NOT LISTED FOR SALE

314 E Penn St Long Beach, NY 11561

Estimated Value: $921,524 - $931,000

3 Beds
1 Bath
1,867 Sq Ft
$496/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $635,000 $340 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,589/month

Highlights

  • Property is near public transit
  • Private Lot
  • Main Floor Bedroom
  • Lido Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2024

LONG BEACH - Great Location Near Ocean. Legal 2 family. Main floor 6 rooms: foyer leading to open living room with dining room and kitchen, 3 bedrooms, bath. Upper 3 rooms: living room with deck, eat-in-kitchen, bedroom, full bath, yard. Detached garage. 2 Separate heating systems, 2 separate hot water heaters. Backyard.....detached 1 car garage long driveway. Convenient to All !!! REDUCED $647000-, Additional information: Business Located At:,Rental Income:,Separate Hotwater Heater:gas

Last Agent to Rent the Property

Michael Nolan

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401334371 Listed on: 04/15/2024

Douglas Elliman Real Estate

Co-Listed By

Thomas Tripodi

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #30TR1034165

Last Renter's Agent

Jimmy Amram

Douglas Elliman Real Estate License #10401349623

Douglas Elliman Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1949

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 42x100
  • No Common Walls
  • Private Entrance
  • Private Lot

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Thermostat

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 1000-59-144-00-0271-0

Community Details

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Association fees include sewer, water
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1949

Lot Details

4,200 Sq Ft Lot

Rental Info

  • Lease Considered: Yes
  • Pets Allowed: Call
  • Rent Includes: Sewer, Water
  • Available Date: 2024-05-15
  • LegalRentalYN: 1
  • RentType1: 1 Year
  • SmokingYN: 0
  • WholeHouseRentalYN: 0
  • RentType2: 2 Year

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Apt In House
  • Property SubType: Apartment
  • Property Condition: Excellent!
  • Levels: One
  • Year Built: 1949
  • New Construction: No
  • Attribution Contact: 516-432-3400
  • Co List Office Mls Id: ONEDERE58
  • Co List Office Phone: 516-432-3400
  • ONE_LeaseTerms: 12 Months
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining, Entrance Foyer, Separate Thermostat, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Stories: 2
  • Entry Level: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Materials: Frame, Brick, Vinyl Siding
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: Yes
  • Parking Description: Driveway

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Water
  • Senior Community: No

Association/Amenities

  • Community Features: Park, Near Public Transportation

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 42x100
  • Lot Size Sq Ft: 4200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 1000-59-144-00-0271-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

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
Feb 19, 2020
Closed on
Oct 15, 2020
Sold by
Starr Trust
Bought by
Risorto Jason A
Seller's Agent
Miriam Gold
Paul Gold Real Estate Inc
Buyer's Agent
Elena Watson
Paul Gold Real Estate Inc
List Price
$692,000
Sold Price
$635,000
Premium/Discount to List
-$57,000
-8.24%
Current Estimated Value
$926,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,262
Avg. Annual Appreciation
7.20%
Original Mortgage
$603,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Stevens Richard
Bought by
Starr Victor
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
Risorto Jason A $635,000 None Available
Starr Victor $540,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risorto Jason A $603,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $635,000 -- --
05/07/2024 05/07/24 Rented $3,500 0.0% --
04/15/2024 04/15/24 For Rent $3,500 0.0% --
10/15/2020 10/15/20 Sold $635,000 -1.9% $340 / Sq Ft View Prior Sale
09/30/2020 09/30/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $647,000 -6.5% $347 / Sq Ft
02/19/2020 02/19/20 For Sale $692,000 -- $371 / Sq Ft
Source: OneKey® MLS

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 $9,244 $642 $282 $360
2024 $1,125 $606 $282 $324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3544693

OneKey® MLS

APN: 1000-59-144-00-0271-0

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