Homes/North Carolina/Apex/1503 Orchard Villas Ave
CompCasa Property Analysis · condo

1503 Orchard Villas Ave

Single-Level 2BR/2BA Ranch Condo in The Orchard Villas

55+ community living with modern finishes and easy maintenance

2 beds2 baths1,532 sq ftBuilt 20132-car attached
CompCasa valuation analysis
Estimated market value
$485,000
Low $470,000 · Midpoint $485,000 · High $500,000
Confidence85%Sales comparison approach
Last recorded sale$385,000Jun 9, 2021
Assessed value$446,7492025 assessment
CompCasa estimate$485,000Mar 7, 2026
Estimate vs. last recorded sale+$100,000 / +26.0%
$470,000$485,000 midpoint$500,000
Price / sq ft$317
Median sale price$500,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and community amenities.

About the property

Single-Level 2BR/2BA Ranch Condo in The Orchard Villas

Vaulted ceilings and a private study set the tone the moment you enter this single-level ranch-style condo at 1503 Orchard Villas Ave. With 1,532 square feet thoughtfully arranged, the floor plan delivers roomy living without the upkeep of a detached home—perfect for buyers seeking an active, low-maintenance lifestyle in a well-appointed 55+ community.

The heart of the home features granite countertops and an open sightline to the living area where a gas fireplace anchors the space. The primary suite offers generous proportions and an ensuite bath; a second bedroom plus a full hall bath provide comfortable accommodations for guests. A separate study provides a quiet work or hobby space. Sliders lead from the living room to a fenced patio—an ideal spot for container gardening, morning coffee, or small gatherings.

Practical upgrades include a two-car attached garage with newly epoxy-coated flooring and ample storage, central HVAC, and maintenance-free exterior care managed by the HOA. The Orchard Villas community builds convenience into daily life with a clubhouse, outdoor heated pool, exercise room, bocce court, and putting green—amenities that foster connection and keep residents active.

Location is a standout: the Duke Health Center sits within easy walking distance, and major shopping including Costco and Beaver Creek Commons is a short drive away. Highly rated Wake County schools (Apex High, Salem Middle, Salem Elementary) and access to US-64 make this a great choice for those who prioritize excellent services and straightforward commutes. Last sold in 2021 for $385,000, recent neighborhood sales and current market analysis support a fair market value in the $470,000–$500,000 range, reflecting steady appreciation and strong buyer demand for low-inventory, age-restricted listings.

If you want the ease of single-story living combined with community energy and modern finishes, this Orchard Villas condo checks the boxes. Schedule a tour and review the HOA documents to confirm details—this property is move-in ready and designed for a comfortable, engaged lifestyle.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$515,000
Property address1515 Orchard Villas Ave, Apex, NC 27502
2 bed2 bath1,900 sq ftBuilt 20080.1 mi$271/SF
Sold Nov 21, 2025
Subject difference
  • 368 SF larger
  • 5 years older
Research comparison noteSimilar 2BR/2BA unit with slightly larger square footage and recent updates.
02Sold price$505,000
Property address1477 Orchard Villas Ave, Apex, NC 27502
2 bed2 bath1,494 sq ftBuilt 20140.2 mi$338/SF
Sold Nov 18, 2025
Subject difference
  • 38 SF smaller
  • 1 year newer
Research comparison noteComparable 2BR/2BA unit with similar features and community amenities.
03Sold price$540,000
Property address1480 Orchard Villas Ave, Apex, NC 27502
2 bed2 bath1,875 sq ftBuilt 20150.15 mi$288/SF
Sold Dec 3, 2025
Subject difference
  • 343 SF larger
  • 2 years newer
Research comparison noteLarger 2BR/2BA unit with upgraded finishes and community amenities.
Comp methodology: Focused on similar 2BR/2BA units within The Orchard Villas community sold or rented in the last 6 months for maximum relevance.
Property details

A 2013 ranch.

Building

Year built2013
ConstructionFrame
RoofShingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Garage2-car attached
Stories1
ConditionGood
BasementNone
FireplaceYes
Improvement notes2 bedrooms, 2 bathrooms, private study, vaulted ceilings, granite countertops, fenced patio
TopographyLevel
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage with newly epoxy-coated flooring
AccessStandard residential driveway from Orchard Villas Ave
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

The Orchard Villas

Researched nearby locations

Duke Health Center (0.1 mi)
Costco (1.5 mi)
Beaver Creek Commons (2 mi)
Apex Community Park (3 mi)

Location

1503 Orchard Villas Ave, Apex, NC 27502

View in Google Maps
Editorial neighborhood context

The Orchard Villas sits in convenient, service-rich Apex, offering a community-oriented lifestyle for active adults. Residents enjoy on-site amenities—clubhouse, pool, fitness center, bocce and putting green—while essential services like Duke Health Center, major retailers, and dining are minutes away. Quiet streets, well-maintained common areas, and proximity to Apex Community Park create opportunities for socializing and outdoor activity. Wake County schools and easy highway access round out a location that blends practicality with a low-maintenance, engaged lifestyle.

