NOT LISTED FOR SALE

648 W Penn St Long Beach, NY 11561

Estimated Value: $884,574 - $971,000

4 Beds
2 Baths
1,872 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $839,500 $448 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,136/month

49 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 1 Car Detached Garage
  • Lido Elementary School Rated A
  • Wood Flooring
  • Park

About This Home

As of February 2023

Location! Location! Location! Close to beach, restaurants, entertainment and transportation. House being sold "as is". Upper and lower decks, backyard. South facing backyard. Low taxes. Great home with income for first time home buyers or investment. Private entrances.

Last Agent to Sell the Property

Rhonda Healy

C21 Verdeschi & Walsh Realty License #40HE1096677 Listed on: 11/02/2022

Last Buyer's Agent

Dawn Tagliagambe

RE/MAX Beach West License #40TA0981247

RE/MAX Beach West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,693

Year Built

  • Built in 1947

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Private Entrance

Parking

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

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / 17
  • Assessor Parcel Number 1000-59-017-00-0020-0

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

$14,693

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1947
  • New Construction: No
  • Attribution Contact: 516-431-6160
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-11-04
  • Flood Zone Report: Yes
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • 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
  • High School: Long Beach High School
  • Middle School: Long Beach Middle School

Lot Info

  • Elevation Certificate: Yes
  • Flood Zone Type: AE
  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-017-00-0020-0
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2023-02-28
  • Included in Taxes: Trash
  • Tax Annual Amount: 14692.82
  • Tax Block: 17
  • Tax Lot: 20
  • Tax Map Number: 1000-59-017-00-0020-0

Multi Family

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

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
Nov 2, 2022
Closed on
Feb 17, 2023
Sold by
Connolly Daniel
Bought by
Phillips Jenny
Seller's Agent
Rhonda Healy
C21 Verdeschi & Walsh Realty
Buyer's Agent
Dawn Tagliagambe
RE/MAX Beach West
List Price
$899,000
Sold Price
$839,500
Premium/Discount to List
-$59,500
-6.62%
Views
45
Current Estimated Value
$927,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,287
Avg. Annual Appreciation
3.69%
Original Mortgage
$587,650
Outstanding Balance
$569,927
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$348,862

Purchase Details

Closed on
Jul 8, 2020
Sold by
Connolly Daniel
Bought by
Connolly Daniel

Purchase Details

Closed on
Jul 12, 2000
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
Phillips Jenny $839,500 Fidelity National Ttl Ins Co
Connolly Daniel -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jenny $587,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $839,500 -6.6% $448 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $899,000 -- $480 / 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 $957 $642 $275 $367
2024 $957 $642 $275 $367
2023 $7,201 $642 $275 $367
2022 $7,201 $642 $275 $367
2021 $15,028 $615 $263 $352
2020 $13,873 $791 $790 $1
2019 $6,169 $791 $773 $18
2018 $5,770 $844 $0 $0
2017 $4,926 $896 $672 $224
2016 $941 $1,100 $825 $275
2015 $1,148 $1,100 $825 $275
2014 $1,148 $1,100 $825 $275
2013 $1,097 $1,100 $825 $275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3441137

OneKey® MLS

APN: 1000-59-017-00-0020-0