5340 Old Railroad Way
Hope Mills, NC 28348
5 bd 2 ba 2,285 sqft Built 1999 single_family
Most recent sale
$246,500
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2022 | Sold | $246,500 | Public Record |
| May 24, 2022 | Listed | $246,500 | MLS #LP685039 |
| May 19, 2022 | Listed | $246,500 | MLS #685039 |
| Jun 2, 1999 | Sold | $119,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $201,814 | $35,000 | $236,814 | $3,106 |
| 2024 | $141,697 | $20,000 | $161,697 | $2,103 |
| 2023 | $141,697 | $20,000 | $161,697 | $1,990 |
| 2022 | $141,293 | $20,000 | $161,293 | $2,521 |
| 2021 | $141,293 | $20,000 | $161,293 | $2,485 |
| 2020 | $141,293 | $20,000 | $161,293 | $2,477 |
| 2019 | $142,700 | $20,000 | $162,700 | $2,473 |
| 2018 | $142,700 | $20,000 | $162,700 | $2,449 |
| 2017 | $142,700 | $20,000 | $162,700 | $2,449 |
| 2016 | $144,700 | $20,000 | $164,700 | $2,370 |
| 2015 | $144,700 | $20,000 | $164,700 | $2,370 |
| 2014 | $144,700 | $20,000 | $164,700 | $2,370 |
| 2013 | $144,700 | $20,000 | $164,700 | $2,304 |
| 2012 | $144,700 | $20,000 | $164,700 | $2,280 |
| 2011 | $144,700 | $20,000 | $164,700 | $2,280 |
| 2010 | $144,700 | $20,000 | $164,700 | $2,256 |
| 2009 | $144,700 | $20,000 | $164,700 | $2,250 |
| 2007 | $108,600 | $17,000 | $125,600 | $1,937 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,285 sqft
Lot size
—
ZIP code
28348
City
Hope Mills
Street
Old Railroad Way
Coordinates
34.96022, -78.96080
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,479
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5340 Old Railroad Way last sell?
5340 Old Railroad Way most recently sold on Jul 6, 2022 for $246,500.
What is the current tax assessment for 5340 Old Railroad Way?
The most recent total assessment for 5340 Old Railroad Way (year 2025) is $236,814 with $3,106 in property tax.
How does 5340 Old Railroad Way's assessment compare to its last sale price?
The current assessment is 3.9% below the last sale price of $246,500.
When was 5340 Old Railroad Way built?
5340 Old Railroad Way was built in 1999.
How does 5340 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 5340 Old Railroad Way?
5340 Old Railroad Way is a 5 bed, 2 bath, 2,285 sqft single_family.
Is 5340 Old Railroad Way a flip candidate?
No — 5340 Old Railroad Way does not appear in our flips dataset.
Is 5340 Old Railroad Way a tax-appeal candidate?
No — 5340 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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