Skip main navigation
For sale
    • Price cut: $5K (5/23)
    $220,000

    502 1st St, Apex, NC 27502

    2beds
    1,032sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1940
    5,227 Square Feet Lot
    $205,000 Zestimate®
    $213/sqft
    $-- HOA

    What's special

    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.
    51 days
    |
    1,911
    |
    46
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Proctor 919-815-4263,

    Triangle Home Team Realty,

    Luke Proctor 919-815-9916,

    Triangle Home Team Realty

    Source: Doorify MLS,MLS#: 10169454MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Flooring: None
      • Basement: Crawl Space
      Interior area
      • Total structure area: 1,032
      • Total interior livable area: 1,032 sqft
      • Finished area above ground: 1,032
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      Lot
      • Size: 5,227 Square Feet
      • Features: Back Yard, Front Yard, See Remarks
      Details
      • Parcel number: 074105294036000 0027184
      • Zoning: HD SF
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch, Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Not in a Subdivision
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Apex

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $196,824
      • Annual tax amount: $1,738
      • Date on market: 5/23/2026
      • Road surface type: Asphalt

        Estimated market value

        $205,000

        $193,000 - $215,000

        $1,496/mo

        Price history

        DateEventPrice
        5/23/2026Price change$220,000-2.2%$213/sqft
        Source: Doorify MLS #10169454 Report a problem
        5/6/2026Price change$225,000-8.9%$218/sqft
        Source: Owner Report a problem
        3/3/2026Listed for sale$247,000+33.5%$239/sqft
        Source: Owner Report a problem
        4/8/2022Sold$185,000+23.3%$179/sqft
        Source: Doorify MLS #2438407 Report a problem
        3/25/2022Pending sale$150,000$145/sqft
        Source: Doorify MLS #2438407 Report a problem
        3/24/2022Listed for sale$150,000$145/sqft
        Source: Doorify MLS #2438407 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,738 +2.3%$196,824
        2024$1,700 +36.6%$196,824 +76.3%
        2023$1,245 +6.4%$111,649
        2022$1,169 +3.9%$111,649
        2021$1,125 +1%$111,649
        2020$1,114 +28.1%$111,649 +49.2%
        2019$870 $74,820
        2018$870 +13.8%$74,820
        2017$764 +1.4%$74,820
        2016$754 +14.5%$74,820 +17.7%
        2015$658 $63,544
        2014-- $63,544
        2013-- $63,544
        2012-- $63,544
        2011-- $63,544
        2010-- $63,544
        2009-- $63,544
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 27502

        Getting around

        57 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Baucom Elementary
        • Middle: Wake - Apex Middle
        • High: Wake - Apex High

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Apex Topics

                Search
                Updates
                Favorites
                Plan
                Inbox