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Sold for $172,000

502 1st St Apex, NC 27502

$172,000

CLOSED

Beds

Baths

Sqft

1,032

Acres

0.12

Year

1940

Close Date

Aug 25, 2026

Property Type

Residential

Sub Type

Single Family Residence

Per Square Foot

$167

Date Listed

May 23, 2026

Description of 502 1st St, Apex, NC 27502

Listing details for 502 1st St, Apex, NC 27502 : 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.

Listing Updated : 08-25-2026 at 11:15 PM EDT

Property Details

Property Overview

Listing Price

$195,000

MLS #ID

10169454

Close Price

$172,000

Close Date

Aug 25, 2026

Bedrooms

Bathrooms

Square Footage

1,032

Acres

0.12

Year

1940

Days on Site

109 Days

Property Type

Residential

Property Sub Type

Single-Family

Price per Sq Ft

$167

Date Listed

May 23, 2026

Location

Street Address

502 1st St

City

Apex

State

North Carolina

ZIP Code

27502

County

Wake

Neighborhood / Subdivision

Not In A Subdivision

Driving Directions

From downtown Raleigh take I-40 W to Exit 293 to US Hwy 1 S. US 1 S to Exit 95 Hwy 55. RIGHT on Hwy 55. LEFT on 1st St. Home will be on the RIGHT.

Schools

Elementary School

Baucom

Middle School

Apex

High School

Apex

Home Specification

Bedrooms

Bathrooms

1 Full

Total Square Feet

1,032

Above Grade Square Feet

1,032

Stories / Levels

Construction / Architecture

Year Built

1940

Style

Ranch and Traditional

Construction Materials

Brick

Roof

Shingle

New Construction

Price per Sq Ft

$167

Lot Features

Back Yard, Front Yard and See Remarks

Lot Size (Sq Ft)

5,227.2

Lot Size (Acres)

0.12

Zoning

HD SF

Interior Details

Flooring

None

Fireplace

Heating

Forced Air

Cooling

None

Exterior Details

Garage

Patio & Porch Features

Covered and Front Porch

Fencing

None

Water Source

Public

Sewer

Public Sewer

Additional Features

Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available and Water Available

Road Surface Type

Asphalt

Taxes, HOA & Financing

Annual Property Tax

$1,738.47

HOA Fee Includes

None

Room Details

Room Type	Level
Primary Bedroom	Main

Listing Provided By

Michael Proctor, 919-815-4263, Triangle Home Team Realty

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 10169454

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$160K – $217K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$160K – $217K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice

8/25/2026

Sold

$172,000 -11.8%

$167/sqft

Source:

Triangle, MLS #10169454

8/14/2026

Pending sale

$195,000 0%

$189/sqft

Source:

Triangle, MLS #10169454

8/1/2026

Price Change

$195,000 -11.4%

$189/sqft

Source:

Triangle, MLS #10169454

5/23/2026

Listed for sale

$220,000

$213/sqft

Source:

Triangle, MLS #10169454

Location of 502 1st St, Apex, NC 27502

Mortgage Calculator

Schools Near 502 1st St, Apex, NC 27502

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$160K – $217K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Homes Similar to 502 1st St, Apex, NC 27502

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Sqft

0.22

Acres

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Sold Homes Similar to 502 1st St, Apex, NC 27502

Sold on Jul 10, 2026

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0.5

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1503 Redwater Branch Ct Lot 226, Apex, NC 27502

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Closed

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Sqft

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Acres

1503 Redwater Branch Ct Lot 226, Apex, NC 27502

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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.