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2031 Raeford Rd, Fayetteville, NC, 28305

5beds
5baths
4,320sqft
$690,000
$160price/sqft
$4,980/moest. monthly cost
$199,200/yrincome needed

About This Home

This one of a kind home with over 4,300 SQ FT is located on a quiet, private street in the heart of Haymount. This home has 5 bedrooms, 4.5 bathrooms, an office, and a large great room. There is also 3 fireplaces, a screened in side porch, a basketball court, and a large patio that is great for entertaining. The kitchen has a large island w/ gas cook top, granite countertops, and stainless steel appliances. The Owner’s Suite has two large walk in closets, dual vanity, and a spacious tiled shower w/ rain head. Conveniently located near Highland Country Club, Cape Fear Valley Hospital, and many other attractions/ restaurants.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

--
Alma O Easom ElementaryGrades K-10.6 mi
7/10
R Max Abbott MiddleGrades 6-80.7 mi
6/10
Terry Sanford HighGrades 9-120.8 mi

Construction

Condition

  • Property condition: Good Condition
  • Year built: 1960

Materials

  • Construction materials: Masonite

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Oven,Gas Cooktop,Microwave,Stainless Steel Appliance(s)
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air,Electric

Features

  • Wet Bar,Bookcases,Built-in Features,Breakfast Area,Ceiling Fan(s),Crown Molding,Dining Area,Den,Dual Closets,Separate/Formal Dining Room,Double Vanity,Entrance Foyer,Separate/Formal Living Room,Granite Counters,Kitchen Island,Recessed Lighting,Storage,Tub Shower,Walk-In Closet(s),Walk-In Shower
  • Flooring: Hardwood,Luxury Vinyl Plank,Tile,Carpet
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Living Room,Other
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 4,320 sqft

Property

Details

  • Parcel number: 0427643290
  • Special condition: Standard
  • Exclusions: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch,Screened,Stoop
  • Exterior features: Basketball Court,Porch,Patio,Storage
  • Residential vegetation: Wooded
  • Living area range: 4001-4500

Lot

  • Lot size: 0.58 Acres
  • Features: Wooded

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
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hurricane
Inland Flooding
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 $3,489$41,868
Home Insurance *$506$6,072
Property Taxes $583$6,996
Electricity $402$4,828
Total$4,980$59,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,742/yr
40% on housing$149,400/yr
45% on housing$132,800/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

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 28305$133
Cumberland County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 28305$177
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
2026-05-11Listed for sale$750,000
2026-05-08Listing removed$750,000
2026-05-08Listed for sale$750,000
2026-04-27Pending sale$750,000
2026-04-09Listed for sale$750,000
2012-03-07Listing removed$525,000
2012-03-06Listed for sale$525,000
2011-06-01Sold$485,000
2010-12-15Listing removed$525,000
2009-11-05Sold$485,000
2009-05-16Price change$525,000
2008-04-22Listed for sale$595,000

For Sale by Agent

AgentJAMES "ALEX" MCFADYEN
BrokerageCOLDWELL BANKER ADVANTAGE - FAYETTEVILLE

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