New Chalet for Sale in Murphy NC Real Estate – A GREAT Buy!!!

Posted by I Love Murphy on

Here’s a beautiful Chalet for Sale in Murphy NC , that’s an extraordinary buy! This home boasts two bedrooms, two baths, beautiful rock fireplace, a deck, two porches, all appliances, wood ceiling, super-sized master suite, very LARGE fixed pane glass to let in lots of natural light, paved roads, very gentle lot, lots of parking, underground utilities, and a whole lot more! This property is an extraordinary value and probably the best real estate buy on a home in all of Murphy NC right now.

It’s much larger than your average chalet and is in Country Mountain Ridge in the Ranger community of Murphy NC. Located right off of Bell Hill Road, you’re getting a great area that is close to downtown Murphy and all the shopping it offers. That and you still get the feeling of being in the woods in the mountains of North Carolina.

Whether you’re dreaming of a perfect Chalet for Sale in Murphy NC or simply exploring the best things to do in Murphy NC, The Poltrock Team is here to help you find your ideal mountain retreat!

We’re Sorry, this home is now SOLD. Please check our website for all our active listings at www.MyMurphy.com

The Bi-Weekly SOLD Murphy NC Real Estate Update

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Happy Post-Saint Patty’s Day!! The weekend is almost here and the weather is GORGEOUS in Murphy! Nice and sunny in the 60’s is a great reason to get outside.

Real Estate is producing a sale a day on average (factoring homes and land both), which is not to shabby! The market is slower right now with 30 sales in the past month compared to 39 sales per month last year. The difference is not in homes – they’re still extremely comparable to last years. Land is what’s making the difference. Sales are down to around half of what they normally are. Buyers are beginning to call and see land, which is exciting! Land has so many great investments out there right now, it’s time for buyers to begin seeing the opportunities that are in front of them.

 

Historically, sales pick back up and our “season” begins when Spring Break starts, which we’ve only got 3 more weeks till that hits!

 

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Whether you’re exploring exciting Real Estate opportunities or simply discovering the best things to do in Murphy NC, The Poltrock Team is here to help you make the most of every season!

Fixer Upper Home for Sale in Murphy NC with Lots of Land!!

Posted by I Love Murphy on

Here’s a true find in the mountains of Murphy, North Carolina! It seems like every other person I speak with is looking for a fixer-Upper Home for Sale as a real estate investment – well, look no further!! This 2 bedroom, 1 bath fixer upper is full of history, and best of all, it has 9.66+/- acres of land! Holy CANOLI!

The Home for Sale

This home has a lot of history and is an old homestead for the Radford family, which is an old family name here. The home may or may not be repaired and used for anything. It’s a neat piece of history!

The Land for Sale

The real value in the property resides on the 9.66+/- acres for sale. The land has an old road cut in on it that can easily be cleaned up for use. Just in strolling down the road, I found two very good building spots and many other spots that work, too. It’s right on a paved road, so the access is excellent. It’s in the Hanging Dog Community of Murphy, NC, so there’s a large amount of US Forest Service Land nearby and is not far from Lake Hiwassee access.

Frequently Asked Questions about this Real Estate

What kind of shape is the home in?

It certainly needs a lot of work. In speaking with the owner, I got the impression that it was what I call a “burner-downer.” I was really surprised and impressed when I went through the first time! It really does have potential to be fixed up.

What kind of water source does it have?

One of the advantages is it has a relatively new well system for the water supply that I believe could supply both the current home and if more houses were built on the property, it could supply several of them as well.
What’s going on with the bathroom?
When the house was originally built, indoor bathrooms were not commonplace. Eventually, a bathroom was added in the most convenient spot – the back porch. It was enclosed as you would expect, but the porch was not built on the same foundation as the rest of the home. Because of that and years later, the porch posts have begun to deteriorate and the bathroom has begun to fall away from the house.
Has the acreage been recently surveyed?
Yup!

Whether you’re searching for a rare Fixer Upper Home for Sale or simply exploring the best things to do in Murphy NC, The Poltrock Team is ready to help you uncover the perfect property!

Call The POLTROCK TEAM TODAY about this one! Toll Free 866-687-7496 or www.MyMurphy.com

Five Forks Development in Martin’s Creek Community of Murphy, North Carolina

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Five Forks is a gated subdevelopment in the Martin’s Creek community nestled in the mountains of Murphy, North Carolina. It is largely respected as one of the finer and better done cabin and chalet developments in Cherokee County. It is complete with a gated entrance that closes at dusk, paved roads, underground utilities, community water system, and spectacular long range views. In fact, you can overlook the mountains of North Carolina and Georgia and even see Lake Nottley in the distance.

