NOT LISTED FOR SALE

5300 Ole Cypress Springs Rd Hope Mills, NC 28348

Grays Creek Neighborhood

Estimated Value: $256,000 - $406,390

4 Beds
3 Baths
2,426 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $380,000 $157 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,979/month

5 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Corner Lot
  • 2 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2023

This very beautiful unique home is located on a private road, on a corner lot that sits on 2 acres, includes a huge front porch, porch swing, a fenced in yard with an in-ground POOL! It is a 4 BR/3 BA, has a beautiful Carolina Room, including a covered and uncovered patio in the back! Heart wood pine floors were just redone a couple months ago! Master bedroom is located on the ground floor, it features two walk in closets, a tub and stand up shower! This home is ready for you to make many memories and entertain all summer long! It is also close to Cypress Lakes Golf and only minutes from Dirtbag Ales!

Last Agent to Sell the Property

PERRY AND ASSOCIATES

RE/MAX CHOICE License #. Listed on: 05/04/2023

Co-Listed By

MAYRA PERRY

RE/MAX CHOICE License #333567

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1986

Lot Details

  • 2 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned A1 - Agricultural Distric

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Well
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0432-29-0577

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential
  • Co List Office Phone: 619-554-4820
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Pool Features In Ground: Yes
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 87120.0
  • General Property Information Building Project Name3: Update 5/7/2023: We are in a multiple offer situation, deadline is Monday 5/8 at noon!Since home is on a well, this home has a water filter all throughout the home. Seller stated that they were not required to perform a GEN-X test when they purchased the home due to filter. Filter was installed by the city years ago. It also includes a $25/month Agreement for road maintenance ONLY. Road maintenanc
  • General Property Information Lot Size Acres: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Room Combination, Primary Downstairs, Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Range Hood, Refrigerator, Washer/Dryer, Water Purifier
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Masonry: Yes
  • Appliances:Water Purifier: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Storage
  • Fencing: Fenced
  • Acres: 2.0
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Covered, Patio
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Association/Amenities

  • General Property Information:Association Name: N/A
  • General Property Information:Association YN: No

Lot Info

  • Zoning: A1 - Agricultural Distric
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0432-29-0577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 2, 2023
Sold by
Mcquinn Alba Paola and Stuart Lee
Bought by
Ellington Aaron B and Ellington Kimberly Noel
Seller's Agent
PERRY AND ASSOCIATES
RE/MAX CHOICE
List Price
$360,000
Sold Price
$380,000
Premium/Discount to List
$20,000
5.56%
Views
18
Current Estimated Value
$344,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,273
Avg. Annual Appreciation
-2.92%
Original Mortgage
$373,000
Outstanding Balance
$363,099
Interest Rate
6.43%
Mortgage Type
VA
Estimated Equity
-$9,001

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 8, 2021
Sold by
Velazquez Raul A and Velazquez Ivette
Bought by
Mcquinn Alba Paola and Mcquinn Stuart Lee
Seller's Agent
GABE (GABRIEL) CARR
KELLER WILLIAMS REALTY (FAYETTEVILLE)
List Price
$306,000
Sold Price
$310,000
Premium/Discount to List
$4,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%
Original Mortgage
$317,130
Interest Rate
3.09%
Mortgage Type
VA

Purchase Details

Closed on
Aug 1, 2019
Sold by
Mcbride Andrea B
Bought by
Velazquez Raul A and Velazquez Ivette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2004
Sold by
Miller Carol H
Bought by
Mcbride Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ellington Aaron B $380,000 None Listed On Document
Mcquinn Alba Paola $310,000 None Available
Mcquinn Alba Paola $620 None Listed On Document
Velazquez Raul A $204,000 Single Source Real Est Svcs
Mcbride Robert S $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellington Aaron B $373,000
Previous Owner Mcquinn Alba Paola $317,130
Previous Owner Velazquez Raul A $164,000
Previous Owner Mcbride Robert S $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $380,000 +5.6% $157 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $360,000 +16.1% $148 / Sq Ft
12/16/2021 12/16/21 Sold $310,000 +1.3% $128 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $306,000 -- $126 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $2,056 $182,703 $35,000 $147,703
2023 $1,650 $187,060 $35,000 $152,060
2022 $2,013 $183,331 $35,000 $148,331
2021 $2,013 $183,331 $35,000 $148,331
2019 $2,013 $195,900 $35,000 $160,900
2018 $1,940 $195,900 $35,000 $160,900
2017 $1,940 $195,900 $35,000 $160,900
2016 $1,986 $214,700 $35,000 $179,700
2015 $1,986 $214,700 $35,000 $179,700
2014 $1,986 $214,700 $35,000 $179,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    PERRY AND ASSOCIATES

    RE/MAX CHOICE

  • MAYRA PERRY

    Seller Co-Listing Agent in 2023

    MAYRA PERRY

    RE/MAX CHOICE

    (860) 308-3711

    3 in this area

    88 Total Sales

    MAYRA PERRY
    Section Image

  • G

    Seller's Agent in 2021

    GABE (GABRIEL) CARR

    KELLER WILLIAMS REALTY (FAYETTEVILLE)

    Section Image
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Map

Source: Doorify MLS

MLS Number: LP703780

Doorify MLS

APN: 0432-29-0577

North Carolina Cumberland County Hope Mills 28348 Grays Creek

5300 Ole Cypress Springs Rd, Hope Mills, NC

This home is located at 5300 Ole Cypress Springs Rd, Hope Mills, NC 28348 since 04 May 2023 and is currently estimated at $354,098, approximately $145 per square foot. This property was built in 1986. 5300 Ole Cypress Springs Rd is a home located in Cumberland County with nearby schools including Alderman Road Elementary, Gray's Creek Middle School, and Gray's Creek High School.

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