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254 Cherry Street

254 Cherry Street, Murphy, NC 28906
House in Cherokee
Sold Mar 08, 2021
$105,000
$106,060 by First Reliance Bank
Mortgage Due Apr 01, 2051
Sold Sep 24, 2015
$88,000
$83,600 by Macon Bank Inc
Mortgage Due Oct 01, 2045
Local assessors in Murphy, NC have categorized 254 Cherry Street as a residential type of property. The home was built in 1915 and is 109 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 13,939 square feet. The linear feet between the front and back of the lot was measured at 1,550 ft and the front of the lot was measured at 1,010 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 254 Cherry Street has a total of 1,376 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 254 Cherry Street sold most recently in Feb 4, 2021 for a total of $105,000. If you work out the math, that's approximately a cost of $76.31 per sqft. Before that, the property was also sold for $88,000 in Sep 15, 2015. 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 $765 in taxes each year. 254 Cherry Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,090. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 408
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,376
  • Gross Building Area: 2,168
  • Building Area: 1,376
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,376
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARRY STREET
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 & P/O LOT 7 CHERRY ST 1520/738 A/3C

Ownership

  • Current Owner : ADAMOVICH ELIZABETH
  • Previous Owner : BECK ERIK A
  • Previous Owner 2: BECK CALLIE
  • Owner Before Previous Owner: NEVILLE ROBERT
  • Owner Before Previous Owner 2: HURST CAROL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 54040
  • Parcel: 459215634759000
  • Lot: 6,7
  • Municipality: MURPHY HIGH DENSITY RES R2
  • Latitude: 35.0846
  • Longitude: -84.028

    Address

  • Full Address: 254 Cherry St
  • Address - House Number: 254
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NC
  • City Name: Murphy
  • Carrier Code: C002
  • 4-Digit Zip Code: 3045
  • Zip Code: 28906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $765

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 355,419
  • High Value: 481,276
  • Low Value: 229,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,060
  • First Open Lien Mortgage Lender: FIRST RELIANCE BANK
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $106,060
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $113,090
  • Market Land Value: $23,400
  • Market Improvement Value: $89,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,090

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11825946021
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1501
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Contract Date: Sep 15, 2015
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST RELIANCE BANK
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $106,060
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MACON BANK INC
  • Previous Mortgage Transaction Date: Sep 24, 2015
  • Previous Mortgage Loan Amount: $83,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Murphy



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Nearby Rentals

Unit for rent at 244 Ellis Lane, Murphy, NC, 28906

$2,500 /mo

  • 2 Beds
  • 3 Baths
  • 2,800 ft²
244 Ellis Lane, Murphy, NC, 28906 Listing by Sandra Daley

Frequently Asked Questions

What neighborhood is 254 Cherry Street located in?
The 254 Cherry Street is a house located in the neighborhood of Cherokee in Murphy, Murphy.
What is the average sales price for listings in 254 Cherry Street?
The average sales price for units in 254 Cherry Street is $0 currently.

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