NOT LISTED FOR SALE

581 Olsen Dr Elon, NC 27244

Estimated Value: $355,000 - $408,000

4 Beds
2 Baths
1,901 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2023

Last sale price $379,000 $199 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,242 / mo

23 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Porch
  • Cooling Available

About This Home

As of March 2023

This beautiful corner-lot home in Cable Square is in pristine condition and offers an array of exceptional features. The kitchen boasts under-cabinet lighting, providing a warm and inviting ambiance for cooking and entertaining. The ample storage space throughout the home is a true bonus, making organization and decluttering a breeze. The fourth bedroom has the added versatility of being used as a bonus room, complete with its own separate thermostat for ultimate comfort. The vaulted ceilings add to the overall grandeur of the space, making this home truly unforgettable. Come see for yourself and fall in love with this amazing property!

Last Agent to Sell the Property

Heather Morton Hill

EXP Realty LLC License #299833 Listed on: 02/02/2023

EXP Realty LLC

Last Buyer's Agent

Ashton Dixon

EXP REALTY OF PIEDMONT NC LLC License #325581

EXP REALTY OF PIEDMONT NC LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 68x133x71x133
  • Rectangular Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 172606

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

9,365 Sq Ft Lot

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 68x133x71x133
  • Directions: From I85/40, take Exit 140 (University Drive). Follow University Drive to Elon Ossipee Road and turn left. Turn left onto Olsen. Home is on the right.
  • Unit Levels: One and One Half
  • Year Built: 2018
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Other, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 9365.0
  • Parcel #: 172606
  • Zoning Description: Res

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Bought by
Current Estimated Value
$385,210

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 21, 2023
Sold by
Bought by
Seller's Agent
Heather Morton Hill
EXP Realty LLC
Buyer's Agent
Ashton Dixon
EXP REALTY OF PIEDMONT NC LLC
List Price
$385,000
Sold Price
$379,000
Premium/Discount to List
-$6,000
-1.56%
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$341,100
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.44%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$379,000 --
$227,000 Attorney
$84,000 Attorney
$84,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $341,100
Previous Owner $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $379,000 -1.6% $199 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $385,000 -- $203 / Sq Ft
Source: Alamance Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,778 $359,929 $50,000 $309,929
2024 $1,688 $359,929 $50,000 $309,929
2023 $2,801 $359,929 $50,000 $309,929
2022 $2,401 $219,403 $40,000 $179,403
2021 $2,423 $219,403 $40,000 $179,403
2020 $2,445 $219,403 $40,000 $179,403
2019 $2,452 $219,403 $40,000 $179,403
2018 $0 $40,000 $40,000 $0
2017 $231 $40,000 $40,000 $0
2016 $340 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Morton Hill

    Seller's Agent in 2023

    Heather Morton Hill

    EXP Realty LLC

    (336) 213-8887

    168 Total Sales

    Heather Morton Hill
    Section Image

  • A

    Buyer's Agent in 2023

    Ashton Dixon

    EXP REALTY OF PIEDMONT NC LLC

    (336) 684-0277

    78 Total Sales

    Ashton Dixon
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 126622

APN: 172606

North Carolina Alamance County Elon 27244

581 Olsen Dr, Elon, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed to be reliable, but is not guaranteed.
Copyright 2026 Burlington Alamance County Association of Realtors. All rights reserved.

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