$220,000

502 1st St Apex, NC 27502

Estimated payment $1,336/month

2 Beds
1 Bath
1,032 Sq Ft
$213 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • Baucom Elementary School Rated A
  • Covered Patio or Porch
  • 1-Story Property

About This Home

Here's your chance! Rare opportunity to secure a highly desirable lot within walking distance to Historic Downtown Apex. This property is ideal for builders, investors, or buyers looking to tear down and build new in one of Wake County's most in-demand areas. Existing home has already had asbestos professionally removed, and a new survey has been completed, saving time and upfront development costs. Enjoy the benefit of a walkable lifestyle with easy access to restaurants, coffee shops, breweries, parks, and year-round community events in downtown Apex. New construction in this area continues to see strong demand and premium resale value. Opportunities like this in the heart of Apex are limited.

Listing Agent

Mike Proctor

Triangle Home Team Realty License #277511 Listed on: 05/23/2026

Co-Listing Agent

Luke Proctor

Triangle Home Team Realty License #361722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned HD SF

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 074105294036000 0027184

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,738

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Horses: No
  • Road Surface Type: Asphalt
  • Co List Office Phone: 919-355-8063
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1032.0
  • Architectural Style: Ranch, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: None
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Acres: 0.12
  • Construction Type: Brick
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Front Porch

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: HD SF
  • Horse Amenities: None
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 074105294036000 0027184

Tax Info

  • Tax Annual Amount: 1738.47
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Baucom

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,738 $196,824 $130,000 $66,824
2024 $1,700 $196,824 $130,000 $66,824
2023 $1,245 $111,649 $45,000 $66,649
2022 $1,169 $111,649 $45,000 $66,649
2021 $1,125 $111,649 $45,000 $66,649
2020 $1,114 $111,649 $45,000 $66,649
2019 $870 $74,820 $27,000 $47,820
2018 $820 $74,820 $27,000 $47,820
2017 $764 $74,820 $27,000 $47,820
2016 $754 $74,820 $27,000 $47,820
2015 $658 $63,544 $14,000 $49,544
2014 -- $63,544 $14,000 $49,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2026 05/23/26 For Sale $220,000 +18.9% $213 / Sq Ft
12/15/2023 12/15/23 Off Market $185,000 -- --
04/08/2022 04/08/22 Sold $185,000 +23.3% $179 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $150,000 -- $145 / Sq Ft
Source: Doorify MLS

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 Type Sale Price Title Company
Warranty Deed $185,000 Gold Law Pa
Deed -- Attorney
Source: Public Records

Source: Doorify MLS

MLS Number: 10169454

Doorify MLS

APN: 0741.05-29-4036-000

Your Personal Tour Guide

Ask me questions while you tour the home.