NOT LISTED FOR SALE

50 W Walnut St Long Beach, NY 11561

Estimated Value: $1,157,699 - $1,397,000

5 Beds
3 Baths
2,788 Sq Ft
$458/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $955,000 $343 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,965/month

48 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • Wood Flooring
  • Lido Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of August 2023

WOW!!! In Heart Of Long Beach Lives A Beautiful Brick Colonial With Original Stained Glass Windows & Charm Everywhere. This Gem Has 5 Bedrooms, 3 Full Baths, Formal Dining Room A Formal Living Room With Fireplace, Parlor, Tremendous EIK & 4 Blocks To The Beach!! This Special Home Also Has A Detached Garage, Full Basement & Is A Legal 2 Family!! Come Live Your Best Life Right Here In Long Beach, Just In Time For The Summer!

Last Agent to Sell the Property

Leah Rosensweig Tozer

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-670-1700 License #10301218060 Listed on: 05/23/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Leah Rosensweig Tozer

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-670-1700 License #10301218060 Listed on: 05/23/2023

Daniel Gale Sothebys Intl Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,508

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,788 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 17 / 85
  • Assessor Parcel Number 1000-59-085-00-0017-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,508

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 516-670-1700
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Legal Accessory Apartment, Master Bath
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Partially Finished
  • Inclusions: Dishwasher,Door Hardware,Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2788
  • SquareFootage: 2788.00
  • SquareFootageSource: Appraisal
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Beach Access
  • Exterior Features: Balcony, Sprinkler System
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • Parcel Number: 1000-59-085-00-0017-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-08-31

Multi Family

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

Tax Info

  • Tax Annual Amount: 15508.21
  • Tax Block: 85
  • Tax Lot: 17
  • Tax Map Number: 1000-59-085-00-0017-0
  • IncludedInTaxes: Sewer,Trash

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
May 23, 2023
Closed on
Aug 9, 2023
Sold by
Ahn Shunwoo
Bought by
50 W Walnut Llc
Seller's Agent
Leah Rosensweig Tozer
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Leah Rosensweig Tozer
Daniel Gale Sothebys Intl Rlty
List Price
$1,180,000
Sold Price
$955,000
Premium/Discount to List
-$225,000
-19.07%
Views
375
Current Estimated Value
$1,254,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,308
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
May 3, 2023
Sold by
Ahn Shunwoo and Ahn Sangwoo
Bought by
Ahn Shunwoo
Source: Public Records

Range of Values:

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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
50 W Walnut Llc $955,000 Millennium Abstract Corp
50 W Walnut Llc $955,000 Millennium Abstract Corp
Ahn Shunwoo -- None Available
Ahn Shunwoo -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $955,000 -13.1% $343 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $1,099,000 -6.9% $394 / Sq Ft
05/23/2023 05/23/23 For Sale $1,180,000 -- $423 / 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 $1,178 $742 $285 $457
2024 $1,178 $705 $271 $434
2023 $8,778 $742 $285 $457
2022 $8,778 $742 $285 $457
2021 $13,337 $840 $300 $540
2020 $10,126 $920 $572 $348
2019 $8,635 $986 $575 $411
2018 $8,764 $1,051 $0 $0
2017 $7,433 $1,117 $579 $538
2016 $1,379 $1,183 $571 $612
2015 $1,533 $1,249 $603 $646
2014 $1,533 $1,249 $603 $646
2013 $1,490 $1,270 $613 $657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3480205

OneKey® MLS

APN: 1000-59-085-00-0017-0