About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

502 1st St, Apex, NC 27502

$172,000
Last sold 08/25/2026 after 94 Days
2
bed
1
bath
1,032
Sqft ($167/Sqft)

House not for sale

Movoto is helping 37 homebuyers near you

About 502 1st St

Property type House

Neighborhood

Year built 1940

HOA fee $0/month

Lot size 5,227 Sqft

Rental estimate

Property description

Here's your chance! Rare opportunity to secure a highly desirable lot within walking distance to Historic Downtown Apex. This property is ideal for builders, investors, or buyers looking to tear down and build new in one of Wake County's most in-demand areas. Existing home has already had asbestos professionally removed, and a new survey has been completed, saving time and upfront development costs. Enjoy the benefit of a walkable lifestyle with easy access to restaurants, coffee shops, breweries, parks, and year-round community events in downtown Apex. New construction in this area continues to see strong demand and premium resale value. Opportunities like this in the heart of Apex are limited.

Listed by

Listing Agent - Michael Proctor

Listing Office - Triangle Home Team Realty

Source: Triangle MLS

MLS#10169454 • last updated 3 days ago

Movoto checked Triangle MLS for data 5 minutes ago

Overview
Cooling/AC	None
Heating	Forced Air
Levels/Style	One, 1, House, Ranch, Traditional
MLS #	10169454
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	1032, Square Feet
Lot Size (SqFt)	5227.2
Lot Size (Acres)	0.12
Property Tax	1738.47
Year Built	1940

Interior
Total # of Bathrooms	1
# Full Baths	1
# Bedrooms	2
Basement	Crawl Space
Total # of Rooms	1
Flooring	None

Exterior
Roof	Shingle
Construction	Brick
Patio/ Porch	Covered, Front Porch
Lot Desc	Back Yard, Front Yard, See Remarks
Fencing	None

Amenities / Utilities
Utilities	Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer/ Septic	Public Sewer
Water Source	Public

Location
County	Wake
Subdivision	Not In A Subdivision
Elementary School	Wake - Baucom Elementary
Middle School	Wake - Apex Middle
High School	Wake - Apex High
Zoning	HD SF
APN	74105294036000 27184
Directions	From Downtown Raleigh Take I-40 W To Exit 293 To US Hwy 1 S. US 1 S To Exit 95 Hwy 55 RIGHT On Hwy 55 LEFT On 1st St. Home Will Be On The RIGHT.

Lot/ Land Details
Road Surface	Asphalt

Rental est.: $1,444/month

• Gross rent multiplier: 9.9 - Good

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # 10169454
Aug 25, 2026 Sold
$172,000 (-11.8%)
Aug 14, 2026 Pending
—
Aug 1, 2026 Price Change
$195,000 (-11.4%)
May 23, 2026 Listed
$220,000 (+18.9%)
Apr 2022
MLS # 2438407
Apr 9, 2022 Sold
$185,000
Mar 25, 2022 Pending
—
Mar 24, 2022 Listed
$150,000
Mar 24, 2022 Listed
$150,000
Apr 2022
Public Records
Apr 8, 2022 Sold
$185,000 (+23.3%)

Year Property taxes Tax assessment
2025
$1,738 +2.3%

$196,824
2024
$1,700 +36.6%

$196,824 +76.29%
2023
$1,245 +6.4%

$111,649
2022
$1,169 +3.9%

$111,649
2021
$1,125 +1.0%

$111,649
2020
$1,114 +28.1%

$111,649 +49.22%
2019
$870 +13.8%

$74,820
2017
$764 +1.4%

$74,820
2016
$754 +14.5%

$74,820
2015
$658

—

502 1st St
$172K
Not In A Subdivision
—
27502
$531K -8% y/y
Apex
$610K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
201 West St, Apex, NC 27502	$276,000	2/1	1,461	0.01
516 1st St, Apex, NC 27502	$364,000	—/—	1,594	0.01
113 West St, Apex, NC 27502	$231,000	3/2	1,136	0.02
207 West St, Apex, NC 27502	$183,000	—/1	696	0.02
204 West St, Apex, NC 27502	$293,000	3/1	1,000	0.03
209 West St, Apex, NC 27502	$199,000	2/—	1,115	0.03
520 1st St, Apex, NC 27502	$314,000	—/2	1,456	0.03
204 Justice Heights St, Apex, NC 27502	$291,000	—/1	1,249	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.