NOT LISTED FOR SALE

948-950 Jamaica Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $2,884,960

-- Bed
-- Bath
8,850 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 948-950 Jamaica Ave, Brooklyn, NY 11208 and is currently estimated at $2,884,960, approximately $325 per square foot. 948-950 Jamaica Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Westridge Elementary School, and Is 171 Abraham Lincoln.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2005
Sold by
Narain Chandrawattie and Narain Khemraj
Bought by
Luther Quintana Realty Llc
Current Estimated Value
$2,884,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,000
Outstanding Balance
$260,554
Interest Rate
5.67%
Mortgage Type
Commercial
Estimated Equity
$2,624,406

Purchase Details

Closed on
Sep 30, 1994
Sold by
Algeri Joseph
Bought by
Narain Khemraj and Narain Chandrawattic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Luther Quintana Realty Llc $1,300,000 --
Luther Quintana Realty Llc $1,300,000 --
Narain Khemraj -- Commonwealth Land Title Ins
Narain Khemraj -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luther Quintana Realty Llc $502,000
Closed Luther Quintana Realty Llc $502,000
Closed Luther Quintana Realty Llc $607,500
Previous Owner Narain Khemraj $137,000
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 $42,478 $504,450 $86,400 $418,050
2024 $42,478 $472,500 $86,400 $386,100
2023 $40,692 $445,950 $86,400 $359,550
2022 $38,950 $407,250 $86,400 $320,850
2021 $33,975 $317,700 $86,400 $231,300
2020 $18,892 $361,800 $86,400 $275,400
2019 $35,144 $378,450 $86,400 $292,050
2018 $32,693 $345,600 $86,400 $259,200
2017 $31,293 $345,600 $86,400 $259,200
2016 $28,635 $309,600 $86,400 $223,200
2015 $16,104 $292,050 $86,400 $205,650
2014 $16,104 $261,900 $86,400 $175,500
Source: Public Records

Map

New York Kings County Brooklyn 11208 Cypress Hills

948-950 Jamaica Ave, Brooklyn, NY

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes