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515 Democracy Pl; Apex, NC Property Details

515 Democracy Pl, Apex, NC is a Single Family that was built in 2014. This property is currently a cash purchase and is not for sale. Our records show that 515 Democracy Pl has 5 bedrooms, and 4.5 bathrooms, and a total of 5,643 square feet. The lot size of 515 Democracy Pl is 127,065 square feet.

Off market
515 Democracy Pl Apex, NC 27523
$199,000 Listing Price
5 Beds
4.5 Baths
5,643 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2014
  • Purchase Price: $199,000
  • Open Loans / Balance: 2 / $629,632
  • Est. Equity / %: $1,832,368 / 74.43%
  • Gross Yield: 1.194%
  • APN: 0080918
  • Situs County: Chatham
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1.5
  • Building Condition: Good
  • Building Quality: A

Measurements

  • Total: 5,643/SqFt
  • Lot: 127,065/SqFt
  • Living: 5,643/SqFt
  • Building: 5,643/SqFt
  • Price Per Square Foot: $35.26

Legal Description

  • Description: Q5-28HP-52 AC 2.917 BK 2003 PG 374
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: 35.748585 / -78.972565
  • Subdivision: Heritage Pointe
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 37

Amenities

  • Plus Four: 5793
  • 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

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

Taxes

515 Democracy Pl has 10 associated Taxes items

515 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 $1,808,655. The APN we've located for 515 Democracy Pl is 0080918.

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Taxes
  • Assessed Value:  $1,808,655
  • Assessed Year:  2025
  • Assessed County:  Chatham
  • APN:  0080918
  • Assessed Land Value:  355020
  • Market Land Value:  355020
  • Tax Amount:  12853.76
  • Tax Year:  2025
  • Market Value:  1808655
  • Market Year:  2025

Tax History

515 Democracy Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,808,655 Land Value $355,020 Improvement Value $1,453,635 Tax Amount $12,853.76 Change Rate +0.219155% Assessed CR Tax Rate +0.007107%
Year 2024 Assessed Value $1,236,010 Land Value $266,265 Improvement Value $969,745 Tax Amount $10,543.17 Change Rate +0.049201% Assessed CR Tax Rate +0.00853%
Year 2023 Assessed Value $1,236,010 Land Value $266,265 Improvement Value $969,745 Tax Amount $10,048.76 Change Rate +0.366765% Assessed CR Tax Rate +0.00813%
Year 2022 Assessed Value $1,236,010 Land Value $266,265 Improvement Value $969,745 Tax Amount $7,352.22 Change Rate Assessed CR Tax Rate +0.005948%
Year 2021 Assessed Value $1,236,010 Land Value $266,265 Improvement Value $969,745 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $1,172,632 Land Value $221,887 Improvement Value $950,745 Tax Amount $4,624.03 Change Rate -0.355787% Assessed CR Tax Rate +0.003943%
Year 2019 Assessed Value $1,172,632 Land Value $221,887 Improvement Value $950,745 Tax Amount $7,177.8 Change Rate Assessed CR Tax Rate +0.006121%
Year 2018 Assessed Value $1,172,632 Land Value $221,887 Improvement Value $950,745 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $1,172,632 Land Value $221,887 Improvement Value $950,745 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,253,992 Land Value $221,887 Improvement Value $1,032,105 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $676,453 Land Value $221,887 Improvement Value $454,566 Tax Amount $5,028.61 Change Rate Assessed CR Tax Rate +0.007434%
Year 2014 Assessed Value $206,887 Land Value $206,887 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $206,887 Land Value $206,887 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate