NOT LISTED FOR SALE

437 Olsen Dr Elon, NC 27244

Estimated Value: $413,000 - $501,000

3 Beds
3 Baths
2,900 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $385,500 $133 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,717/month

Highlights

  • Wood Flooring
  • Built-In Features
  • Outdoor Gas Grill
  • 2 Car Attached Garage
  • Kitchen Island
  • Garden

About This Home

As of August 2021

Charming and spacious townhome with high-end, decorator finishes, custom built by Mark & Todd Schultz with Stone Gables. Sunny open floor plan with ultra-high ceilings and an old world feel. Built-ins in the living room flank the gas fireplace with custom hand carved mantle. Marvelous chef’s kitchen with premium granite countertops. Spacious dining room with custom ceiling beams. Trey ceiling in en-suite primary bedroom. Large upstairs bonus room with a full bath can be used as an office or extra guest room. Sun room easily converts to a screened-in porch. Convenient location, minutes from Elon University, shopping and the Interstate. HOA provides a care-free lifestyle, taking care of your yard and exterior maintenance!

Last Agent to Sell the Property

Beth Glidewell

Keller Williams Central License #280235 Listed on: 06/11/2021

Keller Williams Central

Last Buyer's Agent

Alex & Victoria Headen

Real Broker LLC License #282777

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 2009

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66 x 57 x 64 x 57
  • Sprinkler System
  • Garden

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,754 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Walk-In Attic

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Gas Grill

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Cable Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170092
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,897

Year Built

Built in 2009

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 66 x 57 x 64 x 57
  • Subdivision Name: Cable Square
  • Directions: From Church St. go north on Williamson Ave. Cross Highway 100, and take a slight left on Elon Ossipee Rd. Then left on Stone Cable Drive, right on Olsen Drive.
  • Above Grade Finished Sq Ft: 2754
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2009
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Separate Shower
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2754
  • Main Level Bathrooms: 3
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden, Gas Grill, Sprinkler System
  • Pool Features: None
  • Exclusions: Stained Glass Hanging In Living Room Front Window. Large Mirror On Wall In Hall.
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Elon
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 170092
  • Zoning: Residential
  • TRIADMLS_PlatPage: 111
  • TRIADMLS_PlatBook: 73
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2897
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 4, 2021
Sold by
Kirby Charles Michael and Kirby Maria Morton
Bought by
Springer Robert and Springer Rebecca F
Seller's Agent
Beth Glidewell
Keller Williams Central
Buyer's Agent
Alex & Victoria Headen
Real Broker LLC
List Price
$375,000
Sold Price
$385,500
Premium/Discount to List
$10,500
2.8%
Current Estimated Value
$446,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,631
Avg. Annual Appreciation
3.40%
Original Mortgage
$360,000
Outstanding Balance
$327,352
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,780

Purchase Details

Closed on
May 11, 2009
Sold by
Mid Altantic Town Homes L
Bought by
Kirby Charles Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Springer Robert $185,500 None Available
Kirby Charles Michael $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springer Robert $360,000
Previous Owner Kirby Charles Michael $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $385,500 +2.8% $161 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $375,000 -- $156 / Sq Ft
Source: Triad MLS

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
2025 $2,089 $422,885 $35,000 $387,885
2024 $1,983 $422,885 $35,000 $387,885
2023 $3,290 $422,885 $35,000 $387,885
2022 $3,199 $292,250 $20,000 $272,250
2021 $2,857 $258,670 $20,000 $238,670
2020 $2,883 $258,670 $20,000 $238,670
2019 $2,891 $258,670 $20,000 $238,670
2018 $0 $258,670 $20,000 $238,670
2017 $2,664 $258,670 $20,000 $238,670
2016 $2,920 $292,017 $15,000 $277,017
2015 $1,685 $292,017 $15,000 $277,017
2014 -- $292,017 $15,000 $277,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1028270

Triad MLS

APN: 170092