245 Cherry St
Murphy, NC 28906
4 bd 1 ba 1,452 sqft Built 1920 Lot 8,712 sqft single_family
Most recent sale
$140,000
Apr 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2022 | Sold | $140,000 | MLS #314121 |
| Mar 16, 2022 | Listed | $149,900 | MLS #140117 |
| Mar 10, 2022 | Listed | $149,900 | MLS #140080 |
| Mar 2, 2022 | Listed | $149,999 | MLS #314121 |
| May 1, 2014 | Listing removed | $84,000 | MtLakes |
| Sep 23, 2013 | Price changed | $84,000 | MLS #117812 |
| Jul 26, 2013 | Listed | $85,000 | MLS #231066 |
| Jul 12, 2013 | Listed | $85,000 | MLS #117812 |
| Aug 2, 2002 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $67,770 | $28,800 | $96,570 | $674 |
| 2024 | $67,770 | $28,800 | $96,570 | $674 |
| 2022 | $76,340 | $28,800 | $105,140 | $99 |
| 2021 | $61,300 | $28,800 | $90,100 | $526 |
| 2020 | $61,300 | $28,800 | $90,100 | $489 |
| 2019 | $48,700 | $10,500 | $59,200 | $383 |
| 2018 | $48,700 | $10,500 | $59,200 | $382 |
| 2017 | $48,700 | $10,500 | $59,200 | $383 |
| 2016 | $48,700 | $10,500 | $59,200 | $383 |
| 2015 | $44,690 | $10,500 | $55,190 | $362 |
| 2014 | $44,690 | $10,500 | $55,190 | $362 |
| 2013 | $44,690 | $10,500 | $55,190 | $362 |
| 2012 | $44,690 | $10,500 | $55,190 | $362 |
| 2011 | $59,720 | $18,900 | $78,620 | $378 |
| 2010 | $59,720 | $18,900 | $78,620 | $378 |
| 2009 | $59,720 | $18,900 | $78,620 | $303 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,452 sqft
Lot size
8,712 sqft
ZIP code
28906
City
Murphy
Street
Cherry St
Coordinates
35.08505, -84.02805
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 245 Cherry St last sell?
245 Cherry St most recently sold on Apr 6, 2022 for $140,000.
What is the current tax assessment for 245 Cherry St?
The most recent total assessment for 245 Cherry St (year 2025) is $96,570 with $674 in property tax.
How does 245 Cherry St's assessment compare to its last sale price?
The current assessment is 31.0% below the last sale price of $140,000.
When was 245 Cherry St built?
245 Cherry St was built in 1920.
How does 245 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 245 Cherry St?
245 Cherry St is a 4 bed, 1 bath, 1,452 sqft, 8,712 sqft lot single_family.
Is 245 Cherry St a flip candidate?
No — 245 Cherry St does not appear in our flips dataset.
Is 245 Cherry St a tax-appeal candidate?
No — 245 Cherry St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$291.3K
2026 Q4
$297.4K
ZIP 28906 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherry St