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1516 Paisley Ave, Fayetteville, NC, 28304

3beds
2baths
1,917sqft
$250,000
$130price/sqft
$1,904/moest. monthly cost
$76,160/yrincome needed

About This Home

Beautifully updated 3-bedroom, 2-bath ranch conveniently located in Arran Lakes! This move-in-ready home features newer carpet in the bedrooms (2023), and beautiful laminate flooring throughout the main living areas (2023). Roof has had some repairs done by a previous owner (2023). Step outside to enjoy two recently rebuilt decks (2023) overlooking the backyard, including a covered deck with private access from the primary bedroom (freshly treated and secured), perfect for relaxing with your morning coffee or unwinding in the evening. Additional features include a storage shed for extra space, a newer HVAC system (2024), and a new sump pump (2024). Don't miss the opportunity to make this well-maintained home yours!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Brentwood ElementaryGrades PK-50.5 mi
6/10
Lewis Chapel MiddleGrades 6-81.3 mi
4/10
Seventy-First HighGrades 9-121.6 mi

Construction

Condition

  • Property condition: Good Condition
  • Year built: 1968

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Attic,Ceiling Fan(s),Entrance Foyer,Eat-in Kitchen,Kitchen Exhaust Fan,Kitchen/Dining Combo,Primary Downstairs,Open Floorplan,Storage,Walk-In Closet(s)
  • Flooring: Laminate,Tile,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log,Living Room,Masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,917 sqft

Property

Details

  • Parcel number: 0406567143
  • Zoning description: SF10 - Single Family Res 10
  • Special condition: None
  • Exclusions: washer and dryer

Features

  • Patio & porch: Balcony,Covered,Deck,Patio
  • Exterior features: Balcony,Deck,Dock,Fence,Other,Storage
  • Fencing: Partial
  • Topography of land: Cleared
  • Living area range: 1901-2000

Lot

  • Lot size: 0.33 Acres
  • Features: 1/4 to 1/2 Acre Lot,Cleared

Parking

  • Parking features: No Garage

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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Cumberland 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 *$201$2,412
Property Taxes $239$2,868
Electricity $200$2,405
Total$1,904$22,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,280/yr
40% on housing$57,120/yr
45% on housing$50,773/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: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 28304$108
Cumberland County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 28304$147
Cumberland County$148

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
2026-07-27Price change$250,000
2026-07-06Listed for sale$255,000
2023-05-31Sold$230,000
2023-05-08Pending sale$230,000
2023-04-25Price change$230,000
2023-04-21Listed for sale$220,000
2020-10-14Listing removed$159,500
2020-10-13Listed for sale$159,500
2020-05-27Pending sale$159,500
2020-03-26Listed for sale$159,500
2020-01-10Sold$79,500
2019-11-21Pending sale$80,000
2019-11-08Price change$80,000
2019-10-03Listed for sale$85,000
2019-09-13Sold$110,946

For Sale by Agent

AgentANNA PAREDES
BrokerageLPT REALTY LLC

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