$2,899,000

1371 Andrews Rd Murphy, NC 28906

Estimated payment $16,264/month

Total Views 16,556
27 Acres
$107,370 Price per Acre
1,176,120 Sq Ft Lot

Highlights

  • Barn
  • No HOA
  • Home fronts a stream
  • 27 Acre Lot
  • Pasture
  • Garage

About This Lot

The property is in the heart of the Murphy retail district and is ideally suited for a mixed use development. Tier 1 has highway frontage on Andrews Road of approximately 500'. Tier 2 is designated for multifamily/apartment use. Tier 3 runs up the ridge to the top offering excellent residential lots with long range views with city convenience. The 27 acres has 3 potential access points enhancing the multiuse concept. Property is zoned Highway Business. Owners will consider subdividing. Harrah's Valley River Hotel and Casino has just completed a $275,000,000 expansion and is very close by. Cherokee County has recently completed a new housing study showing a large demand for housing. Murphy is the financial hub for far western NC.

Listing Agent

Andy Jordan

Re/Max Executive (Mls Only) Brokerage Phone: 8285649393 License #136276 Listed on: 01/15/2023

Re/Max Executive (Mls Only)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,039

Lot Details

  • 27 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Property fronts a state road
  • Subdivision Possible

Parking

  • Garage
  • Open Parking

Location

  • City Lot

Schools

  • Murphy Elementary School
  • Murphy High School

Farming

  • Barn
  • Pasture

Utilities

  • Underground Utilities
  • Spring water is a source of water for the property

Community Details

  • No Home Owners Association
  • Smith Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550303122227000

Property Details

Property Type

Land

Est. Annual Taxes

$3,039

Lot Details

0

Listing Details

  • Property Sub Type: Land,Commercial,Residential
  • Prop. Type: Land
  • Lot Size Acres: 27
  • Road Frontage Type: State Road, Private Road, Community, Developer
  • Road Surface Type: Paved, Paved Road
  • Ownership: More than One Year
  • Subdivision Name: Smith Mountain
  • Directions: From the intersection at Ingles on US 74 take Wells Connector to Andrews Road and the property is directly in front of the Well Connector/Andrews Rd intersection. Look for signs.
  • Garage Yn: Yes
  • Habitable Residence: Yes
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8285649393
  • Special Features: None

Interior Features

  • Possible Use: Residential, Multi-Family, Single Family

Exterior Features

  • Lot Features: Pasture, Will Consider Dividing, City Lot
  • Topography: Hilly/Steep,Level,Rolling
  • View: No
  • Waterfront Features: Branch/Stream
  • Other Structures: Barn(s), Garage(s), House As Is

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved Driveway

Utilities

  • Electric: Overhead Electric
  • Electricity On Property: Yes
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Murphy
  • High School: Murphy

Lot Info

  • Lot Size Sq Ft: 1176120
  • Parcel #: 550303122227000
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3038.65
  • Tax Book Number: 1590

Map

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

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 $1,979 $312,050 $0 $0
2023 $1,979 $312,050 $0 $0
2022 $1,979 $312,050 $0 $0
2021 $0 $312,050 $0 $0
2020 $1,698 $312,050 $0 $0
2019 $1,860 $343,270 $0 $0
2018 $1,860 $343,270 $0 $0
2017 $1,980 $366,360 $0 $0
2016 $1,980 $366,360 $0 $0
2015 $2,047 $366,360 $136,940 $229,420
2012 -- $379,310 $136,940 $242,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 For Sale $2,899,000 0.0% --
01/15/2023 01/15/23 For Sale $2,899,000 -- --
Source: Carolina Smokies Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $364,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,378,700 Construction
Source: Public Records

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26040271

APN: 5503-03-12-2227-000

North Carolina Cherokee County Murphy 28906

1371 Andrews Rd, Murphy, NC

This home is located at 1371 Andrews Rd, Murphy, NC 28906 and is currently priced at $2,899,000. 1371 Andrews Rd is a home located in Cherokee County with nearby schools including Murphy Elementary School, Murphy Middle School, and Murphy High School.

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Andy Jordan
Listing Agent
Andy Jordan
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Re/Max Executive (Mls Only)
(828) 373-2214