See Home Value
Hillsborough 27278
2505 Summit Drive
$423,000
● House - Off Market

2505 Summit Drive

Hillsborough, NC 27278
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,937 Ft²
$2,551
Est. Monthly
$30
HOA / Fees

About This Property

Living at 2505 Summit Drive you will be minutes from historic downtown Hillsborough and its quaint restaurants, coffee shops, breweries, and community events. You will be near fun outdoor destinations such as Blackwood Farm Park and the Brumley Nature Preserve. And you will be just 14 minute from Duke University Hospital and 22 minutes from the UNC Hospitals.

Inside this beautiful DR Horton home you will find a two-story foyer; a well-appointed kitchen (with island, stainless steel appliances, quartz countertops, and subway tile backsplash); a fantastic family room (with a wood-burning fireplace, soaring ceilings, and abundant natural light); a dining room that can comfortably seat eight people; and a spacious laundry room (not just a closet) with washer and dryer included. Near the front door a reading room could function as a office. Upstairs you will find a large primary bedroom with sitting area, walk-in closet, and en-suite bathroom with garden tub and separate shower. Two additional bedrooms have their own walk-in closets and share a bathroom. Other highlights of the property include a fenced backyard, an HOA-owned wooded area (with trails) behind the fence, a two-car garage, a new water heater (2025), and a relatively-new roof (2021). It is a fantastic property in a great location. And at this price, it is an incredible bargain. Call today to arrange a private showing.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$219
Property Type
House
Property Taxes
$434
HOA Dues
$30
Year Built
2003

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Last updated: 4 months ago (TMLS #10160508)

Price History

Date / Event Date Event Price
Jul 1, 2026 Sold
Sold
May 26, 2026 In contract -
In contract
May 22, 2026 Price Decreased $425,000
↓ $4K (0.9%)
Price Decreased
May 14, 2026 Price Decreased $429,000
↓ $20K (4.5%)
Price Decreased
Apr 26, 2026 Price Decreased $449,000
↓ $16K (3.4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 412
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,948
  • Gross Building Area: 3,769
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 23 PH 1 GRANVIEW P89/140 AKA SUMMIT

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 010902

Zoning

  • Zoning: HI

Geography

  • Assessors Map Reference: 5794/446
  • District: 4
  • Subdivision Phase Number: 1
  • Parcel: 9873-56-2129
  • Municipality: HILLSBOROUGH
  • Latitude: 36.0474
  • Longitude: -79.0838

    Address

  • Full Address: 2505 Summit Dr
  • Address - House Number: 2505
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: R007
  • 4-Digit Zip Code: 6650
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,355
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: ORAG,HILL

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 434,945
  • High Value: 517,462
  • Low Value: 352,428

    Market Valuation

  • Market Total Value: $259,900
  • Market Land Value: $60,000
  • Market Improvement Value: $199,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,900
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $199,900

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30080419
  • Previous Sale Recording Date: Jul 28, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hillsborough


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 349 Papyrus Place, Hillsborough, NC, 27278

$2,600 /mo

  • 5 Beds
  • 3 Baths
  • 3,300 ft²
349 Papyrus Place, Hillsborough, NC, 27278 Listing by Kathrine Arsena
Unit for rent at 506 Aronia Drive, Hillsborough, NC, 27278

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,716 ft²
506 Aronia Drive, Hillsborough, NC, 27278 Listing by Chad Lloyd
Unit for rent at 2108 Summit Drive, Hillsborough, NC, 27278

$2,800 /mo

  • 4 Beds
  • 2 Baths
2108 Summit Drive, Hillsborough, NC, 27278 Listing by Bennett Robinson


Frequently Asked Questions

When was property at 2505 Summit Drive built and last sold?
The property at 2505 Summit Drive was built in 2003 and last sold on Oct 17, 2022 for $415,000.
How much is this home worth?
The estimated value of the home located at 2505 Summit Drive is $428,448.
What are some comparable homes to 2505 Summit Drive?
There are currently no comparable homes to 2505 Summit Drive.