$2,500,000

557 Olives Chapel Rd Apex, NC 27502

Estimated payment $14,494/month

Total Views 12,912
3 Beds
3 Baths
2,690 Sq Ft
$929 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Loft
  • Pond
  • Main Floor Primary Bedroom
  • Mud Room

About This Home

Welcome to Olives Chapel Road. This home and outbuildings are nestled on 12.8 acres with a pond. Unrestricted, no HOA, no Covenants. This is a rare opportunity to buy an estate lot close to RDU, RTP, Downtown Cary and Apex but in Chatham County with lower taxes. Open fields. Pond. Build a hobby farm or a garage. Bring your horses. This property is a few hundred yards from Army Corp land and less than a mile from the shores of Jordan Lake. Without covenants or HOA you can park boats or an RV. Convenience and freedom.

Listing Agent

Eric Andrews

Realty World Carolina Prop License #177746

Realty World Carolina Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1996

Lot Details

  • 12.8 Acre Lot
  • Lot Dimensions are 474x1695x264x1488
  • Property fronts a state road
  • Rectangular Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Gravel Driveway
  • 10 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,690 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Loft
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Patio
  • Separate Outdoor Workshop

Schools

  • Moncure Elementary And Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Private Water Source
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0072617

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,497

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2690.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 474x1695x264x1488
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Laminate: Yes
  • Other Structures Workshop: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • Vegetation Wooded2: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2690.0
  • General Property Information Carport YN: No
  • Other Equipment Generator: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Laundry Features Inside: Yes
  • Roof Architectural Shingle: Yes
  • Common Walls No Common Walls: Yes
  • Vegetation Grassed: Yes
  • Utilities Septic Connected: Yes
  • Lot Features Pond On Lot2: Yes
  • Road Frontage Type State Road: Yes
  • Water Source Private6: Yes
  • General Property Information Lot Size Square Feet2: 557655.12
  • General Property Information Lot Size Acres: 12.802
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement: Crawl Space
  • Appliances: Dryer, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Total Bedrooms: 8
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 12.8
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Gravel
  • Total Parking Spaces: 10.0
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 10.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 10.0

Utilities

  • Utilities: Electricity Connected, Septic Connected, Water Connected, Propane
  • Heating: Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 474x1695x264x1488
  • Lot Size Sq Ft: 557655.12
  • ResoLotSizeUnits: Acres
  • Parcel #: 0072617
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6497.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Chatham - Moncure

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,497 $745,556 $444,060 $301,496
2023 $6,497 $745,556 $444,060 $301,496
2022 $5,963 $745,556 $444,060 $301,496
2021 $5,888 $745,556 $444,060 $301,496
2020 $5,159 $647,049 $292,746 $354,303
2019 $5,159 $647,049 $292,746 $354,303
2018 $4,856 $647,049 $292,746 $354,303
2017 $4,856 $647,049 $292,746 $354,303
2016 $3,713 $486,966 $220,110 $266,856
2015 $3,655 $486,966 $220,110 $266,856
2014 $3,582 $486,966 $220,110 $266,856
2013 -- $486,966 $220,110 $266,856
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 For Sale $2,500,000 -- $929 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Future Advance Clause Open End Mortgage
Closed $450,000 Unknown
Closed $100,000 Credit Line Revolving
Source: Public Records

Source: Doorify MLS

MLS Number: 10042897

Doorify MLS

APN: 72617