161 Melrose Ave
Tryon, NC 28782
1 bd 1 ba 409 sqft Built 1910 condos
Most recent sale
$135,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 11, 2022 | Sold | $135,000 | MLS #3875131 |
| Jun 21, 2022 | Listed | $149,000 | MLS #3875131 |
| Jan 14, 2022 | Sold | $120,000 | MLS #3810882 |
| Dec 4, 2021 | Listed | $149,000 | MLS #3810882 |
| Nov 20, 2019 | Sold | $54,000 | Public Record |
| Oct 13, 2016 | Sold | $40,000 | MLS #3148355 |
| Oct 12, 2016 | Sold | $40,000 | MLS #3148355 |
| Oct 12, 2016 | Listed | $48,000 | MLS #3148355 |
| Jul 30, 2016 | Price changed | $48,000 | MLS #3148355 |
| Mar 8, 2016 | Price changed | $68,000 | MLS #3148355 |
| Feb 16, 2016 | Listed | $75,000 | MLS #3148355 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,135 | — | $149,135 | $718 |
| 2024 | $51,488 | — | $51,488 | $328 |
| 2023 | $51,488 | — | $51,488 | $329 |
| 2022 | $51,488 | — | $51,488 | $313 |
| 2021 | $51,488 | — | $51,488 | $320 |
| 2020 | $40,069 | — | $40,069 | $273 |
| 2019 | $40,069 | — | $40,069 | $273 |
Property facts
Year built
1910
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
409 sqft
Lot size
—
ZIP code
28782
City
Tryon
Street
Melrose Ave
Coordinates
35.20669, -82.24185
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$552
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value
—
Frequently asked questions
When did 161 Melrose Ave last sell?
161 Melrose Ave most recently sold on Jul 11, 2022 for $135,000.
What is the current tax assessment for 161 Melrose Ave?
The most recent total assessment for 161 Melrose Ave (year 2025) is $149,135 with $718 in property tax.
How does 161 Melrose Ave's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $135,000.
When was 161 Melrose Ave built?
161 Melrose Ave was built in 1910.
How does 161 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 161 Melrose Ave?
161 Melrose Ave is a 1 bed, 1 bath, 409 sqft condos.
Is 161 Melrose Ave a flip candidate?
No — 161 Melrose Ave does not appear in our flips dataset.
Is 161 Melrose Ave a tax-appeal candidate?
No — 161 Melrose Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$500.9K
2026 Q4
$503.1K
ZIP 28782 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ave