NOT LISTED FOR SALE

675 E Olive St Long Beach, NY 11561

Estimated Value: $1,237,000 - $1,243,258

4 Beds
4 Baths
2,116 Sq Ft
$586/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $715,000 $338 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,335/month

33 Days on Market

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lido Elementary School Rated A
  • Corner Lot
  • Porch

About This Home

As of October 2017

Blocks From The Beach, Legal 2 By C/O ! This Custom Built Raised Ranch Offers A Spacious Floor Plan With Hardwood Floors, Full Size Attic, Plenty Of Storage. Possible 5th Bedroom. A Separate 1 Bedroom Apartment With Its Own Electric & Gas Meter. Convenient Proximity To Shopping And Beaches. Tremendous Potential! A Must See !, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Stella Heath

Douglas Elliman Real Estate Brokerage Phone: 631-422-7510 License #30HE0727380 Listed on: 06/08/2017

Last Buyer's Agent

Thomas Tripodi

Douglas Elliman Real Estate License #30TR1034165

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,536

Year Built

  • Built in 1954

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 42 / 186
  • Assessor Parcel Number 1000-59-186-00-0042-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,536

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Raised Ranch, Ranch
  • Property SubType: Duplex
  • Year Built: 1954
  • Attribution Contact: 631-422-7510
  • CurrentPrice: 715000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Oil
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 80X100
  • Lot Size Sq Ft: 8000
  • Lot Features: Corner Lot
  • Parcel Number: 1000-59-186-00-0042-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 13535.96
  • Tax Block: 186
  • Tax Lot: 42

MLS Schools

  • Middle School District: Long Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Oct 16, 2017
Sold by
Tzvi Trust
Bought by
Ott Frank and Ott Rosemary
Seller's Agent
Stella Heath
Douglas Elliman Real Estate
Buyer's Agent
Thomas Tripodi
Douglas Elliman Real Estate
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%
Current Estimated Value
$1,240,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,129
Avg. Annual Appreciation
6.93%
Original Mortgage
$448,000
Outstanding Balance
$374,306
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$865,823

Purchase Details

Closed on
Jun 15, 2011
Sold by
Rigel Harold and Rigel Joyce
Bought by
Rigel Harold

Purchase Details

Closed on
Dec 10, 2010
Sold by
Rigel Harold and Rigel Joyce
Bought by
Rigel Harold and Tzvi Revocable Trust
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
Ott Frank $715,000 --
Rigel Harold -- --
Rigel Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Frank $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $715,000 -- --
10/20/2017 10/20/17 Sold $715,000 -10.5% $338 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $799,000 -- $378 / 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 $10,281 $846 $334 $512
2024 $1,361 $940 $371 $569
2023 $13,583 $1,004 $396 $608
2022 $13,583 $1,015 $396 $619
2021 $20,445 $820 $373 $447
2020 $15,671 $838 $784 $54
2019 $869 $838 $716 $122
2018 $885 $918 $0 $0
2017 $4,939 $918 $740 $178
2016 $849 $972 $706 $266
2015 $944 $1,026 $677 $349
2014 $944 $1,026 $677 $349
2013 $950 $1,080 $713 $367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L2945311

OneKey® MLS

APN: 1000-59-186-00-0042-0