NOT LISTED FOR SALE

50 Arbor Way Murphy, NC 28906

Estimated Value: $108,231

0.61 Acres
$177,428 Price per Acre
26,572 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $16,000

Est. 576% increase in value since last sale

Current estimated payment $564/month

61 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA

About This Lot

As of May 2024

Western North Carolina. TINY HOME NOT INCLUDED. Nestled amidst the natural beauty of the region, yet only minutes from the vibrant towns of Murphy and Hayesville, this property presents a great opportunity. This lot is ready foryour new mountain home, with a 2-bedroom septic system already in place, the lot leveled and cleared, a gravel driveway installed, and a concrete pad ready for a tiny home. Existing brand new tiny home can be purchased with lot for $119,000 (cash sale only) - see MLS 327444 for details. Seller will remove tiny home prior to closing if lot purchase only. Enjoy the best of both worlds - privacy surrounded by nature, yet so convenient to all the amenities you need. Explore nearby attractions such as the renowned John C. Campbell Folk School, Fires Creek Recreation Area, and Lake Chatuge, perfect for outdoor enthusiasts and adventure seekers! Restrictive covenants but no active HOA or dues being collected. Restrictions state no mobile homes, all dwellings to be permanent type. Two other tiny homes currently in subdivision. Don't miss out on this opportunity to own a piece of Western North Carolina's stunning landscape. Embrace the mountain lifestyle you've always dreamed of, where adventure, convenience, and serenity converge.

Last Agent to Sell the Property

Karen Ritenour

Coldwell Banker High Country Realty - Murphy Brokerage Phone: 8288358500 License #409804 Listed on: 02/29/2024

Coldwell Banker High Country Realty - Murphy

Last Buyer's Agent

Non NON-MLS MEMBER

NON-MLS OFFICE License #0

Property Details

Property Type

  • Land

Lot Details

  • 0.61 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Additional Features

  • Views of Woods
  • Septic Tank

Community Details

  • No Home Owners Association
  • Paradise Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 551103431366000

Property Details

Property Type

Land

Lot Details

0.61 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Road Frontage Type: Road
  • Lot Size Acres: 0.61
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Paradise Park
  • Special Features: None

Exterior Features

  • View: Trees/Woods
  • Lot Features: Wooded, Perked
  • Topography: Level,Sloping
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cherokee County

Lot Info

  • Lot Size Sq Ft: 26571.6
  • Parcel #: 551103431366000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 1, 2024
Sold by
Hatfield Veronica and Schlueter Veronica
Bought by
Albert Adam M and Albert Michelle L
Seller's Agent
Karen Ritenour
Coldwell Banker High Country Realty - Murphy
Buyer's Agent
Non NON-MLS MEMBER
NON-MLS OFFICE
List Price
$29,500
Sold Price
$16,000
Premium/Discount to List
-$13,500
-45.76%
Views
4
Current Estimated Value
$108,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,231
Avg. Annual Appreciation
190.95%

Purchase Details

Closed on
May 16, 2023
Sold by
Barber Ronald Myron and Barber Cheryl Yvonne
Bought by
Hatfield Veronica

Purchase Details

Closed on
Apr 15, 2021
Sold by
Ownbey Leon
Bought by
Barber Ronald Myron and Barber Cheryl Yvonne

Purchase Details

Closed on
Jul 2, 2019
Sold by
Killian Jimmy
Bought by
Ownbey Leon

Purchase Details

Closed on
Apr 29, 2005
Sold by
Rifkin Fanny and Rifkin Jacklyn S
Bought by
Killian Jack D and Ownbey Leon
Source: Public Records
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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
Albert Adam M $16,000 None Listed On Document
Hatfield Veronica $17,000 None Listed On Document
Barber Ronald Myron $13,000 None Available
Ownbey Leon -- None Available
Killian Jack D $6,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $16,000 -45.8% --
05/01/2024 05/01/24 Pending -- -- --
03/02/2024 03/02/24 Off Market $29,500 -- --
02/29/2024 02/29/24 For Sale $29,500 -- --
Source: Northeast Georgia Board of REALTORS®

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 $88 $12,570 $0 $0
2024 $346 $12,570 $0 $0
2023 $0 $6,000 $0 $0
2022 $0 $6,000 $0 $0
2021 $0 $6,000 $6,000 $0
2020 $0 $6,000 $0 $0
2019 $55 $9,440 $0 $0
2018 $56 $9,600 $0 $0
2017 $28 $9,600 $0 $0
2016 $56 $9,600 $0 $0
2015 $56 $9,600 $9,600 $0
2012 -- $9,600 $9,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 401817

Northeast Georgia Board of REALTORS®

APN: 5511-03-43-1366-000

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