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440 East Penn Street

440 East Penn Street, Long Beach, NY 11561
Multifamily in East End South
440 East Penn Street has been categorized by the local assessors in Long Beach, NY as a residential type of property. The building on the property was first built in 1940 and is 84 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 440 East Penn Street has 3,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 190 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of slate. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 440 East Penn Street was last sold in Oct 6, 2022 for $1,105,000. According to our calculations, that's $328.87 per sqft. Current property owners are expected to pay $15,462 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 440 East Penn Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $998. To break that down further, the land itself was valued at $435. While improvements to the property were assessed at a total of $563. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
Off Street Parking
Private Parking
Attached Garage: 1 Space
Garage Parking
Off-Site Parking

Waterfront

Access to Beach
Beach Front

Location

Near Public Transit
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220124
01/24/2022
8 Bed
4 Bath
-
$1,200,000
bedrooms
8 Bed
bathrooms
4 Bath
-
-
-
Alex Rubin
Elliman
20210524
05/24/2021
8 Bed
4 Bath
-
$1,200,000
bedrooms
8 Bed
bathrooms
4 Bath
-
-
-
Alex Rubin
Elliman

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 190
  • Parking Space Count: 0
  • 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: 3,360
  • Gross Building Area: 3,360
  • Building Area: 3,360
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,360
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

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

Ownership

  • Current Owner : HINSHAW CHANEY MEREDITH
  • Current Owner 2: CHANEY RYAN
  • Previous Owner : PARNES AARON
  • Previous Owner 2: LEAH PARNES TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416702

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-159-00-0023
  • Block: 159
  • Lot: 23-27
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5854
  • Longitude: -73.6509

    Address

  • Full Address: 440 E Penn St
  • Address - House Number: 440
  • Street Direction: E
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4440
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,462
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 1,168,318
  • High Value: 1,277,374
  • Low Value: 1,059,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $861,900
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $861,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $998,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998
  • Assessed Land Value: $435
  • Assessed Improvements Value: $563

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897229938
  • Current Sale Price: $1,105,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-102920

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $861,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

About East End South



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Frequently Asked Questions

What neighborhood is 440 East Penn Street located in?
The 440 East Penn Street is a multifamily located in the neighborhood of East End South in East End South, Long Beach.
What is the average sales price for listings in 440 East Penn Street?
The average sales price for units in 440 East Penn Street is $0 currently.

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