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1004 Formal Pl; Apex, NC Property Details

1004 Formal Pl, Apex, NC is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 1004 Formal Pl has 2.5 bathrooms, and a total of 2,427 square feet. The lot size of 1004 Formal Pl is 9,148 square feet.

Off market
1004 Formal Pl Apex, NC 27502
$581,354 Estimated Value
2.5 Baths
2,427 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $323,000
  • Open Loans / Balance: 2 / $365,290
  • Est. Equity / %: $283,710 / 43.71%
  • Gross Yield: 5.24%
  • APN: 0731.08-98-0990-000
  • Situs County: Wake
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,427/SqFt
  • Lot: 9,148/SqFt
  • Gross: 2,427/SqFt
  • Garage: 240/SqFt
  • Living: 2,427/SqFt
  • Building: 2,427/SqFt
  • Garage Unfinished: 240/SqFt
  • Price Per Square Foot: $133.09

Legal Description

  • Description: LO155 WHITEHALL MANOR SUB P5 BM2004-0088
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.72525 / -78.86828
  • Subdivision: Whitehall Manor Sub
  • Property Class: Residential
  • Zoning: MD-CU
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2066
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $193
  • H O A Amount: $193
  • H O A One Frequency: Semi-Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1004 Formal Pl has no associated ownership info
1004 Formal Pl has no associated ownership info.

Taxes

1004 Formal Pl has 10 associated Taxes items

1004 Formal Pl, Apex, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $581,354. The APN we've located for 1004 Formal Pl is 0731.08-98-0990-000.

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Taxes
  • Assessed Value:  $581,354
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0731.08-98-0990-000
  • Assessed Land Value:  190000
  • Market Land Value:  190000
  • Tax Amount:  5095.8
  • Tax Year:  2025
  • Market Value:  581354
  • Market Year:  2025

Tax History

1004 Formal Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $581,354 Land Value $190,000 Improvement Value $391,354 Tax Amount $5,095.8 Change Rate +0.022873% Assessed CR Tax Rate +0.008765%
Year 2024 Assessed Value $581,354 Land Value $190,000 Improvement Value $391,354 Tax Amount $4,981.85 Change Rate +0.208899% Assessed CR Tax Rate +0.008569%
Year 2023 Assessed Value $373,836 Land Value $60,000 Improvement Value $313,836 Tax Amount $4,120.98 Change Rate +0.065227% Assessed CR Tax Rate +0.011023%
Year 2022 Assessed Value $373,836 Land Value $60,000 Improvement Value $313,836 Tax Amount $3,868.64 Change Rate +0.039683% Assessed CR Tax Rate +0.010348%
Year 2021 Assessed Value $373,836 Land Value $60,000 Improvement Value $313,836 Tax Amount $3,720.98 Change Rate +0.010148% Assessed CR Tax Rate +0.009954%
Year 2020 Assessed Value $373,836 Land Value $60,000 Improvement Value $313,836 Tax Amount $3,683.6 Change Rate +0.006599% Assessed CR Tax Rate +0.009854%
Year 2019 Assessed Value $320,459 Land Value $60,000 Improvement Value $260,459 Tax Amount $3,659.45 Change Rate +0.061639% Assessed CR Tax Rate +0.011419%
Year 2018 Assessed Value $320,459 Land Value $60,000 Improvement Value $260,459 Tax Amount $3,446.98 Change Rate +0.074307% Assessed CR Tax Rate +0.010756%
Year 2017 Assessed Value $320,459 Land Value $60,000 Improvement Value $260,459 Tax Amount $3,208.56 Change Rate +0.014693% Assessed CR Tax Rate +0.010012%
Year 2016 Assessed Value $320,459 Land Value $60,000 Improvement Value $260,459 Tax Amount $3,162.1 Change Rate +0.035752% Assessed CR Tax Rate +0.009867%
Year 2015 Assessed Value $301,937 Land Value $52,000 Improvement Value $249,937 Tax Amount $3,052.95 Change Rate +0.037448% Assessed CR Tax Rate +0.010111%
Year 2014 Assessed Value $301,937 Land Value $52,000 Improvement Value $249,937 Tax Amount $2,942.75 Change Rate Assessed CR Tax Rate +0.009746%