261 Cherry Street, Murphy, NC 28906
OFF MARKET

261 Cherry Street
Murphy, NC 28906

  • 3 Beds
  • 3 Baths
  • 1,746 sqft (on 0.28 acres)

$149,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $896/mo*
Refinance Your Home

$149,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $896/mo*
Refinance Your Home
3 Beds
3 Baths
1,746 sqft
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 261 Cherry Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Lot Size
0.28 acres
Living Area
1,746 sqft
Price/Sqft
$85

About this House

This property, located within the city limits, presents an intriguing opportunity for a cash buyer. Situated within walking distance to the town center, this fixer-upper could be transformed into a valuable rental property with two distinct units. The main house and basement efficiency, each with its own entrance, offer the potential for two separate living quarters. The water, sewer, and electric utilities are already metered for the two residences, streamlining the process for a prospective investor. Being sold AS IS.
261 Cherry Street, Murphy, NC 28906 is a 3 bedroom, 1,746 sqft single-family home built in 1920. It last sold for the $155,000 asking price on Jul 29, 2025. It is currently off market. The Trulia Estimate is $149,100, with a rent estimate of $1,494/month.

Home Details for 261 Cherry Street

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 11
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1746 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Levels: OneFloors: Other

Exterior Features

Exterior Home Features
Roof: MetalExterior: NoneFoundation: Slab
Parking & Garage
No Attached GarageParking: No Garage
Frontage
Road Frontage: PavedRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 45925635936000

Price & Status

Price
List Price: $155,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MurphyCommunity: N/A
School Information
Elementary School: MurphyJr High / Middle School: Murphy MiddleHigh School: Murphy High School

Building

Building Area
Building Area: 1746 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Mountain Lakes Board of REALTORS®

Lot Information

Lot Area: 0.28 acres

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 98534714Attic: NoneAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetShowing Requirements: No Lockbox
Last check for updates: about 9 hours ago
Listed by Mark Edwards
ReMax Mountain Properties
Bought with: Allison Ralph, Old Town Brokers
Originating MLS: Mountain Lakes Board of REALTORS®
Source: Hive MLS, MLS#98534714

Price History for 261 Cherry Street

DatePriceEventSource
07/29/2025$155,000Sold
Hive MLS #98534714
06/26/2025$155,000PendingMountain Lakes BOR #153136
06/25/2025$155,000Listed For SaleMountain Lakes BOR #153136

Market trends in Murphy

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$583MoM
Sale-to-List Price
97.5%
0.7%MoM
Price per sq ft
$202
$15MoM
Available listings
364
25MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$108,240
Home facts updated by county records

Comparable Sales for 261 Cherry Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
46 Dillard St, Murphy, NC
0.22
Single-Family Home
$332,500
04/24/26
3
2
1,472
805 Hiwassee Street, Murphy, NC
0.54
Single-Family Home
$175,000
08/03/26
2
3
1,745
113 Hilton Street, Murphy, NC
0.39
Single-Family Home
$186,000
06/22/26
3
2
3,477
35 Van Horn Street, Murphy, NC
0.33
Single-Family Home
$262,500
06/25/26
2
2
986
916 Valley River Avenue, Murphy, NC
0.75
Single-Family Home
$345,000
06/16/26
3
2
1,836

Nearby homes

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Assigned Schools

These are the assigned schools for 261 Cherry Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Murphy

At least 79 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 83 % Say there's wildlife

  • 80 % Say yards are well-kept

  • 76 % Say parking is easy

  • 76 % Say it's quiet

  • 73 % Say there's holiday spirit

  • 64 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 55 % Say it's dog friendly

