NOT LISTED FOR SALE

106 Ridge Ln Murphy, NC 28906

Estimated Value: $309,000 - $325,330

2 Beds
2 Baths
1,229 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 106 Ridge Ln, Murphy, NC 28906 and is currently estimated at $317,833, approximately $258 per square foot. 106 Ridge Ln is a home located in Cherokee County with nearby schools including Murphy Elementary School, Murphy Middle School, and Murphy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Lowe Marvin E
Bought by
Ve Away Rentals Llc
Current Estimated Value
$317,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,206
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2019
Sold by
Shumate Thomas E and Shumate Audrey A
Bought by
Lowe Marvin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Melnyk James J and Melnyk Deborah A
Bought by
Shumate Thomas E and Shumate Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Ve Away Rentals Llc $279,000 --
Lowe Marvin E $160,000 None Available
Shumate Thomas E $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ve Away Rentals Llc $199,206
Previous Owner Lowe Marvin E $127,920
Previous Owner Shumate Thomas E $106,500
Previous Owner Shumate Thomas E $118,000
Source: Public Records

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 $1,228 $162,680 $0 $0
2023 -- $162,680 $0 $0
2022 $0 $159,240 $0 $0
2021 $1,018 $159,240 $21,000 $138,240
2020 $954 $159,240 $0 $0
2019 $875 $129,300 $0 $0
2018 $875 $129,300 $0 $0
2017 $875 $129,300 $0 $0
2016 $875 $129,300 $0 $0
2015 $875 $129,300 $22,000 $107,300
2012 -- $129,300 $22,000 $107,300
Source: Public Records

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