NOT LISTED FOR SALE

8533 Somerset St Jamaica, NY 11432

Jamaica Estates Neighborhood

Estimated Value: $1,130,000 - $2,007,000

-- Bed
-- Bath
2,936 Sq Ft
$504/Sq Ft Est. Value

About This Home

This home is located at 8533 Somerset St, Jamaica, NY 11432 and is currently estimated at $1,479,177, approximately $503 per square foot. 8533 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 23, 2025
Sold by
Gayle V Nelly Trust and William R Nelly Successor Trustee
Bought by
Khan Jhishan N and Uddin Sayara
Current Estimated Value
$1,479,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$898,464
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$580,713

Purchase Details

Closed on
Jun 27, 2014
Sold by
Nelly Gayle V
Bought by
Gayle V Nelly Trust Dated June 27 201 and Nelly Trustee Gayle V
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
Khan Jhishan N $1,125,000 --
Gayle V Nelly Trust Dated June 27 201 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Jhishan N $900,000
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 $6,134 $72,797 $18,833 $53,964
2024 $6,238 $68,676 $19,689 $48,987
2023 $5,774 $65,093 $17,527 $47,566
2022 $5,838 $81,960 $24,960 $57,000
2021 $5,987 $87,660 $24,960 $62,700
2020 $5,761 $90,060 $24,960 $65,100
2019 $5,327 $80,640 $24,960 $55,680
2018 $4,870 $54,244 $21,552 $32,692
2017 $4,883 $54,244 $19,043 $35,201
2016 $4,640 $54,244 $19,043 $35,201
2015 $2,647 $50,553 $24,329 $26,224
2014 $2,647 $47,692 $24,266 $23,426
Source: Public Records

Map

New York Queens County Jamaica 11432 Jamaica Estates

8533 Somerset St, Jamaica, NY

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