NOT LISTED FOR SALE

7214 Olmstead Dr Unit E Burlington, NC 27215

Estimated Value: $220,000 - $238,000

3 Beds
2.5 Baths
1,600 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $213,500 $133 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,467/month

11 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet
  • Ceiling Fan

About This Home

As of December 2022

Great location....between Greensboro and Burlington!!! Charming 3 Bedroom/2.5 bath Townhome nestled in a quiet community conveniently located between Greensboro and Burlington with easy access to major highways. Lots of nearby shopping centers and medical facilities. The beautiful Burlington Springwood Park is located within walking distance to this community.Stainless Steel Refrigerator stays! Seller providing a 1-year home warranty (up to $500) with an acceptable offer. Home shows very well and has reasonable HOA dues. Move-in ready!!!

Last Agent to Sell the Property

Evelyn Hobbs

AMERICA'S 1ST Realty License #153717 Listed on: 10/01/2022

Last Buyer's Agent

Carolyn Nelson

Let's Move Realty License #282822

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 2006

Lot Details

  • 1,307

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,516 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • 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

  • Tax Lot 48
  • Assessor Parcel Number 0103757
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,350

Year Built

Built in 2006

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 0.00
  • Subdivision Name: Ingle Park Gardens
  • Directions: I-85 toward Burlington, Take Exit 138, at the end of the ramp turn on NC-61 North toward Gibsonville, Go approx 1/2 mile then Turn Right on Whitsett Park Rd, Turn Left on Springwood Church Rd, Turn Left on Omstead Dr., Townhome Unit #E is on the right.
  • Above Grade Finished Sq Ft: 1516
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1516
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 135
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0103757
  • Zoning: CU-RM-12
  • TRIADMLS_PlatPage: 143
  • TRIADMLS_DeedPage: 35
  • TRIADMLS_DeedBook: 8201
  • TRIADMLS_PlatBook: 161
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1350
  • Tax Lot: 48
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Dec 20, 2022
Sold by
Newton Mark and Newton Erika
Bought by
Miller Nicole Patrice
Seller's Agent
Evelyn Hobbs
AMERICA'S 1ST Realty
Buyer's Agent
Carolyn Nelson
Let's Move Realty
List Price
$228,000
Sold Price
$213,500
Premium/Discount to List
-$14,500
-6.36%
Views
142
Current Estimated Value
$227,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,742
Avg. Annual Appreciation
2.22%
Original Mortgage
$209,632
Outstanding Balance
$199,114
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$28,128

Purchase Details

Listed on
Aug 18, 2019
Closed on
Sep 30, 2019
Sold by
Bennett Jonathon R and Bennett Lisa G
Bought by
Newton Mark
Seller's Agent
B. Scott Hines
4085 Realty, Inc.
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%
Original Mortgage
$121,153
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2017
Sold by
Bryant Harold C and Bryant Erika C
Bought by
Bennett Jonathan R and Bennett Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2006
Sold by
D R Horton Inc
Bought by
Bryant Harold C and Cook Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,720
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Miller Nicole Patrice $213,500 --
Newton Mark $125,000 None Available
Bennett Jonathan R $100,000 None Available
Bryant Harold C $123,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Nicole Patrice $209,632
Previous Owner Newton Mark $121,153
Previous Owner Bennett Jonathan R $100,000
Previous Owner Bryant Harold C $98,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2022 12/20/22 Sold $213,500 -5.1% $164 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/08/2022 10/08/22 Price Changed $224,900 -1.4% $173 / Sq Ft
10/01/2022 10/01/22 For Sale $228,000 +82.5% $175 / Sq Ft
09/30/2019 09/30/19 Sold $124,900 0.0% $82 / Sq Ft View Prior Sale
08/25/2019 08/25/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $124,900 -- $82 / 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 $1,564 $128,800 $24,000 $104,800
2024 $1,564 $123,000 $24,000 $99,000
2023 $1,564 $123,000 $24,000 $99,000
2022 $1,710 $128,800 $24,000 $104,800
2021 $1,350 $101,700 $20,000 $81,700
2020 $1,350 $101,700 $20,000 $81,700
2019 $1,350 $101,700 $0 $0
2018 $1,344 $101,700 $0 $0
2017 $1,350 $101,700 $0 $0
2016 $1,509 $113,000 $0 $0
2015 $1,514 $113,000 $0 $0
2014 $1,526 $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1085267

Triad MLS

APN: 0103757