NOT LISTED FOR SALE

405 Corwood Dr Fuquay Varina, NC 27526

Estimated Value: $320,000 - $340,814

3 Beds
2 Baths
1,250 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $311,000 $249 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,986/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Fuquay-Varina High Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2021

Move-in ready ranch home in charming neighborhood w/ private fenced back yard. Come see this cheerful 3-bedroom 2-bath home located near historic downtown Fuquay-Varina. Home has been meticulously maintained including the rebuilt deck, landscaped yard & wood fence. Eat-in kitchen has stainless appliances & large bay window. Owners suite has double sink vanity in bath. Conveniently located near shopping areas & South Park Community w/ activities for all ages. New HVAC in 2020, New roof in 2018.

Last Agent to Sell the Property

Jeanell Morton

Keller Williams Realty License #224128 Listed on: 08/26/2021

Keller Williams Realty

Last Buyer's Agent

Cat Kearns

RE/MAX United License #169176

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1999

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 115x95x115x80
  • Fenced Yard

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Storage
  • Laundry in Hall
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Herbert Akins Road Elementary School
  • Fuquay Varina Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Phillips Pointe HOA
  • Phillips Pointe Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1999

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Phillips Pointe
  • Above Grade Finished Sq Ft: 1250.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 30.0
  • General Property Information Total Unfinished Area2: 30.0
  • General Property Information Lot Size Dimensions: 115x95x115x80
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Laundry Features In Hall: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 1250.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Storage, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.23
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120.0
  • Association Fee Frequency: Annually
  • Association Name: Phillips Pointe HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Phillips Pointe HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 115x95x115x80
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1771.0
  • Tax Year: 2021
  • Tax Map Number: 1998-2092/Ph1/56

MLS Schools

  • Elementary School: Wake - Herbert Akins Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 28, 2021
Sold by
Ferretti Scott J and Ferretti Jacqueline L
Bought by
Combs Stephen and Combs Nadya
Seller's Agent
Jeanell Morton
Keller Williams Realty
Buyer's Agent
Cat Kearns
RE/MAX United
List Price
$270,000
Sold Price
$311,000
Premium/Discount to List
$41,000
15.19%
Current Estimated Value
$333,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,204
Avg. Annual Appreciation
1.74%
Original Mortgage
$289,750
Outstanding Balance
$264,798
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,406

Purchase Details

Closed on
Oct 7, 2015
Sold by
Willis Paula Jp and Willis Robert
Bought by
Ferrtti Scott J and Ferrtti Jacqueline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,185
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2007
Sold by
Tanchak John D and Tanchak Jennifer L
Bought by
Willis Paula Jp and Willis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Nichols Brian S and Nichols Margaret D
Bought by
Tanchak John D and Tanchak Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,069
Interest Rate
5.54%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 2003
Sold by
Nichols Brian S and Nichols Margaret D
Bought by
Nichols Brian S and Nichols Margaret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Homes By Grant Inc
Bought by
Daniel Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,061
Interest Rate
7.83%
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
Combs Stephen $311,000 Ntc
Ferrtti Scott J $148,000 Attorney
Willis Paula Jp $137,000 None Available
Tanchak John D $119,500 --
Nichols Brian S -- --
Daniel Margaret C $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Combs Stephen $289,750
Previous Owner Ferrtti Scott J $152,185
Previous Owner Willis Paula Jp $130,150
Previous Owner Tanchak John D $122,069
Previous Owner Nichols Brian S $95,600
Previous Owner Daniel Margaret C $119,061
Closed Nichols Brian S $17,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $311,000 -- --
10/28/2021 10/28/21 Sold $311,000 +15.2% $249 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $270,000 -- $216 / 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 $2,730 $309,719 $90,000 $219,719
2024 $2,719 $309,719 $90,000 $219,719
2023 $2,121 $188,959 $50,000 $138,959
2022 $1,858 $175,959 $50,000 $125,959
2021 $1,771 $175,959 $50,000 $125,959
2020 $1,771 $175,959 $50,000 $125,959
2019 $1,574 $134,729 $45,000 $89,729
2018 $1,484 $134,729 $45,000 $89,729
2017 $1,431 $134,729 $45,000 $89,729
2016 $1,412 $134,729 $45,000 $89,729
2015 $1,308 $128,857 $44,000 $84,857
2014 $1,261 $128,857 $44,000 $84,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2404209

Doorify MLS

APN: 0666.03-04-7240-000