See Home Value
$439,900
● House - Off Market

1037 Olive Drive

Garner, NC 27529
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,848 Ft²
$2,458
Est. Monthly
5.19%
Cap Rate

About This Property

This stunning 1.5-Story Home with In-Law Suite on 1.35 acres. This beautifully maintained 5-bedroom, 4-bathroom home offers over 2,800 sq. ft. of versatile living space, nestled on a quiet cul-de-sac with no HOA fees. As you step inside, you'll be greeted by a spacious living room and an open, inviting layout filled with natural light. The home features laminate flooring throughout, a smart Wi-Fi system, and a laundry room for added convenience. Recent upgrades include a new deck with railing, a new well pump in 2023, a new hot water heater in 2024, and the septic system was pumped and cleaned in 2024. The oversized 2-car garage provides plenty of space for vehicles, and there's also a large parking pad for additional parking. The yard is partially fenced, offering privacy and plenty of outdoor space for enjoyment. Plus a 1-year home warranty for added peace of mind.

The In-Law Suite is a standout feature, offering a private entrance, kitchenette, living room, and a first-floor primary suite with a walk-in closet. A bright sunroom adds extra comfort and natural light, making it an ideal space for extended family or guests.
Unit Size
2,848 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$154
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1992

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Last updated: 11 months ago (TMLS #10120412)

Price History

Date / Event Date Event Price
Dec 18, 2025 Sold
Sold
Nov 10, 2025 In contract -
In contract
Nov 4, 2025 Price Decreased $439,900
↓ $30K (6.4%)
Price Decreased
Oct 12, 2025 Price Decreased $469,900
↓ $12K (2.5%)
Price Decreased
Sep 7, 2025 Listed by HomeSmart Expert Realty $481,900
Listed by HomeSmart Expert Realty
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,806
  • Total Building Area: 3,053
  • Gross Building Area: 4,546
  • Building Area: 3,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 3,053
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHGATE SUBDIVISION
  • Land Acres: 0000001350
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LOT 177 SOUTHGATE SEC IX 36/279

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 35
  • School Tax District Code 2: 06
  • Census Tract: 041107

Zoning

  • Zoning: RAG

Geography

  • Assessors Map Reference: BK: 36 PG: 279
  • Account Number: 2000230331
  • District: 6
  • Section: 9
  • Parcel: 06E03011Y
  • Lot: 177
  • Municipality: MCLEMORE-CLEVELAND
  • Latitude: 35.5793
  • Longitude: -78.5692

    Address

  • Full Address: 1037 Olive Dr
  • Address - House Number: 1037
  • Address - Street Name: Olive
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Garner
  • Carrier Code: R011
  • 4-Digit Zip Code: 8612
  • Zip Code: 27529

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $236,347
  • Tax Rate Code Area: C,FR35

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 81
  • Final Value: 464,619
  • High Value: 535,314
  • Low Value: 393,923

    Market Valuation

  • Market Total Value: $302,040
  • Market Land Value: $57,380
  • Market Improvement Value: $244,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,040
  • Assessed Land Value: $57,380
  • Assessed Improvements Value: $244,660

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020669482
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southgate


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 196 Clarence, Garner, NC, 27529

$1,869 /mo

  • 3 Beds
  • 2 Baths
196 Clarence, Garner, NC, 27529 Listing by Demilade Ogunnowo


Frequently Asked Questions

When was property at 1037 Olive Drive built and last sold?
The property at 1037 Olive Drive was built in 1992 and last sold on Jul 13, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 1037 Olive Drive is $0.
What are some comparable homes to 1037 Olive Drive?
There are currently no comparable homes to 1037 Olive Drive.