NOT LISTED FOR SALE

1464 Olives Chapel Rd Apex, NC 27502

Estimated Value: $1,010,000

2 Acres
$505,000 Price per Acre
87,120 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $275,000

Est. 267% increase in value since last sale

Current estimated payment $5,670/month

Highlights

  • Horses Allowed On Property
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

About This Lot

As of December 2021

For Comp Purposes only - 2 acre lot in Chatham County, must build with Empire Contractors. No HOA, Septic and well needed. Property is in process of being combined and re-subdivided into approx. 2 acre parcel, exact acreage still to be finalized.

Last Listed By

Yvonne Beal

Absolute Realty Company, LLC License #247687 Listed on: 12/09/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $515

Lot Details

  • 2 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

Schools

  • Moncure Elementary And Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$515

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Water Source Need Well: Yes
  • Vegetation Grassed: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 2.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.0
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Moncure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Dec 21, 2021
Sold by
Empire Contractors Inc
Bought by
Adjabeng George M
Seller's Agent
Yvonne Beal
Absolute Realty Company, LLC
Buyer's Agent
Yvonne Beal
Absolute Realty Company, LLC
List Price
$275,000
Sold Price
$275,000
Total Days on Market
0
Current Estimated Value
$1,010,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,000
Original Mortgage
$206,250
Outstanding Balance
$184,678
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Goodwin Roger Graham
Bought by
Empire Contractors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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Average Value
Not Available
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
Adjabeng George M $550 Adams Howell Sizemore & Adams
Empire Contractors Inc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adjabeng George M $206,250
Previous Owner Empire Contractors Inc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $275,000 -- --
12/29/2021 12/29/21 Sold $275,000 0.0% --
12/09/2021 12/09/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $275,000 -- --
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 $515 $60,345 $60,345 $0
2023 $515 $60,345 $60,345 $0
2022 $473 $60,345 $60,345 $0
2021 $236 $30,510 $30,510 $0
2020 $267 $34,347 $34,347 $0
2019 $267 $34,347 $34,347 $0
2018 $151 $34,347 $34,347 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Beal

    Seller's Agent in 2021

    Yvonne Beal

    Absolute Realty Company, LLC

    (919) 599-9500

    100 Total Sales

    Yvonne Beal
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Map

Source: Doorify MLS

MLS Number: 2422822

Doorify MLS

APN: 0092713

North Carolina Chatham County Apex 27502

1464 Olives Chapel Rd, Apex, NC

Homes for Sale in Apex, NC

This home is located at 1464 Olives Chapel Rd, Apex, NC 27502 since 09 December 2021 and is currently priced at $1,010,000. 1464 Olives Chapel Rd is a home located in Chatham County with nearby schools including Moncure School and The Math and Science Academy of Apex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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