NOT LISTED FOR SALE

551 E Walnut St Long Beach, NY 11561

Estimated Value: $746,717 - $1,005,000

3 Beds
1.5 Baths
1,368 Sq Ft
$640/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $705,000 $515 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,280/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Granite Countertops
  • 3 Car Attached Garage
  • Lido Elementary School Rated A
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2021

Location! Location! Location! Beachside Colonial located in the Desirable EastHolme of Long Beach. 1st Floor Features: Sunny Open Concept , Living Room, Formal Dining Area Off Kitchen w/Granite Counters, 2nd Floor Features: 3 Bedrooms, Full Bath. Beautifully Landscaped Front Lawn, Spacious Grassed Back Yard Perfect for Entertaining, Detached 1 Car Garage and Parking up to 4 Cars! Low Flood Insurance! Close to the Beach, LIRR, Shopping & Restaurants

Last Agent to Sell the Property

Alison Clements

BERKSHIRE HATHAWAY Brokerage Phone: 516-665-2000 License #10401307020 Listed on: 06/23/2021

BERKSHIRE HATHAWAY

Last Buyer's Agent

Andrew Schneider

Coldwell Banker American Homes License #10401280526

Coldwell Banker American Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,654

Year Built

  • Built in 1930

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 58 / 170
  • Assessor Parcel Number 1000-59-170-00-0058-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,654

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 516-665-2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 3
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Attached, 3 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

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: 1000-59-170-00-0058-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 13653.69
  • Tax Block: 170
  • Tax Lot: 58
  • Tax Map Number: 1000-59-170-00-0058-0

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
Jun 23, 2021
Closed on
Oct 26, 2021
Sold by
Richardson Mark and Richardson Gina
Bought by
Sanfilippo Joseph and Sanfilippo Melissa
Seller's Agent
Alison Clements
BERKSHIRE HATHAWAY
Buyer's Agent
Andrew Schneider
Coldwell Banker American Homes
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$875,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,859
Avg. Annual Appreciation
5.65%
Original Mortgage
$548,000
Outstanding Balance
$502,287
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$373,572

Purchase Details

Closed on
Aug 14, 2009
Sold by
Raimondi Michael and Raimondi Dawn C
Bought by
Richardson Mark and Richardson Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,428
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2002
Sold by
Stiglitz Michael and Stiglitz Linda
Bought by
Raimondi Michael and Raimondi Dawn C
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
Sanfilippo Joseph $705,000 Westcor Land Title Ins Co
Richardson Mark $487,500 --
Raimondi Michael -- Leonard Sperber
Raimondi Michael $290,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanfilippo Joseph $548,000
Previous Owner Richardson Mark $446,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $705,000 +0.9% $515 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $699,000 -- $511 / 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 $7,415 $515 $243 $272
2024 $1,052 $564 $266 $298
2023 $8,678 $582 $275 $307
2022 $8,678 $582 $275 $307
2021 $16,281 $557 $263 $294
2020 $9,518 $1,014 $825 $189
2019 $1,403 $1,014 $825 $189
2018 $1,304 $1,014 $0 $0
2017 $5,910 $1,014 $825 $189
2016 $1,252 $1,014 $825 $189
2015 $1,245 $1,014 $825 $189
2014 $1,245 $1,014 $825 $189
2013 $1,190 $1,014 $825 $189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3324219

OneKey® MLS

APN: 1000-59-170-00-0058-0