NOT LISTED FOR SALE

275 E Walnut St Long Beach, NY 11561

Estimated Value: $889,812 - $1,093,000

5 Beds
3.5 Baths
1,798 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $800,000 $445 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,661/month

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Car Detached Garage
  • Lido Elementary School Rated A
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of October 2020

Amazing Legal 2 Family House Featuring: Large Open Kitchen layout with All New Stainless Steel Appliances, Over Spread of Cabinets including a Walk-In Pantry, Huge Granite Counter Space, Breakfast Nook leads to Glass Sliding Doors that leads to the Rear Deck. Half Bath. Large Living Room With Fireplace and Sunny, Private Office/Sunroom off of the Living Room. *Upstairs Features: Master Bedroom with Full Private Bathroom, 2 Additional Bedrooms, Separate Full Bath With New Washer/Dryer. Full Attic with Pull Down Attic Steps. Hardwood Floors Throughout. Driveway for 3 Cars plus Private Garage. Beautifully Landscaped Property. Sprinkler Systems Around the Property, Retaining Wall in Front of House for Seasonal Garden. Covered Deck For Entertaining: All Year Round. A Must to See! * Two Bedroom Apartment has been Totally Renovated, in Mint Condition with a Private Washer/Dryer. Low Flood Insurance $1,105 a Year

Last Agent to Sell the Property

Cindy O'Brien

Realty Connect USA LLC Brokerage Email: cobrien254@yahoo.com License #40OB0812551 Listed on: 07/24/2020

Last Buyer's Agent

Jennifer McConnell

BERKSHIRE HATHAWAY License #10301215201

BERKSHIRE HATHAWAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,922

Year Built

  • Built in 1942 | Remodeled in 2014

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • No Common Walls
  • Private Entrance
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property is near public transit

Schools

  • Long Beach High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 167 / 125
  • Assessor Parcel Number 1000-59-125-00-0167-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,922

Year Built

Built in 1942 | Remodeled in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1942
  • New Construction: No
  • Year Built Effective: 2014
  • BuildingSize: 50X100
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Stucco
  • Fencing: Fenced
  • Exterior Features: Private Entrance, Sprinkler System
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Sewer: Sewer
  • GarbageRemoval: Public
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-125-00-0167-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity
  • Available Date: 2020-11-06

Multi Family

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

Tax Info

  • Tax Annual Amount: 16922.27
  • Tax Block: 125
  • Tax Lot: 167
  • Tax Map Number: 1000-59-125-00-0167-0
  • IncludedInTaxes: Sewer,Trash,Water

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 24, 2020
Closed on
Oct 22, 2020
Sold by
Pearson Rachel Louise
Bought by
Fraser Michaela and Kirschbaum Bryce
Seller's Agent
Cindy O'Brien
Realty Connect USA LLC
Buyer's Agent
Jennifer McConnell
BERKSHIRE HATHAWAY
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Total Days on Market
0
Current Estimated Value
$991,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,406
Avg. Annual Appreciation
4.76%
Original Mortgage
$640,000
Outstanding Balance
$574,368
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$417,038

Purchase Details

Closed on
Jul 9, 2014
Sold by
Conklin Richard and Finnerty Susan M
Bought by
Pearson Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
Sep 28, 2012
Sold by
Centenni Risa L and Centenni Joseph S
Bought by
Conklin Richard and Finnerty Susan M
Seller's Agent
Jennifer Mullin
Coldwell Banker American Homes
Buyer's Agent
Kathleen Ryan
Coldwell Banker American Homes
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Rebbeck Risa and Centenni Risa
Bought by
Centenni Risa L and Centenni Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2000
Sold by
Gross David
Bought by
Rebbeck Risa
Source: Public Records

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Range of Values:

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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
Fraser Michaela $800,000 Judicial Title
Pearson Rachel $585,000 Security Title Guarantee
Conklin Richard -- --
Centenni Risa L -- --
Rebbeck Risa $295,000 Dennis Berkowsky
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Michaela $640,000
Previous Owner Pearson Rachel $7,683
Previous Owner Pearson Rachel $438,750
Previous Owner Centenni Risa L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $800,000 +6.7% $445 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $750,000 +45.6% $417 / Sq Ft
09/28/2012 09/28/12 Sold $515,000 -4.5% $286 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $539,000 -- $300 / 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
2024 $1,151 $635 $266 $369
2023 $9,626 $681 $285 $396
2022 $9,626 $681 $285 $396
2021 $19,700 $652 $273 $379
2020 $14,887 $990 $780 $210
2019 $1,370 $990 $780 $210
2018 $1,265 $990 $0 $0
2017 $5,671 $978 $780 $198
2016 $1,207 $978 $610 $368
2015 $1,200 $978 $610 $368
2014 $1,200 $978 $610 $368
2013 $1,468 $1,251 $780 $471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3236475

OneKey® MLS

APN: 1000-59-125-00-0167-0