NOT LISTED FOR SALE

563 Neptune Blvd Long Beach, NY 11561

Estimated Value: $905,230 - $977,000

6 Beds
3 Baths
2,274 Sq Ft
$414/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $863,500 $380 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,697/month

17 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Lido Elementary School Rated A
  • 1 Car Detached Garage
  • Patio

About This Home

As of October 2021

Opportunity is knocking! This well kept excellent condition 2 family home is located in the east end of town and is in close proximity to all Long Beach has to offer. Main floor has 3 bedrooms, 1 bath, and a great kitchen, along with a sizable living room, Leased through September 2022 (currently $2700 per month)The upstairs (delivered vacant) has 3 bedrooms and 2 baths, another great kitchen and sizable living room, additionally there are sliders with a small deck that allow for a perfect cross breeze throughout the apartment. Nice sized back yard with detached garage, a private driveway, laundry room with a washer and dryer for each unit as well as separate utilities. This low maintenance house is the perfect investment. Low taxes and transferable flood insurance $738 per year! This will not last!

Last Agent to Sell the Property

Eugene Clark

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #40CL1178271 Listed on: 07/31/2021

Douglas Elliman Real Estate

Last Buyer's Agent

Chen Amram

Coldwell Banker American Homes License #10401252352

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,848

Year Built

  • Built in 1950

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Southeast Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 41 / 166
  • Assessor Parcel Number 1000-59-166-00-0041-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,848

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 516-432-3400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: Southeast
  • Construction Materials: Other, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Private Entrance, Sprinkler System
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

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

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: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-166-00-0041-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 11847.78
  • Tax Block: 166
  • Tax Lot: 41
  • Tax Map Number: 1000-59-166-00-0041-0
  • IncludedInTaxes: Sewer,Trash

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
Jul 31, 2021
Closed on
Oct 21, 2021
Sold by
Kleinert Michael
Bought by
Savino Steven
Seller's Agent
Eugene Clark
Douglas Elliman Real Estate
Buyer's Agent
Chen Amram
Coldwell Banker American Homes
List Price
$829,000
Sold Price
$863,500
Premium/Discount to List
$34,500
4.16%
Current Estimated Value
$941,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,615
Avg. Annual Appreciation
2.19%
Original Mortgage
$693,600
Outstanding Balance
$633,231
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$307,884

Purchase Details

Closed on
Aug 12, 1998
Sold by
Tomoki Herigeme
Bought by
Kleinert Michael
Source: Public Records

Range of Values:

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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
Savino Steven $867,000 Judicial Title
Savino Steven $867,000 Judicial Title
Kleinert Michael $265,000 --
Kleinert Michael $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savino Steven $693,600
Closed Savino Steven $693,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $863,500 +4.2% $380 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $829,000 -- $365 / 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 $8,495 $590 $208 $382
2024 $1,056 $596 $210 $386
2023 $7,914 $596 $210 $386
2022 $7,914 $596 $210 $386
2021 $15,378 $597 $211 $386
2020 $6,946 $740 $677 $63
2019 $1,096 $792 $680 $112
2018 $1,119 $845 $0 $0
2017 $5,976 $898 $542 $356
2016 $1,109 $950 $573 $377
2015 $1,475 $1,202 $725 $477
2014 $1,475 $1,202 $725 $477
2013 $1,410 $1,202 $725 $477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3334551

OneKey® MLS

APN: 1000-59-166-00-0041-0