NOT LISTED FOR SALE

16122 118th Ave Jamaica, NY 11434

South Jamaica Neighborhood

Estimated Value: $607,144 - $684,000

-- Bed
-- Bath
1,318 Sq Ft
$496/Sq Ft Est. Value

About This Home

This home is located at 16122 118th Ave, Jamaica, NY 11434 and is currently estimated at $654,036, approximately $496 per square foot. 16122 118th Ave is a home located in Queens County with nearby schools including P.S. 140 - Edward K. Ellington, Catherine & Count Basie Middle School 72, and Rochdale Early Advantage Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2004
Sold by
Maynard Velda and Phillips Cherally
Bought by
Maynard Velda
Current Estimated Value
$654,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,319
Outstanding Balance
$137,075
Interest Rate
5.6%
Estimated Equity
$521,663

Purchase Details

Closed on
Nov 25, 1998
Sold by
Henry David A and Henry Patricia D
Bought by
Maynard Velda and Phillips Cherally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,850
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Maynard Velda -- --
Maynard Velda -- --
Maynard Velda $149,000 --
Maynard Velda $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maynard Velda $40,000
Closed Maynard Velda $5,910
Open Maynard Velda $290,319
Previous Owner Maynard Velda $148,850
Closed Maynard Velda $0
Source: Public Records

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 $1,741 $25,148 $7,484 $17,664
2024 $1,845 $24,936 $7,688 $17,248
2023 $1,601 $23,538 $6,199 $17,339
2022 $1,558 $43,080 $11,820 $31,260
2021 $1,546 $35,700 $11,820 $23,880
2020 $1,559 $33,900 $11,820 $22,080
2019 $1,515 $32,700 $11,820 $20,880
2018 $1,340 $19,615 $7,592 $12,023
2017 $938 $18,511 $8,873 $9,638
2016 $1,125 $18,511 $8,873 $9,638
2015 $263 $17,464 $8,915 $8,549
2014 $263 $17,317 $9,799 $7,518
Source: Public Records

Map

New York Queens County Jamaica 11434 South Jamaica

16122 118th Ave, Jamaica, NY

This home is located at 16122 118th Ave, Jamaica, NY 11434 and is currently estimated at $654,036, approximately $496 per square foot. 16122 118th Ave is a home located in Queens County with nearby schools including P.S. 140 - Edward K. Ellington, Catherine & Count Basie Middle School 72, and Rochdale Early Advantage Charter School.

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.

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