See the picture below to get an idea of what it’s like on the top of the mountain – and the picture doesn’t even do it justice. Five Forks has a great location and is very close to Bellview. Not only is it quick access to Murphy, it is equally easy to go to Blairsville, GA. It is just off of 19/129 on Moccasin Creek Road. 

The raw land tract that would become Five forks, or just 5 Forks as a few folks write it, was originally owned by developer Manny Hernandez. The site plan and much of the orchestration was done by our very own RE/MAX mountain Properties Broker/Owner, David Ritz. It wasn’t acquired as one single tract. Rather, Phase 1 was done and then additional parcels were purchased and added to the development over time.
Five Fork's Spectacular Long Range Mountain View
Five Fork’s Amazing Mountain View

The paved roads are a huge asset. With double lane, paved roads coming into Five Forks, it makes travel a breeze. Much of the other developments in the area lack wide roads and can cause issues when two vehicles approach at the same time. Jonathan Wells (of Wells Contracting) built the initial phase of roads, Chris Dockery, and Bill Cook are the men largely responsible for putting in the road system. As you come in the entrance, you cross a large tract of land and a good thing for the community is that Five Forks owns the road coming in – it doesn’t just have an easement like many do.

It contains 129 lots  ranging from less than an acre to over five acres.

For those who enjoy the outdoors, Five Forks is laced with walking trails and a road system that is perfect for getting out and taking a stroll by yourself, with friends, family, or pets. It even has an outdoor picnic facility complete with a restroom.

Homes in Five Forks

Chalet Type Home in Five Forks
Chalet Type Home in Five Forks

Five Forks is well known as a chalet and cabin type community. All of the homes there have earth tone colors and are designed to make you feel like you’re “in the woods” while not secluded and by yourself. Homes in Five Forks start in the 100’s and go to the highest real estate transaction on record at $449,000 (as of this writing).

Interesting Facts on Five Forks

  • Five Forks has a tract 11.63+/- acre tract right in the middle of it that’s not part of Five Forks. It cannot be accessed through the Five Forks entrance, but rather must use Grape Thicket Road and come in through a side entrance.
  • The lots on the Northwestern side of Five Forks (which used to be part of tracts that were part of Grape Thicket) have a secondary right-of-way to come in through Grape Thicket Road. Although this is not as desireable an entrance, it is useable. The large parcel in the middle of Five Forks only has right-of-way through Grape Thicket and cannot use Five Forks’ main entrance.
  • The success of Five Forks is largely contributed to impeccable market timing, great paved roads, competetive pricing, good design, and huge, long range mountain views. Original prices started out around $25,000 and up.
  • Many of the homes built in Five Forks were built by Chris Twiggs, Mark Thorsen, John Ritz, and Ray Newcomb.

Need to sell your property in Five Forks?

Call or email us! It’s a toll-free call at 1-866-687-7496 or email at JohnPoltrock@gmail.com . You’ll recieve a FREE copy of our Seller’s Guide and a market analysis to find out what your property is worth in today’s market!

 John Poltrock, Certified Residential Specialist – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us Toll Free at 1-866-687-7496 for Murphy’s #1 Real Estate Team!

Tired of Making Bad Investments? Consider Buying Real Estate in Murphy NC!

Posted by I Love Murphy on

Have you ever bet your life’s savings on the craps table? How about taking a weekend to Vegas with everything you’ve worked for? Would you ever bet everything on one spin of the wheel?  Although Ashley Revell sold everything he owned, traveled to Las Vegas and bet it all on one spin of the roulette wheel, it’s simply not a smart idea. (See below for Ashley’s Vegas Adventure)

Right now, the stock market looks like a good investment – yet you simply don’t know. This year alone, the Dow has lost 5,228.04 points, or an astonishing 37.1%.  This past Friday it dropped a whopping 1.41% in one day! So I pose my question again – have you ever bet your life’s savings on roll of the dice?

This past week, a couple who are very good clients of ours wanted to make a pretty sizeable investment – and it accounted for a very large portion of their savings. Where did they put their money? Real Estate. What did they buy? Land. Why did they buy it? Because it was a smart, safe bet. We found two tracts of land that works perfectly for them and are very likely to provide a safe, reliable place to put their money.

In watching properties on the market, the best properties are getting snatched up at record rates. We sold one of the properties as an investment to the couple above 84% faster than the market average! Why? Because it was a phenomenal opportunity that simply doesn’t stay on the market and you have to act fast for opportunities like it.

