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557 Old Salem Rd

Murphy, NC 28906

4 bd 2 ba 2,830 sqft Built 1974 Lot 49,658 sqft land
Most recent sale
$289,900
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 8, 2025 Sold $175,000 Public Record
Jul 28, 2022 Sold $289,900 MLS #141927
Jun 23, 2022 Listed $289,800 MLS #141927
Sep 3, 2015 Sold $50,000 Public Record
Jan 4, 2012 Sold $90,000 MLS #113057
Dec 14, 2011 Listing removed $100,000 NorthEastGA
Oct 30, 2011 Price changed $100,000 MLS #113057
Oct 30, 2011 Relisted $100,000 MLS #211905
Oct 7, 2011 Listing removed $98,500 NorthEastGA
Sep 16, 2011 Relisted $98,500 MLS #113057
Sep 2, 2011 Listing removed $98,500 MtLakes
Aug 25, 2011 Price changed $98,500 MLS #211905
Aug 24, 2011 Price changed $98,500 MLS #113057
Jun 19, 2011 Listing removed $114,900 MtLakes
Jun 19, 2011 Listed $109,000 MLS #113057
Jun 18, 2011 Listed $109,000 MLS #211905
Apr 15, 2011 Price changed $114,900 MLS #111679
Apr 14, 2011 Price changed $114,900 MLS #206226
Apr 9, 2011 Price changed $124,900 MLS #206226
Feb 11, 2011 Price changed $129,900 MLS #206226
Feb 8, 2011 Price changed $129,900 MLS #111679
Feb 6, 2011 Price changed $124,900 MLS #111679
Dec 23, 2010 Listed $174,900 MLS #111679
Nov 25, 2010 Listed $174,900 MLS #206226

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $251,660 $10,250 $261,910 $1,603
2024 $251,660 $10,250 $261,910 $1,603
2023 $251,660 $10,250 $261,910 $1,187
2021 $129,210 $10,250 $139,460 $821
2020 $129,210 $10,250 $139,460 $765
2019 $104,420 $16,610 $121,030 $752
2018 $104,420 $16,610 $121,030 $751
2017 $104,420 $16,610 $121,030 $752
2016 $104,420 $16,610 $121,030 $752
2015 $104,420 $16,610 $121,030 $752
2014 $104,420 $16,610 $121,030 $752
2013 $104,420 $16,610 $121,030 $752

Property facts

Year built
1974
Property type
land
Stories
2
Beds
4
Baths
2
Living area
2,830 sqft
Lot size
49,658 sqft
ZIP code
28906
City
Murphy
Street
Old Salem Rd
Coordinates
35.00475, -84.29473

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,739
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 557 Old Salem Rd last sell?
557 Old Salem Rd most recently sold on Jul 28, 2022 for $289,900.
What is the current tax assessment for 557 Old Salem Rd?
The most recent total assessment for 557 Old Salem Rd (year 2025) is $261,910 with $1,603 in property tax.
How does 557 Old Salem Rd's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $289,900.
When was 557 Old Salem Rd built?
557 Old Salem Rd was built in 1974.
How does 557 Old Salem Rd compare to others on Old Salem Rd?
We track 1 other property on Old Salem Rd. Browse the list under "Other properties on Old Salem Rd" to compare beds, baths, and sale history.
What are the property facts for 557 Old Salem Rd?
557 Old Salem Rd is a 4 bed, 2 bath, 2,830 sqft, 49,658 sqft lot land.
Is 557 Old Salem Rd a flip candidate?
No — 557 Old Salem Rd does not appear in our flips dataset.
Is 557 Old Salem Rd a tax-appeal candidate?
Yes — 557 Old Salem Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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

Other properties on Old Salem Rd