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2501 Olive Chapel Rd; Apex, NC Property Details

2501 Olive Chapel Rd, Apex, NC is a Single Family that was built in 1945. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 2501 Olive Chapel Rd has 6 bathrooms, and a total of 6,447 square feet. The lot size of 2501 Olive Chapel Rd is 96,268 square feet.

Off market
2501 Olive Chapel Rd Apex, NC 27502
$898,189 Estimated Value
6 Baths
6,447 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1945
  • Purchase Price: $660,583
  • Est. Equity / %: $1,140,000 / 100%
  • Gross Yield: 4.543%
  • APN: 0721.02-59-2562-000
  • Situs County: Wake
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bathrooms: 6
  • Full Bathrooms: 6
  • Total Rooms: 11

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Hip

Measurements

  • Total: 6,447/SqFt
  • Lot: 96,268/SqFt
  • Gross: 6,447/SqFt
  • Living: 6,447/SqFt
  • Building: 6,447/SqFt
  • Ground: 1,579/SqFt
  • Price Per Square Foot: $102.46

Legal Description

  • Description: LO1 WILLIAM E GERRINGER SUB BM1987-559
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: 35.72693 / -78.91493
  • Subdivision: William E Gerringer Sub
  • Property Class: Residential
  • Zoning: RR
  • County Use Code: 01

Amenities

  • Plus Four: 6788
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

2501 Olive Chapel Rd has no associated ownership info
2501 Olive Chapel Rd has no associated ownership info.

Taxes

2501 Olive Chapel Rd has 10 associated Taxes items

2501 Olive Chapel Rd, 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 $898,189. The APN we've located for 2501 Olive Chapel Rd is 0721.02-59-2562-000.

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Taxes
  • Assessed Value:  $898,189
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0721.02-59-2562-000
  • Assessed Land Value:  429400
  • Market Land Value:  429400
  • Tax Amount:  5824.82
  • Tax Year:  2025
  • Market Value:  898189
  • Market Year:  2025

Tax History

2501 Olive Chapel Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $898,189 Land Value $429,400 Improvement Value $468,789 Tax Amount $5,824.82 Change Rate +0.029529% Assessed CR Tax Rate +0.006485%
Year 2024 Assessed Value $898,189 Land Value $429,400 Improvement Value $468,789 Tax Amount $5,657.75 Change Rate +0.286256% Assessed CR Tax Rate +0.006299%
Year 2023 Assessed Value $553,883 Land Value $275,750 Improvement Value $278,133 Tax Amount $4,398.62 Change Rate +0.078054% Assessed CR Tax Rate +0.007941%
Year 2022 Assessed Value $553,883 Land Value $275,750 Improvement Value $278,133 Tax Amount $4,080.15 Change Rate +0.027192% Assessed CR Tax Rate +0.007366%
Year 2021 Assessed Value $553,883 Land Value $275,750 Improvement Value $278,133 Tax Amount $3,972.14 Change Rate +0.016587% Assessed CR Tax Rate +0.007171%
Year 2020 Assessed Value $553,883 Land Value $275,750 Improvement Value $278,133 Tax Amount $3,907.33 Change Rate -0.029447% Assessed CR Tax Rate +0.007054%
Year 2019 Assessed Value $483,150 Land Value $209,700 Improvement Value $273,450 Tax Amount $4,025.88 Change Rate +0.086446% Assessed CR Tax Rate +0.008333%
Year 2018 Assessed Value $483,150 Land Value $209,700 Improvement Value $273,450 Tax Amount $3,705.55 Change Rate +0.054154% Assessed CR Tax Rate +0.00767%
Year 2017 Assessed Value $483,150 Land Value $209,700 Improvement Value $273,450 Tax Amount $3,515.19 Change Rate +0.020333% Assessed CR Tax Rate +0.007276%
Year 2016 Assessed Value $483,150 Land Value $209,700 Improvement Value $273,450 Tax Amount $3,445.14 Change Rate +0.165269% Assessed CR Tax Rate +0.007131%
Year 2015 Assessed Value $414,186 Land Value $162,920 Improvement Value $251,266 Tax Amount $2,956.52 Change Rate Assessed CR Tax Rate +0.007138%
Year 2014 Assessed Value $414,186 Land Value $162,920 Improvement Value $251,266 Tax Amount Change Rate Assessed CR Tax Rate