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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
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    What's special

    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.

    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

    DateEventPrice
    1/27/2026Listing removed--
    Source: Owner Report a problem
    12/29/2025Price change$29,750+0.8%$20/sqft
    Source: Owner Report a problem
    12/15/2025Pending sale$29,500$20/sqft
    Source: Owner Report a problem
    12/6/2025Price change$29,500+2.1%$20/sqft
    Source: Owner Report a problem
    11/19/2025Pending sale$28,900$20/sqft
    Source: Owner Report a problem
    11/15/2025Listed for sale$28,900+99.3%$20/sqft
    Source: Owner Report a problem
    10/3/2024Sold$14,500$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 schools

    GreatSchools rating