NOT LISTED FOR SALE

2405 Simpson Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $1,233,000 - $1,672,000

4 Beds
2.5 Baths
2,300 Sq Ft
$642/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $462,000 $201 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $8,477/month

Highlights

  • Deck
  • Cathedral Ceiling
  • No HOA
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 1 Car Direct Access Garage

About This Home

As of July 2015

Immaculate 4 Bedroom 2.5 Bath Single Family Home. Just a few blocks to the gold coast beaches, this home has been meticulously maintained. Large Open Flooplan Kitchen, Great Room, Florida Room. Master Bedroom has Private Master Bath. Large Deck off the Back. Offstreet Parking. Must See. Short Sale Subject to 3rd Party Approval

Last Agent to Sell the Property

Robert Bond

(609) 289-2916 robertbond@verizon.net RE/MAX At the Shore Listed on: 04/17/2015

RE/MAX At the Shore

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1987

Lot Details

  • 4,600 Sq Ft Lot
  • Lot Dimensions are 40x115
  • Property is in good condition
  • Property is zoned R1

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Schools

  • Ocean City Elementary And Middle School
  • Ocean City High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ocean City Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 08-02405-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,042

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1987
  • Remarks Public: Immaculate 4 Bedroom 2.5 Bath Single Family Home. Just a few blocks to the gold coast beaches, this home has been meticulously maintained. Large Open Flooplan Kitchen, Great Room, Florida Room. Master Bedroom has Private Master Bath. Large Deck off the Back. Offstreet Parking. Must See. Short Sale Subject to 3rd Party Approval
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Net Sq Ft: 2300.00
  • Price Per Sq Ft: 260.83
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2405

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Outside Shower
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: OCEAN CITY SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: OCEAN CITY
  • High School: OCEAN CITY
  • School District Key: 300200397020
  • Elementary School: OCEAN CITY
  • High School: OCEAN CITY
  • Middle Or Junior School: OCEAN CITY

Lot Info

  • Improvement Assessed Value: 278000.00
  • Land Assessed Value: 293600.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4600.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3802644
  • Tax Annual Amount: 5042.00
  • Assessor Parcel Number: 08-02405-00011
  • Tax Lot: 00011
  • Tax Year: 2014
  • Close Date: 07/24/2015

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Orloff Nicholas M and Orloff Vanessa
Bought by
Dacey Ryan and Orloff Mariana M
Current Estimated Value
$1,476,815

Purchase Details

Closed on
Jan 31, 2017
Sold by
Delisi George
Bought by
Orloff Nicholas M and Orloff Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 22, 2015
Sold by
Lamour John
Bought by
Delisi George
Seller's Agent
Robert Bond
RE/MAX At the Shore
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$625,000
Sold Price
$462,000
Premium/Discount to List
-$163,000
-26.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Aug 13, 2004
Sold by
Narozny Edward E and Narozny Helga
Bought by
Lamour John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1994
Sold by
Callahan Joseph
Bought by
Narozny Edward and Narozny Helga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.15%

Purchase Details

Closed on
Aug 1, 1988
Sold by
Elliott Lewis Specialties Inc
Bought by
Callahan Joseph and Callahan Zelinda
Source: Public Records

Range of Values:

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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
Dacey Ryan -- None Available
Orloff Nicholas M $580,000 The Title Company Of Jersey
Delisi George $462,000 Nat
Lamour John $680,000 Congress Title Division
Narozny Edward $219,000 --
Callahan Joseph $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orloff Nicholas M $464,000
Previous Owner Lamour John $544,000
Previous Owner Narozny Edward $100,000
Closed Lamour John $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $462,000 -23.0% $201 / Sq Ft
06/07/2015 06/07/15 Price Changed $599,900 -4.0% $261 / Sq Ft
04/17/2015 04/17/15 For Sale $625,000 -- $272 / 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 $7,391 $658,700 $293,600 $365,100
2024 $7,391 $658,700 $293,600 $365,100
2023 $6,122 $571,600 $293,600 $278,000
2022 $5,882 $571,600 $293,600 $278,000
2021 $5,745 $571,600 $293,600 $278,000
2020 $5,590 $571,600 $293,600 $278,000
2019 $5,527 $571,600 $293,600 $278,000
2018 $5,476 $571,600 $293,600 $278,000
2017 $5,390 $571,600 $293,600 $278,000
2016 $5,184 $571,600 $293,600 $278,000
2015 $5,116 $571,600 $293,600 $278,000
2014 $5,042 $571,600 $293,600 $278,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Bond

    RE/MAX

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Map

Source: Bright MLS

MLS Number: 1002596408

Bright MLS

APN: 08-02405-0000-00011

New Jersey Cape May County Ocean City 08226

2405 Simpson Ave Unit 7, Ocean City, NJ

This home is located at 2405 Simpson Ave Unit 7, Ocean City, NJ 08226 since 17 April 2015 and is currently estimated at $1,476,815, approximately $642 per square foot. This property was built in 1987. 2405 Simpson Ave Unit 7 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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