At Home in Fayetteville NC

$271,800
9248 E Reeves Bridge Road, Linden NC 28356
3 Bedroom
3 1/2 Bath
Over 10 acres

Call Steve McDowell
Speciality Properties
910-391-6092

$7,500 Housing and Economic Recovery Act

First of all you need to check with you tax adviser to see if you qualify for this credit.

Certain rules apply: Only the purchase of a main home located in the U.S. qualifies and only for a limited time.
Vacation homes and rental property aren't eligible. You must buy the home after April 8, 2008, and before July 1, 2009. For a home you build, the purchase date is the first date you occupy the home.

Taxpayers who owned a main home at any time during the 3 years prior to the date of purchase aren't eligible for the credit. This means that first-time home buyers and those who have not owned a home in the 3 years prior to a purchase can qualify for the credit.

Currently the credit is 10% of the purchase price of the home, with a maximum available credit of $7,500 for either a single taxpayer or a married couple filing jointly. The limit is $3,750 for a married person filing a separate return. In most cases, the full credit will be available for homes costing $75,000 or more.

**Important note: Whatever the size of the credit a taxpayer receives, the credit must be repaid over a 15-year period.

Income Limits Apply

The credit is reduced or eliminated for higher-income taxpayers. The credit is phased out based on your modified adjusted gross income (MAGI). MAGI is your adjusted gross income plus various amounts excluded from income (i.e. foreign income). For a married couple filing a joint return, the phase-out range is $150,000 to $170,000. For other taxpayers, the phase-out range is $75,000 to $95,000. This means the full credit is available for married couples filing a joint return whose MAGI is $150,000 or less and for other taxpayers whose MAGI is $75,000 or less.

Dis-qualifiers:

If any of the following describe you, you can't take the credit:

• Your income exceeds the phase-out range. This means joint filers with MAGI of $170,000 and above and other taxpayers with MAGI of $95,000 and above.


• You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild.


• You stop using your home as your main home.


• You sell your home before the end of the year.


• You are a nonresident alien.


• You are, or were, eligible to claim the District of Columbia first-time home buyer credit for any taxable year.


• Your home financing comes from tax-exempt mortgage revenue bonds.


• You owned another main home at any time during the three years prior to the date of purchase. For example, if you bought a home on July 1, 2008, you cannot take the credit for that home if you owned, or had an ownership interest in, another main home at any time from July 2, 2005, through July 1, 2008.
  

Your credit is similar to a 15-year interest-free loan. Normally, it's repaid in 15 equal annual installments beginning with the second tax year after the year the credit is claimed. The repayment amount is included as an additional tax on the taxpayer's income tax return for that year.

Again, other exceptions apply so you need to ask your tax adviser if this tax credit is right for you.

? What happens if you stop using the home as your main home.
? What happens if you sell your home.
? What happens if you transfer your home to your spouse, or, as part of a divorce settlement, to your former spouse.

Fayetteville, Realtor of Choice

Steve McDowell

Welcome to Hope Mills NC 28348

I put this together from different sources in an attempt to answer so many of the questions newcomers have moving/interested in my favorite town. If you have additional questions or need assistance please contact me. Steve McDowell 910-391-6092


Hope Mills, North Carolina


Population (year 2000): 11,237.

Estimated population in July 2006: 12,630 (+12.4% change)
Males: 5,336 (47.5%)
Females: 5,901 (52.5%)

Cumberland County

Median resident age: 30.6 years
North Carolina median age: 35.3 years

Zip codes: 28348.

Estimated median household income in 2005: $42,500 (it was $40,697 in 2000)
Hope Mills $42,500

North Carolina:
$40,729
Estimated median house/condo value in 2005: $91,300 (it was $85,100 in 2000)

Hope Mills $91,300
North Carolina: $127,600

Ancestries: United States (13.8%), German (12.3%), Irish (9.9%), English (7.3%), Scotch-Irish (4.2%), Italian (3.4%).

Population density: 2082 people per square mile (low).

