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62 Summit Ave; Raleigh, NC Property Details

62 Summit Ave, Raleigh, NC is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 62 Summit Ave is 6,970 square feet.

Off market
62 Summit Ave Raleigh, NC 27603
$350,000 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $125,000
  • Est. Equity / %: $706,000 / 100%
  • APN: 1703.19-51-4979-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 2 months

Structure

  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Lot: 6,970/SqFt

Legal Description

  • Description: LO47 RCMB FAYE LAWRENCE BM2020-01045
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.76074 / -78.64447
  • Property Class: Vacant
  • Zoning: R-6
  • County Use Code: V

Amenities

  • Plus Four: 2450

Ownership Info

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

Taxes

62 Summit Ave has 10 associated Taxes items

62 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 $350,000. The APN we've located for 62 Summit Ave is 1703.19-51-4979-000.

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Taxes
  • Assessed Value:  $350,000
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.19-51-4979-000
  • Assessed Land Value:  350000
  • Market Land Value:  350000
  • Tax Amount:  3052.35
  • Tax Year:  2025
  • Market Value:  350000
  • Market Year:  2025

Tax History

62 Summit Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $350,000 Land Value $350,000 Improvement Value Tax Amount $3,052.35 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $350,000 Land Value $350,000 Improvement Value Tax Amount $3,039.75 Change Rate +1.323968% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $120,000 Land Value $120,000 Improvement Value Tax Amount $1,308 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $120,000 Land Value $120,000 Improvement Value Tax Amount $1,215 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $120,000 Land Value $120,000 Improvement Value Tax Amount $1,167.6 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $120,000 Land Value $120,000 Improvement Value Tax Amount $1,146.24 Change Rate +1.060545% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $556.28 Change Rate +0.060692% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $524.45 Change Rate Assessed CR Tax Rate +0.010926%