538 Rowanwood Way
Apex, NC 27523
4 bd 3 ba 2,655 sqft Built 2018 Lot 4,356 sqft townhomes
Most recent sale
$701,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 17, 2026 | Sold | $640,000 | DoorifyMLS |
| Nov 6, 2025 | Listed | $649,000 | DoorifyMLS |
| May 23, 2022 | Sold | $701,000 | Public Record |
| Apr 18, 2022 | Listed | $649,900 | MLS #2442001 |
| Mar 26, 2018 | Sold | $421,500 | Public Record |
| Oct 18, 2017 | Listed | $422,348 | MLS #2156985 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $510,424 | $150,000 | $660,424 | $5,786 |
| 2024 | $510,424 | $150,000 | $660,424 | $5,656 |
| 2023 | $325,515 | $55,000 | $380,515 | $4,194 |
| 2022 | $325,515 | $55,000 | $380,515 | $3,937 |
| 2021 | $325,515 | $55,000 | $380,515 | $3,787 |
| 2020 | $325,515 | $55,000 | $380,515 | $3,749 |
| 2019 | $271,962 | $58,000 | $329,962 | $3,767 |
| 2018 | — | $58,000 | $58,000 | $1,826 |
Property facts
Year built
2018
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
2,655 sqft
Lot size
4,356 sqft
ZIP code
27523
City
Apex
Street
Rowanwood Way
Coordinates
35.75945, -78.85602
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,584
Gross rental yield
6.14%
Implied cap rate
3.99%
Trend-extrapolated value
—
Frequently asked questions
When did 538 Rowanwood Way last sell?
538 Rowanwood Way most recently sold on May 23, 2022 for $701,000.
What is the current tax assessment for 538 Rowanwood Way?
The most recent total assessment for 538 Rowanwood Way (year 2025) is $660,424 with $5,786 in property tax.
How does 538 Rowanwood Way's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $701,000.
When was 538 Rowanwood Way built?
538 Rowanwood Way was built in 2018.
How does 538 Rowanwood Way compare to others on Rowanwood Way?
We track 8 other properties on Rowanwood Way. Browse the list under "Other properties on Rowanwood Way" to compare beds, baths, and sale history.
What are the property facts for 538 Rowanwood Way?
538 Rowanwood Way is a 4 bed, 3 bath, 2,655 sqft, 4,356 sqft lot townhomes.
Is 538 Rowanwood Way a flip candidate?
No — 538 Rowanwood Way does not appear in our flips dataset.
Is 538 Rowanwood Way a tax-appeal candidate?
No — 538 Rowanwood Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-6.8%
Implied 1-yr
-27.3%
2026 Q3
$869.1K
2026 Q4
$869.1K
ZIP 27523 — Median Price History + Forecast
Explore nearby
Geography
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