$542,000 - $682,000
RENTED JUL 17, 2024

1048 Torrence Dr Apex, NC 27502

4 Beds
3 Baths
2,473 Sq Ft
$240 Price per Sq Ft

About This Home

Fabulous, large 4 BR/2.5 BA home in desirable Apex location convenient to everything! 1st flr has 2 living areas great for entertaining! 2 story LR, family rm w/FP open to Kit w/all appliances included. Upstairs, Lg primary suite w/ walk-in closet, bath w/ dual vanities, separate shower & garden tub. 3 additional BRs & bath upstairs. Relaxing back deck overlooks beautiful fenced-in backyard. 2 car garage & community pool!
$300 pet fee per pet if approved. $150 admin fee. Landlord believes home contains approx 2473 sqft but tenant shall verify & not rely upon foregoing representation. Rented as is unless otherwise agreed. Required Resident Benefit Package $49.95/month includes liability insurance, credit building, identity theft protection, HVAC air filter delivery, on-demand pest control & much more! Photos taken prior to tenant move-in, some flooring to be replaced upon tenant move-out.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2009
Sold by
Passey Marc D and Passey Sara S
Bought by
Shemancik Kenneth and Shemancik Laura
Current Estimated Value
$593,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,252
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2001
Sold by
Anderson Homes Inc
Bought by
Passey Marc D and Passey Sara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,665
Interest Rate
7.14%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shemancik Kenneth $252,000 None Available
Passey Marc D $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passey Marc D $217,425
Closed Shemancik Kenneth $247,252
Previous Owner Passey Marc D $37,965
Previous Owner Passey Marc D $158,000
Previous Owner Passey Marc D $30,000
Previous Owner Passey Marc D $158,665
Closed Passey Marc D $29,749
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Rented $2,300 0.0% --
07/01/2024 07/01/24 Under Contract -- -- --
06/07/2024 06/07/24 For Rent $2,300 -- --

Tax History Compared to Growth

Source: Public Records

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
2024 $4,391 $512,085 $200,000 $312,085
2023 $3,629 $328,989 $80,000 $248,989
2022 $3,407 $328,989 $80,000 $248,989
2021 $3,277 $328,989 $80,000 $248,989
2020 $3,244 $328,989 $80,000 $248,989
2019 $3,045 $266,332 $75,000 $191,332
2018 $2,868 $266,332 $75,000 $191,332
2017 $2,670 $266,332 $75,000 $191,332
2016 $2,631 $266,332 $75,000 $191,332
2015 $2,601 $256,960 $64,000 $192,960
2014 $2,507 $256,960 $64,000 $192,960
Source: Public Records

Agents Affiliated with this Home

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