How many times have you heard people, friends and families say, “When this election gets out of the way, things will really turn around.” Mentality of the people you know and of the nation makes a tremendous amount of difference as to when fortunes are made. The election is less than a month away. Would you like to be ahead of the curve and buy an investment while the market is at the bottom or buy when prices are on the way up?

If you want to find the best real estate investments, call us or your Realtor today before the election and market upswing.  Find out what properties are available, look at them, size them up, and decide what’s best for you. Don’t see what you want? Ask to be set up on automatic notification so you can be alerted as soon as a property hits the market before anyone else has time to find out about it. We would be happy to do this for you for free of charge and start getting your investment portfolio where it should be – well diversified and profitable!

If you’re ready to make smart Real Estate investments, we’re here to help you find the best opportunities! Explore more things to do in Murphy NC and connect with us today!

Written by John Poltrock, Contributing Writer for The Cherokee Scout. Be in “the know” by visiting The Cherokee Scout’s Website to have their paper delivered to your door.

The Power of Positive Thinking In Real Estate

Posted by I Love Murphy on
When it comes to buying real estate in the midst of economic turmoil, there’s certainly an amount of faith involved. There’s more to it than that. It’s a belief in America and the people who drive it. It’s knowledge in the predictability of business cycles and that our economy will survive and come back stronger than before – like it has numerous times.
Its knowing that real estate is a solid long term investment – especially since there’s no more land being made. Its smart – many people have become wealthy or made handsome profits, and there’s no good reason why you can’t join their ranks. Now is without a doubt a great time to invest in mountain real estate in Murphy, North Carolina. See what’s out there, make the leap, and know that America has a positive thinking that’s brought to realization only one person at a time.
If you believe in Positive Thinking and smart investments, we’re here to guide you! Explore more things to do in Murphy NC and connect with us today. John Poltrock, Certified Residential Specialist – RE/MAX of Murphy, North Carolina – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us toll free at 1-866-Murphy-NC or 1-866-687-7496 and get The POLTROCK TEAM today!

 

The Weather, Climate, and Rainfall of Murphy, North Carolina

Posted by I Love Murphy on

The weather can vary depending on your exact location and elevation within Cherokee County. Mornings are chilly in the spring and quite comfortable during the day. However, it has been known to snow at the end of April! Summer daytime temps vary and can be warm and slightly humid, while nights are quite comfortable. We often experience afternoon thundershowers. 

In autumn, you feel the temperatures take a dip, and you can see its effects with the brilliant colors of fall leaves on the mountainsides. Winter is traditionally cool (or cold, depending on your inclination). Snow is common in the higher elevations beginning mid-November. Snow falls are commonly 2-3 inches and last long enough to enjoy but not too long to become cumbersome. If Florida is too hot and Michigan is too cold, you will find Murphy just right.

If you are looking to relocate and/or buy a vacation home here in Murphy, NC, please use our free Murphy NC Real Estate MLS Search Feature.

If you’re ready to enjoy perfect [Weather] year-round, Murphy NC is calling you! Explore more things to do in Murphy NC and connect with us today!

John Poltrock, Certified Residential Specialist – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll-Free 1-866-687-7496 and demand The POLTROCK TEAM!

 

Beware Inflated Appraisals – They Don’t Help Your Real Estate in Murphy NC

Posted by I Love Murphy on

Appraisals are often viewed as the end-all for determining the value of your home. It doesn’t matter whether you’re looking to find the value of your chalet, traditional home, cabin, land, or other type of real estate from the mountains of Murphy, North Carolina all the way to the sandy shores of the coast, fact is, that’s not necessarily the truth.

Appraisals are usually for honest, genuine reasons. Don’t be confused though – an over inflated appraisal of your real estate won’t help sell your property for an inflated value. Then on occasion, they’re for fraudulent reasons.

Although con artists and fraudsters have dozens of schemes to steal property and money, numerous schemes rely on inflated appraisals – appraisals that claim the property is more valuable than it really is.

Some homeowners use inflated appraisals to pull more equity out of their home than they have in it. For example, say the owners owe $180,000 on a home that’s worth $200,000, and they want to borrow $40,000 to redo their kitchen. Most lenders will be reluctant to approve a $40,000 loan, because the owners have only $20,000 equity in the home. To get around this problem, the homeowners (and perhaps their loan originator) may hire a “cooperative” appraiser to appraise the home at $240,000, so the loan can be approved.

This may seem like an innocent “white” lie, because the kitchen rehab will probably raise the value of the property, the lender will make a larger loan and earn more interest, and the loan originator will earn a commission. On the surface, everybody wins. However, this is a form of mortgage fraud – it misleads the lender into approving an overly risky loan. It also artificially inflates property values, property taxes, and insurance, making housing less affordable.

