501 E Spring St Fuquay Varina, NC 27526
Estimated payment $2,222/month
Total Views
30,093
3
Beds
1
Bath
1,190
Sq Ft
$315
Price per Sq Ft
Highlights
- Wood Flooring
- 1 Fireplace
- Quartz Countertops
- Fuquay-Varina High Rated A-
- Corner Lot
- L-Shaped Dining Room
About This Home
Charming Downtown Fuquay-Varina Cottage with Proven Airbnb Income Potential!
Ideally positioned on a corner lot in the heart of vibrant Downtown Fuquay-Varina, this charming 1940s cottage-style bungalow effortlessly blends timeless character with thoughtful modern updates. Featuring three bedrooms and one full bath, the home showcases site-finished hardwood floors, tile in wet areas, updated windows, low-maintenance vinyl siding, and a newer roof.
Over the years, the home has been carefully improved to enhance comfort and functionality — including an updated kitchen and bath, refinished hardwoods, a fenced yard, a full sewer line replacement from house to the main connection, and an impressive amount of closet space rarely found in homes of this era. The HVAC system has also been updated to ensure year-round efficiency and ease.
Originally a personal residence and more recently operated as a high-performing Airbnb, this property offers exceptional flexibility for both investors and future homeowners. Whether you're looking for a turnkey short-term rental or a charming downtown home, the seller is open to selling fully furnished, making this a seamless option for move-in or income generation from day one.
Listing agent has rental income history available upon request for interested buyers.
All of this is just steps away from Fuquay-Varina's local parks, breweries, coffee shops, restaurants, and boutique shopping. With its walkable location, classic appeal, and strong rental track record, this is a rare opportunity in one of the Triangle's fastest-growing communities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,147
Year Built
- Built in 1946 | Remodeled in 1965
Lot Details
- 10,454 Sq Ft Lot
- Back and Front Yard Fenced
- Vinyl Fence
- Wood Fence
- Corner Lot
- Few Trees
Home Design
- Cottage
- Bungalow
- Block Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,190 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bookcases
- Crown Molding
- Ceiling Fan
- 1 Fireplace
- Double Pane Windows
- Living Room
- L-Shaped Dining Room
- Basement
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Gravel Driveway
- 2 Open Parking Spaces
Outdoor Features
- Rain Gutters
Schools
- Fuquay Varina Elementary And Middle School
- Fuquay Varina High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0666165286
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,139 | $243,100 | $100,000 | $143,100 |
| 2023 | $1,638 | $145,497 | $55,000 | $90,497 |
| 2022 | $1,540 | $145,497 | $55,000 | $90,497 |
| 2021 | $1,468 | $145,497 | $55,000 | $90,497 |
| 2020 | $1,468 | $145,497 | $55,000 | $90,497 |
| 2019 | $1,233 | $105,202 | $42,000 | $63,202 |
| 2018 | $1,163 | $105,202 | $42,000 | $63,202 |
| 2017 | $1,122 | $105,202 | $42,000 | $63,202 |
| 2016 | $1,107 | $105,202 | $42,000 | $63,202 |
| 2015 | -- | $104,540 | $42,000 | $62,540 |
| 2014 | $1,027 | $104,540 | $42,000 | $62,540 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $375,000 | -- | $315 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $138,000 | Attorney | |
| Warranty Deed | $81,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,500 | FHA | |
| Previous Owner | $110,700 | New Conventional | |
| Previous Owner | $121,400 | Unknown | |
| Previous Owner | $14,000 | Credit Line Revolving | |
| Previous Owner | $103,000 | New Conventional | |
| Previous Owner | $104,000 | Unknown | |
| Previous Owner | $80,930 | FHA | |
| Closed | $3,300 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Doorify MLS
MLS Number: 10106905
APN: 0666.09-16-5286-000
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