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7206 Olmstead Dr

Burlington, NC 27215

3 bd 3 ba 1,520 sqft Built 2006 Lot 1,307 sqft townhomes
Most recent sale
$177,000
Mar 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2022 Sold $177,000 MLS #1057523
Jan 29, 2022 Listed $170,000 MLS #1057523
Sep 4, 2007 Sold $106,500 Public Record
Sep 28, 2006 Sold $116,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,900 $24,000 $128,900 $1,552
2024 $104,900 $24,000 $128,900 $1,564
2023 $104,900 $24,000 $128,900 $1,552
2022 $104,900 $24,000 $128,900 $1,711
2021 $81,400 $20,000 $101,400 $1,346
2020 $81,400 $20,000 $101,400 $1,346
2019 $81,400 $20,000 $101,400 $1,346
2018 $81,400 $20,000 $101,400 $1,346
2017 $81,400 $20,000 $101,400 $1,346
2016 $92,700 $20,000 $112,700 $1,505
2015 $92,700 $20,000 $112,700 $1,503
2014 $92,700 $20,000 $112,700 $1,521
2013 $92,700 $20,000 $112,700 $1,521
2012 $92,700 $20,000 $112,700 $1,533
2011 $87,600 $25,000 $112,600 $1,534
2010 $87,600 $25,000 $112,600 $1,495
2009 $87,600 $25,000 $112,600 $1,495
2008 $87,600 $25,000 $112,600 $1,534
2007 $79,600 $25,000 $104,600 $1,376

Property facts

Year built
2006
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,520 sqft
Lot size
1,307 sqft
ZIP code
27215
City
Burlington
Street
Olmstead Dr
Coordinates
36.07085, -79.54827

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,052
Gross rental yield
13.91%
Implied cap rate
9.04%
Trend-extrapolated value

Frequently asked questions

When did 7206 Olmstead Dr last sell?
7206 Olmstead Dr most recently sold on Mar 22, 2022 for $177,000.
What is the current tax assessment for 7206 Olmstead Dr?
The most recent total assessment for 7206 Olmstead Dr (year 2025) is $128,900 with $1,552 in property tax.
How does 7206 Olmstead Dr's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $177,000.
When was 7206 Olmstead Dr built?
7206 Olmstead Dr was built in 2006.
How does 7206 Olmstead Dr compare to others on Olmstead Dr?
We track 8 other properties on Olmstead Dr. Browse the list under "Other properties on Olmstead Dr" to compare beds, baths, and sale history.
What are the property facts for 7206 Olmstead Dr?
7206 Olmstead Dr is a 3 bed, 3 bath, 1,520 sqft, 1,307 sqft lot townhomes.
Is 7206 Olmstead Dr a flip candidate?
No — 7206 Olmstead Dr does not appear in our flips dataset.
Is 7206 Olmstead Dr a tax-appeal candidate?
No — 7206 Olmstead Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast

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