1004 Beach Avenue

Property Overview

This one-storey home at 1004 Beach Avenue in East Elmwood is a practical and well-positioned property. Built in 1957, it features 1,024 square feet of living space, a renovated basement, and a detached garage on a 4,146 sqft lot. The data suggests it’s a solid, average-sized home for its immediate neighborhood, but it stands out for its above-average assessed value relative to other homes on Beach Avenue and in East Elmwood. This indicates it is likely well-maintained or updated compared to its peers. Its appeal lies in being a move-in ready, single-level living option in an established area, with the added flexibility of a finished basement. It would suit first-time buyers, downsizers looking for minimal stairs, or investors seeking a stable property in a neighborhood where it holds its value well against local benchmarks.

Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is in the top 17% on its street and top 16% in East Elmwood, meaning it is officially valued higher than most comparable nearby properties. This often reflects recent renovations or better overall condition.

2. Is the living space typical for the neighborhood?
Yes. At just over 1,000 sqft, the living area is very close to the average for both Beach Avenue and the wider East Elmwood area, making it a standard-sized home for the community.

3. What does the sale history tell us?
The home sold for $41.5k in July 2022, a price that ranked in the top 5% for the street at that time. This strong historical sale, followed by its current high assessed value, suggests a pattern of it being a premium property within its local context.

4. Who might find the lot size a limitation?
While the lot is average for the neighborhood, it is below the city-wide average. Buyers envisioning extensive additions, a large workshop, or significant landscaping might find the space limiting, but it is perfectly standard for East Elmwood.

5. What is a less obvious point to consider about this property?
The home is newer than many on its street (built in 1957, ranking in the top 24%), which could imply fewer immediate concerns with very old infrastructure. However, as a nearly 70-year-old home, a thorough inspection of core systems like plumbing, electrical, and the foundation remains essential.