NOT LISTED FOR SALE

208 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $714,289 - $871,000

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

Last Sold September 15, 2021

Last sale price $590,000

Est. 35% increase in value since last sale

Current estimated payment $4,500/month

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of September 2021

Renovated And Owner Loved 3 Bedroom 2 Bath 1st Floor On An Oversized Lot. Gas Heat and Central Air, Upgraded Kitchen and Baths, Hardwood Floors, Covered Front Porch, Storage, 2 Car Rear Parking, Upgraded Trimwork. This is a great 1st Floor Unit on a quiet street. Currently Owner Occupied.

Last Agent to Sell the Property

Eric Booth

Compass New Jersey-Ocean City (O463E) Listed on: 07/09/2021

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Kayla Noll

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 1981

Lot Details

  • 3,833

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

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

Additional Features

  • Association fees include insurance
  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,263

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Partially Furnished, Rugs, Shades
  • Lvt Date: 09/04/2021
  • Year Built: 1981
  • Age: 25+ 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, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Association, Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 15, 2021
Sold by
Marino Carla M and Marino John V
Bought by
Digregorio Samuel Peter and Digregorio Antoinette Marie
Seller's Agent
Eric Booth
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Kayla Noll
Compass New Jersey-Ocean City (O463E)
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Current Estimated Value
$797,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,572
Avg. Annual Appreciation
7.73%
Original Mortgage
$472,000
Outstanding Balance
$428,844
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,728

Purchase Details

Closed on
Mar 30, 2007
Sold by
Mrowczynski Edmund and Mrowczynski Nancy
Bought by
Marino Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Digregorio Samuel Peter $590,000 Title Company Of Jersey
Digregorio Samuel Peter $590,000 Title Company Of Jersey
Marino Carla M $320,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digregorio Samuel Peter $472,000
Closed Digregorio Samuel Peter $472,000
Previous Owner Marino Carla M $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $590,000 -0.8% --
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $595,000 -- --
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 $3,263 $315,500 $142,000 $173,500
2024 $3,263 $290,800 $142,000 $148,800
2023 $3,114 $290,800 $142,000 $148,800
2022 $2,992 $290,800 $142,000 $148,800
2021 $2,169 $290,800 $142,000 $148,800
2020 $2,844 $290,800 $142,000 $148,800
2019 $2,812 $290,800 $142,000 $148,800
2018 $2,786 $290,800 $142,000 $148,800
2017 $2,742 $290,800 $142,000 $148,800
2016 $2,638 $290,800 $142,000 $148,800
2015 $2,603 $290,800 $142,000 $148,800
2014 $2,565 $290,800 $142,000 $148,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 555060

South Jersey Shore Regional MLS

APN: 08-00214-0000-00009-0000-C1