NOT LISTED FOR SALE

Estimated Value: $626,873 - $698,000

3 Beds
2 Baths
1,594 Sq Ft
$420/Sq Ft Est. Value

Last Sold November 21, 2017

Current estimated payment $3,840/month

133 Days on Market

Highlights

  • Community Garden
  • Garage
  • Laundry Facilities

About This Home

As of November 2017

447 Olmstead Ave is a Beautiful One-Family Brick Home located in the Castle Hill area of the Bronx. The property is equipped with a driveway and garage. Inside this beautiful home you have a large living area, open concept kitchens alongside a dining area, a laundry room and office space. Also, 3 Bedrooms & 2 full baths. On the ground floor there is a finished Mother-Daughter Apartment with access to the very spacious backyard.

This 1,594 square foot house sits on a 1,980 square foot lot. Building dimensions 18 ft x 36 ft Current tax bill $3,166. This property was built in 1965 . Nearby schools include: Bronx Mathematics Preparatory Academy, Archimedes Academy for Math, Science and Technolog and PS 182 Elementary School. The closest grocery stores are J & J Delicatessan, La Isla Food Corporation and Steve's Corner Deli Grocery. Nearby coffee shops include Veritaly, Bianchi Coffee. Nearby restaurants include Empire Fish & Shrimp, Maravillas Bar & Grill and Yarora Restaurant is near Castle Hill Park, Hermon A MacNeil Park and Lafayette Avenue Park. There are excellent bike lanes and the terrain is flat as a pancake.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 18.0 x 110.0

Parking

  • Garage

Interior Spaces

  • 1,594 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 143 / 3507

Community Details

Overview

  • Castle Hill Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Norton Avenue/Lacombe Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Castle Hill
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 1594.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 18.0 x 110.0

Building Info

  • Total Stories: 3
  • Year Built: 1965

Tax Info

  • Tax Block: 3507
  • Tax Lot: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Nov 20, 2017
Sold by
Ceballos Laura E and Ceballos Rafael A
Bought by
Rahaman Mohammad M and Sultana Razia
Current Estimated Value
$669,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$276,743
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,975

Purchase Details

Closed on
Oct 27, 2006
Sold by
Rivera Cesar and Rivera Elba
Bought by
Ceballos Laura E and Ceballos Rafael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,625
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Rahaman Mohammad M $425,000 --
Ceballos Laura E $19,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahaman Mohammad M $330,000
Previous Owner Ceballos Laura E $377,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold -- -- --
09/06/2017 09/06/17 Pending -- -- --
04/26/2017 04/26/17 For Sale -- -- --
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 $4,477 $23,628 $4,289 $19,339
2024 $4,477 $22,291 $3,845 $18,446
2023 $4,510 $22,205 $4,087 $18,118
2022 $4,416 $28,500 $6,240 $22,260
2021 $4,392 $28,920 $6,240 $22,680
2020 $4,168 $24,840 $6,240 $18,600
2019 $3,886 $24,840 $6,240 $18,600
2018 $3,772 $18,504 $4,897 $13,607
2017 $3,458 $18,435 $4,866 $13,569
2016 $3,167 $17,392 $5,138 $12,254
2015 $1,902 $16,408 $6,140 $10,268
2014 $1,902 $15,480 $6,960 $8,520
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10057705

Real Estate Board of New York (REBNY)

APN: 03507-0143