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505 Pearl St, Fayetteville, NC, 28303

2beds
1baths
1,006sqft
$185,000
$184price/sqft
$1,483/moest. monthly cost
$59,320/yrincome needed

About This Home

Charming Haymount cottage full of character and warmth! This immaculately maintained 2-bedroom, 1-bath home features updated interior paint, newly installed windows, and a bright sun porch that is perfect for morning coffee or relaxing with a glass of wine. Enjoy a spacious backyard with plenty of room for outdoor living, gardening, pets, or entertaining. Located in one of Fayetteville’s most loved walkable neighborhoods, close to Haymount Theatre, local shops, restaurants, parks, and bike-friendly streets. A wonderful opportunity to own a classic Haymount home with timeless charm and everyday convenience.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

--
Alma O Easom ElementaryGrades K-10.3 mi
7/10
R Max Abbott MiddleGrades 6-81.3 mi
5/10
Terry Sanford HighGrades 9-120.4 mi

Construction

Condition

  • Property condition: Good Condition
  • Year built: 1941

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Cooling

  • Cooling features: Central Air

Features

  • Ceiling Fan(s),Dining Area,Separate/Formal Dining Room,Separate/Formal Living Room,Granite Counters,Primary Downstairs,Sun Room,Tub Shower
  • Door features: Storm Door(s)
  • Flooring: Hardwood,Other
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 1,006 sqft

Property

Details

  • Parcel number: 0427783861
  • Special condition: Standard
  • Exclusions: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Stoop
  • Exterior features: Porch,Patio
  • Topography of land: Cleared,Sloping
  • Living area range: 1001-1100

Lot

  • Lot size: 7,405 sqft
  • Features: < 1/4 Acre,Cleared,Interior Lot

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

  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hurricane
Heat Wave
Ice Storm
Lightning
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 $935$11,220
Home Insurance *$163$1,956
Property Taxes $185$2,220
Electricity $200$2,405
Total$1,483$17,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,845/yr
40% on housing$44,490/yr
45% on housing$39,546/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

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 28303$124
Cumberland County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 28303$141
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
2026-07-29Price change$185,000
2026-07-03Listed for sale$194,900
2024-04-02Listing removed--
2024-03-21Listed for rent$1,145
2022-08-16Listing removed--
2022-08-10Listed for rent$970
2019-06-01Listing removed$850
2019-05-23Listed for rent$850
2015-09-16Listing removed$750
2013-07-23Listed for rent$750
1986-09-26Sold$33,750

For Sale by Agent

AgentKENNETH BAREFOOT
BrokerageCOLDWELL BANKER ADVANTAGE - FAYETTEVILLE

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