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Apex 27502 Shepherds Vineyard
1303 Apache Lane
$480,000
● House - Off Market

1303 Apache Lane

Apex, NC 27502
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,006 Ft²
$512,933
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Beautiful home in highly desired Shepherds Vineyard! Well maintained home with newer roof and FIBER CEMENT siding. Built by Robuck Homes, one of the Triangle's most respected builders. Newly painted exterior. Both HVAC systems replaced in 2016. Hardwood floors downstairs coupled with smooth ceilings give this home an updated appeal. Lots of windows with plenty of sunshine. Walk up attic. .28 lot with flat, fenced in backyard. Ideal location with downtown Apex, Costco, I540 and library all close by.
Unit Size
2,006 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$229
Property Type
House
Property Taxes
$253
HOA Dues
$75
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (TMLS #2415796)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 26, 2021 Listed by Coldwell Banker Advantage $460,000
Listed by Coldwell Banker Advantage
Apr 26, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 286
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEPHERDS VINEYARD
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO122 SHEPHERD'S VINEYARD PH3 BM1987-1739

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053418

Zoning

  • Zoning: MD

Geography

  • Account Number: 0170826
  • District: 20
  • Parcel: 0742.16-94-5301 0170826
  • Lot: 122
  • Municipality: WHITE OAK
  • Latitude: 35.74
  • Longitude: -78.8332

    Address

  • Full Address: 1303 Apache Ln
  • Address - House Number: 1303
  • Address - Street Name: Apache
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R008
  • 4-Digit Zip Code: 8820
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $319,282

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 515,642
  • High Value: 582,879
  • Low Value: 448,405

    Market Valuation

  • Market Total Value: $308,190
  • Market Land Value: $78,000
  • Market Improvement Value: $230,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $308,190
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $230,190

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 26, 1996
  • Previous Sale Contract Date: Apr 26, 1996
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Shepherds Vineyard

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$280

Above Asking

0.00%

Average Days on Market

42

Average Home Size

2288 ft²

Average Home Age

39 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 529 Metro Station, Apex, NC, 27502

$2,500 /mo

  • 4 Beds
  • 3 Baths
529 Metro Station, Apex, NC, 27502 Listing by Cheri Ann Kleber
Unit for rent at 593 Grand Central Station, Apex, NC, 27502

$2,349 /mo

  • 3 Beds
  • 3 Baths
  • 2,175 ft²
593 Grand Central Station, Apex, NC, 27502 Listing by Joe Matthews
Unit for rent at 1005 New Dover Road, Apex, NC, 27502

$2,495 /mo

  • 4 Beds
  • 2 Baths
  • 2,372 ft²
1005 New Dover Road, Apex, NC, 27502 Listing by Bev Roberts

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Michelle Gelston, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2415796
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Frequently Asked Questions

When was property at 1303 Apache Lane built and last sold?
The property at 1303 Apache Lane was built in 1989 and last sold on Nov 19, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 1303 Apache Lane is $0.
What are some comparable homes to 1303 Apache Lane?
There are currently no comparable homes to 1303 Apache Lane.
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