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27 Summit Ave

Raleigh, NC 27603

3 bd 3 ba 1,643 sqft Built 1984 Lot 9,148 sqft single_family
Most recent sale
$575,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 2, 2024 Relisted $645,000 DoorifyMLS
Sep 12, 2024 Price changed $645,000 DoorifyMLS
Jun 28, 2024 Listed $650,000 DoorifyMLS
Aug 16, 2022 Sold $575,000 MLS #2453722
Jun 21, 2022 Price changed $599,000 MLS #2453722
Jun 5, 2022 Listed $642,000 MLS #2453722
Sep 29, 2014 Sold $195,000 Public Record
Aug 13, 2014 Listed $198,500 MLS #1965158
Mar 31, 2010 Sold $179,000 Public Record
Mar 29, 2010 Listed $179,000 MLS #1717069
Jun 2, 2008 Sold $78,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $330,666 $350,000 $680,666 $5,956
2024 $330,666 $350,000 $680,666 $5,931
2023 $214,135 $120,000 $334,135 $3,662
2022 $155,287 $120,000 $275,287 $2,807
2021 $155,287 $120,000 $275,287 $2,699
2020 $155,287 $120,000 $275,287 $2,650
2019 $135,100 $43,200 $178,300 $2,086
2018 $135,100 $43,200 $178,300 $1,968
2017 $135,100 $43,200 $178,300 $1,875
2016 $135,100 $43,200 $178,300 $1,837
2015 $112,206 $37,800 $150,006 $1,573
2014 $112,206 $37,800 $150,006 $1,493
2013 $112,206 $37,800 $150,006 $1,395
2012 $112,206 $37,800 $150,006 $1,395
2011 $112,206 $37,800 $150,006 $1,381
2010 $112,206 $37,800 $150,006 $954
2009 $37,800 $37,800 $419
2007 $19,164 $46,200 $65,364 $523

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,643 sqft
Lot size
9,148 sqft
ZIP code
27603
City
Raleigh
Street
Summit Ave
Coordinates
35.75903, -78.64407

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,218
Gross rental yield
4.63%
Implied cap rate
3.01%
Trend-extrapolated value

Frequently asked questions

When did 27 Summit Ave last sell?
27 Summit Ave most recently sold on Aug 16, 2022 for $575,000.
What is the current tax assessment for 27 Summit Ave?
The most recent total assessment for 27 Summit Ave (year 2025) is $680,666 with $5,956 in property tax.
How does 27 Summit Ave's assessment compare to its last sale price?
The current assessment is 18.4% above the last sale price of $575,000.
When was 27 Summit Ave built?
27 Summit Ave was built in 1984.
How does 27 Summit Ave compare to others on Summit Ave?
We track 7 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 27 Summit Ave?
27 Summit Ave is a 3 bed, 3 bath, 1,643 sqft, 9,148 sqft lot single_family.
Is 27 Summit Ave a flip candidate?
No — 27 Summit Ave does not appear in our flips dataset.
Is 27 Summit Ave a tax-appeal candidate?
Yes — 27 Summit Ave 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
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$421.2K
2026 Q4
$403K
ZIP 27603 — Median Price History + Forecast

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