NOT LISTED FOR SALE

7209 Olmstead Dr Unit D Burlington, NC 27215

Estimated Value: $203,000 - $225,000

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

Last Sold November 01, 2021

Last sale price $175,000 $115 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,391/month

4 Days on Market

Highlights

  • Attic
  • Cooling Available
  • Rectangular Lot
  • Fenced Yard
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2021

You'll love this open-concept townhouse with fresh paint throughout and new carpet upstairs! This adorable townhouse is located in the corner next to woods and right beside springwood park in Burlington, Make an offer before it's gone!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 19x72x20x72
  • Fenced Yard
  • Rectangular Lot
  • Zoning described as CU-RM-12

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0103729

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

2006

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 19x72x20x72
  • Directions: Take Whitsett Park Rd to Olmstead Dr in Burlington. Turn left onto NC-61 N. Turn right onto Whitsett Park Rd. Turn left onto Springwood Church Rd. Turn left onto Olmstead Dr. Turn left to stay on Olmstead Dr, home will be on the left.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rectangular Lot
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 1307.0
  • Parcel #: 0103729
  • Zoning Description: CU-RM-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 27, 2021
Sold by
Kobito Kimberly A and Kobito Bobby J
Bought by
Perrappadan Joby Jose and Poulose Prabha Mol
List Price
$160,000
Sold Price
$175,000
Premium/Discount to List
$15,000
9.38%
Current Estimated Value
$216,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,821
Avg. Annual Appreciation
5.56%
Original Mortgage
$131,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 5, 2021
Sold by
Perrappadan Joby Jose and Prabha Mol
Bought by
Mynest Homes Llc
List Price
$160,000
Sold Price
$175,000
Premium/Discount to List
$15,000
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
D R Horton Inc
Bought by
Kobito Kimberly A and Kobito Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,048
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
Perrappadan Joby Jose $175,000 None Available
Mynest Homes Llc -- --
Mynest Homes Llc -- None Listed On Document
Kobito Kimberly A $114,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrappadan Joby Jose $131,250
Previous Owner Kobito Kimberly A $113,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Off Market $175,000 -- --
11/01/2021 11/01/21 Sold $175,000 +9.4% $115 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $160,000 -- $105 / 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 $1,565 $128,900 $24,000 $104,900
2024 $1,565 $128,900 $24,000 $104,900
2023 $1,565 $128,900 $24,000 $104,900
2022 $1,712 $128,900 $24,000 $104,900
2021 $749 $101,400 $20,000 $81,400
2020 $749 $101,400 $20,000 $81,400
2019 $749 $101,400 $0 $0
2018 $745 $101,400 $0 $0
2017 $745 $101,400 $0 $0
2016 $904 $112,700 $0 $0
2015 $907 $112,700 $0 $0
2014 $914 $112,700 $0 $0
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 119813

APN: 0103729