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16 North 12th Street

16 North 12th Street, Villas, NJ 08251
Property in Cape May
Sold Sep 28, 2012
$165,000
$168,547 by Quicken Loans Inc
Mortgage Due Sep 01, 2042
Sold Apr 19, 2006
$173,000
$173,000 by American Home Bank Na
Mortgage Due Apr 01, 2036
16 North 12th Street has been categorized by the local assessors in Villas, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16 North 12th Street has 1,324 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 1,000 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 8,999 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. 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. The property was last sold in Aug 9, 2012 for $165,000. That's $124.62 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2006 for $173,000. 16 North 12th Street was last assessed in 2023. The total value of the property was assessed at $192,300. Specifically, the land the property is located on was valued at $104,000. While improvements on the property were assessed at a total of $88,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,911. The initial tax year of delinquency was in 2017. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NANOS JAMES
  • Previous Owner : GANNON JASON W
  • Owner Before Previous Owner: GAIN MARGARET T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Middle Township School District
  • Census Tract: 022102

Zoning

  • Zoning: VR

Geography

  • Assessors Map Reference: TAX MAP 104
  • Account Number: 00006300
  • District: 06
  • Parcel: 06 00399-0000-00008
  • Block: 399
  • Lot: 8
  • Municipality: MIDDLE TWP
  • Latitude: 39.0473
  • Longitude: -74.918

    Address

  • Full Address: 16 N 12th St
  • Address - House Number: 16
  • Street Direction: N
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Villas
  • Carrier Code: C001
  • 4-Digit Zip Code: 3703
  • Zip Code: 08251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,911
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 379,722
  • High Value: 484,194
  • Low Value: 275,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,547
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2012
  • First Open Lien Mortgage Loan Amount: $168,547
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Market Valuation

  • Market Total Value: $234,341
  • Market Land Value: $126,737
  • Market Improvement Value: $107,604

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,300
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $88,300

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2012
  • Current Sale Recording Date: Sep 28, 2012
  • Current Sale Transaction ID: 1191769752
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0510
  • Previous Sale Recording Date: Apr 19, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 28, 2012
  • First Mortgage Loan Amount: $168,547
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME BANK NA
  • Previous Mortgage Transaction Date: Apr 19, 2006
  • Previous Mortgage Loan Amount: $173,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Cape May



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Unit for rent at 20 E Miami Ave, VILLAS, NJ, 08251

$2,700 /mo

  • 4 Beds
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20 E Miami Ave, VILLAS, NJ, 08251 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 16 North 12th Street located in?
The 16 North 12th Street is a located in the neighborhood of Cape May in Cape May, Villas.
What is the average sales price for listings in 16 North 12th Street?
The average sales price for units in 16 North 12th Street is $0 currently.

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