NOT LISTED FOR SALE

1012 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,129,185 - $1,372,000

5 Beds
3 Baths
3,200 Sq Ft
4,617 Sq Ft Lot Lot

Sale Details

Date Sold: August 19, 2016

Last sale price $575,000 $180 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,465 / mo

182 Days on Market

Highlights

  • New Construction
  • Deck
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Outdoor Community Showers

About This Home

As of August 2016

Beautiful, brand new construction,1st floor lowest-priced 5-bedroom, 3 bath units on the island. Separate, side private enclosed entrances, gas heat, central air, vinyl siding and railings, hardwood floors, granite counter tops, tiled bathrooms, Stainless steel appliances, large front deck , private garages enclosed outside showers. Plenty of time to pick colors, selections etc. First floor entryway from the front with private stairwell and storage in garage. See associated docs for plans and specs.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 01/20/2016

Last Buyer's Agent

Ken Sedberry

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Lot Details

  • 4,617

Parking

  • 1 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

4,617 Sq Ft Lot

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Aug 30, 2016
Sold by
North Peak Holdings Llc
Bought by
Lange Brian H and Lange Lynn Ann
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Ken Sedberry
BERGER REALTY-Main
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$1,283,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,664
Avg. Annual Appreciation
8.42%

Purchase Details

Listed on
Jan 1, 2015
Closed on
Dec 15, 2015
Sold by
Brown Kathryn
Bought by
North Peak Holdings Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.24%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Eisenberg Lawrence
Bought by
Brown Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Moffa Christopher
Bought by
Eisenberg Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lange Brian H $540,000 Freedom Title
North Peak Holdings Llc $35,500,000 None Available
Brown Kathryn $500,000 --
Brown Kathryn $500,000 --
Eisenberg Lawrence $170,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Brown Kathryn $500,000
Previous Owner Brown Kathryn $50,000
Previous Owner Eisenberg Lawrence $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2016 08/19/16 Sold $575,000 0.0% $180 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $575,000 +62.0% $180 / Sq Ft
12/15/2015 12/15/15 Sold $355,000 0.0% $111 / Sq Ft View Prior Sale
09/22/2015 09/22/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $355,000 -- $111 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,057 $539,800 $183,200 $356,600
2024 $6,057 $539,800 $183,200 $356,600
2023 $5,781 $539,800 $183,200 $356,600
2022 $5,555 $539,800 $183,200 $356,600
2021 $5,425 $539,800 $183,200 $356,600
2020 $5,279 $539,800 $183,200 $356,600
2019 $5,220 $539,800 $183,200 $356,600
2018 $5,171 $539,800 $183,200 $356,600
2017 $5,090 $539,800 $183,200 $356,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2016

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    124 in this area

    423 Total Sales

    Jeff Quintin
    Section Image
  • Ken Sedberry

    Buyer's Agent in 2016

    Ken Sedberry

    BERGER REALTY-Main

    (609) 442-3850

    32 in this area

    36 Total Sales

    Ken Sedberry
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 461396

South Jersey Shore Regional MLS

APN: 08 01008-0000-00017-0000-C1

New Jersey Cape May County Ocean City 08226

1012 Simpson Ave, Ocean City, NJ

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