4 months on rocket

557 Olives Chapel Rd, Apex, NC, 27502

$2,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,690 SqFt
$929/SqFt
House

Location

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557 Olives Chapel Rd, Apex$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Faces Front, Gravel
Attached Garage2 spaces
Year Built1996
HeatingHeat Pump
CoolingCentral Air, Electric, Heat Pump
MLS #10042897
Lot Size12.80 Acres
StatusActive

About 557 Olives Chapel Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1996
  • Living Area: 2,690 SqFt

Listing Office:

  • Office Name: Realty World Carolina Prop
  • Office Phone: (919) 545-9911
  • Listing Agent: Eric C Andrews

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Faces Front, Gravel

Lot Features

Lot Information:

  • Lot: Cleared, Pond On Lot, Rectangular Lot, Wooded
  • Lot Size: 12.80 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Electric, Heat Pump

Other

Directions Information:

  • Directions: From Pittsboro roundabout, east on East St, merge onto Hwy 64 toward Apex/Raleigh, R onto New Hill Rd, R onto Olives Chapel Road, property will be on R. From Apex, west on Hwy 64, L onto New Hill Rd, R onto Olives Chapel Road, property will be on R.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $929/SqFt

Tax Information:

  • Annual Amount: $5,159
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Apex, NC.

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Apex, NC

City

Med. Sold Price

$614.6K

Med. Price/SqFt

$247

Avg. Days On Market

38

# of Sold Homes

69

557 Olives Chapel Rd vs Apex

147 DAYS ON ROCKET

+109 Days

$2,500,000

+$1.8M More

$929/SqFt

+$682 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $682/SqFt more than other homes in Apex, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10042897

Listing Office:

  • Office Name: Realty World Carolina Prop
  • Office Phone: (919) 545-9911
  • Listing Agent: Eric C Andrews

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,159$647,049
2019$4,855$647,049
2018$4,856$647,049
2017$3,713$647,049

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4320014
8
/10

  • Olive Chapel Elementary School

  • 1751 Olive Chapel Rd

  • 4.01 miles

  • Public District Grades PK-5

school-card-donut-4320015
10
/10

  • White Oak Elementary School

  • 1512 White Oak Church Rd

  • 4.23 miles

  • Public District Grades PK-5

school-card-donut-4320016
6
/10

  • Scotts Ridge Elementary School

  • 6601 Apex Barbecue Rd

  • 4.68 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,821. Residents of Apex, NC typically earn between $100k-200k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Apex, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Apex, NC.

The housing landscape in Apex is characterized by a blend of architectural styles, with single-family homes being the most prevalent, reflecting a suburban charm. The market is diverse, offering a mix of modern, traditional, and craftsman designs. A significant portion of the homes were constructed during the late 20th century, with a focus on family-friendly features and community integration. The homeownership rate in Apex is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental opportunities.

What is it like to live in Apex, NC?

Apex prides itself on its small-town atmosphere combined with the conveniences of a growing city. The community is known for its historic downtown area, which hosts a variety of events throughout the year that showcase local culture and foster a sense of togetherness. The town's greenways and parks contribute to its serene character, offering residents and visitors alike a peaceful retreat from the hustle and bustle of daily life.

Is it easy to get around Apex, NC without a car?

Apex provides a comprehensive array of services to its residents. The educational landscape includes several public schools that cater to different age groups, along with private educational institutions that offer alternative learning environments. Healthcare services are accessible, with clinics and a hospital that provide a range of medical care. The town also features a public library system that serves as a resource for learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that highlight the town's unique flavor.

Transportation in Apex, NC.

Transportation in Apex includes a variety of options for residents. The town benefits from a network of roads and highways that connect it to neighboring cities and facilitate easy travel. Public transportation services are available, providing connections to key areas within the town and beyond. The community is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional flexibility for residents.

Frequently Asked Questions About 557 Olives Chapel Rd

What is the listing price of this property?

The listing price of 557 Olives Chapel Rd property is $2,500,000.

What type of property is this?

The property 557 Olives Chapel Rd is a house located in Apex, North Carolina, 27502.

Is this property for sale now?

Active Listing: 557 Olives Chapel Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,159 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 557 Olives Chapel Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 557 Olives Chapel Rd is 2,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 557 Olives Chapel Rd is 1996.

Rocket Homes›North Carolina›Wake County›Apex›27502›557 Olives Chapel Rd

This home is located at 557 Olives Chapel Rd in Apex, NC and zip code 27502. This 2,690 square foot home, which was built in 1996, sits on a 12.80 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $2,500,000.

In November 2024 more than 16 listings in Apex, NC were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 35 were sold below. The inventory of homes for sale in Apex, NC between October 2024 and November 2024 decreased by 16.4%. In November 2024 median list price was $614,633 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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