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401 West Race Street

401 West Race Street, Millville, NJ 08332
Property in Cumberland
Sold Aug 29, 2017
$102,000
$81,600 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2047
Sold Jan 14, 1987
Transfer
401 West Race Street in Millville, NJ was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 401 West Race Street has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 401 West Race Street sold most recently in Aug 24, 2017 for a total of $102,000. If you work out the math, that's approximately a cost of $88.54 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,476 in taxes each year. 401 West Race Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,300. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $74,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PORTER SHAWNA
  • Previous Owner : BURCH THOMAS F
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Millville City School District
  • Census Tract: 030300

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 10
  • Parcel: 10 00115-0000-00009
  • Block: 115
  • Lot: 9
  • Municipality: MILLVILLE CITY
  • Latitude: 39.3933
  • Longitude: -75.0487

    Address

  • Full Address: 401 W Race St
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Race
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Millville
  • Carrier Code: C026
  • 4-Digit Zip Code: 6629
  • Zip Code: 08332

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,476

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 126,805
  • High Value: 182,379
  • Low Value: 71,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,600
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 29, 2017
  • First Open Lien Mortgage Loan Amount: $81,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $89,300
  • Market Land Value: $15,000
  • Market Improvement Value: $74,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,300
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $74,300

    Sales

  • Current Sale Contract Date: Aug 24, 2017
  • Current Sale Recording Date: Aug 29, 2017
  • Current Sale Transaction ID: 1735937745
  • Current Sale Price: $102,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 538088
  • Previous Sale Recording Date: Jan 14, 1987
  • Previous Sale Contract Date: Jan 14, 1987
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Aug 29, 2017
  • First Mortgage Loan Amount: $81,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Millville



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Unit for rent at 1901 N High St, MILLVILLE, NJ, 08332

$995 /mo

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1901 N High St #11, MILLVILLE, NJ, 08332 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 401 West Race Street located in?
The 401 West Race Street is a located in the neighborhood of Cumberland in Millville, Millville.
What is the average sales price for listings in 401 West Race Street?
The average sales price for units in 401 West Race Street is $0 currently.

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