Con artists also use inflated appraisals to rip off home buyers and investors. In a recent case in Florida, a company was converting apartments into condominiums and selling them to (mostly out-of-state) investors. The company hired an appraiser from hundreds of miles away to appraise the properties without ever seeing them; the appraiser had no idea what similar properties in the area were selling for. The company fed the appraiser the information that was used to write up the appraisals, usually indicating that the properties were worth anywhere from 30 to 100 percent more than their true market value.

Many of the investors assumed that if the lender (or bank) was willing to loan them the money to purchase the properties based on the values stated in the appraisals, the appraised values must be accurate. Unfortunately, this assumption was wrong. The loan originator was in on the scam with the company that was selling the properties. Together, they were pulling all the strings, misleading both the lender and the investors through the use of inflated appraisals.

For an appraisal to be valid and reliable, it must be unbiased. If you are buying a property and have no clear idea of what similar properties in the same neighborhood are selling for, then order your own appraisal. Hire a reputable appraiser who is familiar with property values in the area and instruct the appraiser that you want an unbiased appraisal. Don’t rely on what the seller or loan originator (or their appraiser) is telling you. That person’s view could be the most biased of all.

Ralph R. Roberts, GRI, CRS is a real estate and mortgage fraud forensics expert and author of Protect Yourself from Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership (Kaplan Publishing). If you’re interested, you can find out more in his book.

We’re fortunate here in Murphy that we rarely see fraudulent activity as a result of false appraisals. If you would like a reputable appraiser, please don’t hesitate to ask us to find an appraiser for you. It’d be our privilege to help.

If you have concerns about [Inflated Appraisals], we’re here to guide you safely through your real estate journey! Explore more things to do in Murphy NC and contact us today!

John Poltrock, Certified Residential Specialist – www.MyMurphy.com – Call Toll Free (866) 687-7496 and demand The POLTROCK TEAM!! – JohnPoltrock@gmail.com

To Pave or not to Pave – That is the Question for My Murphy NC Real Estate

Posted by I Love Murphy on

A Freshly Paved Road in Murphy NCIt seems intuitive that paved roads are certainly an advantage when it comes to your real estate – regardless of whether it’s on a home or land. It makes travel much smoother, quieter, and overall a better experience.

The majority of state maintained roads are all paved, with only a few exceptions in the further regions and communities of Cherokee County. Many of the residential areas of Murphy, North Carolina lack paved roads.  A few major subdivisions (most of which are relatively new) offer their residents pavement, such as Wolf Mountain Estates and Five Forks development in Murphy NC.

Interestingly enough, paving seems to not be a major driving force in lot sales. Regular raw land had a mere difference of $2,000 to have paving versus not. If you’re looking to boost the value of your vacant lot, paving does not seem to be the way to go. In fact, it seems that it would cost you more to have it done than it would return. Investment standpoint – don’t pave vacant land.

When it comes to homes, there’s more of a difference. In the past six months, homes with pavement (whether it be concrete or asphalt) sold for an average of $10,792 more.

Depending on how much paving you’ll need, it would likely be a worthy investment in your property. Based on the research I’ve done, the main reason you should do it, however, is because you want to enjoy it for yourself – not because you’re looking to make a return on your money.

When it comes to Real Estate in Murphy NC, we’ll help you make smart, informed decisions. Explore more things to do in Murphy NC and let’s talk about your goals today!

 John and Jessica Poltrock – The POLTROCK TEAM at RE/MAX of Murphy, North Carolina – www.MyMurphy.com

Mountain View Lot For Sale in Pied Piper

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Mountain View from LandHere’s an excellent new lot to come up for sale in Sierra Village off of Pied Piper.  Be sure to check out the You Tube Video Tour located below!

It has a great price on it, and be sure to click the picture if you’d like the current price on it.

It has a roughed in home site, driveway, and underground utilities! It’s right off of High Ridge Road which is completely paved. Pied Piper Drive is currently a county maintained gravel road, yet is on the county docket to be paved. Woo hoo!

This piece of real estate is SOLD!

Whether you’re buying on Pied Piper or exploring other scenic spots, we’re here to guide your next move—check out more things to do in Murphy NC while you’re at it!

John and Jessica Poltrock – The POLTROCK TEAM in RE/MAX of Murphy NC – Real Estate in Murphy – www.MyMurphy.com – JohnPoltrock@gmail.com – Toll Free (877) 837-3002 and ask for the POLTROCK TEAM!