5226 Old Railroad Way Hope Mills, NC 28348
South View NeighborhoodEstimated Value: $244,000 - $280,982
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                2,179
                Sq Ft
            
            
                
                    $122/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5226 Old Railroad Way, Hope Mills, NC 28348 and is currently estimated at $266,246, approximately $122 per square foot. 5226 Old Railroad Way is a home located in Cumberland County with nearby schools including Rockfish Elementary, Hope Mills Middle, and South View High.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 17, 2020
            
        
                Sold by
            
            
                Choe Soyon and Boney David Ely
            
        
                Bought by
            
            
                Boney Soyon Choe and Boney David Ely
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $134,300
            
        
                Outstanding Balance
            
            
                $119,309
            
        
                Interest Rate
            
            
                3.2%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $146,937
            
        Purchase Details
                Closed on
            
            
                Aug 17, 2009
            
        
                Sold by
            
            
                Hawkins Jeffrey L
            
        
                Bought by
            
            
                Boney David Ely
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $148,500
            
        
                Interest Rate
            
            
                5.19%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Oct 6, 2003
            
        
                Sold by
            
            
                Ray Rouse Construction Co
            
        
                Bought by
            
            
                Hawkins Jeffrey L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $147,805
            
        
                Interest Rate
            
            
                6.28%
            
        
                Mortgage Type
            
            
                VA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Boney Soyon Choe | -- | None Available | |
| Boney David Ely | $165,000 | -- | |
| Hawkins Jeffrey L | $143,500 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Boney Soyon Choe | $134,300 | |
| Closed | Boney David Ely | $148,500 | |
| Previous Owner | Hawkins Jeffrey L | $147,805 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| 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 | 
|---|---|---|---|---|
| 2024 | $3,628 | $164,800 | $20,000 | $144,800 | 
| 2023 | $2,621 | $164,800 | $20,000 | $144,800 | 
| 2022 | $2,438 | $164,800 | $20,000 | $144,800 | 
| 2021 | $2,401 | $164,800 | $20,000 | $144,800 | 
| 2019 | $2,390 | $156,300 | $20,000 | $136,300 | 
| 2018 | $2,366 | $156,300 | $20,000 | $136,300 | 
| 2017 | $2,366 | $156,300 | $20,000 | $136,300 | 
| 2016 | $2,446 | $170,700 | $20,000 | $150,700 | 
| 2015 | $2,446 | $170,700 | $20,000 | $150,700 | 
| 2014 | $2,446 | $170,700 | $20,000 | $150,700 | 
                Source: Public Records
                    
            
        Map
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