NOT LISTED FOR SALE

3201 Olive Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $683,000 - $813,985

3 Beds
2.5 Baths
2,557 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $635,000 $248 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,361/month

89 Days on Market

Highlights

  • 1.84 Acre Lot
  • Deck
  • Wood Flooring
  • Olive Chapel Elementary School Rated A
  • Family Room with Fireplace
  • Farmhouse Style Home

About This Home

As of February 2024

Unique farmhouse opportunity, situated on a sprawling 1.84-acre lot in the heart of Apex. The main house is a beautifully restored, historic 2-story farmhouse built in 1910. It radiates character and charm, w/stunning hardwood floors &majestic magnolia trees gracing the landscape. The front porch is an ideal place to unwind in a rocking chair soaking in the peaceful surroundings, while the expansive deck provides ample room for outdoor gatherings. Inside, you'll discover a versatile flr plan w/various spaces to suit your needs. The wide plank hardwds on the 1stflr & the lofty 10-ft tall ceilings on the main flr add to the historic allure of the home. Featuring multiple FP, ornate crown & chair rail moldings, shiplap ceilings &walls, bead board wainscot, &original hardware, this house exudes charm. In addition to the main house, there's a detached 1000-sqft garage/storage area. This property combines historical significance, spaciousness, & adaptability in a truly exceptional way!

Last Agent to Sell the Property

Tina Caul

EXP Realty LLC License #267133 Listed on: 10/13/2023

EXP Realty LLC

Co-Listed By

Emily Brown

EXP Realty LLC License #278964

Last Buyer's Agent

Fawn Wang

Onwire Realty LLC License #289828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1910

Lot Details

  • 1.84 Acre Lot

Parking

  • Private Driveway

Home Design

  • Farmhouse Style Home
  • Brick Veneer
  • Wood Siding

Interior Spaces

  • 2,557 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Propane Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,241

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential
  • Co List Office Mls Id: 77445
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2557.0
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1011.0
  • General Property Information Total Unfinished Area2: 1011.0
  • General Property Information Lot Size Dimensions: IRREGULAR
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 2557.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 80150.4
  • General Property Information Lot Size Acres: 1.84
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Interior Amenities: Entrance Foyer
  • Basement: Crawl Space
  • Appliances: Propane Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Family Room, Living Room
  • Fireplaces: 4
  • Total Bedrooms: 12
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 4

Exterior Features

  • Acres: 1.84
  • Construction Type: Brick Veneer, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: 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 - Lufkin Road

Lot Info

  • Lot Dimensions: IRREGULAR
  • Lot Size Sq Ft: 80150.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4241.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 29, 2024
Sold by
Morris Emma C
Bought by
Cowan Christopher and Diraimondo Elizabeth
Seller's Agent
Tina Caul
EXP Realty LLC
Buyer's Agent
Fawn Wang
Onwire Realty LLC
List Price
$664,900
Sold Price
$635,000
Premium/Discount to List
-$29,900
-4.5%
Views
343
Current Estimated Value
$744,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,496
Avg. Annual Appreciation
10.12%
Original Mortgage
$603,250
Outstanding Balance
$592,609
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$151,887

Purchase Details

Closed on
Feb 29, 2008
Sold by
Evans Michael J and Evans Jean M
Bought by
Morris William C and Morris Emma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2007
Sold by
Harrison Christopher K and Harrison Jennifer Sherron
Bought by
Evans Michael J and Evans Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2003
Sold by
Rich Lynda and Rich Jackie D
Bought by
Harrison Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1999
Sold by
Holland Foyster C
Bought by
Fowler Bennett C
Source: Public Records

Range of Values:

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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
Cowan Christopher $635,000 Magnolia Title
Cowan Christopher $635,000 Magnolia Title
Morris William C $425,000 None Available
Evans Michael J $275,000 None Available
Harrison Christopher K $150,000 --
Fowler Bennett C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan Christopher $603,250
Closed Cowan Christopher $603,250
Previous Owner Morris William C $320,000
Previous Owner Evans Michael J $311,000
Previous Owner Harrison Christopher K $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $635,000 -4.5% $248 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/18/2023 12/18/23 Price Changed $664,900 0.0% $260 / Sq Ft
12/18/2023 12/18/23 For Sale $664,900 -5.0% $260 / Sq Ft
12/16/2023 12/16/23 Off Market $699,900 -- --
10/28/2023 10/28/23 Price Changed $699,900 -9.7% $274 / Sq Ft
10/13/2023 10/13/23 For Sale $775,000 -- $303 / 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 $4,954 $768,350 $292,400 $475,950
2024 $4,811 $768,350 $292,400 $475,950
2023 $4,241 $538,822 $209,760 $329,062
2022 $3,931 $538,822 $209,760 $329,062
2021 $3,826 $538,822 $209,760 $329,062
2020 $3,763 $538,822 $209,760 $329,062
2019 $3,111 $375,987 $110,400 $265,587
2018 $2,861 $375,987 $110,400 $265,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2537121

Doorify MLS

APN: 0712.04-80-5684-000