$455,000
SOLD NOV 10, 2022

1700 New Hill Olive Chapel Rd Apex, NC 27502

3 Beds
2 Baths
1,282 Sq Ft
3.02 Acres

Recently Sold

$355 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • 3.02 Acre Lot
  • Deck
  • 1 Fireplace
  • Apex Friendship Middle School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of January 2025

Fully Renovated RANCH on 3 acres. Peace and Privacy will be your neighbors! 3 Bedroom, 2 BA Home in Highly Sought-After School District with No HOA! So many options to expand on this beautiful property. Move in Ready w/ New LVP Flooring Throughout Main Areas including Bedrooms. New Bathrooms w/ Floor to Ceiling Tile in Shower/Tub, New Vanities, New Plumbing. Updated Kitchen w/ White Cabinets, Tile Backplash, Granite Countertops & SS Appliances. Fresh Paint, New Plumbing, New Light Fixtures & Ceiling Fans. Lots of Natural Light throughout Home! New 12x14 Deck Overlooking Private Backyard. Separate Storage Shed w/ possibilities! Make this your Dream Home in Prime location to American Tobacco Trail (less than 1 mile), Jordan Lake and Easy Access to Downtown Apex, Hwy 55, Hwy 64 and 540

Last Agent to Sell the Property

Shanda Heller

RE/MAX United License #171707 Listed on: 10/11/2022

RE/MAX United

Last Buyer's Agent

Tricia Sloan

Berkshire Hathaway HomeService License #295158

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1976

Lot Details

  • 3.02 Acre Lot
  • Lot Dimensions are 154x789x154x767

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Storage

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Apex Friendship Elementary And Middle School
  • Apex Friendship High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • New Hope Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,823

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Prop. Type: Residential
  • Subdivision Name: New Hope Estates
  • Above Grade Finished Sq Ft: 1282.0
  • Architectural Style: Ranch, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 154x789x154x767
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 1282.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 131551.2
  • General Property Information Lot Size Acres: 3.02
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Storage
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 3.02
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Apex Friendship

Lot Info

  • Lot Dimensions: 154x789x154x767
  • Lot Size Sq Ft: 131551.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1823.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Apex Friendship

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Nov 14, 2024
Sold by
Rush Virginia and Rush Derek
Bought by
Nalamada Raghava Reddy and Kambalapally Preethi Reddy
Seller's Agent
Lili Ball
Allen Tate/Raleigh-Glenwood
Buyer's Agent
Raghava Nalamada
RTP REALTY ASSOCIATES LLC
List Price
$550,000
Sold Price
$546,000
Premium/Discount to List
-$4,000
-0.73%
Views
30
Current Estimated Value
$545,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$467
Avg. Annual Appreciation
-1.02%
Original Mortgage
$431,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 8, 2022
Sold by
Our Town Capital Llc
Bought by
Rush Virginia and Rush Derek
Seller's Agent
Shanda Heller
RE/MAX United
Buyer's Agent
Tricia Sloan
Berkshire Hathaway HomeService
List Price
$459,000
Sold Price
$455,000
Premium/Discount to List
-$4,000
-0.87%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$446,827
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2022
Sold by
Degusipe & Harlow Properties Llc
Bought by
Our Town Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,827
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2021
Sold by
Rowe Janet H and Rowe Donald L
Bought by
Degusipe & Harlow Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,900
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1976
Bought by
Rowe Donald L and Rowe Janet H
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 Type Sale Price Title Company
Warranty Deed $546,000 None Listed On Document
Warranty Deed $546,000 None Listed On Document
Warranty Deed $455,000 --
Warranty Deed $375,000 --
Warranty Deed $200,000 Accommodation
Deed $36,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $431,000 New Conventional
Previous Owner $446,827 New Conventional
Previous Owner $262,500 Construction
Previous Owner $280,000 New Conventional
Previous Owner $254,900 Commercial
Previous Owner $44,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $546,000 -0.7% $426 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $550,000 +20.9% $429 / Sq Ft
12/15/2023 12/15/23 Off Market $455,000 -- --
11/10/2022 11/10/22 Sold $455,000 -0.9% $355 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $459,000 -- $358 / 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 $2,791 $446,231 $249,000 $197,231
2023 $1,967 $249,754 $140,000 $109,754
2022 $1,824 $249,754 $140,000 $109,754
2021 $1,775 $249,754 $140,000 $109,754
2020 $1,746 $249,754 $140,000 $109,754
2019 $1,867 $226,102 $140,000 $86,102
2018 $1,717 $226,102 $140,000 $86,102
2017 $1,628 $226,102 $140,000 $86,102
2016 $1,595 $226,102 $140,000 $86,102
2015 $1,363 $193,405 $110,000 $83,405
2014 $1,293 $193,405 $110,000 $83,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2478740

Doorify MLS

APN: 0711.04-61-7855-000