NOT LISTED FOR SALE

7202 Olmstead Dr Unit B Burlington, NC 27215

Estimated Value: $220,763 - $226,000

3 Beds
2.5 Baths
1,520 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $120,000 $79 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,412/month

3 Days on Market

Highlights

  • Attic
  • Fenced Yard
  • Patio
  • 1 Fireplace
  • Cooling Available
  • Landscaped

About This Home

As of August 2018

Beautifully Renovated 2-Story Townhome W/ 3 Brs & 2.5 Baths Bordering Springwood Park. New Laminate Hws On Both Levels, New Neutral Paint, New Appls, & Updated Fixtures. Foyer Opens To Dining Room & Kitchen W/ Raised Bar Seating, Ss Appls & Pantry. Family On Rear W/ Gas Log Fp & Half Bath. 2Nd Level Offers 3 Brs Including A Private Master W/ In-Suite Bath & Wi Closet. Fenced Rear Patio Area W/ Exterior Storage Closet & Gate To Park!

Last Agent to Sell the Property

SANDY SPARKS

Keller Williams Central License #264972 Listed on: 07/26/2018

Keller Williams Central

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,564

Year Built

  • 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 8834758093

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,564

Year Built

2006

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 1307
  • Directions: I85/40 To Exit 138; North On Hwy 61; Right On Whitsett Park Rd; Left On Springwood Church Rd; Left On Olmstead Drive; Home At End
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Other
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic, Other, Pantry, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 1307.0
  • Parcel #: 8834758093
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Kak Khar Family Trust
Bought by
Patel Neha Y
Current Estimated Value
$222,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Outstanding Balance
$85,665
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$137,026

Purchase Details

Listed on
Jul 26, 2018
Closed on
Aug 21, 2018
Sold by
Smith Evan T and Quinlivan Smith Michelle C
Bought by
Kak Khar Family Trust
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jul 16, 2007
Sold by
D R Horton Inc
Bought by
Smith Evan T and Quinlivan Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,982
Interest Rate
6.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Patel Neha Y $122,000 None Available
Kak Khar Family Trust $120,000 None Available
Smith Evan T $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neha Y $97,600
Previous Owner Smith Evan T $109,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $120,000 0.0% $79 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $120,000 -- $79 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,564 $128,800 $24,000 $104,800
2024 $1,564 $128,800 $24,000 $104,800
2023 $1,564 $128,800 $24,000 $104,800
2022 $1,710 $128,800 $24,000 $104,800
2021 $1,350 $101,700 $20,000 $81,700
2020 $1,350 $101,700 $20,000 $81,700
2019 $1,350 $101,700 $0 $0
2018 $1,344 $101,700 $0 $0
2017 $1,350 $101,700 $0 $0
2016 $1,509 $113,000 $0 $0
2015 $1,514 $113,000 $0 $0
2014 $1,526 $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 100587

APN: 0103742