7217 Olmstead Dr
Burlington, NC 27215
3 bd 3 ba 1,555 sqft Built 2005 Lot 1,307 sqft townhomes
Most recent sale
$223,000
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $223,000 | Public Record |
| Aug 26, 2022 | Listed | $230,000 | MLS #1082006 |
| May 5, 2021 | Listed for rent | $1,350 | AppfolioUnits |
| Dec 6, 2018 | Sold | $112,000 | Public Record |
| Feb 21, 2018 | Sold | $103,900 | MLS #857906 |
| Dec 17, 2017 | Price changed | $104,900 | MLS #857906 |
| Nov 17, 2017 | Listed | $107,000 | MLS #857906 |
| Oct 25, 2014 | Listing removed | $1,149 | TriadMLS |
| Oct 21, 2014 | Listing removed | $975 | Appfolio |
| Sep 30, 2014 | Price changed for rent | $975 | Appfolio |
| Sep 3, 2014 | Listed for rent | $1,200 | RentalRoost |
| Aug 6, 2014 | Price changed for rent | $1,149 | Appfolio |
| Aug 5, 2014 | Price changed for rent | $1,149 | TriadMLS |
| Jul 3, 2014 | Listed for rent | $1,200 | Appfolio |
| Jun 30, 2014 | Listed for rent | $1,200 | TriadMLS |
| Dec 21, 2006 | Sold | $105,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $103,600 | $24,000 | $127,600 | $1,536 |
| 2024 | $103,600 | $24,000 | $127,600 | $1,549 |
| 2023 | $103,600 | $24,000 | $127,600 | $1,536 |
| 2022 | $103,600 | $24,000 | $127,600 | $1,694 |
| 2021 | $79,400 | $20,000 | $99,400 | $1,320 |
| 2020 | $79,400 | $20,000 | $99,400 | $1,320 |
| 2019 | $79,400 | $20,000 | $99,400 | $1,320 |
| 2018 | $79,400 | $20,000 | $99,400 | $1,320 |
| 2017 | $79,400 | $20,000 | $99,400 | $1,320 |
| 2016 | $90,500 | $20,000 | $110,500 | $1,475 |
| 2015 | $90,500 | $20,000 | $110,500 | $1,473 |
| 2014 | $90,500 | $20,000 | $110,500 | $1,492 |
| 2013 | $90,500 | $20,000 | $110,500 | $1,492 |
| 2012 | $90,500 | $20,000 | $110,500 | $1,503 |
| 2011 | $82,100 | $25,000 | $107,100 | $1,459 |
| 2010 | $82,100 | $25,000 | $107,100 | $1,422 |
| 2009 | $82,100 | $25,000 | $107,100 | $1,422 |
| 2008 | $86,400 | $25,000 | $111,400 | $1,518 |
| 2007 | $86,400 | $25,000 | $111,400 | $1,466 |
Property facts
Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,555 sqft
Lot size
1,307 sqft
ZIP code
27215
City
Burlington
Street
Olmstead Dr
Coordinates
36.07034, -79.54673
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,099
Gross rental yield
11.30%
Implied cap rate
7.34%
Trend-extrapolated value
—
Frequently asked questions
When did 7217 Olmstead Dr last sell?
7217 Olmstead Dr most recently sold on Oct 4, 2022 for $223,000.
What is the current tax assessment for 7217 Olmstead Dr?
The most recent total assessment for 7217 Olmstead Dr (year 2025) is $127,600 with $1,536 in property tax.
How does 7217 Olmstead Dr's assessment compare to its last sale price?
The current assessment is 42.8% below the last sale price of $223,000.
When was 7217 Olmstead Dr built?
7217 Olmstead Dr was built in 2005.
How does 7217 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 7217 Olmstead Dr?
7217 Olmstead Dr is a 3 bed, 3 bath, 1,555 sqft, 1,307 sqft lot townhomes.
Is 7217 Olmstead Dr a flip candidate?
No — 7217 Olmstead Dr does not appear in our flips dataset.
Is 7217 Olmstead Dr a tax-appeal candidate?
No — 7217 Olmstead Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Olmstead Dr