NOT LISTED FOR SALE

2205 Olinville Ave Bronx, NY 10467

Allerton Neighborhood

Estimated Value: $826,000 - $840,741

Studio
-- Bath
2,392 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $739,000 $309 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,076/month

34 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Pelham Parkway (2,5 Line)
  • Granite Countertops
  • P.S. 96 The Richard Rodgers School Rated 9+
  • Wood Flooring
  • Balcony

About This Home

As of May 2022

A Commuters Dream! Excellent opportunity to own a recently renovated 2 Family Home. This property could make a great investment property! Walking distance to Bronx Zoo, Parks, Subway, Shopping, and a few minutes from Hospital & majors highways! Come see this 2 family home featuring a 3 bedroom unit over a 3 bedroom unit and a full walkout basement with driveway that will be delivered vacant and move in ready!

Last Agent to Sell the Property

Larry King

Adam Street Realty LLC License #10491200827 Listed on: 02/01/2022

Last Buyer's Agent

Vincent Richards

Exit Realty Group License #10401220077

Exit Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 1930 | Remodeled in 2021

Lot Details

  • 3,480 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement
  • Granite Countertops

Parking

  • Public Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04338-0035

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

$7,163

Year Built

Built in 1930 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2021
  • Attribution Contact: 914-969-6960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Basement: Partially Finished, Walk-Out Access
  • Living Area: 2392.00
  • Square Footage: 2392.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Oil, Hot Water, Steam
  • Hot Water: Electric Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3480.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04338-0035
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-05-11
  • Included in Taxes: Trash
  • Tax Annual Amount: 7163.00
  • Tax Map Number: 04338-0035

Multi Family

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

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
Feb 1, 2022
Closed on
May 11, 2022
Sold by
Olinville 22 Corp
Bought by
Paredes Diana C
Seller's Agent
Larry King
Adam Street Realty LLC
Buyer's Agent
Vincent Richards
Exit Realty Group
List Price
$749,900
Sold Price
$739,000
Premium/Discount to List
-$10,900
-1.45%
Current Estimated Value
$854,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,531
Avg. Annual Appreciation
3.35%
Original Mortgage
$714,335
Outstanding Balance
$678,905
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,030

Purchase Details

Closed on
Sep 3, 2020
Sold by
Nwankwo Emmanuel
Bought by
Olinville 22 Corp

Purchase Details

Closed on
Apr 25, 2018
Sold by
Aniegboka Ngozi A
Bought by
Nwankwo Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Caputo Rita and Urzo James
Bought by
Aniegboka Ngozi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
6.28%
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
Paredes Diana C $739,000 --
Olinville 22 Corp $460,000 --
Nwankwo Emmanuel $465,000 --
Aniegboka Ngozi A $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Diana C $714,335
Previous Owner Nwankwo Emmanuel $430,000
Previous Owner Aniegboka Ngozi A $391,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $739,000 -1.5% $309 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $749,900 -- $314 / 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 $7,340 $38,738 $13,759 $24,979
2024 $7,340 $36,547 $12,930 $23,617
2023 $7,422 $36,547 $13,276 $23,271
2022 $7,202 $42,600 $16,260 $26,340
2021 $7,163 $42,360 $16,260 $26,100
2020 $6,833 $44,580 $16,260 $28,320
2019 $6,371 $39,240 $16,260 $22,980
2018 $6,208 $30,456 $13,942 $16,514
2017 $6,129 $30,066 $11,774 $18,292
2016 $5,670 $28,365 $14,531 $13,834
2015 $3,421 $26,902 $12,282 $14,620
2014 $3,421 $25,380 $13,560 $11,820
Source: Public Records

Agents Affiliated with this Home

  • Larry King

    Seller's Agent in 2022

    Larry King

    Adam Street Realty LLC

    (914) 969-6960

    1 in this area

    9 Total Sales

    Larry King
    Section Image
  • Vincent Richards

    Buyer's Agent in 2022

    Vincent Richards

    Exit Realty Group

    (914) 439-7852

    1 in this area

    44 Total Sales

    Vincent Richards
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6164364

OneKey® MLS

APN: 04338-0035

New York Bronx County Bronx 10467 Allerton

2205 Olinville Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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