M
Seller's Agent in 2025
Mark Edwards
Department Of Veterans Affairs
(828) 361-3468
22 in this area
31 Total Sales
261 Cherry St Murphy, NC 28906
Estimated Value: $659,678 - $879,000
3
Beds
3
Baths
1,746
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Wooded Lot
- 1-Story Property
- No Heating
About This Home
As of July 2025This property, located within the city limits, presents an intriguing opportunity for a cash buyer. Situated within walking distance to the town center, this fixer-upper could be transformed into a valuable rental property with two distinct units. The main house and basement efficiency, each with its own entrance, offer the potential for two separate living quarters. The water, sewer, and electric utilities are already metered for the two residences, streamlining the process for a prospective investor. Being sold AS IS.
Last Agent to Sell the Property
Department Of Veterans Affairs License #89646 Listed on: 06/25/2025
Last Buyer's Agent
Allison Ralph
Old Town Brokers
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 12,197 Sq Ft Lot
- Wooded Lot
Parking
- No Garage
Home Design
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,746 Sq Ft Home
- 1-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Murphy Elementary School
- Murphy Middle School
- Murphy High School
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Assessor Parcel Number 45925635936000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2013
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,925
Outstanding Balance
$317,887
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$435,006
Purchase Details
Closed on
Jan 1, 2013
Bought by
Purchase Details
Closed on
Dec 22, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $540,500 | -- | ||
| $49,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $447,925 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $155,000 | 0.0% | $89 / Sq Ft |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $155,000 | -- | $89 / Sq Ft |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,438 | $472,910 | $0 | $0 |
| 2024 | $3,438 | $472,910 | $0 | $0 |
| 2023 | $3,428 | $472,910 | $0 | $0 |
| 2022 | $3,428 | $472,910 | $0 | $0 |
| 2021 | $2,875 | $472,910 | $20,000 | $452,910 |
| 2020 | $2,685 | $472,910 | $0 | $0 |
| 2019 | $2,688 | $422,130 | $0 | $0 |
| 2018 | $2,688 | $422,130 | $0 | $0 |
| 2017 | $2,724 | $427,920 | $0 | $0 |
| 2016 | $2,724 | $427,920 | $0 | $0 |
| 2015 | $2,724 | $427,920 | $33,650 | $394,270 |
| 2012 | -- | $308,830 | $33,650 | $275,180 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Edwards
-
A
Buyer's Agent in 2025
Allison Ralph
Old Town Brokers
Map
Source: Hive MLS
MLS Number: 98534714
APN: 4592-05-17-6753-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC
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