$480,000
SOLD DEC 16, 2022

17 Olive St Bloomfield, NJ 07003

4 Beds
2.5 Baths
-- Sq Ft
25 Sq Ft Lot

Recently Sold

2% Below List Price

82 Days on Market

Highlights

  • Colonial Architecture
  • Mud Room
  • Porch
  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2022

CLASSIC BLOOMFIELD, NJ COLONIAL HOME W/ NEW WORLD FLAIR. RENOVATED WITH 4 BEDROOMS, 2.5 BATHS, BEAUTIFUL ORIGINAL HARDWOOD FLOORS, RECESSED LIGHTING, FORMAL LIVING ROOM & DINING ROOM, LARGE EAT-IN KITCHEN W/ AN INVITING CENTER ISLAND, WHITE SHAKER CABINETS, STAINLESS STEEL APPLIANCES, AND BRILLIANT TILED FLOORS, ALL NEW RENOVATED BATHROOMS STRAIGHT FROM A DESIGN SHOWROOM FLOOR. PRIMARY BEDROOM WITH PRIMARY BATHROOM, 3 MORE BEDROOMS, AND ANOTHER FULL BATHROOM ON THE SECOND LEVEL. HOME IS CONVENIENTLY LOCATED TO SHOPPING AND PUBLIC TRANSPORTATION. WALK TO NJ TRANSIT TRAIN TO NYC IN LESS THAN 10 MINUTES. PROPERTY IS LOCATED IN CRA ZONE SO IT QUALIFIES FOR LOWER INTEREST RATES AND NO PMI. DON'T MISS OUT ON THIS HOME!

Last Agent to Sell the Property

Kerwin Lynch

RE/MAX FIRST REALTY II Brokerage Phone: 973-342-7006 Listed on: 09/16/2022

RE/MAX FIRST REALTY II

Last Buyer's Agent

Maurice Negron

LIFESTYLE INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,672

Year Built

  • Built in 1911 | Remodeled

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • Mud Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Utilities

  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Porch
  • 25 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1602-00124-0000-00014-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,672

Year Built

Built in 1911 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1911
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2022
  • Street Number Display: 17
  • Directions: John F Kennedy DR S to Olive St
  • I D: 5179295
  • Modified: 2023-12-17
  • Number Images: 25
  • First Name: KERWIN
  • First Name3: MAURICE
  • Last Name: LYNCH
  • Last Name3: NEGRON
  • Office Phone: 908-664-1500
  • Attribution Contact: 973-342-7006
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 7
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Living Room, MudRoom
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Lot Size: 25 X 156
  • Assessed Improvement Value: 173700
  • Assessed Land Value: 70400
  • Assessment: 244100
  • Easement: Unknown
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7672
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00124-0000-00014-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.143
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Dec 8, 2022
Sold by
Gs 17 Olive Llc
Bought by
Rivera Michael
Seller's Agent
Kerwin Lynch
RE/MAX FIRST REALTY II
Buyer's Agent
Maurice Negron
LIFESTYLE INTERNATIONAL REALTY
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Views
90
Current Estimated Value
$553,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,794
Avg. Annual Appreciation
5.63%
Original Mortgage
$491,040
Outstanding Balance
$477,633
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$76,161

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 24, 2021
Sold by
129 Passaic Realty Llc
Bought by
Gs 17 Olive Llc
Seller's Agent
VANESSA KALLBACK
BLUE FLAGS REALTY LLC
Buyer's Agent
Karin Diana-Toder
COMPASS NEW JERSEY LLC
List Price
$270,000
Sold Price
$219,000
Premium/Discount to List
-$51,000
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.37%
Original Mortgage
$299,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 7, 2021
Sold by
Beauvais Doreen and Allen Eleanor L
Bought by
129 Passaic Realty Llc
Seller's Agent
VANESSA KALLBACK
BLUE FLAGS REALTY LLC
Buyer's Agent
Karin Diana-Toder
COMPASS NEW JERSEY LLC
List Price
$270,000
Sold Price
$219,000
Premium/Discount to List
-$51,000
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Westcor Land Title
Deed $280,000 Old Republic Natl Ttl Ins Co
Deed $219,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $33,946 New Conventional
Open $491,040 VA
Previous Owner $299,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $480,000 -1.8% --
12/07/2022 12/07/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $489,000 0.0% --
10/11/2022 10/11/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $489,000 -1.2% --
09/16/2022 09/16/22 For Sale $495,000 +126.0% --
10/07/2021 10/07/21 Sold $219,000 -18.9% $166 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $270,000 -- $205 / Sq Ft
Source: Garden State 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
2024 $10,624 $325,100 $70,400 $254,700
2022 $7,816 $244,100 $70,400 $173,700
2021 $7,672 $244,100 $70,400 $173,700
2020 $7,555 $244,100 $70,400 $173,700
2019 $7,914 $198,800 $64,000 $134,800
2018 $7,880 $198,800 $64,000 $134,800
2017 $7,761 $198,800 $64,000 $134,800
2016 $7,674 $198,800 $64,000 $134,800
2015 $7,604 $198,800 $64,000 $134,800
2014 $7,465 $198,800 $64,000 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3807705

Garden State MLS

APN: 02-00124-0000-00014