NOT LISTED FOR SALE

540 E Bay Dr Long Beach, NY 11561

Estimated Value: $893,120 - $1,112,000

4 Beds
2 Baths
1,804 Sq Ft
$556/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $680,000 $377 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,887/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Lido Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of January 2021

Absolutely Pristine Renovated Colonial Located on Desirable East Bay Drive! Features: Huge Sunlit Great Room, Kitchen w/SS Appliances & Granite Counters w/Enrance to Side Yard, Formal Dining Room, Over-sized Master Bedroom on the Main Floor as well as Full Bath, 3 Additional Bedrooms and 2nd Full Bath, Finished Basement and Laundry Room. Additional Features: Wood Flooring, New Tiled Flooring 2nd Fl, Crown Molding Throughout, Owned Solar Panels, Newer: Siding/Roof/Front Porch/Pavers/Stone Work, 1 Car Garage, 2 Driveways, Generator Ready, Gorgeous Rear Yard with Patio, Decking and Outdoor Shower and Low Flood Insurance. Just Perfect!

Last Agent to Sell the Property

Barbara Mullaney

BERKSHIRE HATHAWAY Brokerage Phone: 516-665-2000 License #40MU0988773 Listed on: 08/08/2020

BERKSHIRE HATHAWAY

Last Buyer's Agent

Amr El Guindy

Douglas Elliman Real Estate License #40EL1087853

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,891

Year Built

  • Built in 1949

Lot Details

  • 4,368 Sq Ft Lot
  • Lot Dimensions are 52x84
  • Fenced

Parking

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

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Finished Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 73 / 78
  • Assessor Parcel Number 1000-59-078-00-0073-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,891

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1949
  • New Construction: No
  • Attribution Contact: 516-665-2000
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Den/Family Room, Formal Dining, Entrance Foyer, Granite Counters, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished
  • Inclusions: A/C Units,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Total Bedrooms: 4
  • Living Area: 1804
  • SquareFootage: 1804.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 52x84
  • Lot Size Sq Ft: 4368
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-078-00-0073-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-08-11

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 10890.98
  • Tax Block: 78
  • Tax Lot: 73
  • Tax Map Number: 1000-59-078-00-0073-0
  • IncludedInTaxes: 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
Aug 8, 2020
Closed on
Jan 6, 2021
Sold by
Alexander Gay
Bought by
Garson Andrew S
Seller's Agent
Barbara Mullaney
BERKSHIRE HATHAWAY
Buyer's Agent
Amr El Guindy
Douglas Elliman Real Estate
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,002,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,560
Avg. Annual Appreciation
8.07%
Original Mortgage
$510,000
Outstanding Balance
$455,177
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$547,383

Purchase Details

Closed on
Apr 12, 2002
Sold by
Barbella Josephine
Bought by
Alexander Gay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garson Andrew S $680,000 Judicial Title
Alexander Gay -- Carl Cohen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garson Andrew S $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $680,000 -2.7% $377 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $699,000 -- $387 / 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 $7,804 $549 $222 $327
2024 $938 $542 $219 $323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3240893

OneKey® MLS

APN: 1000-59-078-00-0073-0