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116 Old Grove Ln; Apex, NC Property Details

116 Old Grove Ln, Apex, NC is a Single Family that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 116 Old Grove Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,447 square feet. The lot size of 116 Old Grove Ln is 1,742 square feet.

Off market
116 Old Grove Ln Apex, NC 27502
$369,000 Listing Price
3 Beds
2.5 Baths
1,447 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2005
  • Purchase Price: $369,000
  • Est. Equity / %: $347,000 / 100%
  • Gross Yield: 6.712%
  • APN: 0741.08-99-1808-000
  • Situs County: Wake
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,447/SqFt
  • Lot: 1,742/SqFt
  • Gross: 1,447/SqFt
  • Living: 1,447/SqFt
  • Building: 1,447/SqFt
  • Price Per Square Foot: $255.01

Legal Description

  • Description: LO41 THE GROVES PH2 BM2005-00114
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: 35.72787 / -78.834564
  • Subdivision: The Groves Ph2
  • Property Class: Residential
  • Zoning: PUD-C
  • County Use Code: 01

Amenities

  • Plus Four: 1789
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $527
  • H O A Amount: $527
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

116 Old Grove Ln has no associated ownership info
116 Old Grove Ln has no associated ownership info.

Taxes

116 Old Grove Ln has 10 associated Taxes items

116 Old Grove Ln, 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 $342,734. The APN we've located for 116 Old Grove Ln is 0741.08-99-1808-000.

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Taxes
  • Assessed Value:  $342,734
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0741.08-99-1808-000
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  3012.41
  • Tax Year:  2025
  • Market Value:  342734
  • Market Year:  2025

Tax History

116 Old Grove Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $342,734 Land Value $75,000 Improvement Value $267,734 Tax Amount $3,012.41 Change Rate +0.022806% Assessed CR Tax Rate +0.008789%
Year 2024 Assessed Value $342,734 Land Value $75,000 Improvement Value $267,734 Tax Amount $2,945.24 Change Rate +0.247138% Assessed CR Tax Rate +0.008593%
Year 2023 Assessed Value $213,455 Land Value $35,000 Improvement Value $178,455 Tax Amount $2,361.6 Change Rate +0.064973% Assessed CR Tax Rate +0.011064%
Year 2022 Assessed Value $213,455 Land Value $35,000 Improvement Value $178,455 Tax Amount $2,217.52 Change Rate +0.039527% Assessed CR Tax Rate +0.010389%
Year 2021 Assessed Value $213,455 Land Value $35,000 Improvement Value $178,455 Tax Amount $2,133.2 Change Rate +0.010105% Assessed CR Tax Rate +0.009994%
Year 2020 Assessed Value $213,455 Land Value $35,000 Improvement Value $178,455 Tax Amount $2,111.86 Change Rate +0.102793% Assessed CR Tax Rate +0.009894%
Year 2019 Assessed Value $166,859 Land Value $30,000 Improvement Value $136,859 Tax Amount $1,915.01 Change Rate +0.061306% Assessed CR Tax Rate +0.011477%
Year 2018 Assessed Value $166,859 Land Value $30,000 Improvement Value $136,859 Tax Amount $1,804.39 Change Rate +0.073888% Assessed CR Tax Rate +0.010814%
Year 2017 Assessed Value $166,859 Land Value $30,000 Improvement Value $136,859 Tax Amount $1,680.24 Change Rate +0.014607% Assessed CR Tax Rate +0.01007%
Year 2016 Assessed Value $166,859 Land Value $30,000 Improvement Value $136,859 Tax Amount $1,656.05 Change Rate +0.00547% Assessed CR Tax Rate +0.009925%
Year 2015 Assessed Value $161,975 Land Value $30,000 Improvement Value $131,975 Tax Amount $1,647.04 Change Rate +0.037231% Assessed CR Tax Rate +0.010168%
Year 2014 Assessed Value $161,975 Land Value $30,000 Improvement Value $131,975 Tax Amount $1,587.92 Change Rate Assessed CR Tax Rate +0.009803%