NOT LISTED FOR SALE

517 Monroe Blvd Long Beach, NY 11561

Estimated Value: $879,176 - $1,336,000

6 Beds
4 Baths
1,586 Sq Ft
$689/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $1,155,000 $728 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,228/month

33 Days on Market

Highlights

  • Newly Remodeled
  • Property is near public transit
  • Corner Lot
  • Lido Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of January 2024

Only Brand New Construction FEMA Compliant Legal Two Family Home Available In Our Beautiful City Of Long Beach, NY. Featuring The Following: Ground Floor With Radiant Heat Tiles Throughout the Entire Floor, Private Garage With Radiant Heat To Store Your Luxurious Car. First Floor: Hardwood Custom Gray Toned Floors Throughout Entire Level, Eat In Kitchen, Quartz Counter Tops, Primary Bedroom With Primary Bathroom With Shower And Tub, And Private Balcony. 2 Bedrooms, 1 Bathroom. 2nd Floor: Primary Bedroom With Primary Bathroom, Walk In Closet, 2 Bedrooms, 1 Bathroom. Washer And Dryer Hook Ups Available In Each Unit, Central Air Conditioning/Force Air Heat, Navien On-Demand Hot Water Supply For Each Unit, Spray Foam Insulation, Anderson Windows Throughout The Entire Home, Natural Sunlight, Ethernet Hook-Up Ready (Essential For Remote Career Driven Individuals, Streaming, Multiple Streaming Services), In Addition Private Detached Garage, Parking Space For Up To 4 Cars. Outdoor Shower For Those Amazing Summer Days In LB. Close To Beach, Trendy Shops, Gyms, and Train Station.

Last Agent to Sell the Property

Karl Verastegui

Island Advantage Realty LLC Brokerage Phone: 516-889-7500 License #10401332075 Listed on: 11/03/2023

Island Advantage Realty LLC

Last Buyer's Agent

Kevin Sime

Realty Connect USA LLC License #10301218711

Realty Connect USA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1943 | Newly Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • New Windows
  • Wood Flooring
  • Fire Sprinkler System
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Dishwasher,Garage Door Opener,Garage Remote,Microwave Oven,Refrigerator,Second Dishwasher,Second Refrigerator,Second Stove
  • Legal Lot and Block 30 / 122
  • Assessor Parcel Number 1000-59-122-00-0030-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 1943 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Garage Door Opener,Garage Remote,Microwave Oven,Refrigerator,Second Dishwasher,Second Refrigerator,Second Stove
  • Year Built: 1943
  • New Construction: Yes
  • Attribution Contact: 516-889-7500
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished
  • Inclusions: Dishwasher,Microwave,Refrigerator
  • Total Bedrooms: 6
  • Window Features: New Windows
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other, Stucco
  • Exterior Features: Balcony
  • Patio and Porch Features: Porch
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Security: Fire Splinkler System
  • 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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 1000-59-122-00-0030-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-07

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Block: 122
  • Tax Lot: 30
  • Tax Map Number: 1000-59-122-00-0030-0

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
Nov 3, 2023
Closed on
Jan 9, 2024
Sold by
Verastegui Edwin
Bought by
Lbny Group Llc
Seller's Agent
Karl Verastegui
Island Advantage Realty LLC
Buyer's Agent
Kevin Sime
Realty Connect USA LLC
List Price
$1,275,000
Sold Price
$1,155,000
Premium/Discount to List
-$120,000
-9.41%
Views
126
Current Estimated Value
$1,092,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,956
Avg. Annual Appreciation
-3.08%

Purchase Details

Closed on
Mar 9, 2023
Sold by
Kessler June
Bought by
Verastegui Edwin
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
Lbny Group Llc $1,155,000 Fidelity Title Insurance Co
Lbny Group Llc $1,155,000 Fidelity Title Insurance Co
Verastegui Edwin $475,000 Judicial Title
Verastegui Edwin $475,000 Judicial Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $1,155,000 +0.4% $728 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $1,150,000 -9.8% $725 / Sq Ft
11/03/2023 11/03/23 For Sale $1,275,000 -- $804 / 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 $5,472 $380 $290 $90
2024 $719 $380 $290 $90
2023 $5,836 $380 $290 $90
2022 $5,836 $380 $290 $90
2021 $12,721 $493 $216 $277
2020 $20,131 $996 $725 $271
2019 $9,349 $996 $725 $271
2018 $8,853 $996 $0 $0
2017 $6,628 $996 $725 $271
2016 $1,229 $996 $725 $271
2015 $1,222 $996 $725 $271
2014 $1,222 $996 $725 $271
2013 $1,169 $996 $725 $271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3514547

OneKey® MLS

APN: 1000-59-122-00-0030-0