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117 Flat Ridge Rd

Murphy, NC 28906

2 bd 2 ba 1,232 sqft Built 2022 single_family
Most recent sale
$360,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $360,000 MLS #316801
May 30, 2022 Listed $369,000 MLS #316801

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $150,260 $28,000 $178,260 $1,332
2024 $150,260 $28,000 $178,260 $1,332
2023 $150,260 $28,000 $178,260 $1,278

Property facts

Year built
2022
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,232 sqft
Lot size
ZIP code
28906
City
Murphy
Street
Flat Ridge Rd
Coordinates
35.09105, -83.91401

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,663
Gross rental yield
5.54%
Implied cap rate
3.60%
Trend-extrapolated value

Frequently asked questions

When did 117 Flat Ridge Rd last sell?
117 Flat Ridge Rd most recently sold on Sep 22, 2022 for $360,000.
What is the current tax assessment for 117 Flat Ridge Rd?
The most recent total assessment for 117 Flat Ridge Rd (year 2025) is $178,260 with $1,332 in property tax.
How does 117 Flat Ridge Rd's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $360,000.
When was 117 Flat Ridge Rd built?
117 Flat Ridge Rd was built in 2022.
How does 117 Flat Ridge Rd compare to others on Flat Ridge Rd?
We track 6 other properties on Flat Ridge Rd. Browse the list under "Other properties on Flat Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 117 Flat Ridge Rd?
117 Flat Ridge Rd is a 2 bed, 2 bath, 1,232 sqft single_family.
Is 117 Flat Ridge Rd a flip candidate?
No — 117 Flat Ridge Rd does not appear in our flips dataset.
Is 117 Flat Ridge Rd a tax-appeal candidate?
No — 117 Flat Ridge Rd 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

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