NOT LISTED FOR SALE

7206 Olmstead Dr Unit F Burlington, NC 27215

Estimated Value: $220,000 - $225,000

3 Beds
2.5 Baths
1,600 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $177,000 $111 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,303/month

6 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

HIGHEST AND BEST OFFERS BY 12 NOON ON WEDNESDAY, 2/2/22. This 2-story end unit townhome has been rented out for years. It is now vacant. It is located in a very desirable community in Burlington, NC. The HOA Fee is $115.80 per month. The seller is offering it AS IS ONLY. It has lots of potential and it won't last long!! Act now!!

Last Agent to Sell the Property

Shelia Siler

Your Friendly Real Estate Company License #119814 Listed on: 01/29/2022

Last Buyer's Agent

Caren Simon

Keller Williams Central License #281756

Keller Williams Central

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20' x 70'

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Ingle Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0103744
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,346

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 20' x 70'
  • Subdivision Name: Ingle Park
  • Directions: Take Hwy 85N to Hwy 61 TL and go past the truck stop to 1st street on right TR at ball park (on to Whitsett Park Rd.) then go to Springwood Church Rd TL to Omstead Dr. TL. Go to end of street on right.
  • Above Grade Finished Sq Ft: 1520
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • 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
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 115.8
  • Association: Yes

Lot Info

  • Parcel #: 0103744
  • Zoning: CU-RM12
  • TRIADMLS_PricePerAcre: 5666666.6667
  • TRIADMLS_DeedPage: 2953
  • TRIADMLS_DeedBook: 6782
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1346
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Mar 22, 2022
Sold by
Haile Taddele
Bought by
Flores Sara S
Seller's Agent
Shelia Siler
Your Friendly Real Estate Company
Buyer's Agent
Caren Simon
Keller Williams Central
Sold Price
$177,000
Current Estimated Value
$221,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,850
Avg. Annual Appreciation
6.49%
Original Mortgage
$159,300
Outstanding Balance
$149,234
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$72,616

Purchase Details

Closed on
Aug 28, 2007
Sold by
D R Horton Inc
Bought by
Taddele Haile S and Whitaker Raymond N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,364
Interest Rate
6.7%
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
Flores Sara S $177,000 Law Office Of Richard R Foust
Taddele Haile S $106,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Sara S $159,300
Previous Owner Taddele Haile S $104,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $177,000 -- $136 / 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 $1,565 $128,900 $24,000 $104,900
2024 $1,565 $123,100 $24,000 $99,100
2023 $1,565 $123,100 $24,000 $99,100
2022 $1,712 $128,900 $24,000 $104,900
2021 $1,346 $101,400 $20,000 $81,400
2020 $1,346 $101,400 $20,000 $81,400
2019 $1,346 $101,400 $0 $0
2018 $1,340 $101,400 $0 $0
2017 $1,346 $101,400 $0 $0
2016 $1,505 $112,700 $0 $0
2015 $1,510 $112,700 $0 $0
2014 $1,521 $112,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelia Siler

    Seller's Agent in 2022

    Shelia Siler

    Your Friendly Real Estate Company

    (336) 908-6922

    1 in this area

    36 Total Sales

    Shelia Siler
    Section Image
  • Caren Simon

    Buyer's Agent in 2022

    Caren Simon

    Keller Williams Central

    (336) 675-4377

    1 in this area

    23 Total Sales

    Caren Simon
    Section Image
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Map

Source: Triad MLS

MLS Number: 1057523

Triad MLS

APN: 0103744

North Carolina Guilford County Burlington 27215

7206 Olmstead Dr Unit F, Burlington, NC

This home is located at 7206 Olmstead Dr Unit F, Burlington, NC 27215 since 29 January 2022 and is currently estimated at $221,850, approximately $138 per square foot. This property was built in 2006. 7206 Olmstead Dr Unit F is a home located in Guilford County with nearby schools including Gibsonville Elementary School, Eastern Guilford Middle School, and Eastern Guilford High School.

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