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1 Cypress Drive

1 Cypress Drive, Rio Grande, NJ 08242
Property in Cape May
Sold Nov 22, 1999
$133,000
$201,274 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2038
1 Cypress Drive has been categorized by the local assessors in Rio Grande, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The building has a total of 2 stories. In addition, 1 Cypress Drive has 1,760 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 1,130 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 10,171 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 attached 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. 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, 1 Cypress Drive was last sold in Nov 15, 1999 for $133,000. According to our calculations, that's $75.57 per sqft. Current property owners are expected to pay $5,063 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 1 Cypress Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $241,800. To break that down further, the land itself was valued at $121,300. While improvements to the property were assessed at a total of $120,500. 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. 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.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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,171
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALBERTSON KIMBERLY
  • Previous Owner : CARLSON KATH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 302
  • Account Number: 00014207
  • District: 06
  • Parcel: 06 01431- 03-00014
  • Block: 1431.03
  • Lot: 14
  • Municipality: MIDDLE TWP
  • Latitude: 39.0173
  • Longitude: -74.8893

    Address

  • Full Address: 1 Cypress Dr
  • Address - House Number: 1
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Rio Grande
  • Carrier Code: C001
  • 4-Digit Zip Code: 1703
  • Zip Code: 08242

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,063
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 421,468
  • High Value: 529,547
  • Low Value: 313,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,274
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2008
  • First Open Lien Mortgage Loan Amount: $201,274
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Market Valuation

  • Market Total Value: $294,663
  • Market Land Value: $147,819
  • Market Improvement Value: $146,844

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,800
  • Assessed Land Value: $121,300
  • Assessed Improvements Value: $120,500

    Sales

  • Current Sale Contract Date: Nov 15, 1999
  • Current Sale Recording Date: Nov 22, 1999
  • Current Sale Transaction ID: 1107708527
  • Current Sale Price: $133,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG INC
  • First Mortgage Transaction Date: Nov 22, 1999
  • First Mortgage Loan Amount: $104,000
  • First Mortgage Terms: 360

About Rio Grande



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Frequently Asked Questions

What neighborhood is 1 Cypress Drive located in?
The 1 Cypress Drive is a located in the neighborhood of Cape May in Rio Grande, Rio Grande.
What is the average sales price for listings in 1 Cypress Drive?
The average sales price for units in 1 Cypress Drive is $0 currently.

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