NOT LISTED FOR SALE

1490 Olives Chapel Rd Apex, NC 27502

Estimated Value: $402,000 - $415,351

4 Beds
5.5 Baths
7,266 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $2,598,548 $358 Per Sq Ft

Current estimated payment $2,344/month

150 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Family Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of November 2023

To be built - modern estate home on 2 acres in Apex! Custom designed floorplan features 2 stories and finished basement. Gourmet kitchen with beautiful cabinetry, two kitchen islands, stainless steel appliances. Open floorplan, formal dining, large breakfast nook. Large master bedroom, spacious master bath with dual vanities and steam shower. Downstairs you will find a large rec room, two additional bedrooms each with an attached bath, home theater and a mechanical/storage room. Extra large five car garage and the beautiful natural setting on 2 acres. Buyer to carry construction/perm financing or pay cash, construction has not started yet.

Last Listed By

Yvonne Beal

Absolute Realty Company, LLC License #247687 Listed on: 02/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2.1 Acre Lot
  • Landscaped with Trees

Parking

  • 5 Car Attached Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 3-Story Property
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Basement
  • Fireplace in Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

  • Pittsboro Elementary School
  • Perry Harrison Middle School
  • Seaforth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Empire Contractors Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

5

Listing Details

  • Builder Name: Empire Contractors Inc.
  • Year Built: 2023
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 4399.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1350.0
  • General Property Information Below Grade Unfinished Area: 235.0
  • General Property Information Total Unfinished Area2: 1585.0
  • General Property Information Lot Size Dimensions: Large
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2024-12-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: No
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: B
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Above Grade Finished Area: 4399.0
  • General Property Information Below Grade Finished Area: 2867.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 91650.24
  • General Property Information Lot Size Acres: 2.104
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Entrance Foyer, Granite Counters, Pantry, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2867.0
  • Fireplace Features: Basement, Family Room
  • Fireplaces: 2
  • Total Bedrooms: 22
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Bookcases: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 2.1
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 5.0

Utilities

  • Heating: Electric, Forced Air, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: Large
  • Lot Size Sq Ft: 91650.24
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 858.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Nov 17, 2023
Sold by
Empire Contractors Inc
Bought by
Imam Syed Taha and Chhotani Imam Iqra
Seller's Agent
Yvonne Beal
Absolute Realty Company, LLC
Buyer's Agent
Jason Dapkevich
EXP Realty LLC
List Price
$1,755,900
Sold Price
$2,598,548
Premium/Discount to List
$842,648
47.99%
Total Days on Market
150
Views
212
Current Estimated Value
$408,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,189,872
Avg. Annual Appreciation
-71.10%
Original Mortgage
$1,901,250
Outstanding Balance
$1,461,488
Interest Rate
7.49%
Mortgage Type
Construction
Estimated Equity
-$1,052,812

Purchase Details

Closed on
Feb 3, 2023
Sold by
Williams Kwabena and Williams Emmanuella S
Bought by
Empire Contractors Inc

Purchase Details

Listed on
Dec 9, 2021
Closed on
Dec 21, 2021
Sold by
Empire Contractors Inc
Bought by
Williams Kwabena and Williams Emmanuella S
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$206,250
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
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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
Imam Syed Taha $400,000 None Listed On Document
Empire Contractors Inc $370,000 --
Williams Kwabena $550 None Listed On Document
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 Imam Syed Taha $1,901,250
Previous Owner Adjabeng George M $206,250
Previous Owner Empire Contractors Inc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $2,598,548 -- --
12/14/2023 12/14/23 Off Market $275,000 -- --
11/21/2023 11/21/23 Sold $2,598,548 +48.0% $358 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $1,755,900 +538.5% $242 / Sq Ft
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 $935 $109,620 $109,620 $0
2023 $935 $109,620 $109,620 $0
2022 $858 $109,620 $109,620 $0
2021 $1,104 $142,770 $142,770 $0
2020 $1,050 $134,928 $134,928 $0
2019 $1,050 $134,928 $134,928 $0
2018 $790 $134,928 $134,928 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Beal

    Seller's Agent in 2023

    Yvonne Beal

    Absolute Realty Company, LLC

    (919) 599-9500

    100 Total Sales

    Yvonne Beal
    Section Image
  • Jason Dapkevich

    Buyer's Agent in 2023

    Jason Dapkevich

    EXP Realty LLC

    (919) 961-2003

    154 Total Sales

    Jason Dapkevich
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495996

Doorify MLS

APN: 0092714

North Carolina Chatham County Apex 27502

1490 Olives Chapel Rd, Apex, NC

Homes for Sale in Apex, NC

This home is located at 1490 Olives Chapel Rd, Apex, NC 27502 since 21 February 2023 and is currently estimated at $408,676, approximately $56 per square foot. This property was built in 2023. 1490 Olives Chapel Rd is a home located in Chatham County with nearby schools including Moncure School and The Math and Science Academy of Apex.

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