NOT LISTED FOR SALE

7221 Olmstead Dr Unit C Burlington, NC 27215

Estimated Value: $218,000 - $233,000

3 Beds
2.5 Baths
1,600 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $105,000 $66 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,421/month

7 Days on Market

About This Home

As of May 2018

Conveniently located and well-maintained townhome with so much to offer, inside and out! Inside, enjoy an open floor plan, SS kitchen appliances (included in sale), maple cabinets, added crown molding, charming fireplace, upstairs laundry (washer & dryer included in sale), and lots of light. Outside, relax on the covered front porch or in the privacy of a professionally landscaped, fenced back patio! All of this and easy access to Greensboro, Elon and Raleigh! Seller is also offering a 2-10 Home Warranty.

Last Buyer's Agent

Cherie Haught

Next Chapter Realty License #224845

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,454 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Ingle Park Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0103712
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,361

Year Built

Built in 2005

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Ingle Park Gardens
  • Directions: From Greensboro take 40 East, North on NC Hwy 61, Right on Whitsett Park Rd, Left on Springwood Church Rd, Left on Olmstead Dr, and 7721 Olmstead Dr #C is on your left.
  • Above Grade Finished Sq Ft: 1454
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1454
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Privacy
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned

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: Electric

Condo/Co-op/Association

  • Association Fee: 105
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 0103712
  • Zoning: CU-RM-12
  • TRIADMLS_PricePerAcre: 3566666.6667
  • TRIADMLS_DeedPage: 2869
  • TRIADMLS_DeedBook: 6480
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1361
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 10, 2018
Sold by
Stephens David A and Stephens Patricia S
Bought by
Sarju Somattie
Buyer's Agent
Cherie Haught
Next Chapter Realty
List Price
$107,000
Sold Price
$105,000
Premium/Discount to List
-$2,000
-1.87%
Current Estimated Value
$223,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,815
Avg. Annual Appreciation
10.71%
Original Mortgage
$107,000
Outstanding Balance
$93,106
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$130,709

Purchase Details

Closed on
Jan 30, 2006
Sold by
D R Horton Inc
Bought by
Mulhauser Elizabeth V and Stephens David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,804
Interest Rate
6.14%
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
Sarju Somattie $105,000 None Available
Mulhauser Elizabeth V $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarju Somattie $107,000
Previous Owner Mulhauser Elizabeth V $119,804
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $105,000 -1.9% $81 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $107,000 -- $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 $1,592 $131,100 $24,000 $107,100
2024 $1,592 $131,100 $24,000 $107,100
2023 $1,592 $131,100 $24,000 $107,100
2022 $1,741 $131,100 $24,000 $107,100
2021 $1,361 $102,500 $20,000 $82,500
2020 $1,361 $102,500 $20,000 $82,500
2019 $1,361 $102,500 $0 $0
2018 $1,354 $102,500 $0 $0
2017 $1,361 $102,500 $0 $0
2016 $1,522 $114,000 $0 $0
2015 $1,528 $114,000 $0 $0
2014 $1,539 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2018

    Cherie Haught

    Next Chapter Realty

    (336) 987-1273

    5 Total Sales

    Cherie Haught
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Map

Source: Triad MLS

MLS Number: 879166

Triad MLS

APN: 0103712

North Carolina Guilford County Burlington 27215

7221 Olmstead Dr Unit C, Burlington, NC

This home is located at 7221 Olmstead Dr Unit C, Burlington, NC 27215 since 20 March 2018 and is currently estimated at $223,815, approximately $139 per square foot. This property was built in 2005. 7221 Olmstead Dr Unit C is a home located in Guilford County with nearby schools including Gibsonville Elementary School, Eastern Guilford Middle School, and Eastern Guilford High School.

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