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115 N Magnolia St, Raeford, NC, 28376

7beds
3baths
4,011sqft
$480,000
$120price/sqft
$3,354/moest. monthly cost
$134,160/yrincome needed

About This Home

Experience the timeless beauty of this early 1900s masterpiece in the heart of downtown Raeford. Built in 1907, this grand historic home blends classic Southern charm with thoughtful modern updates. Boasting 7 bedrooms, 3 full baths, and over 3,800 sq. ft. of living space, it showcases 12-foot ceilings, wide hallways, and 8 restored masonry fireplaces that radiate warmth and character throughout. Recent renovations—over $135,000 in owner improvements—bring this home to life, Hardie Plank siding, HVAC installation, refinished hardwood floors, a fully renovated kitchen, and restored fireplaces and chimneys. Every detail honors the craftsmanship of the early 20th century while providing the comfort of modern living. The formal dining room and spacious common areas make it ideal for entertaining. Enjoy morning coffee on your covered front porch or unwind on the private rear porch overlooking the fenced backyard. Additional features include granite countertops, kitchen island, stainless steel appliances, gas range, black aluminum fencing, and a storage building. No HOA. Located in Raeford’s historic downtown, dining, and schools. This home is truly one of a kind—a rare opportunity to own a piece of history.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
6/10
West Hoke MiddleGrades 6-81.2 mi
5/10
Hoke County HighGrades 9-120.6 mi

Construction

Condition

  • Year built: 1907

Materials

  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Microwave,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,Main Level,In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Separate/Formal Dining Room,Entrance Foyer,Granite Counters,Kitchen Island,Primary Downstairs,Window Treatments
  • Door features: Storm Door(s)
  • Window features: Blinds,Insulated Windows,Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 8
  • Fireplace features: Masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 4,011 sqft

Property

Details

  • Parcel number: 694340501194
  • Special condition: Standard
  • Exclusions: None

Features

  • Patio & porch: Rear Porch,Covered,Front Porch,Porch
  • Exterior features: Corner Lot,Fence,Porch,Storage
  • Fencing: Partial
  • Topography of land: Cleared
  • Living area range: 4001-4500

Lot

  • Lot size: 0.53 Acres
  • Features: Cleared

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

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

How This Home’s Risks Compare

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

FEMA Declared Disasters in Hoke 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 $2,427$29,124
Home Insurance *$265$3,180
Property Taxes $289$3,468
Electricity $373$4,483
Total$3,354$40,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,994/yr
40% on housing$100,620/yr
45% on housing$89,440/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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 28376$133
Hoke County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 28376$154
Hoke County$157

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
2026-04-06Listed for sale$480,000
2024-07-09Sold$435,000
2023-07-02Pending sale$469,000
2023-05-19Price change$469,000
2023-04-12Price change$479,000
2023-02-15Listed for sale$489,000
2007-07-16Sold$260,000

For Sale by Agent

AgentGARY FUTCH
BrokerageGRANT-MURRAY HOMES

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