NOT LISTED FOR SALE

1032 Simpson Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $620,000 - $770,000

4 Beds
2 Baths
-- Sq Ft
3,572 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $700,000

Est. 3% decrease in value since last sale

Current estimated payment $3,908/month

1 Day on Market

Highlights

  • Deck
  • Ground Level Unit
  • Laundry Room
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • Kitchen Island

About This Home

As of October 2023

Updated 1srt Floor centrally located condo… Unit features: 4 Bedrooms 2 Full baths, Gas heat, Central air, Ceramic tile throughout the living space, Bright new kitchen with wood cabinets, granite countertops, stainless appliances and center island breakfast bar. The open floor plan has a spacious living room and dining area then as you walk down the hall you will find the large updated hall bath, linen closet, utility closet, washer & dryer, 3 bedrooms plus master bedroom with bathroom. Outside features off street parking, storage, lovely front porch and low maintenance with vinyl siding and rails.

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 09/10/2023

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 09/10/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 1978

Lot Details

  • 3,572

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Dining Area
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 09/11/2023
  • Year Built: 1978
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 30, 2023
Sold by
Senico Margaret
Bought by
Delviscio John T and Delviscio Del Viscio
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
3
Current Estimated Value
$682,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,542
Avg. Annual Appreciation
-1.31%
Original Mortgage
$350,000
Outstanding Balance
$334,610
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$347,848

Purchase Details

Closed on
Jul 16, 2007
Sold by
Stojanov Michelle
Bought by
Senico Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Turner Phyllis
Bought by
Stojanov Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Delviscio John T $700,000 Freedom Title
Delviscio John T $700,000 Freedom Title
Senico Margaret L $360,000 Freedom Title & Abstract Com
Stojanov Michelle $295,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delviscio John T $350,000
Closed Delviscio John T $350,000
Previous Owner Senico Margaret L $288,000
Previous Owner Stojanov Michelle $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $700,000 0.0% --
09/11/2023 09/11/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $699,900 -- --
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 $3,485 $310,600 $142,500 $168,100
2024 $3,485 $310,600 $142,500 $168,100
2023 $3,327 $310,600 $142,500 $168,100
2022 $3,196 $310,600 $142,500 $168,100
2021 $2,317 $310,600 $142,500 $168,100
2020 $3,038 $310,600 $142,500 $168,100
2019 $3,004 $310,600 $142,500 $168,100
2018 $2,976 $310,600 $142,500 $168,100
2017 $2,929 $310,600 $142,500 $168,100
2016 $2,817 $310,600 $142,500 $168,100
2015 $2,780 $310,600 $142,500 $168,100
2014 $2,739 $310,600 $142,500 $168,100
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2023

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    105 in this area

    117 Total Sales

    RONALD C GIFFORD JR.
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577661

South Jersey Shore Regional MLS

APN: 08-01008-0000-00022-0000-C1

New Jersey Cape May County Ocean City 08226

1032 Simpson Ave Unit 1st Floor, Ocean City, NJ

This home is located at 1032 Simpson Ave Unit 1st Floor, Ocean City, NJ 08226 since 10 September 2023 and is currently estimated at $682,458. This property was built in 1978. 1032 Simpson Ave Unit 1st 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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