NOT LISTED FOR SALE

7213 Olmstead Dr Unit C Burlington, NC 27215

Estimated Value: $217,000 - $237,000

3 Beds
2.5 Baths
1,534 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $81,720 $53 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,404/month

39 Days on Market

About This Home

As of February 2015

Must see townhome in Inglepark. Living room has a fireplace and bright light from the French doors. Warm kitchen and conveniently located laundry room on the 2nd level. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property & owner-occupant. SEE AGENT ONLY. EHO.

Last Agent to Sell the Property

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096 Listed on: 10/31/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 2008

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Laundry on upper level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Ingle Park Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0103723
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,552

Year Built

Built in 2008

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Ingle Park Gardens
  • Directions: I40 Exit 140. Go North on University towards Elon. Turn LEFT on US 70/Church St. Turn Left on Springwood Church Rd. Turn RIGHT on Olmstead. Unit is in 3rd Building on your LEFT. "C"
  • Above Grade Finished Sq Ft: 1534
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1534
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Soaking Tub
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1534
  • 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
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Forced Air, 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

Lot Info

  • Parcel #: 0103723
  • Zoning: CU-RM-12
  • TRIADMLS_DeedPage: 1470
  • TRIADMLS_DeedBook: 7564

Tax Info

  • Tax Annual Amount: 1552.5
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 29, 2015
Sold by
Secretary Of Hud
Bought by
Johnson Averya C and Pointer Solomon D
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
List Price
$85,500
Sold Price
$81,720
Premium/Discount to List
-$3,780
-4.42%
Current Estimated Value
$223,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,866
Avg. Annual Appreciation
9.85%
Original Mortgage
$65,376
Outstanding Balance
$50,294
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$173,292

Purchase Details

Closed on
Feb 11, 2014
Sold by
Wells Fargo Bank N A
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 30, 2013
Sold by
Gravatt Sabrina L
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
May 29, 2008
Sold by
D R Horton Inc
Bought by
Gravatt Sabrina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,728
Interest Rate
5.86%
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
Johnson Averya C -- None Available
Secretary Of Hud -- None Available
Wells Fargo Bank N A $72,000 None Available
Gravatt Sabrina L $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Averya C $65,376
Previous Owner Gravatt Sabrina L $96,728
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $81,720 -4.4% $53 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $85,500 -- $56 / 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 $1,578 $130,000 $24,000 $106,000
2024 $1,578 $130,000 $24,000 $106,000
2023 $1,578 $130,000 $24,000 $106,000
2022 $1,726 $130,000 $24,000 $106,000
2021 $1,386 $104,400 $20,000 $84,400
2020 $1,386 $104,400 $20,000 $84,400
2019 $1,386 $104,400 $0 $0
2018 $1,379 $104,400 $0 $0
2017 $1,379 $104,400 $0 $0
2016 $1,535 $115,000 $0 $0
2015 $1,541 $115,000 $0 $0
2014 $1,553 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 723265

Triad MLS

APN: 0103723