NOT LISTED FOR SALE

1001 Palace Ct Apex, NC 27502

Estimated Value: $678,000 - $841,000

5 Beds
3 Baths
2,927 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $641,000 $219 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,876/month

3 Days on Market

Highlights

  • Finished Room Over Garage
  • 2.01 Acre Lot
  • Wooded Lot
  • Apex Elementary Rated A-
  • Deck
  • Ranch Style House

About This Home

As of October 2021

RARE Apex custom built ranch home set on 2+ acres that exudes peace & tranquility. Apex began appearing on Best Place to Live lists starting in 2007 and steadily climbed the charts until reaching the #1 spot in 2015. This 4 bdrm 3 ba features a large owner suite, great rm plumbed for wet bar, sun rm, deck, new HVAC, new paint inside & out & a finished rm over garage that could be 5th bdrm. Perfect for those looking for serenity w/the convenience of less than 2 miles from designated historic Downtown.

Last Agent to Sell the Property

Marti Hampton

EXP Realty LLC License #132302 Listed on: 08/11/2021

EXP Realty LLC

Last Buyer's Agent

Taylor Anderson

Avenue Real Estate LLC License #283906

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,730

Year Built

  • Built in 1981

Lot Details

  • 2.01 Acre Lot
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Shake Siding

Interior Spaces

  • 2,927 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Buckingham Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,730

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Buckingham
  • Above Grade Finished Sq Ft: 2927.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: xx
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Sunroom: Yes
  • Flooring Laminate: Yes
  • Interior Features Room Over Garage: Yes
  • General Property Information Above Grade Finished Area: 2927.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 87555.6
  • General Property Information Lot Size Acres: 2.01
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Entrance Foyer, Primary Downstairs, Room Over Garage, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 2.01
  • Construction Type: Shake Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Skylight(s): Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: xx
  • Lot Size Sq Ft: 87555.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4730.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 22, 2021
Sold by
Koenig David and Ocr Revocable Trust
Bought by
Harris Brandy Lynn
Seller's Agent
Marti Hampton
EXP Realty LLC
Buyer's Agent
Taylor Anderson
Avenue Real Estate LLC
List Price
$614,900
Sold Price
$641,000
Premium/Discount to List
$26,100
4.24%
Current Estimated Value
$793,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,202
Avg. Annual Appreciation
6.28%
Original Mortgage
$608,000
Outstanding Balance
$555,641
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$256,652

Purchase Details

Closed on
Aug 15, 1996
Bought by
Ocr Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris Brandy Lynn $631,000 None Available
Ocr Trust $294,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Brandy Lynn $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $641,000 -- --
10/05/2021 10/05/21 Sold $641,000 +4.2% $219 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $614,900 -- $210 / 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
2024 $6,645 $776,254 $348,000 $428,254
2023 $5,293 $480,635 $180,000 $300,635
2022 $4,968 $480,635 $180,000 $300,635
2021 $4,778 $480,635 $180,000 $300,635
2020 $4,730 $480,635 $180,000 $300,635
2019 $4,542 $398,187 $170,000 $228,187
2018 $0 $398,187 $170,000 $228,187
2017 $0 $398,187 $170,000 $228,187
2016 $0 $398,187 $170,000 $228,187
2015 -- $317,498 $110,000 $207,498
2014 -- $317,498 $110,000 $207,498
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2401010

Doorify MLS

APN: 0752.13-13-2460-000