516 Olsen Dr, Elon, NC 27244
Property image
Property image
OFF MARKET

$412,000

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 2,846 sqft

516 Olsen Dr, Elon, NC 27244

Est. Refi. Payment $2,525/mo*
Refinance Your Home
Currently Off Market - Sold Oct 11, 2019 for $287,000

Home Value

Trulia Estimate
$412K
Since last month
Decreased$7K (-1.6%)
Since last year
Decreased$14K (-3.3%)
Since last sale
Increased$123K (+42.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +147% in the last 10 years
MonthEstimated value
2026
September 2026$410K
August 2026$412K
July 2026$416K
June 2026$425K
May 2026$425K
April 2026$423K
March 2026$420K
February 2026$418K
January 2026$414K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1289 Stone Gables Dr, Elon, NC
0.02
Single-Family Home
$385,000
02/03/26
4
3.5
3,138
1261 Stone Gables Dr, Elon, NC
0.05
Single-Family Home
$420,000
09/18/25
4
2.5
2,690
1442 Stone Gables Dr, Elon, NC
0.16
Single-Family Home
$385,000
08/13/26
4
2.5
2,624
839 Old Towne Dr, Elon, NC
0.11
Single-Family Home
$455,000
04/21/26
4
3
2,501
560 Olsen Dr, Elon, NC
0.05
Single-Family Home
$380,000
04/16/26
3
2
2,069
1043 Stone Gables Dr, Elon, NC
0.25
Single-Family Home
$410,000
11/13/25
4
2
2,778
1190 Stone Gables Dr, Elon, NC
0.12
Single-Family Home
$450,000
09/11/26
3
2
2,146
1213 Hackney Dr #132, Elon, NC
0.38
Single-Family Home
$487,450
07/20/26
3
3
2,839
1205 Hackney Dr #134, Elon, NC
0.36
Single-Family Home
$442,200
06/25/26
3
2.5
2,454
701 Slaney Woods Ln, Elon, NC
0.56
Single-Family Home
$566,623
12/11/25
4
3.5
3,328

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
507 Olsen Dr, Elon, NC 27244
0.03
$401,800
5
3.5
3,000
Off Market
1289 Stone Gables Dr, Elon, NC 27244
0.02
$385,000
4
3.5
3,138
Recently Sold
1305 Stone Gables Dr, Elon, NC 27244
0.03
$414,200
3
2.5
2,440
Off Market
560 Olsen Dr, Elon, NC 27244
0.05
$380,000
3
2
2,069
Recently Sold
1261 Stone Gables Dr, Elon, NC 27244
0.05
$408,600
4
2.5
2,690
Off Market
407 Olsen Dr, Elon, NC 27244
0.11
$447,500
3
2
2,587
Recently Sold
839 Old Towne Dr, Elon, NC 27244
0.11
$455,000
4
3
2,501
Recently Sold
1190 Stone Gables Dr, Elon, NC 27244
0.12
$450,000
3
2
2,146
Recently Sold
643 Olsen Dr, Elon, NC 27244
0.14
$400,500
3
3
2,338
Off Market
324 Olsen Dr, Elon, NC 27244
0.14
$420,000
3
2
2,103
Recently Sold
1416 Stone Gables Dr, Elon, NC 27244
0.14
$350,000
4
2
1,862
For Sale
723 Marcy Trl, Elon, NC 27244
0.16
$360,900
3
2
2,166
Off Market

Local Information

  • Map ViewExplore the area around 516 Olsen Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2017
2,846 sqft
$145/sqft
Garage

About this House

Like New, 4/5 Bedroom, 4 Bath Home With A Number Of Lovely Features Incl.Coffered Ceiling In Dining, Stainless Kitchen W/Granite-Tile Backsplash, Island,Fp In Family, 1St Fl.Master W/Dual Vanities & Shower, 2Nd Bedroom On The Main,Another Potential Master On 2Nd Fl.W/Bath, Loft W/Closet, Move In Ready!
516 Olsen Dr, Elon, NC 27244 is a 4 bedroom, 4 bathroom, 2,846 sqft single-family home built in 2017. It last sold for $287,000 on Oct 11, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $412,000, with a rent estimate of $2,704/month.

Home Details for 516 Olsen Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.6299999952316284Floors: Carpet, Hardwood
Appliances & Utilities
MicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Attached

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Oct 11, 2019
Source: Triad MLS #931563
Sold
$287,000
Sep 9, 2019
Source: Agent Provided
Pending
$289,900
Jun 27, 2019
Source: Agent Provided
PriceChange
$289,900
Price decreased by 2%
May 10, 2019
Source: Agent Provided
Listed For Sale
$295,000
Apr 2, 2018
Source: Triad MLS #856471
Sold
$261,900

Market trends in Elon

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
33
7MoM

Around this home

What Locals Say about Elon

At least 18 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 88 % Say car is needed

  • 77 % Say yards are well-kept

  • 77 % Say parking is easy

  • 75 % Say people would walk alone at night

  • 72 % Say they plan to stay for at least 5 years

  • 68 % Say there's holiday spirit

  • 67 % Say there are sidewalks

  • 59 % Say there's wildlife

  • 57 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 52 % Say kids play outside

  • 50 % Say it's quiet

  • 25 % Say it's walkable to restaurants

  • 25 % Say it's walkable to grocery stores

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Sum
    "Being near many local coffee shops, and parks. Typically very quiet and peaceful. Neighbors are very friendly"
    2
    Flag
  • jennifer m.
    "Elon does not offer regular public transit, that I know of. Living here almost requires you to own a vehicle or at least a bicycle. There are sidewalks downtown, but no bike lanes. Many people who live in Elon commute to other nearby cities for work. Greensboro is approximately 30 minutes west by car, while Burlington is just minutes away and Mebane is about 20 minutes east of Elon. "
    1
    Flag
  • jennifer m.
    "I have lived in the Elon area for three years. Elon is a quiet community with friendly neighbors and a very local feel."
    0
    Flag
  • funscienceguy
    "This is an excellent community with top schools. One was named a school of excellence. Shopping for just about anything is within 5 minutes, but it is a quiet country environment."
    0
    Flag
  • Billy C.
    "It is a very nice area, if you like trains, track less than 1/4 mile, very strict lease laws if pet owner. Neighbors not warm and friendly, almost non-existent. No one socializes, but gossip abundant... "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 Olsen Dr

  • What is 516 Olsen Dr estimated to be worth?
    Trulia's estimated value for 516 Olsen Dr in Elon, NC is $412,000.
  • What is the price history for 516 Olsen Dr?
    516 Olsen Dr in Elon, NC last sold for $287,000 in October 2019.
  • Is Elon a buyer's or seller's market?
    Elon is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Elon?
    Residents describe Elon, NC as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Elon, NC.
  • Does 516 Olsen Dr have air conditioning?
    Yes, 516 Olsen Dr in Elon, NC has air conditioning.
  • How big is the lot at 516 Olsen Dr?
    The lot at 516 Olsen Dr in Elon, NC is about 0.16 acres (6,970 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 516 Olsen Dr

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