NOT LISTED FOR SALE

7206 Olmstead Dr Unit C Burlington, NC 27215

Estimated Value: $219,000 - $225,000

3 Beds
2.5 Baths
1,700 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $141,000 $83 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,420/month

4 Days on Market

About This Home

As of December 2020

Move In Ready 3 Bedroom, 2 1/2 Bath Townhome!! Beautiful new flooring on main; spacious Living Room with fireplace; private back patio. Come And Get It!! All Offers Due by Noon 12/7/20

Last Agent to Sell the Property

Alex & Victoria Headen

Real Broker LLC License #282777 Listed on: 12/02/2020

Real Broker LLC

Last Buyer's Agent

NONMEMBER NONMEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $755

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20 x 71 x 20 x 71

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,528 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Ingle Park Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8834850111
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$755

Year Built

Built in 2006

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 20 x 71 x 20 x 71
  • Subdivision Name: Ingle Park Gardens
  • Directions: NC HWY 70, turn onto Springwood Church Rd, turn right onto Olmstead Dr (Ingle Park Gardens)
  • Above Grade Finished Sq Ft: 1528
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1528
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 8834850111
  • Zoning: residential
  • TRIADMLS_PricePerAcre: 4496666.6667
  • TRIADMLS_PlatPage: 143
  • TRIADMLS_DeedPage: 02792
  • TRIADMLS_DeedBook: 007958
  • TRIADMLS_PlatBook: 161
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 755
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.7305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 21, 2020
Sold by
Equity Trust Company
Bought by
Beasley Alan D
Seller's Agent
Alex & Victoria Headen
Real Broker LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$134,900
Sold Price
$141,000
Premium/Discount to List
$6,100
4.52%
Current Estimated Value
$221,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,827
Avg. Annual Appreciation
9.88%

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 28, 2017
Sold by
Pait Tommi Alyse and Pait Sapp Tommi Alyse
Bought by
Equity Trust Company Custodian
Seller's Agent
Lori Gray
Coldwell Banker Triad Realtors
List Price
$105,500
Sold Price
$103,950
Premium/Discount to List
-$1,550
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
May 7, 2009
Sold by
Pait Tommi A and Myers James C
Bought by
Pait Tommi Alyse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 25, 2007
Sold by
D R Horton Inc
Bought by
Pait Tommi A and Myers James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,644
Interest Rate
6.65%
Mortgage Type
FHA
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
Beasley Alan D $141,000 None Available
Equity Trust Company Custodian $104,000 None Available
Pait Tommi Alyse -- None Available
Pait Tommi A $107,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pait Tommi Alyse $108,000
Previous Owner Pait Tommi A $105,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $141,000 +4.5% $108 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $134,900 +29.8% $104 / Sq Ft
07/28/2017 07/28/17 Sold $103,950 -1.5% $67 / Sq Ft View Prior Sale
06/28/2017 06/28/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $105,500 -- $68 / 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 $1,589 $130,900 $24,000 $106,900
2024 $1,589 $130,900 $24,000 $106,900
2023 $1,589 $130,900 $24,000 $106,900
2022 $1,738 $130,900 $24,000 $106,900
2021 $1,372 $103,300 $20,000 $83,300
2020 $1,372 $103,300 $20,000 $83,300
2019 $1,372 $103,300 $0 $0
2018 $1,365 $103,300 $0 $0
2017 $1,365 $103,300 $0 $0
2016 $1,534 $114,900 $0 $0
2015 $1,540 $114,900 $0 $0
2014 $1,551 $114,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 005060

Triad MLS

APN: 0103747