NOT LISTED FOR SALE

97-18 87th St Jamaica, NY 11416

Ozone Park Neighborhood

Estimated Value: $968,890 - $1,046,000

4 Beds
3 Baths
2,500 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $910,000 $364 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,893/month

278 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • New Windows
  • Wood Flooring
  • Skylights
  • Porch

About This Home

As of November 2022

Legal 2 Family House for sale with full finished basement. Everything is new down to studs. Granite Countertops, Stainless Steel Appliances; hardwood floors; hardwood doors; Vaulted ceilings; walk in closet; built in entertainment unit; crystal chandeliers; custom lighting; custom designed marble bathrooms. Fenced private yard.

Last Agent to Sell the Property

Barbara Ner

Real Estate Plan LLC License #10401222432 Listed on: 09/02/2021

Co-Listed By

Alexander Rubinstein

Real Estate Plan LLC License #10491213115

Last Buyer's Agent

Gazi Islam

Exit Realty Prime License #10401232197

Exit Realty Prime

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall
  • East Facing Home
  • Back Yard Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Skylights
  • New Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • New York City Academy For Discovery Elementary School
  • JHS 210 Elizabeth Blackwell Middle School
  • High School For Con

Utilities

  • No Cooling
  • 1 Heating Zone
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 13 / 9058
  • Assessor Parcel Number 09058-0013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,881

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 20 x 45
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 631-465-0440
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Interior Amenities: Granite Counters, Living Room / Dining Room, Marble Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Bilco Door(s), Finished, Full, Walk-Out Access
  • Inclusions: Ceiling Fan, Chandelier(s), Convection Oven, Dishwasher, Door Hardware, Dryer, Energy Star Appliance(s), Flat Screen TV Bracket, Mailbox, Microwave, Refrigerator, Screens, Second Dishwasher, Second Stove
  • Total Bedrooms: 4
  • Kitchens: 2
  • Window Features: New Windows, Skylight(s)

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • Flood Zone Report: No
  • Fencing: Back Yard
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: New York City Academy For Discovery, Ps 51
  • Middle School: Jhs 210 Elizabeth Blackwell
  • Middle School: Jhs 210 Elizabeth Blackwell

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 09058-0013
  • Zoning Description: R4-1
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-11-28
  • Tax Annual Amount: 5881.24
  • Tax Block: 9058
  • Tax Lot: 13
  • Tax Map Number: 09058-0013

Multi Family

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

MLS Schools

  • Elementary School: New York City Academy For Discovery, Ps 51
  • High School: Hs For Con,Trades,Engineer And Arc
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 28, 2022
Sold by
Rubygold Marketing Llc
Bought by
Rahman Md S
Seller's Agent
Barbara Ner
Real Estate Plan LLC
Buyer's Agent
Gazi Islam
Exit Realty Prime
List Price
$910,000
Sold Price
$910,000
Current Estimated Value
$986,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,619
Avg. Annual Appreciation
2.41%
Original Mortgage
$691,600
Outstanding Balance
$672,680
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,253

Purchase Details

Closed on
Sep 16, 2017
Sold by
9718 87Th Street Llc
Bought by
Rubygold Marketing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2017
Sold by
Ferraro Michael
Bought by
9718 87Th Street Llc

Purchase Details

Closed on
Apr 29, 2014
Sold by
Ferraro Caroline
Bought by
Ferraro Michael

Purchase Details

Closed on
Jan 10, 2011
Sold by
Ferraro Caroline and Ferraro Emil
Bought by
Ferraro Family Revocable Living Trust and Michael Ferraro, Trustee
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
Rahman Md S $910,000 --
Rubygold Marketing Llc -- --
9718 87Th Street Llc -- --
Ferraro Michael -- --
Ferraro Family Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Md S $691,600
Previous Owner Rubygold Marketing Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $910,000 0.0% $364 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $910,000 0.0% $364 / Sq Ft
03/01/2022 03/01/22 Off Market $910,000 -- --
09/02/2021 09/02/21 For Sale $910,000 -- $364 / 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 $6,217 $32,784 $7,040 $25,744
2024 $6,217 $30,954 $7,023 $23,931
2023 $5,872 $29,237 $7,186 $22,051
2022 $5,579 $53,760 $13,980 $39,780
2021 $5,881 $49,740 $13,980 $35,760
2020 $5,783 $52,140 $13,980 $38,160
2019 $5,396 $44,640 $13,980 $30,660
2018 $4,967 $24,364 $10,834 $13,530
2017 $4,747 $23,288 $11,074 $12,214
2016 $4,655 $23,288 $11,074 $12,214
2015 $2,286 $22,767 $12,627 $10,140
2014 $2,286 $21,496 $14,312 $7,184
Source: Public Records

Agents Affiliated with this Home

  • Barbara Ner

    Seller's Agent in 2022

    Barbara Ner

    Real Estate Plan LLC

    (516) 359-7848

    2 in this area

    11 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alexander Rubinstein

    Real Estate Plan LLC

    1 in this area

    5 Total Sales

    Section Image
  • Gazi Islam

    Buyer's Agent in 2022

    Gazi Islam

    Exit Realty Prime

    (917) 535-1332

    3 in this area

    32 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3342937

OneKey® MLS

APN: 09058-0013

New York Queens County Jamaica 11416 Ozone Park

97-18 87th St, Jamaica, NY

This home is located at 97-18 87th St, Jamaica, NY 11416 since 02 September 2021 and is currently estimated at $1,000,973, approximately $400 per square foot. This property was built in 1925. 97-18 87th St is a home located in Queens County with nearby schools including New York City Academy For Discovery, Jhs 210 Elizabeth Blackwell, and Divine Mercy Catholic Academy.

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