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7123 Summerdale Rd

Elon, NC 27244

3 bd 2 ba 1,937 sqft Built 1995 Lot 44,431 sqft single_family
Most recent sale
$247,000
Jan 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 10, 2022 Sold $247,000 MLS #1048445
Nov 9, 2021 Listed $259,000 MLS #1048445
Jun 14, 2018 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,900 $25,000 $188,900 $1,864
2024 $163,900 $25,000 $188,900 $1,680
2023 $163,900 $25,000 $188,900 $1,626
2022 $163,900 $25,000 $188,900 $1,642
2021 $138,900 $20,000 $158,900 $1,382
2020 $138,900 $20,000 $158,900 $1,382
2019 $138,900 $20,000 $158,900 $1,382
2018 $138,900 $20,000 $158,900 $1,382
2017 $138,900 $20,000 $158,900 $1,382
2016 $125,200 $18,000 $143,200 $1,280
2015 $125,200 $18,000 $143,200 $1,281
2014 $125,200 $18,000 $143,200 $1,246
2013 $125,200 $18,000 $143,200 $1,246
2012 $125,200 $18,000 $143,200 $1,261
2011 $125,100 $25,000 $150,100 $1,324
2010 $125,100 $25,000 $150,100 $1,252
2009 $125,100 $25,000 $150,100 $1,249
2008 $125,100 $25,000 $150,100 $1,249
2007 $125,100 $25,000 $150,100 $1,180

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,937 sqft
Lot size
44,431 sqft
ZIP code
27244
City
Elon
Street
Summerdale Rd
Coordinates
36.14822, -79.56304

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,615
Gross rental yield
12.70%
Implied cap rate
8.26%
Trend-extrapolated value

Frequently asked questions

When did 7123 Summerdale Rd last sell?
7123 Summerdale Rd most recently sold on Jan 10, 2022 for $247,000.
What is the current tax assessment for 7123 Summerdale Rd?
The most recent total assessment for 7123 Summerdale Rd (year 2025) is $188,900 with $1,864 in property tax.
How does 7123 Summerdale Rd's assessment compare to its last sale price?
The current assessment is 23.5% below the last sale price of $247,000.
When was 7123 Summerdale Rd built?
7123 Summerdale Rd was built in 1995.
How does 7123 Summerdale Rd compare to others on Summerdale Rd?
We track 8 other properties on Summerdale Rd. Browse the list under "Other properties on Summerdale Rd" to compare beds, baths, and sale history.
What are the property facts for 7123 Summerdale Rd?
7123 Summerdale Rd is a 3 bed, 2 bath, 1,937 sqft, 44,431 sqft lot single_family.
Is 7123 Summerdale Rd a flip candidate?
No — 7123 Summerdale Rd does not appear in our flips dataset.
Is 7123 Summerdale Rd a tax-appeal candidate?
No — 7123 Summerdale Rd 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$318.8K
2026 Q4
$315.9K
ZIP 27244 — Median Price History + Forecast

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