503 Summit St
Carthage, NC 28327
6 bd 4 ba 2,700 sqft Built 1986 Lot 23,087 sqft multi_family
Most recent sale
$261,900
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2022 | Listed | $270,000 | MLS #100300972 |
| Mar 11, 2022 | Sold | $261,900 | MLS #100300972 |
| Nov 15, 2021 | Listed | $270,000 | MLS #100300972 |
| Feb 24, 2020 | Listed | $270,000 | MLS #198936 |
| Feb 23, 2019 | Listed | $270,000 | MLS #192693 |
| Feb 20, 2018 | Listed | $270,000 | MLS #186635 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $209,700 | $38,250 | $247,950 | $2,096 |
| 2023 | $209,700 | $38,250 | $247,950 | $2,163 |
| 2022 | $153,920 | $12,720 | $166,640 | $1,716 |
| 2021 | $153,920 | $12,720 | $166,640 | $1,758 |
| 2020 | $153,920 | $12,720 | $166,640 | $1,775 |
| 2019 | $153,920 | $12,720 | $166,640 | $1,775 |
| 2018 | $162,650 | $12,720 | $175,370 | $1,754 |
| 2017 | $162,650 | $12,720 | $175,370 | $1,736 |
| 2016 | $162,650 | $12,720 | $175,370 | $1,736 |
| 2015 | $162,650 | $12,720 | $175,370 | $1,719 |
| 2014 | $145,940 | $18,720 | $164,660 | $1,507 |
| 2013 | $145,940 | $18,720 | $164,660 | $1,457 |
| 2012 | $145,940 | $18,720 | $164,660 | $1,457 |
| 2011 | $145,940 | $18,720 | $164,660 | $1,457 |
| 2010 | — | — | $164,660 | $1,457 |
| 2008 | — | — | $164,660 | $1,489 |
Property facts
Year built
1986
Property type
multi_family
Stories
1
Beds
6
Baths
4
Living area
2,700 sqft
Lot size
23,087 sqft
ZIP code
28327
City
Carthage
Street
Summit St
Coordinates
35.35060, -79.41405
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,571
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Summit St last sell?
503 Summit St most recently sold on Mar 11, 2022 for $261,900.
What is the current tax assessment for 503 Summit St?
The most recent total assessment for 503 Summit St (year 2024) is $247,950 with $2,096 in property tax.
How does 503 Summit St's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $261,900.
When was 503 Summit St built?
503 Summit St was built in 1986.
How does 503 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 503 Summit St?
503 Summit St is a 6 bed, 4 bath, 2,700 sqft, 23,087 sqft lot multi_family.
Is 503 Summit St a flip candidate?
No — 503 Summit St does not appear in our flips dataset.
Is 503 Summit St a tax-appeal candidate?
No — 503 Summit St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+9.0%
2026 Q3
$420.8K
2026 Q4
$429.1K
ZIP 28327 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit St