$439,200
SOLD APR 21, 2025
2 Beds
1 Bath
960 Sq Ft
2 Acres

Recently Sold

$458 Per Sq Ft

10% Above List Price

6 Days on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Bungalow
  • Scotts Ridge Elementary School Rated A
  • Cooling Available
  • 1-Story Property

About This Home

As of April 2025

Hot property, get in now!

Investor's Dream in the Peak of Good Living!

Calling all developers, investors, and visionaries—this 2-acre gem in Apex, NC 27502 is your client's chance to secure prime real estate in one of the Triangle's most sought-after locations.

This property is an incredible opportunity to build new, renovate, or flip for instant equity. Also potential for multiple homes (1/acre), or commercial/office space in the future.

**NOTE: Buyer responsible for confirming all requirements with town of Apex zoning and planning.**

The existing 2-bed, 1-bath home (just under 1,000 sq. ft.) is ready for transformation—whether bringing it back to life or starting fresh on this generous lot. The real value is in the land!

With endless potential and a location right off Old US 1 Hwy, this opportunity is just minutes from downtown Apex, where charm, convenience, and rapid growth make this an investment your clients won't want to miss. The Summit Townhomes coming in across the street and potential future commercial area near The Summit property as well.

✔️ Fix & Flip? The furnace was replaced in 2013, water heater 2019—get in, renovate, and cash in.

✔️ Build New? Take advantage of the hot Apex market and create a dream home. Zoned RR, 1 home per acre - potential for 2 homes on this lot if meet all Apex town development requirements -

**NOTE: buyer responsible for confirming all requirements with town of Apex zoning and planning**

✔️ Investor's Jackpot? Hold the land in this thriving area and watch your equity grow. Future potential for commercial/office space development on land per 2045 Apex town Western Big Branch Plan - **NOTE: buyer responsible for confirming all requirements with town of Apex zoning and planning**

Opportunities like this in The Peak of Good Living don't last long...

Call today to secure your client's next project before someone else does!

NOTES:
Roof may be asphalt shingles
Siding is thought to have asbestos

Last Agent to Sell the Property

Ryan McKinstrie

Compass -- Raleigh License #336106

Compass -- Raleigh

Last Buyer's Agent

Elizabeth Stitt

Northside Realty Inc. License #290120

Northside Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1940

Lot Details

  • 2 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Bungalow

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Scotts Ridge Elementary School
  • Apex Friendship Middle School
  • Apex Friendship High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Buckhorn Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 0730190468

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Subdivision Name: Buckhorn
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 960.0
  • Cooling Ceiling Fan(s): Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 87120.0
  • General Property Information Lot Size Acres: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Roof: See Remarks
  • Acres: 2.0
  • Construction Type: See Remarks
  • Foundation Details: See Remarks

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 6.0
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0730190468
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2082.29
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Scotts Ridge

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $439,200 +10.1% $458 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $399,000 -- $416 / 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
2024 $2,082 $332,092 $304,000 $28,092
2023 $1,556 $196,956 $178,000 $18,956
2022 $1,442 $196,956 $178,000 $18,956
2021 $1,404 $196,956 $178,000 $18,956
2020 $1,381 $196,956 $178,000 $18,956
2019 $1,079 $129,688 $117,000 $12,688
2018 $993 $129,688 $117,000 $12,688
2017 $942 $129,688 $117,000 $12,688
2016 $923 $129,688 $117,000 $12,688
2015 -- $126,233 $90,000 $36,233
2014 -- $126,233 $90,000 $36,233
Source: Public Records

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Source: Doorify MLS

MLS Number: 10087415

Doorify MLS

APN: 0730.01-19-0468-000