NOT LISTED FOR SALE

577 Olmstead Ave Bronx, NY 10473

Castle Hill Neighborhood

Estimated Value: $545,000 - $765,000

5 Beds
2.5 Baths
1,535 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $640,000 $417 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,082/month

90 Days on Market

Highlights

  • Wood Flooring
  • Park
  • Baseboard Heating
  • Window Unit Cooling System

About This Home

As of September 2021

Bronx / Castle Hill area near Manhattan Ferry. Semi-attached nice brick 2 family house with private driveway can park 3-4 cars. Property features with 2 boilers, big duplex apt with 3 big bedrooms with 1.5 bathrooms, big eat-in kitchen, big dining room and living room, plenty of windows and closets, hardwood floor thru out. Plus 2 bedroom apt on ground floor, backyard with huge storage shed at the back can be 1 bedroom apt.. Close to plenty of schools, parks, Bruckner Shopping Mall, local buses and trains, YMCA , Boys & Girls Clubs and many more.

Last Agent to Sell the Property

Jennie Leung

NY Champions Realty Group License #10311203869 Listed on: 07/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1965

Lot Details

  • 2,627 Sq Ft Lot
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,535 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03533-0065

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1965
  • Attribution Contact: 718-362-0500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 1535.00
  • Square Footage: 1535.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2627.00
  • Lot Size Units: Acres
  • Parcel Number: 03533-0065
  • Property Attached: No

Tax Info

  • Close Date: 2021-09-01
  • Included in Taxes: Trash
  • Tax Annual Amount: 5400.00
  • Tax Map Number: 03533-0065

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Jul 14, 2020
Closed on
Sep 1, 2021
Sold by
Valiente Bill A and Valiente Michael A
Bought by
Martinez Julio A and Rosa Cruz Felicita
Seller's Agent
Jennie Leung
NY Champions Realty Group
List Price
$669,000
Sold Price
$640,000
Premium/Discount to List
-$29,000
-4.33%
Current Estimated Value
$687,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,189
Avg. Annual Appreciation
1.63%
Original Mortgage
$628,408
Outstanding Balance
$571,805
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,384
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martinez Julio A $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Julio A $628,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $640,000 -2.9% $417 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $659,000 -1.5% $429 / Sq Ft
07/28/2020 07/28/20 Price Changed $669,000 -1.5% $436 / Sq Ft
07/15/2020 07/15/20 Price Changed $679,000 +1.5% $442 / Sq Ft
07/14/2020 07/14/20 For Sale $669,000 -- $436 / 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 $6,074 $30,240 $6,343 $23,897
2024 $6,074 $30,240 $6,782 $23,458
2023 $5,799 $28,556 $6,880 $21,676
2022 $5,378 $30,540 $8,760 $21,780
2021 $1,458 $29,820 $8,760 $21,060
2020 $1,500 $29,160 $8,760 $20,400
2019 $1,475 $25,620 $8,760 $16,860
2018 $1,277 $23,797 $7,376 $16,421
2017 $2,223 $22,450 $7,860 $14,590
2016 $1,271 $21,180 $8,760 $12,420
2015 $760 $21,000 $9,720 $11,280
2014 $760 $21,000 $9,720 $11,280
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennie Leung

    NY Champions Realty Group

    (718) 362-0500

    5 in this area

    49 Total Sales

    Jennie Leung
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6054311

OneKey® MLS

APN: 03533-0065

New York Bronx County Bronx 10473 Castle Hill

577 Olmstead Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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