506 Correnna St, Apex, NC 27502

3 beds2 baths1,107 sqft

Off Market
Zestimate®: $118,026
Rent Zestimate®: $1,042/mo

This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
Great Investment property located close to downtown Apex. Currently has tenants that are on a month to onth bases. Price is $25 below tax value.

Facts

  • Lot: 0.25 acres
  • Single Family
  • Built in 1973
  • Views: 8,941 all time views
  • 55 shoppers saved this home
  • Cooling: Central
  • Heating: Forced air

Features

  • Flooring: Linoleum / Vinyl

      Construction

      • Exterior material: Brick, Vinyl
      • Roof type: Other
      • Room count: 5
      • Stories: 1
      • Structure type: Ranch
      • Unit count: 1

      Other

      • Floor size: 1,107 sqft
      • Last remodel year: 1973
      • Parcel #: 074105193586000
      • Zillow Home ID: 6419746

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $118,026
      +$1,208 Last 30 days
      $102K
      $131K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,042/mo
      -$4 Last 30 days
      $886
      $1.2K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
      0
      One year
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      Comparable Homes

      Homes like this sold for $85-230K.

      $70K
      $250K

      Mortgages

      Neighborhood: 27502

      Median Zestimate

      $263,100

      4.0%

      1-yr forecast

      The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

      Market temp 

      Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

      Very Hot
      Buyers' Market
      Sellers' Market

      Foreclosures (per 10K)

      1.8 27502
      1.4 Apex
      3.5 United States
      Zillow predicts 27502 home values will rise 2.7% next year, compared to a 2.5% increase for Apex as a whole. Among 27502 homes, this home is valued 52.3% less than the midpoint (median) home, and is valued 13.1% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 27502, the number of foreclosures waiting to be sold is 14.8% lower than in Apex, and 34.3% less than the national average. This lower local number could help 27502 home values rise more quickly than other regions in Apex.

      Learn more about forecast calculations or 27502 home values.
        read more Less 

      Nearby

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        Rentals

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        Nearby Schools in Apex

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org