550 Summitt Dr
Sanford, NC 27330
2 bd 2 ba 1,778 sqft Built 1940 Lot 14,375 sqft single_family
Most recent sale
$340,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2023 | Sold | $377,000 | DoorifyMLS |
| Jul 11, 2022 | Sold | $340,000 | MLS #2452819 |
| Jun 3, 2022 | Listed | $305,000 | MLS #2452819 |
| Jan 24, 2022 | Sold | $187,000 | Public Record |
| May 10, 2018 | Sold | $155,500 | Public Record |
| Apr 3, 2018 | Listed | $163,000 | MLS #2182542 |
| Mar 3, 2018 | Listing removed | $159,900 | LongleafPineRealtors |
| Nov 26, 2017 | Listed | $159,900 | MLS #532107 |
| Oct 26, 2017 | Listing removed | $165,000 | DoorifyMLS |
| May 3, 2017 | Price changed | $165,000 | MLS #2124093 |
| Apr 25, 2017 | Listed | $168,000 | MLS #2124093 |
| Apr 27, 2007 | Sold | $132,000 | Public Record |
| Jan 28, 2004 | Sold | $102,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $268,700 | $25,500 | $294,200 | $3,856 |
| 2024 | $268,700 | $25,500 | $294,200 | $3,836 |
| 2023 | $268,700 | $25,500 | $294,200 | $3,826 |
| 2022 | $133,400 | $21,300 | $154,700 | $2,408 |
| 2021 | $133,400 | $21,300 | $154,700 | $2,444 |
| 2020 | $133,400 | $21,300 | $154,700 | $2,437 |
| 2019 | $133,400 | $21,300 | $154,700 | $2,397 |
| 2018 | $74,200 | $22,000 | $96,200 | $1,586 |
| 2017 | $74,200 | $22,000 | $96,200 | $1,567 |
| 2016 | $74,200 | $22,000 | $96,200 | $1,542 |
| 2015 | $74,200 | $22,000 | $96,200 | $1,542 |
| 2014 | $74,200 | $22,000 | $96,200 | $1,470 |
| 2013 | $74,200 | $22,000 | $96,200 | $1,362 |
| 2012 | $107,700 | $9,100 | $116,800 | $1,632 |
| 2011 | $107,700 | $9,100 | $116,800 | $1,632 |
| 2010 | $107,700 | $9,100 | $116,800 | $1,607 |
| 2009 | $107,700 | $9,100 | $116,800 | $1,607 |
| 2008 | $107,700 | $9,100 | $116,800 | $1,607 |
| 2007 | $84,000 | $9,100 | $93,100 | $1,310 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,778 sqft
Lot size
14,375 sqft
ZIP code
27330
City
Sanford
Street
Summitt Dr
Coordinates
35.48000, -79.18872
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,400
Gross rental yield
8.47%
Implied cap rate
5.51%
Trend-extrapolated value
—
Frequently asked questions
When did 550 Summitt Dr last sell?
550 Summitt Dr most recently sold on Jul 11, 2022 for $340,000.
What is the current tax assessment for 550 Summitt Dr?
The most recent total assessment for 550 Summitt Dr (year 2025) is $294,200 with $3,856 in property tax.
How does 550 Summitt Dr's assessment compare to its last sale price?
The current assessment is 13.5% below the last sale price of $340,000.
When was 550 Summitt Dr built?
550 Summitt Dr was built in 1940.
How does 550 Summitt Dr compare to others on Summitt Dr?
We track 8 other properties on Summitt Dr. Browse the list under "Other properties on Summitt Dr" to compare beds, baths, and sale history.
What are the property facts for 550 Summitt Dr?
550 Summitt Dr is a 2 bed, 2 bath, 1,778 sqft, 14,375 sqft lot single_family.
Is 550 Summitt Dr a flip candidate?
Yes — 550 Summitt Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 550 Summitt Dr a tax-appeal candidate?
No — 550 Summitt 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
-2.1%
Implied 1-yr
-8.2%
2026 Q3
$328K
2026 Q4
$320.2K
ZIP 27330 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summitt Dr