1409 Simpson Ave Unit 11 Ocean City, NJ 08226
Estimated Value: $1,129,000 - $1,285,000
--
Bed
--
Bath
1,467
Sq Ft
$816/Sq Ft
Est. Value
About This Home
This home is located at 1409 Simpson Ave Unit 11, Ocean City, NJ 08226 and is currently estimated at $1,197,745, approximately $816 per square foot. 1409 Simpson Ave Unit 11 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
Aug 5, 2023
Sold by
Schrumpf Raymond A and Schrumpf Susan L
Bought by
Heino John Michael and Kramer-Heino Thereasa A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$859,948
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$337,797
Purchase Details
Closed on
Oct 24, 2014
Sold by
Riehl John and Riehl Donna
Bought by
Schrumpf Raymond A and Schrumpf Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 12, 2006
Sold by
Friedman W Scott
Bought by
Riehl John and Riehl Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.59%
Mortgage Type
Fannie Mae Freddie Mac
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 |
---|---|---|---|
Heino John Michael | $1,100,000 | Chicago Title | |
Heino John Michael | $1,100,000 | Chicago Title | |
Schrumpf Raymond A | $500,000 | Surety Title | |
Riehl John | $575,000 | The Title Company Of Jersey |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Heino John Michael | $880,000 | |
Closed | Heino John Michael | $880,000 | |
Previous Owner | Schrumpf Raymond A | $300,000 | |
Previous Owner | Riehl John | $375,000 |
Source: Public Records
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 | $6,004 | $535,100 | $183,200 | $351,900 |
2024 | $6,004 | $535,100 | $183,200 | $351,900 |
2023 | $5,113 | $477,400 | $183,200 | $294,200 |
2022 | $4,912 | $477,400 | $183,200 | $294,200 |
2021 | $3,561 | $477,400 | $183,200 | $294,200 |
2020 | $4,669 | $477,400 | $183,200 | $294,200 |
2019 | $4,616 | $477,400 | $183,200 | $294,200 |
2018 | $4,573 | $477,400 | $183,200 | $294,200 |
2017 | $4,502 | $477,400 | $183,200 | $294,200 |
2016 | $4,330 | $477,400 | $183,200 | $294,200 |
2015 | $4,273 | $477,400 | $183,200 | $294,200 |
2014 | $4,211 | $477,400 | $183,200 | $294,200 |
Source: Public Records
Map
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