NOT LISTED FOR SALE

501 Sloping Hill Ln Fuquay Varina, NC 27526

Estimated Value: $412,000 - $458,000

3 Beds
2.5 Baths
2,124 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $405,000 $191 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,520/month

5 Days on Market

Highlights

  • 1.25 Acre Lot
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of January 2023

Charming home nestled in the woods of Neils Crossing Subdivision that is only minutes from downtown Fuquay! Incredible 1.25 acre lot on a secluded cul-de-sac. Enjoy this serene country setting on the lovely rocking chair front porch or large back deck. Functional floor plan boasts a first floor primary bedroom, an oversized family room with a fireplace and french doors leading outside, and a back staircase to the bonus room. New HVAC system in 2021. No HOA. Choice Home Warranty just renewed through 3/28/24 that includes septic system and septic pumping. This is the home you've been waiting for!!!

Last Agent to Sell the Property

Lisa Rooney

Coldwell Banker HPW License #279521 Listed on: 12/16/2022

Coldwell Banker HPW

Last Buyer's Agent

Lisa Rooney

Coldwell Banker HPW License #279521 Listed on: 12/16/2022

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1988

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 25x422x279x495
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Masonite

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Vanity
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • South Lakes Elementary School
  • Fuquay Varina Middle School
  • Willow Spring High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Neils Crossing Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Subdivision Name: Neils Crossing
  • Above Grade Finished Sq Ft: 2124.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 25x422x279x495
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Above Grade Finished Area: 2124.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 54450.0
  • General Property Information Lot Size Acres: 1.25
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination, Primary Downstairs, Shower Only
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.25
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Masonite
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: 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 - Willow Spring
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Lot Dimensions: 25x422x279x495
  • Lot Size Sq Ft: 54450.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1870.0

MLS Schools

  • Elementary School: Wake - South Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 13, 2023
Sold by
Wells Robert Lee and Wells Zoe Brinkerhoff
Bought by
Klenk Adam and Klenk Amanda
Seller's Agent
Lisa Rooney
Coldwell Banker HPW
Buyer's Agent
Lisa Rooney
Coldwell Banker HPW
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Views
18
Current Estimated Value
$438,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,678
Avg. Annual Appreciation
2.92%
Original Mortgage
$397,664
Outstanding Balance
$384,749
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$53,929

Purchase Details

Closed on
Oct 18, 2019
Sold by
Mcgrath Peter M and Mcgrath Patricia J
Bought by
Wells Robert Lee and Wells Zoe Brinkerhoff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Melton Harry Lampley and Melton Roberta Joye
Bought by
Mcgrath Peter M and Mcgrath Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,817
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Klenk Adam $405,000 None Listed On Document
Wells Robert Lee $252,000 None Available
Mcgrath Peter M $206,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klenk Adam $397,664
Previous Owner Wells Robert Lee $201,600
Previous Owner Mcgrath Peter M $202,817
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $405,000 -- --
01/18/2023 01/18/23 Sold $405,000 +1.3% $191 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $400,000 -- $188 / 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 $2,675 $415,086 $115,500 $299,586
2024 $2,598 $415,086 $115,500 $299,586
2023 $2,017 $256,176 $45,000 $211,176
2022 $1,870 $256,176 $45,000 $211,176
2021 $1,820 $256,176 $45,000 $211,176
2020 $1,790 $256,176 $45,000 $211,176
2019 $1,642 $198,559 $44,000 $154,559
2018 $1,510 $198,559 $44,000 $154,559
2017 $1,432 $198,559 $44,000 $154,559
2016 $1,403 $198,559 $44,000 $154,559
2015 $1,361 $193,047 $38,000 $155,047
2014 -- $193,047 $38,000 $155,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487415

Doorify MLS

APN: 0665.01-07-4658-000