NOT LISTED FOR SALE

118 Summit Ave Raleigh, NC 27603

Caraleigh Neighborhood

Estimated Value: $238,000

4 Beds
5 Baths
3,054 Sq Ft
$78/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $935,500 $306 Per Sq Ft

Current estimated payment $1,506/month

4 Days on Market

Highlights

  • New Construction
  • 0.17 Acre Lot
  • Wood Flooring
  • Washington Elementary School Rated A
  • Craftsman Architecture
  • 3-minute walk to Caraleigh Park

About This Home

As of December 2023

NEW CONSTRUCTION! This gorgeous brand new home is located right in the hot spot of Caraleigh. Many large developments coming to this area! This home is filled with high end designer fixtures throughout. Enjoy cooking in this beautiful white kitchen, high end appliances, a pantry, Calcutta quartz countertops, a serving station connected to the huge covered deck that leads to a large flat yard. Custom metal handrails, site finished hardwoods throughout the first two floors, custom trim work throughout, gas copper lamps on the covered front porch. Walk onto master bathroom marble floors and a large custom WIC. Each bedroom has its own en suite and the third floor could be a bedroom or a full bonus area with wet bar! To top it all off you have a covered third floor deck to take in the skyline views of the city!

Last Agent to Sell the Property

Isabel Moss

EXP Realty LLC License #286639 Listed on: 11/07/2023

EXP Realty LLC

Last Buyer's Agent

Deb McCutcheon

RE/MAX EXECUTIVE License #188581

RE/MAX EXECUTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Private Driveway

Home Design

  • Craftsman Architecture
  • Frame Construction

Interior Spaces

  • 3,054 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Washington Elementary School
  • Ligon Middle School
  • Enloe High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Caraleigh Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Subdivision Name: Caraleigh
  • Above Grade Finished Sq Ft: 3054.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x150
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-07-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Property Condition Framed: Yes
  • Architectural Style Craftsman: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 3054.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 9

Exterior Features

  • Acres: 0.17
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Enloe
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3544.0

MLS Schools

  • Elementary School: Wake - Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Camleigh Baptist Church
Bought by
Moss Construction & Design Llc
Current Estimated Value
$238,000
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moss Construction & Design Llc $175,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $935,500 -1.5% $306 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $949,900 -- $311 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $1,493 $157,436 $132,000 $25,436
2020 $20 $157,436 $132,000 $25,436
2019 $0 $91,422 $52,800 $38,622
2018 $0 $91,422 $52,800 $38,622
2017 $0 $91,422 $52,800 $38,622
2016 $0 $91,422 $52,800 $38,622
2015 -- $115,610 $75,600 $40,010
2014 -- $115,610 $75,600 $40,010
Source: Public Records

Agents Affiliated with this Home

  • Isabel Moss

    Seller's Agent in 2023

    Isabel Moss

    EXP Realty LLC

    (919) 214-4776

    1 in this area

    36 Total Sales

    Isabel Moss
    Section Image
  • Deb McCutcheon

    Buyer's Agent in 2023

    Deb McCutcheon

    RE/MAX EXECUTIVE

    (919) 971-2900

    1 in this area

    52 Total Sales

    Deb McCutcheon
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2540884

Doorify MLS

APN: 1703.19-52-0487-000

North Carolina Wake County Raleigh 27603 Caraleigh

118 Summit Ave, Raleigh, NC

This home is located at 118 Summit Ave, Raleigh, NC 27603 since 07 November 2023 and is currently priced at $238,000, approximately $77 per square foot. This property was built in 2023. 118 Summit Ave is a home located in Wake County with nearby schools including Washington Elementary School, Ligon Magnet Middle School, and Enloe High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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