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703 Terric Summit Ln; Apex, NC Property Details

703 Terric Summit Ln, Apex, NC is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 703 Terric Summit Ln has 2 bathrooms, and a total of 1,394 square feet. The lot size of 703 Terric Summit Ln is 9,583 square feet.

Off market
703 Terric Summit Ln Apex, NC 27502
$391,683 Estimated Value
2 Baths
1,394 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $127,000
  • Open Loans: 1
  • Gross Yield: 5.228%
  • APN: 0741.11-56-1966-000
  • Situs County: Wake
  • Length Of Ownership: 28 years, 1 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,394/SqFt
  • Lot: 9,583/SqFt
  • Gross: 1,394/SqFt
  • Living: 1,394/SqFt
  • Building: 1,394/SqFt
  • Ground: 1,394/SqFt
  • Price Per Square Foot: $91.10

Legal Description

  • Description: LO43 PERRY FARMS PH2 BM1992-01427
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: 35.71984 / -78.84796
  • Subdivision: Perry Farms Ph2
  • Property Class: Residential
  • Zoning: HD SF
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4105
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

703 Terric Summit Ln has no associated ownership info
703 Terric Summit Ln has no associated ownership info.

Taxes

703 Terric Summit Ln has 10 associated Taxes items

703 Terric Summit Ln, 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 $391,683. The APN we've located for 703 Terric Summit Ln is 0741.11-56-1966-000.

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Taxes
  • Assessed Value:  $391,683
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0741.11-56-1966-000
  • Assessed Land Value:  190000
  • Market Land Value:  190000
  • Tax Amount:  3439.78
  • Tax Year:  2025
  • Market Value:  391683
  • Market Year:  2025

Tax History

703 Terric Summit Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $391,683 Land Value $190,000 Improvement Value $201,683 Tax Amount $3,439.78 Change Rate +0.022828% Assessed CR Tax Rate +0.008782%
Year 2024 Assessed Value $391,683 Land Value $190,000 Improvement Value $201,683 Tax Amount $3,363.01 Change Rate +0.335779% Assessed CR Tax Rate +0.008586%
Year 2023 Assessed Value $227,679 Land Value $77,000 Improvement Value $150,679 Tax Amount $2,517.64 Change Rate +0.065014% Assessed CR Tax Rate +0.011058%
Year 2022 Assessed Value $227,679 Land Value $77,000 Improvement Value $150,679 Tax Amount $2,363.95 Change Rate +0.039547% Assessed CR Tax Rate +0.010383%
Year 2021 Assessed Value $227,679 Land Value $77,000 Improvement Value $150,679 Tax Amount $2,274.02 Change Rate +0.010114% Assessed CR Tax Rate +0.009988%
Year 2020 Assessed Value $227,679 Land Value $77,000 Improvement Value $150,679 Tax Amount $2,251.25 Change Rate +0.125226% Assessed CR Tax Rate +0.009888%
Year 2019 Assessed Value $174,404 Land Value $65,000 Improvement Value $109,404 Tax Amount $2,000.71 Change Rate +0.06134% Assessed CR Tax Rate +0.011472%
Year 2018 Assessed Value $174,404 Land Value $65,000 Improvement Value $109,404 Tax Amount $1,885.08 Change Rate +0.073924% Assessed CR Tax Rate +0.010809%
Year 2017 Assessed Value $174,404 Land Value $65,000 Improvement Value $109,404 Tax Amount $1,755.32 Change Rate +0.014612% Assessed CR Tax Rate +0.010065%
Year 2016 Assessed Value $174,404 Land Value $65,000 Improvement Value $109,404 Tax Amount $1,730.04 Change Rate +0.053169% Assessed CR Tax Rate +0.00992%
Year 2015 Assessed Value $161,543 Land Value $52,000 Improvement Value $109,543 Tax Amount $1,642.7 Change Rate +0.037228% Assessed CR Tax Rate +0.010169%
Year 2014 Assessed Value $161,543 Land Value $52,000 Improvement Value $109,543 Tax Amount $1,583.74 Change Rate Assessed CR Tax Rate +0.009804%