$418,300
- 2 Beds
- 3 Baths
- 2,016 sqft (on 1.02 acres)
56 Mercedes Ln, Murphy, NC 28906
Est. Refi. Payment $2,362/mo*
Refinance Your HomeCurrently Off Market - Sold May 26, 2023 for $370,000
Home Value
Trulia Estimate
$418KSince last month
Decreased$5K (-1.3%)Since last year
Decreased$11K (-2.6%)Since last sale
Increased$47K (+12.7%)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 increased by +97% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $417K |
| August 2026 | $416K |
| July 2026 | $422K |
| June 2026 | $425K |
| May 2026 | $430K |
| April 2026 | $430K |
| March 2026 | $427K |
| February 2026 | $424K |
| January 2026 | $416K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.24 | Single-Family Home | $350,000 | 01/02/26 | 2 | 2 | 2,112 | |
0.38 | Single-Family Home | $650,000 | 10/15/25 | 2 | 3 | 3,204 | |
0.32 | Single-Family Home | $495,000 | 01/06/26 | 2 | 3 | 2,400 | |
0.30 | Single-Family Home | $375,000 | 03/26/26 | 2 | 3 | - | |
0.45 | Single-Family Home | $540,000 | 11/14/25 | 3 | 2 | 2,976 | |
0.53 | Single-Family Home | $520,000 | 04/30/26 | 3 | 3 | 3,962 | |
0.30 | Single-Family Home | $519,000 | 09/02/25 | 1 | 1 | 3,220 | |
0.54 | Single-Family Home | $365,000 | 09/11/25 | 2 | 2 | 1,035 | |
1.08 | Single-Family Home | $360,000 | 01/20/26 | 3 | 2 | 1,470 | |
0.81 | Single-Family Home | $410,000 | 10/20/25 | 2 | 2 | 1,872 |
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 |
|---|---|---|---|---|---|---|
0.04 | $540,000 | 2 | 3 | - | For Sale | |
0.06 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.17 | $268,000 | - | - | - | Recently Sold | |
0.18 | - | - | - | - | Off Market | |
0.21 | $474,900 | 3 | 3.5 | - | For Sale | |
0.24 | $482,400 | 3 | 2 | 1,564 | Off Market | |
0.27 | $332,900 | 2 | 2 | 1,040 | For Sale | |
0.29 | $460,000 | 2 | 2 | - | Off Market | |
0.28 | - | - | - | - | Off Market | |
0.30 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2000
Lot Size
1.02 acres
Living Area
2,016 sqft
Price/Sqft
$207
About this House
This one checks all the boxes: Long range views with 2Bedrooms and 2 baths on main level and mostly finished basement with 3rd bathroom and oversized 3rd space that could also be used as a rec/gameroom. Workshop for the one that needs to keep busy with projects. Multiple sets of patio doors for access to 1100 sq. ft. of covered porches/patio area if you enjoy outdoor space to enjoy the amazing views. Perfect for your vacation home or full time living with the large kitchen with lots of storage. The sellers are the original owners who have loved their home and I think you will too.
56 Mercedes Ln, Murphy, NC 28906 is a 2 bedroom, 3 bathroom, 2,016 sqft single-family home built in 2000. It last sold for $370,000 on May 26, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $418,300, with a rent estimate of $2,025/month.
Home Details for 56 Mercedes Ln
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Interior Details BasementTypes of Rooms: Walk In Closet, OfficeCeiling Fan |
Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Exterior Home Features Roof: AsphaltDeckExterior: WoodFoundation Type: FootingPatio |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Lot Area: 1.02 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2024 Source: NGBOR #316251 | ListingRemoved | $389,000 |
May 26, 2023 Source: NGBOR #323102 | Sold | $370,000 |
Mar 29, 2023 Source: Mountain Lakes BOR #144424 | Pending | $379,900 |
Mar 1, 2023 Source: Mountain Lakes BOR #144424 | Listed For Sale | $379,900 |
Nov 1, 2022 Source: NGBOR #316251 | ListingRemoved | |
Sep 27, 2022 Source: Mountain Lakes BOR #140602 | PriceChange | $389,000 Price decreased by 2% |
Aug 22, 2022 Source: Mountain Lakes BOR #140602 | PriceChange | $395,000 Price decreased by 1% |
Jul 13, 2022 Source: Mountain Lakes BOR #140602 | PriceChange | $397,400 Price decreased by 1% |
May 23, 2022 Source: Mountain Lakes BOR #140602 | PriceChange | $399,900 Price decreased by 3% |
May 12, 2022 Source: Mountain Lakes BOR #140602 | Listed For Sale | $411,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $190,830 |
Home facts updated by county records
Market trends in Murphy
Last updated July 2026
Avg. sale price
$308K
$5KMoM
Sale-to-List Price
96.2%
1.3%MoM
Price per sq ft
$199
$3MoM
Available listings
357
8MoM
Around this home
What Locals Say about Murphy
At least 80 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 56 Mercedes Ln
- What is 56 Mercedes Ln estimated to be worth?Trulia's estimated value for 56 Mercedes Ln in Murphy, NC is $418,300.
- What is the price history for 56 Mercedes Ln?56 Mercedes Ln in Murphy, NC last sold for $370,000 in May 2023.
- 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 $308K. That is down $5K from the prior month.
- Does 56 Mercedes Ln have air conditioning?Yes, 56 Mercedes Ln in Murphy, NC has air conditioning.
- Does 56 Mercedes Ln have laundry facilities?Yes, 56 Mercedes Ln in Murphy, NC has in-unit laundry.

