NOT LISTED FOR SALE

446 Olmstead Ave Unit 1 AND 2 Bronx, NY 10473

Castle Hill Neighborhood

Estimated Value: $772,000 - $1,044,000

6 Beds
3 Baths
2,500 Sq Ft
$382/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $672,000 $269 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,873/month

155 Days on Market

About This Home

As of January 2018

PLEASE NOTE, OPEN HOUSE "BY APPOINTMENT" ONLY - NO WALK-INS!

2-FAMILY BRICK TOWNHOUSE WITH 5-BR 2-BATH DUPLEX & 3-BR 1-BATH IN CASTLE HILL

Here is your opportunity to purchase a perfect turn-key investment property in Castle Hill! This 2-family brick townhouse features a 5-bedroom 2-bath duplex apartment on the first 2 levels and a 3-bedroom 1-bath apartment on the 3rd floor. As you walk into the 5-bedroom duplex, you will immediately notice the beautiful hardwood floors. The open-concept kitchen has been updated with new stainless steel appliances. Walk through the large living room with a dining area onto a private fenced-in backyard, which is perfect for entertaining. Also on the first floor you will find a fully renovated bath with a shower, bedroom and laundry. On the second level you will find 4 more bedrooms, including a master bedroom, as well as a renovated full bath with a double vanity and a bath tub. There is ample closet space in every bedroom. The 3rd floor features a separate 3-bedroom 1-bath apartment with a private street entrance. The kitchen and bath have both been recently updated. There are hardwood floors throughout and plenty of closet space. The front of the house has enough space to park 4 cars. Annual taxes are only $5,067 without STAR and $4,774 per year with Basic STAR. Just a few blocks way you'll find the Pugsley Creek Park, Bx22 and Bx36 bus stops (Bx22 can take you to the #6 train), Bronx YMCA and plenty of stores, supermarkets and restaurants. This is an amazing investment opportunity and won't last!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,064

Lot Details

  • 2,222

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Block 03508

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Castle Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,064

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Castle Hill
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 2500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No

Building Info

  • New Construction: No
  • Units: 2

Tax Info

  • Tax Block: 03508
  • Tax Annual: 5064.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Jan 16, 2018
Sold by
Pagan Edith and Pagan Herman
Bought by
Diakite Sanata
List Price
$672,000
Sold Price
$672,000
Current Estimated Value
$973,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,174
Avg. Annual Appreciation
5.78%
Original Mortgage
$687,321
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Diakite Sanata $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diakite Sanata $695,000
Closed Diakite Sanata $687,321
Previous Owner Pagan Herman $224,519
Previous Owner Pagan Herman $34,000
Previous Owner Pagan Herman $170,000
Previous Owner Pagan Herman $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $672,000 0.0% $269 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
07/16/2017 07/16/17 For Sale $672,000 -- $269 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,525 $32,486 $5,091 $27,395
2024 $6,525 $32,486 $5,666 $26,820
2023 $6,548 $32,240 $5,539 $26,701
2022 $6,072 $52,920 $8,340 $44,580
2021 $6,039 $43,980 $8,340 $35,640
2020 $5,730 $38,040 $8,340 $29,700
2019 $5,663 $35,220 $8,340 $26,880
2018 $5,477 $26,867 $7,168 $19,699
2017 $4,328 $25,347 $7,812 $17,535
2016 $3,965 $23,913 $7,273 $16,640
2015 $2,717 $22,560 $9,240 $13,320
2014 $2,717 $22,560 $9,240 $13,320
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049331

Real Estate Board of New York (REBNY)

APN: 03508-0026