$1,300,000
SOLD MAY 30, 2025

40 Farrells Creek Rd Apex, NC 27523

3 Beds
4.5 Baths
3,833 Sq Ft
5.27 Acres

Recently Sold

$339 Per Sq Ft

5 Days on Market

Highlights

  • Stables
  • In Ground Pool
  • Transitional Architecture
  • North Chatham Elementary School Rated A-
  • Meadow
  • Cathedral Ceiling

About This Home

As of May 2025

A perfect blend of country charm and city convenience, this stunning six-acre farm captures the essence of southern living in North Chatham. Nestled amidst rolling, scenic vistas, it offers the best of both worlds—peaceful, expansive outdoor spaces and convenient access to modern amenities.More than just a home, this property is a lifestyle. Relax on the generous front and back porches, ideal for sipping tea and enjoying good conversation while taking in the serene views of the pastures and stable, all bordered by a timeless wooden fence, allowing your pets to roam the expansive property worry free. A charming brick patio leads to a sparkling outdoor pool, complete with a new liner, offering a refreshing escape just outside your door.Equestrian enthusiasts will feel right at home, with ample space for horses, including a three stall barn and two multi-acre pastures, or you can simply unwind in the tranquil oasis created by the lush green grounds.Inside, the heart of the home features a grand two-story stone fireplace, perfect for cozy gatherings and creating a welcoming atmosphere. The main level boasts a spacious primary suite, offering both privacy and convenience. Each of the home's bedrooms comes with its own en-suite bath, providing comfort and ease for family and guests alike.The home has been freshly painted, with newly refinished hardwood floors and new carpeting, making it truly move-in ready. A full commercial-grade diesel generator offers peace of mind, ensuring uninterrupted power regardless of the weather.While enjoying the serenity of country living, you'll never be far from the action. Located south of Chapel Hill, you're just a short drive from RDU, UNC, Duke, and the vibrant downtown areas of Cary and Apex. Plus, excellent medical facilities are close by. Adding to its appeal, the property is literally minutes away from multiple public access points on Jordan Lake including boat landings, the marina, walking trails and public access beaches.Don't miss your chance to own this rare piece of paradise—where comfort, luxury, and southern charm come together seamlessly.

Last Agent to Sell the Property

Jill Ehrenfeld

Bold Real Estate License #230608 Listed on: 04/11/2025

Co-Listed By

Dana Harshaw

Bold Real Estate License #347361

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,071

Year Built

  • Built in 1995

Lot Details

  • 5.27 Acre Lot
  • Fenced
  • Meadow
  • Orchard
  • Landscaped with Trees
  • Private Yard
  • Garden
  • Front Yard

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Security Gate
  • Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Vanity
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Air
  • Floor Furnace
  • Well
  • Septic Tank

Community Details

  • Association fees include unknown
  • The Farrells Creek Homeowners Association
  • Farrells Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0069246

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,071

Year Built

Built in 1995

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 1364
  • Co List Office Phone: 919-883-5500
  • Subdivision Name: Farrells Creek
  • Above Grade Finished Sq Ft: 3833.0
  • Architectural Style: Farmhouse, Traditional, Transitional
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Architectural Style Farm House: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Association Phone: 0000000000
  • Levels One and One Half: Yes
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 83.33
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 3833.0
  • Fencing Fenced: Yes
  • General Property Information Lot Size Square Feet2: 229430.52
  • Other Structures Stable(s)4: Yes
  • General Property Information Lot Size Acres: 5.267
  • General Property Information Stories2: 2
  • Security Features Security Gate: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Linoleum
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Primary Downstairs, Soaking Tub
  • Basement: Other
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden, Private Yard
  • Fencing: Fenced
  • Acres: 5.27
  • Construction Type: Fiber Cement
  • Foundation Details: Other
  • Patio And Porch Features: Front Porch, Patio, Porch, Rear Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes
  • Exterior Features:Garden: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Orchard(s): Yes
  • Lot Features:Meadow: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Floor Furnace
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Farrells Creek Homeowners Association
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Farrells Creek Homeowners Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • Horse Amenities:Stable(s)3: Yes
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Horse Amenities: Stable(s)
  • Lot Size Sq Ft: 229430.52
  • ResoLotSizeUnits: Acres
  • Parcel #: 0069246

Tax Info

  • Tax Annual Amount: 6070.74
  • Tax Year: 2024

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 22, 2025
Sold by
Lockwood Brian N
Bought by
Scott Sean and Scott Natalie
Seller's Agent
Jill Ehrenfeld
Bold Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$1,300,000
Sold Price
$1,300,000
Total Days on Market
5
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.78%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.83%
Estimated Equity
$943,324

Purchase Details

Closed on
Feb 23, 2021
Sold by
Norton Michael A
Bought by
Lockwood Brian and Lockwood Mairead

Purchase Details

Closed on
Jan 17, 2003
Sold by
Bitting Ann M
Bought by
Lockwood Brian N and Lockwood Mairead D
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,300,000 None Listed On Document
Warranty Deed $285,000 None Available
Warranty Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 No Value Available
Open $806,000 New Conventional
Previous Owner $307,000 New Conventional
Previous Owner $160,000 Credit Line Revolving
Previous Owner $303,919 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $115,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $1,300,000 0.0% $339 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $1,300,000 -- $339 / 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 $5,934 $695,632 $206,675 $488,957
2023 $5,655 $695,632 $206,675 $488,957
2022 $5,572 $695,632 $206,675 $488,957
2021 $5,502 $695,632 $206,675 $488,957
2020 $4,568 $571,133 $146,595 $424,538
2019 $4,568 $571,133 $146,595 $424,538
2018 $4,301 $570,701 $146,595 $424,106
2017 $4,301 $571,133 $146,595 $424,538
2016 $4,403 $580,620 $146,595 $434,025
2015 $4,334 $580,620 $146,595 $434,025
2014 $4,247 $580,620 $146,595 $434,025
2013 -- $580,620 $146,595 $434,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10088809

Doorify MLS

APN: 69246