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46 Summit Ave; Raleigh, NC Property Details

46 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 46 Summit Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,036 square feet. The lot size of 46 Summit Ave is 7,841 square feet.

Off market
46 Summit Ave Raleigh, NC 27603
$95,000 Listing Price
2 Beds
2 Baths
1,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $95,000
  • Open Loans / Balance: 1 / $44,990
  • Est. Equity / %: $333,010 / 88.1%
  • Gross Yield: 7.251%
  • APN: 1703.19-51-5882-000
  • Situs County: Wake
  • Length Of Ownership: 19 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,036/SqFt
  • Lot: 7,841/SqFt
  • Gross: 1,036/SqFt
  • Living: 1,036/SqFt
  • Building: 1,036/SqFt
  • Ground: 1,036/SqFt
  • Price Per Square Foot: $91.70

Legal Description

  • Description: LO43 & PT ALLEY
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: 35.760277 / -78.64412
  • Subdivision: Caraleigh Mills
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2450
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

46 Summit Ave has 10 associated Taxes items

46 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 $397,372. The APN we've located for 46 Summit Ave is 1703.19-51-5882-000.

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Taxes
  • Assessed Value:  $397,372
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.19-51-5882-000
  • Assessed Land Value:  350000
  • Market Land Value:  350000
  • Tax Amount:  3485.48
  • Tax Year:  2025
  • Market Value:  397372
  • Market Year:  2025

Tax History

46 Summit Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $397,372 Land Value $350,000 Improvement Value $47,372 Tax Amount $3,485.48 Change Rate +0.00412% Assessed CR Tax Rate +0.008771%
Year 2024 Assessed Value $397,372 Land Value $350,000 Improvement Value $47,372 Tax Amount $3,471.18 Change Rate +1.075791% Assessed CR Tax Rate +0.008735%
Year 2023 Assessed Value $151,580 Land Value $120,000 Improvement Value $31,580 Tax Amount $1,672.22 Change Rate +0.075556% Assessed CR Tax Rate +0.011032%
Year 2022 Assessed Value $151,580 Land Value $120,000 Improvement Value $31,580 Tax Amount $1,554.75 Change Rate +0.040057% Assessed CR Tax Rate +0.010257%
Year 2021 Assessed Value $151,580 Land Value $120,000 Improvement Value $31,580 Tax Amount $1,494.87 Change Rate +0.01838% Assessed CR Tax Rate +0.009862%
Year 2020 Assessed Value $151,580 Land Value $120,000 Improvement Value $31,580 Tax Amount $1,467.89 Change Rate +0.273072% Assessed CR Tax Rate +0.009684%
Year 2019 Assessed Value $97,768 Land Value $48,000 Improvement Value $49,768 Tax Amount $1,153.03 Change Rate +0.059566% Assessed CR Tax Rate +0.011794%
Year 2018 Assessed Value $97,768 Land Value $48,000 Improvement Value $49,768 Tax Amount $1,088.21 Change Rate +0.049302% Assessed CR Tax Rate +0.011131%
Year 2017 Assessed Value $97,768 Land Value $48,000 Improvement Value $49,768 Tax Amount $1,037.08 Change Rate +0.020688% Assessed CR Tax Rate +0.010608%
Year 2016 Assessed Value $97,768 Land Value $48,000 Improvement Value $49,768 Tax Amount $1,016.06 Change Rate +0.104893% Assessed CR Tax Rate +0.010393%
Year 2015 Assessed Value $86,876 Land Value $42,000 Improvement Value $44,876 Tax Amount $919.6 Change Rate +0.053439% Assessed CR Tax Rate +0.010585%
Year 2014 Assessed Value $86,876 Land Value $42,000 Improvement Value $44,876 Tax Amount $872.95 Change Rate Assessed CR Tax Rate +0.010048%