5241 Old Railroad Way
Hope Mills, NC 28348
3 bd 2 ba 1,833 sqft Built 2001 Lot 12,197 sqft single_family
Most recent sale
$225,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 19, 2022 | Sold | $225,000 | Public Record |
| Sep 16, 2022 | Sold | $225,000 | LongleafPineRealtors |
| Aug 9, 2022 | Listed | $209,995 | MLS #690302 |
| Aug 28, 2015 | Listing removed | $146,000 | LongleafPineRealtors |
| Jun 11, 2008 | Sold | $142,000 | Public Record |
| Dec 13, 2007 | Listed | $146,000 | MLS #304491 |
| Jan 14, 2005 | Sold | $129,000 | Public Record |
| Jul 31, 2001 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $152,959 | $35,000 | $187,959 | $3,133 |
| 2024 | $114,078 | $20,000 | $134,078 | $2,274 |
| 2023 | $114,078 | $20,000 | $134,078 | $2,155 |
| 2022 | $111,966 | $20,000 | $131,966 | $1,486 |
| 2021 | $111,966 | $20,000 | $131,966 | $1,449 |
| 2020 | $111,966 | $20,000 | $131,966 | $1,442 |
| 2019 | $108,600 | $20,000 | $128,600 | $2,027 |
| 2018 | $108,600 | $20,000 | $128,600 | $2,003 |
| 2017 | $108,600 | $20,000 | $128,600 | $2,003 |
| 2016 | $120,100 | $20,000 | $140,100 | $2,063 |
| 2015 | $120,100 | $20,000 | $140,100 | $2,063 |
| 2014 | $120,100 | $20,000 | $140,100 | $2,063 |
| 2013 | $120,100 | $20,000 | $140,100 | $2,007 |
| 2012 | $120,100 | $20,000 | $140,100 | $1,983 |
| 2011 | $120,100 | $20,000 | $140,100 | $1,983 |
| 2010 | $120,100 | $20,000 | $140,100 | $1,959 |
| 2009 | $120,100 | $20,000 | $140,100 | $1,954 |
| 2007 | $96,900 | $17,000 | $113,900 | $1,775 |
Property facts
Year built
2001
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,833 sqft
Lot size
12,197 sqft
ZIP code
28348
City
Hope Mills
Street
Old Railroad Way
Coordinates
34.96024, -78.95822
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,475
Gross rental yield
13.20%
Implied cap rate
8.58%
Trend-extrapolated value
—
Frequently asked questions
When did 5241 Old Railroad Way last sell?
5241 Old Railroad Way most recently sold on Sep 19, 2022 for $225,000.
What is the current tax assessment for 5241 Old Railroad Way?
The most recent total assessment for 5241 Old Railroad Way (year 2025) is $187,959 with $3,133 in property tax.
How does 5241 Old Railroad Way's assessment compare to its last sale price?
The current assessment is 16.5% below the last sale price of $225,000.
When was 5241 Old Railroad Way built?
5241 Old Railroad Way was built in 2001.
How does 5241 Old Railroad Way compare to others on Old Railroad Way?
We track 8 other properties on Old Railroad Way. Browse the list under "Other properties on Old Railroad Way" to compare beds, baths, and sale history.
What are the property facts for 5241 Old Railroad Way?
5241 Old Railroad Way is a 3 bed, 2 bath, 1,833 sqft, 12,197 sqft lot single_family.
Is 5241 Old Railroad Way a flip candidate?
No — 5241 Old Railroad Way does not appear in our flips dataset.
Is 5241 Old Railroad Way a tax-appeal candidate?
No — 5241 Old Railroad Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$299.3K
2026 Q4
$302.3K
ZIP 28348 — Median Price History + Forecast
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