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509 Olive St

Apex, NC 27502

3 bd 2 ba 1,448 sqft Built 1956 Lot 17,860 sqft single_family
Most recent sale
$350,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $350,000 Public Record
May 5, 2022 Listed $425,000 MLS #2445628

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $62,483 $322,000 $384,483 $3,472
2024 $73,483 $322,000 $395,483 $3,395
2023 $115,027 $90,000 $205,027 $2,269
2022 $115,027 $90,000 $205,027 $1,111
2021 $115,027 $90,000 $205,027 $1,070
2020 $115,027 $90,000 $205,027 $1,059
2019 $89,643 $84,000 $173,643 $1,037
2018 $89,643 $84,000 $173,643 $977
2017 $89,643 $84,000 $173,643 $911
2016 $89,643 $84,000 $173,643 $1,723
2015 $83,460 $52,000 $135,460 $1,381
2014 $83,460 $52,000 $135,460 $1,331
2013 $83,460 $52,000 $135,460 $1,272
2012 $83,460 $52,000 $135,460 $1,272
2011 $83,460 $52,000 $135,460 $1,204
2010 $83,460 $52,000 $135,460 $1,204

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,448 sqft
Lot size
17,860 sqft
ZIP code
27502
City
Apex
Street
Olive St
Coordinates
35.72739, -78.84623

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,955
Gross rental yield
6.70%
Implied cap rate
4.36%
Trend-extrapolated value

Frequently asked questions

When did 509 Olive St last sell?
509 Olive St most recently sold on Jul 1, 2022 for $350,000.
What is the current tax assessment for 509 Olive St?
The most recent total assessment for 509 Olive St (year 2025) is $384,483 with $3,472 in property tax.
How does 509 Olive St's assessment compare to its last sale price?
The current assessment is 9.9% above the last sale price of $350,000.
When was 509 Olive St built?
509 Olive St was built in 1956.
How does 509 Olive St compare to others on Olive St?
We track 7 other properties on Olive St. Browse the list under "Other properties on Olive St" to compare beds, baths, and sale history.
What are the property facts for 509 Olive St?
509 Olive St is a 3 bed, 2 bath, 1,448 sqft, 17,860 sqft lot single_family.
Is 509 Olive St a flip candidate?
No — 509 Olive St does not appear in our flips dataset.
Is 509 Olive St a tax-appeal candidate?
No — 509 Olive St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$526.4K
2026 Q4
$508K
ZIP 27502 — Median Price History + Forecast

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