NOT LISTED FOR SALE

2224 Olive Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $602,000 - $707,000

3 Beds
2 Baths
2,093 Sq Ft
$316/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $600,000 $287 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,821/month

1 Day on Market

Highlights

  • 2 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Olive Chapel Elementary School Rated A
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of September 2023

Secluded bungalow with no city tax nestled on a beautiful 2 acre property lot in a prime Apex location! Extensive updates inside and out with character and charm throughout the cedar cottage! New 2018 roof, brand new upstairs HVAC installed in August, new 2023 water heater, water tank & well pump, vapor barrier added in crawl space, grid-less windows and skylights allow natural light to shine in, enclosed front porch, formal dining room adjacent to the spacious kitchen with expansive island, prep sink, double ovens, new floors & fresh paint. Two living room spaces, one showcasing a wood burning fireplace. First floor owners suite with WIC and two additional bedrooms upstairs. Fabulous screened porch links the main house to a 2-car detached garage with 600sqft of future expansion.

Last Agent to Sell the Property

Erica Anderson

Team Anderson Realty License #266838 Listed on: 08/21/2023

Last Buyer's Agent

Olumide Olurinmade

Covenant Realty License #270678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1981

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 199 x 435 x 202 x 437
  • Secluded Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Block Foundation
  • Cedar

Interior Spaces

  • 2,093 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Olive Chapel Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

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: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2093.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 600.0
  • General Property Information Total Unfinished Area2: 600.0
  • General Property Information Lot Size Dimensions: 199 x 435 x 202 x 437
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Fireplace Features Fireplace Screen: Yes
  • Levels One and One Half: Yes
  • Other Structures Workshop: Yes
  • Room Types Recreation Room3: Yes
  • Foundation Details Block3: Yes
  • Interior Features Room Over Garage: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 2093.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 87120.0
  • General Property Information Lot Size Acres: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Primary Downstairs, Room Over Garage, Shower Only, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Induction Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Fireplace Screen, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Induction Cooktop: Yes

Exterior Features

  • Acres: 2.0
  • Construction Type: Cedar
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Cedar: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Gravel, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 199 x 435 x 202 x 437
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2864.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 25, 2023
Sold by
Govindasamy Leena and Govindasamy Ricardo
Bought by
Rl Property Group Llc
Seller's Agent
Erica Anderson
Team Anderson Realty
Buyer's Agent
Olumide Olurinmade
Covenant Realty
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Views
30
Current Estimated Value
$660,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,467
Avg. Annual Appreciation
4.92%
Original Mortgage
$480,000
Outstanding Balance
$470,579
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$189,888

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 21, 2023
Sold by
Borden Christopher P
Bought by
Govindasamy Leena
Seller's Agent
Erica Anderson
Team Anderson Realty
Buyer's Agent
Olumide Olurinmade
Covenant Realty
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$470,579
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$189,888

Purchase Details

Closed on
Dec 13, 2019
Sold by
Williamson Daniel R and Williamson Shirley H
Bought by
Williamson Jonathan T and Williamson Daniel R

Purchase Details

Closed on
Jun 29, 2007
Sold by
Borden Christopher P and Borden Monica Lewis
Bought by
Borden Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 1992
Bought by
Borden Christopher
Source: Public Records

Range of Values:

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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
Rl Property Group Llc -- None Listed On Document
Govindasamy Leena $600,000 None Listed On Document
Williamson Jonathan T -- None Available
Borden Christopher -- None Available
Borden Christopher $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govindasamy Leena $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $600,000 +4.3% $287 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $575,000 -- $275 / 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
2025 $3,992 $620,941 $340,000 $280,941
2024 $3,876 $620,941 $340,000 $280,941
2023 $3,089 $393,668 $205,000 $188,668
2022 $2,863 $393,668 $205,000 $188,668
2021 $2,786 $393,668 $205,000 $188,668
2020 $2,740 $393,668 $205,000 $188,668
2019 $2,977 $362,008 $195,000 $167,008
2018 $2,737 $362,008 $195,000 $167,008
2017 $2,594 $362,008 $195,000 $167,008
2016 $2,541 $362,008 $195,000 $167,008
2015 $2,156 $307,501 $152,000 $155,501
2014 $2,043 $307,501 $152,000 $155,501
Source: Public Records

Agents Affiliated with this Home

  • Erica Anderson

    Seller's Agent in 2023

    Erica Anderson

    Team Anderson Realty

    (919) 376-5051

    19 in this area

    1,127 Total Sales

    Erica Anderson
    Section Image
  • Olumide Olurinmade

    Buyer's Agent in 2023

    Olumide Olurinmade

    Covenant Realty

    (919) 699-2200

    5 in this area

    58 Total Sales

    Olumide Olurinmade
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2528130

Doorify MLS

APN: 0722.04-70-2657-000

North Carolina Wake County Apex 27502 West Apex

2224 Olive Chapel Rd, Apex, NC

This home is located at 2224 Olive Chapel Rd, Apex, NC 27502 since 21 August 2023 and is currently estimated at $660,467, approximately $315 per square foot. This property was built in 1981. 2224 Olive Chapel Rd is a home located in Wake County with nearby schools including Olive Chapel Elementary School, Lufkin Road Middle School, and Apex Friendship High School.

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.

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