87 Bishop Ln
Murphy, NC 28906
3 bd 2 ba 1,994 sqft Built 2002 Lot 31,799 sqft single_family
Most recent sale
$305,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 5, 2024 | Price changed | $364,900 | MtLakes |
| Aug 14, 2024 | Price changed | $369,000 | MtLakes |
| Jul 29, 2024 | Price changed | $385,000 | MtLakes |
| Jul 9, 2024 | Price changed | $408,000 | MtLakes |
| Jun 20, 2024 | Price changed | $424,900 | MtLakes |
| Jun 5, 2024 | Price changed | $435,000 | MtLakes |
| May 23, 2024 | Listed | $449,000 | MtLakes |
| Apr 27, 2022 | Sold | $305,000 | MLS #314533 |
| Mar 18, 2022 | Listed | $284,900 | MLS #314533 |
| Mar 16, 2022 | Listed | $284,900 | MLS #140112 |
| Mar 15, 2007 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $177,570 | $3,000 | $180,570 | $1,348 |
| 2024 | $177,570 | $3,000 | $180,570 | $1,348 |
| 2023 | $177,570 | $3,000 | $180,570 | $1,293 |
| 2022 | $177,570 | $3,000 | $180,570 | $1,281 |
| 2021 | $175,730 | $3,000 | $178,730 | $1,085 |
| 2020 | $175,730 | $3,000 | $178,730 | $995 |
| 2019 | $131,600 | $32,120 | $163,720 | $1,026 |
| 2018 | $131,600 | $32,120 | $163,720 | $1,026 |
| 2017 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2016 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2015 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2014 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2013 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2012 | $133,700 | $32,120 | $165,820 | $1,038 |
| 2011 | $174,110 | $36,140 | $210,250 | $971 |
| 2010 | $174,110 | $36,140 | $210,250 | $971 |
| 2009 | $174,110 | $36,140 | $210,250 | $809 |
Property facts
Year built
2002
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,994 sqft
Lot size
31,799 sqft
ZIP code
28906
City
Murphy
Street
Bishop Ln
Coordinates
35.05956, -83.97535
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,692
Gross rental yield
10.59%
Implied cap rate
6.88%
Trend-extrapolated value
—
Frequently asked questions
When did 87 Bishop Ln last sell?
87 Bishop Ln most recently sold on Apr 27, 2022 for $305,000.
What is the current tax assessment for 87 Bishop Ln?
The most recent total assessment for 87 Bishop Ln (year 2025) is $180,570 with $1,348 in property tax.
How does 87 Bishop Ln's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $305,000.
When was 87 Bishop Ln built?
87 Bishop Ln was built in 2002.
How does 87 Bishop Ln compare to others on Bishop Ln?
We track 6 other properties on Bishop Ln. Browse the list under "Other properties on Bishop Ln" to compare beds, baths, and sale history.
What are the property facts for 87 Bishop Ln?
87 Bishop Ln is a 3 bed, 2 bath, 1,994 sqft, 31,799 sqft lot single_family.
Is 87 Bishop Ln a flip candidate?
No — 87 Bishop Ln does not appear in our flips dataset.
Is 87 Bishop Ln a tax-appeal candidate?
No — 87 Bishop Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.4%
2026 Q3
$297.5K
2026 Q4
$301.8K
ZIP 28906 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bishop Ln