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506 Scotts Ridge Trl

Apex, NC 27502

5 bd 3 ba 2,218 sqft Built 1999 Lot 9,148 sqft single_family
Most recent sale
$550,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $550,000 MLS #2458712
Aug 23, 2022 Relisted $575,000 MLS #2458712
Jul 21, 2022 Price changed $575,000 MLS #2458712
Jul 8, 2022 Price changed $600,000 MLS #2458712
Jun 27, 2022 Listed $625,000 MLS #2458712
Mar 6, 2015 Sold $310,000 Public Record
Jul 18, 2003 Sold $216,000 Public Record
Jun 25, 1999 Sold $196,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $403,787 $180,000 $583,787 $5,117
2024 $403,787 $180,000 $583,787 $5,002
2023 $282,328 $80,000 $362,328 $3,994
2022 $282,328 $80,000 $362,328 $3,750
2021 $282,328 $80,000 $362,328 $3,607
2020 $282,328 $80,000 $362,328 $3,571
2019 $223,144 $80,000 $303,144 $3,463
2018 $223,144 $80,000 $303,144 $3,262
2017 $223,144 $80,000 $303,144 $3,036
2016 $223,144 $80,000 $303,144 $2,992
2015 $222,768 $62,000 $284,768 $2,881
2014 $222,768 $62,000 $284,768 $2,777
2013 $222,768 $62,000 $284,768 $2,651
2012 $222,768 $62,000 $284,768 $2,651
2011 $222,768 $62,000 $284,768 $2,509
2010 $222,768 $62,000 $284,768 $2,509
2009 $222,768 $62,000 $284,768 $2,509
2007 $222,768 $62,000 $284,768 $2,227

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,218 sqft
Lot size
9,148 sqft
ZIP code
27502
City
Apex
Street
Scotts Ridge Trl
Coordinates
35.72822, -78.88157

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,994
Gross rental yield
6.53%
Implied cap rate
4.25%
Trend-extrapolated value

Frequently asked questions

When did 506 Scotts Ridge Trl last sell?
506 Scotts Ridge Trl most recently sold on Aug 29, 2022 for $550,000.
What is the current tax assessment for 506 Scotts Ridge Trl?
The most recent total assessment for 506 Scotts Ridge Trl (year 2025) is $583,787 with $5,117 in property tax.
How does 506 Scotts Ridge Trl's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $550,000.
When was 506 Scotts Ridge Trl built?
506 Scotts Ridge Trl was built in 1999.
How does 506 Scotts Ridge Trl compare to others on Scotts Ridge Trl?
We track 8 other properties on Scotts Ridge Trl. Browse the list under "Other properties on Scotts Ridge Trl" to compare beds, baths, and sale history.
What are the property facts for 506 Scotts Ridge Trl?
506 Scotts Ridge Trl is a 5 bed, 3 bath, 2,218 sqft, 9,148 sqft lot single_family.
Is 506 Scotts Ridge Trl a flip candidate?
No — 506 Scotts Ridge Trl does not appear in our flips dataset.
Is 506 Scotts Ridge Trl a tax-appeal candidate?
No — 506 Scotts Ridge Trl 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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