Discover an incredible opportunity in Hoke County with over 47 acres of prime land situated at a bustling intersection. This expansive property holds immense potential for both retail and residential projects. With its strategic location, it offers excellent visibility and accessibility, attracting a high volume of traffic. The vast expanse of land provides ample space for various development possibilities, allowing for the creation of a vibrant retail center or a thriving residential community. Imagine the potential for a shopping complex, featuring a diverse range of stores, restaurants, and entertainment options, catering to the needs of the local community and beyond. Alternatively, envision a thoughtfully planned residential development, offering a tranquil and picturesque setting for families to build their dream homes. The possibilities are endless on this remarkable piece of land, making it a truly exceptional investment opportunity.
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: 11/17/2024, 11:50:55 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
Apr 19, 2006
Apr 19, 2006Home Sold
$6,000,000
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.
$17.5K
Per Month
Principal & Interest
$17.4K
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
$10.5K
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
2
/10
J W Mclauchlin Elementary School
326 N Main St
Distance between this listing and this school1.63 miles
Public District Grades PK-5
6
/10
Upchurch Elementary School
730 Turnpike Rd
Distance between this listing and this school1.77 miles
Public District Grades PK-5
5
/10
Hawk Eye Elementary School
4321 Old Maxton Rd
Distance between this listing and this school3.74 miles
Public District Grades PK-5
Nearby Schools
5
/10
West Hoke Middle School
200 NC 211 W
Distance between this listing and this school1.37 miles
Public District Grades 6-8
3
/10
East Hoke Middle School
4702 Fayetteville Rd
Distance between this listing and this school4.98 miles
Public District Grades 6-8
3
/10
Sandy Grove Middle School
300 Chason Rd
Distance between this listing and this school8.95 miles
Public District Grades 6-8
Nearby Schools
6
/10
Hoke County High School
505 S Bethel Rd
Distance between this listing and this school0.73 miles
Public District Grades 9-12
9
/10
Sandhoke Early College High School
1110 E Central Ave
Distance between this listing and this school2.32 miles
Public District Grades 9-12
3
/10
Red Springs High School
509 N Vance St
Distance between this listing and this school10.44 miles
The neighbors living near this home have an average income of $36,486. The most common annual income of people living in Raeford, NC is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Wallace Mclean Rd
What is the listing price of this property?
The listing price of Wallace Mclean Rd property is $3,500,000.
What type of property is this?
The property Wallace Mclean Rd is land located in Raeford, North Carolina, 28376.
Is this property for sale now?
Active Listing: Wallace Mclean Rd is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on April 19, 2006 for $6,000,000. (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 Wallace Mclean Rd in Raeford, NC and zip code 28376. This home sits on a 47.08 acre lot. It has been listed on Rocket Homes since August 08, 2023 and is currently priced at $3,500,000.
Over 17 listings were sold over their listed price in October 2024 in Raeford, NC. In the same period over 13 listings were sold below the listed price and 29 listings were sold for the listed price. The number of listings in Raeford, NC increased by 2.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $286,838, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.