1371 Andrews Rd, Murphy, NC, 28906

$2,899,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewCity, Other, Mountain(s)
MLS #4197276
StatusActive

About 1371 Andrews Rd

This property is in the heart of the Murphy retail district and is ideally suited for a mixed use development. Tier 1 has highway frontage on Andrews Rd. Tier 2 is designated for multifamily/apartment use. Tier 3 runs up the ridge to the top offering excellent residential lots with long range views with city convenience. The 27 acres has 3 different access points enhancing the multiuse concept. The property is zoned Highway Business. Owners will consider subdividing. Harrah's River Hotel and Casino are presently undergoing a $275,000,000 expansion and is very close by as well as Walmart and Ingles. Cherokee County/Murphy has a new housing study. Murphy is the financial hub for far western NC.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Executive
  • Office Email: andypjordandd@gmail.com

Exterior Features

Exterior Information:

  • View: City, Other, Mountain(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,899,000

Tax Information:

  • Annual Amount: $1,698
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Murphy, NC.

Med. Sold Price

$347.5K

Med. Price/SqFt

$253

Avg. Days On Market

57

# of Sold Homes

2

1371 Andrews Rd vs Murphy

8 DAYS ON ROCKET

-49 Days

$2,899,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Murphy, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4197276

Listing Office:

  • Office Name: RE/MAX Executive
  • Office Email: andypjordandd@gmail.com

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Property Sales & Tax

Listing History

Aug 01, 2019Home Sold
$364,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $312,050
2020 - $312,050
2019$1,698$343,270
2018$1,860$343,270

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,758

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-170089
6
/10
  • Murphy Elementary School

  • 315 Valley River Ave

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-170090
8
/10
  • Peachtree Elementary School

  • 30 Upper Peachtree Rd

  • 4.02 miles

  • Public District Grades PK-5

school-card-donut-170091
5
/10
  • Hayesville Elementary School

  • 72 Elementary School Drive

  • 12.15 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,395. Most Murphy, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1371 Andrews Rd

What is the listing price of this property?

The listing price of 1371 Andrews Rd property is $2,899,000.

What type of property is this?

The property 1371 Andrews Rd is land located in Murphy, North Carolina, 28906.

Is this property for sale now?

Active Listing: 1371 Andrews Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,698 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 1, 2019 for $364,000. (source: MLS/tax record).
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Rocket HomesNorth CarolinaCherokee CountyMurphy289061371 Andrews Rd

This home is located at 1371 Andrews Rd in Murphy, NC and zip code 28906. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $2,899,000.

Murphy, NC housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. Between September 2024 and October 2024, Murphy, NC real estate market has seen increase in the number of listings by 27.2%. Listings spent 57 days on the market in October 2024, and had a median list price of $347,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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