NOT LISTED FOR SALE

501 Center St Apex, NC 27502

Estimated Value: $488,000

2 Beds
1 Bath
1,300 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $475,000 $365 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,891/month

Highlights

  • Two Primary Bedrooms
  • City View
  • Family Room with Fireplace
  • Apex Elementary Rated A-
  • 0.43 Acre Lot
  • Ranch Style House

About This Home

As of April 2024

WOW! Unreal opportunity to own in historic downtown Apex-steps to restaurants & shopping. All brick ranch home WITH READY TO FINISH BASEMENT on .43 acre homesite with 1 car attached garage and a detached garage as well. Come live the ''downtown'' life or buy for investment! This home has endless possibilities; finish the basement, build ''out'', or build ''up''-the land alone was just re-assessed for $322K. Well maintained with formal living area, large kitchen and cozy family room with fireplace. 2 ample sized bedrooms on main level. Newer HVAC. Basement already has a bathroom ready for your finishing touches and 2 bedrooms. Separate rear entry w/ mud-room/laundry area. Priced to sell, home is being sold as is.

Last Agent to Sell the Property

Michael Wolgin

The Wolgin Real Estate Group License #268845 Listed on: 02/15/2024

Last Buyer's Agent

Kenneth Godwin

Godwin Marketing Group, LLC License #317054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1957

Lot Details

  • 0.43 Acre Lot
  • Corner Lot
  • Few Trees

Parking

  • 1 Car Garage
  • Inside Entrance
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Lead Paint Disclosure

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Carpet
  • City Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Partially Finished Basement

  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Block Basement Construction
  • Natural lighting in basement

Schools

  • Apex Elementary School
  • Apex Middle School
  • Apex High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0742509989

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,353

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1957
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Below Grade Unfinished Area: 1151.0
  • General Property Information Total Unfinished Area2: 1151.0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • Basement Unheated: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1300.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 18730.8
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Waterfront YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Primary Downstairs, Second Primary Bedroom
  • Basement: Block, Daylight, Exterior Entry, Interior Entry, Partially Finished, Sump Pump, Unheated, Walk-Up Access
  • Appliances: Dishwasher, Electric Range
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Family Room, Wood Burning
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Basement: Yes
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Community Features:Curbs: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Acres: 0.43
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Few Trees: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: No
  • Parking Features: Attached, Concrete, Detached, Driveway, Inside Entrance
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 1.0
  • Other Structures:Garage(s): Yes
  • Parking Features:Inside Entrance: Yes
  • Other Structures:Second Garage: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0742509989
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2353.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Apex Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 26, 2024
Sold by
Henderson Paula Mills
Bought by
Gemstone Homes Llc
Seller's Agent
Michael Wolgin
The Wolgin Real Estate Group
Buyer's Agent
Kenneth Godwin
Godwin Marketing Group, LLC
List Price
$400,000
Sold Price
$475,000
Premium/Discount to List
$75,000
18.75%
Views
74
Current Estimated Value
$488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,000
Original Mortgage
$349,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Mills Howard Richard and Mills Willie Mae
Bought by
Henderson Paula Mills

Purchase Details

Closed on
Jul 31, 2000
Sold by
Estes Minnie W
Bought by
Barnes John Marshall and Stephenson Gregory Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Gemstone Homes Llc $475,000 None Listed On Document
Henderson Paula Mills -- None Available
Barnes John Marshall $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gemstone Homes Llc $787,000
Closed Gemstone Homes Llc $349,500
Previous Owner Barnes John Marshall $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $475,000 +18.8% $365 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $400,000 -- $308 / 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
2023 $2,353 $212,688 $90,000 $122,688
2022 $2,210 $212,688 $90,000 $122,688
2021 $2,126 $212,688 $90,000 $122,688
2020 $2,104 $212,688 $90,000 $122,688
2019 $0 $179,852 $75,600 $104,252
2018 $0 $179,852 $75,600 $104,252
2017 $0 $179,852 $75,600 $104,252
2016 $1,783 $205,052 $100,800 $104,252
2015 -- $156,373 $52,000 $104,373
2014 -- $156,373 $52,000 $104,373
Source: Public Records

Agents Affiliated with this Home

  • Michael Wolgin

    Seller's Agent in 2024

    Michael Wolgin

    The Wolgin Real Estate Group

    (919) 757-1241

    53 in this area

    503 Total Sales

    Michael Wolgin
    Section Image

  • K

    Buyer's Agent in 2024

    Kenneth Godwin

    Godwin Marketing Group, LLC

    (919) 697-2370

    18 in this area

    46 Total Sales

    Kenneth Godwin
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10011684

Doorify MLS

APN: 0742.19-50-9989-000

North Carolina Wake County Apex 27502

501 Center St, Apex, NC

This home is located at 501 Center St, Apex, NC 27502 since 15 February 2024 and is currently priced at $488,000, approximately $375 per square foot. This property was built in 1957. 501 Center St is a home located in Wake County with nearby schools including Apex Elementary, Apex Middle, and Apex High School.

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