NOT LISTED FOR SALE

2917 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,346,247 - $1,716,000

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

Last Sold January 17, 2017

Last sale price $705,000

Est. 113% increase in value since last sale

Current estimated payment $8,502/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Den
  • Ocean City Primary School Rated A
  • Furnished
  • Shades

About This Home

As of January 2017

Move in ready cape cod that is designed with the family in mind. Located on a quiet street with a neighborhood feel, this home is larger that you would think because of the large addition that expanded the second floor. The first floor has a comfortable living room, dining area, nice kitchen with granite counter tops and stainless steel appliances. There is a den that could be used as a fifth bedroom with a full third bath, as well. Other features include a lovely front porch, a large, private rear deck with two ceiling fans, a laundry/heater room that provides access to an attached garage. The second floor has 4 large bedrooms that must be seen, a hall bath, and a beautiful master bath. The property also has vinyl siding, Andersen windows, a wonderful outside enclosed beach shower, gas heat, central air and is being sold with most furnishings included. Call now!

Last Agent to Sell the Property

Michael Hoffman

MARR AGENCY License #SB-7815053 Listed on: 11/21/2016

Last Buyer's Agent

Kevin Decosta

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,586

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 40' x 115'
  • Sprinkler System

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Blinds
  • Dining Area
  • Den
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,586

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 25+ Years
  • Also Includes: Blinds, Furnished, Shades
  • Lvt Date: 11/21/2016
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40' x 115'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 13, 2017
Sold by
Young Scott A and Young Margaret P
Bought by
Mcpeak Brian and Mcpeak Mary Agnes
Seller's Agent
Michael Hoffman
MARR AGENCY
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,500,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,062
Avg. Annual Appreciation
9.02%
Original Mortgage
$525,000
Outstanding Balance
$416,379
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,083,683

Purchase Details

Closed on
Jan 4, 1999
Sold by
Gallos Richard
Bought by
Young Scott and Young Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.8%

Purchase Details

Closed on
May 24, 1991
Sold by
Rossman Gary D and Rossman Myrtle R
Bought by
Gallos Richard J and Gallos Dorothy S
Source: Public Records

Range of Values:

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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
Mcpeak Brian $705,000 None Available
Young Scott $229,000 --
Gallos Richard J $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpeak Brian $525,000
Previous Owner Young Scott $183,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2017 01/17/17 Sold $705,000 0.0% --
12/02/2016 12/02/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $705,000 -- --
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 $6,586 $587,000 $293,600 $293,400
2024 $6,586 $587,000 $293,600 $293,400
2023 $6,287 $587,000 $293,600 $293,400
2022 $6,040 $587,000 $293,600 $293,400
2021 $4,034 $587,000 $293,600 $293,400
2020 $5,741 $587,000 $293,600 $293,400
2019 $5,676 $587,000 $293,600 $293,400
2018 $5,623 $587,000 $293,600 $293,400
2017 $5,031 $533,500 $293,600 $239,900
2016 $4,839 $533,500 $293,600 $239,900
2015 $4,775 $533,500 $293,600 $239,900
2014 $4,705 $533,500 $293,600 $239,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Hoffman

    Seller's Agent in 2017

    Michael Hoffman

    MARR AGENCY

    (609) 432-8890

    23 in this area

    30 Total Sales

    Michael Hoffman
    Section Image
  • Kevin Decosta

    Buyer's Agent in 2017

    Kevin Decosta

    BHHS Fox & Roach

    (609) 602-2627

    76 in this area

    90 Total Sales

    Kevin Decosta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 478117

South Jersey Shore Regional MLS

APN: 08-02905-0000-00008

New Jersey Cape May County Ocean City 08226

2917 Simpson Ave, Ocean City, NJ

This home is located at 2917 Simpson Ave, Ocean City, NJ 08226 since 21 November 2016 and is currently estimated at $1,500,062. This property was built in 1987. 2917 Simpson Ave 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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