NOT LISTED FOR SALE

90-37 Desarc Rd Jamaica, NY 11417

Ozone Park Neighborhood

Estimated Value: $891,585 - $988,000

8 Beds
-- Bath
2,240 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $700,000 $312 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,465/month

28 Days on Market

About This Home

As of March 2020

Perfect for an investment or to live in while collecting rent. This lovely home is in the center of everything gives you all of the perks, quick access to Manhattan, Long island, and the other outer boroughs via transit and highway access. Further, this location is very walkable so most errands can be accomplished on foot.

Last Agent to Sell the Property

Esperanza Estrella

Locqube New York, Inc. License #10401287374 Listed on: 09/23/2019

Co-Listed By

Oscar Rigamonty

Pantiga Group Inc. License #10401233394

Last Buyer's Agent

Oscar Rigamonty

Pantiga Group Inc. License #10401233394

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,813

Year Built

  • Built in 1930

Lot Details

  • 2,300 Sq Ft Lot
  • No Common Walls

Parking

  • Private Parking

Home Design

  • 2,240 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5912

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,813

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 347-657-1114
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bedrooms: 8
  • Living Area: 2240.00
  • Square Footage: 2240.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 2300.0000
  • Lot Size Sq Ft: 2300.00
  • Lot Size Units: Acres
  • Parcel Number: 5912
  • Property Attached: No

Tax Info

  • Close Date: 2020-03-13
  • Tax Annual Amount: 5813.00
  • Tax Map Number: 5912

Multi Family

  • Units Total: 2
  • Four Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Omrani Management Llc
Bought by
Omar Mohamed
Current Estimated Value
$944,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Outstanding Balance
$82,439
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$862,457

Purchase Details

Listed on
Sep 23, 2019
Closed on
Mar 13, 2020
Sold by
Dames Scott
Bought by
Omrani Management Llc
Seller's Agent
Esperanza Estrella
Locqube New York, Inc.
Buyer's Agent
Oscar Rigamonty
Pantiga Group Inc.
List Price
$785,000
Sold Price
$700,000
Premium/Discount to List
-$85,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$560,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
The City Of New York and Department Of Housing Preservation And D
Bought by
Dames Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Omar Mohamed -- --
Omar Mohamed -- --
Omrani Management Llc $700,000 --
Omrani Management Llc $700,000 --
Dames Scott $325,000 --
Dames Scott $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omar Mohamed $93,500
Closed Omar Mohamed $93,500
Previous Owner Omrani Management Llc $560,000
Previous Owner Dames Scott $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $700,000 -2.8% $313 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $720,000 -8.3% $321 / Sq Ft
09/23/2019 09/23/19 For Sale $785,000 -- $350 / 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 $6,698 $33,782 $8,463 $25,319
2024 $6,698 $33,350 $9,291 $24,059
2023 $6,698 $33,350 $10,217 $23,133
2022 $6,314 $49,500 $14,760 $34,740
2021 $6,280 $43,080 $14,760 $28,320
2020 $5,959 $42,720 $14,760 $27,960
2019 $5,814 $45,840 $14,760 $31,080
2018 $5,665 $27,792 $10,438 $17,354
2017 $5,373 $26,359 $11,141 $15,218
2016 $4,971 $26,359 $11,141 $15,218
2015 $3,100 $23,460 $16,380 $7,080
2014 $3,100 $23,160 $16,380 $6,780
Source: Public Records

Agents Affiliated with this Home

  • Esperanza Estrella

    Seller's Agent in 2020

    Esperanza Estrella

    Locqube New York, Inc.

    (718) 772-7404

    39 Total Sales

    Esperanza Estrella
    Section Image

  • O

    Seller Co-Listing Agent in 2020

    Oscar Rigamonty

    Pantiga Group Inc.

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY5076666

OneKey® MLS

APN: 11373-0091

New York Queens County Jamaica 11417 Ozone Park

90-37 Desarc Rd, Jamaica, NY

Not Listed for Sale

MultiFamily

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