NOT LISTED FOR SALE

1424 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,082,000 - $1,357,000

5 Beds
3 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold April 07, 2020

Last sale price $685,000

Est. 83% increase in value since last sale

Current estimated payment $7,211/month

194 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to 15th Street Playground

About This Home

As of April 2020

Spectacular Custom New Construction 5 Bedroom 3 Full Bath 1st Floor Condo! This Beauty Features: Gourmet Kitchen with High-end Cabinetry, Granite Countertops, Tile Backsplash, Under Counter Lighting, Huge Island, SS Appliances, 5 Large Bedrooms, 3 Full Baths, Hardwood Flooring in Great Room, Stairs & Hallway, Tiled Shower in Master Bath & Hall Bath, Tile Above Tub in 3rd Bath, Elevated Vanities with Granite Tops, Gas Heat, C/A, Gas Vented Fireplace, Large Front Deck + Rear Deck, 9 Foot Ceilings, Crown Molding, Separate Entrance & Separate Garage, One Car Garage+Extra Parking... Great Location! (Close to Beach & Boardwalk) Great Property! Quality New Construction! Great Value! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 08/08/2019

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Mary Kuchka, Gri, Crs

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,866

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,617

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Handicap Accessible
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,866

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/11/2019
  • New Construction: Yes
  • Year Built: 2020
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Handicap Features, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
May 29, 2020
Sold by
Jolin Properties Llc
Bought by
Smalley Meredith M
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
List Price
$729,900
Sold Price
$685,000
Premium/Discount to List
-$44,900
-6.15%
Current Estimated Value
$1,252,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,369
Avg. Annual Appreciation
11.53%
Original Mortgage
$411,000
Outstanding Balance
$378,229
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$874,140
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
Smalley Meredith M $685,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smalley Meredith M $411,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2020 04/07/20 Sold $685,000 -6.2% --
02/18/2020 02/18/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $729,900 0.0% --
11/07/2019 11/07/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $729,900 -- --
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 $6,866 $611,900 $158,700 $453,200
2024 $6,866 $611,900 $158,700 $453,200
2023 $6,553 $611,900 $158,700 $453,200
2022 $6,296 $611,900 $158,700 $453,200
2021 $6,150 $611,900 $158,700 $453,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2020

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    360 in this area

    418 Total Sales

    Michael Contino
    Section Image
  • Mary Kuchka, Gri, Crs

    Buyer's Agent in 2020

    Mary Kuchka, Gri, Crs

    BERGER REALTY-Main

    (609) 576-2790

    32 in this area

    35 Total Sales

    Mary Kuchka, Gri, Crs
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 526374

South Jersey Shore Regional MLS

APN: 08 01408-0000-00013-0000-C1

New Jersey Cape May County Ocean City 08226

1424 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 1424 Simpson Ave Unit 1, Ocean City, NJ 08226 since 08 August 2019 and is currently estimated at $1,252,369. This property was built in 2020. 1424 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.

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