NOT LISTED FOR SALE

2941 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,296,990 - $1,546,000

3 Beds
2.5 Baths
1,992 Sq Ft
$719/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $749,000 $376 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,141/month

3 Days on Market

Highlights

  • Deck
  • Great Room
  • Porch
  • Ocean City Primary School Rated A
  • Shades
  • 1 Car Attached Garage

About This Home

As of January 2020

Beautiful turn-key single family home you have been waiting for….This amazing two story home has been completely redone inside and out over the past 2 years. The first floor features an open floor plan with great room, bedroom, kitchen with center island, s/s appliances, quartz counter tops & powder room. Just off the dining area is direct access to a large relaxing porch to enjoy all times of the day/night. The second floor features a huge master bedroom with walk-in closet, double sink vanity, tiled shower and additional space for use as an office or den. There are front decks on the first and second floors, 1 car attached garage with concrete parking pad for 2 additional parking spaces and an outside shower. Come be a part of this great neighborhood, close to all the 34th street shopping, playground, bird sanctuary, golf course, and of course the beautiful beaches. Make this your primary home or Summer vacation getaway.

Last Agent to Sell the Property

Bob King

BHHS FOX and ROACH-109 34th OC License #1224014 Listed on: 11/07/2019

BHHS FOX and ROACH-109 34th OC

Co-Listed By

Mark Grimes

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Nick Marotta

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 40 x 115
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

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

$6,618

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Partially Furnished, Rugs, Shades
  • Lvt Date: 11/07/2019
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Great Room, Laundry/Utility Room, Pantry

Exterior Features

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

Garage/Parking

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

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • 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 7, 2019
Closed on
Jan 6, 2020
Sold by
Tesauro Susan
Bought by
Corsaro Michael and Corsaro Maria
Seller's Agent
Bob King
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Nick Marotta
BHHS FOX and ROACH-Simpson OC
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,431,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,498
Avg. Annual Appreciation
11.88%
Original Mortgage
$599,200
Outstanding Balance
$529,417
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$902,081

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jul 19, 2016
Sold by
Prickitt David R
Bought by
Tesauro Richard and Tesauro Susan
Seller's Agent
Kevin Halliday
BERGER REALTY-A
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$48,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Estate Of Morris R Prickitt
Bought by
Prickitt Rita S

Purchase Details

Closed on
Dec 1, 1997
Sold by
Mclaughlin James E
Bought by
Prickett Morris R and Prickett Rita S

Purchase Details

Closed on
Nov 1, 1994
Sold by
Staeco Dev Ltd
Bought by
Mclaughlin James E and Mclaughlin Dorothy

Purchase Details

Closed on
Sep 20, 1989
Sold by
Young Robert and Young Dorothy
Bought by
Stoece Development Ltd

Purchase Details

Closed on
Oct 2, 1988
Sold by
Young Robert and Young Dorothy
Bought by
Atlantic City Electric Co
Source: Public Records

Range of Values:

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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
Corsaro Michael $749,000 None Available
Tesauro Richard $485,000 None Available
Prickitt Rita S -- None Available
Prickett Morris R $240,000 --
Mclaughlin James E $167,000 --
Stoece Development Ltd $167,000 --
Atlantic City Electric Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corsaro Michael $599,200
Previous Owner Tesauro Richard $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2020 01/08/20 Sold $749,000 0.0% $376 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $749,000 +54.4% $376 / Sq Ft
07/30/2016 07/30/16 Sold $485,000 0.0% $243 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $485,000 -- $243 / 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 $6,618 $589,800 $293,600 $296,200
2024 $6,618 $589,800 $293,600 $296,200
2023 $6,317 $589,800 $293,600 $296,200
2022 $6,069 $589,800 $293,600 $296,200
2021 $5,927 $589,800 $293,600 $296,200
2020 $4,953 $506,400 $293,600 $212,800
2019 $4,897 $506,400 $293,600 $212,800
2018 $4,851 $506,400 $293,600 $212,800
2017 $4,775 $506,400 $293,600 $212,800
2016 $4,593 $506,400 $293,600 $212,800
2015 $4,532 $506,400 $293,600 $212,800
2014 $4,466 $506,400 $293,600 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Bob King

    Seller's Agent in 2020

    Bob King

    BHHS Fox & Roach

    (609) 350-8030

    6 in this area

    9 Total Sales

    Bob King
    Section Image
  • Mark Grimes

    Seller Co-Listing Agent in 2020

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
  • Nick Marotta

    Buyer's Agent in 2020

    Nick Marotta

    BHHS Fox & Roach

    (609) 412-0141

    18 in this area

    23 Total Sales

    Nick Marotta
    Section Image
  • Kevin Halliday

    Seller's Agent in 2016

    Kevin Halliday

    BERGER REALTY-A

    (609) 425-7423

    59 in this area

    63 Total Sales

    Kevin Halliday
    Section Image
  • Colin Halliday

    Seller Co-Listing Agent in 2016

    Colin Halliday

    BERGER REALTY-D

    (609) 335-6702

    46 in this area

    48 Total Sales

    Colin Halliday
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 530272

South Jersey Shore Regional MLS

APN: 08-02905-0000-00002

New Jersey Cape May County Ocean City 08226

2941 Simpson Ave, Ocean City, NJ

This home is located at 2941 Simpson Ave, Ocean City, NJ 08226 since 07 November 2019 and is currently estimated at $1,431,498, approximately $718 per square foot. This property was built in 1987. 2941 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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