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119 Salem Towne Ct; Apex, NC Property Details

119 Salem Towne Ct, Apex, NC is a Restaurant that was built in 1915. This property is currently Financed and is not for sale. Our records show that 119 Salem Towne Ct has a total of 3,125 square feet. The lot size of 119 Salem Towne Ct is 2,614 square feet.

Off market
119 N Salem St Apex, NC 27502
$590,000 Listing Price
3,125 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1915
  • Purchase Price: $590,000
  • Open Loans / Balance: 1 / $245,863
  • APN: 0742.18-41-1117-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 3 months

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,125/SqFt
  • Lot: 2,614/SqFt
  • Gross: 3,125/SqFt
  • Living: 3,125/SqFt
  • Building: 3,125/SqFt
  • Price Per Square Foot: $188.80

Legal Description

  • Description: TR3 PROP LARRY & ELAINE MATTHEWS 95-694
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.73144 / -78.85138
  • Property Class: Commercial
  • Zoning: B2
  • County Use Code: 39

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1427
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

119 N Salem St has no associated ownership info
119 N Salem St has no associated ownership info.

Taxes

119 N Salem St has 10 associated Taxes items

119 Salem Towne Ct, 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 $924,446. The APN we've located for 119 Salem Towne Ct is 0742.18-41-1117-000.

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Taxes
  • Assessed Value:  $924,446
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0742.18-41-1117-000
  • Assessed Land Value:  118937
  • Market Land Value:  118937
  • Tax Amount:  8071.34
  • Tax Year:  2025
  • Market Value:  924446
  • Market Year:  2025

Tax History

119 N Salem St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $924,446 Land Value $118,937 Improvement Value $805,509 Tax Amount $8,071.34 Change Rate +0.022964% Assessed CR Tax Rate +0.008731%
Year 2024 Assessed Value $924,446 Land Value $118,937 Improvement Value $805,509 Tax Amount $7,890.15 Change Rate -0.067508% Assessed CR Tax Rate +0.008535%
Year 2023 Assessed Value $771,318 Land Value $73,192 Improvement Value $698,126 Tax Amount $8,461.36 Change Rate +0.065566% Assessed CR Tax Rate +0.01097%
Year 2022 Assessed Value $771,318 Land Value $73,192 Improvement Value $698,126 Tax Amount $7,940.72 Change Rate +0.039899% Assessed CR Tax Rate +0.010295%
Year 2021 Assessed Value $771,318 Land Value $73,192 Improvement Value $698,126 Tax Amount $7,636.05 Change Rate +0.010204% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $771,318 Land Value $73,192 Improvement Value $698,126 Tax Amount $7,558.92 Change Rate +0.1679% Assessed CR Tax Rate +0.0098%
Year 2019 Assessed Value $569,889 Land Value $52,149 Improvement Value $517,740 Tax Amount $6,472.23 Change Rate +0.061998% Assessed CR Tax Rate +0.011357%
Year 2018 Assessed Value $569,889 Land Value $52,149 Improvement Value $517,740 Tax Amount $6,094.39 Change Rate +0.074773% Assessed CR Tax Rate +0.010694%
Year 2017 Assessed Value $569,889 Land Value $52,149 Improvement Value $517,740 Tax Amount $5,670.4 Change Rate +0.014789% Assessed CR Tax Rate +0.00995%
Year 2016 Assessed Value $569,889 Land Value $52,149 Improvement Value $517,740 Tax Amount $5,587.76 Change Rate +0.673919% Assessed CR Tax Rate +0.009805%
Year 2015 Assessed Value $332,317 Land Value $26,140 Improvement Value $306,177 Tax Amount $3,338.13 Change Rate +0.037708% Assessed CR Tax Rate +0.010045%
Year 2014 Assessed Value $332,317 Land Value $26,140 Improvement Value $306,177 Tax Amount $3,216.83 Change Rate Assessed CR Tax Rate +0.00968%