NOT LISTED FOR SALE

3105 Simpson Ave Unit 1 (first floor) Ocean City, NJ 08226

Estimated Value: $992,000 - $1,160,000

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

Last Sold May 24, 2022

Last sale price $879,000

Est. 21% increase in value since last sale

Current estimated payment $6,138/month

Highlights

  • Main Floor Bedroom
  • Ground Level Unit
  • Entrance Foyer
  • Ocean City Primary School Rated A
  • Great Room
  • Bathroom on Main Level

About This Home

As of May 2022

BEST DEAL ON THE MARKET!!! Opportunity for a first floor four bedroom in Ocean City close to the beach to use or rent for this 2022 Spring and Summer season! Offers a chance for you to get in this fast paced market that keeps going up and up! Boasts a light and bright stylish great room and renovated newer kitchen with Quartz countertops and center island, higher ceilings, gas fireplace, light bamboo hardwood flooring, new carpets in the bedrooms, linen closet for extra beach towels and washer/dryer in hallway, master bedroom with private bathroom with double vanity. AC and Heater five years young. Front porch, rear deck, garage for bikes and beach chairs, extra storage/utility room off garage, ample off-street parking and outdoor shower. Furniture negotiable. This shore getaway at the beach close to the start of the Southend of Ocean City offers great entertaining space that makes the perfect fit for everyone so friends and family can vacation in Ocean City and wonderful outdoor space as well to sit and relax sipping your morning coffee and enjoying the evening outdoor beach breeze! Don't wait on this one!

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 03/28/2022

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Sam Lepore

KELLER WILLIAMS REALTY-Moorestown

KELLER WILLIAMS REALTY-Moorestown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 2002

Lot Details

  • 4,617

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,735

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 03/28/2022
  • Year Built: 2002
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Great Room

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Foyer, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 25, 2022
Sold by
Zavitz David J and Zavitz Jacqueline E
Bought by
Horwath Joseph and Horwath Stephanie
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Sam Lepore
KELLER WILLIAMS REALTY-Moorestown
List Price
$879,000
Sold Price
$879,000
Current Estimated Value
$1,067,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,443
Avg. Annual Appreciation
5.90%
Original Mortgage
$711,200
Outstanding Balance
$691,353
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$376,090

Purchase Details

Closed on
Oct 26, 2012
Sold by
Murphy William W and Murphy Suzanne V
Bought by
Zavitz David J and Zavitz Jacqueline E

Purchase Details

Closed on
Dec 12, 2001
Sold by
Morello Thomas
Bought by
Murphy William W and Murphy Suzanne V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.72%
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
Horwath Joseph $889,000 Infinity Title
Horwath Joseph $889,000 Infinity Title
Zavitz David J $477,500 None Available
Murphy William W $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwath Joseph $711,200
Closed Horwath Joseph $711,200
Previous Owner Murphy William W $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $879,000 0.0% --
04/28/2022 04/28/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $879,000 -- --
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 $5,735 $511,100 $216,200 $294,900
2024 $5,735 $511,100 $216,200 $294,900
2023 $5,474 $511,100 $216,200 $294,900
2022 $4,636 $461,300 $216,200 $245,100
2021 $3,441 $461,300 $216,200 $245,100
2020 $4,512 $461,300 $216,200 $245,100
2019 $4,461 $461,300 $216,200 $245,100
2018 $4,419 $461,300 $216,200 $245,100
2017 $4,350 $461,300 $216,200 $245,100
2016 $4,184 $461,300 $216,200 $245,100
2015 $4,367 $487,900 $254,400 $233,500
2014 $4,303 $487,900 $254,400 $233,500
Source: Public Records

Agents Affiliated with this Home

  • Ashley Franchini

    Seller's Agent in 2022

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    5 in this area

    196 Total Sales

    Ashley Franchini
    Section Image
  • Sam Lepore

    Buyer's Agent in 2022

    Sam Lepore

    KELLER WILLIAMS REALTY-Moorestown

    (856) 297-6827

    6 in this area

    653 Total Sales

    Sam Lepore
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561120

South Jersey Shore Regional MLS

APN: 08-03105-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

3105 Simpson Ave Unit 1 (first floor), Ocean City, NJ

This home is located at 3105 Simpson Ave Unit 1 (first floor), Ocean City, NJ 08226 since 28 March 2022 and is currently estimated at $1,067,443. This property was built in 2002. 3105 Simpson Ave Unit 1 (first floor) 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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