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509 Murphy St

Kannapolis, NC 28081

2 bd 1 ba 916 sqft Built 1936 Lot 7,579 sqft single_family
Most recent sale
$100,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 27, 2024 Sold $245,000 Public Record
Oct 30, 2022 Price changed $215,000 CanopyMLS
Oct 24, 2022 Price changed $225,000 MLS #3907571
Oct 6, 2022 Price changed $230,000 MLS #3907571
Sep 23, 2022 Listed $240,000 MLS #3907571
Apr 1, 2022 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,620 $53,000 $142,620 $1,619
2023 $46,180 $33,000 $79,180 $1,084
2022 $46,180 $33,000 $79,180 $1,084
2021 $46,180 $33,000 $79,180 $1,085
2020 $46,180 $33,000 $79,180 $1,085
2019 $39,500 $15,200 $54,700 $749
2018 $39,500 $15,200 $54,700 $738
2017 $39,500 $15,200 $54,700 $728
2016 $39,500 $15,200 $54,700 $728
2015 $41,450 $16,000 $57,450 $764
2014 $41,450 $16,000 $57,450 $747
2013 $41,450 $16,000 $57,450 $724
2012 $41,450 $16,000 $57,450 $724
2010 $47,040 $20,000 $67,040 $751
2009 $47,040 $20,000 $67,040 $751
2008 $49,630 $20,000 $69,630 $780
2007 $42,450 $12,030 $54,480 $613

Property facts

Year built
1936
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
916 sqft
Lot size
7,579 sqft
ZIP code
28081
City
Kannapolis
Street
Murphy St
Coordinates
35.48257, -80.63400

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Murphy St last sell?
509 Murphy St most recently sold on Apr 1, 2022 for $100,000.
What is the current tax assessment for 509 Murphy St?
The most recent total assessment for 509 Murphy St (year 2025) is $142,620 with $1,619 in property tax.
How does 509 Murphy St's assessment compare to its last sale price?
The current assessment is 42.6% above the last sale price of $100,000.
When was 509 Murphy St built?
509 Murphy St was built in 1936.
How does 509 Murphy St compare to others on Murphy St?
We track 8 other properties on Murphy St. Browse the list under "Other properties on Murphy St" to compare beds, baths, and sale history.
What are the property facts for 509 Murphy St?
509 Murphy St is a 2 bed, 1 bath, 916 sqft, 7,579 sqft lot single_family.
Is 509 Murphy St a flip candidate?
No — 509 Murphy St does not appear in our flips dataset.
Is 509 Murphy St a tax-appeal candidate?
No — 509 Murphy St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast

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