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1070 Lathrop Lane

1070 Lathrop Lane, Apex, NC 27523
Property in Wake
Sold Mar 23, 2021
$372,000
$278,718 by Unmb Home Loans Inc
Mortgage Due Apr 01, 2051
Local assessors in Apex, NC have categorized 1070 Lathrop Lane as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 3,485 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1070 Lathrop Lane has a total of 2,427 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 23, 2021 for $372,000. That's $153.28 per sqft. 1070 Lathrop Lane was last assessed in 2022. The total value of the property was assessed at $345,332. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $260,332. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,575. The initial tax year of delinquency was in 2020. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 3,485
  • Total Building Area: 2,427
  • Building Area: 2,427
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,427
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWNES @ NORTH SALEM
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO148 TOWNES @ NORTH SALEM PH2A BM2019-00419

Ownership

  • Current Owner : LI LEI
  • Previous Owner : TRI POINTE HOMES HOLDINGS INC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2019 PG 419
  • Account Number: 0467358
  • District: 20
  • Subdivision Phase Number: 2A
  • Parcel: 0742.07-67-7869 0467358
  • Lot: 148
  • Municipality: WHITE OAK
  • Latitude: 35.7499
  • Longitude: -78.8424

    Address

  • Full Address: 1070 Lathrop Ln
  • Address - House Number: 1070
  • 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: $3,575
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 71
  • Final Value: 272,852
  • High Value: 311,530
  • Low Value: 234,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,718
  • First Open Lien Mortgage Lender: UNMB HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Loan Amount: $278,718
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $345,332
  • Market Land Value: $85,000
  • Market Improvement Value: $260,332

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $345,332
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $260,332

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11839389898
  • Current Sale Price: $372,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNMB HOME LOANS INC
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $278,718
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 1070 Lathrop Lane located in?
The 1070 Lathrop Lane is a located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 1070 Lathrop Lane?
The average sales price for units in 1070 Lathrop Lane is $0 currently.

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