NOT LISTED FOR SALE

557 E Walnut St Long Beach, NY 11561

Estimated Value: $878,304 - $1,008,000

2 Beds
1 Bath
1,920 Sq Ft
$491/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $815,000 $424 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,549/month

Highlights

  • Deck
  • Property is near public transit
  • Granite Countertops
  • Lido Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of November 2024

This beautifully updated upper-floor unit with a private entrance offers luxury and convenience. The designer kitchen boasts high-end appliances, including a full-size fridge, gas stove, dishwasher, microwave, oversized sink, and a spacious pantry. Enjoy year-round comfort with new ductless heat and A/C units in every room. Relax on two large Trex decks (front 18'x7.5' and back 21'x12')-perfect for outdoor living. High ceilings and hardwood floors throughout, combined with plenty of natural light and installed blinds, create a warm and inviting atmosphere. Located just moments from the boardwalk, beach, restaurants, shops, public transportation, and the train, this home offers the ultimate Long Beach lifestyle. Additional storage available.

Last Agent to Rent the Property

Glen Fox

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401340274 Listed on: 10/09/2024

Douglas Elliman Real Estate

Co-Listed By

Kristin Altfather

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401340273

Last Renter's Agent

Glen Fox

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401340274 Listed on: 10/09/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled in 2020

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Entry on the 2nd floor
  • Batts Insulation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Thermostat

Listing and Financial Details

  • Rent includes trash collection, gardener, recycling, sewer, snow removal, water, ground care
  • Assessor Parcel Number 1000-59-170-00-0060-0

Community Details

Overview

  • Association fees include trash, ground maintenance, water

Recreation

  • Park

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled in 2020

Lot Details

0

Parking

1

Rental Info

  • Lease Considered: Yes
  • Pets Allowed: Dogs OK
  • Rent Includes: Trash Collection, Gardener, None, Recycling, Sewer, Snow Removal, Water, Ground Care
  • Available Date: 2024-10-21
  • LegalRentalYN: 1
  • RentType1: 1 Year
  • SmokingYN: 0
  • WholeHouseRentalYN: 0
  • RentType2: 2 Year

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Duplex
  • Property SubType: Duplex
  • Property Condition: Mint
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 516-432-3400
  • Co List Office Mls Id: ONEDERE58
  • Co List Office Phone: 516-432-3400
  • BylawsAttachedYN: 0
  • ONE_LeaseTerms: 12 Months
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Granite Counters, Separate Thermostat
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Dishwasher,Energy Star Appliance(s),Refrigerator,Shades/Blinds
  • Entry Level: 2
  • Total Bedrooms: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Batts Insulation, Aluminum Siding
  • Exterior Features: Balcony, Private Entrance
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Maintenance Grounds, Water
  • Senior Community: No

Association/Amenities

  • Community Features: Park, Near Public Transportation

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-170-00-0060-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

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 24, 2020
Closed on
Sep 29, 2020
Sold by
Dza2021 Llc
Bought by
Piazza Frank Monroe and Morrisey Meghan Rose
Seller's Agent
Stephen Prevete
Madison Homes Realty Inc
Buyer's Agent
Glen Fox
Douglas Elliman Real Estate
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%
Current Estimated Value
$922,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,341
Avg. Annual Appreciation
2.80%
Original Mortgage
$652,000
Outstanding Balance
$577,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$365,861

Purchase Details

Closed on
Jul 26, 2019
Sold by
Fannie Mae
Bought by
Dza2021 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2019
Sold by
Lynam Janine Tara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2002
Sold by
Simonetti Brian
Bought by
Hsa Kaiti

Purchase Details

Closed on
Nov 16, 1996
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Rented $3,000 0.0% --
10/09/2024 10/09/24 For Rent $3,000 0.0% --
09/29/2020 09/29/20 Sold $815,000 -1.7% $424 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Price Changed $829,000 -2.4% $432 / Sq Ft
06/24/2020 06/24/20 For Sale $849,000 -- $442 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
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 $8,711 $605 $240 $365
2024 $1,196 $645 $256 $389
2023 $10,291 $694 $275 $419
2022 $10,291 $694 $275 $419
2021 $20,538 $664 $263 $401
2020 $11,160 $1,189 $825 $364
2019 $1,645 $1,189 $825 $364
2018 $1,529 $1,189 $0 $0
2017 $7,912 $1,189 $825 $364
2016 $1,468 $1,189 $825 $364
2015 $1,459 $1,189 $825 $364
2014 $1,459 $1,189 $825 $364
2013 $1,395 $1,189 $825 $364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3584219

OneKey® MLS

APN: 1000-59-170-00-0060-0