For population 25 years and over in Hope Mills

High school or higher: 87.7%
Bachelor's degree or higher: 15.0%
Graduate or professional degree: 3.4%
Unemployed: 4.7%
Mean travel time to work: 26.0 minutes
For population 15 years and over in Hope Mills town
Never married: 21.5%
Now married: 60.7%
Separated: 3.2%
Widowed: 4.8%
Divorced: 9.8%

463 residents are foreign born (1.6% Latin America, 1.3% Europe, 1.1% Asia).
This town: 4.1%
North Carolina: 5.3%

Median real estate property taxes paid for housing units in 2000:
Hope Mills: 1.2% ($1,017)
North Carolina: 0.8% ($826)

Nearest city with pop. 50,000+: Fayetteville, NC (7.2 miles, pop. 121,015).
Nearest city with pop. 200,000+: Raleigh, NC (62.5 miles, pop. 276,093).
Nearest city with pop. 1,000,000+: Philadelphia, PA (435.3 miles, pop. 1,517,550).
Nearest cities: Parkton, NC (6.0 miles), Fayetteville, NC (7.2 miles), Rockfish, NC (7.7 miles), Lumber Bridge, NC (9.6 miles) , Rex, NC (10.3 miles) , St. Pauls, NC (11.4 miles), Fort Bragg, NC (12.0 miles), Vander, NC (12.1 miles).

Single-family new house construction building permits:
1996: 177 buildings, average cost: $58,000
1997: 187 buildings, average cost: $71,200
1998: 142 buildings, average cost: $78,600
1999: 81 buildings, average cost: $82,700
2000: 70 buildings, average cost: $85,200
2001: 77 buildings, average cost: $105,200
2002: 126 buildings, average cost: $143,500
2003: 201 buildings, average cost: $157,600
2004: 181 buildings, average cost: $145,600
2005: 133 buildings, average cost: $135,400
2006: 147 buildings, average cost: $128,900
2007: 84 buildings, average cost: $118,800

Average household size:
This town: 2.7 people
North Carolina: 2.5 people

Percentage of family households:
This town: 75.6%
Whole state: 68.9%

Percentage of households with unmarried partners:
This town: 5.3%
Whole state: 4.6%

Residents with income below the poverty level in 1999:
This town: 7.8%
Whole state: 12.3%

Residents with income below 50% of the poverty level in 1999:
This town: 2.0%
Whole state: 5.5%

Full-time Law Enforcement Employees in 2006: 41 (30 officers).
Officers per 1,000 residents here: 2.37
US city average: 3.00

Hospitals/medical centers near Hope Mills:
BEHAVORIAL HEALTH OF CAPE FEAR VALLEY (about 5 miles; FAYETTEVILLE, NC)
CAPE FEAR VALLEY MEDICAL CENTER (about 5 miles; FAYETTEVILLE, NC)
FAYETTEVILLE SPECIALTY HOSPITAL (about 14 miles; FAYETTEVILLE, NC)

Airports certified for carrier operations nearest to Hope Mills:

FAYETTEVILLE REGIONAL/GRANNIS FIELD (about 7 miles; FAYETTEVILLE, NC; ID: FAY)
POPE AFB (about 14 miles; FAYETTEVILLE, NC; ID: POB)
MOORE COUNTY (about 35 miles; PINEHURST/SOUTHERN PINES, NC; ID: SOP)
Other public-use airports nearest to Hope Mills:
GRAYS CREEK (about 11 miles; FAYETTEVILLE, NC; ID: 2GC)
P K AIRPARK (about 16 miles; RAEFORD, NC; ID: 5W4)
LUMBERTON MUNI (about 27 miles; LUMBERTON, NC; ID: LBT)

Amtrak station near Hope Mills:
8 miles: FAYETTEVILLE (472 HAY ST.). Services: ticket office, partially wheelchair accessible, enclosed waiting area, public restrooms, public payphones, free short-term parking, call for taxi service.

Local government website: TOWNOFHOPEMILLS.COM

Colleges/universities with over 2000 students nearest to Hope Mills:
FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE (about 8 miles; FAYETTEVILLE, NC; Full-time enrollment: 4,815)
FAYETTEVILLE STATE UNIVERSITY (about 14 miles; FAYETTEVILLE, NC; FT enrollment: 3,506)
UNIVERSITY OF NORTH CAROLINA AT PEMBROKE (about 22 miles; PEMBROKE, NC; FT enrollment: 2,806)
CAMPBELL UNIVERSITY INC (about 34 miles; BUIES CREEK, NC; FT enrollment: 5,286)
CENTRAL CAROLINA COMMUNITY COLLEGE (about 38 miles; SANFORD, NC; FT enrollment: 2,400)
WAKE TECHNICAL COMMUNITY COLLEGE (about 56 miles; RALEIGH, NC; FT enrollment: 4,754)
SHAW UNIVERSITY (about 60 miles; RALEIGH, NC; FT enrollment: 2,299)

Public high schools in Hope Mills:
Gray's Creek High (Location: 5301 Celebration Drive; Grades: 9 - 12)
South View High (Location: 4184 Elk Road; Grades: 9 - 12)

