NOT LISTED FOR SALE

261 E Beech St Long Beach, NY 11561

Estimated Value: $1,113,000 - $1,222,412

6 Beds
4 Baths
3,032 Sq Ft
$385/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,200,000 $396 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,307/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Car Attached Garage
  • Lido Elementary School Rated A
  • 1 Fireplace
  • Ductless Heating Or Cooling System

About This Home

As of November 2021

Welcome home to this STUNNING newly renovated Colonial with LEGAL accessory apartment in the Westholme section of Long Beach. Two short blocks to the beach! Brand new kitchens, bathrooms, wood floors, electrical, and plumbing. Gas for heating/cooking! TURN KEY!

Last Agent to Sell the Property

Amanda Lavender

Signature Premier Properties License #10401330977 Listed on: 07/27/2021

Signature Premier Properties

Last Buyer's Agent

Dejing Dong

E Realty International Corp License #10401318565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,636

Year Built

  • Built in 1949 | Remodeled in 2021

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Ductless Heating Or Cooling System
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 65 / 122

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,636

Year Built

Built in 1949 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Mint++
  • Levels: Two
  • Building Size: 3032
  • Year Built: 1949
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-224-4600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Brick, Vinyl Siding
  • Flood Zone Date: 2021-07-28
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: y
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School
  • High School: Long Beach High School
  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.1400
  • Lot Size Area: 0.1400
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-22
  • Tax Annual Amount: 15636.16
  • Tax Block: 122
  • Tax Lot: 65
  • Tax Other Annual Assessment Amount: 6125.17

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 19, 2021
Sold by
Wolfpack Enterprise Llc
Bought by
Dong De Jing
Seller's Agent
Amanda Lavender
Signature Premier Properties
Buyer's Agent
Dejing Dong
E Realty International Corp
List Price
$1,269,000
Sold Price
$1,200,000
Premium/Discount to List
-$69,000
-5.44%
Current Estimated Value
$1,167,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,294
Avg. Annual Appreciation
-0.70%
Original Mortgage
$825,000
Outstanding Balance
$757,015
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$410,691

Purchase Details

Closed on
Mar 19, 2021
Sold by
Reichbart Trust and Reichbart
Bought by
Wolfpack Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2019
Sold by
Reichbart Charney
Bought by
Reichbart Trust

Purchase Details

Closed on
Nov 19, 1999
Sold by
Reichbart Charney
Bought by
Reichbart Jonathan I and Reichbart Charney
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dong De Jing $1,200,000 Stewart Title
Dong De Jing $1,200,000 Stewart Title
Wolfpack Enterprises Llc $729,000 First American Title
Wolfpack Enterprises Llc $729,000 First American Title
Reichbart Trust -- None Available
Reichbart Trust -- None Available
Reichbart Jonathan I -- Chicago Title Insurance Co
Reichbart Jonathan I -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong De Jing $825,000
Closed Dong De Jing $825,000
Previous Owner Wolfpack Enterprises Llc $783,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $1,200,000 -3.9% $396 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $1,249,000 -1.6% $412 / Sq Ft
08/03/2021 08/03/21 For Sale $1,269,000 -- $419 / 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 $13,089 $962 $337 $625
2024 $1,588 $962 $337 $625
2023 $11,821 $902 $337 $565
2022 $11,821 $902 $337 $565
2021 $21,516 $864 $323 $541
2020 $7,756 $964 $776 $188
2019 $938 $964 $728 $236
2018 $945 $1,028 $0 $0
2017 $5,333 $1,092 $733 $359
2016 $1,146 $1,156 $699 $457
2015 $1,026 $1,220 $670 $550
2014 $1,026 $1,220 $670 $550
2013 $1,020 $1,284 $705 $579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3333292

OneKey® MLS

APN: 1000-59-127-00-0065-0