4518 Murphy Ln, Monroe, NC 28112
Property image
Property image
OFF MARKET

$265,700

Trulia Estimate

    4518 Murphy Ln, Monroe, NC 28112

    Est. Refi. Payment $1,562/mo*
    Refinance Your Home
    Currently Off Market - Sold Feb 5, 2025 for $227,500

    Home Value

    Trulia Estimate
    $266K
    Since last month
    Decreased$13K (-4.8%)
    Since last year
    Decreased$34K (-11.4%)
    Since last sale
    Increased$38K (+16.8%)
    Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

    Trulia Estimate

    The of this home's value decreased by -27% in the last 10 years
    MonthEstimated value
    2026
    August 2026$266K
    August 2026$262K
    July 2026$279K
    June 2026$240K
    May 2026$235K
    April 2026$268K
    March 2026$257K
    February 2026$230K
    January 2026$243K
    2025
    2024
    2023

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.07
    Lot/Land
    $365,000
    12/03/25
    -
    -
    0.92
    Lot/Land
    $150,000
    10/22/25
    -
    -
    1.38
    Lot/Land
    $275,000
    10/15/25
    -
    -
    1.20
    Lot/Land
    $455,000
    07/10/26
    -
    -
    1.22
    Lot/Land
    $115,000
    04/24/26
    -
    -
    1.60
    Lot/Land
    $185,000
    09/30/25
    -
    -
    1.64
    Lot/Land
    $157,500
    01/07/26
    -
    -
    2.15
    Lot/Land
    $300,000
    04/01/26
    -
    -
    1.21
    Lot/Land
    $2,150,000
    09/19/25
    -
    -
    2.24
    Lot/Land
    $275,000
    09/30/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.18
    $735,000
    3
    2.5
    2,469
    Recently Sold
    0.21
    $564,800
    3
    2
    2,162
    Off Market
    0.21
    $770,000
    4
    3
    3,091
    Recently Sold
    0.29
    $696,500
    4
    3
    2,830
    Off Market
    0.30
    $355,000
    3
    2
    1,302
    Recently Sold
    0.37
    $278,800
    -
    -
    -
    Off Market
    0.40
    $533,100
    3
    2
    2,030
    Off Market
    0.38
    $276,000
    2
    1
    1,070
    Recently Sold
    0.43
    $564,000
    3
    2.5
    2,252
    Off Market
    0.42
    $528,800
    3
    2
    1,874
    Off Market
    0.41
    $697,300
    5
    2.5
    3,120
    Off Market

    Local Information

    • Map ViewExplore the area around 4518 Murphy Ln.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    5.2 acre lot

    About this House

    This incredible 5.2-acre lot in Union County offers the perfect setting to build your dream home on a quiet dead-end street with no HOA restrictions. The lot comes with a septic permit for a 4-bedroom home already in place.
    Enjoy the peaceful sounds of a charming creek that runs along the property’s edge. The land has been partially cleared, and a gravel driveway provides easy access, with an easement that leads to the ideal building site.
    This private, wooded lot is ideal for those seeking a peaceful retreat while still being conveniently accessible to nearby shopping, downtown Waxhaw, Wesley Chapel and Monroe. Don’t miss out on this incredible opportunity!
    4518 Murphy Ln, Monroe, NC 28112 is a lot/land. It last sold for $227,500 on Feb 5, 2025 (5% below the $240,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $265,700.
    Last check for updates: about 5 hours ago
    Listed by Janelle Lenhart
    COMPASS
    Janet Tuck
    COMPASS
    Bought with: Cynthia Wiley, (704) 905-7796, Better Homes and Gardens Real Estate Paracle
    Source: Canopy MLS as distributed by MLS GRID, MLS#4211203

    Home Details for 4518 Murphy Ln

    Active Status

    MLS Status: Closed

    Interior Features

    View
    No View

    Exterior Features

    Parking & Garage
    No Carport
    Frontage
    Waterfront: Creek/StreamResponsible for Road Maintenance: Publicly Maintained Road, Private Maintained RoadRoad Surface Type: Gravel
    Water & Sewer
    Sewer: Septic Needed
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 1

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not Habitable Residence
    Property Information
    Usage of Home: Gardening, ResidentialParcel Number: 05005007C

    Price & Status

    Price
    List Price: $240,000

    Location

    Direction & Address
    City: Monroe
    School Information
    Elementary School: Western UnionJr High / Middle School: ParkwoodHigh School: Parkwood

    Community

    Not Senior Community

    Lot Information

    Lot Area: 5.2 acres

    Listing Info

    Special Conditions: Standard

    Miscellaneous

    Mls Number: 4211203Attribution Contact: jlenhart@cottinghamchalk.com

    Price and Tax history

    DateEventPrice
    Feb 5, 2025
    Source: Canopy MLS as distributed by MLS GRID #4211203
    Sold
    $227,500
    Jan 7, 2025
    Source: Canopy MLS as distributed by MLS GRID #4211203
    Pending
    $240,000
    Jan 6, 2025
    Source: Canopy MLS as distributed by MLS GRID #4211203
    Listed For Sale
    $240,000
    Feb 29, 2024
    Source: Canopy MLS as distributed by MLS GRID #4084613
    Sold
    $190,000
    Jan 11, 2024
    Source: Canopy MLS as distributed by MLS GRID #4084613
    PriceChange
    $200,000
    Price decreased by 5%

    Market trends in Monroe

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $368K
    $8.05K
    MoM
    Sale-to-List Price
    98.8%
    Price per sq ft
    $213
    $2
    MoM
    Available listings
    290
    3
    MoM

    What Locals Say about Monroe

    At least 234 Trulia users voted on each feature.
    • 83 % Say car is needed

    • 83 % Say parking is easy

    • 77 % Say yards are well-kept

    • 68 % Say there's holiday spirit

    • 64 % Say kids play outside

    • 64 % Say it's dog friendly

    • 56 % Say it's quiet

    • 49 % Say streets are well-lit

    • 48 % Say they plan to stay for at least 5 years

    • 45 % Say there are sidewalks

    • 45 % Say people would walk alone at night

    • 43 % Say neighbors are friendly

    • 38 % Say there's wildlife

    • 34 % Say it's walkable to grocery stores

    • 26 % Say it's walkable to restaurants

    • 24 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Kate Earp
      "Quick and easy to get to everywhere that I need to go. Traffic has definitely picked up over the past few years "
    • Antoine Moore
      "Don’t know yet, people seem friendly. Will update with important information should I find out. It has a close park but not walkable."
    • Workingmichael101
      "Yes, I see many people walking theirs! Usually women. It’s Very safe here. Very family oriented and no thru traffic whatsoever. We even leave the doors unlocked if gone for a dhort period. "
    • Kadeshia M.
      "Neighborhoods have sidewalks, everyone here is dog friendly for the most part, and dog owners pick up after their dogs on walks. "
    • Nachet D.
      "The YMCA is always hosting events for the youth in this neighborhood... the YMCA also has an after school and summer program"
    • Paul L.
      "great friendly neighborhood great neighbors safe and quiet. well maintained yards and people help each other "
    • Jessica D.
      "I love this neighborhood but the houses here are made with pretty cheap material I wish I could live here"
    • Marcelino W.
      "I lived in this area before for a few years and I absolutely loved it. The people are friendly and it is a good place to raise a family. "
    • Meg
      "The people are sociable and family oriented. Its a safe neighborhood. I moved here and I wouldn't have chosen anywhere else"
    • Mary W
      "Neighbors look out for each other. Children can play all day without worry or incident. Very calm and family oriented neighborhood. "
    • Michael A.
      "We've lived here for 19 years. Very nice, quiet, close to shopping. Neighbors are good, all different cultures and ages. "
    • Shelby B.
      "That our children are safe and that there are safe places where they can go to the neighborhood enjoy themselves."
    • Natalia P.
      "It’s easy to get into Charlotte and the surrounding areas from Monroe. We are close to 485 so highway access is easy. "
    • Jagabry03
      "my neighborhood does not have access to public transportation. I have older neighbors that are pretty nice and great citizens. I feel safe in my neighborhood and think we look out for one another, if out of town."
    • Morganhollow
      "20 min to New Town. Leave at 5am. Roads are free of traffic delays. Back home at 9:30. Leave again ar 1:00."
    • Tedwards52
      "It’s quieter than most neighborhoods, and there’s a wide variety of people here including children, the elderly, and wonderful people from the LGBTQ+ community. Everyone is friendly!"
    • Angelek H.
      "There is nothing unique about my neighborhood. it looks the same as all the new neighborhoods that are being built."
    • Kendramrtn
      "Awesome family neighborhood we have been a part of for five years! Cannot stand the thought of leaving. Very safe!"

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-09-10 14:38:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

    Frequently asked questions about 4518 Murphy Ln

    • What is 4518 Murphy Ln estimated to be worth?
      Trulia's estimated value for 4518 Murphy Ln in Monroe, NC is $265,700.
    • What is the price history for 4518 Murphy Ln?
      4518 Murphy Ln in Monroe, NC last sold for $227,500 in February 2025.
    • Is Monroe a buyer's or seller's market?
      Monroe is currently a balanced market, based on recent for-sale activity.
    • What's the median sale price in Monroe?
      The median sale price in Monroe is $368K. That is up $8.05K from the prior month.

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