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410 Mystic Terrace

410 Mystic Terrace, Cape May, NJ 08204
Property in Cape May
Sold Sep 15, 2021
$450,000
$315,000 by Rocket Mortgage
Mortgage
Sold Feb 13, 1990
$160,000
410 Mystic 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 1989 and is 35 years old. The building has a total of 2 stories. In addition, 410 Mystic Terrace has 1,972 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 650 ft. The area measurement of the land has been determined as 6,499 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 attached garage for those who require parking. According to our sources, there is one available parking space. 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. Based on our sources, 410 Mystic Terrace was last sold in Sep 10, 2021 for $450,000. According to our calculations, that's $228.19 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Feb 9, 1990. Current property owners are expected to pay $6,083 in taxes per year. The property on 410 Mystic Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $304,300. To break that down further, the land itself was valued at $127,000. While improvements to the property were assessed at a total of $177,300. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,499
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRACE NICHOLAS F
  • Current Owner 2: GREENQUIST IRIS B
  • Previous Owner : CLINTON ANNA T
  • Owner Before Previous Owner: MITHCO COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lower Township School District
  • Census Tract: 021702

Geography

  • Assessors Map Reference: TAX MAP 1109
  • District: 05
  • Parcel: 05 00753- 17-00006
  • Block: 753.17
  • Lot: 6
  • Municipality: LOWER TWP
  • Latitude: 38.9611
  • Longitude: -74.9156

    Address

  • Full Address: 410 Mystic Ter
  • Address - House Number: 410
  • Address - Street Name: Mystic
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C010
  • 4-Digit Zip Code: 4254
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,083

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 582,352
  • High Value: 718,235
  • Low Value: 446,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $467,076
  • Market Land Value: $194,935
  • Market Improvement Value: $272,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,300
  • Assessed Land Value: $127,000
  • Assessed Improvements Value: $177,300

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11858623590
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021041673
  • Previous Sale Recording Date: Feb 13, 1990
  • Previous Sale Contract Date: Feb 09, 1990
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE
  • First Mortgage Transaction Date: Sep 15, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Cape May



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Frequently Asked Questions

What neighborhood is 410 Mystic Terrace located in?
The 410 Mystic Terrace is a located in the neighborhood of Cape May in Cape May, Cape May.
What is the average sales price for listings in 410 Mystic Terrace?
The average sales price for units in 410 Mystic Terrace is $0 currently.

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