NOT LISTED FOR SALE

1126 Simpson Ave Unit 2ND Ocean City, NJ 08226

Estimated Value: $889,074 - $1,110,000

-- Bed
-- Bath
1,467 Sq Ft
$684/Sq Ft Est. Value

About This Home

This home is located at 1126 Simpson Ave Unit 2ND, Ocean City, NJ 08226 and is currently estimated at $1,003,519, approximately $684 per square foot. 1126 Simpson Ave Unit 2ND 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Passariello Marianna
Bought by
Collins Kimberly J
Current Estimated Value
$1,003,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$480,730
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$522,789

Purchase Details

Closed on
May 26, 2006
Sold by
Sea Breeze Development Llc
Bought by
Morad Harry W and Morad Mary Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 8, 2005
Sold by
Taylor Edward and Mcgrody Eileen
Bought by
Sea Breeze Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,132
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1995
Sold by
Taylor Randy
Bought by
Taylor Edward and Mcgrady Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Collins Kimberly J $690,000 Misc Company
Morad Harry W $535,000 Mutual Title Agency
Sea Breeze Development Llc $595,000 Mutual Title Agency
Taylor Edward $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Kimberly J $536,000
Previous Owner Morad Harry W $40,500
Previous Owner Sea Breeze Development Llc $768,132
Previous Owner Taylor Edward $53,000
Source: Public Records

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 $4,820 $429,600 $171,000 $258,600
2024 $4,820 $429,600 $171,000 $258,600
2023 $4,601 $429,600 $171,000 $258,600
2022 $4,421 $429,600 $171,000 $258,600
2021 $4,317 $429,600 $171,000 $258,600
2020 $4,201 $429,600 $171,000 $258,600
2019 $4,154 $429,600 $171,000 $258,600
2018 $4,116 $429,600 $171,000 $258,600
2017 $4,051 $429,600 $171,000 $258,600
2016 $3,896 $429,600 $171,000 $258,600
2015 $3,845 $429,600 $171,000 $258,600
2014 $3,789 $429,600 $171,000 $258,600
Source: Public Records

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