2404 Summit Dr Hillsborough, NC 27278
Estimated Value: $497,000 - $569,000
4
Beds
3
Baths
2,270
Sq Ft
$232/Sq Ft
Est. Value
About This Home
This home is located at 2404 Summit Dr, Hillsborough, NC 27278 and is currently estimated at $525,813, approximately $231 per square foot. 2404 Summit Dr is a home located in Orange County with nearby schools including New Hope Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2018
Sold by
Guynn David and Guynn Natalie
Bought by
Thornton Joseph T and Thornton Heidi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.8%
Mortgage Type
VA
Purchase Details
Closed on
May 1, 2014
Sold by
Gerstner Sandra L and Gerstner Patrick L
Bought by
Guynn David and Guynn Natalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 31, 2003
Sold by
D R Horton Inc Torrey
Bought by
Gerstner Patrick L and Gerstner Sandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 28, 2002
Sold by
Summit Properties Llc
Bought by
D R Horton Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Thornton Joseph T | $285,000 | None Available | |
Guynn David | $247,000 | None Available | |
Gerstner Patrick L | $206,500 | -- | |
D R Horton Inc | $1,467,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Thornton Joseph T | $244,034 | |
Closed | Thornton Joseph T | $245,000 | |
Previous Owner | Guynn David | $242,000 | |
Previous Owner | Gerstner | $138,000 | |
Previous Owner | Gerstner Patrick L | $143,000 | |
Previous Owner | Gerstner | $132,000 | |
Previous Owner | Gerstner Patrick L | $138,000 | |
Previous Owner | Gerstner Patrick L | $150,000 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $4,422 | $285,300 | $60,000 | $225,300 |
2023 | $4,275 | $285,300 | $60,000 | $225,300 |
2022 | $4,263 | $285,300 | $60,000 | $225,300 |
2021 | $4,227 | $285,300 | $60,000 | $225,300 |
2020 | $4,164 | $265,300 | $55,000 | $210,300 |
2018 | $4,108 | $265,300 | $55,000 | $210,300 |
2017 | $4,250 | $265,300 | $55,000 | $210,300 |
2016 | $4,250 | $261,094 | $55,751 | $205,343 |
2015 | $4,175 | $261,094 | $55,751 | $205,343 |
2014 | $4,135 | $261,094 | $55,751 | $205,343 |
Source: Public Records
Map
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