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122 West Olive Street

122 West Olive Street, Long Beach, NY 11561
Multifamily in Central District
Local assessors in Long Beach, NY have categorized 122 West Olive Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 122 West Olive Street has a total of 3,538 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 220 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 15, 2019 for $780,000. That's $220.46 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2003 for $675,000. 122 West Olive Street was last assessed in 2023. The total value of the property was assessed at $741. Specifically, the land the property is located on was valued at $292. While improvements on the property were assessed at a total of $449. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,966. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180831
08/31/2018
6 Bed
4 Bath
-
$879,000
bedrooms
6 Bed
bathrooms
4 Bath
$780,000 -11.26%
04/04/2019
Andrea Tafuri
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,538
  • Gross Building Area: 3,538
  • Building Area: 3,538
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,538
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #5 SCH DIST 028

Ownership

  • Current Owner : OHANA MOSHE
  • Previous Owner : MARANS DAVID
  • Owner Before Previous Owner: MURPHY NEIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416600

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-073-00-0030
  • Block: 73
  • Lot: 30-32
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5867
  • Longitude: -73.6678

    Address

  • Full Address: 122 W Olive St
  • Address - House Number: 122
  • Street Direction: W
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3314
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,966
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,066,676
  • High Value: 1,256,994
  • Low Value: 876,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Apr 04, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $741,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $741
  • Assessed Land Value: $292
  • Assessed Improvements Value: $449

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Apr 04, 2019
  • Current Sale Transaction ID: 11600034693
  • Current Sale Price: $780,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019-028765
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Contract Date: Feb 07, 2003
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 04, 2019
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Central District



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Frequently Asked Questions

What neighborhood is 122 West Olive Street located in?
The 122 West Olive Street is a multifamily located in the neighborhood of Central District in Central District, Long Beach.
What is the average sales price for listings in 122 West Olive Street?
The average sales price for units in 122 West Olive Street is $849,000 currently.

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