NOT LISTED FOR SALE

501 Olmsted Park Place Unit E Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $457,590 - $465,000

2 Beds
2 Baths
1,197 Sq Ft
$205/mo HOA Fee

Last Sold March 13, 2017

Last sale price $275,000 $230 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,867/month

3 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Wood Flooring
  • Dilworth Elementary School: Latta Campus Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2017

Incredible 3rd floor condo in one of Dilworth’s most sought after communities!End unit.Featuring abundance of natural light.Open living room w/wood burning fp & soaring ceiling.Kitchen complete w/gorgeous granite,adorning lighting&updated appliances.Beautiful new tile floor in BA.Main floor BR complete w/new carpet,walk in closet w/ additional storage room.Upstairs master bedroom is phenomenal!Spacious ,built-ins,new hardwoods,elegant glass panel barn doors lead to walk in closet.Pool&Clubhouse.

Last Agent to Sell the Property

William Bartle

Indigo Residential Management License #202852 Listed on: 02/09/2017

Last Buyer's Agent

Jack Marinelli

Helen Adams Realty License #246100

Helen Adams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 1.86

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Storage Room

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 121-073-47

Community Details

Overview

  • Meca Realty Association, Phone Number (704) 971-6506

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 229.74
  • Unit Floor Level: 3
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Upper Level Sq Ft: 399
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Dryer, Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • H O A Management Phone: 704-971-6506
  • Interior Amenities: Built-Ins, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 798
  • Total Sq Ft: 1197
  • Sq Ft Unheated Main: 82
  • Sq Ft Unheated Total: 82

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 205.00
  • Association Fee Frequency: Monthly
  • Complex Name: Olmsted Park at Dilworth
  • HOA Management Company: MECA Realty
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 121-073-47
  • Zoning Specification: UR3CD

Tax Info

  • Tax Value: 177000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 13, 2017
Sold by
Morton Christine E
Bought by
Linner Frank R and Linner Dana
Seller's Agent
William Bartle
Indigo Residential Management
Buyer's Agent
Jack Marinelli
Helen Adams Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$460,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,898
Avg. Annual Appreciation
6.17%
Original Mortgage
$247,500
Outstanding Balance
$205,354
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$255,544

Purchase Details

Closed on
May 17, 2007
Sold by
Olmsted Park Development Llc
Bought by
Morton Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Linner Frank R $275,000 None Available
Morton Christine E $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linner Frank R $247,500
Previous Owner Morton Christine E $206,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2017 03/13/17 Sold $275,000 0.0% $230 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $275,000 -- $230 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $381,131 -- $381,131
2024 -- $381,131 -- $381,131
2023 $2,935 $381,131 $0 $381,131
2022 $2,674 $264,100 $0 $264,100
2021 $2,549 $264,100 $0 $264,100
2020 $2,656 $264,100 $0 $264,100
2019 $2,640 $264,100 $0 $264,100
2018 $2,396 $177,000 $49,000 $128,000
2017 $2,354 $177,000 $49,000 $128,000
2016 $2,345 $177,000 $49,000 $128,000
2015 $2,333 $177,000 $49,000 $128,000
2014 $2,312 $177,000 $49,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3249220

Canopy MLS (Canopy Realtor® Association)

APN: 121-073-47