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490 Olive Boulevard

490 Olive Boulevard, Hempstead, NY 11550
Property in South Hempstead
Sold Nov 16, 2022
$865,000
$692,000 by Embrace Home Loans Inc
Mortgage Due Nov 01, 2052
Sold Nov 16, 2022
$865,000
$692,000 by Embrace Home Loans Inc
Mortgage Due Nov 01, 2052
Local assessors in Hempstead, NY have categorized 490 Olive Boulevard as a residential type of property. The home was built in 1928 and is 96 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 2 full bathrooms. There are also 3 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 490 Olive Boulevard has a total of 2,460 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 216 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 a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - C+. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding 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 gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 490 Olive Boulevard was last sold in Oct 18, 2022 for $865,000. According to our calculations, that's $351.63 per sqft. Prior to that sales transaction, the property was sold for $865,000 in Oct 18, 2022. Current property owners are expected to pay $14,420 in taxes per year. The property on 490 Olive Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $603. To break that down further, the land itself was valued at $150. While improvements to the property were assessed at a total of $453. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Private Parking
Detached Garage
Detached Garage: 1 Space
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 72
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • 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: 2,460
  • Building Area: 2,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,460
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF ROCKVILLE GARDENS
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 301 & 303 TOWN #1 SCH DIST 021

Ownership

  • Current Owner : COEN DAVID
  • Current Owner 2: AROTSKY ALLISON
  • Previous Owner : RAND LAWRENCE
  • Previous Owner 2: RAND GERALDINE
  • Owner Before Previous Owner: RAND LAWRENCE
  • Owner Before Previous Owner 2: RAND GERALDINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Rockville Centre Union Free School District
  • School Tax School District: 021
  • Census Tract: 412800

Geography

  • District: 282089
  • Section: 36
  • Parcel: 36-207-00-0301
  • Block: 207
  • Lot: 301
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6807
  • Longitude: -73.6225

    Address

  • Full Address: 490 Olive Blvd
  • Address - House Number: 490
  • Address - Street Name: Olive
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: South Hempstead
  • Carrier Code: C023
  • 4-Digit Zip Code: 8013
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,420
  • Tax Rate Code Area: 420

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 888,527
  • High Value: 1,050,083
  • Low Value: 726,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $692,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2022
  • First Open Lien Mortgage Loan Amount: $692,000
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $603,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $603
  • Assessed Land Value: $150
  • Assessed Improvements Value: $453

    Sales

  • Current Sale Contract Date: Oct 18, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11898729143
  • Current Sale Price: $865,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-110719
  • Previous Sale Recording Date: Nov 16, 2022
  • Previous Sale Contract Date: Oct 18, 2022
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Nov 16, 2022
  • First Mortgage Loan Amount: $692,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EMBRACE HOME LOANS INC
  • Previous Mortgage Transaction Date: Nov 16, 2022
  • Previous Mortgage Loan Amount: $692,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2052

About South Hempstead



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Frequently Asked Questions

What neighborhood is 490 Olive Boulevard located in?
The 490 Olive Boulevard is a located in the neighborhood of South Hempstead in South Hempstead, Hempstead.
What is the average sales price for listings in 490 Olive Boulevard?
The average sales price for units in 490 Olive Boulevard is $0 currently.

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