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507 Olsen Dr, Elon, NC, 27244

$439,900

Home List Price

$5,224*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,000 SqFt
$147/SqFt
House

Location

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507 Olsen Dr, Elon$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage Door Opener, Garage Faces Front
Attached Garage2 spaces
Year Built2015
HeatingFireplace(s), Forced Air, Natural Gas, Zoned
CoolingCeiling Fan(s), Central Air
FireplaceFamily Room, Gas, Zero Clearance
MLS #10046678
Lot Size0.18 Acres
StatusActive

About 507 Olsen Dr

Priced for quick sale in ELON, NC. The Seagrove Plan with a Brick Front, Country Front Porch W/ Tapered Columns, 10X12 Patio. Welcoming and spacious Entry, Formal Dining Rm W/ Coffered Ceiling, Great Rm W/ Gas Log FP & Kitchen w/ 42'' Cabinets, Granite Counters & Ss Appliances. First Floor Guest/ In-law Suite with On-suite Bath & Walk-In Closet. Gracious Master Bedroom On 2nd floor W/ Garden Tub & Shower. Guest Suite That Could Be A Downstairs Master. Upstairs Master With Garden Tub And Separate Shower. Enjoy The Woods In The Back 12X10 Patio. Sidewalks in community and on Community Main Square with a Gazebo. BUYER and/or BUYER AGENT MUST VERIFY SQ. FT and obtain NEW SURVEY. ++Please verify taxes with City of Elon and Alamance County - Tax assessments are on different schedules and separate billing cycles.++ FOLLOWING APPLIANCES AND ACCESSORIES DO NOT CONVEY - Washer/Dryer, Refrigerator, and Drapes/Curtains Do Not Convey 1.0 miles to Elon University Campus/ Center For Arts, Football Stadium and Basketball Arena. Please contact Salem Property Management for any questions on HOA Rules and Restrictive Covenants that may apply to this Sub-division and property. https://salemproperties.net/

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Transitional
  • Year Built: 2015
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Zen Realty
  • Office Phone: (919) 414-1557
  • Listing Agent: Chet Deshmukh

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Flooring Type: Carpet, Other
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Coffered Ceiling(s), Dual Closets, Granite Counters, In-Law Floorplan, Pantry, Recessed Lighting, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Wired for Data
  • Fireplace: Family Room, Gas, Zero Clearance

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch Front, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Garage Faces Front

Lot Features

Lot Information:

  • Lot: Many Trees, Native Plants, Wooded, See Remarks
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Forced Air, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: I 85/40 To University Dr. North On University To L On Shallowford Church Road. Left On Elon Ossippee Rd, L On Stone Gables, Right On Olsen, House On Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900
  • Price Per SqFt: $147/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,348
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Elon, NC.

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Elon, NC

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$184

Avg. Days On Market

21

# of Sold Homes

12

507 Olsen Dr vs Elon

36 DAYS ON ROCKET

+15 Days

$439,900

+$100.5K More

$147/SqFt

-$37 Less

KEY TAKEAWAY

This property is $100.5K more than the Median Sold Price and $37/SqFt less than other homes in Elon, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10046678

Listing Office:

  • Office Name: Zen Realty
  • Office Phone: (919) 414-1557
  • Listing Agent: Chet Deshmukh

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 2018Home Sold
$252,000
Oct 27, 2016Home Sold
$244,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,348$259,243
2020$2,897$259,243
2018$2,696$259,243
2017$2,670$259,243

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-67827
6
/10

  • Elon Elementary School

  • 510 E Haggard Ave

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-67828
3
/10

  • Gibsonville Elementary School

  • 401 E Joyner St

  • 1.68 miles

  • Public District Grades PK-5

school-card-donut-67829
3
/10

  • Hillcrest Elementary School

  • 1714 W Davis St

  • 2.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,000. Residents of Elon, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Olsen Dr

What is the listing price of this property?

The listing price of 507 Olsen Dr property is $439,900.

What type of property is this?

The property 507 Olsen Dr is a house located in Elon, North Carolina, 27244.

Is this property for sale now?

Active Listing: 507 Olsen Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,348 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 29, 2018 for $252,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Olsen Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 Olsen Dr is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Olsen Dr is 2015.

Rocket Homes›North Carolina›Alamance County›Elon›27244›507 Olsen Dr

This home is located at 507 Olsen Dr in Elon, NC and zip code 27244. This 3,000 square foot home, which was built in 2015, sits on a 0.18 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $439,900.

In October 2024, from all listings sold in Elon, NC there were more than 2 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Elon, NC between September 2024 and October 2024 increased by 14.3%. In October 2024 median list price was $339,400 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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