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507 Olsen Dr, Elon, NC 27244

$417,000

Last sold 05/22/2025 after 45 Days

5
bed
4
bath
3,000
Sqft ($139/Sqft)

House not for sale

About 507 Olsen Dr

Property type House

Year built 2016

HOA fee $25/month

Lot size 8,276 Sqft

Parking 2 garage spaces

Property description

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

Listed by

Listing Agent - Chet Deshmukh

Listing Office - Zen Realty

Source: Doorify MLS

MLS#10087643 • last updated 10 months ago

Movoto checked Doorify MLS for data 16 minutes ago

Overview
Cooling/AC	Ceiling Fan(s), Zoned
Heating	Central, Fireplace(s), Zoned
Levels/Style	Two, Site Built, Traditional, 2
MLS #	10087643
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	3000
Lot Size (SqFt)	8276
Lot Size (Acres)	0.19
Property Tax	3445.56
Builder Name	Windsor Homes
Year Built	2016
HOA	Cable Square HOA - Salem Property Management
HOA Fee	Monthly, 25

Interior
# of Half Baths	1
Total # of Bathrooms	4
# of Full Baths	3
Total # of Bedrooms	5
Total # of Rooms	9
Laundry	Laundry Closet, Laundry Room, Main Level, Sink, Upper Level
Flooring	Carpet, FSC Or SFI Certified Source Hardwood, Laminate, Simulated Wood
Appliances	Gas Oven, Gas Range, Gas Water Heater, Microwave
Accessibility Features	Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Hallway(s)
Interior Features	Breakfast Bar, Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Double Vanity, Granite Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
Fireplace	Gas Log, Great Room

Exterior
Foundation	Slab
Roof	Architectural Shingle
Construction	Brick Veneer, Vinyl Siding
# of Open Parking Spaces	2
Parking	Garage Door Opener, Garage Faces Front
# of Parking Spaces	2
Patio/Porch	Front Porch, Patio
Lot Features	Back Yard, Gentle Sloping, Many Trees
Fencing	None, See Remarks

Amenities / Utilities
Utilities	Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Sewer/Septic	Public Sewer
Water Source	Public
HOA Fee Includes	Unknown
Pool	None

Location
View	Trees/Woods
County	Alamance
Community Features	Sidewalks, Street Lights
Subdivision	Cable Square
Elementary School	Alamance - Elon
Middle School	Alamance - Western
High School	Alamance - Western Alamance
APN	172589

Lot/ Land Details
Road Surface	Asphalt
Road Responsibility	Public Maintained Road

We are not permitted to show value estimates for this property.

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May 2025
MLS # 10087643
May 25, 2025 Sold
$417,000
Apr 15, 2025 Pending
—
Apr 7, 2025 Listed
$421,000 (-4.3%)
May 2025
Public Records
May 22, 2025 Sold
$417,000 (-1.0%)
Aug 2024
MLS # 10046678
Aug 14, 2024 Listed
$439,900
Aug 14, 2024 Listed
$439,900 (+74.7%)
Jul 2018
MLS # 854941
Jul 5, 2018 Sold
$251,850
May 1, 2018 Pending
—
Mar 29, 2018 Due Diligence Period
—
Feb 19, 2018 Price Change
$256,200 (-0.5%)
Jan 8, 2018 Price Change
$257,500 (+0.5%)
Oct 23, 2017 Listed
$260,000 (+6.5%)
Jun 2018
Public Records
Jun 29, 2018 Sold
$252,000
Mar 2018
MLS # 97521
Mar 28, 2018 Sold
$251,850
Mar 28, 2018 Sold
$251,850 (-1.7%)
Oct 23, 2017 Listed
$256,200
Oct 23, 2017 Listed
$256,200 (-1.5%)
Oct 2016
MLS # 776839
Oct 28, 2016 Sold
$244,200
Aug 29, 2016 Pending
—
Jun 22, 2016 Price Change
$249,900 (-3.8%)
Feb 3, 2016 Price Change
$259,900 (-3.7%)
Nov 7, 2015 Listed
$269,900 (+8.0%)
Oct 2016
Public Records
Oct 27, 2016 Sold
$244,000
Aug 2016
MLS # 89474
Aug 26, 2016 Sold
$244,200
Aug 26, 2016 Sold
$244,200 (-2.3%)
Oct 5, 2015 Listed
$249,900
Oct 5, 2015 Listed
$249,900 (+197.5%)
Aug 2015
Public Records
Aug 27, 2015 Sold
$84,000

Year Property taxes Tax assessment
2025
$2,078 +5.3%

$420,704
2024
$1,973 +8.6%

$420,704
2023
$1,817 +7.9%

$420,704 +62.28%
2022
$1,685 +25.0%

$259,243
2021
$1,348 +484.0%

$259,243
2016
$231

$259,243

507 Olsen Dr
$417K
—
27244
$365K -7% y/y
Elon
$365K -8% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
521 Olsen Dr, Elon, NC 27244	$440,000	4/3	3,011	0.01
495 Olsen Dr, Elon, NC 27244	$428,000	4/2	2,808	0.01
502 Olsen Dr, Elon, NC 27244	$442,000	5/3	2,961	0.02
525 Olsen Dr, Elon, NC 27244	$442,000	4/3	2,994	0.02
481 Olsen Dr, Elon, NC 27244	$451,000	4/3	2,818	0.03
490 Olsen Dr, Elon, NC 27244	$439,000	4/2	2,591	0.03
516 Olsen Dr, Elon, NC 27244	$438,000	5/4	2,875	0.03
528 Olsen Dr, Elon, NC 27244	$444,000	4/3	3,063	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.