by RH Advisors

See Home Value
$1,665,000
House - Off Market

159 Magnolia Boulevard

Long Beach, NY 11561
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$1,870,900
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

A rare Historical mini mansion mounted on a corner property aligned with cobblestones. NO expense spared. This home features the majesty of  old world charm. Hardwood floors, elegant moldings, high ceilings, granite and marble counter tops, rich wood cabinetry, wolf range, Liebherr refrigerator, water filtration system, and 4 fireplaces. This home was built with terracotta brick. The terracotta roof was recently restored. Ocean views from the balcony off the master bedroom. The basement is approximately 2200 square feet. Flood insurance is $880.00. In one of the most desirable areas of Long Beach. Close to the beach, park, transportation, restaurants and houses of worship.
Unit Size
-
Days on Market
277 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,817
HOA Dues
-
Year Built
1936
Last updated: 8 months ago (OneKey MLS #3252113)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold $1,665,000
Sold
Apr 16, 2021 No longer available -
No longer available
Apr 14, 2021 In contract -
In contract
Mar 26, 2021 Price Decreased $1,599,000
↓ $101K (5.9%)
Price Decreased
Jan 11, 2021 Relisted $1,700,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,028
  • Gross Building Area: 4,028
  • Building Area: 4,028
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,028
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #5 SCH DIST 028

Ownership

  • Current Owner : ZHOU XIAOJIAN
  • Previous Owner : PINE ARI
  • Previous Owner 2: PINE MARCIA
  • Owner Before Previous Owner: LEE ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416600

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-062-00-0041
  • Block: 62
  • Lot: 41-45
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5857
  • Longitude: -73.6701

    Address

  • Full Address: 159 Magnolia Blvd
  • Address - House Number: 159
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3320
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,569
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,491,306
  • High Value: 1,766,077
  • Low Value: 1,216,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $840,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $840,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,145
  • Assessed Land Value: $435
  • Assessed Improvements Value: $710

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11844736821
  • Current Sale Price: $1,665,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-091620
  • Previous Sale Recording Date: May 13, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
11 Beds
5 Baths
-
$1,550,000 Sep 23, 2022
$1,550,000 Feb 28, 2023
$1,920/mo
Condo
2 Beds
2 Baths
-
$1,370,000 May 1, 2019
$1,370,000 Oct 17, 2019
$2,529/mo
House
5 Beds
3 Baths
-
$1,299,999 Oct 18, 2022
-
$1,407/mo
Multifamily
5 Beds
4 Baths
-
$1,600,000 Dec 26, 2022
-
$1,408/mo
Multifamily
5 Beds
4 Baths
-
$1,520,000 Feb 17, 2023
-
$1,759/mo

About Central District


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Frequently Asked Questions

When was property at 159 Magnolia Boulevard built and last sold?
The property at 159 Magnolia Boulevard was built in 1936 and last sold on Jun 18, 2021 for $1,665,000.
How much is this home worth?
The estimated value of the home located at 159 Magnolia Boulevard is $1,614,990.
What are some comparable homes to 159 Magnolia Boulevard?
There are currently no comparable homes to 159 Magnolia Boulevard.

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