NOT LISTED FOR SALE

8540 Somerset St Jamaica, NY 11432

Jamaica Estates Neighborhood

Estimated Value: $1,498,000 - $1,789,000

-- Bed
-- Bath
2,250 Sq Ft
$718/Sq Ft Est. Value

About This Home

This home is located at 8540 Somerset St, Jamaica, NY 11432 and is currently estimated at $1,616,542, approximately $718 per square foot. 8540 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.

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
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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

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 $14,912 $79,783 $34,248 $45,535
2024 $14,924 $75,644 $31,268 $44,376
2023 $14,205 $72,122 $32,037 $40,085
2022 $13,296 $88,680 $37,500 $51,180
2021 $13,696 $80,880 $37,500 $43,380
2020 $13,777 $73,500 $37,500 $36,000
2019 $12,894 $72,060 $37,500 $34,560
2018 $11,954 $60,102 $28,984 $31,118
2017 $11,259 $56,700 $37,500 $19,200
2016 $10,766 $56,700 $37,500 $19,200
2015 $6,462 $55,405 $33,291 $22,114
2014 $6,462 $52,531 $28,888 $23,643
Source: Public Records

Map

New York Queens County Jamaica 11432 Jamaica Estates

8540 Somerset St, Jamaica, NY

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