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1040 Torrence Dr; Apex, NC Property Details

1040 Torrence Dr, Apex, NC is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 1040 Torrence Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 3,063 square feet. The lot size of 1040 Torrence Dr is 10,890 square feet.

Off market
1040 Torrence Dr Apex, NC 27502
$385,000 Listing Price
4 Beds
2.5 Baths
3,063 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2000
  • Purchase Price: $385,000
  • Open Loans / Balance: 2 / $479,051
  • Est. Equity / %: $194,949 / 28.92%
  • Gross Yield: 5.542%
  • APN: 0732.20-80-8903-000
  • Situs County: Wake
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1.75
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,063/SqFt
  • Lot: 10,890/SqFt
  • Gross: 3,063/SqFt
  • Garage: 352/SqFt
  • Living: 3,063/SqFt
  • Building: 3,063/SqFt
  • Garage Unfinished: 352/SqFt
  • Price Per Square Foot: $125.69

Legal Description

  • Description: LO172 AMHERST PH2 BM1999-1328
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.730766 / -78.869255
  • Subdivision: Amherst Ph2
  • Property Class: Residential
  • Zoning: MD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4159
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $27
  • H O A Amount: $27
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

1040 Torrence Dr has no associated ownership info
1040 Torrence Dr has no associated ownership info.

Taxes

1040 Torrence Dr has 10 associated Taxes items

1040 Torrence Dr, Apex, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $584,528. The APN we've located for 1040 Torrence Dr is 0732.20-80-8903-000.

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Taxes
  • Assessed Value:  $584,528
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0732.20-80-8903-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  5123.51
  • Tax Year:  2025
  • Market Value:  584528
  • Market Year:  2025

Tax History

1040 Torrence Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $584,528 Land Value $200,000 Improvement Value $384,528 Tax Amount $5,123.51 Change Rate +0.022871% Assessed CR Tax Rate +0.008765%
Year 2024 Assessed Value $584,528 Land Value $200,000 Improvement Value $384,528 Tax Amount $5,008.95 Change Rate +0.191104% Assessed CR Tax Rate +0.008569%
Year 2023 Assessed Value $381,522 Land Value $80,000 Improvement Value $301,522 Tax Amount $4,205.3 Change Rate +0.065234% Assessed CR Tax Rate +0.011022%
Year 2022 Assessed Value $381,522 Land Value $80,000 Improvement Value $301,522 Tax Amount $3,947.77 Change Rate +0.039688% Assessed CR Tax Rate +0.010347%
Year 2021 Assessed Value $381,522 Land Value $80,000 Improvement Value $301,522 Tax Amount $3,797.07 Change Rate +0.010152% Assessed CR Tax Rate +0.009952%
Year 2020 Assessed Value $381,522 Land Value $80,000 Improvement Value $301,522 Tax Amount $3,758.91 Change Rate +0.085531% Assessed CR Tax Rate +0.009852%
Year 2019 Assessed Value $303,138 Land Value $75,000 Improvement Value $228,138 Tax Amount $3,462.74 Change Rate Assessed CR Tax Rate +0.011423%
Year 2018 Assessed Value $303,138 Land Value $75,000 Improvement Value $228,138 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $303,138 Land Value $75,000 Improvement Value $228,138 Tax Amount $3,036.22 Change Rate +0.014691% Assessed CR Tax Rate +0.010016%
Year 2016 Assessed Value $303,138 Land Value $75,000 Improvement Value $228,138 Tax Amount $2,992.26 Change Rate +0.005606% Assessed CR Tax Rate +0.009871%
Year 2015 Assessed Value $294,234 Land Value $64,000 Improvement Value $230,234 Tax Amount $2,975.58 Change Rate +0.037445% Assessed CR Tax Rate +0.010113%
Year 2014 Assessed Value $294,234 Land Value $64,000 Improvement Value $230,234 Tax Amount $2,868.18 Change Rate Assessed CR Tax Rate +0.009748%