NOT LISTED FOR SALE

8 Wallace Ave Mount Vernon, NY 10552

North Side Neighborhood

Estimated Value: $806,231 - $1,056,000

5 Beds
3 Baths
2,610 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2019

Last sale price $605,000 $232 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,266 / mo

35 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • Park

About This Home

As of November 2019

Great multi family located in the Fleetwood section of Mount Vernon. Wonderful details throughout. High ceilings, hardwood floors, spacious front porch & level backyard for BBQ's and outdoor entertainment. Short walk to Metro North & Shops. Truly a must see! Taxes do not include STAR!

Last Agent to Sell the Property

Darryl Selsey

Four Seasons RealEstate Center License #31SE0932906 Listed on: 07/19/2019

Co-Listed By

Isabel Suspiro

Four Seasons RealEstate Center License #30SU0533787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,882

Year Built

  • Built in 1907

Lot Details

  • 5,053 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,610 Sq Ft Home
  • Partially Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Lincoln Elementary School
  • Ab Davis Steam High Middle School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0800-165-046-01127-000-0002

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,882

Year Built

Built in 1907

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2610.00
  • Square Footage: 2610.00

Exterior Features

  • Construction Materials: Other
  • Fencing: Fenced
  • Exterior Features: Sprinkler Lawn System
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.1200
  • Lot Dimensions: 0.1160
  • Lot Size Sq Ft: 5053.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-165-046-01127-000-0002
  • Property Attached: No

Tax Info

  • Close Date: 2019-11-19
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 16882.00
  • Tax Map Number: 0800-165-046-01127-000-0002

Multi Family

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

MLS Schools

  • Elementary School: Lincoln School
  • High School: Call Listing Agent
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Estima John L
Bought by
Benfica Properties 3 Llc
Current Estimated Value
$916,058

Purchase Details

Listed on
Jul 19, 2019
Closed on
Nov 19, 2019
Sold by
Stano Joanne and Knapp Robert
Bought by
Estima John L and Estima Nuno
Seller's Agent
Darryl Selsey
Four Seasons RealEstate Center
List Price
$635,000
Sold Price
$605,000
Premium/Discount to List
-$30,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$453,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Knapp William E and Knapp Dorothy
Bought by
Stano Joanne and Knapp Robert

Purchase Details

Closed on
Mar 20, 1996
Sold by
Knapp William E and Knapp Dorothy
Bought by
Knapp William E and Knapp Dorothy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benfica Properties 3 Llc -- --
Estima John L $605,000 Boston National Title
Stano Joanne -- None Available
Knapp William E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estima John L $453,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $605,000 -4.7% $232 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $635,000 -- $243 / 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 $16,500 $10,000 $3,000 $7,000
2024 $16,500 $10,000 $3,000 $7,000
2023 $15,925 $10,000 $3,000 $7,000
2022 $15,767 $10,000 $3,000 $7,000
2021 $15,483 $10,000 $3,000 $7,000
2020 $16,958 $10,000 $3,000 $7,000
2019 $16,749 $11,500 $3,000 $8,500
2018 $3,658 $11,500 $3,000 $8,500
2017 $0 $11,500 $3,000 $8,500
2016 $16,380 $11,500 $3,000 $8,500
2015 -- $11,500 $3,000 $8,500
2014 -- $11,500 $3,000 $8,500
2013 -- $11,500 $3,000 $8,500
Source: Public Records

Agents Affiliated with this Home

  • Darryl Selsey

    Seller's Agent in 2019

    Darryl Selsey

    Four Seasons RealEstate Center

    (914) 667-6767

    33 in this area

    84 Total Sales

    Darryl Selsey
    Section Image
  • Isabel Suspiro

    Seller Co-Listing Agent in 2019

    Isabel Suspiro

    Four Seasons RealEstate Center

    (914) 667-6767

    22 in this area

    63 Total Sales

    Isabel Suspiro
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4993865

OneKey® MLS

APN: 0800-165-046-01127-000-0002

New York Westchester County Mount Vernon 10552 North Side

8 Wallace Ave, Mount Vernon, NY

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Based on information submitted to the MLS GRID

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