705 Barleymow Road
Fuquay-Varina · Fuquay-Varina, NC 27526
$289,000
$233 per sq ft
- 3bedrooms
- 1.5bathrooms
- 1,240sq ft
- 0.24acre lot
- 1972built
- NoneHOA / mo
The least expensive house we have listed, and an honest description of why
A 1972 brick ranch, 1,240 square feet, three bedrooms and a bath and a half. The roof is 2019 and the HVAC is 2020, so the expensive systems are handled. Everything cosmetic is not: the kitchen and bath are original, the carpet needs replacing and the popcorn ceiling should be tested for asbestos before removal, which is standard for the era. We are telling you this up front because it is the difference between a $289,000 house and a $360,000 house, and for the right buyer that difference is the whole point.
- Roof 2019, HVAC 2020
- Kitchen and bath original to 1972
- Test the popcorn ceiling before removal — standard for this era
- FHA 203(k) or HomeStyle renovation loan eligible
What this house has
- Single storey
- No HOA
- Fenced yard
- Main-floor primary
The numbers
| Listing ID | HS-1092 |
|---|---|
| Property type | Single-family |
| Style | Ranch |
| Status | Active |
| Bedrooms | 3 |
| Bathrooms | 1.5 (1 full, 1 half) |
| Interior | 1,240 sq ft |
| Price per sq ft | $233 |
| Lot | 0.24 acre |
| Year built | 1972 |
| HOA / condo fee | None |
| Estimated tax rate | 1.0870% of value per year |
| Listed on | July 23, 2026 |
| County | Wake County, NC |
| Street | Invented — see the note below |
Fuquay-Varina
Two former railroad villages that merged into one town, so there are two small historic centres and a wide belt of subdivisions built since 2000 between and around them.
- Housing stock Detached two-storeys of 1,700–3,400 sq ft in the newer subdivisions; early-1900s wood-frame houses of 1,100–2,000 sq ft near the two downtown cores.
- Typical lot 0.16–0.45 acre; larger on the rural edges
- Getting about About 22 miles to downtown Raleigh via US-401; roughly 25 miles to RTP.
Assigned schools
These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one here will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryBallentine Elementary
- MiddleFuquay-Varina Middle
- HighFuquay-Varina High
- DistrictWake County Public School System
On this demonstration site the assignment is invented, and the homes have no real address to assign. In reality attendance areas are reassigned periodically and a base assignment can change before you close — verify it directly with Wake County Public School System before you rely on it.
What this would cost a month
Change any number. Nothing here is a quote — it is arithmetic.
$2,094
estimated total monthly ·$260,100 borrowed
- Principal and interest
- $1,635
- Property tax
- $262
- Homeowner’s insurance
- $77
- HOA / condo fee
- $0
- Mortgage insurance (PMI)
- $119
Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.
Over the full term you would pay about $328,668 in interest, assuming you never pay extra and never refinance.
Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.
Scored on this data, not hand-picked
Homes like this one
Ranked by real similarity across price, size, bedrooms, bathrooms, property type, neighbourhood and build era. Sold homes are excluded, because offering you something you cannot buy is not a recommendation.
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Brick ranch, no HOA, a third of an acre, eight miles from downtown
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