Stunning 0.74-acre lot located in the well-established neighborhood of Mt Vernon Estates, within the Grays Creek School District. This lot offers the benefits of neighborhood covenants without the constraints of an HOA. Perc test results are available.
Property Details
Property Features
Listing Office:
Office Name: KMCKOY REALTY
Office Phone: (910) 551-4125
Listing Agent: KIMBERLY MCKOY
Lot Features
Lot Information:
Lot: Level, Rolling/Hilly, Wooded
Lot Size: 0.74 Acres
Other
Directions Information:
Directions: Google Maps : take 87 S to County Line Rd in Grays Creek ~ (R) on County Line Rd ~ (R) on Governors Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $47,717
Tax Information:
Annual Amount: $350
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hope Mills, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 10:21:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 25, 2017
May 25, 2017Home Sold
$22,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$350
$35,000
2019
$350
$35,000
2018
$337
$35,000
2017
$226
$35,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$306
Per Month
Principal & Interest
$239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$210
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Gray's Creek Elementary School
2964 School Rd
Distance between this listing and this school2.87 miles
Public District Grades PK-5
5
/10
Alderman Road Elementary School
2860 Alderman Rd
Distance between this listing and this school3.32 miles
Public District Grades PK-5
7
/10
Gallberry Farm Elementary School
8019 Byerly Dr
Distance between this listing and this school5.23 miles
Public District Grades PK-5
Nearby Schools
7
/10
Gray's Creek Middle School
5151 Celebration Dr
Distance between this listing and this school3.00 miles
Public District Grades 6-8
4
/10
Saint Pauls Middle School
526 W Shaw St
Distance between this listing and this school6.06 miles
Public District Grades 5-8
4
/10
Parkton Elementary School
400 Green St
Distance between this listing and this school8.05 miles
Public District Grades PK-8
Nearby Schools
5
/10
Gray's Creek High School
5301 Celebration Dr
Distance between this listing and this school5.15 miles
Public District Grades 9-12
5
/10
Saint Pauls High School
648 N Old Stage Rd
Distance between this listing and this school5.98 miles
Public District Grades 9-12
3
/10
South View High School
4184 Elk Rd
Distance between this listing and this school9.29 miles
The neighbors living near this home have an average income of $81,031. Typical income of Hope Mills, NC residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8540 Governors Ln
What is the listing price of this property?
The listing price of 8540 Governors Ln property is $47,717.
What type of property is this?
The property 8540 Governors Ln is land located in Hope Mills, North Carolina, 28348.
Is this property for sale now?
Active Listing: 8540 Governors Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $350 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 25, 2017 for $22,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8540 Governors Ln in Hope Mills, NC and zip code 28348 in the Gray's Creek neighborhood. This home sits on a 0.74 acre lot. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $47,717.
In November 2024 more than 7 listings in Hope Mills, NC were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 9 were sold below. Between October 2024 and November 2024, Hope Mills, NC real estate market has seen decrease in the number of listings by 19.6%. Listings spent 37 days on the market in November 2024, and had a median list price of $277,933 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Hunting
Hunting
NASCAR
Pro Wrestling
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country