NOT LISTED FOR SALE

325 Summit Ave Raleigh, NC 27603

Caraleigh Neighborhood

Estimated Value: $506,000 - $554,000

3 Beds
2 Baths
1,306 Sq Ft
$401/Sq Ft Est. Value

About This Home

This home is located at 325 Summit Ave, Raleigh, NC 27603 and is currently estimated at $523,776, approximately $401 per square foot. 325 Summit Ave is a home located in Wake County with nearby schools including Farmington Woods Elementary, Leroy Martin Magnet, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2014
Sold by
Merritt Daryl D and Mckay Michelle Patricia
Bought by
Mckay Michelle Patricia
Current Estimated Value
$508,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Outstanding Balance
$73,010
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$450,766

Purchase Details

Closed on
Jun 6, 2012
Sold by
Merritt Daryl D and Mckay Michelle Patricia
Bought by
Merritt Daryl D and Mckay Michelle Patricia

Purchase Details

Closed on
Mar 31, 2010
Sold by
Thomson Andrea E and Sumrell Matthew B
Bought by
Merritt Daryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mckay Michelle Patricia -- Chicago Title Insurance Co
Merritt Daryl D -- None Available
Merritt Daryl D $95,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mckay Michelle Patricia $106,200
Previous Owner Merritt Daryl D $95,000
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
2025 $4,738 $540,966 $350,000 $190,966
2024 $4,718 $540,966 $350,000 $190,966
2023 $2,700 $245,851 $120,000 $125,851
2022 $2,509 $245,851 $120,000 $125,851
2021 $2,412 $245,851 $120,000 $125,851
2020 $2,368 $245,851 $120,000 $125,851
2019 $1,250 $106,158 $48,000 $58,158
2018 $1,180 $106,158 $48,000 $58,158
2017 $1,124 $106,158 $48,000 $58,158
2016 $1,102 $106,158 $48,000 $58,158
2015 $1,088 $103,097 $42,000 $61,097
2014 $1,032 $103,097 $42,000 $61,097
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 Caraleigh

325 Summit Ave, Raleigh, NC

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.

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