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402 S Morro St, Fairmont, NC, 28340

4beds
2baths
1,676sqft
$250,000
$149price/sqft
$2,022/moest. monthly cost
$80,880/yrincome needed

About This Home

Welcome home to this charming 1.5-story, 4-bedroom residence nestled on a spacious lot with beautiful mature trees! The interior offers plenty of flexibility with 2 bedrooms downstairs and 2 upstairs, plus two inviting living areas — a cozy living room and a separate den. Enjoy meals in the formal dining room with French doors or the open kitchen/dining combo featuring granite countertops, stainless steel appliances, and vinyl flooring. Step through the sliding glass door to a large, elevated concrete patio — perfect for entertaining or relaxing outdoors. The covered front porch provides a peaceful place to unwind, while the shaded side and backyard offer plenty of space for gatherings. Neutral paint throughout makes this home truly move-in ready! Seller is offering $3,000 to the buyer to use as they wish — toward closing costs or personal touches!

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

2/10
Fairmont MiddleGrades 5-80.6 mi
3/10
Fairmont HighGrades 9-121.4 mi
2/10
Rosenwald ElementaryGrades PK-40.9 mi

Construction

Condition

  • Year built: 1921

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: One and One Half Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Washer Hookup,Dryer Hookup,Main Level,In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Electric

Features

  • Breakfast Area,Ceiling Fan(s),Separate/Formal Dining Room,Eat-in Kitchen,Granite Counters,Kitchen/Dining Combo,Primary Downstairs,Bath in Primary Bedroom
  • Flooring: Vinyl
  • Fireplace features: None

Interior Area

  • Total interior livable area: 1,676 sqft

Property

Details

  • Parcel number: 300803035
  • Zoning description: R10 - Residential District
  • Special condition: Standard
  • Exclusions: None

Features

  • Levels: One and One Half
  • Patio & porch: Covered,Front Porch,Patio,Porch
  • Exterior features: Porch
  • Living area range: 1601-1700

Lot

  • Lot size: 0.34 Acres
  • Features: 1/4 to 1/2 Acre Lot

Parking

  • Total spaces: 1
  • Parking features: Attached Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Hurricane
Ice Storm
Lightning
Winter Weather
Cold Wave
Earthquake
Hail
Heat Wave

FEMA Declared Disasters in Robeson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$187$2,244
Property Taxes $371$4,452
Electricity $200$2,405
Total$2,022$24,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,325/yr
40% on housing$60,660/yr
45% on housing$53,920/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 28340$104
Robeson County$106

vs Homes Sold Last Month

Median $/sqft

ZIP 28340$123
Robeson County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-22Listed for sale$250,000
2025-05-05Sold$15,000
2020-03-02Listing removed$49,900
2019-09-10Listed for sale$49,900
2018-11-01Listing removed$49,900
2018-04-09Listed for sale$49,900

For Sale by Agent

AgentROSARIO SOTO
BrokerageKELLER WILLIAMS REALTY (FAYETTEVILLE)

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