NOT LISTED FOR SALE

622 W Penn St Long Beach, NY 11561

Estimated Value: $839,000 - $1,146,000

5 Beds
2.5 Baths
2,007 Sq Ft
$481/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $850,000 $424 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,805/month

75 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • Property is near public transit
  • Lido Elementary School Rated A
  • Deck
  • Post and Beam

About This Home

As of October 2024

LOCATION, LOCATION, LOCATION. Unbelievable opportunity in this Two Family home to expand, renovate to your taste, or build your dream home in this location. Home presently has 3 Bedrooms on the main floor living/dining room with eat in kitchen sliders to the back yard, and 1.5 Baths. While the upper income producing apartment is a 2 Bedroom, Elk, Living/dining room, a full bath with shower and tub. Nice size deck. Full Basement and attic. Needs TLC. One car garage and driveway parking for 3 cars. Tenant area unavailable for viewing at this time and will not be guaranteed vacant. This is a CASH ONLY sale.

Last Agent to Sell the Property

Bonnie Salsone

Coldwell Banker American Homes Brokerage Phone: 516-665-2000 License #40SA1038499 Listed on: 02/08/2024

Coldwell Banker American Homes

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,487

Year Built

  • Built in 1924

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Beach Front
  • No Common Walls
  • East Facing Home
  • Private Entrance

Parking

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

Home Design

  • Post and Beam
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Powder Room

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Property has ocean access
  • Deck
  • Porch

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 30 / 17
  • Assessor Parcel Number 1000-59-017-00-0030-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,487

Year Built

Built in 1924

Lot Details

6,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Year Built: 1924
  • New Construction: No
  • Attribution Contact: 516-665-2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Home Office, Legal Accessory Apartment, Living Room/Dining Room Combo, Powder Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Post and Beam, Aluminum Siding
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Water Access
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck, Porch
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Westholme

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-017-00-0030-0
  • Zoning Description: 6
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-05-23

Multi Family

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

Tax Info

  • Tax Annual Amount: 16487
  • Tax Block: 17
  • Tax Lot: 30
  • Tax Other Annual Assessment Amount: 6650
  • Tax Map Number: 1000-59-017-00-0030-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • High School: Long Beach High School
  • Middle School District: Long Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Rozsa Paul W and Rozsa Laurine A
Bought by
622 West Penn Llc
Current Estimated Value
$965,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$669,974
Interest Rate
6.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$295,274

Purchase Details

Closed on
Dec 12, 2018
Sold by
Rozsa Laurine A
Bought by
Rozsa Paul W and Rozsa Laurine A

Purchase Details

Closed on
Oct 13, 2010
Sold by
Rozsa Paul W
Bought by
Rozsa Lauine
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
622 West Penn Llc $850,000 Fidelity National Ttl Ins Co
622 West Penn Llc $850,000 Fidelity National Ttl Ins Co
622 West Penn Llc $850,000 Fidelity National Ttl Ins Co
622 West Penn Llc $850,000 Fidelity National Ttl Ins Co
Rozsa Paul W -- None Available
Rozsa Paul W -- None Available
Rozsa Paul W -- None Available
Rozsa Paul W -- None Available
Rozsa Lauine -- --
Rozsa Lauine -- --
Rozsa Lauine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 622 West Penn Llc $680,000
Closed 622 West Penn Llc $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $850,000 0.0% $424 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/03/2024 04/03/24 Off Market $850,000 -- --
04/03/2024 04/03/24 For Sale $799,000 -6.0% $398 / Sq Ft
03/26/2024 03/26/24 Off Market $850,000 -- --
02/09/2024 02/09/24 For Sale $799,000 -- $398 / Sq Ft
Source: OneKey® MLS

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 $7,767 $582 $277 $305
2024 $1,229 $673 $323 $350
2023 $8,065 $635 $302 $333
2022 $8,065 $679 $323 $356
2021 $17,586 $650 $309 $341
2020 $20,403 $1,008 $720 $288
2019 $8,615 $1,272 $908 $364
2018 $9,199 $1,272 $0 $0
2017 $6,730 $1,272 $908 $364
2016 $1,178 $1,272 $908 $364
2015 $880 $1,272 $908 $364
2014 $880 $1,272 $908 $364
2013 $621 $1,208 $862 $346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3530811

OneKey® MLS

APN: 1000-59-017-00-0030-0

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