NOT LISTED FOR SALE

1014 Simpson Ave Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $853,727 - $1,361,000

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

Last Sold August 05, 2016

Last sale price $575,000

Est. 86% increase in value since last sale

Current estimated payment $6,185/month

152 Days on Market

Highlights

  • New Construction
  • Deck
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Central Air

About This Home

As of August 2016

Beautiful, brand new construction, 2nd floor. Lowest-priced 5 bedroom, 3 Bath brand-new 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 garage, window side private entrance, rooftop deck with amazing bay views, and enclosed outside shower. Plenty of time to pick colors, selections etc. See associated docs for plans and specs. Roof top deck. *Currently updating plans to reflect new enhanced features.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 01/21/2016

Last Buyer's Agent

Ken Sedberry

BERGER REALTY-Main License #SB-8035118

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,403

Lot Details

  • 4,617

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,403

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 01/21/2016
  • New Construction: Yes
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2002
Sold by
Cave Holdings 49Th Street
Bought by
Seeley John E and Seeley Nancie C
Current Estimated Value
$1,067,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$75,118
Interest Rate
7%
Estimated Equity
$1,003,899
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Seeley John E $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeley John E $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $575,000 0.0% --
06/21/2016 06/21/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $575,000 -- --
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 $4,403 $392,400 $137,400 $255,000
2024 $4,403 $392,400 $137,400 $255,000
2023 $4,203 $392,400 $137,400 $255,000
2022 $4,038 $392,400 $137,400 $255,000
2021 $2,927 $392,400 $137,400 $255,000
2020 $3,838 $392,400 $137,400 $255,000
2019 $3,795 $392,400 $137,400 $255,000
2018 $3,759 $392,400 $137,400 $255,000
2017 $3,700 $392,400 $137,400 $255,000
2016 $3,559 $392,400 $137,400 $255,000
2015 $3,512 $392,400 $137,400 $255,000
2014 $3,461 $392,400 $137,400 $255,000
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

    165 in this area

    525 Total Sales

    Section Image
  • Ken Sedberry

    Buyer's Agent in 2016

    Ken Sedberry

    BERGER REALTY-Main

    (609) 442-3850

    37 in this area

    45 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 461397

South Jersey Shore Regional MLS

APN: 08-01008-0000-00018-0000-C2

New Jersey Cape May County Ocean City 08226

1014 Simpson Ave Unit 2nd Floor, Ocean City, NJ

This home is located at 1014 Simpson Ave Unit 2nd Floor, Ocean City, NJ 08226 since 21 January 2016 and is currently estimated at $1,067,682. 1014 Simpson Ave Unit 2nd Floor is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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