tomo logo

$439,900

Beds
5
Baths
3.5
sq ft
3,000

507 Olsen Drive, Elon, NC 27244

507 Olsen Drive

Elon, NC 27244

  • 130 days on market
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/

Details

Property type

Single Family Residence

Est. home value

$458,007

Lot size

7,840.8 sq ft

Price per sq ft

$147

Year built

2015

Annual property taxes

$3,289.9

Monthly HOA fee

$25

Price History

08/14/2024
TriangleMLS

TriangleMLS #10046678

Listed
$439,900
+74.67%
06/29/2018
TriadMLS

TriadMLS #854941

Sold
$251,850
+3.13%
10/27/2016
TriadMLS

TriadMLS #776839

Sold
$244,200

Schools & Community

Elementary school: 

Alamance - Elon

Middle school: 

Alamance - Western

High school: 

Alamance - Western Alamance

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Federal Credit Union

Loan start date

June 2018

Original loan amount

$201,480

Est. remaining balance

Not provided

Interest rate

4.55%

Loan type

New Conventional

Seller

Chetan V Deshmukh and Medha C Deshmukh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 9:50 PM

Listing updated: 12/18/2024 at 1:53 PM

Listed by: Chet Deshmukh, Zen Realty Phone #: (919) 414-1557

MLS: TriangleMLS #10046678

TriangleMLS logo

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