NOT LISTED FOR SALE

501 Olmsted Park Place Unit K Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $432,000 - $449,000

2 Beds
2 Baths
1,087 Sq Ft
$299/mo HOA Fee

Last Sold September 23, 2024

Last sale price $425,000 $391 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,986/month

14 Days on Market

Highlights

  • Clubhouse
  • Screened Porch
  • Fireplace
  • Dilworth Elementary School: Latta Campus Rated A-
  • Balcony
  • Laundry closet

About This Home

As of September 2024

Welcome to Olmsted Park! This quiet top floor, TWO story unit is in the center of it all. This home features a spacious and bright living room with cathedral ceilings, a relaxing screened in back porch, front deck, fresh paint, new flooring throughout and much more! Each floor has its own large bedroom and bathroom, perfect for a seperate office, guest room, or a roommate. The second floor primary bedroom features a cozy reading nook and skylight. This is one of the largest units in Olmsted Park. Enjoy the community pool, clubhouse, and all Southend has to offer just blocks away!

Last Listed By

Brett Winter

Keller Williams South Park Brokerage Email: brettwinter@kw.com License #306462 Listed on: 08/08/2024

Keller Williams South Park

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1991

Lot Details

  • 436

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Hardboard

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Screened Porch
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 121-073-53

Community Details

Overview

  • Olmsted Park HOA, Phone Number (704) 333-5300
  • Olmsted Park Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,881

Year Built

Built in 1991

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1991
  • Special Assessment Yn: 0
  • Special Assessment Description: No
  • Proposed Special Assessment Desc: No
  • Road Surface Type: None, Concrete
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 390.98
  • Geocode Confidence: High
  • Attribution Contact: brettwinter@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Entry Level: 3
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 730
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 148
  • Sq Ft Unheated Total: 148
  • Sq Ft Upper: 357
  • Appliances: Dishwasher, Electric Oven, Electric Range, Washer/Dryer
  • Above Grade Finished Sq Ft: 1087
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1087
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Balcony, Covered, Front Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 299
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: Olmsted Park HOA
  • Phone: 704-333-5300
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3588.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • Parcel Number: 121-073-53
  • Zoning: UR3CD
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UR3CD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 23, 2024
Sold by
Kennedy Matthew
Bought by
Law Reed A and Law Jackson R
Seller's Agent
Brett Winter
Keller Williams South Park
Buyer's Agent
Brett Winter
Keller Williams South Park
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Total Days on Market
14
Views
54
Current Estimated Value
$438,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,491
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 2, 2020
Sold by
Parker Geoffrey Allan and Turgeon Lauren Elizabeth
Bought by
Kennedy Matthew
Seller's Agent
Roy Brown
Coldwell Banker Realty
Buyer's Agent
Brett Winter
Keller Williams South Park
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$264,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 20, 2018
Sold by
Ghosh Ankon D
Bought by
Parker Geoffrey Allan and Turgeon Lauren Elizabeth
Seller's Agent
Trent Corbin
Keller Williams South Park
Buyer's Agent
Debra Kasey
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$300,000
Sold Price
$298,000
Premium/Discount to List
-$2,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$231,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Olmsted Park Development Llc
Bought by
Ghosh Ankon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Law Reed A $425,000 None Listed On Document
Kennedy Matthew $330,000 None Available
Parker Geoffrey Allan $298,000 None Available
Ghosh Ankon D $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Matthew $256,000
Previous Owner Kennedy Matthew $264,000
Previous Owner Parker Geoffrey Allan $231,200
Previous Owner Ghosh Ankon D $178,800
Previous Owner Ghosh Ankon D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $425,000 -2.3% $391 / Sq Ft
08/08/2024 08/08/24 For Sale $435,000 +31.8% $400 / Sq Ft
07/13/2020 07/13/20 Sold $330,000 0.0% $302 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $329,900 +10.7% $302 / Sq Ft
08/23/2018 08/23/18 Sold $298,000 -0.7% $271 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $300,000 -- $273 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,881 $373,828 $0 $373,828
2022 $2,447 $240,600 $0 $240,600
2021 $2,436 $240,600 $0 $240,600
2020 $2,322 $240,600 $0 $240,600
2019 $2,413 $240,600 $0 $240,600
2018 $2,388 $176,400 $49,000 $127,400
2017 $2,346 $176,400 $49,000 $127,400
2016 $2,337 $176,400 $49,000 $127,400
2015 $2,325 $176,400 $49,000 $127,400
2014 $2,305 $176,400 $49,000 $127,400
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4168508

Canopy MLS (Canopy Realtor® Association)

APN: 121-073-53