NOT LISTED FOR SALE

440 E Penn St Long Beach, NY 11561

Estimated Value: $1,545,852 - $1,606,000

7 Beds
4 Baths
3,360 Sq Ft
$469/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,098,000 $327 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,438/month

47 Days on Market

Highlights

  • Beach Front
  • Deck
  • 1 Fireplace
  • Lido Elementary School Rated A
  • Property is near public transit
  • Balcony

About This Home

As of October 2022

Beach Side Contemporary 2 Family Home Located 1 Block from The Famous Long Beach Boardwalk and Positioned Close to One of the Best Beaches in New York State**100 by 100 Property Size**Separate Side by Side Entryway is Great for this 2 Family** Master of This Home Can Have Additional Income**Beautiful & Well Maintained Property is Very Rare Find in Our City by the Sea**Updated Kitchens and Plenty of Space to Entertain** Tree Lined Street and Plenty of Parking with One Car Garage and Driveway to Fit 3 Cars Tandem too! Hardwood Floors Thru-Out and Kitchen & Baths Are Tiled**Washer and Dryer for Each Unit on Ground Level* Central Air Upstairs and Ductless Air Downstairs* 2 Electric Meters and 2 Gas Meters* Upper Unit has Private Deck and Wood Burning Fireplace** Upper and Lower Unit Have Access to Very Spacious Yard** Unique Home Must See*In-Ground Sprinklers System*

Last Agent to Sell the Property

Joyce Coletti

Douglas Elliman Real Estate License #40CO0875691 Listed on: 06/16/2022

Douglas Elliman Real Estate

Co-Listed By

Matthew Hazan

Compass Greater NY LLC License #40HA0998882

Last Buyer's Agent

Antoinette Sarno

Coldwell Banker American Homes License #40SA0865683

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,260

Year Built

  • Built in 1940 | Remodeled in 2014

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Beach Front
  • No Common Walls
  • North Facing Home

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 23 / 159
  • Assessor Parcel Number 1000-59-159-00-0023-0

Community Details

Overview

  • 2 Units
  • 2 Family On Double Lot Community
  • 2 Family On Double Lot Subdivision

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,260

Year Built

Built in 1940 | Remodeled in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Mint!
  • Levels: Two
  • Subdivision Name: 2 Family On Double Lot
  • Development Name: 2 Family On Double Lot
  • Year Built: 1940
  • New Construction: No
  • Year Built Effective: 2014
  • Attribution Contact: 516-432-3400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: None
  • Inclusions: A/C Units, Dryer, Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Kitchens: 2

Exterior Features

  • Direction Faces: North
  • Construction Materials: Brick, Frame, Vinyl Siding
  • Flood Zone Report: No
  • Waterfront Features: Beach Access, Beach Front
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage, Off Site, Off Street

Utilities

  • Cooling: Central Air, Ductless
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Separate Hotwater Heater Detail: yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: East Elementary School, Lido Elementary School, Lindell Boulevard School, West Elementary School
  • Middle School: Long Beach Middle School
  • High School: Long Beach High School
  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.2300
  • Lot Size Area: 0.2300
  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 10000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-159-00-0023-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-07
  • Included in Taxes: Trash
  • Tax Annual Amount: 24259.65
  • Tax Block: 159
  • Tax Lot: 23
  • Tax Other Annual Assessment Amount: 7626.67
  • Tax Map Number: 1000-59-159-00-0023-0

Multi Family

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

MLS Schools

  • Elementary School: East Elementary School, Lido Elementary School, Lindell Boulevard School, West 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
Jun 16, 2022
Closed on
Oct 6, 2022
Sold by
Parnes Aaron and Leah Parnes Trust
Bought by
Hinshaw Chaney Meredith and Chaney Ryan
Seller's Agent
Joyce Coletti
Douglas Elliman Real Estate
Buyer's Agent
Antoinette Sarno
Coldwell Banker American Homes
List Price
$1,099,000
Sold Price
$1,098,000
Premium/Discount to List
-$1,000
-0.09%
Views
14
Current Estimated Value
$1,575,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,926
Avg. Annual Appreciation
12.53%
Original Mortgage
$861,900
Outstanding Balance
$827,155
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$748,771

Purchase Details

Closed on
Feb 11, 2015
Sold by
Parnes Leonora F
Bought by
Parnes Ari and Leah Parnes Trust
Source: Public Records

Range of Values:

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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
Hinshaw Chaney Meredith $1,105,000 Stewart Title Insurance Co
Parnes Ari -- Madison Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinshaw Chaney Meredith $861,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $1,098,000 -0.1% $327 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,099,000 -- $327 / 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 $14,269 $991 $435 $556
2024 $1,775 $935 $408 $527
2023 $15,462 $998 $435 $563
2022 $15,462 $998 $435 $563
2021 $17,831 $956 $417 $539
2020 $18,454 $1,966 $1,073 $893
2019 $2,720 $1,966 $1,073 $893
2018 $2,528 $1,966 $0 $0
2017 $13,082 $1,966 $1,073 $893
2016 $2,427 $1,966 $1,073 $893
2015 $2,413 $1,966 $1,073 $893
2014 $2,413 $1,966 $1,073 $893
2013 $2,307 $1,966 $1,073 $893
Source: Public Records

Agents Affiliated with this Home

  • Joyce Coletti

    Seller's Agent in 2022

    Joyce Coletti

    Douglas Elliman Real Estate

    (516) 313-2700

    68 in this area

    83 Total Sales

    Joyce Coletti
    Section Image
  • Matthew Hazan

    Seller Co-Listing Agent in 2022

    Matthew Hazan

    Compass Greater NY LLC

    (917) 584-9009

    9 in this area

    16 Total Sales

    Matthew Hazan
    Section Image
  • Antoinette Sarno

    Buyer's Agent in 2022

    Antoinette Sarno

    Century 21 American Homes

    (516) 665-2000

    4 in this area

    13 Total Sales

    Antoinette Sarno
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3408609

OneKey® MLS

APN: 1000-59-159-00-0023-0

New York Nassau County Long Beach 11561

440 E Penn St, Long Beach, NY

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