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344 Summit Ave; Raleigh, NC Property Details

344 Summit Ave, Raleigh, NC is a Single Family that was built in 1908. This property is currently a cash purchase and is not for sale. Our records show that 344 Summit Ave has 2 bedrooms, and 1 bathroom, and a total of 1,082 square feet. The lot size of 344 Summit Ave is 12,197 square feet.

Off market
344 Summit Ave Raleigh, NC 27603
$312,500 Listing Price
2 Beds
1 Baths
1,082 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1908
  • Purchase Price: $475,000
  • Open Loans / Balance: 1 / $227,371
  • Est. Equity / %: $247,629 / 52.13%
  • Gross Yield: 7.41%
  • APN: 1703.18-32-3228-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,082/SqFt
  • Lot: 12,197/SqFt
  • Gross: 1,082/SqFt
  • Living: 1,082/SqFt
  • Building: 1,082/SqFt
  • Ground: 1,082/SqFt
  • Price Per Square Foot: $439.00

Legal Description

  • Description: 344 SUMMIT AVENUE
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: 35.7616 / -78.65173
  • Property Class: Residential
  • Zoning: CX-20
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2352
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

344 Summit Ave has 8 associated Taxes items

344 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 $516,247. The APN we've located for 344 Summit Ave is 1703.18-32-3228-000.

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Taxes
  • Assessed Value:  $516,247
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.18-32-3228-000
  • Assessed Land Value:  385000
  • Market Land Value:  385000
  • Market Value:  516247
  • Market Year:  2025

Tax History

344 Summit Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $516,247 Land Value $385,000 Improvement Value $131,247 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $516,247 Land Value $385,000 Improvement Value $131,247 Tax Amount $4,503.61 Change Rate +1.535088% Assessed CR Tax Rate +0.008724%
Year 2023 Assessed Value $161,148 Land Value $120,000 Improvement Value $41,148 Tax Amount $1,776.51 Change Rate +0.075617% Assessed CR Tax Rate +0.011024%
Year 2022 Assessed Value $161,148 Land Value $120,000 Improvement Value $41,148 Tax Amount $1,651.62 Change Rate +0.040083% Assessed CR Tax Rate +0.010249%
Year 2021 Assessed Value $161,148 Land Value $120,000 Improvement Value $41,148 Tax Amount $1,587.97 Change Rate +0.018393% Assessed CR Tax Rate +0.009854%
Year 2020 Assessed Value $161,148 Land Value $120,000 Improvement Value $41,148 Tax Amount $1,559.29 Change Rate +0.468839% Assessed CR Tax Rate +0.009676%
Year 2019 Assessed Value $89,877 Land Value $48,000 Improvement Value $41,877 Tax Amount $1,061.58 Change Rate +0.059461% Assessed CR Tax Rate +0.011811%
Year 2018 Assessed Value $89,877 Land Value $48,000 Improvement Value $41,877 Tax Amount $1,002 Change Rate +0.049226% Assessed CR Tax Rate +0.011149%
Year 2017 Assessed Value $89,877 Land Value $48,000 Improvement Value $41,877 Tax Amount $954.99 Change Rate +0.020648% Assessed CR Tax Rate +0.010626%
Year 2016 Assessed Value $89,877 Land Value $48,000 Improvement Value $41,877 Tax Amount $935.67 Change Rate +0.248892% Assessed CR Tax Rate +0.010411%
Year 2015 Assessed Value $70,420 Land Value $42,000 Improvement Value $28,420 Tax Amount $749.2 Change Rate +0.053149% Assessed CR Tax Rate +0.010639%
Year 2014 Assessed Value $70,420 Land Value $42,000 Improvement Value $28,420 Tax Amount $711.39 Change Rate Assessed CR Tax Rate +0.010102%