NOT LISTED FOR SALE

499 Olives Chapel Rd Apex, NC 27502

West Apex Neighborhood

Estimated Value: $1,123,152

12.62 Acres
$88,998 Price per Acre
549,727 Sq Ft Lot

Sale Details

Date Sold: September 8, 2023

Last sale price $1,100,000

Est. 2% increase in value since last sale

Current estimated payment $6,598 / mo

426 Days on Market

Highlights

  • 12.62 Acre Lot
  • Grass Field
  • Grass Covered Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of September 2023

This remarkable acreage property is ideal for an estate home or small residential subdivision. Maintained by the same family for decades, it is a unique mix of mature hardwoods, tall pines & open fields. The rolling-mostly level topo makes this ideal for one or more spectacular homesites. This unrestricted land is available as an equestrian property, home w/shop & garage. No covenants/no HOA/no preferred builder/no ARB. Close to intersection of Hwy 751 & 64/RTP/RDU/Beaver Creek & recreational Jordan Lake.

Last Agent to Sell the Property

Eric Andrews

Realty World Carolina Prop License #177746 Listed on: 04/29/2022

Realty World Carolina Prop

Last Buyer's Agent

Eric Andrews

Realty World Carolina Prop License #177746 Listed on: 04/29/2022

Realty World Carolina Prop

Property Details

Property Type

  • Land

Lot Details

  • 12.62 Acre Lot
  • Lot Dimensions are 355x229x200x1273x264x1487
  • Level Lot
  • Wooded Lot
  • Grass Covered Lot

Schools

  • Moncure Elementary And Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Lot Details

12.62 Acres

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 355x229x200x1273x264x1487
  • Remarks and Miscellaneous Syndication Remarks2: This remarkable acreage property is ideal for an estate home or small residential subdivision. Maintained by the same family for decades, it is a unique mix of mature hardwoods, tall pines & open fields. The rolling-mostly level topo makes this ideal for one or more spectacular homesites. This unrestricted land is available as an equestrian property, home w/shop & garage. No covenants/no HOA/no preferred builder/no ARB. Close to intersection of Hwy 751 & 64/RTP/RDU/Beaver Creek & recreational Jordan Lake.
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Water Source Need Well: Yes
  • Vegetation Grassed: Yes
  • General Property Information Lot Size Square Feet2: 549684.0
  • General Property Information Lot Size Acres: 12.619
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 12.62
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Zoning: R-1
  • Current Use: Vacant
  • Lot Dimensions: 355x229x200x1273x264x1487
  • Lot Size Sq Ft: 549684.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: Parcel 0072616

MLS Schools

  • Elementary School: Chatham - Moncure

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Sep 8, 2023
Sold by
Bought by
Seller's Agent
Eric Andrews
Realty World Carolina Prop
Buyer's Agent
Eric Andrews
Realty World Carolina Prop
List Price
$1,750,000
Sold Price
$1,100,000
Premium/Discount to List
-$650,000
-37.14%
Views
314
Current Estimated Value
$1,123,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,152
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 None Listed On Document
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,100,000 -- --
09/08/2023 09/08/23 Sold $1,100,000 -26.7% --
06/29/2023 06/29/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $1,500,000 -14.3% --
04/29/2022 04/29/22 For Sale $1,750,000 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,172 $736,760 $736,760 $0
2024 $5,172 $429,570 $429,570 $0
2023 $3,664 $7,746 $7,746 $0
2022 $61 $7,746 $7,746 $0
2021 $565 $88,101 $88,101 $0
2020 $565 $77,334 $77,334 $0
2019 $602 $77,334 $77,334 $0
2018 $0 $77,334 $77,334 $0
2017 $565 $77,334 $77,334 $0
2016 $439 $59,514 $59,514 $0
2015 $431 $59,514 $59,514 $0
2014 -- $59,514 $59,514 $0
2013 -- $59,514 $59,514 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Andrews

    Seller's Agent in 2023

    Eric Andrews

    Realty World Carolina Prop

    (919) 545-9911

    9 in this area

    233 Total Sales

    Eric Andrews
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Map

Source: Doorify MLS

MLS Number: 2445586

Doorify MLS

APN: 72616

North Carolina Chatham County Apex 27502 West Apex

499 Olives Chapel Rd, Apex, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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