NOT LISTED FOR SALE

Estimated Value: $316,000 - $348,000

1.71 Acres
$191,084 Price per Acre
74,488 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $275,000 $353 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,844/month

497 Days on Market

Highlights

  • 1.71 Acre Lot
  • Middle Creek Elementary School Rated A-
  • Corner Lot

About This Lot

As of October 2021

Location, location, location! Great opportunity for development in Apex. Corner Lot. Five minutes to US 1 and downtown Apex. Twenty minutes to RDU Airport and downtown Raleigh, yet still in a peaceful country setting. Lot is level and perfect for development. Neighboring Colvin Park Subdivision with homes sold in the $450k - $600k range up to 2017. Additional 3.82 acres available with this parcel. See MLS - 2294436

Last Agent to Sell the Property

Eric Estes

Long & Foster Real Estate INC/Triangle East License #308740 Listed on: 01/02/2020

Last Buyer's Agent

Jhansi Kolla

RTP NC Realty License #270613

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,342

Lot Details

  • 1.71 Acre Lot
  • Property fronts an easement
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RR

Schools

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

Mobile Home

Utilities

  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$1,342

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Easement
  • Road Surface Type: Paved, Unimproved
  • Subdivision Name: Not in a Subdivision
  • Water Source Well: Yes
  • Vegetation Cleared2: Yes
  • Other Structures Mobile Home: Yes
  • Road Frontage Type Easement: Yes
  • General Property Information Lot Size Acres: 1.71
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.71
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: None
  • Water Source: Well

Schools

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

Lot Info

  • Zoning: RR
  • Current Use: Vacant
  • Lot Size Sq Ft: 74487.6
  • ResoLotSizeUnits: Acres
  • Wooded Area: 0.24
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Oct 21, 2021
Sold by
Scott Raymond Love and Scott Ada Mae
Bought by
Pulivarthi Venkata Siva Krishna and Nallamothu Lakshmi Manasa
Seller's Agent
Eric Estes
Long & Foster Real Estate INC/Triangle East
Buyer's Agent
Jhansi Kolla
RTP NC Realty
List Price
$401,850
Sold Price
$275,000
Premium/Discount to List
-$126,850
-31.57%
Current Estimated Value
$326,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,754
Avg. Annual Appreciation
4.47%
Original Mortgage
$180,000
Outstanding Balance
$164,143
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$162,611

Purchase Details

Listed on
Jan 2, 2020
Closed on
Oct 5, 2021
Sold by
Scott Raymond Love and Scott Ada Mae
Bought by
Pulivarthi Venkata Siva Krishna Kumar and Nallamothu Lakshmi Manasa
Seller's Agent
Eric Estes
Long & Foster Real Estate INC/Triangle East
Buyer's Agent
Jhansi Kolla
RTP NC Realty
List Price
$401,850
Sold Price
$275,000
Premium/Discount to List
-$126,850
-31.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$164,143
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$162,611
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pulivarthi Venkata Siva Krishna -- --
Pulivarthi Venkata Siva Krishna Kumar $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulivarthi Venkata Siva Krishna Kumar $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $275,000 -- --
10/20/2021 10/20/21 Sold $275,000 -17.5% $353 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
01/01/2021 01/01/21 Price Changed $333,450 -7.1% $428 / Sq Ft
08/03/2020 08/03/20 Price Changed $359,100 -10.6% $460 / Sq Ft
01/02/2020 01/02/20 For Sale $401,850 -- $515 / 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 $1,342 $206,755 $193,900 $12,855
2024 $1,304 $206,755 $193,900 $12,855
2023 $1,061 $133,505 $124,760 $8,745
2022 $984 $133,505 $124,760 $8,745
2021 $958 $133,505 $124,760 $8,745
2020 $943 $133,505 $124,760 $8,745
2019 $1,400 $169,027 $128,340 $40,687
2018 $0 $169,027 $128,340 $40,687
2017 $1,222 $169,027 $128,340 $40,687
2016 $742 $169,027 $128,340 $40,687
2015 $706 $154,967 $117,158 $37,809
2014 $670 $154,967 $117,158 $37,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2294470

Doorify MLS

APN: 0750.02-78-6126-000