NOT LISTED FOR SALE

1138 Simpson Ave Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $1,268,000 - $1,442,000

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

Last Sold May 19, 2020

Last sale price $730,000

Est. 87% increase in value since last sale

Current estimated payment $7,708/month

4 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of May 2020

Georgetti Builders custom built 2nd & 3rd floor upper cottage with over 1,900 square feet. Built in 2014 you wont believe the upgrades! Unit Features: 4 Bedrooms, 3 full baths, 3 zone High efficiency gas forced air heat & central air, Navian tankless gas hot water heater, Beautiful kitchen w/granite countertops, upgraded cabinetry & stainless appliance. Beautiful birch engineered hard wood floor throughout the living room, dining area and kitchen, Custom gas linear fireplace w/tile & handcrafted mantel, custom solid wood interior doors, exterior camera system, alarm system, whole house intercom & stereo system, full size laundry room, generator hook up and transfer switch, and built in safe. Beautiful crown molding, 9 & 10 foot ceilings, 2x6 exterior walls, and radiant heat in master bath. Oversized exterior decks, rooftop deck with fire pit and amazing bay views, hurricane resistant windows and doors, upgraded 3 person elevator, and separate heated entrance. All of this and sold mostly furnished!

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 01/31/2020

Last Buyer's Agent

Gary Jessel

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,887

Year Built

  • Built in 2014

Lot Details

  • 3,703

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Storage In Attic
  • Burglar Security System

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Utilities

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

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,887

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 01/31/2020
  • Year Built: 2014
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic
  • Common Area Features: Deck/Porch, Outside Shower, Security, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

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: Elevator, Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Campbell Michael A
Bought by
Campbell Michael A
Current Estimated Value
$1,365,318

Purchase Details

Listed on
Jan 31, 2020
Closed on
May 15, 2020
Sold by
Helleyer Robert J and Hellyer Elizabeth M
Bought by
Campbell Michael A and Campbell Deborah L
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$330,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2017
Sold by
Gibson Harry W and Gibson Jeanette
Bought by
Hellyer Robert J and Hellyer Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Campbell Michael A -- None Listed On Document
Campbell Michael A -- None Listed On Document
Campbell Michael A $730,000 Misc Company
Hellyer Robert J $555,000 Freedom Title And Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Michael A $330,000
Previous Owner Hellyer Robert J $416,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $730,000 -2.7% --
02/04/2020 02/04/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $749,900 -- --
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 $5,887 $524,700 $193,300 $331,400
2024 $5,887 $524,700 $193,300 $331,400
2023 $5,620 $524,700 $193,300 $331,400
2022 $5,399 $524,700 $193,300 $331,400
2021 $3,914 $524,700 $193,300 $331,400
2020 $5,132 $524,700 $193,300 $331,400
2019 $5,074 $524,700 $193,300 $331,400
2018 $5,027 $524,700 $193,300 $331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 533215

South Jersey Shore Regional MLS

APN: 08-01108-0000-00029-0000-C2