$219,000
SOLD OCT 7, 2021

17 Olive St Bloomfield, NJ 07003

4 Beds
2 Baths
1,320 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

19% Below List Price

14 Days on Market

Highlights

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

About This Home

As of December 2022

This Fixer-Upper near Downtown Bloomfield is priced for Owner-Occupants looking to renovate and make it their own. Floor 1: LR, DR, 1 BA, + large EIK, which exits to a fenced-in backyard. Floor 2: Office, 2 BD, 1 BA. Floor 3: Finished walk-up attic comprised of 2 BD. Basement: Full, Unfinished. Short distance to local shops, restaurants, public transportation, downtown Bloomfield, and Watsessing Park. Close to GSP and I-280. Note: Kitchen ceiling has some water damage due to an existing roof leak. Being sold strictly "As-Is." Financing: Cash or 203k only.

Last Agent to Sell the Property

VANESSA KALLBACK

BLUE FLAGS REALTY LLC Listed on: 08/09/2021

Last Buyer's Agent

Karin Diana-Toder

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,554

Year Built

  • Built in 1911

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Formal Dining Room
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Watsessing Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Oil Water Heater

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,554

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1911
  • Year Built Description: Approximate
  • County Name: Essex
  • Possible Other Uses: Multi-Family
  • Street Number Display: 17
  • Directions: From JFK Dr S, turn right onto Olive St
  • I D: 5095160
  • Modified: 2022-10-08
  • Number Images: 1
  • First Name: VANESSA
  • First Name3: KARIN
  • Last Name: KALLBACK
  • Last Name3: DIANA-TODER
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Vinyl-Linoleum, Wood
  • Appliances: CookElec, Refrigerator
  • Number Rooms: 10
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Level: Second
  • Estimated Sq Ft: 1320
  • Phone: 973-696-0077

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: From Furnace, Oil

Schools

  • Elementary School: WATSESSING
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 0.09
  • Assessed Improvement Value: 173700
  • Assessed Land Value: 70400
  • Assessment: 244100
  • Easement: Unknown
  • Lot Identifier: 14
  • Lot I D 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: 7554
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00124-0000-00014-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.095
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: WATSESSING

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

Similar Home in Bloomfield, NJ

  • 40 Brighton Ave, Bloomfield, NJ 07003

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    • 1 Bath
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    House is in need of repairs and is sold strictly as-is. Buyer responsible for all city inspections.

    SCOTT OSINOFF KELLER WILLIAMS - NJ METRO GROUP

    Section Image

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: 3733515

Garden State MLS

APN: 02-00124-0000-00014