L
Seller's Agent in 2021
Laura Wheeler
GRACE REALTY
1228 Simpson Ave Ocean City, NJ 08226
Estimated Value: $986,862 - $1,184,000
3
Beds
2
Baths
1,176
Sq Ft
$903/Sq Ft
Est. Value
About This Home
As of September 2021Square footage abounds in this charming single family home located in the Heart of Ocean City, within walking distance to all of your favorite eateries and shops. Step up onto the beautiful composite decking porch and sip your morning coffee. Or sit out back in the beautifully landscaped back yard in the quiet paver patio and garden. The backyard is fully fenced in with a vinyl privacy fence, with entry from the front and alley. Sprinkler system included to care for lovely maintained grass and gardens. Also outside is a 2 car detached garage with plenty of space for a workshop/surfboards/bikes. After a long day at the beach step into the huge outdoor shower and then walk inside to a large utility/laundry room. First floor has tile wood plank flooring, with large dining room enough to accommodate the whole family and guests! Spacious living area with additional den for added living space. 2 large bedrooms and full bath also on the first floor. The second floor is an entire en suite, with enormous walk in closet and full bathroom!! Also plenty of storage.
Last Agent to Sell the Property
Laura Wheeler
GRACE REALTY License #1970563 Listed on: 06/03/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,435
Lot Details
- 3,703
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- 2-Story Property
- Lot Dimensions are 32 x 115
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Sep 24, 2021
Sold by
Schaffer Kevin and Schaffer Erica
Bought by
Nussey Richard
Seller's Agent
Laura Wheeler
GRACE REALTY
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$840,000
Sold Price
$795,000
Premium/Discount to List
-$45,000
-5.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,716
Avg. Annual Appreciation
7.37%
Original Mortgage
$636,000
Outstanding Balance
$578,713
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,003
Purchase Details
Closed on
May 28, 2010
Sold by
Taylor Randy and Taylor Lori
Bought by
Schaffer Kevin and Schaffer Erica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2004
Sold by
Oberteuffer Kay Y
Bought by
Taylor Randy and Taylor Lori
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nussey Richard | $795,000 | Freedom Title | |
| Schaffer Kevin | $400,000 | Multiple | |
| Taylor Randy | $355,000 | Congress Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nussey Richard | $636,000 | |
| Previous Owner | Schaffer Kevin | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2021 09/24/21 | Sold | $795,000 | -5.4% | $676 / Sq Ft |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $840,000 | -- | $714 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $4,435 | $395,300 | $259,500 | $135,800 |
| 2024 | $4,435 | $395,300 | $259,500 | $135,800 |
| 2023 | $4,234 | $395,300 | $259,500 | $135,800 |
| 2022 | $4,068 | $395,300 | $259,500 | $135,800 |
| 2021 | $2,949 | $395,300 | $259,500 | $135,800 |
| 2020 | $3,866 | $395,300 | $259,500 | $135,800 |
| 2019 | $3,823 | $395,300 | $259,500 | $135,800 |
| 2018 | $3,787 | $395,300 | $259,500 | $135,800 |
| 2017 | $3,728 | $395,300 | $259,500 | $135,800 |
| 2016 | $3,585 | $395,300 | $259,500 | $135,800 |
| 2015 | $3,538 | $395,300 | $259,500 | $135,800 |
| 2014 | $3,487 | $395,300 | $259,500 | $135,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
RONALD C GIFFORD JR.
Buyer's Agent in 2021
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
(609) 425-2984
104 in this area
115 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 551465
APN: 08-01208-0000-00022
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