2505 Summit Dr
Hillsborough, NC 27278
3 bd 3 ba 1,937 sqft Built 2003 Lot 10,890 sqft single_family
Most recent sale
$415,000
Oct 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2022 | Sold | $415,000 | MLS #2475308 |
| Sep 21, 2022 | Listed | $400,000 | MLS #2475308 |
| Jul 28, 2021 | Sold | $365,000 | MLS #2390098 |
| May 28, 2014 | Sold | $222,000 | Public Record |
| Apr 17, 2014 | Listed | $230,000 | MLS #1943196 |
| Aug 8, 2003 | Sold | $182,500 | Public Record |
| Oct 29, 2002 | Sold | $1,467,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $277,400 | $175,000 | $452,400 | $5,451 |
| 2023 | $199,900 | $60,000 | $259,900 | $3,913 |
| 2022 | $199,900 | $60,000 | $259,900 | $3,902 |
| 2021 | $190,100 | $60,000 | $250,100 | $3,733 |
| 2020 | $177,500 | $55,000 | $232,500 | $3,676 |
| 2019 | $177,500 | $55,000 | $232,500 | $3,676 |
| 2018 | $177,500 | $55,000 | $232,500 | $3,626 |
| 2017 | $177,500 | $55,000 | $232,500 | $3,592 |
| 2016 | $170,906 | $55,562 | $226,468 | $3,710 |
| 2015 | $170,906 | $55,562 | $226,468 | $3,635 |
| 2014 | $170,906 | $55,562 | $226,468 | $3,595 |
| 2013 | $170,906 | $55,562 | $226,468 | $3,550 |
| 2012 | $170,906 | $55,562 | $226,468 | $3,582 |
| 2011 | $170,906 | $55,562 | $226,468 | $3,441 |
| 2010 | $170,906 | $55,562 | $226,468 | $3,436 |
| 2009 | $170,906 | $55,562 | $226,468 | $3,347 |
| 2008 | $152,920 | $42,092 | $195,012 | $3,253 |
| 2007 | $152,920 | $42,092 | $195,012 | $3,090 |
Property facts
Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,937 sqft
Lot size
10,890 sqft
ZIP code
27278
City
Hillsborough
Street
Summit Dr
Coordinates
36.04752, -79.08377
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,615
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value
—
Frequently asked questions
When did 2505 Summit Dr last sell?
2505 Summit Dr most recently sold on Oct 21, 2022 for $415,000.
What is the current tax assessment for 2505 Summit Dr?
The most recent total assessment for 2505 Summit Dr (year 2025) is $452,400 with $5,451 in property tax.
How does 2505 Summit Dr's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $415,000.
When was 2505 Summit Dr built?
2505 Summit Dr was built in 2003.
How does 2505 Summit Dr compare to others on Summit Dr?
We track 8 other properties on Summit Dr. Browse the list under "Other properties on Summit Dr" to compare beds, baths, and sale history.
What are the property facts for 2505 Summit Dr?
2505 Summit Dr is a 3 bed, 3 bath, 1,937 sqft, 10,890 sqft lot single_family.
Is 2505 Summit Dr a flip candidate?
No — 2505 Summit Dr does not appear in our flips dataset.
Is 2505 Summit Dr a tax-appeal candidate?
No — 2505 Summit Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$748.8K
2026 Q4
$748.8K
ZIP 27278 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Dr