NOT LISTED FOR SALE

228 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $817,961 - $887,000

3 Beds
2 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold September 12, 2019

Last sale price $465,000

Est. 85% increase in value since last sale

Current estimated payment $4,934/month

177 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Walk-In Closet
  • Ocean City Primary School Rated A
  • 1 Car Attached Garage
  • Kitchen Island

About This Home

As of September 2019

Newly renovated first floor condo in the desirable Northend! Newly upgraded kitchen features granite counters and tiled back splash, high-end cabinets, several with easy-reach pull out shelves, soft close drawers, and lazy Susan corner cabinets. Enlarged granite peninsula is perfect for entertaining, giving extra seating, expanded counter space for serving and cabinets below with corner access from both sides. A cook's dream! Living room boasts brand new outside-vented gas fireplace and custom granite surround, built in bookcases complete with custom matching mantle and crown molding. Cozy up to the fire on those chilly fall nights! Upgraded hall bathroom with new fixtures. All bedrooms and hall are carpeted. Full size washer and dryer make your life easier! Master bath totally upgraded with new tiled shower surround, granite-topped vanity, raised toilet, fixtures and partially tiled walls. This home has two porches! A large covered front deck with cool shaded breezes and a smaller deck just off the master bedroom are perfect for your morning coffee. The one car garage has an extra storage area, auto door and shelves. Outside shower lets you leave the beach sand behind! Three storm doors have built in screens for energy efficiency. Double hung windows and screens let that fresh beach breeze pour through your home! This beautiful home is being offered mostly furnished. Don’t wait for mortgage rates to go higher!

Last Agent to Sell the Property

JOANNE BERNARDINI, SFR

BHHS FOX and ROACH-Northfield License #1005423 Listed on: 02/11/2019

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

JOANNE BERNARDINI, SFR

BHHS FOX and ROACH-Northfield License #1005423 Listed on: 02/11/2019

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,174

Year Built

  • Built in 2002

Lot Details

  • 3,615

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Dining Area
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 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

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,174

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 02/11/2019
  • Year Built: 2002
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • 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, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Assigned

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

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2011
Sold by
Fraunces John and Fraunces Mary
Bought by
Pancoast Lynne D
Current Estimated Value
$861,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2008
Sold by
Crossman Patricia
Bought by
Fraunces John and Fraunces Mary

Purchase Details

Closed on
Aug 6, 2004
Sold by
Kupper Arleen M
Bought by
Crossman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Ranieri Thomas L
Bought by
Kupper Arleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.85%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pancoast Lynne D $392,000 North American Title Agency
Fraunces John $375,000 North American Title Agency
Crossman Patricia $405,900 Congress Title Division
Kupper Arleen M $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pancoast Lynne D $313,600
Previous Owner Crossman Patricia $333,700
Previous Owner Kupper Arleen M $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $465,000 -3.1% --
08/07/2019 08/07/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $479,900 -1.0% --
05/21/2019 05/21/19 Price Changed $484,900 -0.9% --
04/29/2019 04/29/19 Price Changed $489,500 -2.0% --
04/15/2019 04/15/19 Price Changed $499,500 -0.1% --
02/11/2019 02/11/19 For Sale $499,900 -- --
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 $4,174 $372,000 $133,100 $238,900
2024 $4,174 $372,000 $133,100 $238,900
2023 $3,984 $372,000 $133,100 $238,900
2022 $3,828 $372,000 $133,100 $238,900
2021 $2,775 $372,000 $133,100 $238,900
2020 $3,638 $372,000 $133,100 $238,900
2019 $3,282 $339,400 $133,100 $206,300
2018 $3,251 $339,400 $133,100 $206,300
2017 $3,201 $339,400 $133,100 $206,300
2016 $3,078 $339,400 $133,100 $206,300
2015 $3,038 $339,400 $133,100 $206,300
2014 $2,994 $339,400 $133,100 $206,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 517521

South Jersey Shore Regional MLS

APN: 08-00214-0000-00012-0000-C1