NOT LISTED FOR SALE

2128 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,385,529 - $1,502,000

5 Beds
3 Baths
-- Sq Ft
8,059 Sq Ft Lot

Last Sold January 07, 2019

Last sale price $762,500

Est. 91% increase in value since last sale

Current estimated payment $8,366/month

178 Days on Market

Highlights

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

About This Home

As of January 2019

Custom new construction by Duncan Homes boasting 5 bedrooms, 3 full baths, an expansive wrap around deck, and a spacious two car garage, all situated on a large 70' x 115' corner lot. Don't miss this opportunity to be on a quiet street in a sought after residential neighborhood that's just perfect for your second home or year 'round residence! If you are lucky enough to move quickly, you'll be able to pick your colors and selections. You will truly enjoy the proximity of the protected 22nd Street beach, boardwalk, and the municipal airport. Call now for more information...completion in the winter of 2018-19!

Last Agent to Sell the Property

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 05/18/2018

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Co-Listed By

Michael Hoffman

MARR AGENCY License #SB-7815053

Last Buyer's Agent

Suzanne Hampton

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,916

Lot Details

  • 8,059

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • 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
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,916

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 05/18/2018
  • New Construction: Yes
  • Age: 0 To 1 Year
  • 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
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: 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), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jan 7, 2019
Sold by
Duncan Real Estate Inv
Bought by
Mccool George T and Mccool Linda L
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Suzanne Hampton
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$779,000
Sold Price
$762,500
Premium/Discount to List
-$16,500
-2.12%
Current Estimated Value
$1,453,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,882
Avg. Annual Appreciation
11.03%

Purchase Details

Listed on
May 18, 2018
Closed on
Nov 30, 2018
Sold by
Duncan Real Estate Inv
Bought by
Mclaughlin Dena M and Mclaughlin Kevin M
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Suzanne Hampton
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$779,000
Sold Price
$762,500
Premium/Discount to List
-$16,500
-2.12%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Weintraub Elda Est
Bought by
Duncan Real Est Invests

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.43%
Mortgage Type
Unknown
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
Mccool George T $762,500 --
Mclaughlin Dena M $804,000 --
Duncan Real Est Invests $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Real Est Invests $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $762,500 -3.4% --
11/12/2018 11/12/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $789,000 +1.3% --
05/18/2018 05/18/18 For Sale $779,000 -- --
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 $7,916 $705,500 $333,900 $371,600
2024 $7,916 $705,500 $333,900 $371,600
2023 $7,556 $705,500 $333,900 $371,600
2022 $7,260 $705,500 $333,900 $371,600
2021 $7,090 $705,500 $333,900 $371,600
2020 $6,900 $705,500 $333,900 $371,600
Source: Public Records

Agents Affiliated with this Home

  • Douglas Grisbaum

    Seller's Agent in 2019

    Douglas Grisbaum

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 335-3801

    62 in this area

    67 Total Sales

    Douglas Grisbaum
    Section Image
  • Michael Hoffman

    Seller Co-Listing Agent in 2019

    Michael Hoffman

    MARR AGENCY

    (609) 432-8890

    23 in this area

    29 Total Sales

    Michael Hoffman
    Section Image
  • Suzanne Hampton

    Buyer's Agent in 2019

    Suzanne Hampton

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (215) 840-3971

    21 in this area

    23 Total Sales

    Suzanne Hampton
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505597

South Jersey Shore Regional MLS

APN: 08 02106-0000-00016-0000-C1

New Jersey Cape May County Ocean City 08226

2128 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 2128 Simpson Ave Unit 1, Ocean City, NJ 08226 since 18 May 2018 and is currently estimated at $1,453,382. 2128 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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