NOT LISTED FOR SALE

508 Gainey Rd Raeford, NC 28376

Raeford Area

Estimated Value: $187,000 - $196,000

3 Beds
2 Baths
1,200 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2025

Last sale price $195,000 $162 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,110 / mo

35 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Eat-In Kitchen
  • Ranch Style House
  • No HOA
  • Brick Veneer

About This Home

As of June 2025

This home gives you the country setting you need, plus the seller will give you $5000 to help pay your closing costs, which means you cannot go wrong. This 1-story brick home is 25 minutes from Southern Pines and 25 minutes to the Chicken Foot gate, putting you right in the middle of everything. The home has a large living room, eat-in kitchen, 3 bedrooms, 2 bathrooms, a large bonus room, and a large deck on a private corner lot. The home is almost fully updated to include new flooring, new paint, new lighting, updated bathrooms, new carpet updated kitchen with subway tiles a d new countertops, and new appliances making it move in ready. The back deck and yard are ready for BBQ 's!

Last Agent to Sell the Property

Katrina Borges

THOMAS REAL ESTATE SERVICES License #324069 Listed on: 04/18/2025

Last Buyer's Agent

KALEB WHITE

EXP REALTY LLC License #.

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 1,200 Sq Ft Home
  • Blinds
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • West Hoke Elementary School
  • West Hoke Middle School
  • Hoke County Schools High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Raeford Subdivision

Listing and Financial Details

  • Exclusions: -none known
  • Assessor Parcel Number 384920001038
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: Refrigerator
  • Ownership: Less than a year
  • Subdivision Name: RAEFORD
  • Directions: -From Launrinburg Rd. (US 401), Right on Hector McNeill, Left onto Gainey
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Luxury Vinyl, Luxury VinylTile
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo, Window Treatments
  • Living Area: 1200.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard
  • Lot Features: 1/4 to 1/2 Acre Lot, Cleared
  • Topography: Cleared
  • Exclusions: -none known
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Corner Lot, Deck, Fence, Storage
  • Patio And Porch Features: Deck
  • Property Condition: Good Condition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: West Hoke Elementary
  • High School: Hoke County Schools
  • Middle Or Junior School: West Hoke Middle School

Lot Info

  • Parcel #: 384920001038

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
May 28, 2025
Sold by
Bought by
Seller's Agent
Katrina Borges
THOMAS REAL ESTATE SERVICES
Buyer's Agent
KALEB WHITE
EXP REALTY LLC
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Views
99
Current Estimated Value
$192,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,302
Avg. Annual Appreciation
-1.06%

Purchase Details

Closed on
Dec 13, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0599%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
0.0629%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
$70,000 None Listed On Document
-- None Available
$70,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Previous Owner $63,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Sold $195,000 -4.9% $163 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $205,000 -- $171 / Sq Ft
Source: Longleaf Pine REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $714 $71,200 $9,210 $61,990
2024 $714 $71,200 $9,210 $61,990
2023 $714 $71,200 $9,210 $61,990
2022 $702 $71,200 $9,210 $61,990
2021 $0 $62,980 $5,310 $57,670
2020 $657 $62,980 $5,310 $57,670
2019 $657 $62,980 $5,310 $57,670
2018 $657 $62,980 $5,310 $57,670
2017 $657 $62,980 $5,310 $57,670
2016 -- $62,980 $5,310 $57,670
2015 $20 $62,980 $5,310 $57,670
2014 $626 $62,980 $5,310 $57,670
2013 -- $57,320 $4,250 $53,070
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Katrina Borges

    THOMAS REAL ESTATE SERVICES

    (774) 279-0405

    225 Total Sales

    Katrina Borges
    Section Image

  • K

    Buyer's Agent in 2025

    KALEB WHITE

    EXP REALTY LLC

    (910) 286-8001

    237 Total Sales

    KALEB WHITE
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 742303

Longleaf Pine REALTORS®

APN: 384920001038

North Carolina Hoke County Raeford 28376

508 Gainey Rd, Raeford, NC

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Longleaf Pine REALTORS® 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.
Information is deemed reliable but not guaranteed.

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