NOT LISTED FOR SALE

Estimated Value: $1,686,000

6 Beds
4.5 Baths
3,187 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2024

Last sale price $3,500,000 $1,098 Per Sq Ft

Current estimated payment $9,661 / mo

68 Days on Market

Highlights

  • Docks
  • Water Access
  • Riding Ring
  • Lido Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • New Construction

About This Home

As of June 2024

Hamptons Elegance Meets Long Beach Lifestyle With This One-Of-A-Kind Waterfront Paradise. 525 E Bay Drive Is An Architecturally Magnificent 6 Bedroom/4.5 Bath Home W/ Views From All Over. Sitting On A Large Oversized Lot, This Over 7,000 Sqft Home Is The Definition Of Modern Excellence Featuring All Luxury & Custom Finishes Throughout. The Main Level Floor Plan Includes A Spacious Living/Dining Area And A Large Custom Kitchen W/ Subzero & Thermodor Appliances, Quartz Countertops, 2 Sinks And 2 Dishwashers. Additionally, Hardwired Sound & Security Systems, Whole Home Juke Audio Entertainment System W/ Indoor & Outdoor Speakers, Engineered Oak Hardwood Floors, Wine Room That Can Be Temperature Controlled, In-Ground Gunite Heated Saltwater Pool, Gas Hook-Up For Outdoor Kitchen, Surfboard Rack, Sandpit W/ Gas Fireplace, Trex Decking, Newer Bulkhead, Dock & Many Many More Are Just Some of the Amazing Features. Fine Furnishings Can Be Included in Negotiations. On Top Of Everything, This Home Is Secluded On A Quiet Block To Maximize Privacy. It's Time To Truly Enjoy Bayfront Living At It's Finest!

Last Agent to Sell the Property

Michael Nolan

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401334371 Listed on: 02/21/2024

Douglas Elliman Real Estate

Co-Listed By

Thomas Tripodi

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

Last Buyer's Agent

Kelly Forman

Compass Greater NY LLC License #10301224737

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,685 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • New Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access
  • Bulkhead
  • Docks
  • Wetlands on Lot
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

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

Additional Features

  • Property is near public transit
  • Riding Ring

Community Details

  • Powered Boats Allowed
  • Park

Listing and Financial Details

  • Legal Lot and Block 11 / 162
  • Assessor Parcel Number 1000-59-162-00-0011-0

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

7,685 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2024
  • New Construction: Yes
  • Attribution Contact: 516-432-3400
  • Co List Office Mls Id: ONEDERE58
  • Co List Office Phone: 516-432-3400
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Living Room/Dining Room Combo, Marble Bath, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: None
  • Inclusions: A/C Units,Alarm System,B/I Audio/Visual Equip,B/I Shelves,Cook Top,Dishwasher,Door Hardware,Dryer,Fireplace Equip,Flat Screen TV Bracket,Garage Door Opener,Garage Remote,Light Fixtures,Microwave,Pool Equipt/Cover,Refrigerator,Second Dishwasher,See Remarks,Speakers Indoor,Speakers Outdoor,Washer,Whole House Ent. Syst,Wine Cooler
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Window Features: New Windows
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: North
  • Construction Materials: Frame, Other, Stucco, Wood Siding
  • Frontage Length: 60
  • Waterfront Features: Bay/Harbor, Water Access, Other, Waterfront
  • Fencing: Back Yard, Fenced, Partial
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Open, Panoramic, Other, Water
  • Exterior Features: Balcony, Private Entrance, Sprinkler System, Bulkhead, Dock
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, 2 Car Attached, Driveway, Garage, Storage, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 4

Condo/Co-op/Association

  • Association Amenities: Powered Boats Allowed
  • Senior Community: No

Association/Amenities

  • Community Features: Park, Near Public Transportation

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 7685
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private, Protected Wetlands
  • Parcel Number: 1000-59-162-00-0011-0
  • Horse Amenities: Riding Ring
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-05-01

Tax Info

  • Tax Block: 162
  • Tax Lot: 11
  • Tax Map Number: 1000-59-162-00-0011-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • High School: Long Beach High School
  • Middle School District: Long Beach

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jun 11, 2024
Sold by
Bought by
Seller's Agent
Michael Nolan
Douglas Elliman Real Estate
Buyer's Agent
Kelly Forman
Compass Greater NY LLC
List Price
$3,595,000
Sold Price
$3,500,000
Premium/Discount to List
-$95,000
-2.64%
Views
124
Current Estimated Value
$1,686,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,814,000
Avg. Annual Appreciation
-29.03%

Purchase Details

Listed on
Oct 12, 2021
Closed on
Apr 7, 2022
Sold by
Bought by
Seller's Agent
Michael Nolan
Douglas Elliman Real Estate
Buyer's Agent
Michael Nolan
Douglas Elliman Real Estate
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,500,000 Old Republic Natl Ttl Ins Co
$1,125,000 Westcor Land Title Ins Co
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2024 06/11/24 Sold $3,500,000 -2.6% $1,098 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/07/2024 04/07/24 Price Changed $3,594,874 0.0% $1,128 / Sq Ft
04/05/2024 04/05/24 Price Changed $3,594,875 0.0% $1,128 / Sq Ft
03/24/2024 03/24/24 Price Changed $3,594,876 0.0% $1,128 / Sq Ft
02/21/2024 02/21/24 For Sale $3,595,000 +219.6% $1,128 / Sq Ft
04/07/2022 04/07/22 Sold $1,125,000 -5.9% $563 / Sq Ft View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $1,195,000 -- $598 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,702 $2,045 $628 $1,417
2025 $5,702 $396 $396
2024 $1,783 $911 $412 $499
2023 $14,946 $911 $412 $499
2022 $14,946 $911 $412 $499
2021 $16,355 $873 $395 $478
2020 $17,508 $2,111 $1,569 $542
2019 $2,418 $2,111 $1,569 $542
2018 $2,332 $2,111 $0 $0
2017 $13,844 $2,341 $1,569 $772
2016 $2,890 $2,341 $1,569 $772
2015 $2,316 $2,341 $1,569 $772
2014 $2,316 $2,341 $1,569 $772
2013 $2,747 $2,341 $1,569 $772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3532872

OneKey® MLS

APN: 1000-59-162-00-0011-0

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