NOT LISTED FOR SALE

40 Mountain Laurel Rd Murphy, NC 28906

Estimated Value: $261,000 - $297,613

2 Beds
2 Baths
1,040 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $259,900 $250 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,610/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • 2.01 Acre Lot
  • Ranch Style House
  • 1 Fireplace

About This Home

As of July 2023

Location, Location, Location: 2 bedroom/2 full bath plus office area all one level cabin located just minutes from not only downtown Murphy NC but also from the John C Campbell Folk School, Tri County Community College and Erlanger Hospital, freshly painted with a lovely covered porch overlooking the level, fenced in backyard and view. Wood floors and ceilings are the perfect accent to the stone wood burning fireplace, 2 car carport, workshop space, nice big storage shed and right off of a paved state maintained road

Last Agent to Sell the Property

Michelle Spies

Carolina Mountain Homes Brokerage Phone: 8288377322 License #0 Listed on: 06/12/2023

Carolina Mountain Homes

Last Buyer's Agent

Valori Cassel

BIG Realty!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 2.01 Acre Lot
  • Fenced
  • Garden

Property Views

  • Woods
  • Mountain
  • Seasonal

Home Design

  • Ranch Style House
  • Cabin
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Open Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Beaver Ridge Subdivision

Listing and Financial Details

  • Tax Lot 14-15
  • Assessor Parcel Number 551103040660000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 2.01
  • Road Surface Type: Gravel
  • Subdivision Name: Beaver Ridge
  • Architectural Style: Ranch, Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Sheetrock, Wood
  • Living Area: 1040
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Seasonal, Trees/Woods
  • Fencing: Fenced
  • Topography: Wooded,Level,Sloping
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Carport, Detached, Gravel

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Murphy

Lot Info

  • Lot Size Sq Ft: 87555.6
  • Parcel #: 551103040660000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 14-15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 27, 2023
Sold by
Terhune Robin E and Terhune Sandra L
Bought by
Nilan Mary Robin and Nilan Taylor Lane
Seller's Agent
Michelle Spies
Carolina Mountain Homes
Buyer's Agent
Valori Cassel
BIG Realty!
List Price
$259,900
Sold Price
$259,900
Views
130
Current Estimated Value
$286,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,753
Avg. Annual Appreciation
4.22%
Original Mortgage
$252,103
Outstanding Balance
$245,977
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$40,676

Purchase Details

Closed on
Feb 5, 2020
Sold by
Felts Steve and Felts Mary
Bought by
Terhune Robin E and Terhune Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,012
Interest Rate
3.6%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nilan Mary Robin $260,000 None Listed On Document
Terhune Robin E $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilan Mary Robin $252,103
Previous Owner Terhune Robin E $173,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $259,900 0.0% $250 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $259,900 -- $250 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $1,298 $171,050 $0 $0
2024 $1,298 $171,050 $0 $0
2023 $1,248 $165,480 $0 $0
2022 $1,248 $165,480 $0 $0
2021 $1,055 $165,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michelle Spies

    Carolina Mountain Homes

    (828) 342-2947

    221 in this area

    264 Total Sales

    Michelle Spies
    Section Image

  • V

    Buyer's Agent in 2023

    Valori Cassel

    BIG Realty!

    Section Image
See All Agents

Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 325810

Northeast Georgia Board of REALTORS®

APN: 551103040660000

North Carolina Cherokee County Murphy 28906

40 Mountain Laurel Rd, Murphy, NC

Not Listed for Sale

Detached

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