Public elementary/middle schools in Hope Mills:
C Wayne Collier Elem (Location: 3522 Sturbridge Drive; Grades: PK - 5)
Gallberry Farm Elem (Location: 8019 Byerly Drive; Grades: 0K - 5)
Hope Mills Middle (Location: 4975 Cameron Road; Grades: 6 - 8)
Gray's Creek Middle (Location: 2964 School Road; Grades: 6 - 8;)
South View Middle (Location: 4100 Elk Road; Grades: 6 - 8; Our rating:)
Rockfish Elementary (Location: 5763 Rockfish Road; Grades: 0K - 5;)
Ed V Baldwin Elem (Location: 4441 Legion Road; Grades: PK - 5;)

Private elementary/middle school in Hope Mills:
CH. OF GOD OF PROPHECY CHR SCH (Students: 76; Location: 2936 LEGION RD; Grades: KG - 4)

Drinking water stations with addresses in Hope Mills and their reported violations in the past:

FIRST UNITED BAPT CH GRAYS CK (Population served: 125, Groundwater):
Past monitoring violations:
2 routine major monitoring violations

JESUS FIRST CHURCH (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between AUG-21-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between AUG-10-2004 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between MAY-07-2003 and DEC-31-2025, Contaminant: Public Notice
9 routine major monitoring violations

GRAYS CREEK RESTAURANT (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between MAY-18-2004 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-29-2004 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between MAY-07-2003 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-22-2003 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-16-2003 and DEC-31-2025, Contaminant: Public Notice
16 routine major monitoring violations
3 regular monitoring violations
2 other older monitoring violations

FAITH BAPTIST CHURCH (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between NOV-20-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between MAY-07-2003 and DEC-31-2025, Contaminant: Public Notice
9 routine major monitoring violations
2 regular monitoring violations

GRAY`S CREEK CHURCH OF GOD (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between MAY-10-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between APR-02-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-16-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between NOV-10-2004 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between AUG-10-2004 and DEC-31-2025, Contaminant: Public Notice
11 routine major monitoring violations
5 regular monitoring violations
2 other older monitoring violations

GRAY`S CREEK CONVENIENT MART (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between NOV-20-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between MAY-10-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between APR-02-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-16-2005 and DEC-31-2025, Contaminant: Public Notice
Other Non-NPDWR Potential Health Risks - Between FEB-10-2004 and DEC-31-2025, Contaminant: Public Notice
11 routine major monitoring violations
6 regular monitoring violations
3 other older monitoring violations

MARS HILL PRESBYTERIAN CHURCH (Population served: 25, Groundwater):
Past monitoring violations:
4 routine major monitoring violations
4 regular monitoring violations
FED EX FREIGHT (Population served: 25, Groundwater):
Past monitoring violations:
Other Non-NPDWR Potential Health Risks - Between AUG-19-2002 and DEC-31-2025, Contaminant: Public Notice
Monitoring, Repeat Major (TCR) - In JUN-2001, Contaminant: Coliform (TCR). Follow-up actions: St Formal NOV issued (AUG-08-2001), St Public Notif requested (AUG-08-2001), St Compliance achieved (FEB-28-2002)
3 routine major monitoring violations
One minor monitoring violation

Drinking water stations with addresses in Hope Mills that have no violations reported:
FANTASY LAKE INC (Population served: 25, Primary Water Source Type: Groundwater)


Banks with branches in Hope Mills (2007 data):

Branch Banking and Trust Company: Hope Mills Branch at 3618 North Main Street, branch established on 1961-06-29. Info updated 2007-01-23: Bank assets: $117,134.1 mil, Deposits: $83,585.1 mil, headquarters in Winston Salem, NC, positive income, Commercial Lending Specialization, 1480 total offices, Holding Company: Bb&T Corporation

The Fort Sill National Bank: Fsnb - Hope Mills Walmart Branch at 3030 N. Main Street, branch established on 1997-07-01. Info updated 2006-11-03: Bank assets: $277.8 mil, Deposits: $227.3 mil, headquarters in Fort Sill, OK, positive income, 36 total offices, Holding Company: J. R. Montgomery Bancorporation

First South Bank: Hope Mills Branch at 3103 North Main Street, branch established on 2003-07-14. Info updated 2006-11-03: Bank assets: $908.4 mil, Deposits: $804.3 mil, headquarters in Washington, NC, positive income, Commercial Lending Specialization, 26 total offices, Holding Company: First South Bancorp, Inc.

