NOT LISTED FOR SALE

7213 Olmstead Dr Unit E Burlington, NC 27215

Estimated Value: $218,450 - $234,000

3 Beds
2.5 Baths
1,700 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $64,000 $38 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,321/month

55 Days on Market

About This Home

As of December 2015

Conveniently located end unit town home has amenities sure to please. Living room with fireplace is open to the kitchen, and dining room. Master suite with walk in closet and bathroom with garden tub and dual vanities. 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: 09/09/2015

Last Buyer's Agent

Glenn Evans

TRIAD HOMES REALTY, INC. License #218686

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 2008

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,598 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

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 0103725
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,569

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Ingle Park
  • Directions: East on Wendover/ US 70, R Springwood Church Rd, R Olmstead
  • Above Grade Finished Sq Ft: 1598
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1598
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

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: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0103725
  • Zoning: CU RM 12
  • TRIADMLS_PricePerAcre: 2520000
  • TRIADMLS_DeedPage: 2494
  • TRIADMLS_DeedBook: 7732
  • TRIADMLS_PlatBook: 161-143
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1569
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 29, 2015
Sold by
Wadhwani Rajesh and Wadhwani Mala
Bought by
One North Properties Llc
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Glenn Evans
TRIAD HOMES REALTY, INC.
List Price
$84,000
Sold Price
$64,000
Premium/Discount to List
-$20,000
-23.81%
Current Estimated Value
$224,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,613
Avg. Annual Appreciation
13.61%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 17, 2015
Sold by
The Secretary Of Hud
Bought by
One North Properties Llc
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Glenn Evans
TRIAD HOMES REALTY, INC.
List Price
$84,000
Sold Price
$64,000
Premium/Discount to List
-$20,000
-23.81%

Purchase Details

Closed on
Oct 28, 2014
Sold by
Stephens Rayna S
Bought by
The Secretary Of Hud

Purchase Details

Closed on
May 28, 2008
Sold by
D R Horton Inc
Bought by
Stephens Rayna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,379
Interest Rate
5.86%
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
One North Properties Llc -- Attorney
One North Properties Llc -- Attorney
The Secretary Of Hud $133,826 Attorney
Stephens Rayna S $118,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephens Rayna S $117,379
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $64,000 -23.8% $46 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $84,000 -- $60 / 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 $1,594 $131,300 $24,000 $107,300
2024 $1,594 $131,300 $24,000 $107,300
2023 $1,594 $131,300 $24,000 $107,300
2022 $1,743 $131,300 $24,000 $107,300
2021 $1,401 $105,500 $20,000 $85,500
2020 $1,401 $105,500 $20,000 $85,500
2019 $1,401 $105,500 $0 $0
2018 $1,394 $105,500 $0 $0
2017 $1,401 $105,500 $0 $0
2016 $1,551 $116,200 $0 $0
2015 $1,557 $116,200 $0 $0
2014 $1,569 $116,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 771439

Triad MLS

APN: 0103725