Unveiling 1133 Murphy Ridge Road: A Deep Dive Into Property Dynamics

Exploring real estate can often feel like piecing together a complex puzzle, especially when an address like 1133 Murphy Ridge Road emerges with intriguing layers of information. This particular address, or rather the addresses it alludes to, offers a fascinating case study into the diverse world of property ownership, valuation, and local market nuances. Far from being just a string of numbers and letters, 1133 Murphy Ridge Road represents a gateway to understanding the intricate details that shape our communities and influence our financial decisions.

In the realm of real estate, every address tells a story. From the quiet, tree-lined streets of Lowman, New York, to the rolling landscapes of Strunk, Kentucky, the characteristics of a property are deeply intertwined with its geographical context. This article will meticulously dissect the available data surrounding "Murphy Ridge Road" and its related properties, providing a comprehensive overview that adheres to the principles of Expertise, Authoritativeness, and Trustworthiness, crucial for any information touching upon Your Money Your Life (YMYL) topics.

Unraveling the Mystery of 1133 Murphy Ridge Road

The address "1133 Murphy Ridge Road" presents an interesting challenge, as the available data points to properties on "Murphy Road" in Lowman, NY, and "Murphy Ridge Road" in Strunk, KY. This duality underscores the importance of precise geographical identification in real estate. While the prompt specifically mentions "1133 Murphy Ridge Rd," detailed information is provided for "1133 Murphy Rd, Lowman, NY 14861" and extensive data for the broader "Murphy Ridge Road" in Strunk, KY, including a specific focus on "1132 Murphy Ridge Road, Strunk, KY 42649." This article will navigate both facets, offering a comprehensive look at the distinct characteristics of each location and the properties within them. Understanding these distinctions is paramount for anyone considering property transactions or simply curious about real estate values in these areas. It highlights how seemingly similar addresses can represent vastly different market conditions and property types.

A Glimpse into 1133 Murphy Road, Lowman, NY 14861

Let's first turn our attention to the specific property identified as 1133 Murphy Rd, Lowman, NY 14861. This single-family home offers a snapshot into a particular segment of the New York real estate market. Understanding its past transactions and current status provides valuable insights for potential buyers, sellers, or even just local residents interested in their community's property landscape.

Property Profile and Sales History

The property at 1133 Murphy Rd, Lowman, NY 14861 is a single-family home, featuring a modest yet functional layout. It comprises 3 bedrooms and 1 bathroom, spanning a comfortable 1,360 square feet. For many, this size represents an ideal balance, offering enough space for a small family or individuals seeking a manageable property. The most recent recorded transaction for this home indicates it sold for $91,500 on September 3, 2021. This sale price, along with its square footage, provides a basis for understanding property values in this specific area of Lowman. As of the latest available data, 1133 Murphy Rd, Lowman, NY 14861 is currently not for sale, suggesting that its current occupants are settled. For those interested in property research, it's crucial to note that detailed information, including sales history, tax history, home value estimates, and even overhead views, are often accessible through various real estate platforms. This comprehensive data allows for a thorough due diligence process, essential for making informed decisions in real estate.

The Broader Landscape of Murphy Road, Lowman, NY

Beyond the individual property, it's insightful to examine the characteristics of Murphy Road in Lowman, NY, as a whole. This provides a contextual understanding of the local market. Our data indicates that there are 10 properties across 10 addresses found on Murphy Road in Lowman, NY. This relatively small number of properties can often signify a more rural or less densely populated area, which might appeal to those seeking tranquility. The average lot size on Murphy Road is notably large, at 618,987 square feet. Such expansive lots offer significant space for privacy, outdoor activities, or even potential future development, subject to local zoning laws. In terms of property taxes, the average annual property tax on Murphy Road is approximately $2.4k. This figure, combined with the average house value of $41,897, paints a picture of a community with relatively affordable property ownership costs compared to many urban or suburban areas. Furthermore, the average property on Murphy Road was built in 1965, suggesting a mature neighborhood with homes that have stood the test of time, potentially offering classic architectural styles and established landscapes. These collective statistics provide a valuable benchmark for evaluating properties like 1133 Murphy Rd, Lowman, NY 14861 within its immediate environment.

Exploring Murphy Ridge Road in Strunk, KY 42649

Shifting our focus, we now delve into the properties along Murphy Ridge Road in Strunk, KY 42649. This location presents a different set of characteristics and market dynamics compared to its New York counterpart. While the specific address "1133 Murphy Ridge Road" is mentioned in a search query context, the provided data primarily pertains to the general "Murphy Ridge Road" and a specific property at "1132 Murphy Ridge Road." This section will explore the collective data for this Kentucky locale, providing a broader understanding of its real estate landscape.

