NOT LISTED FOR SALE

86-73 Somerset St Jamaica, NY 11432

Jamaica Estates Neighborhood

Estimated Value: $1,040,122 - $1,351,000

3 Beds
2.5 Baths
-- Sq Ft
3,500 Sq Ft Lot

Last Sold July 02, 2019

Last sale price $855,000

Est. 40% increase in value since last sale

Current estimated payment $6,965/month

33 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Corner Lot
  • Detached Garage

About This Home

As of July 2019

"Old World" character abounds in this 4 bedroom 2.5 bath colonial! This very well kept home features a 2-car detached garage, gas fireplace in the finished basement, gas heat, manicured landscaping and a prime location near mass transit and major highways., Additional information: Appearance:Good

Last Agent to Sell the Property

Julia Shildkret

Julia & Lena Metelev R E Group License #10301223663 Listed on: 03/28/2019

Co-Listed By

Lena Metelev

Julia & Lena Metelev R E Group License #10491213237

Last Buyer's Agent

Shahnewaz Qurashi

Exit Realty Prime License #10301222707

Exit Realty Prime

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 1930

Lot Details

  • 3,500 Sq Ft Lot
  • Corner Lot
  • Property is zoned R1-2

Parking

  • Detached Garage

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 25 / 9955
  • Assessor Parcel Number 09955-0025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,124

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Exclusions: Dishwasher
  • Year Built: 1930
  • Co List Office Mls Id: KEYJUSH01
  • Co List Office Phone: 718-591-5000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Heating: Natural Gas, Radiant
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 35x100 IRR
  • Lot Size Sq Ft: 3500
  • Lot Features: Corner Lot
  • Parcel Number: 09955-0025
  • Property Attached: No
  • Zoning: R1-2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 7124
  • Tax Block: 9955
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 2, 2019
Sold by
8673 Somerset Llc
Bought by
Mohammed Hanif and Qurashi Shaila
Seller's Agent
Julia Shildkret
Julia & Lena Metelev R E Group
Buyer's Agent
Shahnewaz Qurashi
Exit Realty Prime
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%
Current Estimated Value
$1,194,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,031
Avg. Annual Appreciation
5.40%
Original Mortgage
$600,000
Outstanding Balance
$524,274
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$669,757

Purchase Details

Closed on
Jan 15, 2019
Sold by
Maxwell Delores P
Bought by
8673 Somerset Llc

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
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Berg Concetta
Bought by
Coviello Christine
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Mohammed Hanif $855,000 --
Mohammed Hanif $855,000 --
8673 Somerset Llc $950,000 --
8673 Somerset Llc $950,000 --
Coviello Christine -- --
Coviello Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Hanif $600,000
Closed Mohammed Hanif $600,000
Previous Owner 8673 Somerset Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $855,000 -- --
07/02/2019 07/02/19 Sold $855,000 -4.9% --
04/30/2019 04/30/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $899,000 -- --
Source: OneKey® MLS

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 $8,208 $43,318 $12,069 $31,249
2024 $8,208 $40,867 $11,284 $29,583
2023 $8,208 $40,867 $10,125 $30,742
2022 $8,097 $57,120 $16,500 $40,620
2021 $8,052 $57,540 $16,500 $41,040
2020 $7,641 $53,400 $16,500 $36,900
2019 $7,124 $58,800 $16,500 $42,300
2018 $6,645 $34,056 $11,915 $22,141
2017 $6,590 $33,799 $12,856 $20,943
2016 $6,064 $33,799 $12,856 $20,943
2015 $4,182 $30,082 $16,153 $13,929
2014 $4,182 $28,380 $18,300 $10,080
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julia Shildkret

    Julia & Lena Metelev R E Group

    Section Image
  • Lena Metelev

    Seller Co-Listing Agent in 2019

    Lena Metelev

    Julia & Lena Metelev R E Group

    (718) 591-5000

    9 in this area

    97 Total Sales

    Lena Metelev
    Section Image
  • Shahnewaz Qurashi

    Buyer's Agent in 2019

    Shahnewaz Qurashi

    Exit Realty Prime

    (917) 587-4149

    1 in this area

    33 Total Sales

    Shahnewaz Qurashi
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3113552

OneKey® MLS

APN: 09955-0025

New York Queens County Jamaica 11432 Jamaica Estates

86-73 Somerset St, Jamaica, NY

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