NOT LISTED FOR SALE
4 Beds
2 Baths
1,920 Sq Ft
2,047 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $870,000 $453 Per Sq Ft

56 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to 85 Street-Forest Parkway
  • 2-minute walk to Forest Park

About This Home

As of July 2023

This home is located at 88-07 Jamaica Ave, Jamaica, NY 11421 since 17 January 2023. This property was built in 1931. 88-07 Jamaica Ave is a home located in Queens County with nearby schools including P.S. 254 - The Rosa Parks School, Jhs 210 Elizabeth Blackwell, and St. Thomas the Apostle Catholic Academy.

Last Agent to Sell the Property

Nicholas Ho

Liberty Chateau Realty Inc License #10401241281 Listed on: 01/17/2023

Last Buyer's Agent

Pedro Cruz

Sell Right Group LLC License #10491210334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1931

Lot Details

  • 2,047 Sq Ft Lot
  • Lot Dimensions are 20.83x98
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 1,920 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Middle School 137 America's School-Heroes
  • Richmond Hill High School

Utilities

  • No Cooling

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 97 / 8863
  • Assessor Parcel Number 08863-0097

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,519

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1931
  • New Construction: No
  • BuildingSize: 20x48
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 1920
  • SquareFootage: 1920.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20.83x98
  • Lot Size Sq Ft: 2047
  • Lot Size Units: Acres
  • Parcel Number: 08863-0097
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5519
  • Tax Block: 8863
  • Tax Lot: 97
  • Tax Map Number: 08863-0097

MLS Schools

  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jul 18, 2023
Sold by
New Residential Mortgage Llc
Bought by
88-07 Jamaica Ave Llc
Seller's Agent
Nicholas Ho
Liberty Chateau Realty Inc
Buyer's Agent
Pedro Cruz
Sell Right Group LLC
List Price
$899,900
Sold Price
$870,000
Premium/Discount to List
-$29,900
-3.32%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$635,502
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2021
Sold by
Fannie Mae
Bought by
New Residential Mortgage Llc

Purchase Details

Closed on
Feb 7, 2020
Sold by
As Referee David Cohen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2006
Sold by
Medina Ruberki
Bought by
Avinter Consulting Ltd

Purchase Details

Closed on
Aug 19, 2004
Sold by
Polanco Cesar
Bought by
Medina Ruberki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,150
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2004
Sold by
Inter Country Investing Corp and Ohlert-Ruggiere Inc
Bought by
Polanco Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,150
Interest Rate
6.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
88-07 Jamaica Ave Llc $896,317 --
88-07 Jamaica Ave Llc $896,317 --
New Residential Mortgage Llc -- --
New Residential Mortgage Llc -- --
Federal National Mortgage Association $813,655 --
Federal National Mortgage Association $813,655 --
Avinter Consulting Ltd -- --
Avinter Consulting Ltd -- --
Medina Ruberki $475,000 --
Medina Ruberki $475,000 --
Polanco Cesar $445,000 --
Polanco Cesar $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 88-07 Jamaica Ave Llc $64,000
Open 88-07 Jamaica Ave Llc $650,000
Closed 88-07 Jamaica Ave Llc $650,000
Previous Owner Polanco Cesar $89,050
Previous Owner Medina Ruberki $427,150
Previous Owner Polanco Cesar $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $870,000 0.0% $453 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/13/2023 03/13/23 Off Market $870,000 -- --
02/09/2023 02/09/23 Price Changed $869,900 -1.1% $453 / Sq Ft
01/19/2023 01/19/23 Price Changed $879,900 -2.2% $458 / Sq Ft
01/17/2023 01/17/23 For Sale $899,900 -- $469 / Sq Ft
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 $5,923 $31,258 $7,542 $23,716
2024 $5,923 $29,489 $8,124 $21,365
2023 $5,588 $27,821 $6,469 $21,352
2022 $5,519 $38,280 $10,380 $27,900
2021 $5,728 $34,380 $10,380 $24,000
2020 $5,314 $41,340 $10,380 $30,960
2019 $4,941 $43,500 $10,380 $33,120
2018 $5,354 $23,184 $5,641 $17,543
2017 $4,697 $23,040 $5,976 $17,064
2016 $4,534 $23,040 $5,976 $17,064
2015 $2,135 $21,707 $8,111 $13,596
2014 $2,135 $20,479 $9,178 $11,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3453030

OneKey® MLS

APN: 08863-0097