Welcome to a piece of Fuquay-Varina history at 1420 Market View Lane. Originally built circa 1890 as the Cardenas schoolhouse located on Purfoy Road, this cherished structure boasts a rich heritage that has been meticulously preserved by its current owner. Captivated by its beautiful wood ceilings, expansive windows, and white pine floors, the family embarked on a journey to restore and revive this important piece of local history. The story of this remarkable property takes a twist as the schoolhouse found its new home on a serene piece of land in Fuquay-Varina in the 1990s. With a deep commitment to preservation, the owners ensured that this historic gem continued to thrive amidst the changing landscape of the area. When the time came to part ways with that location, the schoolhouse was relocated once again to its current address, where it was seamlessly integrated with a spacious addition built in 1996-1997. Crafted with care and featuring a spacious 5-bedroom, 2-bathroom addition, this property offers endless possibilities for both residential and commercial ventures. Beyond its architectural significance, this property served as a hub for family life and learning. The owners embraced the modern homestead lifestyle, homeschooling their children amidst the tranquil embrace of nature's classroom and utilizing the expansive gardens and barn to cultivate sustainability. In addition to its residential charm, the property also houses Wellspring Organic Salon, operated by the owner. The addition features a dedicated entry, waiting room, retail wall, and studio, providing a seamless blend of business and residential functionalities. As the sun sets on this chapter of cherished memories, the owner is ready to pass the torch to a new steward who will appreciate the unique history and potential of this extraordinary property. Whether you envision it as a family home, a commercial endeavor, or a blend of both, 1420 Market View Lane offers the perfect canvas to write the next chapter of its storied legacy.
Property Details
Property Features
Property Information:
Architectural Style: Arts & Crafts, Farm House
Year Built: 1890
Living Area: 2,993 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 584-9431
Listing Agent: Anna Powell, Lara Masters
Interior Features
Interior Information:
Appliances: Range, Refrigerator
Flooring Type: Wood
Interior: Bookcases, Crown Molding, Eat-in Kitchen, Entrance Foyer, High Ceilings, Keeping Room, Kitchen Island, Kitchen/Dining Room Combination, Natural Woodwork, Open Floorplan, Primary Downstairs, Second Primary Bedroom, Shower Only, Storage
Lot: Back Yard, Front Yard, Garden, Trees, Interior Lot, Irregular Lot, Landscaped, Level, Native Plants, Open Lot, Secluded
Lot Size: 1.13 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Central Air, Electric, Heat Pump
School Info
Assigned Schools Information:
Fuquay-Varina High School, Public District Grades 9-12
Wake Early College of Health and Science, Public District Grades 9-12
Fuquay-Varina Middle School, Public District Grades 6-8
Willow Springs Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Traveling south on US-401, pass by McDonald's on the right then take a left onto Bonburn Dr between Sexton Commons and Waffle House. Continue straight onto gravel driveway. House ahead at end of driveway.
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Price Per SqFt: $334/SqFt
Tax Information:
Annual Amount: $1,383
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fuquay Varina, NC.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,383
$193,906
2020
$1,794
$299,086
2019
$1,977
$260,904
2018
$1,875
$260,904
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Willow Springs Elementary School
6800 Dwight Rowland Rd
Distance between this listing and this school2.42 miles
Public District Grades KG-5
Middle School
6
/10
Fuquay-Varina Middle School
109 N Ennis St
Distance between this listing and this school1.30 miles
Public District Grades 6-8
High School
6
/10
Fuquay-Varina High School
201 Bengal Dr
Distance between this listing and this school1.31 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school16.98 miles
Public District Grades 9-12
Assigned Schools
8
/10
Willow Springs Elementary School
6800 Dwight Rowland Rd
Distance between this listing and this school2.42 miles
Public District Grades KG-5
Nearby Schools
6
/10
Fuquay-Varina Elementary School
6600 Johnson Pond Rd
Distance between this listing and this school1.11 miles
Public District Grades KG-5
6
/10
Ballentine Elementary School
1651 Mclaurin Ln
Distance between this listing and this school1.54 miles
Public District Grades KG-5
Assigned Schools
6
/10
Fuquay-Varina Middle School
109 N Ennis St
Distance between this listing and this school1.30 miles
Public District Grades 6-8
Nearby Schools
3
/10
West Lake Middle School
4600 W Lake Rd
Distance between this listing and this school4.78 miles
Public District Grades 6-8
5
/10
Holly Ridge Middle School
950 Holly Springs Rd
Distance between this listing and this school5.00 miles
Public District Grades 6-8
Assigned Schools
6
/10
Fuquay-Varina High School
201 Bengal Dr
Distance between this listing and this school1.31 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school16.98 miles
Public District Grades 9-12
Nearby Schools
3
/10
Southern Wake Academy
5108 Old Powell Rd
Distance between this listing and this school2.96 miles
The neighbors living near this home have an average income of $78,977. The majority of Fuquay Varina, NC residents have income between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1420 Market View Ln
What is the listing price of this property?
The listing price of 1420 Market View Ln property is $1,000,000.
What type of property is this?
The property 1420 Market View Ln is a house located in Fuquay Varina, North Carolina, 27526.
Is this property for sale now?
Active Listing: 1420 Market View Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1420 Market View Ln are: Willow Springs Elementary School: GreatSchools Rating 8/10Fuquay-Varina Middle School: GreatSchools Rating 6/10Fuquay-Varina High School: GreatSchools Rating 6/10Wake Early College of Health and Science: GreatSchools Rating 10/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,383 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1420 Market View Ln has 5 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1420 Market View Ln is 2,993 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1420 Market View Ln is 1890.
This home is located at 1420 Market View Ln in Fuquay Varina, NC and zip code 27526. This 2,993 square foot home, which was built in 1890, sits on a 1.13 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,000,000.
Over 17 listings were sold over their listed price in March 2024 in Fuquay Varina, NC. In the same period over 37 listings were sold below the listed price and 24 listings were sold for the listed price. The number of homes for sale in Fuquay Varina, NC increased by 3.3% between February 2024 and March 2024. In March 2024 median list price was $449,870 and the average listing age was 85 days.
From Rocket Homes Real Estate and based on county public records data.