NOT LISTED FOR SALE

Estimated Value: $803,000 - $899,000

5 Beds
3.5 Baths
2,325 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $785,000 $338 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,000/month

29 Days on Market

About This Home

As of November 2023

Bronx of Olmstead Ave. On a quiet block beautiful 2 family attached with 2 car parking driveway with backyard build in 1988 in excellent condition. 1/fl ( 2 bedroom apt 1 bath apt). 2/fl ( formal living room, formal dining room, 1/2 bath and kitchen with big outdoor patio. 3/fl ( 3 bedrooms with 2 full bathrooms). Central AC, new lights, 2 yrs old hot water heaters, new windows, new bathroom in master bedroom, new sliding doors, brand new roof 2022, hardwood floor thru out, recessed lights , 2 boilers and 2 hot water heaters. Close to schools, buses, shopping and all. BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Jennie Leung

NY Champions Realty Group Brokerage Phone: (718) 362-0500 License #10311203869 Listed on: 08/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Driveway

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03532-0153

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1988
  • Attribution Contact: (718) 362-0500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Central Air, Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Parcel Number: 03532-0153
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6600
  • Tax Map Number: 03532-0153
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Nov 15, 2023
Sold by
He Jian Ping and Richardson Edward D
Bought by
Irrazaba Christina and Irrazaba Eusebio
Seller's Agent
Jennie Leung
NY Champions Realty Group
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Views
481
Current Estimated Value
$851,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,926
Avg. Annual Appreciation
3.93%
Original Mortgage
$715,331
Outstanding Balance
$703,018
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,908

Purchase Details

Closed on
Sep 21, 2022
Sold by
Richardson Edward
Bought by
He Jian Ping and Richardson Edward D

Purchase Details

Closed on
Apr 28, 2009
Sold by
Richardson Edward and Rivera-Richardson Adeniz
Bought by
Richardson Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2002
Sold by
Lamadieu Rodrigue A
Bought by
Richardson Edward and Rivera-Richards Adeniz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Irrazaba Christina $785,000 --
He Jian Ping -- --
Richardson Edward -- --
Richardson Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irrazaba Christina $715,331
Previous Owner Richardson Edward $273,000
Previous Owner Richardson Edward $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $785,000 -1.8% $338 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $799,000 0.0% $344 / Sq Ft
01/31/2023 01/31/23 Rented $2,525 +9.8% --
01/09/2023 01/09/23 For Rent $2,300 -- --
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 $6,438 $33,977 $4,978 $28,999
2024 $6,438 $32,054 $5,376 $26,678
2023 $6,226 $32,054 $5,383 $26,671
2022 $6,064 $39,960 $7,920 $32,040
2021 $6,013 $37,560 $7,920 $29,640
2020 $5,697 $32,760 $7,920 $24,840
2019 $5,295 $32,760 $7,920 $24,840
2018 $5,148 $26,712 $6,716 $19,996
2017 $5,104 $26,510 $7,525 $18,985
2016 $4,690 $25,010 $7,452 $17,558
2015 $3,306 $23,595 $7,829 $15,766
2014 $3,306 $22,260 $8,820 $13,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6263558

OneKey® MLS

APN: 03532-0153