NOT LISTED FOR SALE

558 E Market St Long Beach, NY 11561

Estimated Value: $787,742 - $864,000

5 Beds
2 Baths
1,438 Sq Ft
$574/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $775,000 $539 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,943/month

151 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 1 Fireplace
  • Lido Elementary School Rated A
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of January 2023

This is a great investment property priced to sell!! FEMA compliant 2 family home. Located in the highly desirable East End of Long Beach. 1st floor Features: Large Living Rm., Eat in Kitchen, 2 Bright Bedrooms W/Closets, Beautiful Tile Bathroom, Utility Room/Laundry Room, Storage Area. 2nd floor Features: Living Room With Vaulted Ceiling and Beautiful Real Wood Burning Fireplace, Hard Wood Teak Floors Throughout, Large Formal Dining Room, Cozy Eat In Kitchen, Bright Tile Bathroom, Large Primary Bedroom With Closet, 2 Bedrooms with closets, Attic With Vaulted Ceiling, Detached Oversized Garage With Plenty of Room For A Car And Storage, 3 Car Driveway, Outdoor Patio Space With Spacious Grassed Rear Yard, Stone Front Porch With Beautifully Landscaped Entrance.

Last Agent to Sell the Property

Kelly Anne Fruhauf

Coldwell Banker American Homes License #10401233056 Listed on: 05/15/2022

Coldwell Banker American Homes

Last Buyer's Agent

Kelly Forman

Compass Greater NY LLC License #10401315072

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,400

Year Built

  • Built in 1934

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x10
  • No Common Walls
  • Private Entrance

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 29 / 168
  • Assessor Parcel Number 1000-59-168-00-0029-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,400

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1934
  • New Construction: No
  • Attribution Contact: 516-665-2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Living Room / Dining Room, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: Dishwasher, Dryer, Garage Door Opener, Refrigerator, Second Stove, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Report: No
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway, Garage, Off Street, Storage, On Street

Utilities

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

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: 0.0900
  • Lot Dimensions: 40x10
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-168-00-0029-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-01-27
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 12400.00
  • Tax Block: 168
  • Tax Lot: 29
  • Tax Map Number: 1000-59-168-00-0029-0

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: East 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
May 15, 2022
Closed on
Jan 27, 2023
Sold by
558 East Market Street Corp
Bought by
Gotlibovsky Frank and Gotlibovsky Julia
Seller's Agent
Kelly Anne Fruhauf
Coldwell Banker American Homes
Buyer's Agent
Kelly Forman
Compass Greater NY LLC
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%
Views
44
Current Estimated Value
$825,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,871
Avg. Annual Appreciation
2.19%
Original Mortgage
$511,750
Outstanding Balance
$495,519
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$330,352

Purchase Details

Closed on
Apr 25, 2012
Sold by
Finn Christina D
Bought by
558 East Market Street Corp
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
Gotlibovsky Frank $775,000 Judicial Title
558 East Market Street Corp $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gotlibovsky Frank $511,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $775,000 -7.2% $539 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/22/2022 09/22/22 Price Changed $835,000 -1.6% $581 / Sq Ft
05/15/2022 05/15/22 For Sale $849,000 -- $590 / 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 $7,502 $521 $216 $305
2024 $979 $543 $225 $318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3400038

OneKey® MLS

APN: 1000-59-168-00-0029-0