NOT LISTED FOR SALE

555 W Olive St Long Beach, NY 11561

Estimated Value: $858,996 - $900,000

3 Beds
2 Baths
1,828 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $584,000 $319 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,765/month

99 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lido Elementary School Rated A
  • 1 Fireplace
  • Detached Garage

About This Home

As of September 2019

Priced to sell!! Castle By The Sea. 3 Bdrm, 2 Bth, beautiful Classic Spanish Colonial, The outside is stucco, inside Formal Dining Room, updated spacious Kitchen is the heart of the home, lots of counter space, gas cooking & a breakfast bar w/ sliding doors leading out to the backyard. Huge Living Room w/ a Large Frplce, 2 story cathedral ceiling wonderful winter nights. Wood floors of red and white oak thru-out the house. New 80' concrete driveway to 1 car detached garage., Additional information: Appearance:Excellent,Separate Hotwater Heater:y

Last Agent to Sell the Property

Thomas Hennerty

Thomas S Hennerty License #36HE1140165 Listed on: 03/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,306

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • Detached Garage

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 52 / 25
  • Assessor Parcel Number 1000-59-025-00-0052-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,306

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Heating: Natural Gas, Steam
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Parcel Number: 1000-59-025-00-0052-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 9305.98
  • Tax Block: 25
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Aug 30, 2019
Sold by
Sweeny Richard J and Sweeny Elizabeth
Bought by
Faultless Axelson Sarah and Faultless Axelson Jennifer
Seller's Agent
Thomas Hennerty
Thomas S Hennerty
List Price
$675,000
Sold Price
$584,000
Premium/Discount to List
-$91,000
-13.48%
Current Estimated Value
$879,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,498
Avg. Annual Appreciation
6.89%
Original Mortgage
$467,000
Outstanding Balance
$409,949
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$463,624

Purchase Details

Closed on
Apr 23, 1999
Sold by
Nicholson David
Bought by
Sweeny Richard J and Sweeny Elizabeth
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
Faultless Axelson Sarah $584,000 Blackstone Land Title Agency
Sweeny Richard J $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faultless Axelson Sarah $467,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $584,000 -- --
09/05/2019 09/05/19 Sold $584,000 -2.5% $319 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/07/2019 06/07/19 Price Changed $599,000 -3.2% $328 / Sq Ft
05/09/2019 05/09/19 Price Changed $619,000 -4.6% $339 / Sq Ft
04/19/2019 04/19/19 Price Changed $649,000 -1.7% $355 / Sq Ft
04/18/2019 04/18/19 Price Changed $660,000 -2.2% $361 / Sq Ft
03/27/2019 03/27/19 For Sale $675,000 -- $369 / 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 $944 $540 $242 $298
2024 $944 $526 $236 $290
2023 $7,698 $558 $250 $308
2022 $7,698 $558 $250 $308
2021 $11,125 $656 $294 $362
2020 $8,536 $1,047 $866 $181
2019 $1,449 $1,047 $866 $181
2018 $4,748 $1,047 $0 $0
2017 $6,130 $1,047 $736 $311
2016 $1,292 $1,047 $736 $311
2015 $1,512 $1,232 $866 $366
2014 $1,512 $1,232 $866 $366
2013 $1,445 $1,232 $866 $366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3112872

OneKey® MLS

APN: 1000-59-025-00-0052-0