NOT LISTED FOR SALE

7217 Olmstead Dr Unit C Burlington, NC 27215

Estimated Value: $222,000 - $252,000

3 Beds
2.5 Baths
1,700 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $223,000 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,500/month

5 Days on Market

Highlights

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

About This Home

As of October 2022

Location, Location, Location! Come view this conveniently located Three bedroom, two and a half bath townhome. Features include an open floor plan, In The kitchen you will find a spacious pantry, an island for cooking or gathering, access to patio for grilling or relaxing and of course all appliances to remain. The Main level has high ceilings, the half bath and living room with bay window flows into dining area. All Three bedrooms are located on the second level, the main bedroom is large with a walk in closet and bath has shower/garden tub combo. Washer and dryer area also located on second level! The HOA's are affordable and make life easy when it comes to regular maintenance around your home. Come take a tour today!

Last Agent to Sell the Property

Mackenzie Brown

Keller Williams Central License #251323 Listed on: 08/26/2022

Keller Williams Central

Last Buyer's Agent

Valerie Schell

Beausoleil Realty Group LLC License #335339

Beausoleil Realty Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 21 x 71 x 20 x 71

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,555 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dishwasher
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

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

Community Details

  • Ingle Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0103718
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,320

Year Built

Built in 2005

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 21 x 71 x 20 x 71
  • Subdivision Name: Ingle Park
  • Directions: From I-40/85: take exit 138 for NC-61 N toward Gibsonville, turn onto NC-61 N, turn right onto Whitsett Park Road, turn left onto Springwood Church Road, turn right onto Olmstead Drive, property will be on the left.
  • Above Grade Finished Sq Ft: 1555
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1555
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Deck

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: Gibsonville
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0103718
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 7433333.3333
  • TRIADMLS_DeedPage: 2092
  • TRIADMLS_DeedBook: 8109
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1320
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 4, 2022
Sold by
Tekely Traci Morton
Bought by
Reid Beverley Faith
Seller's Agent
Mackenzie Brown
Keller Williams Central
Buyer's Agent
Valerie Schell
Beausoleil Realty Group LLC
List Price
$230,000
Sold Price
$223,000
Premium/Discount to List
-$7,000
-3.04%
Current Estimated Value
$233,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,766
Avg. Annual Appreciation
1.56%
Original Mortgage
$196,200
Outstanding Balance
$187,532
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$46,234

Purchase Details

Closed on
Dec 6, 2018
Sold by
Davis Matthew D and Mallette Tamara
Bought by
Tekely Traci Morton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2017
Closed on
Feb 12, 2018
Sold by
Coleman Jeffrey K
Bought by
Davis Matthew D and Mallette Tamara
Seller's Agent
Betty Hill
United Realty Group Inc
Buyer's Agent
Barney Lawrence
RE/MAX DIAMOND REALTY
List Price
$107,000
Sold Price
$103,900
Premium/Discount to List
-$3,100
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$103,900
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2006
Sold by
D R Horton Inc
Bought by
Coleman Jeffrey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,291
Interest Rate
6.31%
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
Reid Beverley Faith $223,000 --
Reid Beverley Faith $223,000 None Listed On Document
Tekely Traci Morton $112,000 None Available
Davis Matthew D $104,000 None Available
Coleman Jeffrey K $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Beverley Faith $196,200
Closed Reid Beverley Faith $196,200
Previous Owner Tekely Traci Morton $89,600
Previous Owner Davis Matthew D $103,900
Previous Owner Coleman Jeffrey K $103,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2022 10/04/22 Sold $223,000 -3.0% $172 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $230,000 +121.4% $177 / Sq Ft
02/21/2018 02/21/18 Sold $103,900 -2.9% $80 / Sq Ft View Prior Sale
12/21/2017 12/21/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $107,000 0.0% $82 / Sq Ft
10/24/2014 10/24/14 Rented $1,149 -4.3% --
09/24/2014 09/24/14 Under Contract -- -- --
06/30/2014 06/30/14 For Rent $1,200 -- --
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 $1,549 $127,600 $24,000 $103,600
2024 $1,549 $121,900 $24,000 $97,900
2023 $1,549 $121,900 $24,000 $97,900
2022 $1,694 $127,600 $24,000 $103,600
2021 $1,320 $99,400 $20,000 $79,400
2020 $1,320 $99,400 $20,000 $79,400
2019 $1,320 $99,400 $0 $0
2018 $1,313 $99,400 $0 $0
2017 $1,313 $99,400 $0 $0
2016 $1,475 $110,500 $0 $0
2015 $1,481 $110,500 $0 $0
2014 $1,492 $110,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1082006

Triad MLS

APN: 0103718