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501 Olmsted Park Place
501 Olmsted Park Place, Unit K
$468,843 (our value guesstimate)
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Charlotte, NC 28203 ▪  (MLS # 3623935)
Built: 1991  ▪   Primary Up
2 bed  ▪  2 full bath  ▪  1,092 Sq Ft
Sold for $330,000 on Jul 13, 2020
501 Olmsted Park Place, Unit K
$468,843 (our value guesstimate)
Charlotte, NC 28203 ▪  (MLS # 3623935)
Built: 1991  ▪   Primary Up
2 bed  ▪  2 full bath  ▪  1,092 Sq Ft
Sold for $330,000 on Jul 13, 2020
SOLD JUL 13, 2020
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$330,000  (sales price)
2 bed  ▪  2 full bath  ▪  1,092 Sq Ft
501 Olmsted Park Place
Charlotte, NC 28203 (MLS # 3623935)
Built: 1991  ▪   Primary Bedroom Up
Complex Name: Olmstead
Charlotte, NC / 28203

Our Value Guesstimate (from Computer Algorithm): $468,843

Our computer algorithm has estimated that this home would be likely to sell in a range between $398,517 and $539,169.
Sale Details
Sales Price: $330,000
Closed: Jul 13, 2020 (1,355 days ago)
List Price: $329,900
Sold for: 100% of list price
Cumulative Days on Market: 7
Price/Sq Ft: $302
Remarks - 501 Olmsted Park Place, Unit K
(from previous listing) Top floor unit with private covered porch in the highly sought after Olmstead Park community nestled inside Historic Dilworth. This is an amazing opportunity to live close to everything. Walk to the light rail station and all the conveniences…supermarket, restaurants, breweries and all the entertainment of South End and Dilworth. The third floor location offers soaring vaulted ceilings and an additional upstairs master suite that not many units in the complex have. The master suite features a wi ...
Continue reading

General Info - MLS # 3623935
Parking: On Street
Year Built: 1991
Master / Primary Bedroom: Upper floor
Special Status:  Relocation
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Area Schools
10/10
Dilworth Elementary School
Distance: 0.7 mi
7/10
Sedgefield Middle School
Distance: 0.5 mi
10/10
Myers Park High School
Distance: 2.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Complex Name: Olmstead
Subdivision: Dilworth
Community Features: Club House, Outdoor Pool, Street Lights
Listing History
07/13/2020: MLS Sold for $330,000 (Canopy MLS)
Cumulative Days on Market: 7
More details

08/23/2018: MLS # 3415582 sold for $298,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 3
County Tax Data
2023 County Tax Assessment: $373,828
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $2,881

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
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See Sold Homes in Olmstead
SOLD AUG 7, 2023
Condo / TH
Sold for $428/Sq Ft & 98% of list
4 cumulative days on market
$305,000 (sales price)
1 bed  ▪  1 full bath  ▪  712 SqFt
501 Olmsted Park Pl, Unit B
Charlotte, NC 28203
Olmsted Park
0.0 mi.

SOLD FEB 3, 2023
Condo / TH
Sold for $445/Sq Ft & 103% of list
2 cumulative days on market
$310,000 (sales price)
1 bed  ▪  1 full bath  ▪  696 SqFt
415 Mather Green Ave, Unit D
Charlotte, NC 28203
Olmsted Park
0.0 mi.

SOLD OCT 14, 2022
Condo
Sold for $423/Sq Ft & 100% of list
17 cumulative days on market
$375,000 (sales price)
2 bed  ▪  2 full bath  ▪  887 SqFt
2209 Sumner Green Ave, Unit L
Charlotte, NC 28203
Olmsted Park
0.1 mi.

Neighborhood Summary ( Condo )
Olmstead


Sales in:

Median $ / Sq Ft ( Condo )
Olmstead







28203 ZIP Code Trends
28203 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28203 is the 12th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28203 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

11
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 11 cumulative days on market in the 28203 area. Compare this with the Charlotte metro area median of 17 days on market.

38%
Of Recently Sold Homes
Over Asking Price
38% of previously owned 28203-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28203.

53%
of Available Homes
Are Under Contract
53% of previously owned 28203-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28203 Area Metro Area
1-year +<1% + 2%
2-year + 7% + 2%
5-year +51% +66%
The price per square foot of 28203-area re-sale homes has increased by approximately 51% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $437 per square foot in 28203 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28203 area. Compare this with the Charlotte metro area median of 17 days on market.

35%
Of Recently Sold Homes
Over Asking Price

35% of previously owned 28203-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28203.

Price Per Square Foot Change
Period 28203
Area
Metro
Area
1-year +<1% + 2%
2-year + 7% + 2%
5-year +51% +66%

The price per square foot of 28203-area re-sale homes has increased by approximately 51% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $437 per square foot in 28203 over the past 90 days - as compared to $212 for the entire metro area.

53%
of Available Homes
Are Under Contract

53% of previously owned 28203-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $468,843

Our computer algorithm has estimated that this home would be likely to sell in a range between $398,517 and $539,169.


Sale Details
Sales Price: $330,000
Closed: Jul 13, 2020 (1,355 days ago)
List Price: $329,900
Sold for: 100% of list price
Cumulative Days on Market: 7
Price/Sq Ft: $302
Remarks
(from previous listing) Top floor unit with private covered porch in the highly sought after Olmstead Park community nestled inside Historic Dilworth. This is an amazing opportunity to live close to everything. Walk to the light rail station and all the conveniences…supermarket, restaurants, breweries and all the entertain ...
Continue reading

General Info - MLS 3623935
Parking: On Street
Year Built: 1991
Master / Primary Bedroom: Upper floor
Special Status:  Relocation
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Neighborhood Info
Complex Name: Olmstead
Subdivision: Dilworth
Community Features: Club House, Outdoor Pool, Street Lights
Listing History
07/13/2020: MLS Sold for $330,000 (Canopy MLS)
Cumulative Days on Market: 7
More details


08/23/2018: MLS # 3415582 sold for $298,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 3
Area Schools
10/10
Dilworth Elementary School
Distance: 0.7 mi
7/10
Sedgefield Middle School
Distance: 0.5 mi
10/10
Myers Park High School
Distance: 2.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Olmstead neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Dilworth Road West, Dilworth Walk, and Magnolia Place.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.