NOT LISTED FOR SALE

4385 Martha Ave Bronx, NY 10470

Woodlawn Heights Neighborhood

Estimated Value: $775,917 - $906,000

7 Beds
3 Baths
2,800 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $849,000 $303 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,163/month

18 Days on Market

Highlights

  • 1 Car Detached Garage
  • Hot Water Heating System
  • 2-minute walk to General Joseph Stilwell Memorial Park
  • Window Unit Cooling System

About This Home

As of July 2023

Updated, modern two family in high demand Woodlawn Heights. Strong income producer, beautiful inside and out! Nice private yard, long driveway for multiple cars and garage storage. Charming front porch and enclosed entrance for both units. Main floor unit with spacious common areas, good size bedrooms, updated kitchen and charming original details (hardwood floors, moldings) and in unit laundry and yard access. Upstairs duplex unit with spacious rooms, freshly painted kitchens, bedrooms and ample storage. Great rental history makes this a strong money maker and solid investment. 4 bed unit occupied month to month, upstairs vacant and move in ready! Close to public transportation, major highways. Zoned for PS19 9/10 rated preK-8th school.

Last Agent to Sell the Property

Erin Lee

Keller Williams Realty Group Brokerage Phone: (917) 816-1411 License #10301221975 Listed on: 06/01/2023

Keller Williams Realty Group

Last Buyer's Agent

Erin Lee

Keller Williams Realty Group Brokerage Phone: (917) 816-1411 License #10301221975 Listed on: 06/01/2023

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,435

Year Built

  • Built in 1920

Lot Details

  • 3,324 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 2,800 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03389-0025

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,435

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: (917) 816-1411
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2800
  • SquareFootage: 2800.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3324
  • Lot Size Units: Acres
  • Parcel Number: 03389-0025
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6435
  • Tax Map Number: 03389-0025

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
Jun 1, 2023
Closed on
Jul 18, 2023
Sold by
Mckernan Kristen and Mcshane Amanda
Bought by
4385 Martha Ave Llc
Seller's Agent
Erin Lee
Keller Williams Realty Group
Buyer's Agent
Erin Lee
Keller Williams Realty Group
List Price
$849,000
Sold Price
$849,000
Views
90
Current Estimated Value
$859,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,479
Avg. Annual Appreciation
-0.16%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Mary Cioffio As Surviving Tenant and The Entirety Of Louis Cioffi
Bought by
Mcshane Amanda and Mcshane Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
4385 Martha Ave Llc $849,000 --
Mcshane Amanda $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcshane Amanda $515,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $849,000 0.0% $303 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $849,000 0.0% $303 / Sq Ft
12/30/2021 12/30/21 Rented $3,000 0.0% --
12/07/2021 12/07/21 For Rent $3,000 -- --
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 $7,275 $36,496 $8,345 $28,151
2024 $7,275 $36,220 $7,819 $28,401
2023 $6,940 $34,170 $7,198 $26,972
2022 $6,435 $50,220 $10,440 $39,780
2021 $6,400 $44,760 $10,440 $34,320
2020 $6,438 $40,320 $10,440 $29,880
2019 $6,314 $36,420 $10,440 $25,980
2018 $5,805 $28,475 $9,091 $19,384
2017 $5,476 $26,864 $8,468 $18,396
2016 $5,067 $25,344 $8,384 $16,960
2015 $2,340 $25,344 $10,967 $14,377
2014 $2,340 $25,153 $10,884 $14,269
Source: Public Records

Agents Affiliated with this Home

  • Erin Lee

    Seller's Agent in 2023

    Erin Lee

    Keller Williams Realty Group

    (914) 713-3270

    23 in this area

    114 Total Sales

    Erin Lee
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Map

Source: OneKey® MLS

MLS Number: KEY6252155

OneKey® MLS

APN: 03389-0025

New York Bronx County Bronx 10470 Woodlawn Heights

4385 Martha Ave, Bronx, NY

This home is located at 4385 Martha Ave, Bronx, NY 10470 since 01 June 2023 and is currently estimated at $859,479, approximately $306 per square foot. This property was built in 1920. 4385 Martha Ave is a home located in Bronx County with nearby schools including P.S. 19 Judith K Weiss, St. Mark's Lutheran School, and St. Barnabas Elementary School.

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