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Single Family ResidenceResidential
Last sold for $935,500 on Dec 14, 2023

118 SUMMIT AVE

RALEIGH, NC 27603
3.5
Baths
2,977 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$935,500 · Dec 14, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,248 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$943,427 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$350,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$593,427
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$943,427

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWAKE
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 27603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.62,816
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,202 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,402
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,306
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 Summit Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 96% of homes in Southwest Raleigh
  • Has a smaller lot than 76% of homes in Raleigh 27603
  • Among the newest homes in Southwest Raleigh

How it measures up in Raleigh 27603

The dot is this home. The mark in the middle is the typical home in Raleigh 27603.

Living area2,977 ft²
SmallerTypical 1,804 ft²Bigger

Bigger than 88% of homes nearby

Lot size0.17 ac
SmallerTypical 0.49 acBigger

Bigger than 24% of homes nearby

Year built2023
OlderTypical 2000Newer

Newer than 95% of homes nearby

How 118 Summit Ave ranks against every home in each area.
MeasureThis homeSouthwest RaleighRaleigh 27603Wake County
Living areabigger than2,977 ft²96% of homes88% of homes79% of homes
Lot sizebigger than0.17 ac48% of homes24% of homes32% of homes
Year builtnewer than2023almost all homes95% of homes96% of homes

About 118 Summit Ave

When did 118 Summit Ave, Raleigh, NC last sell?

118 Summit Ave, Raleigh, NC last sold on Dec 14, 2023 for $935,500, according to the county's recorded deed.

How big is 118 Summit Ave, Raleigh, NC?

118 Summit Ave, Raleigh, NC has 3.5 bathrooms, 2,977 square feet of living space and a 0.17-acre lot.

When was 118 Summit Ave, Raleigh, NC built?

118 Summit Ave, Raleigh, NC was built in 2023, making it 3 years old. It is a conventional home. The building has 2 stories.

How does 118 Summit Ave, Raleigh, NC compare to other homes in Raleigh 27603?

Among the 18,308 homes in Raleigh 27603, it is bigger than 88% of them (2,977 ft² against a typical 1,804 ft²), its lot is bigger than 24% of them (0.17 ac against a typical 0.49 ac) and it is newer than 95% of them (2023 against a typical 2000). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 Summit Ave, Raleigh, NC?

The 2025 property tax bill for 118 Summit Ave, Raleigh, NC was $8,248. The county assessed it at $943,427.

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