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265 Tims Way

265 Tims Way, Murphy, NC 28906
Property in Cherokee
Sold Oct 19, 2020
$148,000
$100,000 by Homestar Financial Corp
Mortgage Due Nov 01, 2050
Sold Apr 01, 2019
$133,000
Buyer
265 Tims Way 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 2009 and is 15 years old. However, we must point out that the home was most recently renovated and altered in 2016. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 265 Tims Way has 1,836 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. 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 metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of wood. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 265 Tims Way was last sold in Oct 9, 2020 for $148,000. According to our calculations, that's $80.61 per sqft. Prior to that sales transaction, the property was sold for $133,000 in Mar 26, 2019. Current property owners are expected to pay $1,005 in taxes per year. The property on 265 Tims Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $131,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 1,610
  • Total Building Area: 1,836
  • Gross Building Area: 2,204
  • Building Area: 1,836
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,836
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: FR CLARK 1519/806 1610/28

Ownership

  • Current Owner : SPAULDING ROBERT
  • Previous Owner : CLARK AMY
  • Owner Before Previous Owner: CASTEN INGEBORG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cherokee County Schools
  • Census Tract: 930502

Geography

  • Account Number: 53044
  • Parcel: 459100198412000
  • Municipality: MURPHY RURAL SOUTH
  • Latitude: 35.0719
  • Longitude: -84.0429

    Address

  • Full Address: 265 Tims Way
  • Address - House Number: 265
  • Address - Street Name: Tims
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Murphy
  • Carrier Code: C001
  • 4-Digit Zip Code: 3113
  • Zip Code: 28906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,005

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 358,402
  • High Value: 485,316
  • Low Value: 231,487

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Sep 07, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 15, 2062

    Market Valuation

  • Market Total Value: $131,200
  • Market Land Value: $17,780
  • Market Improvement Value: $113,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,200

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11794785996
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5952
  • Previous Sale Recording Date: Apr 01, 2019
  • Previous Sale Contract Date: Mar 26, 2019
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 265 Tims Way located in?
The 265 Tims Way is a located in the neighborhood of Cherokee in Cherokee, Murphy.
What is the average sales price for listings in 265 Tims Way?
The average sales price for units in 265 Tims Way is $0 currently.

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