NOT LISTED FOR SALE

577 Olmstead Ave Bronx, NY 10473

Castle Hill Neighborhood

Estimated Value: $646,603 - $777,000

5 Beds
2.5 Baths
1,535 Sq Ft
$461/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

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

Est. 11% increase in value since last sale

Current estimated payment $4,262 / mo

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

2,627 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 1, 2021
Sold by
Bought by
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
$707,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,651
Avg. Annual Appreciation
2.13%
Original Mortgage
$628,408
Outstanding Balance
$563,008
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,643
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$640,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,074 $30,499 $6,185 $24,314
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
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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

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