NOT LISTED FOR SALE

532 E Beech St Long Beach, NY 11561

Estimated Value: $935,781 - $1,028,000

5 Beds
3 Baths
2,700 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $825,000 $306 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,014/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Balcony
  • Lido Elementary School Rated A
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of October 2021

Newly renovated legal 2 family in East End, close to beach, transportation, shopping, restaurants. Solid history of rental income. 1st floor rented through 4/30/22 for $2250/month. 2nd floor currently vacant for 1st time in 15 yrs. 2 new kitchens, 3 new baths, new flooring on 2nd floor, new roof 2020, new upper level deck, new storm doors, updated electric, all interiors freshly painted. 1 car garage + driveway parking. Shared laundry room (W/D owned by 1st floor tenant).

Last Agent to Sell the Property

Peggy Steiner

Saltwater Realty LLC Brokerage Phone: 516-447-6600 License #10491207910 Listed on: 05/28/2021

Last Buyer's Agent

Sami Schindelheim

BERKSHIRE HATHAWAY License #40SC0874714

BERKSHIRE HATHAWAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,392

Year Built

  • Built in 1957 | Remodeled in 2021

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Exclusions: Dryer,Washer
  • Legal Lot and Block 20 / 173
  • Assessor Parcel Number 1000-59-173-00-0020-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,392

Year Built

Built in 1957 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Levels: Two
  • Exclusions: Dryer,Washer
  • Year Built: 1957
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-447-6600
  • BuildingSize: 2700SF
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Inclusions: Dishwasher,Microwave,Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Garage, Off Street

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

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
  • Parcel Number: 1000-59-173-00-0020-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneType: AE

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 20391.91
  • Tax Block: 173
  • Tax Lot: 20
  • Tax Map Number: 1000-59-173-00-0020-0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Oct 1, 2021
Sold by
Marsha Schaffer and Arnold Shcaffer Trustee
Bought by
Schwartz Yakov
Seller's Agent
Peggy Steiner
Saltwater Realty LLC
Buyer's Agent
Sami Schindelheim
BERKSHIRE HATHAWAY
List Price
$889,000
Sold Price
$825,000
Premium/Discount to List
-$64,000
-7.2%
Current Estimated Value
$981,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,891
Avg. Annual Appreciation
4.43%
Original Mortgage
$701,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2017
Sold by
Schaffer Milton B
Bought by
Schaffer Trust
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
Schwartz Yakov $825,000 Westcor Land Title
Schwartz Yakov $825,000 Westcor Land Title
Schaffer Trust -- --
Schaffer Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Yakov $701,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $825,000 -4.0% $306 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $859,000 -3.4% $318 / Sq Ft
05/28/2021 05/28/21 For Sale $889,000 -- $329 / 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 $9,446 $656 $249 $407
2024 $1,243 $660 $250 $410
2023 $11,089 $725 $275 $450
2022 $11,089 $725 $275 $450
2021 $21,788 $694 $263 $431
2020 $12,888 $1,373 $825 $548
2019 $1,900 $1,373 $825 $548
2018 $1,765 $1,373 $0 $0
2017 $9,136 $1,373 $825 $548
2016 $1,695 $1,373 $825 $548
2015 $1,685 $1,373 $825 $548
2014 $1,685 $1,373 $825 $548
2013 $1,611 $1,373 $825 $548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3316728

OneKey® MLS

APN: 1000-59-173-00-0020-0