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5602 Walking Trail Way

5602 Walking Trail Way, Hope Mills, NC 28348
Sold Jun 16, 2020
$204,000
$200,305 by Certainty Home Loans Llc
Mortgage Due Jul 01, 2050
Sold Jul 12, 2018
$199,000
$195,395 by Fairway Independent Mortgage C
Mortgage
Local assessors in Hope Mills, NC have categorized 5602 Walking Trail Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 744 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5602 Walking Trail Way has a total of 1,854 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 586 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a vent heater is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5602 Walking Trail Way was last sold in Jun 6, 2020 for $204,000. According to our calculations, that's $110.03 per sqft. Prior to that sales transaction, the property was sold for $199,000 in Jul 12, 2018. Current property owners are expected to pay $1,909 in taxes per year. The property on 5602 Walking Trail Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,155. To break that down further, the land itself was valued at $26,000. While improvements to the property were assessed at a total of $148,155. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 586
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 744
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 1,854
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIDLEWOOD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIDLEWOOD LO147 SE02 PL0103-0113

Ownership

  • Current Owner : COVETT RYAN ANDREW
  • Current Owner 2: COVETT VALERIE ANN
  • Previous Owner : SAVAGE CHIP
  • Previous Owner 2: SAVAGE JENNIFER
  • Owner Before Previous Owner: MONEY JAMES
  • Owner Before Previous Owner 2: MONEY TERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • School Tax School District: 0011-FIRE-SERV-
  • Census Tract: 003003

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: PB 103 PG 113
  • Section: 2
  • Parcel: 0422-57-9311
  • Block: 57
  • Lot: 147
  • Latitude: 34.924
  • Longitude: -78.9135

    Address

  • Full Address: 5602 Walking Trail Way
  • Address - House Number: 5602
  • Address - Street Name: Walking Trail
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Hope Mills
  • Carrier Code: R016
  • 4-Digit Zip Code: 8615
  • Zip Code: 28348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,909
  • Tax Rate Code Area: 0011

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 295,166
  • High Value: 350,221
  • Low Value: 240,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,305
  • First Open Lien Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $200,305
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $174,155
  • Market Land Value: $26,000
  • Market Improvement Value: $148,155

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,155
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $148,155

    Sales

  • Current Sale Contract Date: Jun 06, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11769611526
  • Current Sale Price: $204,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20670
  • Previous Sale Recording Date: Jul 12, 2018
  • Previous Sale Contract Date: Jul 12, 2018
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $200,305
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Jul 12, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $195,395
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Gray's Creek



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Frequently Asked Questions

What neighborhood is 5602 Walking Trail Way located in?
The 5602 Walking Trail Way is a house located in the neighborhood of Gray's Creek in Gray's Creek, Hope Mills.
What is the average sales price for listings in 5602 Walking Trail Way?
The average sales price for units in 5602 Walking Trail Way is $0 currently.

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