NOT LISTED FOR SALE

505 Homegate Cir Apex, NC 27502

Estimated Value: $496,000 - $563,000

3 Beds
2 Baths
1,776 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $385,000 $217 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,239/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • 1 Fireplace
  • Scotts Ridge Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2021

Gorgeous home in great Apex neighborhood. Wood floors throughout. Roomy family room with vaulted ceiling, fireplace & French doors to screened porch. Kitchen with granite counters, stainless steel appliances, pantry & breakfast bar is open to living room. Spacious dining room with tray ceiling and wainscoting. Owners' suite with vaulted ceiling, dual sinks, garden tub & separate shower. Great outdoor living spaces including screened porch & large patio. Great Apex location!

Last Agent to Sell the Property

Fred Fetterolf

EXP Realty LLC License #274689 Listed on: 04/09/2021

EXP Realty LLC

Last Buyer's Agent

Tony Yao

CHK Realty License #219218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 2007

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x102x50x102

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Masonite

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Green At Scotts Mill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,493

Year Built

Built in 2007

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: Green at Scotts Mill
  • Above Grade Finished Sq Ft: 1776.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x102x50x102
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Above Grade Finished Area: 1776.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5227.2
  • General Property Information Lot Size Acres: 0.12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Separate Shower, Soaking Tub, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.12
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 320.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 320.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 50x102x50x102
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3493.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 20, 2021
Sold by
Macdonald Brent and Macdonald Susan
Bought by
Song Michelle and Knemer Kevin
Seller's Agent
Fred Fetterolf
EXP Realty LLC
Buyer's Agent
Tony Yao
CHK Realty
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%
Current Estimated Value
$534,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,712
Avg. Annual Appreciation
7.88%
Original Mortgage
$288,750
Outstanding Balance
$261,833
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$272,879

Purchase Details

Closed on
May 6, 2008
Sold by
Preservation Homes Llc
Bought by
Macdonald Brent and Macdonald Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,967
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2006
Sold by
Scotts Woods Llc
Bought by
Preservation Homes Llc
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
Song Michelle $385,000 None Available
Macdonald Brent $261,000 None Available
Preservation Homes Llc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Michelle $288,750
Previous Owner Macdonald Brent $231,000
Previous Owner Macdonald Brent $13,000
Previous Owner Macdonald Brent $232,000
Previous Owner Macdonald Brent $255,137
Previous Owner Macdonald Brent $256,967
Previous Owner Preservation Homes Llc $225,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $385,000 -- --
05/26/2021 05/26/21 Sold $385,000 +10.0% $217 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $350,000 -- $197 / 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 $4,660 $531,438 $152,000 $379,438
2024 $4,657 $543,241 $160,000 $383,241
2023 $3,908 $354,402 $66,000 $288,402
2022 $3,669 $354,402 $66,000 $288,402
2021 $3,529 $354,402 $66,000 $288,402
2020 $3,493 $354,402 $66,000 $288,402
2019 $3,209 $280,819 $56,000 $224,819
2018 $3,023 $280,819 $56,000 $224,819
2017 $2,814 $280,819 $56,000 $224,819
2016 $2,773 $280,819 $56,000 $224,819
2015 $2,853 $282,077 $56,000 $226,077
2014 $2,751 $282,077 $56,000 $226,077
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Fred Fetterolf

    EXP Realty LLC

    Section Image
  • Tony Yao

    Buyer's Agent in 2021

    Tony Yao

    CHK Realty

    (919) 345-6370

    3 in this area

    182 Total Sales

    Tony Yao
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2376573

Doorify MLS

APN: 0731.08-88-3286-000

North Carolina Wake County Apex 27502

505 Homegate Cir, Apex, NC

This home is located at 505 Homegate Cir, Apex, NC 27502 since 09 April 2021 and is currently estimated at $534,712, approximately $301 per square foot. This property was built in 2007. 505 Homegate Cir is a home located in Wake County with nearby schools including Scotts Ridge Elementary School, Apex Middle, and Apex High School.

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