NOT LISTED FOR SALE

22016 Jamaica Ave Jamaica, NY 11428

Queens Village Neighborhood

Estimated Value: $11,346,338

-- Bed
-- Bath
14,570 Sq Ft
$779/Sq Ft Est. Value

About This Home

This home is located at 22016 Jamaica Ave, Jamaica, NY 11428 and is currently estimated at $11,346,338, approximately $778 per square foot. 22016 Jamaica Ave is a home located in Queens County with nearby schools including P.S. Is 295, Jean Nuzzi Intermediate School, and Ss Joachim & Anne School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2006
Sold by
Fortune Hospitality Group Llc
Bought by
Ultimate Hospitality Group Llc
Current Estimated Value
$11,346,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$326,790
Interest Rate
6.29%
Mortgage Type
Commercial
Estimated Equity
$11,019,548

Purchase Details

Closed on
Mar 7, 2005
Sold by
Har Har Har Mahadev Inc
Bought by
Fortune Hospitality Group Llc

Purchase Details

Closed on
Apr 28, 1997
Sold by
Shree Ram Inc
Bought by
Har Har Har Mahadev Inc
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.

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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

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.

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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.

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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
Ultimate Hospitality Group Llc $7,500,000 --
Ultimate Hospitality Group Llc $7,500,000 --
Fortune Hospitality Group Llc $4,500,000 --
Fortune Hospitality Group Llc $4,500,000 --
Har Har Har Mahadev Inc $850,000 --
Har Har Har Mahadev Inc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ultimate Hospitality Group Llc $550,000
Closed Ultimate Hospitality Group Llc $550,000
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 $197,701 $1,764,270 $450,000 $1,314,270
2024 $197,701 $1,866,510 $450,000 $1,416,510
2023 $186,033 $1,756,350 $450,000 $1,306,350
2022 $173,021 $1,608,750 $450,000 $1,158,750
2021 $156,929 $1,526,850 $450,000 $1,076,850
2020 $228,908 $2,526,750 $450,000 $2,076,750
2019 $210,245 $2,553,750 $450,000 $2,103,750
2018 $186,891 $2,015,140 $450,000 $1,565,140
2017 $164,597 $1,862,500 $450,000 $1,412,500
2016 $151,293 $1,862,500 $450,000 $1,412,500
2015 $48,052 $1,677,356 $450,000 $1,227,356
2014 $48,052 $1,530,117 $450,000 $1,080,117
Source: Public Records

Map

New York Queens County Jamaica 11428 Queens Village

22016 Jamaica Ave, Jamaica, NY

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