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125 Summit Ave

Brevard, NC 28712

3 bd 2 ba 1,240 sqft Built 1948 Lot 20,473 sqft single_family
Most recent sale
$418,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $418,000 MLS #3820058
Feb 14, 2022 Price changed $439,000 MLS #3820058
Jan 14, 2022 Listed $449,000 MLS #3820058
Feb 24, 2021 Sold $58,000 Public Record
Jul 29, 2005 Sold $89,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,860 $125,000 $370,860 $1,522
2023 $123,950 $66,000 $189,950 $1,145
2022 $123,950 $66,000 $189,950 $1,150
2021 $123,950 $66,000 $189,950 $1,151
2020 $95,040 $31,500 $126,540 $810
2019 $95,040 $31,500 $126,540 $814
2018 $95,040 $31,500 $126,540 $1,309
2017 $95,040 $31,500 $126,540 $1,291
2016 $95,040 $31,500 $126,540 $1,259
2015 $106,000 $31,500 $137,500 $1,272
2014 $137,500 $1,245
2013 $137,130 $1,219
2012 $137,130 $1,134
2011 $137,130 $1,134
2010 $137,130 $1,134
2009 $137,130 $1,072
2007 $122,980 $672

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,240 sqft
Lot size
20,473 sqft
ZIP code
28712
City
Brevard
Street
Summit Ave
Coordinates
35.23983, -82.71827

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,674
Gross rental yield
4.81%
Implied cap rate
3.12%
Trend-extrapolated value

Frequently asked questions

When did 125 Summit Ave last sell?
125 Summit Ave most recently sold on May 18, 2022 for $418,000.
What is the current tax assessment for 125 Summit Ave?
The most recent total assessment for 125 Summit Ave (year 2025) is $370,860 with $1,522 in property tax.
How does 125 Summit Ave's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $418,000.
When was 125 Summit Ave built?
125 Summit Ave was built in 1948.
How does 125 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 125 Summit Ave?
125 Summit Ave is a 3 bed, 2 bath, 1,240 sqft, 20,473 sqft lot single_family.
Is 125 Summit Ave a flip candidate?
Yes — 125 Summit Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 125 Summit Ave a tax-appeal candidate?
No — 125 Summit Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$479.5K
2026 Q4
$478.1K
ZIP 28712 — Median Price History + Forecast

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