Located in the warm and welcoming town of Fairmont, North Carolina, this 3-bedroom, 1-bath home offers 1,466 sq. ft. of potential waiting to be unlocked. While the existing structure has suffered fire damage, the true value lies in the versatility of the property and its highly desirable R10 zoning.
Sitting on an impressive 100-foot x 200-foot lot, this property opens the door to multiple investment paths:
Renovate and restore the current home to its original charm
Build an ADU (Accessory Dwelling Unit) for additional income
Construct a duplex to maximize rental potential in a high-demand area
The neighborhood is known for its safe, friendly atmosphere, making it an ideal location for future tenants or homeowners. Plus, it’s conveniently within walking distance to Fairmont Middle School, adding even more appeal for families and long-term renters.
Whether you’re a seasoned investor or general contractor looking for your next opportunity, this property offers flexibility, value, and a strong return potential in a community that truly feels like home.
Sold for $14,500
$14,500
700 Iona St, Fairmont, NC 28340
3beds
1,466sqft
SingleFamily
Built in 1923
0.46 Acres Lot
$-- Zestimate®
$10/sqft
$1,207 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,207/mo
Zestimate® history
Owner options
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$1,207/mo
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$1,207/mo
Rent Zestimate®
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$77/mo
Est. payment
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$77/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,466 sqft
Property
Lot
- Size: 0.46 Acres
Details
- Parcel number: 300501004
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1923
Community & HOA
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $10/sqft
- Tax assessed value: $78,400
- Annual tax amount: $1,240
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/29/2025 | Price change | $29,750+0.8%$20/sqft |
Source: Owner Report a problem | ||
| 12/15/2025 | Pending sale | $29,500$20/sqft |
Source: Owner Report a problem | ||
| 12/6/2025 | Price change | $29,500+2.1%$20/sqft |
Source: Owner Report a problem | ||
| 11/19/2025 | Pending sale | $28,900$20/sqft |
Source: Owner Report a problem | ||
| 11/15/2025 | Listed for sale | $28,900+99.3%$20/sqft |
Source: Owner Report a problem | ||
| 10/3/2024 | Sold | $14,500$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,240 +6.9% | $78,400 |
| 2024 | $1,160 +36.4% | $78,400 +38.3% |
| 2023 | $851 | $56,700 |
| 2022 | $851 | $56,700 |
| 2021 | $851 | $56,700 |
| 2020 | -- | $56,700 |
| 2019 | $892 | $56,700 +87.1% |
| 2018 | $892 +73.4% | $30,300 |
| 2017 | $515 | $30,300 |
| 2016 | $515 | $30,300 |
| 2015 | $515 | $30,300 |
Find assessor info on the county website
Neighborhood: 28340
Nearby homes
- $176,2003 bd2 ba2.6k sqft702 Iona St, Fairmont, NC 28340Off Market
- $153,9002 bd2 ba1.3k sqft604 Iona St, Fairmont, NC 28340Off Market
- $106,0003 bd1 ba1k sqft701 Iona St, Fairmont, NC 28340Off Market
- $95,6003 bd2 ba2.1k sqft607 Iona St, Fairmont, NC 28340Off Market
- $64,4003 bd2 ba1.4k sqft603 Bowers St, Fairmont, NC 28340Off Market
- $82,9002 bd1 ba1.4k sqft603 Bowers St, Fairmont, NC 28340Off Market
- $128,7003 bd1 ba1k sqft703 Iona St, Fairmont, NC 28340Off Market
- $218,9004 bd2 ba5k sqft403 Iona St, Fairmont, NC 28340Off Market
Nearby schools
GreatSchools rating
- 2/10Fairmont MiddleGrades: 5-8Distance: 0.2 mi
- 3/10Fairmont HighGrades: 9-12Distance: 2.1 mi
- 2/10Rosenwald ElementaryGrades: PK-4Distance: 0.3 mi
- North Carolina
- Robeson County
- Fairmont
- 28340
- 700 Iona St