$80,000
SOLD OCT 4, 2017

37 Olive St Bloomfield, NJ 07003

3 Beds
2 Baths
-- Sq Ft
32 Sq Ft Lot

Recently Sold

14% Above List Price

42 Days on Market

Highlights

  • Home Office
  • Enclosed patio or porch
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of December 2020

Colonial home offering living room, dining room, eat in kitchen. three bedrooms. Great quite location close to all needs, NYC transportation, Shopping, and schools. Off Street parking. Nice size backyard for entertainment. basement with great potential. A must see!! Property sold in as is condition, with buyer/buyers agent responsible for all municipal/state inspections/certificates and costs/repairs prior to closing at own expense. This property is eligible under Freddie Mac First Look Initiative through first 20 days from initial date of 8/14/17

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Listed on: 08/14/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1849

Home Design

  • Composition Shingle

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil Below Ground
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • 32 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1602-00124-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1849

Lot Details

0

Listing Details

  • Style: 1/2 Duplex, Multi Floor Unit
  • Primary Style: 1/2 Duplex
  • Subproperty Type: Single Family
  • Year Built: 1849
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 37
  • Directions: John F. Kennedy Dr. S to Olive St.
  • I D: 4739026
  • Modified: 2021-09-23
  • Number Images: 12
  • First Name: JORGE
  • First Name3: UNKNOWN
  • Last Name: VELASQUEZ
  • Last Name3: AGENT
  • Office Phone: 973-450-4000
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Bath(s) Other
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Level: Third
  • Other Room 3: Storage Room
  • Other Room3 Level: Third
  • Level 1 Rooms: Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Office, Storage Room
  • Phone: 973-450-4000

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Enclosed Porch(es), Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 32 X 127
  • Assessed Improvement Value: 126400
  • Assessed Land Value: 61000
  • Assessment: 187400
  • Easement: Unknown
  • Lot Identifier: 4
  • 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: 7233
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00124-0000-00004-0000-
  • Tax Rate Amount: 3.860
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 21, 2020
Sold by
Perez Michael and Jimenez Jose G
Bought by
Webb Saynia
Seller's Agent
Yaritza Bonasio
UNITED REAL ESTATE
Buyer's Agent
DARRYL BARNES
KELLER WILLIAMS ELITE REALTORS
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$540,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,279
Avg. Annual Appreciation
7.06%
Original Mortgage
$316,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 29, 2017
Sold by
Fhlmc
Bought by
Mr 3 Realty Llc
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
List Price
$69,900
Sold Price
$80,000
Premium/Discount to List
$10,100
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.20%
Original Mortgage
$80,000
Interest Rate
3.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 19, 2011
Sold by
Nerese Maria M
Bought by
Nerese Maria M and Eliacin Junior

Purchase Details

Closed on
Sep 13, 2002
Sold by
Sibilia Joseph
Bought by
Nerese Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.2%

Purchase Details

Closed on
Apr 9, 1992
Sold by
Lonergan Anna M
Bought by
Sibilia Joseph and Rose Mary Whelphy
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $395,000 Foundation Title Llc
Deed $80,000 --
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Deed $153,000 --
Quit Claim Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $316,000 New Conventional
Previous Owner $80,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $144,000 Construction
Previous Owner $315,600 New Conventional
Previous Owner $242,500 Future Advance Clause Open End Mortgage
Previous Owner $137,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $395,000 0.0% --
10/22/2020 10/22/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $395,000 +7.5% --
10/10/2019 10/10/19 Sold $367,500 -0.7% --
08/07/2019 08/07/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $370,000 -2.4% --
06/14/2019 06/14/19 Price Changed $379,000 -2.6% --
06/13/2019 06/13/19 Price Changed $389,000 -2.8% --
05/02/2019 05/02/19 For Sale $400,000 +400.0% --
10/04/2017 10/04/17 Sold $80,000 +14.4% --
09/25/2017 09/25/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $69,900 -- --
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 $11,762 $359,900 $66,900 $293,000
2022 $11,524 $359,900 $66,900 $293,000
2021 $10,491 $333,800 $66,900 $266,900
2020 $10,331 $333,800 $66,900 $266,900
2019 $6,469 $162,500 $61,000 $101,500
2018 $6,442 $162,500 $61,000 $101,500
2017 $7,316 $187,400 $61,000 $126,400
2016 $7,234 $187,400 $61,000 $126,400
2015 $7,168 $187,400 $61,000 $126,400
2014 $7,037 $187,400 $61,000 $126,400
Source: Public Records

Agents Affiliated with this Home

  • Yaritza Bonasio

    Seller's Agent in 2020

    Yaritza Bonasio

    UNITED REAL ESTATE

    (201) 212-3335

    1 in this area

    15 Total Sales

    Yaritza Bonasio
    Section Image

  • D

    Buyer's Agent in 2020

    DARRYL BARNES

    KELLER WILLIAMS ELITE REALTORS

  • H

    Seller's Agent in 2019

    Hope Field

    Coldwell Banker, Fort Lee

    Section Image
  • Jorge Velasquez

    Seller's Agent in 2017

    Jorge Velasquez

    RE/MAX

    (973) 418-0425

    13 in this area

    227 Total Sales

    Jorge Velasquez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3411202

Garden State MLS

APN: 02-00124-0000-00004

New Jersey Essex County Bloomfield 07003

37 Olive St, Bloomfield, NJ

This home is located at 37 Olive St, Bloomfield, NJ 07003 and is currently priced at $80,000. This property was built in 1849. 37 Olive St is a home located in Essex County with nearby schools including Watsessing Elementary School, Bloomfield Middle School, and Bloomfield High School.

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