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508 East Chatham Street

508 East Chatham Street, Apex, NC 27502
Property in Wake
Sold Jan 07, 2008
$74,000
508 East Chatham Street has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 1965. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 East Chatham Street has 2,137 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,473 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 432 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 508 East Chatham Street sold most recently in Dec 27, 2007 for a total of $74,000. If you work out the math, that's approximately a cost of $34.63 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,961 in taxes each year. 508 East Chatham Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $188,560. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $98,560. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 2,137
  • Building Area: 2,137
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARVO LEE HOLLAND
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOA RCMB HEIRS OF MARVO LEE L HOLLAND BM2007-02672

Ownership

  • Current Owner : STEPHENSON JULIA C
  • Previous Owner : STEPHENSON KARL T
  • Previous Owner 2: STEPHENSON LINDA
  • Owner Generation Identifier: JR
  • Vacant Flag Date: Oct 17, 2022

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053418

Zoning

  • Zoning: MD

Geography

  • Account Number: 0367123
  • District: 20
  • Parcel: 0741.07-59-7958 0367123
  • Lot: A
  • Municipality: WHITE OAK
  • Latitude: 35.7281
  • Longitude: -78.8459

    Address

  • Full Address: 508 E Chatham St
  • Address - House Number: 508
  • Street Direction: E
  • Address - Street Name: Chatham
  • Address - Suffix Type: St
  • State: NC
  • City Name: Apex
  • Carrier Code: C007
  • 4-Digit Zip Code: 1722
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,961

    Appraisal Valuation

  • Standard Deviation: 0.1298
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 85
  • Final Value: 680,184
  • High Value: 768,526
  • Low Value: 591,842

    Market Valuation

  • Market Total Value: $188,560
  • Market Land Value: $90,000
  • Market Improvement Value: $98,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,560
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $98,560

    Sales

  • Current Sale Contract Date: Dec 27, 2007
  • Current Sale Recording Date: Jan 07, 2008
  • Current Sale Transaction ID: 1131736634
  • Current Sale Price: $74,000
  • Current Sale Document Type: Warranty Deed

About Apex



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Frequently Asked Questions

What neighborhood is 508 East Chatham Street located in?
The 508 East Chatham Street is a located in the neighborhood of Wake in Apex, Apex.
What is the average sales price for listings in 508 East Chatham Street?
The average sales price for units in 508 East Chatham Street is $0 currently.

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