NOT LISTED FOR SALE

527 Brown School Gap Rd Murphy, NC 28906

Estimated Value: $358,000 - $422,000

2 Beds
2 Baths
1,512 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $339,000 $224 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,061/month

46 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Porch
  • Wood Burning Stove
  • Vaulted Ceiling
  • Cooling Available

About This Home

As of May 2022

There is a lot to appreciate in this 2 bedroom 2 bath on 1.5 acre with near end-of-road privacy and two-sided USFS boundary! Good sized u-shaped kitchen is open to dining space and the living room that has a wood burning stove on raised stone hearth. Your upper level is an open loft. Once outside enjoy the pretty wooded lot down by the fire pit area, sit on the large open porch or step down to the open deck that has a hot-tub! Plus, the 30 x 40 garage has a full loft that has been framed out and ready to be finished to your needs and wants.

Last Agent to Sell the Property

Joey Reid

Appalachian Land Company License #195926 Listed on: 02/04/2022

Last Buyer's Agent

Joey Reid

Appalachian Land Company License #195926 Listed on: 02/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1991

Lot Details

  • 1.5 Acre Lot
  • Wooded Lot
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3,PO4
  • Assessor Parcel Number 5450032580000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1991

Lot Details

1.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.5
  • Subdivision Name: None
  • Directions: From Murphy west on 64. RIGHT onto 294. RIGHT onto Hiwassee Dam, Access Rd. You will cross dam before next turn. LEFT onto Prospect Rd. LEFT onto Brown School Gap Rd. RIGHT to stay on Brown School Gap. This property near end of road on your left.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Range, Microwave, Dishwasher
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Vaulted Ceiling(s), Drywall
  • Living Area: 1512

Exterior Features

  • Fencing: None
  • Lot Features: Wooded, USFS Boundary
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck/Patio, Porch
  • Property Condition: Excellent
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Double Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Other, Shared Well

Schools

  • Junior High Dist: Hiwassee Dam

Lot Info

  • Lot Size Sq Ft: 65340
  • Parcel #: 5450032580000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1329.44
  • Tax Lot: 3,PO4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 19, 2022
Sold by
Skellett James O and Skellett Barbara J
Bought by
Phillips James D
Seller's Agent
Joey Reid
Appalachian Land Company
Buyer's Agent
Joey Reid
Appalachian Land Company
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$375,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,986
Avg. Annual Appreciation
2.80%
Original Mortgage
$189,000
Outstanding Balance
$178,870
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$197,116

Purchase Details

Closed on
Jun 2, 2014
Sold by
Mcmonigle Joseph and Mcmonigle Kathleen
Bought by
Skellett James O

Purchase Details

Closed on
May 22, 2006
Sold by
Murphy Kenneth P and Murphy Ina Sue W
Bought by
Mcmonigle Joseph and Mcmonigle Kathleen
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
Phillips James D $339,000 Cowan David E
Skellett James O $163,500 None Available
Mcmonigle Joseph $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James D $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $339,000 0.0% $224 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $339,000 -- $224 / Sq Ft
Source: Mountain Lakes 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 $1,484 $198,390 $0 $0
2024 $14 $198,390 $0 $0
2023 $1,495 $198,390 $0 $0
2022 $1,495 $210,660 $0 $0
2021 $1,329 $210,660 $30,000 $180,660
2020 $1,233 $210,660 $0 $0
2019 $974 $146,060 $0 $0
2018 $982 $146,060 $0 $0
2017 $978 $146,060 $0 $0
2016 $982 $146,060 $0 $0
2015 -- $146,060 $22,500 $123,560
2012 -- $122,630 $22,500 $100,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 139952

APN: 4545-00-32-5808-000

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