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502 1st St; Apex, NC Property Details

502 1st St, Apex, NC is a Single Family that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 502 1st St has 2 bedrooms, and 1 bathroom, and a total of 1,032 square feet. The lot size of 502 1st St is 5,227 square feet.

Off market
502 1st St Apex, NC 27502
$172,000 Listing Price
2 Beds
1 Baths
1,032 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1940
  • Purchase Price: $185,000
  • Est. Equity / %: $241,000 / 100%
  • Gross Yield: 4.466%
  • APN: 0741.05-29-4036-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: D
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,032/SqFt
  • Lot: 5,227/SqFt
  • Gross: 1,032/SqFt
  • Living: 1,032/SqFt
  • Building: 1,032/SqFt
  • Ground: 1,032/SqFt
  • Price Per Square Foot: $179.26

Legal Description

  • Description: 502 FIRST STREET
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: 35.72566 / -78.85702
  • Property Class: Residential
  • Zoning: HD SF
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2018
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

502 1st St has no associated ownership info
502 1st St has no associated ownership info.

Taxes

502 1st St has 10 associated Taxes items

502 1st St, 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 $196,824. The APN we've located for 502 1st St is 0741.05-29-4036-000.

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Taxes
  • Assessed Value:  $196,824
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0741.05-29-4036-000
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  1738.47
  • Tax Year:  2025
  • Market Value:  196824
  • Market Year:  2025

Tax History

502 1st St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $196,824 Land Value $130,000 Improvement Value $66,824 Tax Amount $1,738.47 Change Rate +0.022696% Assessed CR Tax Rate +0.008833%
Year 2024 Assessed Value $196,824 Land Value $130,000 Improvement Value $66,824 Tax Amount $1,699.89 Change Rate +0.365604% Assessed CR Tax Rate +0.008637%
Year 2023 Assessed Value $111,649 Land Value $45,000 Improvement Value $66,649 Tax Amount $1,244.79 Change Rate +0.064442% Assessed CR Tax Rate +0.011149%
Year 2022 Assessed Value $111,649 Land Value $45,000 Improvement Value $66,649 Tax Amount $1,169.43 Change Rate +0.039198% Assessed CR Tax Rate +0.010474%
Year 2021 Assessed Value $111,649 Land Value $45,000 Improvement Value $66,649 Tax Amount $1,125.32 Change Rate +0.010017% Assessed CR Tax Rate +0.010079%
Year 2020 Assessed Value $111,649 Land Value $45,000 Improvement Value $66,649 Tax Amount $1,114.16 Change Rate +0.281041% Assessed CR Tax Rate +0.009979%
Year 2019 Assessed Value $74,820 Land Value $27,000 Improvement Value $47,820 Tax Amount $869.73 Change Rate +0.060491% Assessed CR Tax Rate +0.011624%
Year 2018 Assessed Value $74,820 Land Value $27,000 Improvement Value $47,820 Tax Amount $820.12 Change Rate +0.07281% Assessed CR Tax Rate +0.010961%
Year 2017 Assessed Value $74,820 Land Value $27,000 Improvement Value $47,820 Tax Amount $764.46 Change Rate +0.014397% Assessed CR Tax Rate +0.010217%
Year 2016 Assessed Value $74,820 Land Value $27,000 Improvement Value $47,820 Tax Amount $753.61 Change Rate +0.144782% Assessed CR Tax Rate +0.010072%
Year 2015 Assessed Value $63,544 Land Value $14,000 Improvement Value $49,544 Tax Amount $658.3 Change Rate Assessed CR Tax Rate +0.01036%
Year 2014 Assessed Value $63,544 Land Value $14,000 Improvement Value $49,544 Tax Amount Change Rate Assessed CR Tax Rate