$265,700
4518 Murphy Ln, Monroe, NC 28112
Est. Refi. Payment $1,562/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 5, 2025 for $227,500
Home Value
Trulia Estimate
$266KSince 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
| Month | Estimated 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
-- mins to
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!
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
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MLS Status: Closed |
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View No View |
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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 |
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Cumulative Days on Market: 1 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Habitable Residence |
Property Information Usage of Home: Gardening, ResidentialParcel Number: 05005007C |
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Price List Price: $240,000 |
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Direction & Address City: Monroe |
School Information Elementary School: Western UnionJr High / Middle School: ParkwoodHigh School: Parkwood |
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Not Senior Community |
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Lot Area: 5.2 acres |
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Special Conditions: Standard |
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Mls Number: 4211203Attribution Contact: jlenhart@cottinghamchalk.com |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Dec 15, 2023 Source: Canopy MLS as distributed by MLS GRID #4084613 | PriceChange | $210,000 Price decreased by 5% |
Dec 5, 2023 Source: Canopy MLS as distributed by MLS GRID #4084613 | PriceChange | $220,000 Price decreased by 4% |
Nov 3, 2023 Source: Canopy MLS as distributed by MLS GRID #4084613 | Listed For Sale | $230,000 |
Apr 19, 2023 Source: N/A | Sold | $185,000 |
Sep 10, 2022 Source: Canopy MLS as distributed by MLS GRID #3892369 | PriceChange | $398,000 Price decreased by 5% |
Aug 10, 2022 Source: Canopy MLS as distributed by MLS GRID #3892369 | Listed For Sale | $420,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $920 | $191,100 |
Home facts updated by county records
Market trends in Monroe
Last updated July 2026
Avg. sale price
$368K
$8.05KMoM
Sale-to-List Price
98.8%
Price per sq ft
$213
$2MoM
Available listings
290
3MoM
Around this home
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.
LGBTQ Local Legal Protections
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.

