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5824 Wallace St

Hope Mills, NC 28348

4 bd 2 ba 1,845 sqft Built 1975 Lot 15,246 sqft single_family
Most recent sale
$228,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $228,000 Public Record
Jun 6, 2022 Listed $215,000 MLS #685056
Aug 29, 2015 Listing removed $49,900 LongleafPineRealtors
Jul 2, 2015 Listing removed $122,000 LongleafPineRealtors
Apr 1, 2015 Listed $122,000 MLS #440872
Nov 26, 2008 Sold $116,500 Public Record
Feb 12, 2008 Listed $49,900 MLS #307315

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,630 $28,000 $162,630 $2,749
2024 $100,802 $14,000 $114,802 $2,035
2023 $100,802 $14,000 $114,802 $1,925
2022 $88,666 $14,000 $102,666 $1,666
2021 $88,666 $14,000 $102,666 $1,630
2020 $88,666 $14,000 $102,666 $1,623
2019 $83,400 $14,000 $97,400 $1,619
2018 $83,400 $14,000 $97,400 $1,594
2017 $83,400 $14,000 $97,400 $1,595
2016 $86,200 $14,000 $100,200 $1,565
2015 $83,000 $14,000 $97,000 $1,525
2014 $83,000 $14,000 $97,000 $1,525
2013 $83,000 $14,000 $97,000 $1,486
2012 $83,000 $14,000 $97,000 $1,462
2011 $83,000 $14,000 $97,000 $1,462
2010 $83,000 $14,000 $97,000 $1,438
2009 $83,000 $14,000 $97,000 $1,434
2007 $64,500 $11,000 $75,500 $1,241

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,845 sqft
Lot size
15,246 sqft
ZIP code
28348
City
Hope Mills
Street
Wallace St
Coordinates
34.97210, -78.96412

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,491
Gross rental yield
13.11%
Implied cap rate
8.52%
Trend-extrapolated value

Frequently asked questions

When did 5824 Wallace St last sell?
5824 Wallace St most recently sold on Jul 22, 2022 for $228,000.
What is the current tax assessment for 5824 Wallace St?
The most recent total assessment for 5824 Wallace St (year 2025) is $162,630 with $2,749 in property tax.
How does 5824 Wallace St's assessment compare to its last sale price?
The current assessment is 28.7% below the last sale price of $228,000.
When was 5824 Wallace St built?
5824 Wallace St was built in 1975.
How does 5824 Wallace St compare to others on Wallace St?
We do not currently track other properties on Wallace St.
What are the property facts for 5824 Wallace St?
5824 Wallace St is a 4 bed, 2 bath, 1,845 sqft, 15,246 sqft lot single_family.
Is 5824 Wallace St a flip candidate?
No — 5824 Wallace St does not appear in our flips dataset.
Is 5824 Wallace St a tax-appeal candidate?
No — 5824 Wallace St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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