NOT LISTED FOR SALE

631 Olde Salem Way Apex, NC 27523

Estimated Value: $438,000 - $516,000

3 Beds
2.5 Baths
1,907 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $479,900 $252 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,229/month

49 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Laurel Park Elementary Rated A
  • End Unit
  • 2 Car Garage

About This Home

As of June 2023

Absolutely lovely End-Unit townhome in prime Apex location. Fall in love with Open layout with Hardwood on entire floor. Nicely upgraded Kitchen w/ Granite Cntrtops, tile backsplash, SS appliances, nice size island and tons of Cabinets to Naturally lit Living room and a dining area. Second floor has two secondary beds, Laundry room with storage and shelves. Huge Master w/ trey ceiling overlooking the backyard with play area. Master Bath with dual vanity and tub shower combo. Screened porch in back.

Last Agent to Sell the Property

Latesh Patel

LP Realty License #253953 Listed on: 05/11/2023

Last Buyer's Agent

Steve Jourdain

Compass -- Cary License #215170

Compass -- Cary

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 2018

Lot Details

  • 3,049 Sq Ft Lot
  • End Unit

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Shake Siding

Interior Spaces

  • 1,907 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Laurel Park Elementary School
  • Salem Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Salem Pointe Owners Assoc Association
  • Salem Pointe Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,283

Year Built

Built in 2018

Lot Details

0

HOA Fees

$154 per month

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Subdivision Name: Salem Pointe
  • Above Grade Finished Sq Ft: 1907.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1907.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Lot Size Acres: 0.07
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.07
  • Common Walls: End Unit
  • Construction Type: Fiber Cement, Shake Siding
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 154.0
  • Association Fee Frequency: Monthly
  • Association Name: Salem Pointe Owners Assoc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Salem Pointe Owners Assoc
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 154.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3283.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Laurel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Sardar Ismail and Parveen Ivana
Total Days on Market
49
Current Estimated Value
$488,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Sardar Ismail $297,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehr Wajahat Ali $457,400
Closed Sardar Ismail $271,400
Closed Sardar Ismail $277,160
Closed Ismail Sardar $28,000
Closed Sardar Ismail $281,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $479,900 -- --
06/30/2023 06/30/23 Sold $479,900 0.0% $252 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $479,900 0.0% $252 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $479,900 -- $252 / 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 $4,136 $482,246 $120,000 $362,246
2023 $3,498 $317,015 $50,000 $267,015
2022 $3,284 $317,015 $50,000 $267,015
2021 $3,158 $317,015 $50,000 $267,015
2020 $3,127 $317,015 $50,000 $267,015
2019 $3,147 $275,374 $60,000 $215,374
2018 $642 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2510078

Doorify MLS

APN: 0743.20-90-2744-000