OFF MARKET
Google satellite image for 516 Cabin Way, Murphy, NC 28906
Off market jan 1990 for $6.2K
$220,778
Est. refi paymentEst. refi $42/mo
1
bd
•
1 ba
•
1,020
sq ft

516 Cabin Way, Murphy, NC 28906

map-entry

About this home

516 Cabin Way is a 1,020 square foot house on a 1.23 acre lot with 1 bedroom and 1 bathroom. - it last sold on January 01, 1990 for $6,250. Based on Redfin's Murphy data, we estimate the home's value is $220,778.
Single-familyProperty Type
1991Year Built
1.23 acresLot Size
$216Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$220,778
$215K since sold in January 1990$3,000 since September

This home's estimate is 27.3% lower than the average sale price ($304K) of 5 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,588/mo
Redfin rental estimate

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Market trends in 28906, NC

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price
96.4%

+0.3% MoM

Median sale price
$329K

$6K MoM

Avg. days on market
87d

7 days MoM

Recently sold homes
153

14 MoM

New listings for sale

Provided by Redfin

Sale history for 516 Cabin Way

Tax history for 516 Cabin Way

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Around this home

Schools

Murphy Elementary

Public PreK-5 • Assigned • 9.6mi

8/10
Murphy Middle

Public 6-8 • Assigned • 9.7mi

5/10
Murphy High

Public 9-12 • Assigned • 9.7mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

1% chance of being in a wildfire in next 30 years

4/10 Heat Factor

8 days above 99° expected this year, 23 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Murphy, NC • 28906
Average low and high temperatures (°F)
46
26
57
33
69
41
76
50
76
56
85
64
88
69
83
64
80
59
72
48
63
42
54
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$210,000 – $254,000

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Nearby similar homes

$19,900
Land— sq ft
00 Panda Ln, Murphy, NC 28906
$549,000
Land— sq ft
200 Avalon Crst, Murphy, NC 28906
$25,000
Land— sq ft
0 Explorer Rdg, Murphy, NC 28906
FOR SALE BY OWNER
$178,000
2 beds1 bath1,008 sq ft
15466 Joe Brown Hwy, Murphy, NC 28906
$29,800
Land— sq ft
1440 Upper Bear Paw Rd, Murphy, NC 28906
$42,500
Land— sq ft
00 Dasali Way, Murphy, NC 28906

New listings for sale in 28906

NEW 1 HR AGO
$312,000
2 beds2 baths900 sq ft
387 Dawsons Ln, Murphy, NC 28906
NEW 6 HRS AGO
$1,250,000
3 beds3 baths2,700 sq ft
121 Wolfcreek Rd, Murphy, NC 28906
NEW 24 HRS AGO
$395,000
2 beds2 baths— sq ft
140 Carolina Fox Cir, Murphy, NC 28906
$389,800
2 beds3 baths2,196 sq ft
75 Mountain Overlook Dr, Murphy, NC 28906
$625,000
3 beds3.5 baths5,039 sq ft
35 Honeysuckle Ln, Murphy, NC 28906
$449,800
3 beds3.5 baths2,785 sq ft
638 Timberwood Hills Rd, Murphy, NC 28906
$459,000
2 beds2 baths2,256 sq ft
160 Deer Pasture Ln, Murphy, NC 28906
$295,000
3 beds2 baths1,400 sq ft
1410 Village Rd, Murphy, NC 28906
$149,900
3 beds1 bath— sq ft
1226 Reservoir Rd, Murphy, NC 28906

Home values near 516 Cabin Way

Data from public records.
AddressRedfin Estimate
2 Beds | 1 Baths | 1148 Sq. Ft.
$233,481
2 Beds | 2 Baths | - Sq. Ft.
$341,128
AddressRedfin Estimate
3 Beds | 1 Baths | 1120 Sq. Ft.
$276,015
2 Beds | 2.5 Baths | 4445 Sq. Ft.
$559,875
AddressRedfin Estimate
2 Beds | 2 Baths | - Sq. Ft.
$411,854
2 Beds | 3.5 Baths | 2960 Sq. Ft.
—

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