87 Summitt Ln Murphy, NC 28906
Estimated Value: $259,000 - $304,000
2
Beds
2
Baths
916
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 87 Summitt Ln, Murphy, NC 28906 and is currently estimated at $287,401, approximately $313 per square foot. 87 Summitt Ln is a home located in Cherokee County with nearby schools including Martins Creek Elementary/Middle School and Murphy High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 18, 2019
Sold by
Martins Walt and Martins Randy G
Bought by
Demarco Leonard and Demarco Dawn D
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
$104,000
Outstanding Balance
$91,248
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$196,153
Purchase Details
Closed on
Sep 1, 2002
Bought by
Martins Walt and Martins W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demarco Leonard | $130,000 | None Available | |
| Martins Walt | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demarco Leonard | $104,000 |
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 | $912 | $128,360 | $0 | $0 |
| 2024 | $912 | $128,360 | $0 | $0 |
| 2023 | $902 | $128,360 | $0 | $0 |
| 2022 | $902 | $128,360 | $0 | $0 |
| 2021 | $760 | $128,360 | $20,000 | $108,360 |
| 2020 | $709 | $128,360 | $0 | $0 |
| 2019 | $648 | $102,660 | $0 | $0 |
| 2018 | $643 | $101,750 | $0 | $0 |
| 2017 | $643 | $101,750 | $0 | $0 |
| 2016 | $643 | $101,750 | $0 | $0 |
| 2015 | $643 | $101,750 | $31,300 | $70,450 |
| 2012 | -- | $101,750 | $31,300 | $70,450 |
Source: Public Records
Map
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