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494 Democracy Pl; Apex, NC Property Details

494 Democracy Pl, Apex, NC is a Single Family that was built in 2013. This property is currently Financed and is not for sale. Our records show that 494 Democracy Pl has 4 bedrooms, and 4 bathrooms, and a total of 5,241 square feet. The lot size of 494 Democracy Pl is 345,779 square feet.

Off market
494 Democracy Pl Apex, NC 27523
$1,532,239 Estimated Value
4 Beds
4 Baths
5,241 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2013
  • Purchase Price: $230,000
  • Open Loans / Balance: 3 / $1,367,166
  • Est. Equity / %: $705,834 / 34.05%
  • Gross Yield: 1.418%
  • APN: 0080922
  • Situs County: Chatham
  • Length Of Ownership: 20 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 2

Structure

  • Building Style: Wood
  • Stories: 1.5
  • Building Condition: Good
  • Building Quality: B+

Measurements

  • Total: 5,241/SqFt
  • Lot: 345,779/SqFt
  • Living: 5,241/SqFt
  • Building: 5,241/SqFt
  • Price Per Square Foot: $43.88

Legal Description

  • Description: LOT 55R AC 7.938 BK 2012 PG 55
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chatham County Schools
  • Lat / Lon: 35.74877 / -78.97046
  • Subdivision: Heritage Pointe
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 37

Amenities

  • Plus Four: 6752
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $182
  • H O A Amount: $182
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

494 Democracy Pl has no associated ownership info
494 Democracy Pl has no associated ownership info.

Taxes

494 Democracy Pl has 10 associated Taxes items

494 Democracy Pl, Apex, NC pays taxes in Chatham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,532,239. The APN we've located for 494 Democracy Pl is 0080922.

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Taxes
  • Assessed Value:  $1,532,239
  • Assessed Year:  2025
  • Assessed County:  Chatham
  • APN:  0080922
  • Assessed Land Value:  609768
  • Market Land Value:  609768
  • Tax Amount:  10913.32
  • Tax Year:  2025
  • Market Value:  1532239
  • Market Year:  2025

Tax History

494 Democracy Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,532,239 Land Value $609,768 Improvement Value $922,471 Tax Amount $10,913.32 Change Rate +0.248191% Assessed CR Tax Rate +0.007122%
Year 2024 Assessed Value $1,008,946 Land Value $412,884 Improvement Value $596,062 Tax Amount $8,743.31 Change Rate +0.048392% Assessed CR Tax Rate +0.008666%
Year 2023 Assessed Value $1,008,946 Land Value $412,884 Improvement Value $596,062 Tax Amount $8,339.73 Change Rate +0.039212% Assessed CR Tax Rate +0.008266%
Year 2022 Assessed Value $1,008,946 Land Value $412,884 Improvement Value $596,062 Tax Amount $8,025.05 Change Rate Assessed CR Tax Rate +0.007954%
Year 2021 Assessed Value $1,008,946 Land Value $412,884 Improvement Value $596,062 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $1,001,488 Land Value $349,346 Improvement Value $652,142 Tax Amount $7,916.58 Change Rate Assessed CR Tax Rate +0.007905%
Year 2019 Assessed Value $1,001,488 Land Value $349,346 Improvement Value $652,142 Tax Amount $7,916.58 Change Rate +0.063073% Assessed CR Tax Rate +0.007905%
Year 2018 Assessed Value $1,001,488 Land Value $349,346 Improvement Value $652,142 Tax Amount $7,446.88 Change Rate +0.004587% Assessed CR Tax Rate +0.007436%
Year 2017 Assessed Value $1,001,488 Land Value $349,346 Improvement Value $652,142 Tax Amount $7,412.88 Change Rate +0.001409% Assessed CR Tax Rate +0.007402%
Year 2016 Assessed Value $992,325 Land Value $349,346 Improvement Value $642,979 Tax Amount $7,402.45 Change Rate +0.016211% Assessed CR Tax Rate +0.00746%
Year 2015 Assessed Value $992,325 Land Value $349,346 Improvement Value $642,979 Tax Amount $7,284.36 Change Rate Assessed CR Tax Rate +0.007341%
Year 2014 Assessed Value $675,592 Land Value $332,846 Improvement Value $342,746 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $332,846 Land Value $332,846 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate