503 Summit St is a 1,376 square foot house on a 0.5 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Madison data, we estimate the home's value is $239,020.
Single-familyProperty Type
2001Year Built
0.5 acresLot Size
$174Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$239,020
$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 7.4% higher than the average sale price ($223K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,414
$8,800 + $179,763
$188,563
2024
$2,414 (+56.6%)
$8,800 + $179,763
$188,563
2023
$1,542
$8,800 + $179,763
$188,563
2022
$1,542
$8,000 + $100,183
$108,183
2021
$1,542
$8,000 + $100,183
$108,183
2020
$1,542
$8,000 + $100,183
$108,183
2019
$1,542 (+3.8%)
$8,000 + $100,183
$108,183
2018
$1,485 (+0.3%)
$8,000 + $100,183
$108,183
2017
$1,480 (+3.8%)
$15,000 + $88,797
$103,797
2016
$1,426
$15,000 + $88,797
$103,797
2015
$1,426 (+1.0%)
$15,000 + $85,023
$100,023
2014
$1,412
$15,000 + $85,023
$100,023
Tax history for 503 Summit St
Year
Property tax
Land + Additions
Assessment*
2025
$2,414
$8,800 + $179,763
$188,563
2024
$2,414 (+56.6%)
$8,800 + $179,763
$188,563
2023
$1,542
$8,800 + $179,763
$188,563
2022
$1,542
$8,000 + $100,183
$108,183
2021
$1,542
$8,000 + $100,183
$108,183
2020
$1,542
$8,000 + $100,183
$108,183
2019
$1,542 (+3.8%)
$8,000 + $100,183
$108,183
2018
$1,485 (+0.3%)
$8,000 + $100,183
$108,183
2017
$1,480 (+3.8%)
$15,000 + $88,797
$103,797
2016
$1,426
$15,000 + $88,797
$103,797
2015
$1,426 (+1.0%)
$15,000 + $85,023
$100,023
2014
$1,412
$15,000 + $85,023
$100,023
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R8
Medium High-Density Residential District
This district is established for high density residential development with some public, semi-public activities and limited commercial development that is compatible with high density residential areas. All lots shall be served by public water and sewer.
Property details
Interior
Heating & Cooling
Heating Type: Heat Pump
Exterior
Exterior Information
Floor Construction Type: Wood
Building Construction Quality: Below Average
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: TCP CONSTRUCTIONS INC
Living Sq. Ft: 1,376
Ground Floor Sq. Ft: 1,376
Building Sq. Ft: 1,376
Legal Description: .50 AC LOT 1 SUMMIT ST
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,780
Legal Lot Number: 1
Municipality Name: MADISON
Acres: 0.5
Zoning Code: R8MD
County Use Description: SINGLE FAMILY RES
Financial
Assessor Information
Assessment Year: 2026
Tax District County: MADISON
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,376
Stories: —
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2011
County: Rockingham County
APN: 117163
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Stoneville Elementary
Public PreK-5 • Assigned • 7.0mi
7/10
Western Rockingham Middle
Public PreK-8 • Assigned • 1.5mi
8/10
Dalton Mcmichael High
Public 9-12 • Assigned • 3.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Madison, NC • 27025
Average low and high temperatures (°F)
46
26
53
33
70
43
76
51
77
55
87
65
89
70
80
65
80
59
71
48
64
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$228,000 – $275,000
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