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1050 Valley River Avenue

1050 Valley River Avenue, Murphy, NC 28906
Property in Cherokee
Sold Jul 17, 2014
$145,000
$145,000 by Local Government Fcu
Mortgage Due Aug 01, 2044
Sold Jun 01, 1990
$75,000
1050 Valley River Avenue has been categorized by the local assessors in Murphy, NC as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1050 Valley River Avenue has 2,256 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 11,326 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1050 Valley River Avenue sold most recently in Jul 17, 2014 for a total of $145,000. If you work out the math, that's approximately a cost of $64.27 per sqft. Before that, the property was also sold for $75,000 in Jun 1, 1990. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,068 in taxes each year. 1050 Valley River Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $162,780. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,256
  • Gross Building Area: 3,185
  • Building Area: 2,256
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,256
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLER SUB
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P/O LOTS 13 & 14 E F MILLER SUB 611/115 A/25

Ownership

  • Current Owner : RHODES JAMES B
  • Current Owner 2: RHODES PATRICIA M
  • Previous Owner : BAUGUSS NANCY
  • Previous Owner 2: BAUGUSS JERRY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cherokee County Schools
  • Census Tract: 930402

Zoning

  • Zoning: R1

Geography

  • Account Number: 39983
  • Parcel: 459208787173000
  • Lot: 13-14
  • Municipality: MURPHY MED DENSITY RES R1
  • Latitude: 35.0968
  • Longitude: -84.0244

    Address

  • Full Address: 1050 Valley River Ave
  • Address - House Number: 1050
  • Address - Street Name: Valley River
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Murphy
  • Carrier Code: C002
  • 4-Digit Zip Code: 2886
  • Zip Code: 28906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,068

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 363,604
  • High Value: 492,360
  • Low Value: 234,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Open Lien Mortgage Recording Date: Jul 17, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $145,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $162,780
  • Market Land Value: $24,000
  • Market Improvement Value: $138,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,780

    Sales

  • Current Sale Contract Date: Jul 17, 2014
  • Current Sale Recording Date: Jul 17, 2014
  • Current Sale Transaction ID: 1196724778
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2788
  • Previous Sale Recording Date: Jun 01, 1990
  • Previous Sale Contract Date: Jun 01, 1990
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Mortgage Transaction Date: Jul 17, 2014
  • First Mortgage Loan Amount: $145,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Murphy



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Frequently Asked Questions

What neighborhood is 1050 Valley River Avenue located in?
The 1050 Valley River Avenue is a located in the neighborhood of Cherokee in Murphy, Murphy.
What is the average sales price for listings in 1050 Valley River Avenue?
The average sales price for units in 1050 Valley River Avenue is $0 currently.

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