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5501 Furan Court

5501 Furan Court, Fuquay Varina, NC 27526
Property in Prescott Downs
Sold Jan 29, 2016
$273,000
$218,400 by Jg Wentworth Home Lending Inc
Mortgage Due Feb 01, 2041
Sold Feb 21, 1997
$198,500
5501 Furan Court in Fuquay Varina, NC was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5501 Furan Court has 2,373 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 32,234 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof. For those who need parking, there is a garage. The garage is 484 sqft. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5501 Furan Court sold most recently in Jan 29, 2016 for a total of $273,000. If you work out the math, that's approximately a cost of $115.04 per sqft. Before that, the property was also sold for $198,500 in Feb 21, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,451 in taxes each year. 5501 Furan Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $336,665. If we break it down further, the land itself was valued at $44,000. Improvements to the property, however, were assessed at a total of $292,665. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 2,373
  • Building Area: 2,373
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,373
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT DOWNS
  • Land Acres: 0.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO24 PRESCOTT DOWNS PH1 BM1996-00021

Ownership

  • Current Owner : BAYSDEN GREGORY S
  • Previous Owner : ASMUSSEN JANET L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053106

Zoning

  • Zoning: RA

Geography

  • Account Number: 0221136
  • District: 12
  • Subdivision Phase Number: 1
  • Parcel: 0646.02-99-3450 0221136
  • Lot: 24
  • Municipality: MIDDLE CREEK
  • Latitude: 35.5892
  • Longitude: -78.8341

    Address

  • Full Address: 5501 Furan Ct
  • Address - House Number: 5501
  • Address - Street Name: Furan
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Fuquay Varina
  • Carrier Code: R012
  • 4-Digit Zip Code: 7999
  • Zip Code: 27526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,451

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 540,687
  • High Value: 611,600
  • Low Value: 469,774

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $238,400
  • First Open Lien Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Jan 29, 2016
  • First Open Lien Mortgage Loan Amount: $218,400
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2041
  • Second Open Lien Mortgage Lender: COASTAL FCU
  • Second Open Lien Mortgage Recording Date: May 19, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $336,665
  • Market Land Value: $44,000
  • Market Improvement Value: $292,665

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,665
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $292,665

    Sales

  • Current Sale Contract Date: Jan 29, 2016
  • Current Sale Recording Date: Jan 29, 2016
  • Current Sale Transaction ID: 11475815541
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 21, 1997
  • Previous Sale Contract Date: Feb 21, 1997
  • Previous Sale Amount: $198,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Mortgage Transaction Date: Jan 29, 2016
  • First Mortgage Loan Amount: $218,400
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2041

About Prescott Downs



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Frequently Asked Questions

What neighborhood is 5501 Furan Court located in?
The 5501 Furan Court is a located in the neighborhood of Prescott Downs in Prescott Downs, Fuquay Varina.
What is the average sales price for listings in 5501 Furan Court?
The average sales price for units in 5501 Furan Court is $0 currently.

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