Taxes
- Assessed Value: $943,427
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1703.19-52-0462-000
- Assessed Land Value: 350000
- Market Land Value: 350000
- Tax Amount: 8247.63
- Tax Year: 2025
- Market Value: 943427
- Market Year: 2025
118 Summit Ave; Raleigh, NC Property Details
Off market
118 Summit Ave Raleigh, NC 27603
$935,500 Listing Price
4 Beds
3.5 Baths
2,977 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2023
- Purchase Price: $935,500
- Open Loans / Balance: 1 / $575,000
- Est. Equity / %: $331,000 / 36.53%
- APN: 1703.19-52-0462-000
- Situs County: Wake
- Length Of Ownership: 2 years, 7 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 4
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Quality: B
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 2,977/SqFt
- Lot: 7,405/SqFt
- Gross: 2,977/SqFt
- Living: 2,977/SqFt
- Building: 2,977/SqFt
- Price Per Square Foot: $314.24
Legal Description
- Description: LO153 & PT ALLEY CARALEIGH MILLS BM2021-
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: 35.761936 / -78.64584
- Subdivision: & Pt Alley Caraleigh Mills
- Property Class: Residential
- Zoning: R-6
- County Use Code: 01
Amenities
- Plus Four: 2452
- Cooling: Central
- Heating: Forced air unit
Ownership Info
118 Summit Ave has no associated ownership info
118 Summit Ave has no associated ownership info.
Taxes
118 Summit Ave has 10 associated Taxes items
118 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 $943,427. The APN we've located for 118 Summit Ave is 1703.19-52-0462-000.
Unlock the full reportTax History
118 Summit Ave has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $943,427 | Land Value $350,000 | Improvement Value $593,427 | Tax Amount $8,247.63 | Change Rate +0.004135% | Assessed CR | Tax Rate +0.008742% |
| Year 2024 | Assessed Value $943,427 | Land Value $350,000 | Improvement Value $593,427 | Tax Amount $8,213.67 | Change Rate +1.317182% | Assessed CR | Tax Rate +0.008706% |
| Year 2023 | Assessed Value $325,200 | Land Value $120,000 | Improvement Value $205,200 | Tax Amount $3,544.68 | Change Rate +1.374931% | Assessed CR | Tax Rate +0.0109% |
| Year 2022 | Assessed Value $145,436 | Land Value $120,000 | Improvement Value $25,436 | Tax Amount $1,492.54 | Change Rate | Assessed CR | Tax Rate +0.010263% |