NOT LISTED FOR SALE

344 Summit Ave Raleigh, NC 27603

Caraleigh Neighborhood

Estimated Value: $435,000 - $544,000

2 Beds
1 Bath
1,082 Sq Ft
$457/Sq Ft Est. Value

About This Home

This home is located at 344 Summit Ave, Raleigh, NC 27603 and is currently estimated at $494,184, approximately $456 per square foot. 344 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
Feb 10, 2022
Sold by
Gay Jr Marvin E and Gay Cynthia W
Bought by
Shack Holdings Llc
Current Estimated Value
$490,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$339,868
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Peifer Richard James and Runyon Anne Marshall
Bought by
Gay Marvin E and Gay Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,670
Interest Rate
8.23%
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Buyer Sale Price Title Company
Shack Holdings Llc $475,000 None Listed On Document
Gay Marvin E $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shack Holdings Llc $356,250
Previous Owner Gay Marvin E $52,900
Previous Owner Gay Marvin E $50,670
Source: Public Records

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
2024 $4,504 $516,247 $385,000 $131,247
2023 $1,777 $161,148 $120,000 $41,148
2022 $1,652 $161,148 $120,000 $41,148
2021 $1,588 $161,148 $120,000 $41,148
2020 $1,559 $161,148 $120,000 $41,148
2019 $1,062 $89,877 $48,000 $41,877
2018 $1,002 $89,877 $48,000 $41,877
2017 $955 $89,877 $48,000 $41,877
2016 $936 $89,877 $48,000 $41,877
2015 $749 $70,420 $42,000 $28,420
2014 $711 $70,420 $42,000 $28,420
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 Caraleigh

344 Summit Ave, Raleigh, NC

This home is located at 344 Summit Ave, Raleigh, NC 27603 and is currently estimated at $494,184, approximately $456 per square foot. 344 Summit Ave is a home located in Wake County with nearby schools including Farmington Woods Elementary, Leroy Martin Magnet, and Broughton Magnet High School.

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