45 Somerset Ridge Dr Murphy, NC 28906
Estimated Value: $448,000 - $1,022,000
3
Beds
4
Baths
4,372
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 45 Somerset Ridge Dr, Murphy, NC 28906 and is currently estimated at $754,640, approximately $172 per square foot. 45 Somerset Ridge Dr 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
Aug 30, 2021
Sold by
Mcshef Ventures Llc
Bought by
Rudd Michael David and Rudd Loretta Ann
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
$548,250
Outstanding Balance
$497,019
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$257,621
Purchase Details
Closed on
Apr 8, 2005
Sold by
B M M S Properties Inc
Bought by
Mcshef Ventures Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rudd Michael David | $750,000 | None Available | |
| Mcshef Ventures Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rudd Michael David | $548,250 |
Source: Public Records
Tax History Compared to Growth
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 | $3,491 | $480,380 | $0 | $0 |
| 2024 | $3,491 | $480,380 | $0 | $0 |
| 2023 | $3,481 | $480,380 | $0 | $0 |
| 2022 | $3,481 | $480,380 | $0 | $0 |
| 2021 | $0 | $367,320 | $24,000 | $343,320 |
| 2020 | $2,103 | $367,320 | $0 | $0 |
| 2019 | $2,153 | $335,720 | $0 | $0 |
| 2018 | $2,153 | $335,720 | $0 | $0 |
| 2017 | $2,178 | $339,790 | $0 | $0 |
| 2016 | $2,178 | $339,790 | $0 | $0 |
| 2015 | $2,178 | $339,790 | $33,180 | $306,610 |
| 2012 | -- | $339,790 | $33,180 | $306,610 |
Source: Public Records
Map
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