Seller's Agent in 2022
Mahasty Ramezani
Charles Rutenberg Realty Inc
(631) 835-3317
1 in this area
5 Total Sales
7 S Atlantic St Bay Shore, NY 11706
Downtown Bay Shore NeighborhoodEstimated Value: $1,169,626 - $1,844,000
5
Beds
4
Baths
--
Sq Ft
6,098
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- Park
- Brook Avenue Elementary School Rated A
- Window Unit Cooling System
- Baseboard Heating
About This Home
As of November 2022LEGAL 4 FAMILY! WOW! A Fantastic investment opportunity to own a legal and fully rented 4 FAMILY APARTMENT BUILDING in Up & Coming and Bustling Bay Shore! 3 one bedroom apartments and one 2 bedroom second floor apartment.Tenants pay their own electricity. Plenty of parking for cars.Renovated in 2015/2017.Close to town,restaurants,bars,park,schools,houses of worship,hospital and so much more.
Last Agent to Sell the Property
Charles Rutenberg Realty Inc License #40RA1062119 Listed on: 07/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,081
Year Built
- Built in 1912 | Remodeled in 2015
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- No Common Walls
- South Facing Home
- Fenced
- Level Lot
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Wood Flooring
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Parking Spaces
- Private Parking
- Driveway
- On-Street Parking
- Parking Lot
- Unassigned Parking
Location
- Property is near public transit
Schools
- South Country Elementary School
- Bay Shore Middle School
- Bay Shore Senior High School
Utilities
- Window Unit Cooling System
- 4 Heating Zones
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tenant pays for cooking gas, electricity
- Legal Lot and Block 24 / 0002
- Assessor Parcel Number 0500-441-00-02-00-024-000
Community Details
Overview
- 4 Units
Recreation
- Park
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2018
Sold by
Scheer Gary and Scjeer Susan
Bought by
Scheer Susan
Current Estimated Value
Purchase Details
Closed on
Jan 5, 2006
Sold by
Hawkins Heather
Bought by
Scheer Gary
Purchase Details
Closed on
Jan 3, 2000
Sold by
Lowry Warren M and Lowry Laure
Bought by
Hawkins Heather and Treadaway Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scheer Susan | -- | -- | |
| Scheer Gary | $670,000 | Mitchell Hirsch | |
| Hawkins Heather | $245,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hawkins Heather | $215,000 | |
| Previous Owner | Hawkins Heather | $50,000 | |
| Previous Owner | Hawkins Heather | $210,000 | |
| Previous Owner | Hawkins Heather | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2022 11/15/22 | Sold | $650,000 | -18.7% | -- |
| 09/29/2022 09/29/22 | Pending | -- | -- | -- |
| 07/11/2022 07/11/22 | For Sale | $799,999 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,357 | $72,500 | $60,000 | $12,500 |
| 2023 | $6,357 | $60,500 | $60,000 | $500 |
| 2022 | $5,720 | $63,000 | $60,000 | $3,000 |
| 2021 | $5,720 | $63,000 | $60,000 | $3,000 |
| 2020 | $5,715 | $63,000 | $60,000 | $3,000 |
| 2019 | $5,720 | $63,000 | $60,000 | $3,000 |
| 2018 | -- | $63,000 | $60,000 | $3,000 |
| 2017 | $5,816 | $63,000 | $60,000 | $3,000 |
| 2016 | $5,724 | $63,000 | $60,000 | $3,000 |
| 2015 | -- | $63,000 | $60,000 | $3,000 |
| 2014 | -- | $63,000 | $60,000 | $3,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mahasty Ramezani
-
Michael Valdner
Buyer's Agent in 2022
Michael Valdner
EXP Realty
(631) 560-3716
1 in this area
26 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3414919
APN: 0500-497-00-01-00-017-000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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