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325 East Olive Street

325 East Olive Street, Long Beach, NY 11561
Multifamily in East End South
325 East Olive Street has been categorized by the local assessors in Long Beach, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 325 East Olive Street has 2,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 357 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 325 East Olive Street sold most recently in Dec 2, 2020 for a total of $735,000. If you work out the math, that's approximately a cost of $349.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,294 in taxes each year. 325 East Olive Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $671. If we break it down further, the land itself was valued at $261. Improvements to the property, however, were assessed at a total of $410. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Private Entrance

Driveway

Driveway

Parking

Tandem Parking
Private Parking

Location

Near Public Transit
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200916
09/16/2020
4 Bed
4 Bath
-
$729,000
bedrooms
4 Bed
bathrooms
4 Bath
$729,000
12/09/2020
-
Debra C Walsh Gusler
EXIT Realty Premier

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 357
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,104
  • Building Area: 2,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,104
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #5 SCH DIST 028

Ownership

  • Current Owner : LIU TRUST
  • Previous Owner : HALCYON REALTY LLC
  • Owner Before Previous Owner: HALCYON REALTY LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416701

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-141-00-0052
  • Block: 141
  • Lot: 52-53
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5872
  • Longitude: -73.6543

    Address

  • Full Address: 325 E Olive St
  • Address - House Number: 325
  • Street Direction: E
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 3615
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,294
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 933,531
  • High Value: 1,101,366
  • Low Value: 765,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $551,250
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $551,250
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $671,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $671
  • Assessed Land Value: $261
  • Assessed Improvements Value: $410

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Transaction ID: 11810240863
  • Current Sale Price: $735,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-123506
  • Previous Sale Recording Date: May 13, 2011
  • Previous Sale Contract Date: Apr 29, 2011
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Dec 16, 2020
  • First Mortgage Loan Amount: $551,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 13, 2011
  • Previous Mortgage Loan Amount: $9,277
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2041

About East End South



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Nearby Rentals

Unit for rent at

$3,900 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,500 ft²
Listing by Gina M Amen

Frequently Asked Questions

What neighborhood is 325 East Olive Street located in?
The 325 East Olive Street is a multifamily located in the neighborhood of East End South in East End South, Long Beach.
What is the average sales price for listings in 325 East Olive Street?
The average sales price for units in 325 East Olive Street is $0 currently.

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