NOT LISTED FOR SALE

2708 Olive Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $700,000 - $820,000

4 Beds
3 Baths
3,266 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $620,000 $190 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,694/month

Highlights

  • Tennis Courts
  • The property is located in a historic district
  • Clubhouse
  • Olive Chapel Elementary School Rated A
  • 0.66 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of May 2021

Sometimes there are those homes that come along that are a one of kind piece of art - The Tom Olive House circa 1905 is steeped in rich history but has been meticulously remodeled to blend the new and old perfectly! The parlor is flanked by large entertaining spaces & a beautiful open bannister stairwell! Beautiful modern shaker cabinets with black hardware accent the quartz counters! Main floor guest suite! Cellar for storage. Primary suite with two decorative fireplaces, clawfoot tub and walk in shower!

Last Listed By

Renee Hillman

EXP Realty LLC License #185249 Listed on: 03/26/2021

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1905

Lot Details

  • 0.66 Acre Lot
  • Landscaped
  • Open Lot
  • Historic Home

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3,266 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Dining Room
  • Utility Room
  • Basement
  • Crawl Space

Kitchen

  • Butlers Pantry
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Tennis Courts
  • Deck
  • Covered patio or porch

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Elite Management Association
  • Smith Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

Built in 1905

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Year Built: 1905
  • Prop. Type: Residential
  • Subdivision Name: Smith Farm
  • Above Grade Finished Sq Ft: 3266.0
  • Architectural Style: Farmhouse, National Historic Designation, Traditional, Victorian
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Architectural Style Farm House: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Community Features Historical Area: Yes
  • General Property Information Above Grade Finished Area: 3266.0
  • General Property Information Carport YN: No
  • Architectural Style Victorian: Yes
  • General Property Information Lot Size Square Feet2: 28749.6
  • General Property Information Lot Size Acres: 0.66
  • Architectural Style National Historic Designation: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Butler's Pantry, Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Quartz Counters, Separate Shower, Smooth Ceilings, Tile Counters, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Range Hood, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Tile Counters: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 4

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Acres: 0.66
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Historical Area, Playground, Pool
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3038.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 5, 2021
Sold by
2708 Olive Chapel Llc
Bought by
Roper Matthew A and Roper Kelsey T
Seller's Agent
Renee Hillman
EXP Realty LLC
Buyer's Agent
Susan Stallings
Keller Williams Legacy
List Price
$639,000
Sold Price
$620,000
Premium/Discount to List
-$19,000
-2.97%
Total Days on Market
0
Current Estimated Value
$777,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,646
Avg. Annual Appreciation
5.75%
Original Mortgage
$548,250
Outstanding Balance
$502,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$275,547

Purchase Details

Closed on
Dec 3, 2019
Sold by
Ingram Michael A and Ingram Lindsay
Bought by
2708 Olive Chapel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2019
Sold by
Lennar Carolinas Llc
Bought by
Ingram Michael A

Range of Values:

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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
Roper Matthew A $620,000 None Available
2708 Olive Chapel Llc -- None Available
Ingram Michael A $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roper Matthew A $120,800
Open Roper Matthew A $548,250
Previous Owner 2708 Olive Chapel Llc $259,000
Previous Owner Caraway Shirley O $297,500
Previous Owner Caraway Shirley E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $620,000 -- --
05/05/2021 05/05/21 Sold $620,000 -3.0% $190 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $639,000 -- $196 / 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 $2,890 $672,548 $208,000 $464,548
2023 $3,189 $577,823 $110,000 $467,823
2022 $2,994 $577,823 $110,000 $467,823
2021 $5,740 $577,823 $110,000 $467,823
2020 $3,038 $307,955 $110,000 $197,955
2019 $2,227 $194,352 $110,000 $84,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2374265

Doorify MLS

APN: 0721.01-39-2386-000