NOT LISTED FOR SALE

1325 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,380,016 - $2,022,000

5 Beds
3 Baths
2,708 Sq Ft
$632/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $705,000 $260 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $9,677/month

178 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Laundry Room
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to 15th Street Playground

About This Home

As of September 2014

Great Single Family Home, in a great location. Large & open floor plan w/ 5 bedrooms, 3 full baths, hardwood fls.,extra large kitchen w/ gas fireplace, granite counters & stainless steel appliances. Attached garage, 2 porches, sprinkler system & Anderson windows. 1st fl., bedroom & full bath for great for extra company! 2nd fl. features: 4 bedrooms, including large master suite, hall bath & storage attic. Close to downtown shopping & restaurants, 2 blocks to the bay.

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 02/12/2014

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Suzanne Strauss Lawler

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 40 x 115
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,192

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Storage
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Sep 22, 2014
Sold by
Cassidy Robert W and Cassidy Michelle E
Bought by
Beiler Alvin C and Vailer Ruthie E
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Suzanne Strauss Lawler
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,712,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,254
Avg. Annual Appreciation
8.35%
Original Mortgage
$564,000
Outstanding Balance
$431,460
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,280,794

Purchase Details

Closed on
Oct 5, 2006
Sold by
Morelli Carmen
Bought by
Cassidy Robert W and Cassidy Michele E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2004
Sold by
Hall Mark and Iannace Paul R
Bought by
Morelli Carmen
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
Beiler Alvin C $705,000 Surety Title
Cassidy Robert W $870,000 None Available
Morelli Carmen $300,000 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beiler Alvin C $564,000
Previous Owner Cassidy Robert W $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold $705,000 0.0% $260 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $705,000 -- $260 / Sq Ft
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 $7,192 $641,000 $279,800 $361,200
2024 $7,192 $641,000 $279,800 $361,200
2023 $6,865 $641,000 $279,800 $361,200
2022 $6,596 $641,000 $279,800 $361,200
2021 $4,782 $641,000 $279,800 $361,200
2020 $6,269 $641,000 $279,800 $361,200
2019 $6,198 $641,000 $279,800 $361,200
2018 $6,141 $641,000 $279,800 $361,200
2017 $6,045 $641,000 $279,800 $361,200
2016 $5,814 $641,000 $279,800 $361,200
2015 $5,737 $641,000 $279,800 $361,200
2014 $5,259 $596,300 $235,100 $361,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Grimes

    Seller's Agent in 2014

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
  • Suzanne Strauss Lawler

    Buyer's Agent in 2014

    Suzanne Strauss Lawler

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 457-9222

    51 Total Sales

    Suzanne Strauss Lawler
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 424110

South Jersey Shore Regional MLS

APN: 08-01307-0000-00006

New Jersey Cape May County Ocean City 08226

1325 Simpson Ave, Ocean City, NJ

This home is located at 1325 Simpson Ave, Ocean City, NJ 08226 since 12 February 2014 and is currently estimated at $1,712,254, approximately $632 per square foot. This property was built in 2005. 1325 Simpson Ave 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.

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