NOT LISTED FOR SALE

1839 Wallace Ave Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $759,947 - $1,026,000

6 Beds
2 Baths
2,557 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $825,000 $323 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,641/month

Highlights

  • 0.05 Acre Lot
  • Baseboard Heating
  • 4-minute walk to Matthews Mulliner Playground

About This Home

As of September 2020

Buy this house with $29,643 down payment!! Luxury Renovated!! Fully Vacant!! In the heart of MORRIS PARK. 3 Bedroom 1 Bathroom 1 Dining Room over 3 Bedroom 1 Bathroom over Finished basement Large Yard. ** New Window ** New 4 in Oak Wood Floors ** New Plumbing ** New Electrical ** New Effiency Boiler ** Luxury American Stainless Appliances ** Located on a treelined Nieghborhood Near All Transportation, Major Highways and Store. Bus BX21,22,39 BXMN10 MTA Train 2/5 Additional Information: HeatingFuel:Oil Below Ground, Appliances: Electric Water Heater BuildingAreaSource: Public Records, ConstructionDescription: Aluminum Siding, ParkingFeatures: On Street,

Last Agent to Sell the Property

Ryan Gehris

Unreal Estate Brokerage, LLC Brokerage Phone: 866-534-3726 License #10491212098 Listed on: 05/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1899

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 04052-0054

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 866-534-3726
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 0.0545
  • Parcel Number: 04052-0054
  • Property Attached: Yes

Multi Family

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

Tax Info

  • Tax Annual Amount: 5800
  • Tax Map Number: 04052-0054

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
May 14, 2020
Closed on
Sep 22, 2020
Sold by
Big V International Llc
Bought by
Chowdhury Reasat and Haidar Amina
Seller's Agent
Ryan Gehris
Unreal Estate Brokerage, LLC
List Price
$846,490
Sold Price
$825,000
Premium/Discount to List
-$21,490
-2.54%
Current Estimated Value
$917,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,487
Avg. Annual Appreciation
1.61%
Original Mortgage
$825,000
Outstanding Balance
$738,751
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,337

Purchase Details

Closed on
Oct 30, 2019
Sold by
Baserap As Executor John
Bought by
Big V International Llc
Source: Public Records

Range of Values:

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Average Value
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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
Chowdhury Reasat $825,000 --
Big V International Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Reasat $825,000
Previous Owner Karabin Rose $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $825,000 -2.5% $323 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $846,490 -- $331 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $7,420 $38,822 $8,197 $30,625
2024 $7,420 $36,942 $7,546 $29,396
2023 $7,143 $35,171 $6,178 $28,993
2022 $6,688 $48,840 $9,780 $39,060
2021 $7,050 $39,660 $9,780 $29,880
2020 $5,854 $34,200 $9,780 $24,420
2019 $2,070 $34,560 $9,780 $24,780
2018 $1,850 $24,616 $6,882 $17,734
2017 $1,721 $23,223 $9,165 $14,058
2016 $1,700 $23,223 $9,034 $14,189
2015 $882 $23,048 $9,250 $13,798
2014 $882 $21,744 $8,427 $13,317
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2020

    Ryan Gehris

    Unreal Estate Brokerage, LLC

    (866) 807-9087

    1 in this area

    2,191 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY6039251

OneKey® MLS

APN: 04052-0054

New York Bronx County Bronx 10462 Van Nest

1839 Wallace Ave, Bronx, NY

This home is located at 1839 Wallace Ave, Bronx, NY 10462 since 14 May 2020 and is currently estimated at $917,487, approximately $358 per square foot. This property was built in 1899. 1839 Wallace Ave is a home located in Bronx County with nearby schools including P.S. 105 Senator Abraham Bernstein, Bronx Green Middle School, and Pelham Academy.

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