NOT LISTED FOR SALE

407 W Academy St Fuquay Varina, NC 27526

Estimated Value: $315,000 - $380,000

4 Beds
2 Baths
2,686 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $275,000 $102 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,108/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • 1 Fireplace
  • Holly Grove Middle School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Fuquay-Varina Dog Park

About This Home

As of January 2022

History and Charm and just walking distance from downtown Fuquay Varina shops and restaurants. This lovely home could be used as a home or commercially. The possibilities are endless. Selling as is to keep process simple for seller and buyers.

Last Agent to Sell the Property

Dawson Kingsley

Mark Spain Real Estate License #252690 Listed on: 12/11/2021

Last Buyer's Agent

AnnMarie Janni

Allen Tate/Apex-Center Street License #214283

Allen Tate/Apex-Center Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1903

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 83 x 197 x 83 x 197

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Craftsman Architecture
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Utility Room
  • Laundry Room
  • Crawl Space
  • Permanent Attic Stairs
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Fuquay Varina Elementary And Middle School
  • Fuquay Varina High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,272

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1903
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2686.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 83 x 197 x 83 x 197
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 2686.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15681.6
  • General Property Information Lot Size Acres: 0.36
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Shower Only, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.36
  • Construction Type: Plaster, Vinyl Siding
  • Patio And Porch Features: Covered, Enclosed, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Plaster: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • 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: 83 x 197 x 83 x 197
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1272.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Fuquay Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 19, 2022
Sold by
Jimmy Evans Jr and Jimmy Mary M
Bought by
Ellis Lekorey Elbert and Ellis Quintina Judd
Seller's Agent
Dawson Kingsley
Mark Spain Real Estate
Buyer's Agent
AnnMarie Janni
Allen Tate/Apex-Center Street
List Price
$260,000
Sold Price
$275,000
Premium/Discount to List
$15,000
5.77%
Current Estimated Value
$352,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,576
Avg. Annual Appreciation
6.81%
Original Mortgage
$266,750
Outstanding Balance
$245,843
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$106,733

Purchase Details

Closed on
Feb 3, 1984
Bought by
Evans Jimmy and Evans Mary M
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
Ellis Lekorey Elbert $550 None Listed On Document
Evans Jimmy $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Lekorey Elbert $266,750
Closed Ellis Lekorey Elbert $266,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $275,000 -- --
01/19/2022 01/19/22 Sold $275,000 +5.8% $102 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $260,000 -- $97 / 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 $3,102 $352,154 $70,569 $281,585
2024 $3,089 $352,154 $70,569 $281,585
2023 $1,920 $170,870 $31,364 $139,506
2022 $1,805 $170,870 $31,364 $139,506
2021 $1,272 $170,870 $31,364 $139,506
2020 $1,272 $170,870 $31,364 $139,506
2019 $966 $127,046 $23,053 $103,993
2018 $912 $127,046 $23,053 $103,993
2017 $879 $127,046 $23,053 $103,993
2016 $868 $127,046 $23,053 $103,993
2015 $728 $115,868 $23,523 $92,345
2014 $702 $115,868 $23,523 $92,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2422891

Doorify MLS

APN: 0656.08-77-7587-000