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2506 Summit Dr

Hillsborough, NC 27278

3 bd 3 ba 2,348 sqft Built 2003 Lot 13,068 sqft single_family
Most recent sale
$425,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $425,000 MLS #2459786
Aug 6, 2022 Price changed $430,000 MLS #2459786
Jul 15, 2022 Price changed $450,000 MLS #2459786
Jul 2, 2022 Listed $465,000 MLS #2459786
Jul 20, 2018 Sold $298,000 Public Record
May 19, 2018 Listed $299,900 MLS #2192829
Jul 3, 2015 Listing removed $253,000 TriangleAreaNC
Jul 2, 2015 Sold $238,000 Public Record
Apr 15, 2015 Listed $253,000 MLS #2001592
Jan 31, 2012 Sold $214,000 Public Record
Jan 10, 2012 Listing removed $219,900 TriangleAreaNC
Nov 18, 2011 Price changed $219,900 MLS #1803799
Oct 12, 2011 Price changed $229,900 MLS #1803799
Sep 26, 2011 Listed $238,900 MLS #1803799
Sep 30, 2003 Sold $185,500 Public Record
Oct 29, 2002 Sold $1,467,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $319,500 $175,000 $494,500 $5,936
2023 $235,400 $60,000 $295,400 $4,418
2022 $235,400 $60,000 $295,400 $4,406
2021 $235,400 $60,000 $295,400 $4,369
2020 $203,500 $55,000 $258,500 $4,063
2019 $203,500 $55,000 $258,500 $4,063
2018 $203,500 $55,000 $258,500 $4,008
2017 $203,500 $55,000 $258,500 $3,971
2016 $206,387 $56,008 $262,395 $4,270
2015 $206,387 $56,008 $262,395 $4,195
2014 $206,387 $56,008 $262,395 $4,271
2013 $206,387 $56,008 $262,395 $4,212
2012 $206,387 $56,008 $262,395 $4,135
2011 $206,387 $56,008 $262,395 $3,972
2010 $206,387 $56,008 $262,395 $3,967
2009 $206,387 $56,008 $262,395 $3,878
2008 $183,405 $42,430 $225,835 $3,767
2007 $183,405 $42,430 $225,835 $3,579

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,348 sqft
Lot size
13,068 sqft
ZIP code
27278
City
Hillsborough
Street
Summit Dr
Coordinates
36.04684, -79.08408

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
$3,170
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value

Frequently asked questions

When did 2506 Summit Dr last sell?
2506 Summit Dr most recently sold on Sep 1, 2022 for $425,000.
What is the current tax assessment for 2506 Summit Dr?
The most recent total assessment for 2506 Summit Dr (year 2025) is $494,500 with $5,936 in property tax.
How does 2506 Summit Dr's assessment compare to its last sale price?
The current assessment is 16.4% above the last sale price of $425,000.
When was 2506 Summit Dr built?
2506 Summit Dr was built in 2003.
How does 2506 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 2506 Summit Dr?
2506 Summit Dr is a 3 bed, 3 bath, 2,348 sqft, 13,068 sqft lot single_family.
Is 2506 Summit Dr a flip candidate?
No — 2506 Summit Dr does not appear in our flips dataset.
Is 2506 Summit Dr a tax-appeal candidate?
Yes — 2506 Summit Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$748.8K
2026 Q4
$748.8K
ZIP 27278 — Median Price History + Forecast

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