When was property at 7 Olive Street built and last sold?

The property at 7 Olive Street was built in 1953 and last sold on Dec 22, 2020 for $1,871,500.

How much is this home worth?

The estimated value of the home located at 7 Olive Street is $2,006,032.

What are some comparable homes to 7 Olive Street?

There are currently no comparable homes to 7 Olive Street.

Lake Success

11020

Lake Success

7 Olive Street

$1,800,000

● House - Off Market

7 Olive Street

North Hempstead, NY 11020

5 Beds

4 Baths

5,000 Ft²

$3,172,362

RealtyHop Estimate

58.78%

Since Dec 1, 2016

NY-New York

Primary Model

About This Property

This Magnificent Multi Level Was Custom Designed And Completely Renovated In 2007 With The Finest Materials. Features 5 Brs, 4 Bths, Massive Kit W/2 Dishwashers, Huge Mstr Br Suite W/Gas Burning Fpl & Balcony, Den W/ Wood Burning Fpl & Wet Bar, Alarm , Radiant Heat In Kit, Den & 4 Baths, Lovely Backyard W/Gas Bbq, Pond W/Fountain, Lake Success Golf Club And South Schools, Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes

Unit Size

5,000 Ft²

Days on Market

Land Size

0.30 acres

Price per sqft

$400

Property Type

House

Property Taxes

$2,958

HOA Dues

Year Built

1953

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Last updated: 5 months ago (OneKey MLS #KEYL2853404)

Price History

Date / Event	Date	Event
Jan 8, 2021	Sold	Premium
Sold
Nov 22, 2016	Sold	Premium
Sold
May 17, 2016	Listed by LAFFEY REAL ESTATE	$1,998,000
Listed by LAFFEY REAL ESTATE

Property Highlights

Air Conditioning

Garage

Fireplace

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1953
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Bathroom Plumbing Fixtures: 3
Building Condition: 3
Building Quality: 6
Construction Type: 15
Building Style: 41
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 20
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 200
Garage Type: 17
Garage Square Area: 200
Parking Space Count: 1
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,199

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 1,130
Total Building Area: 4,538
Building Area: 4,538
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 4,538
Heating Fuel Type: 6

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000303
Standard Land Use Code: 1001
County Land Use Code: 2100
Legal Description 1: TOWN #2 SCH DIST 007

Neighborhood

School District Name: Great Neck Union Free School District

School Tax School District: 007
School Tax District Code 2: SU
Census Tract: 300901

Geography

District: 282219

Section: 8
Parcel: 08-251-00-0022
Block: 251
Lot: 22
Municipality: LAKE SUCCESS
Latitude: 40.7617
Longitude: -73.7025

Address

Full Address: 7 Olive St

Address - House Number: 7
Address - Street Name: Olive
Address - Suffix Type: St
State: NY
City Name: Great Neck
Carrier Code: C056
4-Digit Zip Code: 1626
Zip Code: 11020

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,389,762
Tax Rate Code Area: 856

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jun 28, 2023
Confidence Score: 76
Final Value: 2,392,653
High Value: 2,825,583
Low Value: 1,959,723

Market Valuation

Market Total Value: $1,637,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,637
Assessed Land Value: $449
Assessed Improvements Value: $1,188

Sales

Current Sale Contract Date: Dec 22, 2020

Current Sale Recording Date: Jan 08, 2021
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 2021-002057
Previous Sale Recording Date: Nov 22, 2016
Previous Sale Contract Date: Nov 08, 2016
Previous Sale Amount: $1,800,000
Previous Sale Document Type: 12

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Great Neck

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$647

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2806 ft²

Average Home Age

64.4 years

Currently For Sale

137 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 12 Bond Street, Great Neck, NY, 11021

$6,999 /mo

2 Beds
2 Baths

12 Bond Street #5B, Great Neck, NY, 11021 Listing by Jouliet Mairzadeh Sakhai

Unit for rent at 22 Olive Street, Great Neck, NY, 11020

$10,000 /mo

4 Beds
3 Baths
3,390 ft²

22 Olive Street, Great Neck, NY, 11020 Listing by Edna Mashaal

Unit for rent at 60 Wimbledon Drive, Roslyn, NY, 11576

$7,800 /mo

3 Beds
2 Baths
2,360 ft²

60 Wimbledon Drive #60, Roslyn, NY, 11576 Listing by Ronit Berman CBR

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 5 months ago
Data Source: OneKey MLS

7 Olive Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Great Neck

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions