NOT LISTED FOR SALE

1869 Wallace Ave Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $786,018 - $988,000

5 Beds
2 Baths
2,710 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $750,000 $277 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,235/month

22 Days on Market

Highlights

  • 0.05 Acre Lot
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of September 2021

HOT LISTING! This one won't last. Why rent when you can own and spend the same amount of money every month? This two-family home is the one you've been waiting for. Two units 5 bedrooms, extra rooms to be used as bedroom/office and 3 bathrooms on the three levels. The basement has its own entrance in the front.

Last Agent to Sell the Property

John Buoninfante

Real Broker NY LLC License #10301211182 Listed on: 07/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1899

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,710 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 04052-0042

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,788

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 914-437-6100
  • 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
  • Basement: Finished
  • Total Bedrooms: 5
  • Living Area: 2710.00
  • Square Footage: 2710.00

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2178.00
  • Lot Size Units: Acres
  • Parcel Number: 04052-0042
  • Property Attached: No

Tax Info

  • Close Date: 2021-09-30
  • Tax Annual Amount: 5788.00
  • Tax Map Number: 04052-0042

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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
Jul 11, 2021
Closed on
Sep 28, 2021
Sold by
Seabrook Margie and Seabrook Ronald
Bought by
Loja Mayancel Segundo J and Mayancela Maria C
Seller's Agent
John Buoninfante
Real Broker NY LLC
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Current Estimated Value
$897,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,005
Avg. Annual Appreciation
4.48%
Original Mortgage
$615,000
Outstanding Balance
$560,823
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$336,182

Purchase Details

Closed on
Jan 31, 2000
Sold by
Cardarelli Donato and Cardarelli Marco
Bought by
Seabrook Ronald and Seabrook Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,160
Interest Rate
8.31%
Mortgage Type
FHA
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
Loja Mayancel Segundo J $750,000 --
Seabrook Ronald $228,000 Record & Return Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loja Mayancel Segundo J $615,000
Previous Owner Seabrook Ronald $221,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $750,000 +3.4% $277 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $725,000 -- $268 / 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 $6,207 $32,756 $6,318 $26,438
2024 $6,207 $30,902 $6,347 $24,555
2023 $5,921 $29,154 $6,163 $22,991
2022 $5,491 $42,300 $9,120 $33,180
2021 $5,485 $43,980 $9,120 $34,860
2020 $5,482 $38,340 $9,120 $29,220
2019 $5,094 $32,760 $9,120 $23,640
2018 $4,655 $24,295 $6,838 $17,457
2017 $4,373 $22,920 $9,120 $13,800
2016 $4,333 $23,223 $9,098 $14,125
2015 $2,423 $23,048 $8,523 $14,525
2014 $2,423 $21,744 $8,221 $13,523
Source: Public Records

Agents Affiliated with this Home

  • John Buoninfante

    Seller's Agent in 2021

    John Buoninfante

    Real Broker NY LLC

    (646) 391-1093

    1 in this area

    42 Total Sales

    John Buoninfante
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Map

Source: OneKey® MLS

MLS Number: KEY6129420

OneKey® MLS

APN: 04052-0042

New York Bronx County Bronx 10462 Van Nest

1869 Wallace Ave, Bronx, NY

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