NOT LISTED FOR SALE

1421 Phelps Ridge Rd Fuquay Varina, NC 27526

Estimated Value: $494,000 - $526,000

4 Beds
2.5 Baths
2,259 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $449,900 $199 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,048/month

55 Days on Market

Highlights

  • 0.56 Acre Lot
  • Traditional Architecture
  • No HOA
  • Fuquay-Varina High Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of January 2023

Welcome home to this beautiful 4 bedroom 2.5 bath 2 story farm home in desirable Phelps Farm subdivision. This convenient location in between Rt 42, Rt 55 and just mins to downtown Fuquay, Harris Teeter, Mason Jar restaurant and so many more in this vibrant community. This home has a light and bright feel with a freshly painted interior, crown moulding details, shiplap accent wall, updated farmhouse lighting and beautiful dark floors. The kitchen has dark granite countertops, natural wood colored cabinets and stainless steel appliances. Out the back door leads to the screened in porch that overlooks the spacious backyard. Head upstairs where the bedrooms are located and a large bonus room with attached office. The owners suite is spacious with Trey ceilings and attached private bath with garden tub and tiled shower. All this and so much more, schedule your showing today!!

Last Agent to Sell the Property

Jacqueline Shaffer

Offerpad Brokerage LLC License #307342 Listed on: 11/04/2022

Last Buyer's Agent

Hope Tyler

NorthGroup Real Estate, Inc. License #254912

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 2013

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 93x179x169x222

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,259 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lincoln Height Elementary School
  • Fuquay Varina Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Phelps Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,263

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Subdivision Name: Phelps Farms
  • Above Grade Finished Sq Ft: 2259.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 93x179x169x222
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Above Grade Finished Area: 2259.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 24393.6
  • General Property Information Lot Size Acres: 0.56
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.56
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Lot Dimensions: 93x179x169x222
  • Lot Size Sq Ft: 24393.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3263.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Lincoln Height

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 25, 2023
Sold by
Offerpad Spe Borrower A Llc
Bought by
Wilson Shelby Louise and Wilson Benjamin Clifford
Seller's Agent
Jacqueline Shaffer
Offerpad Brokerage LLC
Buyer's Agent
Hope Tyler
NorthGroup Real Estate, Inc.
List Price
$459,900
Sold Price
$449,900
Premium/Discount to List
-$10,000
-2.17%
Views
52
Current Estimated Value
$505,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,333
Avg. Annual Appreciation
4.39%
Original Mortgage
$427,405
Outstanding Balance
$413,946
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$91,287

Purchase Details

Closed on
Oct 12, 2022
Sold by
Schaves Christopher L and Schaves Elizabeth M
Bought by
Offerpad Spe Borrower A Llc

Purchase Details

Closed on
Jul 12, 2017
Sold by
Pekc Joshua Dale and Pekc Shauna Elizabeth
Bought by
Schaves Christopher L and Schaves Elizaebth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,131
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2016
Sold by
Peck Joshua D and Peck Shauna Elizabeth
Bought by
Peck Joshua Dale and Peck Shauna Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,400
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Classic Home Creation Llc
Bought by
Peck Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,410
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilson Shelby Louise $450,000 --
Offerpad Spe Borrower A Llc $430,000 --
Schaves Christopher L $310,000 None Available
Peck Joshua Dale -- None Available
Peck Joshua D $253,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Shelby Louise $427,405
Previous Owner Schaves Christopher L $313,131
Previous Owner Peck Joshua Dale $241,400
Previous Owner Peck Joshua D $245,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $449,900 -- --
01/26/2023 01/26/23 Sold $449,900 -1.1% $199 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $455,000 -1.1% $201 / Sq Ft
11/04/2022 11/04/22 For Sale $459,900 -- $204 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,310 $490,194 $100,000 $390,194
2024 $4,292 $490,194 $100,000 $390,194
2023 $3,473 $310,541 $45,000 $265,541
2022 $3,264 $310,541 $45,000 $265,541
2021 $3,110 $310,541 $45,000 $265,541
2020 $3,110 $310,541 $45,000 $265,541
2019 $3,166 $272,797 $42,000 $230,797
2018 $2,985 $272,797 $42,000 $230,797
2017 $2,878 $272,797 $42,000 $230,797
2016 $2,838 $272,797 $42,000 $230,797
2015 $2,935 $291,653 $48,000 $243,653
2014 $2,829 $291,653 $48,000 $243,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2482481

Doorify MLS

APN: 0656.01-17-6653-000