Lumbee Guaranty Bank: Hope Mills Branch at 3500 North Main Street, branch established on 1986-10-06. Info updated 2006-11-03: Bank assets: $194.5 mil, Deposits: $164.3 mil, headquarters in Pembroke, NC, positive income, Commercial Lending Specialization, 11 total offices

First-Citizens Bank & Trust Company: Hope Mills Branch at 3626 North Main Street, branch established on 1974-11-19. Info updated 2006-07-11: Bank assets: $13,326.8 mil, Deposits: $11,030.1 mil, headquarters in Raleigh, NC, positive income, Commercial Lending Specialization, 339 total offices, Holding Company: First Citizens Bancshares, Inc.


Hope Mills government finances in 2002:

Charges - Solid Waste Management: $507,000
Parks & Recreation: $21,000
All Other: $11,000
Construction - General Public Buildings: $11,000
Current Operations - Police Protection: $1,508,000
Regular Highways: $833,000
Fire Protection: $682,000
Solid Waste Management: $428,000
Central Staff Services: $385,000
General - Other: $312,000
Financial Administration: $264,000
Parks & Recreation: $259,000
General Public Buildings: $221,000
Protective Inspection and Regulation, NEC: $68,000
Health Services - Other: $34,000
Judicial and Legal Services: $12,000
Federal Intergovernmental - All Other: $94,000
General - Interest on Debt: $77,000
Local Intergovernmental - General Support: $1,415,000
Long Term Debt Beginning Outstanding, NEC: $1,112,000
Long Term Debt Outstanding Nonguaranteed - Other, NEC: $1,043,000
Long Term Debt Retired Unspecified - Other, NEC: $69,000
Miscellaneous - Interest Earnings: $91,000
Rents: $62,000
General Revenue, NEC: $46,000
Other Capital Outlay - Police Protection: $53,000
Regular Highways: $37,000
Solid Waste Management: $14,000
Fire Protection: $6,000
Financial Administration: $6,000
General Public Building: $5,000
Central Staff: $4,000
Parks & Recreation: $4,000
General - Other: $3,000
Other Funds - Cash & Deposits: $3,229,000
State Intergovernmental - Highways: $378,000
General Support: $200,000
All Other: $28,000
Tax - Property: $1,912,000
NEC: $224,000
Motor Vehicle License: $44,000
Total Salaries & Wages: $2,573,000

12.67% of this county's 2006 resident taxpayers lived in other counties in 2005 ($28,102 average adjusted gross income)
Here: 12.67%
North Carolina average: 8.53%

0.98% of residents moved from foreign countries ($2,328 average AGI)
Cumberland County: 0.98%
North Carolina average: 0.17%

Top counties from which taxpayers relocated into this county between 2005 and 2006:
from Hoke County, NC 0.48% ($30,287 average AGI)
from Harnett County, NC 0.47% ($28,680)
from Robeson County, NC 0.33% ($26,674)

13.28% of this county's 2005 resident taxpayers moved to other counties in 2006 ($32,048 average adjusted gross income)
Here: 13.28%
North Carolina average: 7.27%

0.76% of residents moved to foreign countries ($1,893 average AGI)
Cumberland County: 0.76%
North Carolina average: 0.10%

Top counties to which taxpayers relocated from this county between 2005 and 2006:
to Hoke County, NC 0.81% ($31,763 average AGI)
to Harnett County, NC 0.71% ($34,012)
to Wake County, NC 0.37% ($35,478)

Strongest AM radio stations in Hope Mills:
WFNC (640 AM; 10 kW; FAYETTEVILLE, NC; Owner: CUMULUS LICENSING CORP.)
WIDU (1600 AM; 5 kW; FAYETTEVILLE, NC; Owner: W I D U BROADCASTING, INC.)
WKKE (1080 AM; daytime; 5 kW; ST. PAULS, NC; Owner: FERRIS YARNELL LOCKLEAR)
WPTF (680 AM; 50 kW; RALEIGH, NC; Owner: FIRST STATE COMMUNICATIONS)
WYRU (1160 AM; 5 kW; RED SPRINGS, NC; Owner: WDAS LICENSE LIMITED PARTNERSHIP)
WAZZ (1490 AM; 1 kW; FAYETTEVILLE, NC; Owner: WAZZ LICENSE LIMITED PARTNERSHIP)
WFAY (1230 AM; 1 kW; FAYETTEVILLE, NC; Owner: COLONIAL RADIO GROUP, INC.)
WEEB (990 AM; 10 kW; SOUTHERN PINES, NC; Owner: PINEHURST BROADCASTING CORP.)
WCKB (780 AM; 7 kW; DUNN, NC; Owner: NORTH CAROLINA CENTRAL BROADCASTERS, INC.)
WFTK (1030 AM; daytime; 50 kW; WAKE FOREST, NC; Owner: POSITIVE RADIO GROUP, INC.)
WPYB (1130 AM; daytime; 7 kW; BENSON, NC; Owner: BENSON-DUNN BROADCASTING, INC.)
WTRU (830 AM; 50 kW; KERNERSVILLE, NC; Owner: TRUTH BROADCASTING CORPORATION)
WLLN (1370 AM; 5 kW; LILLINGTON, NC; Owner: ESTUARDO VALDEMAR RODRIGUEZ)