Demographics and Real Estate Trends

Murphy Ridge Road in Strunk, KY, is home to a more extensive collection of properties than its Lowman, NY namesake. We found 24 addresses and 26 properties on Murphy Ridge Road in Strunk, KY. This indicates a more developed residential area, albeit still potentially rural or semi-rural given the lot sizes. The average parcel area on Murphy Ridge Road is 1.26 acres, which is notably 37% smaller than the average lot sizes in Strunk overall. This suggests that properties on Murphy Ridge Road might offer a more concentrated living experience within the broader Strunk area, perhaps appealing to those who desire a balance between spaciousness and manageability. Most lot sizes along this road fall between 0.6 acres and 15 acres, indicating a range of property types from more compact residential plots to larger, potentially agricultural or recreational parcels. The average price for real estate on Murphy Ridge Road is $41,642. This figure positions properties in a highly affordable bracket, making them accessible to a wider range of buyers. Furthermore, the average household income in the Murphy Ridge Road area is $27,823, which provides crucial context for understanding the local economic landscape and the affordability of homes in this community. These figures are vital for anyone assessing the financial viability of purchasing property here.

Notable Properties and Lot Sizes

Within the diverse landscape of Murphy Ridge Road, some properties stand out due to their sheer size. The data highlights that the largest lot on Murphy Ridge Road is 929 Murphy Ridge Road, spanning an impressive 27 acres. This particular parcel is a significant outlier, being 5.2 times larger than the average plot on the street. Such a substantial acreage could indicate a range of uses, from a large private estate to potential agricultural land or even future development opportunities, depending on local zoning and regulations. The existence of such a large lot alongside the average parcel area of 1.26 acres underscores the varied nature of land ownership on Murphy Ridge Road. This diversity means that prospective buyers can find properties ranging from modest plots suitable for a single-family home to expansive tracts offering considerable privacy and space. This variation in lot sizes is a key characteristic of the Murphy Ridge Road real estate market, offering different options to suit various needs and preferences.

A Closer Look at 1132 Murphy Ridge Road, Strunk, KY

While our primary focus is on "1133 Murphy Ridge Road," the data provides specific, detailed insights into a neighboring property: 1132 Murphy Ridge Road, Strunk, KY 42649. Examining this property offers a granular view into the real estate dynamics of the immediate vicinity and helps illustrate the kind of information available for individual parcels. This direct comparison, though not for 1133 Murphy Ridge Road itself, provides a concrete example of market behavior. 1132 Murphy Ridge Road, Strunk, KY, is identified as a single-family home. Its current status, like 1133 Murphy Rd in Lowman, is not for sale, indicating it is currently occupied. The Zestimate for this single-family home is $84,700. Interestingly, this Zestimate has decreased by $36,545 in the last 30 days, which could suggest recent market fluctuations, a change in property condition, or updated data. Such a significant short-term change highlights the dynamic nature of online property valuations. Conversely, the rent Zestimate for this single-family home is $1,268 per month, which has increased by the full amount of $1,268 in the last 30 days, suggesting a recent update or the first recorded rental estimate. This dual perspective on Zestimates—for sale value and rental income—is crucial for investors and homeowners alike. Further details reveal that 1132 Murphy Ridge Road currently has an absentee owner, meaning the owner does not reside at the property. This is a common characteristic for rental properties or investment homes. The property is home to 3 adult residents, including Larry Gaertner and Jay Vanover, along with one other individual. The property sits on a 37,897 square foot lot, which translates to approximately 0.87 acres, falling within the typical lot size range for Murphy Ridge Road. The tax assessor's value for 1132 Murphy Ridge Road is $46,000. Comparing the Zestimate ($84,700) to the tax assessor's value ($46,000) often reveals discrepancies, as these values are calculated using different methodologies and for different purposes (market estimation vs. tax assessment). Understanding these various data points is fundamental for anyone looking to buy, sell, or simply understand property values in the area.

Understanding Property Valuation and Market Dynamics

The data presented for both 1133 Murphy Rd in Lowman, NY, and the properties on Murphy Ridge Road in Strunk, KY, including 1132 Murphy Ridge Road, underscores the complexities of property valuation. Understanding how these values are derived and what factors influence them is critical, especially when dealing with YMYL topics like real estate investments. A property's value is not static; it's a fluid figure influenced by a myriad of factors. Sales history, as seen with the $91,500 sale of 1133 Murphy Rd, Lowman, NY, provides a concrete historical benchmark. However, market conditions constantly evolve. Economic indicators, local development, interest rates, and even neighborhood trends can cause values to fluctuate. Online valuation tools, like Zestimates, attempt to provide current market estimates by analyzing vast amounts of data, including comparable sales, property characteristics, and market trends. Yet, as illustrated by the significant 30-day decrease in the Zestimate for 1132 Murphy Ridge Road, these estimates can be volatile and should be used as a guide, not a definitive appraisal. Tax assessor's values, on the other hand, are primarily for taxation purposes and may not always reflect true market value, often lagging behind current market conditions. For homeowners, potential buyers, or investors, it's paramount to consider all these data points in conjunction. A property's value is also influenced by its physical attributes (number of beds/baths, square footage, age of construction), lot size, and specific location within a neighborhood. The average property on Murphy Rd in Lowman built in 1965, for example, might have different appeal and maintenance needs than newer constructions. Similarly, the average parcel area on Murphy Ridge Road in Strunk being smaller than the overall Strunk average might impact its perceived value for certain buyers. Engaging with local real estate professionals who possess expertise in these specific markets can provide invaluable insights that automated tools cannot replicate, offering a more authoritative and trustworthy assessment of a property's true worth.

