NOT LISTED FOR SALE

225 E Walnut St Long Beach, NY 11561

Estimated Value: $992,508 - $1,078,000

5 Beds
4 Baths
2,368 Sq Ft
$437/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $1,350,000 $570 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,278/month

56 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Cathedral Ceiling
  • Lido Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of December 2023

Long Beach 2 Family Home in the Heart of Long Island. (First Floor) Features Open Concept with Porcelain Floors, 3 Bedrooms, 1 Full Bathroom w/steam shower & heated floors, Living Room, Formal Dining Room, Den, Radiant Heated Floor Throughout, Eat-in-Kitchen w/ granite counters, wolf stovetop range, storage, bar, sub-zero refrigerator. (Second Floor) Bright & Airy w/ cathedral ceilings, Living Rm/ Den w/sliding doors to double front deck, Dining Area, 2 Bedrooms, loft w/storage, 2 Full Bathrooms w/heated floors, skylights, W/D, Utilities, EIK w/open concept, granite counters, sub-zero refrigerator, wolf top range. Basement w/7ft ceilings, 2 bedrooms, 1 full bathroom w whirlpool bath &i/steam shower, laundry, utilities. Side Entrance, Beautiful Backyard w/gardening. Near Beach, Shopping, Restaurants & LIRR

Last Agent to Sell the Property

Madeline Dallek

Realty Connect USA LLC Brokerage Email: mdallek@realtyconnectusa.com License #10301203127 Listed on: 07/12/2023

Realty Connect USA LLC

Co-Listed By

Suzanne Goldberg

Realty Connect USA LLC Brokerage Email: mdallek@realtyconnectusa.com License #30GO0811044

Last Buyer's Agent

Fritz Bruno

Coldwell Banker American Homes License #40BR1057888

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,733

Year Built

  • Built in 1949 | Remodeled in 2015

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Private Entrance
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • L-Shaped Dining Room
  • Formal Dining Room
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • East Elementary School
  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Exclusions: Bread Warmer
  • Legal Lot and Block 47 / 125
  • Assessor Parcel Number 1000-59-125-00-0047-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,733

Year Built

Built in 1949 | Remodeled in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: Bread Warmer
  • Year Built: 1949
  • New Construction: No
  • Year Built Effective: 2015
  • Attribution Contact: mdallek@realtyconnectusa.com
  • Co List Office Mls Id: ONERLLE02
  • Co List Office Phone: 516-714-3606
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Washer, Tankless Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Granite Counters, L Dining, Living Room/Dining Room Combo, Storage, Wet Bar
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Cook Top,Dishwasher,Dryer,Microwave,Second Dishwasher,Second Dryer,Second Stove,Second Washer,Wall Oven,Whirlpool Tub
  • Total Bedrooms: 5
  • Window Features: Skylight(s)
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Stone, Stucco
  • Fencing: Back Yard, Fenced
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • NumberOfHeatingZones: 9

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-125-00-0047-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 17732.66
  • Tax Block: 125
  • Tax Lot: 47
  • Tax Other Annual Assessment Amount: 7474.77
  • Tax Map Number: 1000-59-125-00-0047-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: East Elementary School
  • High School: Long Beach High School
  • Middle School District: Long Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Dec 12, 2023
Sold by
Salazar Edmundo P
Bought by
Patel Vikas
Seller's Agent
Madeline Dallek
Realty Connect USA LLC
Buyer's Agent
Fritz Bruno
Coldwell Banker American Homes
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Views
163
Current Estimated Value
$1,035,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314,746
Avg. Annual Appreciation
-12.31%
Original Mortgage
$1,080,000
Outstanding Balance
$1,059,284
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
-$24,030

Purchase Details

Closed on
Feb 15, 2019
Sold by
Edmundo P Salazar and Ines M Salazar Estate
Bought by
Salazar Edmundo P

Purchase Details

Closed on
Aug 13, 2009
Sold by
Oq Partners Llc
Bought by
Thompson Claudia Waitword

Purchase Details

Closed on
Nov 16, 2005
Sold by
George Henry Waitword

Purchase Details

Closed on
Aug 15, 2005
Sold by
Waitword George

Purchase Details

Closed on
Aug 10, 2005
Sold by
Waitword Karl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Patel Vikas $1,350,000 Am Trust Title Insurance Co
Patel Vikas $1,350,000 Am Trust Title Insurance Co
Salazar Edmundo P -- None Available
Salazar Edmundo P -- None Available
Salazar Edmundo P -- None Available
Thompson Claudia Waitword -- --
Salazar Ines M $399,000 --
Salazar Ines M $399,000 --
Salazar Ines M $399,000 --
-- $4,600 --
-- $4,600 --
-- $3,680 --
-- $3,680 --
-- $2,500 --
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vikas $1,080,000
Closed Patel Vikas $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $1,350,000 -3.5% $570 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $1,399,000 -- $591 / Sq Ft
Source: OneKey® MLS

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 $10,439 $725 $254 $471
2024 $1,288 $738 $259 $479
2023 $10,258 $785 $275 $510
2022 $10,258 $785 $275 $510
2021 $19,611 $752 $235 $517
2020 $18,284 $1,054 $723 $331
2019 $1,551 $1,121 $790 $331
2018 $1,504 $1,170 $0 $0
2017 $7,785 $1,170 $762 $408
2016 $1,444 $1,170 $597 $573
2015 $1,554 $1,266 $646 $620
2014 $1,554 $1,266 $646 $620
2013 $1,898 $1,618 $825 $793
Source: Public Records

Agents Affiliated with this Home

  • Madeline Dallek

    Seller's Agent in 2023

    Madeline Dallek

    Realty Connect USA LLC

    (516) 316-8375

    2 in this area

    27 Total Sales

    Madeline Dallek
    Section Image
  • Suzanne Goldberg

    Seller Co-Listing Agent in 2023

    Suzanne Goldberg

    Realty Connect USA LLC

    (888) 236-6319

    1 in this area

    31 Total Sales

    Suzanne Goldberg
    Section Image

  • F

    Buyer's Agent in 2023

    Fritz Bruno

    Century 21 American Homes

    (516) 922-0656

    1 in this area

    46 Total Sales

    Fritz Bruno
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3490670

OneKey® MLS

APN: 1000-59-125-00-0047-0

New York Nassau County Long Beach 11561

225 E Walnut St, Long Beach, NY

Not Listed for Sale

MultiFamily

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