NOT LISTED FOR SALE

7206 Olmstead Dr Unit D Burlington, NC 27215

Estimated Value: $203,000 - $224,000

3 Beds
2.5 Baths
1,520 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $70,750 $47 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,366/month

38 Days on Market

About This Home

As of July 2014

Conveniently located near Whitsett Park and major roads this townhome in Ingle Park has much to offer. Eat in kitchen with a bar and access to the patio. Great space with 3 bedrooms, 2.1 baths.

Co-Listed By

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Ingle Park Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0103746
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,492

Year Built

Built in 2006

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: GDAD01
  • Co List Office Phone: 336-547-0298
  • Subdivision Name: Ingle Park Gardens
  • Directions: I85 North, exit onto NC Hwy 61, L on 61 R Whitsett Park, L Springwood Church Rd, L Olmstead
  • Above Grade Finished Sq Ft: 1520
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1520
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Disposal, Gas Water Heater
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1520
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Gibsonville
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0103746
  • Zoning: CU-RM-12
  • TRIADMLS_DeedPage: 338
  • TRIADMLS_DeedBook: 7588

Tax Info

  • Tax Annual Amount: 1491.75
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Weatherly Richard H and Weatherly Mary S
Bought by
Leahy Mary Margaret and Leahy Charles Harris
Current Estimated Value
$217,268

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 11, 2014
Sold by
Alamance Investments Llc
Bought by
Weatherly Richard H and Weatherly Mary S
List Price
$76,000
Sold Price
$70,750
Premium/Discount to List
-$5,250
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 2, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Alamance Investments Llc
List Price
$76,000
Sold Price
$70,750
Premium/Discount to List
-$5,250
-6.91%

Purchase Details

Closed on
Apr 28, 2014
Sold by
Planet Home Lending Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Apr 9, 2014
Sold by
Porter William
Bought by
Planet Home Lending Llc and Green Planet Servicing Llc

Purchase Details

Closed on
Dec 28, 2007
Sold by
D R Horton Inc
Bought by
Porter William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,418
Interest Rate
6.21%
Mortgage Type
VA
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
Leahy Mary Margaret $210,000 None Listed On Document
Weatherly Richard H -- None Available
Alamance Investments Llc $70,750 None Available
Secretary Of Veterans Affairs -- None Available
Planet Home Lending Llc $74,419 None Available
Porter William $101,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter William $103,418
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $70,750 -6.9% $47 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $76,000 -- $50 / 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 $1,535 $126,400 $24,000 $102,400
2024 $1,535 $126,400 $24,000 $102,400
2023 $1,535 $126,400 $24,000 $102,400
2022 $1,678 $126,400 $24,000 $102,400
2021 $1,321 $99,500 $20,000 $79,500
2020 $1,321 $99,500 $20,000 $79,500
2019 $1,321 $99,500 $0 $0
2018 $1,315 $99,500 $0 $0
2017 $1,321 $99,500 $0 $0
2016 $1,475 $110,500 $0 $0
2015 $1,481 $110,500 $0 $0
2014 $1,492 $110,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 706150

Triad MLS

APN: 0103746