7246 Summit Waters Ln
Raleigh, NC 27613
3 bd 4 ba 2,969 sqft Built 2002 Lot 2,614 sqft townhomes
Most recent sale
$520,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2024 | Sold | $475,000 | DoorifyMLS |
| Apr 18, 2023 | Sold | $550,000 | DoorifyMLS |
| Feb 17, 2023 | Price changed | $535,500 | DoorifyMLS |
| Jan 3, 2023 | Listed | $535,000 | DoorifyMLS |
| Oct 11, 2022 | Sold | $520,000 | MLS #2464953 |
| Aug 23, 2022 | Relisted | $535,000 | MLS #2464953 |
| Jul 27, 2022 | Listed | $535,000 | MLS #2464953 |
| Aug 31, 2021 | Sold | $415,000 | MLS #2394679 |
| Mar 28, 2003 | Sold | $293,700 | DoorifyMLS |
| Mar 26, 2003 | Sold | $294,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $392,778 | $105,000 | $497,778 | $4,361 |
| 2024 | $392,778 | $105,000 | $497,778 | $4,343 |
| 2023 | $285,416 | $63,000 | $348,416 | $3,817 |
| 2022 | $281,503 | $63,000 | $344,503 | $3,508 |
| 2021 | $281,503 | $63,000 | $344,503 | $3,372 |
| 2020 | $281,503 | $63,000 | $344,503 | $3,311 |
| 2019 | $255,348 | $56,000 | $311,348 | $3,628 |
| 2018 | $255,348 | $56,000 | $311,348 | $3,422 |
| 2017 | $255,348 | $56,000 | $311,348 | $3,259 |
| 2016 | $255,348 | $56,000 | $311,348 | $3,192 |
| 2015 | $254,626 | $56,000 | $310,626 | $3,237 |
| 2014 | $254,626 | $56,000 | $310,626 | $3,070 |
| 2013 | $254,626 | $56,000 | $310,626 | $2,867 |
| 2012 | $254,626 | $56,000 | $310,626 | $2,867 |
| 2011 | $254,626 | $56,000 | $310,626 | $2,839 |
| 2010 | $254,626 | $56,000 | $310,626 | $2,839 |
| 2009 | $254,626 | $56,000 | $310,626 | $2,839 |
| 2007 | $280,646 | $56,000 | $336,646 | $2,917 |
Property facts
Year built
2002
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
2,969 sqft
Lot size
2,614 sqft
ZIP code
27613
City
Raleigh
Street
Summit Waters Ln
Coordinates
35.87663, -78.71973
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,008
Gross rental yield
9.25%
Implied cap rate
6.01%
Trend-extrapolated value
—
Frequently asked questions
When did 7246 Summit Waters Ln last sell?
7246 Summit Waters Ln most recently sold on Oct 11, 2022 for $520,000.
What is the current tax assessment for 7246 Summit Waters Ln?
The most recent total assessment for 7246 Summit Waters Ln (year 2025) is $497,778 with $4,361 in property tax.
How does 7246 Summit Waters Ln's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $520,000.
When was 7246 Summit Waters Ln built?
7246 Summit Waters Ln was built in 2002.
How does 7246 Summit Waters Ln compare to others on Summit Waters Ln?
We track 1 other property on Summit Waters Ln. Browse the list under "Other properties on Summit Waters Ln" to compare beds, baths, and sale history.
What are the property facts for 7246 Summit Waters Ln?
7246 Summit Waters Ln is a 3 bed, 4 bath, 2,969 sqft, 2,614 sqft lot townhomes.
Is 7246 Summit Waters Ln a flip candidate?
Yes — 7246 Summit Waters Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7246 Summit Waters Ln a tax-appeal candidate?
No — 7246 Summit Waters Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-3.8%
2026 Q3
$719.2K
2026 Q4
$711.8K
ZIP 27613 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Waters Ln