When was property at 502 1st Street built and last sold?

The property at 502 1st Street was built in 1940 and last sold on Apr 4, 2022 for $185,000.

How much is this home worth?

The estimated value of the home located at 502 1st Street is $198,410.

What are some comparable homes to 502 1st Street?

There are currently no comparable homes to 502 1st Street.

Apex

27502

502 1st Street

Sold on Aug 25, 2026

Map

$172,000

● House - Off Market

502 1st Street

Apex, NC 27502

2 Beds

1 Bath

1,032 Ft²

$1,103

Est. Monthly

About This Property

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.

Unit Size

1,032 Ft²

Days on Market

94 days

Land Size

0.12 acres

Price per sqft

$189

Property Type

House

Property Taxes

$145

HOA Dues

Year Built

1940

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Last updated: 3 months ago (TMLS #10169454)

Price History

Date / Event	Date	Event
Aug 25, 2026	Sold	Premium
Sold
Aug 14, 2026	In contract	-
In contract
Aug 1, 2026	Price Decreased	$195,000 ↓ $25K (11.4%)
Price Decreased
May 23, 2026	Listed by Triangle Home Team Realty	$220,000
Listed by Triangle Home Team Realty
Apr 8, 2022	Sold	Premium
Sold
Mar 24, 2022	Listed by Triangle Home Team Realty	$150,000
Listed by Triangle Home Team Realty

Property Highlights

Building Info

Overview

General

Year Built: 1940

Effective Year Built: 1950
Total Rooms: 5
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 0
Construction Type: 2
Building Style: 15
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,227

Total Building Area: 1,032
Building Area: 1,032
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,032
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000120
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: 502 FIRST STREET

Neighborhood

School District Name: Wake County Schools

Census Tract: 053434

Zoning

Zoning: HD SF

Geography

Account Number: 0027184

District: 20
Parcel: 0741.05-29-4036 0027184
Municipality: WHITE OAK
Latitude: 35.7256
Longitude: -78.857

Address

Full Address: 502 1st St

Address - House Number: 502
Address - Street Name: 1st
Address - Suffix Type: St
State: NC
City Name: Apex
Carrier Code: C004
4-Digit Zip Code: 2018
Zip Code: 27502

Valuation

Tax

Tax Year: 2023

Tax Amount: $124,479
Initial Tax Delinquent Year: 2022

Appraisal Valuation

Standard Deviation: 0.1414

Valuation Date: Oct 11, 2023
Confidence Score: 83
Final Value: 200,467
High Value: 228,818
Low Value: 172,116

Market Valuation

Market Total Value: $111,649

Market Land Value: $45,000
Market Improvement Value: $66,649

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $111,649
Assessed Land Value: $45,000
Assessed Improvements Value: $66,649

Sales

Current Sale Contract Date: Apr 04, 2022

Current Sale Recording Date: Apr 08, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Apex

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

Average Home Size

2341 ft²

Average Home Age

19.3 years

Currently For Sale

102 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 829 Amley Place, Apex, NC, 27523

$2,450 /mo

3 Beds
2 Baths
2,291 ft²

829 Amley Place, Apex, NC, 27523 Listing by Tamisha Lane

Unit for rent at 303 Linwood Street, Apex, NC, 27502

$1,350 /mo

2 Beds
1 Bath

303 Linwood Street #203, Apex, NC, 27502 Listing by Nicholas Tempke

Unit for rent at 637 Briarcliff Street, Apex, NC, 27502

$2,050 /mo

3 Beds
2 Baths
1,800 ft²

637 Briarcliff Street, Apex, NC, 27502 Listing by CJ Tabor

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Michael Proctor, Triangle Home Team Realty
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10169454

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

502 1st Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Apex

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions