NOT LISTED FOR SALE

2232 Olive Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $713,000 - $773,000

4 Beds
2 Baths
2,700 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $700,532 $259 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,242/month

11 Days on Market

Highlights

  • 2.06 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Olive Chapel Elementary School Rated A
  • Attic
  • 2 Car Detached Garage

About This Home

As of March 2022

Rare find in Apex! Very nice 4 BR 2 Bath home on beautiful 2+ acres. Mature trees on a flat parcel give plenty of privacy and outdoor recreation space. In the center of everything w/only County Taxes. 2 car detached garage with multiple out buildings for storage or workshop. Fantastic location easily accessible to all areas in the Triangle. 30 min to UNC; 20-25 Min to RTP, Duke or NC State. Book your showing now....this home and 2 acres won't last long!

Last Agent to Sell the Property

R. Allen Lyles

Dream Maker Properties, LLC License #202810 Listed on: 02/08/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1982

Lot Details

  • 2.06 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,535 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Walk-In Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072204700664000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.06
  • Subdivision Name: None
  • Directions: From Research Triangle Park, take I-40 E to NC-540 W; Go 10 miles to exit 59B-A onto US-64 toward Pittsboro, Apex. Go .7 mi to right onto Kelly Rd for .9 mi to right on Olive Chapel Rd. 2232 is .8 mi on your left.
  • Above Grade Finished Sq Ft: 2535
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2535
  • Main Level Bathrooms: 1
  • Attic Description: Floored Attic, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 072204700664000
  • Zoning: Residential
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 2595
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 21, 2022
Sold by
Crawford Thomas A and Crawford Dianne E
Bought by
Chayen Munshi Mohammad Ebn and Sumee Nasrin
Seller's Agent
R. Allen Lyles
Dream Maker Properties, LLC
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$700,532
Current Estimated Value
$737,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,103
Avg. Annual Appreciation
1.42%
Original Mortgage
$650,750
Outstanding Balance
$609,631
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$128,004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chayen Munshi Mohammad Ebn $701,000 Adams Howell Sizemore & Adams
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chayen Munshi Mohammad Ebn $650,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $700,532 -- $318 / Sq Ft
Source: Triad 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 $4,160 $647,248 $348,400 $298,848
2024 $4,039 $647,248 $348,400 $298,848
2023 $2,877 $366,386 $193,600 $172,786
2022 $2,666 $366,386 $193,600 $172,786
2021 $2,595 $366,386 $193,600 $172,786
2020 $2,552 $366,386 $193,600 $172,786
2019 $2,469 $299,848 $165,610 $134,238
2018 $2,270 $299,848 $165,610 $134,238
2017 $2,152 $299,848 $165,610 $134,238
2016 $2,560 $364,636 $199,200 $165,436
2015 $1,804 $328,844 $155,120 $173,724
2014 -- $328,844 $155,120 $173,724
Source: Public Records

Agents Affiliated with this Home

  • R. Allen Lyles

    Seller's Agent in 2022

    R. Allen Lyles

    Dream Maker Properties, LLC

    (919) 619-7058

    1 in this area

    84 Total Sales

    R. Allen Lyles
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Map

Source: Triad MLS

MLS Number: 1057825

Triad MLS

APN: 0722.04-70-0664-000

North Carolina Wake County Apex 27502 West Apex

2232 Olive Chapel Rd, Apex, NC

Not Listed for Sale

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