NOT LISTED FOR SALE

550 Grape Creek Rd Murphy, NC 28906

Estimated Value: $262,000 - $324,000

2 Beds
2 Baths
960 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $170,500 $178 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,586/month

28 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Porch
  • Ranch Style House
  • Wood Ceilings
  • Double Pane Windows

About This Home

As of March 2021

2 bedroom 2 bath ranch with paved drive and direct access off of a paved road sits on level 1.04 acres. The kitchen and Great Room have wood ceilings and floors, a corner stone fireplace and French doors to the porch. The wood floors continue down the hall and into both bedrooms. Both baths have tile floors and a tub/shower. This compact efficient home has been well cared for and is waiting for its new caretaker.

Last Agent to Sell the Property

Sonya Reid

Appalachian Land Company License #195392 Listed on: 01/11/2021

Last Buyer's Agent

Michelle Spies

Carolina Mountain Homes License #190672

Carolina Mountain Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 2007

Lot Details

  • 1.04 Acre Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Ranch Style House
  • Wallpaper
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Sourwood Ridge Subdivision

Listing and Financial Details

  • Tax Lot S-1
  • Assessor Parcel Number 458300097708000
  • $100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.04
  • Lot Size: 1.04
  • Road Surface Type: Paved
  • Subdivision Name: Sourwood Ridge
  • Directions: From downtown Murphy, north out of town on Tennessee Street. Continue on Joe Brown Highway. RIGHT onto Grape Creek.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Washer, Dishwasher, Range, Refrigerator, Dryer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Factory Built, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wallpaper, Master Downstairs, Vaulted Ceiling(s), Other, Insulation, Drywall, Wood Ceiling(s), Ceiling Fan(s)
  • Living Area: 960
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Level/Rolling Land
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Main Level, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Schools

  • Junior High Dist: Murphy

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Parcel #: 458300097708000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 604.98
  • Tax Lot: S-1
  • Tax Other Annual Assessment Amount: 100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 16, 2021
Sold by
English Gavin Forrest
Bought by
Alpert Kathleen M
Seller's Agent
Sonya Reid
Appalachian Land Company
Buyer's Agent
Michelle Spies
Carolina Mountain Homes
List Price
$179,000
Sold Price
$170,500
Premium/Discount to List
-$8,500
-4.75%
Current Estimated Value
$293,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,835
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Aug 22, 2016
Sold by
English James Edward and English Joyce Elaine Dockery
Bought by
English Gavin Forrest

Purchase Details

Closed on
Jul 19, 2012
Sold by
English Caleb E and English Krysta H
Bought by
English Joyce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
H&C Properties Llc
Bought by
English Caleb E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Alpert Kathleen M $170,500 None Available
English Gavin Forrest -- None Available
English Joyce D $110,000 None Available
English Caleb E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner English Joyce D $88,000
Previous Owner English Caleb E $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $170,500 -4.7% $178 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $179,000 -- $186 / Sq Ft
Source: Mountain Lakes 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 $601 $147,890 $0 $0
2024 $546 $137,630 $0 $0
2023 -- $137,630 $0 $0
2022 $0 $137,630 $0 $0
2021 $0 $101,920 $10,000 $91,920
2020 $0 $101,920 $0 $0
2019 $692 $105,340 $0 $0
2018 $692 $105,340 $0 $0
2017 $0 $105,340 $0 $0
2016 $675 $105,340 $0 $0
2015 $675 $105,340 $25,200 $80,140
2012 -- $105,340 $25,200 $80,140
Source: Public Records

Agents Affiliated with this Home

  • Sonya Reid

    Seller's Agent in 2021

    Sonya Reid

    Appalachian Land Company

    (828) 837-9199

    174 in this area

    231 Total Sales

    Sonya Reid
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Spies

    Carolina Mountain Homes

    (828) 342-2947

    223 in this area

    265 Total Sales

    Michelle Spies
    Section Image
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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 136868

APN: 4583-00-09-7708-000

North Carolina Cherokee County Murphy 28906

550 Grape Creek Rd, Murphy, NC

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