992 Valley River Avenue, Murphy, NC 28906
Not In Subdivision · Cherokee County
Key Facts
Description
992 Valley River Avenue - A Piece of Murphy, NC History with Endless Potential Originally built in 1912, this Character filled fixer upper home is ready for its next chapter. Offering 3 bedrooms, 1.5 bathrooms, and a fully renovated kitchen with new appliances, this property provides the perfect foundation for your vision while still leaving plenty of opportunity to add your own finishing touches. Whether you're looking for your next fix-and-flip project, a long-term rental investment, or a unique primary or vacation home, the possibilities here are endless. With its layout and ample space, the home may even lend itself to conversion into a duplex, creating additional income potential. Situated on a flat corner lot within the city limits, this property enjoys a prime location in the heart of Murphy while maintaining a sense of privacy away from the main thoroughfare. You'll be just minutes from downtown Murphy, local parks, shopping, dining, pickleball courts, and Harrah's Cherokee Valley River Casino & Hotel. Rich with character and packed with potential, this is the perfect opportunity for buyers with creativity and vision. If you've been searching for a property where you can build equity and create something special, this is the one. Bring your ideas, make it shine, and schedule your showing today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1912
Stories
2
Living Area
1,514 sq ft
Lot Size
0.32 acres
Lot Dimensions
160X87
Zoning
R1
Days on Market
43
MLS® Listing#
100579977
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Rooms
- Bedroom 1
- Bedroom 2
- Bedroom 3
- Dining Room
- Family Room
- KitchenMain
- Living Room
Schools
- Elementary:
- Murphy
- Middle:
- Murphy Middle
- High:
- Murphy High School
Financial Details
HOA
None
Annual Taxes
$951
Tax year 2025
Assessed Value
$142,010
Parcel Number
459208775917000
Directions
From Downtown Murphy NC Head northeast on Hiwassee St/Valley River Ave 121 ft At the traffic circle, continue straight onto US-19 BUS N/Hiwassee St/Valley River Ave Continue to follow US-19 BUS N 0.9 mi Turn left onto Maple St 371 ft Turn right onto Valley River Ave Destination will be on the right 43 ft 992 Valley River Ave Murphy, NC 28906
Affordability Calculator
$37,940
Estimated monthly payment
$1,010/mo
Principal $151,760 · Est. interest $211,719 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Murphy, NC
- $372,852
- Median Listing Price
- 96
- Median Days on Market
- 1,514
- Median Sq Ft
- $253
- Median Price / Sq Ft
- 555
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Murphy, NC.
Location
Points of Interest in Murphy, NC
Showing the Murphy area map.
Nearby Schools
Cherokee County Schools Central Office
School · 0.5 mi away
Murphy Elementary School
Elementary · 0.5 mi away
The Learning Center Charter
School · 0.6 mi away
Murphy High School
Secondary · 0.6 mi away
Murphy Middle School
Secondary · 0.7 mi away
Murphy Adventist Christian School
School · 2.5 mi away
Tri-County Early College High
Secondary School · 4.0 mi away
Peachtree Elementary
Elementary · 4.5 mi away
Martins Creek Elementary School
Elementary · 5.3 mi away
Refugee Missionary Baptist Church
School · 7.5 mi away
Marble Elementary School
Elementary · 8.2 mi away
The Lighthouse Church and Ministries
School · 9.2 mi away
Ranger School
Elementary · 10.5 mi away
Hiwassee Dam High School
Secondary · 11.2 mi away
Carolina Christian Academy
School · 12.1 mi away
Hayesville Middle School
Secondary · 12.4 mi away
Clay County Schools Hayesville, NC
School · 12.5 mi away
Hayesville Elementary School
Elementary · 12.5 mi away
Hayesville Primary School
Elementary · 12.7 mi away
Andrews High School
Secondary · 13.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 108 Sue Lane, Murphy, NC | $139,000 | 2 | 2 | — |
| 108 Sue Lane, MURPHY, NC | $139,000 | 2 | — | — |
| 115 Crowe Mountain Lane, MURPHY, NC | $172,000 | 2 | — | — |
| 115 Crowe Mountain Lane, Murphy, NC | $172,000 | 2 | 2 | — |
| 224 Pine Bough Road, Murphy, NC | $175,000 | 2 | 1 | 776 |
| 224 Pine Bough Road, MURPHY, NC | $175,000 | 2 | — | 776 |
Moving Cost Estimate
EXIT Agents in Murphy
Listing Courtesy: REMAX Town & Country - Murphy - 8288352334
Presented by: The Blake Dockery Team