NOT LISTED FOR SALE

248-50 Simpson Ave #2 Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $783,237 - $875,000

-- Bed
2 Baths
1,172 Sq Ft
$720/Sq Ft Est. Value

About This Home

This home is located at 248-50 Simpson Ave #2 Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $844,309, approximately $720 per square foot. 248-50 Simpson Ave #2 Ave Unit 2 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Robbins-Franckle Christine M
Bought by
Day Michael P and Day Karen
Current Estimated Value
$844,309

Purchase Details

Closed on
Jan 23, 2012
Sold by
Ellixson Barbara E
Bought by
Robbins Franckle Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Martin John J and Martin Janice J
Bought by
Ellixson Barbara E

Purchase Details

Closed on
Jun 29, 2007
Sold by
Ocean City Tax Free Exchange Llc
Bought by
Martin John J and Martin Janice J

Purchase Details

Closed on
Jun 4, 2007
Sold by
Martin John J and Martin Janice J
Bought by
Ocean City Tax Free Exchange Llc

Purchase Details

Closed on
Aug 23, 2002
Sold by
Ranieri Joseph M
Bought by
Martin John J and Martin Janice Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Day Michael P $764,000 Trident Land Transfer
Robbins Franckle Christine M $387,000 Chicago Title Insurance Co
Ellixson Barbara E $385,000 None Available
Martin John J -- None Available
Ocean City Tax Free Exchange Llc -- None Available
Martin John J $278,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robbins Franckle Christine M $232,200
Previous Owner Martin John J $188,500
Source: Public Records

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 $4,027 $358,900 $133,100 $225,800
2024 $4,027 $358,900 $133,100 $225,800
2023 $3,844 $358,900 $133,100 $225,800
2022 $3,693 $358,900 $133,100 $225,800
2021 $2,677 $358,900 $133,100 $225,800
2020 $3,510 $358,900 $133,100 $225,800
2019 $3,471 $358,900 $133,100 $225,800
2018 $3,438 $358,900 $133,100 $225,800
2017 $3,384 $358,900 $133,100 $225,800
2016 $3,255 $358,900 $133,100 $225,800
2015 $3,212 $358,900 $133,100 $225,800
2014 $3,166 $358,900 $133,100 $225,800
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

248-50 Simpson Ave #2 Ave Unit 2, Ocean City, NJ

This home is located at 248-50 Simpson Ave #2 Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $844,309, approximately $720 per square foot. 248-50 Simpson Ave #2 Ave Unit 2 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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