NOT LISTED FOR SALE

2816 Simpson Ave Unit 18 Ocean City, NJ 08226

Estimated Value: $1,538,827 - $1,877,000

5 Beds
3.5 Baths
2,278 Sq Ft
$747/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $735,000 $323 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $9,645/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Great Room
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Screened Porch
  • Burglar Security System

About This Home

As of October 2012

Beautiful large single family home situated in a park like setting. Features 5 bedrooms and 3.5 tiled baths. Huge family room with gas fireplace. Eat-in kitchen formal dining and living rooms, screened porch. 1.5 car garage, 2 zone HVAC, alarm, irrigation system with separate meter, fully landscaped, plenty of parking and storage shed, outside shower and being sold furnished with exceptions. Easy to show.

Last Agent to Sell the Property

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City Listed on: 08/03/2012

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Joseph Babcock

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,366

Lot Details

  • 4,617

Home Design

  • Contemporary Architecture

Interior Spaces

  • Partially Furnished
  • Gas Log Fireplace
  • Great Room
  • Dining Room
  • Screened Porch
  • Storage

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Shed

Additional Features

  • Lot Dimensions are 40x115
  • Zoned Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,366

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Also Includes: Partially Furnished
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Interior Amenities: Kitchen Center Island, Storage
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Outside Shower, Porch Screened, Shed
  • Storm Screens: Screens

Utilities

  • Air Conditioner: Multi-Zoned

Lot Info

  • Lot Dimensions: 40x115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Oct 12, 2012
Sold by
Wolf Paul F and Wolf Ilse M
Bought by
Weaver James A and Lehn Linda J
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Joseph Babcock
BHHS FOX and ROACH-Simpson OC
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$1,701,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,207
Avg. Annual Appreciation
6.64%
Original Mortgage
$50,000
Outstanding Balance
$29,816
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,671,391

Purchase Details

Closed on
Jun 21, 1997
Sold by
Stoeco Delv Ltd
Bought by
Wolf Paul and Wolf Ilse
Source: Public Records

Range of Values:

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Average Value
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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
Weaver James A $735,000 Shore Title
Wolf Paul $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver James A $50,000
Open Weaver James A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $735,000 0.0% $323 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $735,000 -- $323 / Sq Ft
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 $8,366 $769,900 $293,600 $476,300
2024 $8,366 $745,600 $293,600 $452,000
2023 $7,985 $745,600 $293,600 $452,000
2022 $7,672 $745,600 $293,600 $452,000
2021 $7,493 $745,600 $293,600 $452,000
2020 $7,292 $745,600 $293,600 $452,000
2019 $7,210 $745,600 $293,600 $452,000
2018 $7,143 $745,600 $293,600 $452,000
2017 $7,031 $745,600 $293,600 $452,000
2016 $6,725 $741,500 $293,600 $447,900
2015 $6,636 $727,100 $293,600 $433,500
2014 $6,413 $727,100 $293,600 $433,500
Source: Public Records

Agents Affiliated with this Home

  • Francis Davish

    Seller's Agent in 2012

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    78 in this area

    122 Total Sales

    Francis Davish
    Section Image
  • Joseph Babcock

    Buyer's Agent in 2012

    Joseph Babcock

    BHHS Fox & Roach

    (609) 513-2519

    27 in this area

    30 Total Sales

    Joseph Babcock
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 398788

South Jersey Shore Regional MLS

APN: 08-02806-0000-00017

New Jersey Cape May County Ocean City 08226

2816 Simpson Ave Unit 18, Ocean City, NJ

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