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1002 Gordon Terrace

1002 Gordon Terrace, Cape May, NJ 08204
Property in Cape May
Sold May 01, 2009
Transfer
$180,162 by Nfm Inc
Mortgage Due May 01, 2039
Sold Apr 25, 2008
$185,000
$178,350 by Select Mortgage Corp
Mortgage Due May 01, 2038
1002 Gordon Terrace has been categorized by the local assessors in Cape May, NJ as a residential type of property. The building on the property was first built in 1983 and is 41 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1002 Gordon Terrace has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 940 ft. The area measurement of the land has been determined as 9,494 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $185,000 in Apr 21, 2008. Current property owners are expected to pay $3,782 in taxes per year. The property on 1002 Gordon Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,200. To break that down further, the land itself was valued at $124,000. While improvements to the property were assessed at a total of $65,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,494
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 940
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DOYLE JOHN J
  • Current Owner 2: DOYLE ALICE
  • Previous Owner : DOYLE JOHN J
  • Owner Before Previous Owner: MILLER JOHN J
  • Owner Before Previous Owner 2: MILLER RUTH P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lower Township School District
  • Census Tract: 021806

Geography

  • Assessors Map Reference: TAX MAP 6.03
  • District: 05
  • Parcel: 05 00600-0000-00012
  • Block: 600
  • Lot: 12
  • Municipality: LOWER TWP
  • Latitude: 38.9821
  • Longitude: -74.9524

    Address

  • Full Address: 1002 Gordon Ter
  • Address - House Number: 1002
  • Address - Street Name: Gordon
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C011
  • 4-Digit Zip Code: 2808
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,782

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 469,810
  • High Value: 590,286
  • Low Value: 349,334

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,162
  • First Open Lien Mortgage Lender: NFM INC
  • First Open Lien Mortgage Recording Date: May 01, 2009
  • First Open Lien Mortgage Loan Amount: $180,162
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2039

    Market Valuation

  • Market Total Value: $290,407
  • Market Land Value: $190,330
  • Market Improvement Value: $100,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,200
  • Assessed Land Value: $124,000
  • Assessed Improvements Value: $65,200

    Sales

  • Current Sale Contract Date: Apr 04, 2009
  • Current Sale Recording Date: May 01, 2009
  • Current Sale Transaction ID: 1118240164
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 0185
  • Previous Sale Recording Date: Apr 25, 2008
  • Previous Sale Contract Date: Apr 21, 2008
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: May 01, 2009
  • First Mortgage Loan Amount: $180,162
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: SELECT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 25, 2008
  • Previous Mortgage Loan Amount: $178,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2038

About North Cape May



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Frequently Asked Questions

What neighborhood is 1002 Gordon Terrace located in?
The 1002 Gordon Terrace is a located in the neighborhood of Cape May in North Cape May, Cape May.
What is the average sales price for listings in 1002 Gordon Terrace?
The average sales price for units in 1002 Gordon Terrace is $0 currently.

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