1961 Wallace Ave Bronx, NY 10462
Van Nest Neighborhood
4
Beds
1
Bath
3,216
Sq Ft
2,375
Sq Ft Lot
Highlights
- 0.05 Acre Lot
- Granite Countertops
- Baseboard Heating
- Wood Flooring
- Recessed Lighting
About This Home
Introducing the perfect multi-family investment opportunity offering 3,216 sq. ft. of finished space. The finished walkout basement is 1,032 sq. ft. With 4 bedrooms and 3 bathrooms, this residence provides ample room for versatile living! Enjoy the elegance of hardwood floors and recessed lighting throughout. The kitchen features essential appliances, including a dishwasher, gas stove, and refrigerator. Step outside to a charming deck and back yard, ideal for relaxation and entertaining.The finished walkout basement has a guest room/office, recreational room, full bathroom, and summer kitchen making it your ideal entertainment area. The backyard is accessible from the 1st floor unit or the basement. Additional notes: 1 storage shed, efficient baseboard heating, wall units for cooling, and the convenience of a washer and dryer. Street parking is available for added accessibility. There are 3 electric meters, 2 gas meters, 2 boilers, and 2 hot water heaters. Seize the opportunity to own this terrific investment home!
Last Agent to Sell the Property
Compass Greater NY, LLC Brokerage Phone: 914-337-0070 License #10401284064 Listed on: 03/11/2025
Co-Listed By
Compass Greater NY, LLC Brokerage Phone: 914-337-0070 License #10401292375
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,131
Year Built
- Built in 1905
Lot Details
- 2,375 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Recessed Lighting
- Wood Flooring
- Granite Countertops
- Washer and Dryer Hookup
- Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 04260-0038
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2012
Sold by
Jil Mazer- Marino Chapter 7 Trustee
Bought by
Gonzalez Elizabeth
Purchase Details
Closed on
Jan 11, 2007
Sold by
Vasquez Anthony
Bought by
Gonzalez Elizabeth and Loarte Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2006
Sold by
Occhipinti Giorgio A and Occhipinti Rosa
Bought by
Vasquez Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,500 | -- | |
| Deed | $644,800 | -- | |
| Deed | $540,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,973 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $515,800 | Purchase Money Mortgage | |
| Previous Owner | $129,000 | No Value Available | |
| Previous Owner | $432,000 | Purchase Money Mortgage | |
| Previous Owner | $108,000 | No Value Available | |
| Previous Owner | $101,100 | No Value Available | |
| Previous Owner | $101,100 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $899,000 | -- | $426 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $6,131 | $32,316 | $4,928 | $27,388 |
| 2024 | $6,131 | $30,524 | $5,010 | $25,514 |
| 2023 | $6,199 | $30,524 | $5,118 | $25,406 |
| 2022 | $5,922 | $45,660 | $8,400 | $37,260 |
| 2021 | $6,008 | $44,580 | $8,400 | $36,180 |
| 2020 | $5,700 | $40,500 | $8,400 | $32,100 |
| 2019 | $5,321 | $32,640 | $8,400 | $24,240 |
| 2018 | $5,185 | $25,437 | $7,529 | $17,908 |
| 2017 | $5,039 | $24,720 | $8,400 | $16,320 |
| 2016 | $4,755 | $23,788 | $6,867 | $16,921 |
| 2015 | $2,647 | $22,442 | $7,497 | $14,945 |
| 2014 | $2,647 | $21,198 | $7,516 | $13,682 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Chung
Seller's Agent in 2025
Susan Chung
Compass
(347) 268-3389
40 Total Sales
-
Roseanne Degliuomini
Seller Co-Listing Agent in 2025
Roseanne Degliuomini
Compass
(212) 913-9058
21 Total Sales
Map
Source: OneKey® MLS
MLS Number: 834234
APN: 04260-0038
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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