NOT LISTED FOR SALE

85-16 Somerset St Jamaica, NY 11432

Jamaica Estates Neighborhood

Estimated Value: $1,437,000 - $1,763,000

6 Beds
3 Baths
2,976 Sq Ft
$560/Sq Ft Est. Value

About This Home

This home is located at 85-16 Somerset St, Jamaica, NY 11432 and is currently estimated at $1,667,439, approximately $560 per square foot. 85-16 Somerset St is a home located in Queens County with nearby schools including P.S. I.S. 178 The Holliswood School, George J. Ryan Middle School 216, and Immaculate Conception Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Soniprasad Chetram
Bought by
Biswajit Soniprasad Trustee and Nck Irrevocable Trust
Current Estimated Value
$1,667,439

Purchase Details

Closed on
Aug 8, 2018
Sold by
Barrett Christina Mary and Ryan Elizabeth B
Bought by
Soniprasad Chetram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Barrett Christina Mary and Barrett Lynn Maureen
Bought by
Barrett Christina Mary and Ryan Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1994
Sold by
Barrett W Wright and Barrett Elizabeth A
Bought by
Ryan Elizabeth Christine and Barrett Christina Mary
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

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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
Biswajit Soniprasad Trustee -- --
Biswajit Soniprasad Trustee -- --
Soniprasad Chetram $1,275,000 --
Soniprasad Chetram $1,275,000 --
Barrett Christina Mary $482,000 --
Barrett Christina Mary $482,000 --
Ryan Elizabeth Christine -- --
Ryan Elizabeth Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soniprasad Chetram $1,020,000
Previous Owner Barrett Christina Mary $600,000
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 $15,223 $80,068 $24,081 $55,987
2024 $15,223 $75,794 $27,313 $48,481
2023 $14,413 $71,762 $23,308 $48,454
2022 $13,566 $94,500 $31,200 $63,300
2021 $13,346 $90,120 $28,680 $61,440
2020 $13,323 $79,800 $28,680 $51,120
2019 $12,421 $74,940 $28,680 $46,260
2018 $11,419 $56,018 $20,316 $35,702
2017 $10,773 $52,848 $25,542 $27,306
2016 $10,565 $52,848 $25,542 $27,306
2015 $5,793 $52,450 $25,884 $26,566
2014 $5,793 $49,482 $28,467 $21,015
Source: Public Records

Map

New York Queens County Jamaica 11432 Jamaica Estates

85-16 Somerset St, Jamaica, NY

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