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159 Cherry St

Murphy, NC 28906

4 bd 4 ba 2,462 sqft Built 1959 Lot 34,848 sqft single_family
Most recent sale
$260,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $260,000 MLS #309062
Feb 11, 2022 Price changed $279,000 MLS #309062
Feb 10, 2022 Price changed $279,000 MLS #138556
Oct 2, 2021 Price changed $299,000 MLS #309062
Oct 1, 2021 Price changed $299,000 MLS #138556
Jul 28, 2021 Listed $339,000 MLS #309062
Jul 26, 2021 Listed $339,000 MLS #138556

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,940 $96,000 $224,940 $1,478
2024 $128,940 $96,000 $224,940 $1,483
2023 $128,940 $96,000 $224,940 $1,480
2021 $123,540 $38,400 $161,940 $885
2020 $123,540 $38,400 $161,940 $819
2019 $139,710 $15,000 $154,710 $879
2018 $139,710 $15,000 $154,710 $879
2017 $164,140 $15,000 $179,140 $1,006
2016 $164,140 $15,000 $179,140 $1,006
2015 $164,140 $15,000 $179,140 $1,006
2014 $164,140 $15,000 $179,140 $1,006
2013 $164,140 $15,000 $179,140 $1,006
2012 $164,140 $15,000 $179,140 $1,006
2011 $208,970 $27,000 $235,970 $983
2010 $208,970 $27,000 $235,970 $983
2009 $208,970 $27,000 $235,970 $908

Property facts

Year built
1959
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,462 sqft
Lot size
34,848 sqft
ZIP code
28906
City
Murphy
Street
Cherry St
Coordinates
35.08549, -84.02999

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 159 Cherry St last sell?
159 Cherry St most recently sold on Apr 27, 2022 for $260,000.
What is the current tax assessment for 159 Cherry St?
The most recent total assessment for 159 Cherry St (year 2025) is $224,940 with $1,478 in property tax.
How does 159 Cherry St's assessment compare to its last sale price?
The current assessment is 13.5% below the last sale price of $260,000.
When was 159 Cherry St built?
159 Cherry St was built in 1959.
How does 159 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 159 Cherry St?
159 Cherry St is a 4 bed, 4 bath, 2,462 sqft, 34,848 sqft lot single_family.
Is 159 Cherry St a flip candidate?
No — 159 Cherry St does not appear in our flips dataset.
Is 159 Cherry St a tax-appeal candidate?
No — 159 Cherry 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$291.3K
2026 Q4
$297.4K
ZIP 28906 — Median Price History + Forecast

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