NOT LISTED FOR SALE

1416 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,025,000 - $1,196,000

4 Beds
2.5 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold August 23, 2013

Last sale price $485,000

Est. 126% increase in value since last sale

Current estimated payment $6,260/month

6 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • 1-minute walk to 15th Street Playground

About This Home

As of August 2013

Simpson Avenue, beautiful 1st floor unit. This property features 4 bedrooms, 2.5 baths, gas heat, central air, w/w carpet, front and rear decks, garage parking, outside shower and more!

Last Agent to Sell the Property

Gary Jessel

FOX REAL ESTATE-Brighton Listed on: 06/25/2013

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,330

Lot Details

  • 4,617

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Simpson Ave Condos

Recreation

  • Outdoor Community Showers

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,330

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Condo Name: Simpson Ave
  • Management: Co-Owner

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 23, 2013
Sold by
Myers William and Myers Deborah
Bought by
Tarves Robert J and Tarves Amelia R
Seller's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$1,097,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,055
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Teitler Paul H and Teitler Lenore S
Bought by
Myers William and Myers Deborah

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
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Gulf Stream Holdings Llc
Bought by
Teitler Paul H and Teitler Lenore S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Naggar Ali K and Naggar Tahany R
Bought by
Gulf Stream Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,280
Interest Rate
5.81%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tarves Robert J $485,000 Freedom Title & Abstract Com
Myers William $460,000 Freedom Title & Abstract Com
Teitler Paul H $545,000 Freedom Title & Abstract Com
Gulf Stream Holdings Llc $535,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers William $350,000
Previous Owner Teitler Paul H $436,000
Previous Owner Gulf Stream Holdings Llc $794,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $485,000 0.0% --
07/01/2013 07/01/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $485,000 -- --
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 $5,330 $475,000 $183,200 $291,800
2024 $5,330 $475,000 $183,200 $291,800
2023 $5,087 $475,000 $183,200 $291,800
2022 $4,888 $475,000 $183,200 $291,800
2021 $3,544 $475,000 $183,200 $291,800
2020 $4,646 $475,000 $183,200 $291,800
2019 $4,593 $475,000 $183,200 $291,800
2018 $4,551 $475,000 $183,200 $291,800
2017 $4,479 $475,000 $183,200 $291,800
2016 $4,308 $475,000 $183,200 $291,800
2015 $4,251 $475,000 $183,200 $291,800
2014 $4,190 $475,000 $183,200 $291,800
Source: Public Records

Agents Affiliated with this Home

  • Gary Jessel

    Seller's Agent in 2013

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    43 in this area

    44 Total Sales

    Gary Jessel
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2013

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    157 in this area

    503 Total Sales

    Jeff Quintin
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 413454

South Jersey Shore Regional MLS

APN: 08-01408-0000-00011-0000-C1

New Jersey Cape May County Ocean City 08226

1416 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 1416 Simpson Ave Unit 1, Ocean City, NJ 08226 since 25 June 2013 and is currently estimated at $1,097,055. 1416 Simpson Ave Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes