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109 Summit Ave; Raleigh, NC Property Details

109 Summit Ave, Raleigh, NC is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 109 Summit Ave has 3 bedrooms, and 1 bathroom, and a total of 1,195 square feet. The lot size of 109 Summit Ave is 11,326 square feet.

Off market
109 Summit Ave Raleigh, NC 27603
$66,500 Listing Price
3 Beds
1 Baths
1,195 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $220,491
  • Est. Equity / %: $305,509 / 58.08%
  • Gross Yield: 7.168%
  • APN: 1703.19-52-0186-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Hip
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,195/SqFt
  • Lot: 11,326/SqFt
  • Gross: 1,195/SqFt
  • Living: 1,195/SqFt
  • Building: 1,195/SqFt
  • Ground: 1,195/SqFt
  • Price Per Square Foot: $96.23

Legal Description

  • Description: LO128 CARALEIGH MILLS BM2021-02093
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: 35.761234 / -78.64576
  • Subdivision: Caraleigh Mills
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2451
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

109 Summit Ave has no associated ownership info
109 Summit Ave has no associated ownership info.

Taxes

109 Summit Ave has 10 associated Taxes items

109 Summit Ave, Raleigh, 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 $546,559. The APN we've located for 109 Summit Ave is 1703.19-52-0186-000.

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Taxes
  • Assessed Value:  $546,559
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.19-52-0186-000
  • Assessed Land Value:  385000
  • Market Land Value:  385000
  • Tax Amount:  4786.54
  • Tax Year:  2025
  • Market Value:  546559
  • Market Year:  2025

Tax History

109 Summit Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $546,559 Land Value $385,000 Improvement Value $161,559 Tax Amount $4,786.54 Change Rate +0.004129% Assessed CR Tax Rate +0.008758%
Year 2024 Assessed Value $546,559 Land Value $385,000 Improvement Value $161,559 Tax Amount $4,766.86 Change Rate +0.865969% Assessed CR Tax Rate +0.008722%
Year 2023 Assessed Value $232,535 Land Value $126,000 Improvement Value $106,535 Tax Amount $2,554.63 Change Rate +0.075901% Assessed CR Tax Rate +0.010986%
Year 2022 Assessed Value $232,535 Land Value $126,000 Improvement Value $106,535 Tax Amount $2,374.41 Change Rate +0.040235% Assessed CR Tax Rate +0.010211%
Year 2021 Assessed Value $232,535 Land Value $126,000 Improvement Value $106,535 Tax Amount $2,282.57 Change Rate +0.018472% Assessed CR Tax Rate +0.009816%
Year 2020 Assessed Value $232,535 Land Value $126,000 Improvement Value $106,535 Tax Amount $2,241.17 Change Rate +0.391763% Assessed CR Tax Rate +0.009638%
Year 2019 Assessed Value $137,226 Land Value $57,600 Improvement Value $79,626 Tax Amount $1,610.31 Change Rate +0.059882% Assessed CR Tax Rate +0.011735%
Year 2018 Assessed Value $137,226 Land Value $57,600 Improvement Value $79,626 Tax Amount $1,519.33 Change Rate +0.04958% Assessed CR Tax Rate +0.011072%
Year 2017 Assessed Value $120,276 Land Value $57,600 Improvement Value $62,676 Tax Amount $1,447.56 Change Rate +0.162353% Assessed CR Tax Rate +0.012035%
Year 2016 Assessed Value $120,276 Land Value $57,600 Improvement Value $62,676 Tax Amount $1,245.37 Change Rate Assessed CR Tax Rate +0.010354%
Year 2015 Assessed Value $88,144 Land Value $42,000 Improvement Value $46,144 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $88,144 Land Value $42,000 Improvement Value $46,144 Tax Amount $885.4 Change Rate Assessed CR Tax Rate +0.010045%