NOT LISTED FOR SALE

8618 Somerset St Jamaica, NY 11432

Jamaica Estates Neighborhood

Estimated Value: $791,000 - $1,199,000

-- Bed
-- Bath
1,223 Sq Ft
$840/Sq Ft Est. Value

About This Home

This home is located at 8618 Somerset St, Jamaica, NY 11432 and is currently estimated at $1,027,158, approximately $839 per square foot. 8618 Somerset St is a home located in Queens County with nearby schools including P.S. 131 - Abigail Adams, George J. Ryan Middle School 216, and Immaculate Conception Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Chan Jenny Lee and Goris Erving Augusto
Bought by
Kakuriyeva Kristina and Maksumov Arthur
Current Estimated Value
$1,027,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$574,418
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,740

Purchase Details

Closed on
May 2, 2017
Sold by
Ba Ramatoulaye
Bought by
Chan Jenny Lee and Goris Erving Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,521
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2016
Sold by
Sy Oumar
Bought by
Ba Ramatoulaye

Purchase Details

Closed on
Dec 11, 1998
Sold by
Patel Jay and Patel Kalpesh
Bought by
Sy Oumar and Ba Ramatoulaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1994
Sold by
Patel Jagdish and Patel Sumitra
Bought by
Patel Jay and Patel Kalpesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kakuriyeva Kristina $900,000 --
Kakuriyeva Kristina $900,000 --
Chan Jenny Lee $728,000 --
Chan Jenny Lee $728,000 --
Ba Ramatoulaye -- --
Ba Ramatoulaye -- --
Sy Oumar $269,000 Stewart Title Insurance Co
Sy Oumar $269,000 Stewart Title Insurance Co
Patel Jay -- First American Title Ins Co
Patel Jay -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakuriyeva Kristina $585,000
Closed Kakuriyeva Kristina $585,000
Previous Owner Chan Jenny Lee $431,521
Previous Owner Sy Oumar $242,000
Previous Owner Patel Jay $176,000
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 $9,047 $47,744 $16,851 $30,893
2024 $9,047 $45,043 $15,898 $29,145
2023 $8,535 $42,494 $16,583 $25,911
2022 $8,003 $54,240 $20,160 $34,080
2021 $8,437 $50,460 $20,160 $30,300
2020 $8,422 $47,760 $20,160 $27,600
2019 $7,852 $50,100 $20,160 $29,940
2018 $7,219 $35,412 $16,480 $18,932
2017 $6,810 $33,408 $14,907 $18,501
2016 $6,679 $33,408 $14,907 $18,501
2015 $3,581 $33,156 $16,209 $16,947
2014 $3,581 $31,280 $18,202 $13,078
Source: Public Records

Map

New York Queens County Jamaica 11432 Jamaica Estates

8618 Somerset St, Jamaica, NY

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