NOT LISTED FOR SALE

1126 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $942,688 - $1,077,000

4 Beds
2 Baths
-- Sq Ft
3,703 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $690,000

Est. 47% increase in value since last sale

Current estimated payment $5,739/month

Highlights

  • Deck
  • Furnished
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of March 2021

****NO MORE SHOWINGS**** LOOK NO FURTHER...YOUR NEW SHORE HOUSE IS WATING!! THIS BEAUTIFUL WELL MAINTAINED FIRST FLOOR CONDOMINIUM IS LOCATED IN THE HEART OF OCEAN CITY. CERAMIC TILE IN THE LARGE GREAT ROOM LEADING INTO THE KITCHEN. FOUR SPACIOUS BEDROOMS BEAUTIFULLY FURNISHED, WITH DECK ACCESS OFF OF THE MASTER SUITE. A NEW FRONT TREX DECK. CONVENIENT ACCESS TO OUTDOOR SHOWER. PRIVATE GARAGE AND PLENTY OF STORAGE WHICH CAN FIT UP TO TWO CARS. CLOSE TO EVERYTHING. BEACHES, SHOPPING, DOWNTOWN.

Last Agent to Sell the Property

Anthony Celano

Redfin Corporation-Asbury Park Listed on: 01/31/2021

Redfin Corporation-Asbury Park

Last Buyer's Agent

CHRISTINA CORTESE

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 2005

Lot Details

  • 3,703

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Site Parking
  • Assigned Parking

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 Deck or Porch
  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,611

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 02/01/2021
  • Year Built: 2005
  • Age: 11 To 15 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Assigned, Off Site Parking

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • 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), Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2021
Closed on
Mar 4, 2021
Sold by
Passariello Marianna
Bought by
Collins Kimberly J
Seller's Agent
Anthony Celano
Redfin Corporation-Asbury Park
Buyer's Agent
CHRISTINA CORTESE
FOX REAL ESTATE-Brighton
List Price
$670,000
Sold Price
$690,000
Premium/Discount to List
$20,000
2.99%
Current Estimated Value
$1,012,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,922
Avg. Annual Appreciation
8.66%
Original Mortgage
$536,000
Outstanding Balance
$480,730
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,192

Purchase Details

Closed on
Mar 31, 2006
Sold by
Sea Breeze Development Llc
Bought by
Passariello Marianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
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
Collins Kimberly J $690,000 None Listed On Document
Passariello Marianna $545,000 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Kimberly J $536,000
Previous Owner Passariello Marianna $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $690,000 +3.0% --
02/04/2021 02/04/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $670,000 -- --
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 $4,611 $411,000 $171,000 $240,000
2024 $4,611 $411,000 $171,000 $240,000
2023 $4,402 $411,000 $171,000 $240,000
2022 $4,229 $411,000 $171,000 $240,000
2021 $4,018 $411,000 $171,000 $240,000
2020 $4,020 $411,000 $171,000 $240,000
2019 $3,974 $411,000 $171,000 $240,000
2018 $3,937 $411,000 $171,000 $240,000
2017 $3,876 $411,000 $171,000 $240,000
2016 $3,728 $411,000 $171,000 $240,000
2015 $3,678 $411,000 $171,000 $240,000
2014 $3,625 $411,000 $171,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546766

South Jersey Shore Regional MLS

APN: 08-01108-0000-00026-0000-C1