NOT LISTED FOR SALE

2436 Olive Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $1,200,000 - $2,442,143

5 Beds
4.5 Baths
6,156 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,300,000 $211 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,798/month

92 Days on Market

Highlights

  • Water Views
  • Barn
  • 4.68 Acre Lot
  • Olive Chapel Elementary School Rated A
  • Horses Allowed On Property
  • Deck

About This Home

As of June 2021

Gated Private Estate on 7ac lake w/ private dock, Brazilian cherry floors, 1st fl master, study, gourmet kit w/2 dishwashers. 2nd floor has 4 lrg bdrms, loft & huge bonus w/ kit. Basement apartment w/kit, laundry, living rm, 2 lg bdr, lg screened porch, slate patio w/ stone fireplace over looking lake, attached 3 car gar, circular drive + extra parking, new paint, carpet & Roof in 2021. Barn for vehicles or horses! Multi-generational home. NO HOAs or city taxes, minutes to dt Apex! Taking backup offers

Last Agent to Sell the Property

Kim Hellner

Allen Tate/Cary License #297868 Listed on: 01/16/2021

Allen Tate/Cary

Last Buyer's Agent

Leonna Weiss

EXP Realty LLC License #278475

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 2005

Lot Details

  • 4.68 Acre Lot
  • Fenced Yard
  • Irrigation Equipment
  • Wooded Lot

Parking

  • 3 Car Garage
  • Parking Pad
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Water Views
  • Intercom

Kitchen

  • Butlers Pantry
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Attic

  • Permanent Attic Stairs
  • Unfinished Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Natural lighting in basement

Outdoor Features

  • Dock Permitted
  • Deck
  • Patio
  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Outbuilding
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Containment Control
  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Built by Custom

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,356

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Builder Name: Custom
  • Year Built: 2005
  • Prop. Type: Residential
  • Horses: Yes
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 4463.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Interior Features BathtubShower Combination: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Other Structures Outbuilding: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Gated Private Estate on 7ac lake w/ private dock, Brazilian cherry floors, 1st fl master, study, gourmet kit w/2 dishwashers. 2nd floor has 4 lrg bdrms, loft & huge bonus w/ kit. Basement apartment w/kit, laundry, living rm, 2 lg bdr, lg screened porch, slate patio w/ stone fireplace over looking lake, attached 3 car gar, circular drive + extra parking, new paint, carpet & Roof in 2021. Barn for vehicles or horses! Multi-generational home. NO HOAs or city taxes, minutes to dt Apex! Taking backup offers
  • Other Structures Workshop: Yes
  • Other Equipment Intercom: Yes
  • Basement Heated3: Yes
  • Interior Features ApartmentSuite: Yes
  • Attic Features Unfinished2: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Horse YN2: Yes
  • Interior Features Radon Mitigation: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 4463.0
  • General Property Information Below Grade Finished Area: 1693.0
  • General Property Information Carport YN: No
  • Lot Water Features Dock Permit Installed: Yes
  • Other Structures Barn(s): Yes
  • General Property Information Lot Size Square Feet2: 203860.8
  • General Property Information Lot Size Acres: 4.68
  • General Property Information:Living Area3: 6156.0
  • General Property Information Builder Name: Custom
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Wood
  • Interior Amenities: Apartment/Suite, Bathtub/Shower Combination, Butler's Pantry, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Radon Mitigation, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Basement: Apartment, Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1693.0
  • Fireplace Features: Gas Log, Living Room, Outside, Stone
  • Fireplaces: 2
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Outside: Yes
  • Fireplace Features:Stone3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement Finished: Yes
  • Basement:Apartment: Yes
  • Full Basement: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 4.68
  • Home Warranty: Yes
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: 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:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Concrete, Detached, Driveway, Garage, Garage Faces Side, Parking Pad
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Natural Gas, Radiant, Radiant Floor, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Radiant: 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 County Schools

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 203860.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Contaminant Control

Tax Info

  • Tax Annual Amount: 6356.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2011
Sold by
Grinnell William J and Grinnell Cean L
Bought by
Bass Michael E and Bass Sherrie L
Current Estimated Value
$1,714,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$215,305
Interest Rate
4.79%
Mortgage Type
New Conventional
Estimated Equity
$1,499,231

Purchase Details

Closed on
Jan 31, 2005
Sold by
Hart Adam C and Hart Ann L
Bought by
Grinnell William J and Grinnell Cean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Bass Michael E $660,000 First American Title Ins Co
Grinnell William J $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Michael E $310,000
Previous Owner Grinnell William J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,300,000 -- --
06/04/2021 06/04/21 Sold $1,300,000 -5.7% $211 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,379,000 0.0% $224 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $1,379,000 -- $224 / 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 $9,353 $1,459,255 $612,160 $847,095
2024 $9,082 $1,459,255 $612,160 $847,095
2023 $7,170 $917,029 $350,800 $566,229
2022 $6,643 $917,029 $350,800 $566,229
2021 $6,464 $917,029 $350,800 $566,229
2020 $6,357 $917,029 $350,800 $566,229
2019 $6,645 $811,197 $331,080 $480,117
2018 $6,107 $811,197 $331,080 $480,117
2017 $0 $811,197 $331,080 $480,117
2016 $5,670 $811,197 $331,080 $480,117
2015 $4,589 $657,875 $174,816 $483,059
2014 $4,349 $657,875 $174,816 $483,059
Source: Public Records

Agents Affiliated with this Home

  • Kim Hellner

    Seller's Agent in 2021

    Kim Hellner

    Allen Tate/Cary

    (919) 656-0210

    7 in this area

    55 Total Sales

    Kim Hellner
    Section Image
  • Leonna Weiss

    Buyer's Agent in 2021

    Leonna Weiss

    EXP Realty LLC

    (919) 648-0458

    3 in this area

    238 Total Sales

    Leonna Weiss
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2362052

Doorify MLS

APN: 0722.04-50-3445-000

North Carolina Wake County Apex 27502 West Apex

2436 Olive Chapel Rd, Apex, NC

Not Listed for Sale

Detached

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