NOT LISTED FOR SALE

2325 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,016,774 - $1,209,000

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $860,000

Est. 27% increase in value since last sale

Current estimated payment $6,244/month

40 Days on Market

Highlights

  • Ground Level Unit
  • Fireplace
  • Kitchen Island
  • Ocean City Primary School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Shore living at its best. Don't wait to snag this beautiful home at the beach. This 4 bed 2 full bath home offers hardwood flooring, tile and an updated kitchen with an open floor plan and a fireplace to keep you warm on those chilly nights. You also have the ease of not worrying about parking with a driveway and attached garage.

Last Agent to Sell the Property

Kathleen Hansbury

WEICHERT REALTORS - TURNERSVILLE Listed on: 08/09/2022

WEICHERT REALTORS - TURNERSVILLE

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,420

Lot Details

  • 4,617

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Area

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Simpson Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,420

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/12/2022
  • 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: Dishwasher, Refrigerator
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Condo Name: Simpson Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Nov 30, 2022
Sold by
Ditullio Thomas M and Ditullio Diane
Bought by
Nailor Edward B and Nailor Mary Jo
Seller's Agent
Kathleen Hansbury
WEICHERT REALTORS - TURNERSVILLE
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$885,000
Sold Price
$860,000
Premium/Discount to List
-$25,000
-2.82%
Views
58
Current Estimated Value
$1,088,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,194
Avg. Annual Appreciation
8.61%
Original Mortgage
$688,000
Outstanding Balance
$665,915
Interest Rate
6.58%
Estimated Equity
$422,279

Purchase Details

Closed on
Sep 16, 2019
Sold by
Ditullio Thomas M
Bought by
Ditullio Thomas M and Ditullio Diane

Purchase Details

Closed on
Jan 23, 2007
Sold by
Ditullio Thomas M
Bought by
Ditullio Thomas M and Ditullio Diane

Purchase Details

Closed on
Aug 31, 2005
Sold by
Jwr Construction Co Inc
Bought by
Ditullio Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Mcdougall William A and Barbara Mcdougall M
Bought by
Jwr Construction Co Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nailor Edward B $860,000 --
Ditullio Thomas M -- --
Ditullio Thomas M -- None Available
Ditullio Thomas M $540,000 The Title Company Of Jersey
Jwr Construction Co Inc $650,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nailor Edward B $688,000
Previous Owner Ditullio Thomas M $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $860,000 -2.8% --
09/18/2022 09/18/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $885,000 -- --
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 $5,420 $483,100 $249,300 $233,800
2024 $5,420 $483,100 $249,300 $233,800
2023 $5,174 $483,100 $249,300 $233,800
2022 $4,971 $483,100 $249,300 $233,800
2021 $3,604 $483,100 $249,300 $233,800
2020 $4,725 $483,100 $249,300 $233,800
2019 $4,672 $483,100 $249,300 $233,800
2018 $4,628 $483,100 $249,300 $233,800
2017 $4,556 $483,100 $249,300 $233,800
2016 $4,382 $483,100 $249,300 $233,800
2015 $4,324 $483,100 $249,300 $233,800
2014 $4,261 $483,100 $249,300 $233,800
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Hansbury

    Seller's Agent in 2022

    Kathleen Hansbury

    Weichert Corporate

    (856) 885-1106

    3 in this area

    162 Total Sales

    Kathleen Hansbury
    Section Image
  • Mark Grimes

    Buyer's Agent in 2022

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    129 in this area

    163 Total Sales

    Mark Grimes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566966

South Jersey Shore Regional MLS

APN: 08-02305-0000-00006-0000-C1

New Jersey Cape May County Ocean City 08226

2325 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 2325 Simpson Ave Unit 1, Ocean City, NJ 08226 since 09 August 2022 and is currently estimated at $1,088,194. 2325 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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