NOT LISTED FOR SALE

1408 Simpson Ave Unit 10 Ocean City, NJ 08226

Estimated Value: $1,200,966 - $1,302,000

-- Bed
-- Bath
1,681 Sq Ft
$750/Sq Ft Est. Value

About This Home

This home is located at 1408 Simpson Ave Unit 10, Ocean City, NJ 08226 and is currently estimated at $1,260,242, approximately $749 per square foot. 1408 Simpson Ave Unit 10 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
Feb 15, 2013
Sold by
Scheinbart Lee and Scheinbart Elizabeth
Bought by
Hammett James R and Hammett Debra L
Current Estimated Value
$1,260,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$244,895
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,015,347

Purchase Details

Closed on
Dec 30, 2005
Sold by
Eagle School Associates Llc
Bought by
Scheinbart Lee and Scheinbart Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hammett James R $500,000 Surety Title
Scheinbart Lee $615,000 Ocean City Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammett James R $350,000
Previous Owner Scheinbart Lee $492,000
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 $5,553 $494,900 $183,200 $311,700
2024 $5,553 $494,900 $183,200 $311,700
2023 $5,300 $494,900 $183,200 $311,700
2022 $5,093 $494,900 $183,200 $311,700
2021 $3,692 $494,900 $183,200 $311,700
2020 $4,840 $494,900 $183,200 $311,700
2019 $4,786 $494,900 $183,200 $311,700
2018 $4,741 $494,900 $183,200 $311,700
2017 $4,667 $494,900 $183,200 $311,700
2016 $4,489 $494,900 $183,200 $311,700
2015 $4,429 $494,900 $183,200 $311,700
2014 $4,365 $494,900 $183,200 $311,700
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

1408 Simpson Ave Unit 10, Ocean City, NJ

This home is located at 1408 Simpson Ave Unit 10, Ocean City, NJ 08226 and is currently estimated at $1,260,242, approximately $749 per square foot. 1408 Simpson Ave Unit 10 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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