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240 Summer Ranch Dr

Fuquay Varina, NC 27526

5 bd 3 ba 2,810 sqft Built 2020 Lot 6,534 sqft single_family
Most recent sale
$530,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $530,000 MLS #2457468
Jun 22, 2022 Listed $525,000 MLS #2457468
Dec 21, 2020 Sold $338,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $417,533 $90,000 $507,533 $4,461
2024 $417,533 $90,000 $507,533 $4,443
2023 $285,829 $53,000 $338,829 $3,787
2022 $285,829 $53,000 $338,829 $3,559
2021 $53,000 $53,000 $3,391
2020 $53,000 $53,000 $527

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,810 sqft
Lot size
6,534 sqft
ZIP code
27526
City
Fuquay Varina
Street
Summer Ranch Dr
Coordinates
35.58651, -78.74436

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
$3,794
Gross rental yield
8.59%
Implied cap rate
5.58%
Trend-extrapolated value

Frequently asked questions

When did 240 Summer Ranch Dr last sell?
240 Summer Ranch Dr most recently sold on Jul 27, 2022 for $530,000.
What is the current tax assessment for 240 Summer Ranch Dr?
The most recent total assessment for 240 Summer Ranch Dr (year 2025) is $507,533 with $4,461 in property tax.
How does 240 Summer Ranch Dr's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $530,000.
When was 240 Summer Ranch Dr built?
240 Summer Ranch Dr was built in 2020.
How does 240 Summer Ranch Dr compare to others on Summer Ranch Dr?
We track 8 other properties on Summer Ranch Dr. Browse the list under "Other properties on Summer Ranch Dr" to compare beds, baths, and sale history.
What are the property facts for 240 Summer Ranch Dr?
240 Summer Ranch Dr is a 5 bed, 3 bath, 2,810 sqft, 6,534 sqft lot single_family.
Is 240 Summer Ranch Dr a flip candidate?
Yes — 240 Summer Ranch Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 240 Summer Ranch Dr a tax-appeal candidate?
No — 240 Summer Ranch Dr 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
-19.1%
Implied 1-yr
-76.5%
2026 Q3
$440.3K
2026 Q4
$440.3K
ZIP 27526 — Median Price History + Forecast

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