NOT LISTED FOR SALE

133 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $631,500 - $870,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 22, 2024

Last sale price $700,000

Est. 9% increase in value since last sale

Current estimated payment $4,435/month

1 Day on Market

Highlights

  • Ground Level Unit
  • Outdoor Community Showers
  • Heating Available
  • Ocean City Primary School Rated A
  • Brick Front
  • Gas Log Fireplace

About This Home

As of July 2024

Welcome to 133 Simpson—your Northend Ocean City getaway! This fully updated, first floor 3 bedroom, 2 full bath condo is perfect for year round living or a turnkey investment opportunity. Upon stepping on the property, you’re greeted by a spacious front porch perfect for outdoor dining and entertaining. Just inside you’ll find an open concept living room with a charming whitewashed brick gas fireplace. Delight in culinary pursuits in the fully equipped kitchen, showcasing granite counters, upgraded white shaker cabinetry, a stylish tile backsplash, tile floors and stainless steel appliances. The entire home features maintenance free laminate flooring with a coastal vibe. Three spacious bedrooms allow plenty of room for visitors with room for bunk beds if desired. Don’t miss the separate laundry room (with ample space for potential extra storage cabinets) leading into the full bath with tub and shower. The primary bedroom is the perfect oasis featuring a fully updated bathroom with tile shower and spa shower head. The driveway around back offers 2 off street parking spots and a storage space for beach gear. Don’t miss this fantastic opportunity to own in this wonderful location... a short walk to the North Street playground and the bay!

Last Agent to Sell the Property

Shannon Cogan

BHHS FOX and ROACH-Simpson OC License #2078605 Listed on: 05/16/2024

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Christopher Ferzoco

Keller Williams Realty Jersey Shore-Ocean City License #0448907

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1980

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Simpson Ave Condos

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,396

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/16/2024
  • Year Built: 1980
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Brick Face, Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Condo Name: Simpson Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 22, 2024
Sold by
Egan William F and Egan Gail J
Bought by
Vitali Michael L and Vitali Donna
Seller's Agent
Shannon Cogan
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Christopher Ferzoco
Keller Williams Realty Jersey Shore-Ocean City
List Price
$689,000
Sold Price
$700,000
Premium/Discount to List
$11,000
1.6%
Views
8
Current Estimated Value
$761,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,875
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Apr 21, 2015
Sold by
Barbara P Mack Living Trust
Bought by
Egan William F and Egan Gail J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Mack Barbara P
Bought by
Mack Barbara P and Barbara P Mack Living Trust

Purchase Details

Closed on
Sep 17, 2004
Sold by
Ocean City Tax Free Exchange Llc and Mack Barbara P
Bought by
Mack Barbara P

Purchase Details

Closed on
Aug 2, 2004
Sold by
Mack Barbara P
Bought by
Ocean City Tax Free Exchange Llc
Source: Public Records

Range of Values:

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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
Vitali Michael L $700,000 None Listed On Document
Egan William F $235,000 Surety Title
Mack Barbara P -- None Available
Mack Barbara P -- --
Ocean City Tax Free Exchange Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitali Michael L $1,057,500
Previous Owner Egan William F $188,000
Previous Owner Mack Barbara P $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $700,000 +1.6% --
05/17/2024 05/17/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $689,000 -- --
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 $3,396 $348,100 $184,300 $163,800
2024 $3,396 $302,700 $184,300 $118,400
2023 $3,242 $302,700 $184,300 $118,400
2022 $3,115 $302,700 $184,300 $118,400
2021 $2,258 $302,700 $184,300 $118,400
2020 $2,960 $302,700 $184,300 $118,400
2019 $2,927 $302,700 $184,300 $118,400
2018 $2,900 $302,700 $184,300 $118,400
2017 $2,854 $302,700 $184,300 $118,400
2016 $2,745 $302,700 $184,300 $118,400
2015 $2,709 $302,700 $184,300 $118,400
2014 -- $302,700 $184,300 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 585237

South Jersey Shore Regional MLS

APN: 08-00110-0000-00005-0000-C1