  • 39 % Say kids play outside

  • 31 % Say there are community events

  • 22 % Say streets are well-lit

  • 20 % Say it's walkable to restaurants

  • 19 % Say there are sidewalks

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Liza G Ovington
    "Not sure but it seems like there are lots of places to take your dogs on leash. Although many of the roads have no shoulder"
    1
    Flag
  • Bigliz14
    "Great place to live and raise a family . People are friendly and atmosphere in this town is fantastic "
    0
    Flag
  • Trulia User
    "A little congested but roads are kept clean and safe in the winter the roads are well maintained. I would recommend living in Murphy "
    0
    Flag
  • Mary Obryan
    "No this is a rural area with no public transportation. There is no need for it generally speaking. There is a community transport that will pick up people at their homes I believe."
    0
    Flag
  • Laurence Wood
    "Good schools a growing town with opportunities for all! Every day is like vacation with all the amazing places to go to!"
    2
    Flag
  • Laurence Wood
    "No traffic jams Service people are slow to come out but it’s part of the slower pace of life we enjoy "
    1
    Flag
  • Laurence Wood
    "A fast growing town and you need to expect long drives for services and stores. Medical care is difficult to find close by. We love our town and get upset when new residents try to change our culture "
    0
    Flag
  • Barbara Ratterree
    "Country living. People are private but willing to help others. Most homes around me are homesteads or farms. "
    1
    Flag
  • KatieB
    "Most people don’t walk their dogs they let them run loose or keep them fenced, those who do walk their dogs are usually friendly and always say hello! "
    1
    Flag
  • Irving R.
    "vehicle is a must have commodity to get around when you live out of the town city limits. Unless you like to walk or ride a bike. They're are few other drawbacks as well. Communicating by cell phone is not very good around the countryside, lacking cell towers. This is a problem, even trying to get on the internet. Somedays are better than others but still we have poor reception. Other than that we have the beautiful outdoors. We can enjoy going to the national forest for hiking, camping, hunting, fishing or just driving around the back roads and enjoy scenery as well as wildlife. Living outside the city's limit might have it's drawbacks but you take the good and the bad as it comes and make the best of it."
    0
    Flag
  • Kristyleew49
    "Love Murphy! The people, the mountains, the town are all amazing! No attitudes, just good people looking out for each other!"
    0
    Flag
  • Michelle R.
    "We just stay socialized with each other and van together when necessary. The kids are what keeps the community a whole. "
    0
    Flag
  • Michelle R.
    "We all ban together and make it about the kids. Lots of summer fun. When problems arise within the community we solve together as a team until things are fixed. "
    1
    Flag
  • Mesa2617
    "Live music at local pub and restaurants. Friendly staff is several local stores and restaurants. The town of Murphy felt really welcoming. "
    1
    Flag
  • Errol D.
    "Very beautiful place to live and quiet, very kid friendly. I been here for some years really nicely place to be "
    0
    Flag
  • TiffanyTabor
    "we need some really nice dog parks! People need to be more accountable for their dogs! There us no place to take to your dog where they can run, swim and play safely!"
    0
    Flag
  • Kimkoogler
    "I've lived here for 7 years. I love every beautiful road. mountain views, lake views, great food. it's a beautiful place to live."
    0
    Flag
  • Pprzonek
    "the beautiful mountain views, the wonderful change of the seasons.The small city feel and how nice the people are to each other"
    30
    Flag
  • Gloria Geringer
    "I like it because it's quite. No lights outside, except for what's on the house and carport. What I don't like is everyone's dogs run free. I take mine out on a leash."
    5
    Flag
  • Cindyandchuck
    "Concerts, yard sales, boat and golf cart parades, fireworks with live music. Tennis, pool and marina"
    9
    Flag
  • Bsfrazee
    "Every one knows every one. People watch each others place when they are out of town or checks in on one another if your sick. I have vacationed here for a few years now staying with friends but now would love to own a piece of paradise !!!"
    0
    Flag
  • NolaR
    "One Neighbor has a hostile dog. I don't feel safe walking by his house. There is still enough areas to walk your pet."
    0
    Flag
  • Jjoachiltz
    "There is no leash law here so watch your children and your pets closely!! Our dog was attacked and killed by 2 dogs in our neighborhood. There was nothing we could do about it. "
    0
    Flag
  • Steve B.
    "Murphy, NC is a small community with all the basics (yes, including Walmart). There is a lot to do or you can relax and enjoy the beauty of the mountains. Winters are NOT harsh, however, you will need warm clothing. You can enjoy the wildlife from your back deck or walk the many trails throughout the county. Although Murphy will have a Casino come the Summer of 2015; it will have little impact on the quality of life."
    0
    Flag
  • Wendy B.
    "It only mentions one high school but we have TCEC which is the best school in N.C.! Your kid will graduate with all honors AND an associates degree! Best place to raise a child EVER! Safe, peaceful place!"
    0
    Flag
  • Wendy B.
    "I live here and think Murphy and surrounding areas are heaven on earth. Beautiful, friendly, amazing environment to raise your kids! 9th grade up offers TCEC, a small FREE high school that will have your child graduate with honors AND and Associates Degree! Loving teachers! "
    0
    Flag

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Apartments for Rent

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Explore by feature - Air Conditioning

12 rentals with air conditioning in Murphy, NC

Explore by feature - Washer/dryer

10 rentals with a washer/dryer in Murphy, NC

Homes for sale near 261 Cherry Street

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Off Market Homes Near 261 Cherry Street

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Frequently asked questions about 261 Cherry Street

  • What is 261 Cherry Street estimated to be worth?
    Trulia's estimated value for 261 Cherry Street in Murphy, NC is $149,100.
  • What is the price history for 261 Cherry Street?
    261 Cherry Street in Murphy, NC last sold for $155,000 in July 2025.
  • Is Murphy a buyer's or seller's market?
    Murphy is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Murphy?
    The median sale price in Murphy is $313K. That is up $583 from the prior month.
  • How big is the lot at 261 Cherry Street?
    The lot at 261 Cherry Street in Murphy, NC is about 0.28 acres (12,197 sq ft).
  • Is there a virtual tour of 261 Cherry Street?
    Yes, a virtual tour of 261 Cherry Street in Murphy, NC is available.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-08-07 12:27:58 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025-10-17 12:20:34 PDT Hive MLS