NOT LISTED FOR SALE

1833 Wallace Ave Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $760,618 - $992,000

6 Beds
2 Baths
1,923 Sq Ft
$457/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $812,500 $423 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,038/month

45 Days on Market

Highlights

  • 0.05 Acre Lot
  • Baseboard Heating
  • 4-minute walk to Matthews Mulliner Playground
  • Cooling System Mounted In Outer Wall Opening
  • 1 Car Garage

About This Home

As of May 2022

Location, Location, Location Fully renovated Legal 2 family home Frame fully Detach feature 3Brs Apt over 3Brs Apt plus huge full Basement and Garage. Please email pre-approval letter before scheduling a Showing. It won't Last !

Last Agent to Sell the Property

Ramon Gonzalez

In Motion Realty Group Inc. License #10311204722 Listed on: 12/13/2021

Last Buyer's Agent

Matthew Harms

Time Away Realty Group License #10311209345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,227

Year Built

  • Built in 1899

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • 1,923 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04052-0056

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,227

Year Built

Built in 1899

Lot Details

2,374 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 718-684-1260
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 1923.00
  • Square Footage: 1923.00

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Parcel Number: 04052-0056
  • Property Attached: No

Tax Info

  • Close Date: 2022-05-03
  • Tax Annual Amount: 5227.00
  • Tax Map Number: 04052-0056

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
May 3, 2022
Sold by
Martinez Jennifer Angela
Bought by
Siddek Parvez and Siddik Rubez
Seller's Agent
Ramon Gonzalez
In Motion Realty Group Inc.
Buyer's Agent
Matthew Harms
Time Away Realty Group
List Price
$879,000
Sold Price
$812,500
Premium/Discount to List
-$66,500
-7.57%
Current Estimated Value
$878,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,905
Avg. Annual Appreciation
2.04%
Original Mortgage
$650,000
Outstanding Balance
$612,527
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$265,878

Purchase Details

Closed on
Jul 8, 2016
Sold by
Powell Sherrell
Bought by
Martinez Jennifer Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,480
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Powell Gloria Ann and Powell Sherrell
Bought by
Powell Sherrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1995
Sold by
Powell Egbert L and Powell Maudrey
Bought by
Powell Gloria Ann and Powell Sherrell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Siddek Parvez $812,500 --
Siddek Parvez $812,500 --
Martinez Jennifer Angela $465,000 --
Martinez Jennifer Angela $465,000 --
Powell Sherrell $194,000 --
Powell Sherrell $194,000 --
Powell Gloria Ann -- National Attorneys Title Ins
Powell Gloria Ann -- National Attorneys Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siddek Parvez $650,000
Closed Siddek Parvez $650,000
Previous Owner Martinez Jennifer Angela $449,480
Previous Owner Powell Sherrell $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $812,500 -7.6% $423 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $879,000 -- $457 / Sq Ft
Source: OneKey® MLS

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 $5,615 $29,632 $6,286 $23,346
2024 $5,615 $27,955 $5,838 $22,117
2023 $5,357 $26,375 $5,956 $20,419
2022 $4,967 $41,220 $9,660 $31,560
2021 $5,237 $43,260 $9,660 $33,600
2020 $5,227 $37,440 $9,660 $27,780
2019 $4,873 $32,520 $9,660 $22,860
2018 $4,480 $21,979 $6,434 $15,545
2017 $4,227 $20,736 $8,582 $12,154
2016 $4,145 $20,736 $8,671 $12,065
2015 $2,359 $20,578 $8,876 $11,702
2014 $2,359 $19,414 $8,157 $11,257
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ramon Gonzalez

    In Motion Realty Group Inc.

    (718) 684-1260

    2 in this area

    16 Total Sales

    Ramon Gonzalez
    Section Image

  • M

    Buyer's Agent in 2022

    Matthew Harms

    Time Away Realty Group

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6157775

OneKey® MLS

APN: 04052-0056

New York Bronx County Bronx 10462 Van Nest

1833 Wallace Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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