NOT LISTED FOR SALE

1111 Olmstead Ave Bronx, NY 10472

Unionport Neighborhood

Estimated Value: $806,000 - $981,000

7 Beds
2 Baths
2,460 Sq Ft
$349/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $725,000 $295 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,330/month

284 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Heating System Uses Steam

About This Home

As of February 2021

Parkchester Area- Great 2 Family detached home. First floor has 3 bedrooms, living room, kitchen, and full bath. Second floor is large with 4 bedrooms, living room, kitchen, and full bath. Basement is completely finished with seperate entrance and full bath. This great home has a new roof 2 years old, new oil tank, 2 new hot water tanks and new boiler 2 years old , new front porch roof and the chimney has new aluminum insulation. Nice backyard. 2 blocks from the #6 train all shops and major highways! This great 2 family home won't last.

Last Agent to Sell the Property

Carmen Acevedo

Century 21 Future Homes Realty License #40AC1013183 Listed on: 01/19/2020

Century 21 Future Homes Realty

Last Buyer's Agent

Rafiqul Murad

Winzone Realty Inc License #40MU1177975

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1935

Lot Details

  • 2,213

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 2,213 Sq Ft Lot
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03800-0050

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1935
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 7
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Other
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0508
  • Lot Size Area: 0.0508
  • Lot Size Sq Ft: 2213
  • Building Area Total: 2460
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03800-0050
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2460
  • Tax Year: 2018

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Akther Rumana Sheikh Farjana and Bibi Rahima
Bought by
Bibi Rahima and Islam Shafiqul
Current Estimated Value
$866,507

Purchase Details

Listed on
Jan 19, 2020
Closed on
Feb 2, 2021
Sold by
Garcia John
Bought by
Bibi Rahima and Islam Shafiqul
Seller's Agent
Carmen Acevedo
Century 21 Future Homes Realty
Buyer's Agent
Rafiqul Murad
Winzone Realty Inc
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$648,656
Outstanding Balance
$583,633
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,995

Purchase Details

Closed on
Mar 31, 2006
Sold by
Garcia John and Murillo Irene
Bought by
Garcia John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Mathew Rachel and Mathew Sam K
Bought by
Garcia John and Murillo Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bibi Rahima -- --
Bibi Rahima -- --
Bibi Rahima $750,000 --
Bibi Rahima $750,000 --
Garcia John -- --
Garcia John -- --
Garcia John $430,000 --
Garcia John $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bibi Rahima $25,640
Open Bibi Rahima $648,656
Closed Bibi Rahima $648,656
Previous Owner Garcia John $495,000
Previous Owner Garcia John $408,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $725,000 -- --
02/02/2021 02/02/21 Sold $725,000 0.0% $295 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
09/30/2020 09/30/20 Off Market $725,000 -- --
09/02/2020 09/02/20 Price Changed $735,000 0.0% $299 / Sq Ft
09/02/2020 09/02/20 For Sale $735,000 +1.4% $299 / Sq Ft
07/13/2020 07/13/20 Off Market $725,000 -- --
06/11/2020 06/11/20 Price Changed $750,000 -1.3% $305 / Sq Ft
05/20/2020 05/20/20 Price Changed $760,000 -1.2% $309 / Sq Ft
05/06/2020 05/06/20 Price Changed $769,000 0.0% $313 / Sq Ft
05/06/2020 05/06/20 For Sale $769,000 +6.1% $313 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/01/2020 03/01/20 Off Market $725,000 -- --
01/19/2020 01/19/20 For Sale $735,000 -- $299 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,035 $35,510 $5,763 $29,747
2024 $7,035 $35,028 $6,416 $28,612
2023 $6,711 $33,046 $6,311 $26,735
2022 $6,224 $42,420 $8,880 $33,540
2021 $6,228 $41,400 $8,880 $32,520
2020 $6,264 $36,540 $8,880 $27,660
2019 $6,106 $33,000 $8,880 $24,120
2018 $5,614 $27,538 $8,352 $19,186
2017 $5,296 $25,980 $8,880 $17,100
2016 $4,930 $24,660 $8,880 $15,780
2015 $3,076 $26,040 $9,840 $16,200
2014 $3,076 $25,315 $9,566 $15,749
Source: Public Records

Agents Affiliated with this Home

  • Carmen Acevedo

    Seller's Agent in 2021

    Carmen Acevedo

    Century 21 Future Homes Realty

    (917) 653-0402

    3 in this area

    18 Total Sales

    Section Image
  • Rafiqul Murad

    Buyer's Agent in 2021

    Rafiqul Murad

    Winzone Realty Inc

    (718) 690-3607

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: H6006248

OneKey® MLS

APN: 03800-0050

New York Bronx County Bronx 10472 Unionport

1111 Olmstead Ave, Bronx, NY

This home is located at 1111 Olmstead Ave, Bronx, NY 10472 since 19 January 2020 and is currently estimated at $857,431, approximately $348 per square foot. This property was built in 1935. 1111 Olmstead Ave is a home located in Bronx County with nearby schools including The Dr Emmett W. Bassett School, St Helena School, and St. Helena Commercial High School.

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