Navigating Property Information: What to Look For

For anyone delving into real estate, whether it's for a property like 1133 Murphy Ridge Road or any other address, accessing and interpreting detailed property information is a fundamental step. The data provided, such as the number of addresses and properties found on Murphy Ridge Road in Strunk, KY (24 addresses, 26 properties), or the average lot size on Murphy Rd in Lowman, NY (618,987 sq ft), highlights the wealth of information available. But what specific details should one prioritize, and how can they be used effectively? First and foremost, understanding who owns a property is crucial. As the data suggests, you can "select an address below to search who owns that property on Murphy Ridge Road and uncover many additional details." This includes identifying absentee owners, as seen with 1132 Murphy Ridge Road, which can inform decisions if you're considering renting or investing. Beyond ownership, comprehensive property details are essential: * **Listing details:** If a property is for sale, what are the specifics of the listing? * **Property photos:** Visuals offer immediate insight into the condition and features of a home. * **School and neighborhood data:** These are critical for families and can significantly impact property value and desirability. The character of the neighborhood, local amenities, and school ratings are often as important as the house itself. * **Sales history:** As demonstrated with 1133 Murphy Rd, Lowman, NY, knowing previous sale prices and dates provides historical context for current valuations. * **Tax history:** Understanding past property taxes helps estimate future carrying costs. * **Home value estimates:** While not definitive, tools like Zestimates offer a quick market snapshot. * **Overhead views:** Satellite imagery can reveal lot boundaries, surrounding landscape, and proximity to features like roads or natural elements. For properties like 1132 Murphy Ridge Road, Strunk, KY, details such as the lot size (37,897 square feet) and tax assessor's value ($46,000) are vital for financial planning and understanding the official assessment of the property. Accessing this information, often available through public records, county assessor's offices, or reputable real estate websites, empowers individuals to make informed decisions, ensuring trustworthiness in their real estate endeavors.

Beyond the Address: The Broader Context of "Ridge" and "Murphy" Properties

While our focus has primarily been on 1133 Murphy Ridge Road and its related properties in Lowman, NY, and Strunk, KY, it's worth noting that the names "Murphy" and "Ridge" appear in various other geographical contexts, often indicating similar characteristics or appealing to similar types of residents. This broader perspective helps to contextualize the specific data we've explored and highlights common patterns in real estate across different regions. For instance, the data mentions "Places near Lance Rd, Murphy, NC, USA," including addresses like 1022 Lance Rd, 79 Broadleaf Ln, 1133 Lance Rd, 218 Hickory Hill Ln, 30 Mountain Willow Ln, and 1523. This suggests that the name "Murphy" is associated with other residential areas, possibly with similar rural or semi-rural characteristics. Similarly, "Blue Ridge Mountains" is mentioned, which evokes images of scenic, elevated terrain, often associated with properties that offer views or a connection to nature. This aligns with the "Ridge" in "Murphy Ridge Road," suggesting a topographical feature that might define the character of the area. Another example provided is 338 Beaver Ridge Rd, Murphy NC. This single-family home, built in 2002, contains 1656 sq ft, 3 bedrooms, and 2 bathrooms. It last sold for $230,000 in August 2022, with a Zestimate of $296,800 (though decreased by $3,397 in 30 days) and a rent Zestimate of $2,115/mo. This property, also in a "Murphy" named location and featuring "Ridge" in its address, shows a significantly different market value and property profile compared to the Strunk, KY, and Lowman, NY properties. This comparison underscores that while names might be similar, local market conditions, regional economies, and specific property attributes lead to vastly different valuations. Understanding these broader patterns, even if briefly, enhances our expertise and authority in discussing real estate, showing that each "1133 Murphy Ridge Road" (or similar address) is unique in its market context.

In conclusion, the journey through the data surrounding "1133 Murphy Ridge Road" reveals a fascinating duality, pointing to distinct properties and communities in Lowman, NY, and Strunk, KY. From the specific sale history of 1133 Murphy Rd in Lowman to the comprehensive market trends and individual property details on Murphy Ridge Road in Strunk, each piece of information contributes to a holistic understanding of these unique real estate landscapes. We've explored average lot sizes, property values, household incomes, and the intricate details of specific homes like 1132 Murphy Ridge Road, highlighting the dynamic nature of property valuation and the importance of thorough research.

For anyone contemplating a real estate transaction or simply curious about property dynamics, the insights gleaned from these addresses are invaluable. They underscore the necessity of delving beyond a simple address to uncover the rich tapestry of data that defines a property's true worth and potential. Whether you're an aspiring homeowner, a seasoned investor, or a community enthusiast, understanding these nuances empowers you to make informed decisions. We encourage you to explore further, perhaps by looking up similar properties in your area, or by sharing your own experiences with property research in the comments below. Your insights contribute to a more knowledgeable and transparent real estate community. If you found this article insightful, consider sharing it with others who might benefit from a deeper dive into property data, or explore other related articles on our site for more expert real estate analysis.