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316 Peterson Pl, Fayetteville, NC, 28301

3beds
3baths
1,941sqft
$271,500
$140price/sqft
$2,150/moest. monthly cost
$86,000/yrincome needed

About This Home

This charming tri-level home offers 3 bedrooms and 2.5 bathrooms in a quiet neighborhood, and makes a great family Home!! Features include a welcoming formal living room and a separate formal dining room, as well as a great room with a cozy fireplace. Kitchen with SS appliances, tile backsplash, and a breakfast nook. Upstairs, you’ll find comfortable bedrooms, including a primary suite with double closets and relaxing jetted tub. Out back, enjoy a private fenced yard complete with a large deck—ideal for relaxing or gatherings. The property also includes a spacious garage with ample storage, a large shed, and even a chicken coop for those seeking a touch of homestead living. Combining functionality with charm, this home is a wonderful opportunity for anyone looking for space, comfort, and convenience. Don't hesitate - come see it today!!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

6/10
Lucile Souders ElementaryGrades PK-50.2 mi
6/10
6/10
E E Smith HighGrades 9-121.1 mi

Construction

Condition

  • Year built: 2003

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Tri-Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Stainless Steel Appliance(s)
  • Laundry features: Washer Hookup,Dryer Hookup,In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Dining Area,Separate/Formal Dining Room,Separate/Formal Living Room,Jetted Tub
  • Flooring: Luxury Vinyl Plank,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Factory Built
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,941 sqft

Property

Details

  • Parcel number: 0438497984.000
  • Zoning description: SF6 - Single Family Res 6
  • Special condition: Standard
  • Exclusions: ADT Security System

Features

  • Levels: Multi/Split
  • Patio & porch: Front Porch,Porch
  • Exterior features: Fence,Porch
  • Fencing: Back Yard,Yard Fenced
  • Living area range: 1901-2000

Lot

  • Features: 1/4 to 1/2 Acre Lot,Cul-De-Sac

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Tornado
    TornadoRelatively 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
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

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 $1,372$16,464
Home Insurance *$325$3,900
Property Taxes $253$3,036
Electricity $200$2,405
Total$2,150$25,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,714/yr
40% on housing$64,500/yr
45% on housing$57,333/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

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 28301$92
Cumberland County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 28301$122
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
2026-04-02Listed for sale$279,000
2025-12-08Listing removed$284,000
2025-09-12Listed for sale$284,000
2021-07-19Sold$194,000
2021-06-02Pending sale$180,000
2021-05-30Listed for sale$180,000
2014-08-15Sold$146,500
2014-06-24Price change$145,500
2014-03-21Price change$142,000
2014-02-20Price change$148,000
2013-11-07Price change$154,900
2013-07-01Price change$159,700
2013-05-04Listed for sale$164,700
2004-03-30Sold$148,000
2003-06-12Sold$20,000

For Sale by Agent

AgentMAUREEN VARGAS
BrokerageKELLER WILLIAMS REALTY (FAYETTEVILLE)

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