NOT LISTED FOR SALE

1044 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,094,218 - $1,288,000

4 Beds
2 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $775,000

Est. 50% increase in value since last sale

Current estimated payment $6,658/month

Highlights

  • Corner Lot
  • Ocean City Primary School Rated A
  • Central Air

About This Home

As of May 2021

Must see! Gorgeous 4 bed 2 bath condo located on a large corner lot. This home offers many unique features including a detached 2 car garage, grassed backyard, upgraded decking, recently upgraded heating & air. Master bedroom offers a large walk in closet. Wall to wall carpet throughout the bedrooms, hardwood floors featured through the rest of the home. Never rented!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 03/26/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Joseph Jauss, Iii

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,522

Year Built

  • Built in 2004

Lot Details

  • 5,358

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,522

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 03/26/2021
  • Year Built: 2004
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2007
Sold by
Schuck Richard W and Schuck Brenda R
Bought by
Leone Gaetano and Leone Gilda M
Current Estimated Value
$1,164,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,750
Outstanding Balance
$308,857
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$855,448

Purchase Details

Closed on
Dec 2, 2006
Sold by
Pietras Joseph S and Pietras Nancy Ciarmello
Bought by
Schuck Richard W and Schuck Brenda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Miller Michael D
Bought by
Pietras Joseph S and Pietras Nancy Ciarmello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Oldenberger Llc
Bought by
Miller Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.33%
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
Leone Gaetano $517,500 Group 21 Title Agency
Schuck Richard W $585,000 None Available
Pietras Joseph S $580,000 The Title Company Of Jersey
Miller Michael D $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leone Gaetano $465,750
Previous Owner Schuck Richard W $300,000
Previous Owner Pietras Joseph S $180,000
Previous Owner Miller Michael D $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $775,000 0.0% --
04/07/2021 04/07/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $774,999 -- --
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 $5,522 $492,200 $216,600 $275,600
2024 $5,522 $492,200 $216,600 $275,600
2023 $5,271 $492,200 $216,600 $275,600
2022 $5,065 $492,200 $216,600 $275,600
2021 $3,672 $492,200 $216,600 $275,600
2020 $4,814 $492,200 $216,600 $275,600
2019 $4,760 $492,200 $216,600 $275,600
2018 $4,715 $492,200 $216,600 $275,600
2017 $4,641 $492,200 $216,600 $275,600
2016 $4,464 $492,200 $216,600 $275,600
2015 $4,405 $492,200 $216,600 $275,600
2014 $4,341 $492,200 $216,600 $275,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 548740

South Jersey Shore Regional MLS

APN: 08-01008-0000-00023-03-C1