NOT LISTED FOR SALE

24 Simpson Ave Ocean City, NJ 08226

Estimated Value: $984,000 - $1,314,000

-- Bed
-- Bath
1,896 Sq Ft
$618/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $437,800 $231 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $6,863/month

128 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Ocean City Primary School Rated A
  • Central Air

About This Home

As of December 2015

None

Last Agent to Sell the Property

Bill Wagner

Keller Williams Realty - Atlantic Shore License #7872204 Listed on: 06/15/2015

Keller Williams Realty - Atlantic Shore

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,599

Year Built

  • Built in 1952

Lot Details

  • 4,600 Sq Ft Lot
  • Lot Dimensions are 40x115

Parking

  • 3 Open Parking Spaces

Home Design

  • 1,896 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup

Community Details

  • No Home Owners Association
  • Operating Expense $4,742

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 08-00014-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,599

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1896
  • Living Area Sq Ft: 1896
  • Price Per Sq Ft: 261.08
  • Above Grade Finished Sq Ft: 1896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020

Lot Info

  • Improvement Assessed Value: 134900.00
  • Land Assessed Value: 379000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4600.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3792288
  • Tax Annual Amount: 4599.00
  • Assessor Parcel Number: 08-00014-00016
  • Tax Lot: 00016
  • Tax Year: 2015
  • Close Date: 12/28/2015

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2019
Sold by
Santiago Maryellin and Santiago Raymond
Bought by
Raymond and Santiago T
Current Estimated Value
$1,171,331

Purchase Details

Listed on
Jun 15, 2015
Closed on
Dec 28, 2015
Sold by
Spanier Kathleen and Mauro Louis
Bought by
Santiago Maryellin and Santiago Raymond
Seller's Agent
Bill Wagner
Keller Williams Realty - Atlantic Shore
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$530,000
Sold Price
$437,800
Premium/Discount to List
-$92,200
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Sep 7, 2013
Sold by
Spanier Kathleen
Bought by
Spanier Kathleen and Mauro Louis

Purchase Details

Closed on
Sep 25, 1990
Sold by
Mauro Louis
Bought by
Atlantic City Electric Co
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
Raymond -- --
Santiago Maryellin $437,800 None Available
Spanier Kathleen -- None Available
Atlantic City Electric Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond & M Santiago Ret $348,000
Previous Owner Mauro Jacqueline $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $437,800 -17.4% $231 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $530,000 -- $280 / Sq Ft
Source: Bright 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 $5,766 $513,900 $379,000 $134,900
2024 $5,766 $513,900 $379,000 $134,900
2023 $5,504 $513,900 $379,000 $134,900
2022 $5,288 $513,900 $379,000 $134,900
2021 $3,834 $513,900 $379,000 $134,900
2020 $5,026 $513,900 $379,000 $134,900
2019 $4,969 $513,900 $379,000 $134,900
2018 $4,923 $513,900 $379,000 $134,900
2017 $4,846 $513,900 $379,000 $134,900
2016 $4,661 $513,900 $379,000 $134,900
2015 $4,599 $513,900 $379,000 $134,900
2014 $4,742 $537,600 $463,200 $74,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002652608

Bright MLS

APN: 08-00014-0000-00016