Strongest FM radio stations in Hope Mills:
WQSM (98.1 FM; FAYETTEVILLE, NC; Owner: CUMULUS LICENSING CORP.)
WKML (95.7 FM; LUMBERTON, NC; Owner: WKML LICENSE LIMITED PARTNERSHIP)
WFLB (96.5 FM; LAURINBURG, NC; Owner: WFLB LICENSE LIMITED PARTNERSHIP)
WCCG (104.5 FM; HOPE MILLS, NC; Owner: DR. JAMES E. CARSON)
WFSS (91.9 FM; FAYETTEVILLE, NC; Owner: FAYETTEVILLE STATE UNIVERSITY)
WZFX (99.1 FM; WHITEVILLE, NC; Owner: WDAS LICENSE LIMITED PARTNERSHIP)
WUKS (107.7 FM; ST. PAULS, NC; Owner: WDAS LICENSE LIMITED PARTNERSHIP)
WEGX (92.9 FM; DILLON, SC; Owner: QANTUM OF FLORENCE LICENSE COMPANY, LLC)
WKQB (106.9 FM; SOUTHERN PINES, NC; Owner: CUMULUS LICENSING CORP)
WQDR (94.7 FM; RALEIGH, NC; Owner: CAROLINA MEDIA GROUP, INC.)
WRAL (101.5 FM; RALEIGH, NC; Owner: WRAL-FM, INC.)
WRCQ (103.5 FM; DUNN, NC; Owner: CUMULUS LICENSING CORP.)
WCLN-FM (107.3 FM; CLINTON, NC; Owner: CHRISTIAN LISTENING NETWORK, INC.)

TV broadcast stations around Hope Mills:
WFPX (Channel 62; FAYETTEVILLE, NC; Owner: PAXSON COMMUNICATIONS LICENSE COMPANY, LLC)
W66DF (Channel 66; FAYETTEVILLE, NC; Owner: TRINITY BROADCASTING NETWORK)
WUNU (Channel 31; LUMBERTON, NC; Owner: UNIVERSITY OF NORTH CAROLINA)
W19CA (Channel 19; LUMBERTON, NC; Owner: PACIFIC MEDIA CORPORATION)
WUVC (Channel 40; FAYETTEVILLE, NC; Owner: CAPITAL BROADCASTING PARTNERS)
WTVD (Channel 11; DURHAM, NC; Owner: ABC, INC.)
WRAL-TV (Channel 5; RALEIGH, NC; Owner: CAPITOL BROADCASTING COMPANY, INC.)
WECT (Channel 6; WILMINGTON, NC; Owner: RAYCOM AMERICA, INC.)
WPDE-TV (Channel 15; FLORENCE, SC; Owner: GRAND STRAND COMMUNICATIONS)
WWMB (Channel 21; FLORENCE, SC; Owner: ATLANTIC MEDIA GROUP, INC.)
WBTW (Channel 13; FLORENCE, SC; Owner: MEDIA GENERAL BROADCASTING OF SO. CAROLINA HOLDINGS, INC.)
WLPS-LP (Channel 7; LUMBERTON/PEMBROKE, NC; Owner: BILLY RAY LOCKLEAR)
WRAZ (Channel 50; RALEIGH, NC; Owner: WRAZ-TV, INC.)
W67DU (Channel 67; LUMBERTON, NC; Owner: TRINITY BROADCASTING NETWORK)
WNCN (Channel 17; GOLDSBORO, NC; Owner: OUTLET BROADCASTING, INC.)
WRDC (Channel 28; DURHAM, NC; Owner: RALEIGH (WRDC-TV) LICENSEE, INC.)
WLFL (Channel 22; RALEIGH, NC; Owner: WLFL LICENSEE, LLC)
WSFX-TV (Channel 26; WILMINGTON, NC; Owner: SOUTHEASTERN MEDIA HOLDINGS, INC.)
WPEM-LP (Channel 47; LUMBERTON, NC; Owner: GERALD LOCKLEAR)