NOT LISTED FOR SALE

616 E Walnut St Long Beach, NY 11561

Estimated Value: $1,095,469 - $1,263,000

5 Beds
3 Baths
2,220 Sq Ft
$531/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $690,000 $311 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,115/month

91 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Eat-In Kitchen
  • Lido Elementary School Rated A
  • Attached Garage
  • Patio

About This Home

As of November 2017

Want Your Own Home Plus Rental Income? This One Is Worth Looking At. This 2 Family Homes Offers A Wonderful Income Producing Side Apt That You Will Forget Is There When You Enter The Main Unit. The Main Apt Has Large Lr, Formal Dr, Lg Eik, Laundry On The 1st Level And 4 Brs, 2 Bths Up. The Lot Is 60X100 So You Have A Nice Large Yard With Deck. Close To The Beach. Too

Last Agent to Sell the Property

Maria Cino

Quality Home Shoppe Ltd Brokerage Phone: 516-872-3000 License #31CI0896782 Listed on: 06/08/2017

Last Buyer's Agent

Maria Cino

Quality Home Shoppe Ltd Brokerage Phone: 516-872-3000 License #31CI0896782 Listed on: 06/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,395

Year Built

  • Built in 1955

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100

Parking

  • Attached Garage

Home Design

  • Duplex
  • Split Level Home
  • Stone Siding

Interior Spaces

  • Formal Dining Room
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 11 / 186
  • Assessor Parcel Number 1000-59-186-00-0011-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,395

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Split Level
  • Property SubType: Duplex
  • Levels: Multi/Split
  • Year Built: 1955
  • Attribution Contact: 516-872-3000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Full Bathrooms: 3
  • Basement: None, Unfinished
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Stone
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 60X100
  • Lot Size Sq Ft: 6000
  • Parcel Number: 1000-59-186-00-0011-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 12395.34
  • Tax Block: 186
  • Tax Lot: 11

MLS Schools

  • Middle School District: Long Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Nov 9, 2017
Sold by
Sturm Richard and Sturm Family Trust
Bought by
Basset Daniel and Basset Annmarie
Seller's Agent
Maria Cino
Quality Home Shoppe Ltd
Buyer's Agent
Maria Cino
Quality Home Shoppe Ltd
List Price
$799,000
Sold Price
$690,000
Premium/Discount to List
-$109,000
-13.64%
Current Estimated Value
$1,179,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,235
Avg. Annual Appreciation
7.01%
Original Mortgage
$552,000
Outstanding Balance
$463,281
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$715,954

Purchase Details

Closed on
Dec 10, 2009
Sold by
Geiger Charles and Geiger Margretta
Bought by
Sturm Family Trust
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
Basset Daniel $6,900,000 --
Sturm Family Trust $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basset Daniel $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $690,000 -- --
11/09/2017 11/09/17 Sold $690,000 +2.2% $311 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
07/28/2017 07/28/17 Price Changed $675,000 -11.8% $304 / Sq Ft
07/05/2017 07/05/17 Price Changed $765,000 -4.3% $345 / Sq Ft
06/08/2017 06/08/17 For Sale $799,000 -- $360 / 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 $10,050 $731 $314 $417
2024 $1,206 $731 $314 $417
2023 $9,393 $768 $343 $425
2022 $9,393 $731 $314 $417
2021 $17,601 $751 $323 $428
2020 $13,858 $837 $824 $13
2019 $1,381 $837 $772 $65
2018 $877 $893 $0 $0
2017 $4,381 $949 $778 $171
2016 $965 $1,005 $741 $264
2015 $884 $1,061 $663 $398
2014 $884 $1,061 $663 $398
2013 $888 $1,117 $698 $419
Source: Public Records

Agents Affiliated with this Home

  • Maria Cino

    Seller's Agent in 2017

    Maria Cino

    Quality Home Shoppe Ltd

    (516) 279-0976

    23 Total Sales

    Maria Cino
    Section Image

  • M

    Buyer Co-Listing Agent in 2017

    Merridith Steimle

    Quality Home Shoppe Ltd

See All Agents

Map

Source: OneKey® MLS

MLS Number: L2945487

OneKey® MLS

APN: 1000-59-186-00-0011-0

New York Nassau County Long Beach 11561

616 E Walnut St, Long Beach, NY

This home is located at 616 E Walnut St, Long Beach, NY 11561 since 08 June 2017 and is currently estimated at $1,179,235, approximately $531 per square foot. This property was built in 1955. 616 E Walnut St is a home located in Nassau County with nearby schools including Lido Elementary School, East Elementary School, and Lindell Elementary School.

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