When was property at 508 Olin Drive built and last sold?

The property at 508 Olin Drive was built in 1963 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 508 Olin Drive is $490,770.

What are some comparable homes to 508 Olin Drive?

There are currently no comparable homes to 508 Olin Drive.

Waxhaw

28173

508 Olin Drive

Map

$499,000

↓ $950 (0.2%)

● House - For Sale

508 Olin Drive

Waxhaw, NC 28173

3 Beds

2 Baths

1,039 Ft²

$2,451

Est. Monthly

About This Property

Completely renovated in 2025 - down to the studs and rebuilt from there. This 3-bedroom, 2-bathroom ranch on a 0.34-acre wooded lot in downtown Waxhaw was taken through a total gut renovation: new plumbing, new electrical, new HVAC, new insulation, new roof, new windows, new flooring, new drywall, fresh paint, and new appliances throughout. Nothing was patched - it was replaced. The open floor plan is filled with natural light, anchored by a fully renovated kitchen with ample cabinetry and workspace. The primary suite includes a walk-in closet. A detached 2-car garage and city water and sewer round out the practical details. Location is a real advantage here: Accessible to downtown Waxhaw's shops, dining, and schools, on a private wooded lot that doesn't feel like a typical in-town setting. No HOA 1,039 square feet, fully rebuilt in 2025. Nothing left to renovate - just move in.

Unit Size

1,039 Ft²

Days on Market

Land Size

0.34 acres

Price per sqft

$480

Property Type

House

Property Taxes

HOA Dues

Year Built

1963

Listed By

Tracy Dowling

Homecoin.com

Payment Calculator

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Last updated: 3 months ago (CANOPYMLS #CAR4380877)

Price History

Date / Event	Date	Event
Sep 4, 2026	Price Decreased	$499,000 ↓ $950 (0.2%)
Price Decreased
May 12, 2026	Temporarily off market	-
Temporarily off market
May 12, 2026	Listed by Homecoin.com	$499,950
Listed by Homecoin.com
Apr 18, 2026	Price Decreased	$524,000 ↓ $25K (4.6%)
Price Decreased
Feb 17, 2026	Price Decreased	$549,000 ↓ $900 (0.2%)
Price Decreased
Oct 21, 2025	Listed by Homecoin.com	$549,900
Listed by Homecoin.com

	Welcome to this beautifully renovated (2025) home tucked away on a quiet street in the heart of Downtown Waxhaw. 508 Olin Drive offers the perfect blend of comfort, functionality, and modern updates ideal for the empty nester or young household. Stroll to downtown and the new park built 2025 Step inside to find an open, light-filled floor plan with inviting living spaces, a well-appointed kitchen featuring ample cabinetry and workspace, and seamless flow into the dining and great rooms. Generous bedrooms provide privacy and flexibility, while the primary suite serves as a relaxing retreat with a spacious closet and inviting bathroom retreat. Outside, enjoy a gently sloping large private backyard ready for your new pool or outdoor patio. Located just minutes from downtown Waxhaw’s shops, dining, parks, and top-rated Union County schools, this home combines small-town charm with everyday convenience.
Sep 11, 2024	Sold	Premium
Sold
Apr 23, 2024	Listed by My Townhome	$215,000
Listed by My Townhome

	Commissioner’s sale Waxhaw home that is so close to everything. This brick ranch is in need of repairs. The large lot is a great option for expansion or a new build. Amazing location just 1/2 a mile to downtown Waxhaw's restaurants, shops and hot spots and scenic historic avenue. The new Waxhaw downtown park is slated to be open this year and is right around the corner. Inspection available. *An offer of $225,750 or higher and deposit of 5% required to upset the current bid. Upset bid period ends 8/1/2024* Terms of a commissioner's sale require all bids to be submitted for approval. Once a bid is selected, a 10 day upset bid period will begin. Subject to court approval. Home to be sold as-is and where-is. Occupant would like to stay in the home but does not have a lease. Home will likely convey with occupant. *Please do not trespass or bother the occupant. Full access will be given to the winning bidder** 5% earnest money deposit required. No due diligence.

Property Highlights

Garage

Parking Details

Has Garage

Parking Features: Detached, Garage Door Opener

Garage Spaces: 2

Interior Details

Full Bathrooms: 2

Interior Features: Walk-In Closet(s)

Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker

Flooring Type: Tile, Wood

Laundry Features: Common Area, Electric Dryer Hookup, Lower Level, Washer Hookup

Exterior Details

Square Footage: 1039

Architectural Style: Ranch

Year Built: 1963

Levels: One

Other Structures: See Remarks

Window Features: Insulated Windows

Construction Materials: Fiber Cement, Brick Partial

Patio and Porch Features: Front Porch

Lot Features: Wooded

Lot Size Area: 0.34

Lot Size Units: Acres

Lot Size Acres: 0.34

Lot Size Square Feet: 14810.4

Water Source: Public

Financial Details

Tax Assessed Value: $175,900

Utilities Details

Cooling Type: Ceiling Fan(s)

Heating Type: Heat Pump

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Amenities: Dog Park, Picnic Area

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 17
Building Style: 15
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,723

Total Building Area: 1,008
Gross Building Area: 1,050
Building Area: 1,008
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 14
Heated Square Feet: 1,008
Heating Fuel Type: 5

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: HILLCREST TWNSHP 5
Land Acres: 0000000338
Standard Land Use Code: 1008
Legal Description 1: 508 OLIN DR 508 OLIN

Neighborhood

School District Name: Union County Public Schools

Census Tract: 021014

Zoning

Zoning: R-3 WAXHAW

Geography

District: 5

Parcel: 05-114-169
Municipality: JACKSON TWP
Latitude: 34.9201
Longitude: -80.7462

Address

Full Address: 508 Olin Dr

Address - House Number: 508
Address - Street Name: Olin
Address - Suffix Type: Dr
State: NC
City Name: Waxhaw
Carrier Code: R005
4-Digit Zip Code: 8869
Zip Code: 28173

Valuation

Tax

Tax Year: 2023

Tax Amount: $147,668
Initial Tax Delinquent Year: 2020
Tax Rate Code Area: 528

Appraisal Valuation

Standard Deviation: 0.1497

Valuation Date: Nov 15, 2023
Confidence Score: 81
Final Value: 267,071
High Value: 307,072
Low Value: 227,069

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $145,500

Market Land Value: $50,000
Market Improvement Value: $95,500

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $145,500
Assessed Land Value: $50,000
Assessed Improvements Value: $95,500

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Waxhaw

Stats & Trends

Median Asking:

$599,970

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

Average Home Size

2685 ft²

Average Home Age

14.8 years

Currently For Sale

101 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$9,450 /mo

3 Beds
2 Baths
1,400 ft²

180 North Broome Street #24A, Waxhaw, NC 28173 Listing by Eliza Zdanowska

Unit for rent at 309 Mckibben Street, Waxhaw, NC, 28173

$2,200 /mo

3 Beds
2 Baths

309 Mckibben Street, Waxhaw, NC, 28173 Listing by Mickey Worthington

Unit for rent at 1024 Arbury Way, Waxhaw, NC, 28173

$2,845 /mo

5 Beds
4 Baths
2,922 ft²

1024 Arbury Way, Waxhaw, NC, 28173 Listing by Jill McGovern

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Tracy Dowling, Homecoin.com
Last Updated: 3 months ago
Data Source: CANOPYMLS, MLS# CAR4380877

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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. Properties may or may not be listed by the office/agent presenting the information.