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Sold for $417,000
  • $417,000

    507 Olsen Dr, Elon, NC 27244

    5beds
    3,000sqft
    Single Family Residence, Residential
    Built in 2016
    8,276 Square Feet Lot
    $408,700 Zestimate®
    $139/sqft
    $2,806 Estimated rent

    Home value

    $408,700

    $343,000 - $486,000

    $2,806/mo

    Zestimate® history
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    What's special

    Beautiful 5 Bedroom 3.5 Bath Home in Elon. Located minutes from shopping and Elon University. Dining Room With Coffered Ceiling, Living Room With Gas Log Fireplace. Kitchen With Granite Tops, Stainless Steel Appliances and dark stain Cabinets. Engineered Hardwood in LVR, Kitchen, Dining and Hallway. 1st Floor Large BR with on suite. Upstairs And Downstairs Laundry. First Floor with Guest Suite that can be a downstairs MBR with walk-in closet. Upstairs Master With Garden Tub And Separate Shower. Enjoy the woods and nature in the back from your 12X10 Patio. Lot can be fenced in with permission and approval from HOA. BUYER AND /OR BUYER AGENT MUST OBTAIN NEW SURVEY AND MEASURE SQ.FT - Seller is Real Estate Broker

    Zillow last checked:

    Listing updated:

    Listed by:

    Chet Deshmukh 919-659-5478,

    Zen Realty

    Bought with:

    Pat Serkedakis, 263889

    Coldwell Banker HPW Pittsboro

    Source: Doorify MLS,MLS#: 10087643MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Fireplace(s), Zoned
    Cooling
    • Ceiling Fan(s), Zoned
    Appliances
    • Included: Gas Oven, Gas Range, Gas Water Heater, Microwave
    • Laundry: Laundry Closet, Laundry Room, Main Level, Sink, Upper Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Double Vanity, Granite Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
    • Flooring: Carpet, FSC or SFI Certified Source Hardwood, Laminate, Simulated Wood
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft
    • Finished area above ground: 3,000
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage Faces Front
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Hallway(s)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch, Patio
    • Pool features: None
    • Fencing: None, See Remarks
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 8,276 Square Feet
    • Features: Back Yard, Gentle Sloping, Many Trees
    Details
    • Parcel number: 172589
    • Special conditions: Seller Licensed Real Estate Professional

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2016
    • Major remodel year: 2016
    Details
    • Builder name: Windsor Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Subdivision: Cable Square
    HOA
    • Has HOA: Yes
    • Services included: Unknown
    • HOA fee: $25 monthly
    Location
    • Region: Elon

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $420,704
    • Annual tax amount: $3,445
    • Date on market: 4/11/2025
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/22/2025Sold$417,000-1%$139/sqft
    Source: Doorify MLS #10087643 Report a problem
    4/15/2025Pending sale$421,000$140/sqft
    Source: Doorify MLS #10087643 Report a problem
    4/12/2025Listed for sale$421,000-4.3%$140/sqft
    Source: Doorify MLS #10087643 Report a problem
    10/19/2024Listing removed$439,900$147/sqft
    Source: Doorify MLS #10046678 Report a problem
    8/19/2024Listed for sale$439,900+74.7%$147/sqft
    Source: Doorify MLS #10046678 Report a problem
    6/29/2018Sold$251,850-1.7%
    Source: Triad MLS #854941 Report a problem
    6/13/2018Listed for sale$256,200+5%$85/sqft
    Source: Coldwell Banker Triad, Realtors #854941 Report a problem
    10/27/2016Sold$244,000+190.5%$81/sqft
    Source: Public Record Report a problem
    8/27/2015Sold$84,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,973 +8.6%$420,704
    2023$1,817 +7.9%$420,704 +62.3%
    2022$1,685 -1.5%$259,243
    2021$1,711 -1.5%$259,243
    2020$1,737 $259,243
    2019$1,737 $259,243
    2018-- $259,243
    2017-- $259,243 +59.1%
    2016$231 $162,926
    Find assessor info on the county website

    Neighborhood: 27244

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alamance - Elon
    • Middle: Alamance - Western
    • High: Alamance - Western Alamance

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $408,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $408,700