$475,000
SOLD NOV 26, 2025

1005 Lathrop Ln Apex, NC 27523

3 Beds
3.5 Baths
2,502 Sq Ft
$136/mo HOA Fee

Recently Sold

$190 Per Sq Ft

5% Below List Price

24 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • 2 Car Attached Garage
  • Salem Elementary Rated A
  • Den
  • Laundry Room

About This Home

As of November 2025

HUGE Price Drop!!!
Immaculate North-Facing 3-Story Townhome in Prime Apex Location Nestled just minutes from both downtown Apex and Cary, this meticulously maintained 3-story townhome, built in 2020, offers the perfect blend of modern style and convenience. With 3 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home is sure to impress. The main level features durable hard-surface flooring and an open-concept kitchen complete with a massive island, granite countertops, subway tile backsplash, stainless steel appliances, and a gas range — ideal for entertaining. A spacious family room offers a comfortable area to gather and relax. Upstairs, the third floor hosts a luxurious master suite with a walk-in closet, walk-in shower, and dual vanities. Two additional bedrooms, a full hallway bath, and a conveniently located laundry room complete the upper level. The lower level includes a full bath and a versatile open space perfect for a media room, home office, or even a *** 4th bedroom.**** Enjoy access to a community pool and all the amenities this vibrant neighborhood has to offer.

Last Agent to Sell the Property

Daxay Malkan

Esteem Properties License #231461 Listed on: 09/10/2025

Last Buyer's Agent

Nischal Budhathoki

Century 21 Triangle Group License #317761

Century 21 Triangle Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 2020

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Den
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Additional Features

  • 2,178 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Ppm/Townes At North Salem HOA, Phone Number (919) 848-4911
  • Townes At North Salem Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0742775719

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,194

Year Built

Built in 2020

Lot Details

0

HOA Fees

$136 per month

Parking

2

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Townes at North Salem
  • Above Grade Finished Sq Ft: 2502.0
  • Architectural Style: A-Frame
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Third
  • Room Types Bedroom 3 Level: Third
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Third
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • Architectural Style A-Frame: Yes
  • General Property Information Monthly Association Fees2: 136.33
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2502.0
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information:Living Area3: 2502.0
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 2.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 409.0
  • Association Fee Frequency: Quarterly
  • Association Name: PPM/Townes at North Salem HOA
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM/Townes at North Salem HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 409.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0742775719

Tax Info

  • Tax Annual Amount: 4194.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2025
Closed on
Nov 20, 2025
Sold by
Patel Kishan Rajendra and Patel Dhruvisha
Bought by
Thapa Dibyaswari and Budhathoki Nischal
Seller's Agent
Daxay Malkan
Esteem Properties
Buyer's Agent
Nischal Budhathoki
Century 21 Triangle Group
List Price
$499,990
Sold Price
$475,000
Premium/Discount to List
-$24,990
-5%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.00%
Original Mortgage
$380,000
Outstanding Balance
$380,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$117,310

Purchase Details

Closed on
Jul 30, 2020
Sold by
Hhhunt Homes Raleigh Durham Llc
Bought by
Patel Kishan Rajendra and Patel Dhruvisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Listed On Document
Warranty Deed $340,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Sold $475,000 -5.0% $190 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/10/2025 09/10/25 For Sale $499,990 +5.3% $200 / Sq Ft
09/09/2025 09/09/25 Off Market $475,000 -- --
08/21/2025 08/21/25 Price Changed $499,990 -4.8% $200 / Sq Ft
08/15/2025 08/15/25 Price Changed $525,000 -1.9% $210 / Sq Ft
08/09/2025 08/09/25 For Sale $535,000 -- $214 / Sq Ft
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,194 $478,080 $105,000 $373,080
2024 $4,100 $478,080 $105,000 $373,080
2023 $3,803 $344,849 $85,000 $259,849
2022 $3,570 $344,849 $85,000 $259,849
2021 $3,434 $344,849 $85,000 $259,849
2020 $833 $85,000 $85,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10114939

Doorify MLS

APN: 0742.08-77-5719-000