NOT LISTED FOR SALE

1014 Simpson Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $893,158 - $1,110,000

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold October 11, 2018

Last sale price $499,900

Est. 97% increase in value since last sale

Current estimated payment $5,647/month

4 Days on Market

Highlights

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

About This Home

As of October 2018

This beautiful, NEVER RENTED, 4 bedroom 2 bathroom, centrally located, 1st floor condo unit is one of the best opportunities to own in Ocean City, NJ today! This unit features an upgraded kitchen w/ granite counter tops, stone backsplash and newer upgraded appliances. There are also additional features such as beautiful hardwood floors, huge front porch with awning, carpet bedrooms, upgraded bathrooms w/ granite & tile, plenty of closet space, large garage, bonus outside storage room, outside shower, and TONS of off street parking. Best part is the unit comes beautifully furnished, minus a few personal items! Don't stall on this one because it won't last!

Last Agent to Sell the Property

Jim Murray

Keller Williams Realty Jersey Shore-Ocean City Listed on: 07/16/2018

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Michael Fabrizio

RE/MAX ACCESS License #0784648

RE/MAX ACCESS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,737

Year Built

  • Built in 2002

Lot Details

  • 4,617

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,737

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 07/19/2018
  • Year Built: 2002
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 11, 2018
Sold by
Canazaro Michael J and Canazaro Carolr E
Bought by
Tracey Fabrizio Jospeh and Tracey Terry
Seller's Agent
Jim Murray
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Michael Fabrizio
RE/MAX ACCESS
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$986,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,890
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Sep 7, 2012
Sold by
Jeffers Linda M and Rivera Robert A
Bought by
Canazaro Michael J and Canazaro Carole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2010
Sold by
Orbann Richard
Bought by
Jeffers John F and Jeffers Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Sold by
Fezzuoglio Daniel and Fezzuoglio Rita
Bought by
Orbann Richard
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Tracey Fabrizio Jospeh $499,900 --
Canazaro Michael J $430,000 Chicago Title
Jeffers John F $420,000 Fidelity Natl Title Ins Co
Orbann Richard $350,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canazaro Michael J $344,000
Previous Owner Jeffers John F $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $499,900 0.0% --
07/20/2018 07/20/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $499,900 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $4,737 $422,200 $183,200 $239,000
2024 $4,737 $422,200 $183,200 $239,000
2023 $4,522 $422,200 $183,200 $239,000
2022 $4,344 $422,200 $183,200 $239,000
2021 $4,083 $422,200 $183,200 $239,000
2020 $4,129 $422,200 $183,200 $239,000
2019 $4,083 $422,200 $183,200 $239,000
2018 $4,045 $422,200 $183,200 $239,000
2017 $3,981 $422,200 $183,200 $239,000
2016 $3,829 $422,200 $183,200 $239,000
2015 $3,779 $422,200 $183,200 $239,000
2014 $3,724 $422,200 $183,200 $239,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 508475

South Jersey Shore Regional MLS

APN: 08-01008-0000-00018-0000-C1