Back 507 Olsen Dr
Off Market

507 Olsen Dr

Elon NC 27244

5
4
2
3000 sq. ft.
8276.4 sq. ft.
Single-Family
Last sold for $417,000
Chet DeshmukhChet Deshmukh, last sold this property on 22 May 2025 after 275 days on market.

Overview

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

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3000 sq. ft. floor area
8276.4 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Elon over the last 12 months, the estimated median property value of 507 Olsen Dr is $575.26k.

Median value
$575.26k
Estimated value range
$299.9k - $800k
Median days on market
53
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Elon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507 Olsen Dr

2025
Sold
$417,000
22 May 2025 by Chet Deshmukh, of Zen Realty
2018
Sold
$251,850
29 Jun 2018 by Robin Allred, of Coldwell Banker Advantage
2016
Sold
$244,200
27 Oct 2016 by Tara Davis, of Allen Tate

Happy sellers in Elon

100%
100% of sellers in Elon reported that their sale price either exceeded or met their price expectations.

Elon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Elon over the last 12 months.

Local market activity for 5 bedroom single-family properties in Elon

In the last 12 months, 10 five-bedroom single-family properties similar to 507 Olsen Dr, have been sold.

This represents a 11% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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