NOT LISTED FOR SALE

Estimated Value: $615,110

2.93 Acres
$209,935 Price per Acre
127,631 Sq Ft Lot

Sale Details

Date Sold: July 19, 2021

Last sale price $480,000

Est. 28% increase in value since last sale

Current estimated payment $3,489 / mo

250 Days on Market

Highlights

  • 2.93 Acre Lot
  • Wooded Lot
  • Corner Lot
  • Olive Chapel Elementary School Rated A

About This Lot

As of July 2021

Rare opportunity for prime development in the heart of Apex! Beautiful corner lot with 2.93 acres just minutes to Beaver Creek (0.9 miles), US-64 and 540. Water and sewer near. Apex 2045 Land Use Map has area zoned as Medium Density (3-7 dwelling units per acre).

Last Agent to Sell the Property

Maura Sawyer

Sawyer Realty LLC License #279342 Listed on: 09/17/2020

Co-Listed By

Misty Gonzalez

Daymark Realty License #318397

Last Buyer's Agent

Rajesh Yarlagadda

Parkside Realty Inc. License #278404

Property Details

Property Type

  • Land

Lot Details

  • 2.93 Acre Lot
  • Corner Lot
  • Wooded Lot

Schools

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

Community Details

  • Chapel Ridge Subdivision

Property Details

Property Type

Land

Lot Details

2.93 Acres

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Chapel Ridge
  • Remarks and Miscellaneous Syndication Remarks2: Rare opportunity for prime development in Apex! Beautiful corner lot with 2.93 acres just minutes to Beaver Creek (0.9 miles), US-64 and 540. Currently zoned as rural residential, Town Council has proposed updates to 2045 Land Use Map to to add potential uses and higher density residential.
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • General Property Information Lot Size Acres: 2.93
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.93
  • Lot Features:Wooded: Yes
  • Lot Features:Corner Lot: Yes

Utilities

  • Utilities: Other

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 127630.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2025
Sold by
Chagantipati Raj Kiran and Vemuri Jyotsna
Bought by
Raj Kiran Chagantipati And Jyotsna Vemuri Liv and Chagantipati
Current Estimated Value
$615,110

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jul 16, 2021
Sold by
Mojo Property Management Llc
Bought by
Chagantipati Raj Kiran and Vemuri Jyotsna
Seller's Agent
Maura Sawyer
Sawyer Realty LLC
Buyer's Agent
Rajesh Yarlagadda
Parkside Realty Inc.
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Andrews Jonathan and Andrews Dekebra
Bought by
Mojo Property Management Llc

Purchase Details

Closed on
May 26, 2017
Sold by
Painter Painter R and Painter Patsy P
Bought by
Andrews Jonathan and Andrews Dekebra

Purchase Details

Closed on
Oct 24, 1986
Bought by
Painter Painter R and Painter Patsy P
Source: Public Records
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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
Raj Kiran Chagantipati And Jyotsna Vemuri Liv -- None Listed On Document
Chagantipati Raj Kiran $480,000 None Available
Mojo Property Management Llc -- None Available
Andrews Jonathan $176,000 None Available
Painter Painter R $46,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $480,000 -- --
07/19/2021 07/19/21 Sold $480,000 -3.8% --
05/25/2021 05/25/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $499,000 -0.2% --
09/17/2020 09/17/20 For Sale $500,000 -- --
Source: Doorify MLS

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
2025 $3,007 $470,200 $470,200 --
2024 $2,920 $470,200 $470,200 $0
2023 $1,372 $176,000 $176,000 $0
2022 $1,271 $176,000 $176,000 $0
2021 $1,237 $176,000 $176,000 $0
2020 $1,216 $176,000 $176,000 $0
2019 $1,078 $132,000 $132,000 $0
2018 $0 $132,000 $132,000 $0
2017 $939 $132,000 $132,000 $0
2016 $919 $132,000 $132,000 $0
2015 $799 $115,000 $115,000 $0
2014 $757 $115,000 $115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2343355

Doorify MLS

APN: 0732.03-34-0146-000

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