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505 2nd St; Apex, NC Property Details

505 2nd St, 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 505 2nd St has 2 bathrooms, and a total of 2,160 square feet. The lot size of 505 2nd St is 16,988 square feet.

Off market
505 2nd St Apex, NC 27502
$416,137 Estimated Value
2 Baths
2,160 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $118,500
  • Open Loans / Balance: 1 / $84,569
  • Est. Equity / %: $428,431 / 83.51%
  • Gross Yield: 4.377%
  • APN: 0741.05-29-2008-000
  • Situs County: Wake
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: C
  • Porch Type: Open
  • Deck: true

Measurements

  • Total: 2,160/SqFt
  • Lot: 16,988/SqFt
  • Gross: 2,160/SqFt
  • Living: 2,160/SqFt
  • Building: 2,160/SqFt
  • Ground: 2,160/SqFt
  • Price Per Square Foot: $54.86

Legal Description

  • Description: 505 SECOND ST
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: 35.725697 / -78.8578
  • Subdivision: Cedar Pointe Condominium
  • Property Class: Residential
  • Zoning: HD SF
  • County Use Code: 01

Amenities

  • Plus Four: 2047
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

505 2nd St has no associated ownership info
505 2nd St has no associated ownership info.

Taxes

505 2nd St has 10 associated Taxes items

505 2nd 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 $416,137. The APN we've located for 505 2nd St is 0741.05-29-2008-000.

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Taxes
  • Assessed Value:  $416,137
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0741.05-29-2008-000
  • Assessed Land Value:  156000
  • Market Land Value:  156000
  • Tax Amount:  3653.29
  • Tax Year:  2025
  • Market Value:  416137
  • Market Year:  2025

Tax History

505 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $416,137 Land Value $156,000 Improvement Value $260,137 Tax Amount $3,653.29 Change Rate +0.022835% Assessed CR Tax Rate +0.008779%
Year 2024 Assessed Value $416,137 Land Value $156,000 Improvement Value $260,137 Tax Amount $3,571.73 Change Rate +0.276667% Assessed CR Tax Rate +0.008583%
Year 2023 Assessed Value $253,209 Land Value $54,000 Improvement Value $199,209 Tax Amount $2,797.7 Change Rate +0.065064% Assessed CR Tax Rate +0.011049%
Year 2022 Assessed Value $253,209 Land Value $54,000 Improvement Value $199,209 Tax Amount $2,626.79 Change Rate +0.039584% Assessed CR Tax Rate +0.010374%
Year 2021 Assessed Value $253,209 Land Value $54,000 Improvement Value $199,209 Tax Amount $2,526.77 Change Rate +0.010126% Assessed CR Tax Rate +0.009979%
Year 2020 Assessed Value $253,209 Land Value $54,000 Improvement Value $199,209 Tax Amount $2,501.44 Change Rate +0.156366% Assessed CR Tax Rate +0.009879%
Year 2019 Assessed Value $188,711 Land Value $40,500 Improvement Value $148,211 Tax Amount $2,163.19 Change Rate +0.061391% Assessed CR Tax Rate +0.011463%
Year 2018 Assessed Value $188,711 Land Value $40,500 Improvement Value $148,211 Tax Amount $2,038.07 Change Rate +0.073985% Assessed CR Tax Rate +0.0108%
Year 2017 Assessed Value $188,711 Land Value $40,500 Improvement Value $148,211 Tax Amount $1,897.67 Change Rate +0.014629% Assessed CR Tax Rate +0.010056%
Year 2016 Assessed Value $188,711 Land Value $40,500 Improvement Value $148,211 Tax Amount $1,870.31 Change Rate -0.014994% Assessed CR Tax Rate +0.009911%
Year 2015 Assessed Value $187,037 Land Value $21,000 Improvement Value $166,037 Tax Amount $1,898.78 Change Rate +0.037296% Assessed CR Tax Rate +0.010152%
Year 2014 Assessed Value $187,037 Land Value $21,000 Improvement Value $166,037 Tax Amount $1,830.51 Change Rate Assessed CR Tax Rate +0.009787%