NOT LISTED FOR SALE

7209 Olmstead Dr Unit B Burlington, NC 27215

Estimated Value: $219,951 - $226,000

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

Last Sold July 14, 2020

Last sale price $132,000 $82 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,418/month

2 Days on Market

About This Home

As of July 2020

Beautifully maintained, 3 bedroom 2.5 bath townhome in popular Ingle Park conveniently located minutes from Elon. HOA takes care of all exterior maintenance, private patio, beautiful fenced in lot, walk to springwood Park, convenient to Burlington, Greensboro dining and shopping. 2 assigned parking spots with visitor parking right across from the building.

Last Agent to Sell the Property

Kendra Ridge

Tyler Redhead & McAlister Real Estate, LLC License #293000 Listed on: 06/14/2020

Last Buyer's Agent

Darshan Ivie

Keller Williams Central License #304113

Keller Williams Central

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Ingle Park Gardens Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 0103727
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,325

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
  • Subdivision Name: Ingle Park Gardens
  • Directions: From 85S take the University Dr exit towards Elon. Turn left onto US-70 W/S Church St. Turn left onto Springwood Church Rd. Turn right onto Olmstead Dr. Destination on right
  • Above Grade Finished Sq Ft: 1480
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1480
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Exclusions: Washer And Dyer Do Not Convey
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 0103727
  • Zoning: CU-RM-12
  • TRIADMLS_PricePerAcre: 4333333.3333
  • TRIADMLS_PlatPage: 143
  • TRIADMLS_DeedPage: 01860
  • TRIADMLS_DeedBook: 007459
  • TRIADMLS_PlatBook: 161
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1325.15
  • Tax Lot: 18
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 14, 2020
Sold by
Smithey Joshua and Wallace Sallie
Bought by
Wallace Sallie
Seller's Agent
Kendra Ridge
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Darshan Ivie
Keller Williams Central
Sold Price
$132,000
Current Estimated Value
$222,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,238
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Smithey Montana and Smithey Joshua
Bought by
Smithey Montana and Smithey Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,594
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2009
Bought by
Smithey Montana

Purchase Details

Closed on
Jan 28, 2008
Sold by
D R Horton Inc
Bought by
Fairclough Montana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,617
Interest Rate
6.06%
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
Wallace Sallie $132,000 None Available
Smithey Montana -- None Available
Smithey Montana $108,500 --
Fairclough Montana L $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smithey Montana $98,594
Previous Owner Fairclough Montana L $106,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $132,000 -- $102 / 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 $1,541 $126,900 $24,000 $102,900
2024 $1,541 $126,900 $24,000 $102,900
2023 $1,541 $126,900 $24,000 $102,900
2022 $1,685 $126,900 $24,000 $102,900
2021 $1,325 $99,800 $20,000 $79,800
2020 $1,325 $99,800 $20,000 $79,800
2019 $1,325 $99,800 $0 $0
2018 $1,319 $99,800 $0 $0
2017 $1,319 $99,800 $0 $0
2016 $1,481 $110,900 $0 $0
2015 $1,486 $110,900 $0 $0
2014 $1,497 $110,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 981034

Triad MLS

APN: 0103727