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1023 Lathrop Lane

1023 Lathrop Lane, Apex, NC 27523
Property in Wake
Sold Oct 08, 2020
$345,000
$300,000 by United Community Bank
Mortgage Due Nov 01, 2050
1023 Lathrop Lane has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 2020 and is 4 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1023 Lathrop Lane has 2,447 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1023 Lathrop Lane was last sold in Oct 8, 2020 for $345,000. According to our calculations, that's $140.99 per sqft. Current property owners are expected to pay $3,576 in taxes per year. The property on 1023 Lathrop Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $345,411. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $260,411. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,447
  • Building Area: 2,447
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,447
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWNES @ NORTH SALEM
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO48 TOWNES @ NORTH SALEM PH2A BM2019-00418

Ownership

  • Current Owner : CLARK KIMBERLY A
  • Current Owner 2: GIAQUINTO ROBERT VITO
  • Previous Owner : HHHUNT HOMES RALEIGH DURHAM LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 000053

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2019 PG 418
  • Account Number: 0467282
  • District: 20
  • Subdivision Phase Number: 2A
  • Parcel: 0742.07-77-3708 0467282
  • Lot: 48
  • Municipality: WHITE OAK
  • Latitude: 35.7496
  • Longitude: -78.8406

    Address

  • Full Address: 1023 Lathrop Ln
  • Address - House Number: 1023
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R021
  • 4-Digit Zip Code: 6424
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,576

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 586,861
  • High Value: 659,503
  • Low Value: 514,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $345,411
  • Market Land Value: $85,000
  • Market Improvement Value: $260,411

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $345,411
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $260,411

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11822816431
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 1023 Lathrop Lane located in?
The 1023 Lathrop Lane is a located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 1023 Lathrop Lane?
The average sales price for units in 1023 Lathrop Lane is $0 currently.

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