5 Gristmill Court

5 Gristmill Court in Medford, NJ was first built in 1978 and is 46 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 colonial style. There are a total of 2 floors. 5 Gristmill Court has 2,927 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. In total, the area measurement of the land is 25,199 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. 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, 5 Gristmill Court sold most recently in Jun 28, 2021 for a total of $365,000. If you work out the math, that's approximately a cost of $124.70 per sqft. Before that, the property was also sold for $365,000 in Jun 28, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $12,695 in taxes each year. 5 Gristmill Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $390,600. If we break it down further, the land itself was valued at $62,600. Improvements to the property, however, were assessed at a total of $328,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.