KW Elite Realty - M&J Realty Group
1/8
Listing Courtesy Of: Compass -- Raleigh, Johnny Chappell
Local Realty Services Provided By: Keller Williams Legacy
Overview
What It'll Cost
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$239,900
5500 Bobbitt Road, Apex, NC 27539
2 Beds
1 Bath
581 sq ft
.45 ac
$239,900

5500 Bobbitt Road, Apex, NC 27539

Estimation provided by Keller Williams Realty Inc.
2 Beds
1 Bath
581 sq ft
.45 ac
Active
For Sale

Property Description

Investor Alert! Budding with unbridled potential, 5500 Bobbitt is bound to become the newest addition to your bustling portfolio. Nestled on a peaceful and private street, this rare opportunity offers .35 beautiful wooded acres that is conveniently located near Downtown Apex and Holly Spring shopping centers - an ideal location for tenants. With a full restoration in 2009, this home received a complete overhaul, featuring the following improvements: new kitchen, bath, flooring, drywall, paint, light fixtures, interior doors, exterior doors, windows, electrical wiring with a new breaker box, PEX supply plumbing and new waste plumbing, insulation (attic, crawl space, and walls), a 12x12 deck, and a roof replacement. Additional improvements over the years include attractive Ascend siding and a new Washer & Dryer in 2024 as well as a newer water heater in 2021. Currently leased through August of 2025, this property comes complete with a long term tenant who has been in place for 8.5 years. Believe us, Bobbitt is an investor's dream come true.

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
581 sq ft
Year Built
1972
Days on Site
18 Days
HVAC
Baseboard, Wall/Window Unit(s)
Parking
Yes
M&J Realty Group
M&J Realty Group | KW Elite Realty
121569

Activity History

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Purchase Price: $239,900
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Price & Tax History

Date
Event
Price
03/06/2025
Listed
$239,900
(+348.41%)
12/21/2007
Sold
$53,500
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$995.76
(+30.29%)
$157,128
Land 95,000 + Additions 62,128
2023
$764.26
(+7.74%)
$95,455
Land 55,000 + Additions 40,455
2022
$709.37
(+2.69%)
$95,455
Land 55,000 + Additions 40,455
2021
$690.76
(+38.58%)
$95,455
Land 55,000 + Additions 40,455
2019
$498.45
(+8.45%)
$95,455
Land 55,000 + Additions 40,455
2018
$459.61
(+5.29%)
$58,584
Land 28,000 + Additions 30,584
2017
$436.53
$58,584
Land 28,000 + Additions 30,584
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
M&J Realty Group
M&J Realty Group | KW Elite Realty
121569

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