,000
Avg. Annual Appreciation
401.84%

Purchase Details

Closed on
Dec 31, 1997
Bought by
Campbell Craig and Campbell Campbell
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
Martin Todd C $13,000 None Listed On Document
Martin Todd C $13,000 None Listed On Document
Campbell Craig -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $13,000 0.0% --
09/21/2023 09/21/23 Price Changed $13,000 -3.7% --
04/27/2023 04/27/23 Price Changed $13,500 -10.0% --
04/27/2022 04/27/22 For Sale $15,000 -- --
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 $103 $18,250 $18,250 $0
2024 $94 $13,250 $13,250 $0
2023 $92 $13,250 $13,250 $0
2022 $88 $13,250 $13,250 $0
2021 $85 $13,250 $13,250 $0
2020 $92 $13,250 $13,250 $0
2019 $92 $13,250 $13,250 $0
2018 $88 $13,250 $13,250 $0
2017 $83 $15,575 $15,575 $0
2016 $98 $15,575 $15,575 $0
2015 $95 $0 $0 $0
2014 -- $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: 3854330

Canopy MLS (Canopy Realtor® Association)

APN: P25-165