NOT LISTED FOR SALE

427 Olmstead Ave Bronx, NY 10473

Castle Hill Neighborhood

Estimated Value: $705,426 - $776,000

5 Beds
2 Baths
1,944 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $660,000 $340 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,367/month

58 Days on Market

Highlights

  • Property is near public transit
  • Finished Attic
  • 2 Car Detached Garage
  • Private Lot
  • Balcony
  • Galley Kitchen

About This Home

As of August 2022

Great Investment Opportunity! Stop paying rent and pay yourself! Beautiful Brick attached 1 Family styled like a 2 family in the Castle Hill area of The Bronx. This beautiful home sits on a very quiet, and peaceful residential block close to all transportation offering a driveway with parking for 2 cars. The walkout basement unit has entrance to the front and access to nice size backyard and offers 2 large spacious bedrooms, 1 full bath, spacious living room with a nice size open style kitchen. 2nd floor unit offers a spacious living room, dining room, great size open style kitchen, with access to a beautiful spacious balcony with stairs that gives access to the backyard. The 3rd floor on this duplex unit offers 3 large spacious size bedrooms and 1 full bath. Close to all Major highways, Throggs Neck & White Stone Bridge, YMCA, Bay Plaza Mall.

Last Agent to Sell the Property

Jeffrey Inoa

Voro LLC License #10401325749 Listed on: 02/28/2022

Co-Listed By

Jesus Peña

Empire City Properties, LLC License #10401360719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1965

Lot Details

  • 1,943 Sq Ft Lot
  • Private Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Split Level Home
  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • Finished Attic
  • Galley Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Refrigerator
  • Assessor Parcel Number 03507-0051

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,342

Year Built

Built in 1965

Lot Details

1,943 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level, Bilevel, Trilevel
  • Property SubType: Single Family Residence
  • Exclusions: Refrigerator
  • Year Built: 1965
  • Attribution Contact: 877-943-8676
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Multi Level, Open kitchen, Walk Through Kitchen
  • Living Area Units: Square Feet
  • Attic Description: Finished
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 1944.00
  • Square Footage: 1944.00

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Private

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1943.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 03507-0051
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-30
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 5342.00
  • Tax Map Number: 03507-0051

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 28, 2022
Closed on
Aug 30, 2022
Sold by
Poueriet Sonia
Bought by
Islam Md Ziaul and Islam Jery Umme
Seller's Agent
Jeffrey Inoa
Voro LLC
List Price
$615,000
Sold Price
$660,000
Premium/Discount to List
$45,000
7.32%
Current Estimated Value
$745,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,857
Avg. Annual Appreciation
3.50%
Original Mortgage
$603,000
Outstanding Balance
$576,326
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,531

Purchase Details

Closed on
Jan 29, 2008
Sold by
Familia Juan A
Bought by
Poueriet Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Nieves Sylvia
Bought by
Familia Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Castor Catalina
Bought by
Nieves Centeno Radames and Nieves Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Verwayne Wilbert and Verwayne Elaine
Bought by
Castor Catalina P and Castor Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Islam Md Ziaul $670,000 --
Poueriet Sonia $447,000 --
Familia Juan A $305,000 --
Nieves Centeno Radames $180,000 --
Castor Catalina P $162,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Md Ziaul $603,000
Previous Owner Poueriet Sonia $417,000
Previous Owner Familia Juan A $152,500
Previous Owner Nieves Centeno Radames $178,500
Previous Owner Castor Catalina P $153,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $660,000 -1.5% $340 / Sq Ft
04/28/2022 04/28/22 Price Changed $670,000 +5.5% $345 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $635,000 +3.3% $327 / Sq Ft
02/28/2022 02/28/22 For Sale $615,000 -- $316 / Sq Ft
Source: OneKey® MLS

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 $5,831 $30,326 $6,410 $23,916
2024 $5,831 $29,030 $6,451 $22,579
2023 $5,896 $29,030 $6,451 $22,579
2022 $5,381 $31,080 $7,800 $23,280
2021 $5,334 $28,620 $7,800 $20,820
2020 $5,053 $29,880 $7,800 $22,080
2019 $4,768 $26,280 $7,800 $18,480
2018 $4,634 $24,192 $7,524 $16,668
2017 $4,524 $23,662 $7,614 $16,048
2016 $4,153 $22,323 $7,780 $14,543
2015 $2,672 $21,060 $8,640 $12,420
2014 $2,672 $20,160 $8,640 $11,520
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeffrey Inoa

    Voro LLC

  • J

    Seller Co-Listing Agent in 2022

    Jesus Peña

    Empire City Properties, LLC

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Map

Source: OneKey® MLS

MLS Number: KEY6166510

OneKey® MLS

APN: 03507-0051

New York Bronx County Bronx 10473 Castle Hill

427 Olmstead Ave, Bronx, NY

Not Listed for Sale

Detached

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