992 Valley River Avenue, Murphy, NC 28906
Property image
Property image
FOR SALE
0.32 ACRES

$189,700

Original price: $199,700
  • 3 Beds
  • 1.5 Baths
  • 1,514 sqft (on 0.32 acres)

992 Valley River Avenue, Murphy, NC 28906

Est. Mortgage $1,203/mo*
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Home Highlights

Single-Family Home
Built in 1912
0.32 acre lot
$125/sqft

Local Information

  • Map ViewExplore the area around 992 Valley River Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Flat corner lotRich with character
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!
Last check for updates: about 5 hours ago
Listing courtesy of The Blake Dockery Team, (828) 557-9148
REMAX Town & Country - Murphy
Originating MLS: Mountain Lakes Board of REALTORS®
Source: Hive MLS, MLS#100579977
Also Listed on Hive MLS.

Home Details for 992 Valley River Avenue

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1514 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Built-In Microwave, Refrigerator, Range, DishwasherDishwasherLaundry: Dryer Hookup,Washer HookupRefrigerator
Heating & Cooling
Heating: Propane,Wall Furnace,Fireplace InsertHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Propane
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Gas & Electric
No Electric on Property
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoFloors: Wood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchFencing: NoneOther Structures: Storage, OutbuildingFoundation: Crawl Space
Parking & Garage
No Attached GarageParking: Gravel,No Garage
Frontage
Frontage Type: See RemarksRoad Frontage: PavedRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 79Days on Market: 115

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Stick BuiltArchitecture: Stick Built
Building
Construction Materials: Wood SidingNot a New Construction
Property Information
Condition: FixerParcel Number: 459208775917000

Price & Status

Price
List Price: $189,700Price Per Sqft: $125
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: MurphyCommunity: Not In Subdivision
School Information
Elementary School: MurphyJr High / Middle School: Murphy MiddleHigh School: Murphy High School

Agent Information

Listing Agent
Listing ID: 100579977

Building

Building Area
Building Area: 1514 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Mountain Lakes Board of REALTORS®No HOA

Lot Information

Lot Area: 0.32 acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Miscellaneous

Mls Number: 100579977Living Area Range: 1400 - 1599Attic: NoneAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetShowing Requirements: Call Listing Agent

Additional Information

HOA Amenities: Cable TV

Around this home

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 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.
  • 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

Market trends in Murphy

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$309K
$1.73KMoM
Sale-to-List Price
96.6%
0.4%MoM
Price per sq ft
$202
$3MoM
Available listings
354
4MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
916 Valley River Avenue, Murphy, NC
0.07
Single-Family Home
$345,000
06/16/26
3
2
1,836
366 Hill St, Murphy, NC
0.07
Single-Family Home
$360,000
06/12/26
4
2
2,119
819 Valley River Ave, Murphy, NC
0.16
Single-Family Home
$245,000
07/02/26
2
1
1,200
844 Connahetta Street, Murphy, NC
0.46
Single-Family Home
$191,634
06/24/26
2
2
1,100
321 Sunrise St, Murphy, NC
0.26
Single-Family Home
$250,000
08/03/26
2
2
1,008
46 Dillard St, Murphy, NC
0.62
Single-Family Home
$332,500
04/24/26
3
2
1,472
35 Van Horn Street, Murphy, NC
0.47
Single-Family Home
$262,500
06/25/26
2
2
986
113 Hilton Street, Murphy, NC
0.59
Single-Family Home
$186,000
06/22/26
3
2
3,477

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
Lot 107 Whispering Hills Road, Murphy, NC 28906
0.06
$252,900
2
2
864
Off Market
1022 Valley River Ave, Murphy, NC 28906
0.04
$455,600
4
3.5
2,548
Off Market
366 Hill St, Murphy, NC 28906
0.07
$360,000
4
2
2,119
Recently Sold
952 Valley River Ave, Murphy, NC 28906
0.04
$278,300
3
2
-
Off Market
1007 Valley River Ave, Murphy, NC 28906
0.04
$405,000
3
3
-
Recently Sold
324 Hill St, Murphy, NC 28906
0.08
$148,500
1
1
788
Off Market
916 Valley River Avenue, Murphy, NC 28906
0.07
$345,000
3
2
1,836
Recently Sold
927 Valley River Ave, Murphy, NC 28906
0.07
$255,200
2
1
1,295
Off Market
117 Mauney St, Murphy, NC 28906
0.11
$299,900
3
1
-
For Sale
283 Hill St, Murphy, NC 28906
0.09
$444,000
4
2
-
For Sale
1082 Valley River Ave, Murphy, NC 28906
0.11
$479,800
4
3
3,478
For Sale

Price and Tax history

DateEventPrice
Jun 26, 2026
Source: Hive MLS #100579977
PriceChange
$189,700
Price decreased by 5%
Jun 9, 2026
Source: Hive MLS #100579977
PriceChange
$199,700
Price decreased by 4%
Dec 18, 2025
Source: N/A
PriceChange
$209,000
Price decreased by 5%
Dec 4, 2025
Source: N/A
PriceChange
$219,000
Price decreased by 4%
Nov 20, 2025
Source: N/A
Listed For Sale
$229,000

LGBTQ Local Legal Protections

The Blake Dockery Team, REMAX Town & Country - Murphy
Agent Phone: (828) 557-9148
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 2026-09-25 10:15:38 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

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Frequently asked questions about 992 Valley River Avenue

  • What is the estimated monthly payment for 992 Valley River Avenue?
    Based on a $189,700 list price with 20% down at today's rates, the estimated monthly payment for 992 Valley River Avenue in Murphy, NC is approximately $1,210 (about $1,056 principal & interest, $79 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 992 Valley River Avenue compare to homes in Murphy?
    992 Valley River Avenue in Murphy, NC is listed at $189,700, about 39% below the $309K median sale price in Murphy.
  • What do residents say about Murphy?
    Residents describe Murphy, NC as well-kept, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Murphy, NC.
  • What are the closest schools to 992 Valley River Avenue?
    The closest schools to 992 Valley River Avenue in Murphy, NC are Murphy Elementary (Pre-K, rated 8/10), Murphy High (rated 7/10), Murphy Middle (rated 5/10).
  • Does 992 Valley River Avenue have air conditioning?
    Yes, 992 Valley River Avenue in Murphy, NC has air conditioning.
  • Does 992 Valley River Avenue have laundry facilities?
    Yes, 992 Valley River Avenue in Murphy, NC has laundry facilities.
992 Valley River Avenue, Murphy, NC 28906 is a 3 bedroom, 2 bathroom, 1,514 sqft single-family home built in 1912. This property is currently available for sale and was listed by Hive MLS on Jun 8, 2026. The MLS # for this home is MLS# 100579977.