NOT LISTED FOR SALE

204 Simpson Ave Unit First Floor Ocean City, NJ 08226

Estimated Value: $738,970 - $875,000

3 Beds
2 Baths
-- Sq Ft
3,833 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $599,000

Est. 35% increase in value since last sale

Current estimated payment $4,617/month

Highlights

  • Deck
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Dining Room

About This Home

As of November 2021

Meticulously cared for, 1st floor 3 bedroom, 2 bath condo available in the deep north end near the bay. Quiet neighborhood close to water sports, restaurants and fishing. Updated kitchen and bathrooms. Must see this gem to appreciate. Sold unfurnished.

Last Agent to Sell the Property

REBECCA ALLEGRETTO

MONIHAN REALTY Listed on: 08/18/2021

Last Buyer's Agent

Nicholas Deckard

eXp Realty - Montclair

eXp Realty - Montclair

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1981

Lot Details

  • 3,833

Parking

  • Parking Pad

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,929

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/18/2021
  • Year Built: 1981
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: 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: Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 9, 2021
Sold by
Cavanaugh Thomas P
Bought by
Condominium-Phase Down Shore
Seller's Agent
REBECCA ALLEGRETTO
MONIHAN REALTY
Buyer's Agent
Nicholas Deckard
eXp Realty - Montclair
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%
Current Estimated Value
$809,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,243
Avg. Annual Appreciation
7.98%
Original Mortgage
$479,200
Outstanding Balance
$438,429
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$370,814

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 2, 2021
Sold by
Cavanaugh Thomas P and Boyle William G
Bought by
Down Shore Condominium-Phase
Seller's Agent
REBECCA ALLEGRETTO
MONIHAN REALTY
Buyer's Agent
Nicholas Deckard
eXp Realty - Montclair
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Outstanding Balance
$438,429
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$370,814

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 1, 2021
Sold by
Boyle William G and Boyle Frances D
Bought by
Hilbert George and Hilbert Rhonda
Seller's Agent
REBECCA ALLEGRETTO
MONIHAN REALTY
Buyer's Agent
Nicholas Deckard
eXp Realty - Montclair
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Outstanding Balance
$438,429
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$370,814

Purchase Details

Closed on
Jul 30, 1994
Sold by
Joel Mott Iii Esq
Bought by
Boyle William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.4%

Purchase Details

Closed on
Aug 3, 1993
Sold by
Cavanaugh Thomas P
Bought by
Mott Joel A

Purchase Details

Closed on
May 8, 1990
Sold by
Cavanaugh Melanie
Bought by
Cavanaugh Thomas P

Purchase Details

Closed on
Jun 29, 1988
Sold by
Mott Joel
Bought by
Cavanaugh Thomas and Cavanaugh Melanie
Source: Public Records

Range of Values:

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Average Value
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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
Condominium-Phase Down Shore -- Batastini Jon D
Down Shore Condominium-Phase -- None Listed On Document
Hilbert George $599,000 The Title Company
Hilbert George $599,000 The Title Company
Boyle William $90,500 --
Mott Joel A $100 --
Cavanaugh Thomas P -- --
Cavanaugh Thomas $98,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilbert George $479,200
Closed Hilbert George $479,200
Previous Owner Boyle William $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $599,000 -6.3% --
09/13/2021 09/13/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $639,000 -1.7% --
08/18/2021 08/18/21 For Sale $650,000 -- --
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 $3,929 $350,200 $142,000 $208,200
2024 $3,929 $350,200 $142,000 $208,200
2023 $3,751 $350,200 $142,000 $208,200
2022 $3,604 $350,200 $142,000 $208,200
2021 $2,043 $273,800 $142,000 $131,800
2020 $2,678 $273,800 $142,000 $131,800
2019 $2,648 $273,800 $142,000 $131,800
2018 $2,623 $273,800 $142,000 $131,800
2017 $2,582 $273,800 $142,000 $131,800
2016 $2,483 $273,800 $142,000 $131,800
2015 $2,451 $273,800 $142,000 $131,800
2014 $2,415 $273,800 $142,000 $131,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    REBECCA ALLEGRETTO

    MONIHAN REALTY

    (609) 703-6114

    2 in this area

    18 Total Sales

    REBECCA ALLEGRETTO
    Section Image

  • N

    Buyer's Agent in 2021

    Nicholas Deckard

    eXp Realty - Montclair

    (609) 602-2847

    49 in this area

    52 Total Sales

    Nicholas Deckard
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554463

South Jersey Shore Regional MLS

APN: 08-00214-0000-00008-0000-C1

New Jersey Cape May County Ocean City 08226

204 Simpson Ave Unit First Floor, Ocean City, NJ

This home is located at 204 Simpson Ave Unit First Floor, Ocean City, NJ 08226 since 18 August 2021 and is currently estimated at $809,243. This property was built in 1981. 204 Simpson Ave Unit First Floor 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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