NOT LISTED FOR SALE

571 E Olive St Long Beach, NY 11561

Estimated Value: $1,425,319 - $1,722,000

6 Beds
4 Baths
1,552 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $1,475,000 $950 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,964/month

100 Days on Market

Highlights

  • Built in 1956 | Remodeled in 2020
  • Panoramic View
  • Wood Flooring
  • Lido Elementary School Rated A
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of September 2024

This beachside south-facing home with modern design features 6 generously sized bedrooms and 4 full baths - seamlessly blending style & practicality. Crafted for culinary enthusiasts & gatherings, the modern chef's kitchen features premium appliances, quartzite countertops with a waterfall edge island and a separate pantry! Large custom windows bathe the entire house in natural light. Glass sliding doors in the living room lead to a BBQ patio creating indoor/outdoor living - connecting to the kitchen & open-concept areas - perfect for entertaining & play! The main level features 2 bedrooms and 2 full bathrooms. One bedroom offers flexibility: functioning as either a den or playroom, opening to a charming private lawn. The second bedroom serves as a ground floor ensuite with a lovely modern bathroom. Upstairs: discover four additional bedrooms, two full bathrooms, high ceilings, large striking floor to ceiling windows, and a spacious laundry room. Luxurious Primary Suite with custom closet and spa-style bath - complete with a steam rain shower, heated floors, a freestanding bathtub, and double vanity. Centrally located just one mile to the LIRR, an array of eclectic restaurants, charming cafes, boutique shops, workouts, weekly farmers market, houses of worship AND under half a mile to the beautiful golden soft sandy beach stretching as far as the eyes can see!

Last Agent to Sell the Property

Jennifer McConnell

BERKSHIRE HATHAWAY Brokerage Phone: 516-987-9688 License #10301215201 Listed on: 05/10/2024

BERKSHIRE HATHAWAY

Co-Listed By

Vicky Green

BERKSHIRE HATHAWAY Brokerage Phone: 516-987-9688 License #10301221679

Last Buyer's Agent

Vanessa Ingrao

Compass Greater NY LLC License #10401348381

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,370

Year Built

  • Built in 1956 | Remodeled in 2020

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • South Facing Home
  • Private Entrance
  • Fenced
  • Corner Lot

Property Views

  • Panoramic
  • Skyline

Home Design

  • Modern Architecture
  • Advanced Framing
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Skylights
  • New Windows
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • Private Parking
  • Driveway

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 44 / 171
  • Assessor Parcel Number 1000-59-171-00-0044-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,370

Year Built

Built in 1956 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Modern
  • Property SubType: Single Family Residence
  • Property Condition: Pristine
  • Levels: Three Or More
  • Year Built: 1956
  • New Construction: Yes
  • Year Built Effective: 2020
  • Attribution Contact: 516-987-9688
  • Co List Office Mls Id: ONEBHHS09
  • Co List Office Phone: 516-431-0828
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Entrance Foyer, Guest Quarters, Home Office, Living Room/Dining Room Combo, Master Bath, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: None
  • Inclusions: Dishwasher,Dryer,Front Gate,Gas Grill,Light Fixtures,Low Flow fixtures,Microwave,Nanny Cam/Comp Serv,Playset,Refrigerator,Screens,Shades/Blinds,Speakers Indoor,Storm Windows,Video Cameras,Wall Oven,Washer,Whole House Ent. Syst,Wine Cooler
  • Total Bedrooms: 6
  • Window Features: New Windows, Double Pane Windows, Skylight(s), ENERGY STAR Qualified Windows, Insulated Windows
  • AtticDescription: Finished,Full,See Remarks
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: South
  • Construction Materials: Advanced Framing Technique, Vinyl Siding
  • Fencing: Fenced
  • View: Open, Panoramic, Skyline, Other
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: 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: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 1000-59-171-00-0044-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-05-17

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Lease Considered: No
  • Available Date: 2024-09-06

Tax Info

  • Tax Annual Amount: 16369.68
  • Tax Block: 171
  • Tax Lot: 44
  • Tax Map Number: 1000-59-171-00-0044-0
  • IncludedInTaxes: Sewer,Trash

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
May 10, 2024
Closed on
Sep 6, 2024
Sold by
Feierman Shlorno and Feierman Daniella
Bought by
Rosenbaum Raphael and Chesler Rosenbaum Lauren
Seller's Agent
Jennifer McConnell
BERKSHIRE HATHAWAY
Buyer's Agent
Vanessa Ingrao
Compass Greater NY LLC
List Price
$1,598,000
Sold Price
$1,475,000
Premium/Discount to List
-$123,000
-7.7%
Views
357
Current Estimated Value
$1,573,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,660
Avg. Annual Appreciation
4.84%
Original Mortgage
$1,180,000
Outstanding Balance
$1,165,591
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$408,069

Purchase Details

Closed on
Jan 8, 2016
Sold by
Luger Jayne Beth and Luger Bierman M
Bought by
Feierman Shlomo and Feierman Daniella

Purchase Details

Closed on
Jan 30, 2014
Sold by
Luger Jayne Beth and The Estate Of Marvin Bierman
Bought by
Luger Jayne Beth and Bierman Md Clifford
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
Rosenbaum Raphael $1,475,000 New Way Abstract Corp
Rosenbaum Raphael $1,475,000 New Way Abstract Corp
Rosenbaum Raphael $1,475,000 New Way Abstract Corp
Rosenbaum Raphael $1,475,000 New Way Abstract Corp
Feierman Shlomo $353,000 Attorney
Feierman Shlomo $353,000 Attorney
Feierman Shlomo $353,000 Attorney
Feierman Shlomo $353,000 Attorney
Luger Jayne Beth -- --
Luger Jayne Beth -- --
Luger Jayne Beth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenbaum Raphael $1,180,000
Closed Rosenbaum Raphael $1,180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $1,475,000 -1.7% $950 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $1,500,000 -3.5% $966 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,554,000 -2.8% $1,001 / Sq Ft
05/10/2024 05/10/24 For Sale $1,598,000 -- $1,030 / 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 $9,791 $918 $347 $571
2024 $1,176 $918 $347 $571
2023 $8,529 $787 $347 $440
2022 $8,529 $575 $307 $268
2021 $16,912 $551 $294 $257
2020 $11,420 $828 $609 $219
2019 $7,772 $968 $712 $256
2018 $8,604 $968 $0 $0
2017 $6,441 $968 $712 $256
2016 $1,195 $968 $712 $256
2015 $1,188 $968 $712 $256
2014 $1,188 $968 $712 $256
2013 $1,136 $968 $712 $256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3550789

OneKey® MLS

APN: 1000-59-171-00-0044-0