1500 Simpson Ave Ocean City, NJ 08226
Estimated Value: $1,001,158 - $1,408,000
--
Bed
--
Bath
1,185
Sq Ft
$957/Sq Ft
Est. Value
About This Home
This home is located at 1500 Simpson Ave, Ocean City, NJ 08226 and is currently estimated at $1,133,540, approximately $956 per square foot. 1500 Simpson Ave 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 11, 2005
Sold by
Wawa Inc
Bought by
Baldridge Real Estate Inc
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
$7,600,000
Outstanding Balance
$3,840,069
Interest Rate
5.66%
Mortgage Type
Construction
Estimated Equity
-$2,706,529
Purchase Details
Closed on
Jun 1, 1987
Bought by
Maffei Nicholas and Maffei Diane
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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 |
---|---|---|---|
Baldridge Real Estate Inc | $1,200,000 | -- | |
Maffei Nicholas | $89,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Baldridge Real Estate Inc | $7,600,000 |
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 | $7,108 | $633,500 | $258,400 | $375,100 |
2024 | $7,108 | $633,500 | $258,400 | $375,100 |
2023 | $6,785 | $633,500 | $258,400 | $375,100 |
2022 | $6,519 | $633,500 | $258,400 | $375,100 |
2021 | $6,367 | $633,500 | $258,400 | $375,100 |
2020 | $2,527 | $258,400 | $258,400 | $0 |
2019 | $2,499 | $258,400 | $258,400 | $0 |
2018 | $3,135 | $327,200 | $258,400 | $68,800 |
2017 | $3,086 | $327,200 | $258,400 | $68,800 |
2016 | $2,968 | $327,200 | $258,400 | $68,800 |
2015 | $2,928 | $327,200 | $258,400 | $68,800 |
2014 | $2,886 | $327,200 | $258,400 | $68,800 |
Source: Public Records
Map
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