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138 Falling Waters Ln

Murphy, NC 28906

3 bd 2 ba 1,758 sqft Built 1982 Lot 51,401 sqft single_family
Most recent sale
$258,000
Jan 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2023 Sold $299,000 Public Record
Mar 20, 2023 Price changed $299,000 CarolinaSmokies
Feb 8, 2023 Price changed $309,000 CarolinaSmokies
Jan 4, 2023 Listed $319,000 CarolinaSmokies
Oct 21, 2022 Relisted $324,900 MLS #26025233
Sep 3, 2022 Price changed $324,900 MLS #26025233
Jun 9, 2022 Price changed $348,000 MLS #26025233
May 15, 2022 Listed $358,000 MLS #26025233
Jan 12, 2022 Sold $258,000 MLS #139256
Dec 31, 2021 Sold $260,000 MLS #311450
Oct 23, 2021 Listed $269,900 MLS #311450
Sep 5, 2018 Sold $148,000 MLS #129727
Aug 2, 2018 Price changed $159,900 MLS #129727
Aug 1, 2018 Listed $169,000 MLS #129727
Jul 6, 2016 Listing removed $169,000 NorthEastGA
Jun 7, 2016 Listed $174,500 MLS #258745
Jul 27, 2015 Listing removed $169,000 MtLakes
Jun 19, 2015 Listed $169,000 MLS #121999
May 22, 2014 Sold $134,800 MLS #119309
Apr 29, 2014 Listing removed $134,800 NorthEastGA
Apr 24, 2014 Listed $134,800 MLS #237984
Apr 23, 2014 Listed $134,800 MLS #119309
Dec 7, 2006 Sold $172,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,470 $15,000 $151,470 $1,083
2024 $136,470 $15,000 $151,470 $1,083
2023 $136,470 $15,000 $151,470 $1,073
2022 $136,470 $15,000 $151,470 $1,073
2021 $136,470 $15,000 $151,470 $907
2020 $136,470 $15,000 $151,470 $846
2019 $91,190 $36,900 $128,090 $810
2018 $91,190 $36,900 $128,090 $795
2017 $88,690 $36,900 $125,590 $796
2016 $88,690 $36,900 $125,590 $796
2015 $88,690 $36,900 $125,590 $796
2014 $88,690 $36,900 $125,590 $796
2013 $88,690 $36,900 $125,590 $796
2012 $88,690 $36,900 $125,590 $796
2011 $116,070 $53,400 $169,470 $795
2010 $116,070 $53,400 $169,470 $795
2009 $116,070 $53,400 $169,470 $652

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,758 sqft
Lot size
51,401 sqft
ZIP code
28906
City
Murphy
Street
Falling Waters Ln
Coordinates
35.00888, -84.09272

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,373
Gross rental yield
11.04%
Implied cap rate
7.17%
Trend-extrapolated value

Frequently asked questions

When did 138 Falling Waters Ln last sell?
138 Falling Waters Ln most recently sold on Jan 12, 2022 for $258,000.
What is the current tax assessment for 138 Falling Waters Ln?
The most recent total assessment for 138 Falling Waters Ln (year 2025) is $151,470 with $1,083 in property tax.
How does 138 Falling Waters Ln's assessment compare to its last sale price?
The current assessment is 41.3% below the last sale price of $258,000.
When was 138 Falling Waters Ln built?
138 Falling Waters Ln was built in 1982.
How does 138 Falling Waters Ln compare to others on Falling Waters Ln?
We track 1 other property on Falling Waters Ln. Browse the list under "Other properties on Falling Waters Ln" to compare beds, baths, and sale history.
What are the property facts for 138 Falling Waters Ln?
138 Falling Waters Ln is a 3 bed, 2 bath, 1,758 sqft, 51,401 sqft lot single_family.
Is 138 Falling Waters Ln a flip candidate?
No — 138 Falling Waters Ln does not appear in our flips dataset.
Is 138 Falling Waters Ln a tax-appeal candidate?
No — 138 Falling Waters Ln 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
+1.6%
Implied 1-yr
+6.4%
2026 Q3
$297.5K
2026 Q4
$301.8K
ZIP 28906 — Median Price History + Forecast

Explore nearby

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