$1,570,000
SOLD SEP 9, 2024

28 W Olive St Long Beach, NY 11561

5 Beds
4 Baths
2,556 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$614 Per Sq Ft

2% Below List Price

77 Days on Market

Highlights

  • Beach Access
  • Deck
  • Wood Flooring
  • Lido Elementary School Rated A
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of September 2024

FANTASTIC LOCATION !! This recently renovated home in the very desirable Westholme Area of Long Beach is only a few short blocks from the beach/boardwalk and the LIRR. It's also close to shopping, fabulous restaurants, houses of worship, and about one mile from the West End. This home is currently utilized as a 2 family home, but can also be easily converted back to a single-family home, if desired. Whether you're interested in living in one unit to use as a summer getaway while generating rental income from the other unit or are an investor looking to rent out both units as a long-term investment, this house is perfect for all homeowners looking to call the action-packed "City by the Sea" home. This 2550-square-foot home has 5 Bedrooms and 4 bathrooms. Completely renovated in 2017, it was completely gutted down to the studs to code with all-new electrical, plumbing, Central HVAC, hardwood oak floors, windows, doors, kitchens, and bathrooms. Featuring a wood-burning fireplace, 9-foot ceilings throughout, and an open concept that's ideal for entertaining. The basement is also fully finished, with an office and ample closet space. Each floor has its own separate Heat, Central AC & Electric. 1st FLOOR - 1,400 square feet. Kitchen with 8 foot island, granite countertops, open concept double living room with fireplace, 2 Bedrooms, 2 Full Bathrooms (one Full Bath is part of the Master Suite), Large private patio, Front Porch, full finished basement with office & separate laundry room. 2nd FLOOR - 1,160 square feet. Kitchen with granite countertops, open concept to living room and 20 x 12 outdoor private deck, 3 Bedrooms, 2 Full Bathrooms & separate laundry room, attic storage. * Low Taxes - Total taxes are $16,035 without STAR Exemption The property's outdoor spaces include a front porch, a large backyard patio for entertaining, beautiful landscaping, and a well-maintained yard with an in-ground sprinkler system, an outdoor shower, and room for a pool. The second floor has a large balcony deck right off of the open living room and kitchen area. Property is 60 x 100. 2-car Garage and private driveway with parking for 4 cars, adding convenience for either residents or tenants. Whether you're looking for a summer getaway, a long-term investment, or a combination of both, this 2-family home in Long Beach is an opportunity not to be missed. House is fully occupied, 1st Floor will be vacant upon closing. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Detached,

Last Agent to Sell the Property

David White

Owner Entry.com Brokerage Phone: (617) 542-9300 License #10371201849 Listed on: 05/20/2024

Last Buyer's Agent

Michael Nolan

Douglas Elliman Real Estate License #10401334371

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,035

Year Built

  • Built in 1923 | Remodeled in 2017

Lot Details

  • 5,998 Sq Ft Lot
  • Front and Back Yard Sprinklers

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 2,556 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Contact Agent Elementary School
  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Hydro-Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1000-59-086-00-0027-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,035

Year Built

Built in 1923 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property SubType: Single Family Residence
  • Year Built: 1923
  • Year Built Effective: 2017
  • Attribution Contact: (617) 542-9300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, First Floor Bedroom, Granite Counters, Master Downstairs, Primary Bathroom
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full, See Remarks
  • Inclusions: Oven/Range,Second Dishwasher,Second Refrigerator,Second Stove
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2556
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Frame, Stucco
  • Waterfront Features: Beach Access
  • Patio and Porch Features: Deck, Patio, Porch
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached, Driveway, Garage Door Opener, Off Street

Utilities

  • Cooling: Central Air, Individual Units
  • Heating: Hydro Air, Natural Gas, Wood
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.1377
  • Lot Size Area: 0.1377
  • Lot Size Sq Ft: 5998
  • Lot Features: Near Public Transit, Near School, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 1000-59-086-00-0027-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 16035
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Long Beach High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Sep 5, 2024
Sold by
Mascioli Paul M and Mascioli Linda M
Bought by
Francis Robert Eros and Brummer Nicole Alexandra
Seller's Agent
David White
Owner Entry.com
Buyer's Agent
Michael Nolan
Douglas Elliman Real Estate
List Price
$1,598,000
Sold Price
$1,570,000
Premium/Discount to List
-$28,000
-1.75%
Current Estimated Value
$1,564,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,353
Avg. Annual Appreciation
-0.81%
Original Mortgage
$1,200,000
Outstanding Balance
$1,189,965
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$369,260

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 28, 2016
Sold by
Harris Arthur B and Ira Harris Third Party Special Needs Tru
Bought by
Mascioli Neil and Mascioli Paul M
Seller's Agent
Joe Sinnona
EXP Realty
Buyer's Agent
Joe Sinnona
EXP Realty
List Price
$749,000
Sold Price
$635,000
Premium/Discount to List
-$114,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$508,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
Soloway Beatrice
Bought by
Ira Harris Third Party Specialneeds Trus and Harris
Source: Public Records

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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
Bargain Sale Deed $1,570,000 Judicial Title
Bargain Sale Deed $1,570,000 Judicial Title
Trustee Deed $635,000 Fidelity National Title Insu
Trustee Deed $635,000 Fidelity National Title Insu
Trustee Deed $635,000 Fidelity National Title Insu
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Closed $1,200,000 New Conventional
Previous Owner $648,750 New Conventional
Previous Owner $508,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $635,000 -- --
09/16/2024 09/16/24 Sold $1,570,000 0.0% $614 / Sq Ft
09/09/2024 09/09/24 Sold $1,570,000 -1.8% $614 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
06/26/2024 06/26/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,598,000 0.0% $625 / Sq Ft
05/18/2024 05/18/24 For Sale $1,598,000 +151.7% $625 / Sq Ft
10/07/2016 10/07/16 Sold $635,000 -9.2% $248 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/06/2016 05/06/16 Price Changed $699,000 -6.7% $273 / Sq Ft
04/15/2016 04/15/16 For Sale $749,000 -- $293 / 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 $1,023 $703 $290 $413
2024 $1,023 $698 $287 $411
2023 $8,545 $801 $325 $476
2022 $8,545 $726 $299 $427
2021 $17,671 $783 $290 $493
2020 $14,126 $984 $794 $190
2019 $9,236 $1,125 $908 $217
2018 $10,481 $1,125 $0 $0
2017 $5,552 $1,125 $858 $267
2016 $1,138 $1,191 $645 $546
2015 $1,043 $1,257 $681 $576
2014 $1,043 $1,257 $681 $576
2013 $1,728 $1,676 $908 $768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6308248

OneKey® MLS

APN: 1000-59-086-00-0027-0