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1087 Lathrop Lane

1087 Lathrop Lane, Apex, NC 27523
Property in Wake
Sold Dec 21, 2021
$426,500
$341,096 by Towne Mortgage Of The Carolina
Mortgage Due Jan 01, 2052
Sold Jun 09, 2021
$505,000
$25,000,000 by Regions Bank
Mortgage Due Jun 09, 2051
1087 Lathrop Lane in Apex, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1087 Lathrop Lane has 2,482 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,614 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 21, 2021 for $426,500. That's $171.84 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2021 for $505,000. 1087 Lathrop Lane was last assessed in 2022. The total value of the property was assessed at $351,795. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $266,795. 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 $3,642. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 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: 2,614
  • Total Building Area: 2,482
  • Building Area: 2,482
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWNES @ NORTH SALEM
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO75 TOWNES @ NORTH SALEM PH2A BM2019-00419

Ownership

  • Current Owner : GALLAGHER RICHARD J
  • Previous Owner : HHHUNT HOMES RALEIGH DURHAM LLC
  • Owner Before Previous Owner: HHHUNT NORTH SALEM LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2019 PG 419
  • Account Number: 0467309
  • District: 20
  • Subdivision Phase Number: 2A
  • Parcel: 0742.07-67-5785 0467309
  • Lot: 75
  • Municipality: WHITE OAK
  • Latitude: 35.7495
  • Longitude: -78.843

    Address

  • Full Address: 1087 Lathrop Ln
  • Address - House Number: 1087
  • 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: $3,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,096
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $341,096
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $351,795
  • Market Land Value: $85,000
  • Market Improvement Value: $266,795

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $351,795
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $266,795

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11876341967
  • Current Sale Price: $426,500
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jun 09, 2021
  • Previous Sale Contract Date: Jun 09, 2021
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $341,096
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jun 09, 2021
  • Previous Mortgage Loan Amount: $25,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 09, 2051

About Wake



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Frequently Asked Questions

What neighborhood is 1087 Lathrop Lane located in?
The 1087 Lathrop Lane is a located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 1087 Lathrop Lane?
The average sales price for units in 1087 Lathrop Lane is $0 currently.

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