NOT LISTED FOR SALE

720 S Salem St Apex, NC 27502

Estimated Value: $500,000

1.04 Acres
$480,769 Price per Acre
45,302 Sq Ft Lot

Last Sold February 10, 2023

Last sale price $482,500 $345 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,750/month

7 Days on Market

Highlights

  • Brush Vegetation
  • Baucom Elementary School Rated A
  • Level Lot

About This Lot

As of February 2023

**MULTIPLE OFFERS RECEIVED** **Best and Final offers due Monday 11/21/22 at 2pm. ** Nearly 1 acre lot near downtown Apex, NC. Zoned MD with Small Town Character District overlay. See attached UDO information. House sold as-is, where-is and no value given to the house. Presumed a tear-down building. Some personal items in the house as well as the vehicles will most likely be removed before closing. Property sold AS-IS,WHERE-IS.

Last Agent to Sell the Property

Cara Pierce

Compass -- Raleigh License #248684 Listed on: 11/14/2022

Compass -- Raleigh

Last Buyer's Agent

Gretchen Coley

Compass -- Raleigh License #209948

Compass -- Raleigh

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Cleared Lot

Schools

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

Community Details

  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

1.04 Acres

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • Water Source Public: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Brush: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information Lot Size Acres: 1.04
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.04
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Baucom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Feb 14, 2023
Sold by
P & R Properties Group Llc
Bought by
Salem Street Townes Llc
Seller's Agent
Cara Pierce
Compass -- Raleigh
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$425,000
Sold Price
$482,500
Premium/Discount to List
$57,500
13.53%
Views
70
Current Estimated Value
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,500
Avg. Annual Appreciation
1.19%

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 17, 2023
Sold by
Ramseur Robert J
Bought by
P & R Properties Group Llc
Seller's Agent
Cara Pierce
Compass -- Raleigh
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$425,000
Sold Price
$482,500
Premium/Discount to List
$57,500
13.53%
Views
70
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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Purchase History

Date Buyer Sale Price Title Company
Salem Street Townes Llc -- --
Salem Street Townes Llc -- None Listed On Document
P & R Properties Group Llc $482,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $482,500 -- --
02/10/2023 02/10/23 Sold $482,500 +13.5% $345 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $425,000 -- $304 / Sq Ft
Source: Doorify MLS

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 $2,086 $236,654 $180,000 $56,654
2024 $2,040 $236,654 $180,000 $56,654
Source: Public Records

Agents Affiliated with this Home

  • Cara Pierce

    Seller's Agent in 2023

    Cara Pierce

    Compass -- Raleigh

    (919) 274-6593

    304 Total Sales

    Cara Pierce
    Section Image
  • Gretchen Coley

    Buyer's Agent in 2023

    Gretchen Coley

    Compass -- Raleigh

    (919) 526-0401

    1,121 Total Sales

    Gretchen Coley
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2483619

Doorify MLS

APN: 0741.05-17-9910-000

North Carolina Wake County Apex 27502

720 S Salem St, Apex, NC

Not Listed for Sale

Lots

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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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