Nearby access summary

Very good community recreation with on-site pool, clubhouse, bocce and putting green, plus nearby Apex Community Park and walking paths for daily activity.

ElementarySalem Elementary (9/10)
Middle schoolSalem Middle (10/10)
High schoolApex High (9/10)
School districtWake County Public School System
Market context

A factual market snapshot around 1503 Orchard Villas Ave.

Median sale price$500,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

This pocket of Apex is currently a seller's market: inventory sits around 2.5 months, average days on market near 30, and median sale prices in the area hang close to $500,000. One-year appreciation is roughly 5%, with stronger cumulative gains of about 25% over five years—evidence of steady demand in Wake County. Recent comparable sales within The Orchard Villas community closed in the $505k–$540k range, with smaller and well-updated units fetching premiums. Condos and age-restricted units in this corridor typically move faster than broader condo stock because they combine low-maintenance living with robust on-site amenities and proximity to medical services—factors that attract downsizers and active retirees.

For buyers, the current market favors sellers but still offers opportunities: motivated sellers with well-priced, well-presented units are seeing multiple showings and timely offers. Investors considering rental income should note modest gross yields (recent rent comps suggest about $1,900/month and roughly a 4.7% gross yield), but owner-occupied demand remains the primary driver. Prospective purchasers should review HOA fees, age-restriction rules, and community bylaws to ensure long-term fit—especially given the tighter inventory and competitive buyer interest.

Zoning & land use

Planned Unit Development - Conditional Zoning

Zoning

Zoning codePUD-CZ
DescriptionPlanned Unit Development - Conditional Zoning
JurisdictionTown of Apex
Assessor useSingle Family Residential
Current useResidential

Research-indicated uses

  • Residential
  • Age Restricted Community
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Total assessed$446,749
Assessment year2025
Annual property tax$3,921
Tax year2025

Sale history

2021-06-09$385,000 · $251/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,900/mo
Property address1502 Orchard Villas Ave, Apex, NC 27502
2 bed2 bath1,532 sq ft$1.24/SF
Leased Oct 1, 2025
Subject difference
  • Same living area
Research comparison noteSimilar 2BR/2BA unit rented recently within the same community.
02Monthly rent$2,000/mo
Property address1513 Orchard Villas Ave, Apex, NC 27502
2 bed2 bath1,895 sq ft$1.05/SF
Leased Sep 15, 2025
Subject difference
  • 363 SF larger
Research comparison noteLarger 2BR/2BA unit with additional features, rented recently.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Last sold in June 2021 for $385,000
  • Current assessed value of $446,749
  • Comparable sales suggest a market value between $470,000 and $500,000
  • Community amenities include a clubhouse, pool, and exercise facilities
  • Located within walking distance to Duke Health Center and close to major retailers

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Review HOA regulations and fees
  • Verify any age restrictions and community rules
  • Professional home inspection
  • Review recent maintenance and repair records
Highlights & features

What stands out about this property.

Interior Features

  • 1,532 SF single-level ranch layout
  • 2 bedrooms, 2 full bathrooms
  • Private study / home office
  • Vaulted ceilings in main living area
  • Granite countertops
  • Gas fireplace
  • Central AC and forced-air gas heat
  • No basement

Exterior & Lot

  • Fenced patio for private outdoor living
  • 2-car attached garage with newly epoxy-coated floor
  • Shingle roof
  • Low-maintenance landscaping managed by HOA
  • Level site with standard residential driveway

Location & Neighborhood

  • The Orchard Villas — 55+ community
  • Walking proximity to Duke Health Center
  • Short drive to Costco and Beaver Creek Commons
  • Easy access to US-64 for regional commuting
  • Wake County schools with strong ratings

Walkability & Recreation

  • Walkability Rating: 68/100 — Some walkable amenities
  • Community amenities: clubhouse, outdoor heated pool, exercise room
  • Bocce ball court and putting green on-site
  • Apex Community Park within a few miles
  • Nearby retail and services at Beaver Creek Commons (2 miles)
  • Running/walking paths and green spaces in the area
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
MLS listing for 1503 Orchard Villas AveView source
2
Zillow property details for 1503 Orchard Villas AveView source
3
Realtor.com listing for 1515 Orchard Villas AveView source
4
Realtor.com listing for 1477 Orchard Villas AveView source
5
Realtor.com listing for 1480 Orchard Villas AveView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.