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307 S Cedar St, Rowland, NC, 28383

2beds
1baths
1,099sqft
$87,000
$79price/sqft
$932/moest. monthly cost
$37,280/yrincome needed

About This Home

Opportunity is knocking in Rowland. This country cottage is perfect for investors, flippers, or buyers looking to put in some work and build equity. Featuring 2 bedrooms, 1 bath, plus an additional flex room that could be used as an office or potential third bedroom, the layout offers solid potential for the right buyer. The home does need repairs and updates and is priced accordingly. With the right vision, this property could be transformed into a great primary residence, rental, or resale opportunity. Located in a quiet area with that small-town feel, this is your chance to get in at a lower price point and make it your own. Sold as-is. Cash or renovation loan likely best.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
--
Rowland MiddleGrades 6-80.8 mi
10/10
Psrc Early College At RccGrades 9-1218.9 mi

Construction

Condition

  • Year built: 1946

Materials

  • Construction materials: Wood Frame

Type & Style

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

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Gas,Window Unit(s)

Interior Area

  • Total interior livable area: 1,099 sqft

Property

Details

  • Parcel number: 921834456300
  • Special condition: Bankruptcy Property
  • Exclusions: none

Features

  • Levels: One
  • Stories: 1
  • Topography of land: Cleared
  • Living area range: 901-1000

Lot

  • Features: 1/4 to 1/2 Acre Lot,Cleared

Parking

  • Total spaces: 1
  • Parking features: Detached 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
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Hurricane
Lightning
Winter Weather
Cold Wave
Drought
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 $439$5,268
Home Insurance *$171$2,052
Property Taxes $122$1,464
Electricity $200$2,405
Total$932$11,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,954/yr
40% on housing$27,960/yr
45% on housing$24,853/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

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 28383$74
Robeson County$107

vs Homes Sold Last Month

Median $/sqft

ZIP 28383$76
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
2026-04-03Listed for sale$87,000
2026-04-02Listing removed$95,000
2025-06-26Price change$95,000
2025-05-18Listed for sale$100,000
2022-08-11Sold$86,500
2022-07-07Pending sale$85,000
2022-07-03Price change$75,000
2022-06-16Listed for sale$85,000
2022-04-12Pending sale$85,000
2022-04-12Listed for sale$85,000

For Sale by Agent

AgentLISA RIVERA
BrokerageEXP REALTY LLC

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