NOT LISTED FOR SALE

1660 Wallace Ave Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $851,000 - $1,120,000

6 Beds
2 Baths
3,483 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $729,000 $209 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,679/month

24 Days on Market

Highlights

  • 0.05 Acre Lot
  • Porch
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • 5-minute walk to Van Nest Park

About This Home

As of April 2021

Large 2-family property in Van Nest. Features two spacious 3-bedroom apartments with high ceilings, large rooms and plenty of closet space. First floor apartment has rear access to a patio deck overlooking a finished yard space. Second floor apartment has a bonus room which can be used as a 4th bedroom. There is a full, finished walk-out basement the size of a 1-bedroom apartment with laundry, a front and rear entrance. Centrally located close to plenty of shops and restaurants on Morris Park Ave. Close to the #2 & 5 trains at Bronx Park East and buses BX21,22,39,40&42. Will be delivered vacant and empty.

Last Agent to Sell the Property

Bryan Dale

eXp Realty License #10301216942 Listed on: 01/30/2021

eXp Realty

Co-Listed By

Janelly Dale

eXp Realty License #10401304421

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1901

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,483 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04040-0021

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,367

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 888-276-0630
  • 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, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3483.00
  • Square Footage: 3483.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park

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: 2374.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04040-0021
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-02-06
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2021-04-12
  • Tax Annual Amount: 6367.00
  • Tax Map Number: 04040-0021

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

Closed on
Jul 15, 2021
Sold by
Babar Shiba
Bought by
1660 Wallace Llc
Current Estimated Value
$958,798

Purchase Details

Listed on
Jan 30, 2021
Closed on
Apr 12, 2021
Sold by
Alves Antonio E and Alves Antonio H
Bought by
Babar Shiba
Seller's Agent
Bryan Dale
eXp Realty
List Price
$725,000
Sold Price
$729,000
Premium/Discount to List
$4,000
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$546,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2004
Sold by
Alves Antonio E
Bought by
Alves Antonio E and Alves Antonio H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
Bacigalupo Richard
Bought by
Alves Antonio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,527
Interest Rate
6.39%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1660 Wallace Llc -- --
1660 Wallace Llc -- --
Babar Shiba $729,000 --
Babar Shiba $729,000 --
Alves Antonio E -- --
Alves Antonio E -- --
Alves Antonio E -- --
Alves Antonio E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babar Shiba $546,750
Previous Owner Alves Antonio E $14,062
Previous Owner Alves Antonio E $35,000
Previous Owner Alves Antonio E $350,000
Previous Owner Alves Antonio E $272,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $729,000 0.0% $209 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/06/2021 02/06/21 Off Market $729,000 -- --
01/30/2021 01/30/21 For Sale $725,000 -- $208 / 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 $6,839 $36,095 $5,228 $30,867
2024 $6,839 $34,052 $5,877 $28,175
2023 $6,524 $32,126 $5,776 $26,350
2022 $6,413 $44,280 $8,760 $35,520
2021 $6,407 $43,980 $8,760 $35,220
2020 $6,071 $37,140 $8,760 $28,380
2019 $5,643 $37,140 $8,760 $28,380
2018 $5,160 $26,772 $6,004 $20,768
2017 $5,158 $26,772 $6,304 $20,468
2016 $5,002 $26,569 $7,460 $19,109
2015 $2,826 $25,066 $8,640 $16,426
2014 $2,826 $23,648 $8,186 $15,462
Source: Public Records

Agents Affiliated with this Home

  • Bryan Dale

    Seller's Agent in 2021

    Bryan Dale

    eXp Realty

    (646) 561-9583

    2 in this area

    125 Total Sales

    Bryan Dale
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Janelly Dale

    eXp Realty

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6094180

OneKey® MLS

APN: 04040-0021

New York Bronx County Bronx 10462 Van Nest

1660 Wallace Ave, Bronx, NY

This home is located at 1660 Wallace Ave, Bronx, NY 10462 since 30 January 2021 and is currently estimated at $958,798, approximately $275 per square foot. This property was built in 1901. 1660 Wallace Ave is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Bronx Excellence 2, and Icahn Charter School 2.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes