NOT LISTED FOR SALE

3132 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $947,000 - $1,127,000

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

Last Sold April 13, 2018

Last sale price $505,000

Est. 100% increase in value since last sale

Current estimated payment $5,786/month

183 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Ground Level Unit
  • Workshop
  • Ocean City Primary School Rated A
  • Great Room
  • 1 Car Attached Garage

About This Home

As of April 2018

Immaculate, pristine, perfect, move in condition, you name it. This wonderful 4 Bedroom, 2 Bath, one owner, beautifully maintained unit has never been rented and only used as a second home. The building is totally maintenance free and looks like new in an awesome quiet Goldcoast neighborhood. Quick island access and close to Ocean City's best beaches, stores, supermarkets, playground, tennis courts, restaurants, and all the Seashore attractions. The building is on a spacious lot with a lot of off street parking. There is a large attached garage and a separate storage room / workshop, and outside shower. Located on one of the higher elevations on Simpson, hurricane flooding didn't get near this home. This awesome 1st floor is priced to sell quickly, and ready to move in. SELLER IS OFFERING A COMPREHENSIVE 2/10 HOMEBUYERS WARRANTY

Last Agent to Sell the Property

Rick Adams

MONIHAN REALTY Listed on: 09/11/2017

Co-Listed By

MARILYN BOOTH ADAMS

MONIHAN REALTY

Last Buyer's Agent

JACK ZABOROWSKI

eXp Realty - Ocean City S382K

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 2000

Lot Details

  • 4,617

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Workshop
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,128

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment
  • Lvt Date: 09/12/2017
  • Year Built: 2000
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry, Workshop, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars, Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Apr 13, 2018
Sold by
Mullin Michael and Mullin Paula J
Bought by
Wells Jonathan A and Wells Donna J
Seller's Agent
Rick Adams
MONIHAN REALTY
Buyer's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
List Price
$531,000
Sold Price
$505,000
Premium/Discount to List
-$26,000
-4.9%
Current Estimated Value
$1,010,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,843
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Oct 13, 2000
Sold by
Morello Thomas
Bought by
Mullin Michael and Mullin Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,100
Interest Rate
7.83%
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
Wells Jonathan A $505,000 --
Mullin Michael $273,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullin Michael $219,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $505,000 -3.8% --
03/13/2018 03/13/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $525,000 -1.1% --
09/11/2017 09/11/17 For Sale $531,000 -- --
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 $5,128 $457,000 $216,200 $240,800
2024 $5,128 $457,000 $216,200 $240,800
2023 $4,894 $457,000 $216,200 $240,800
2022 $4,593 $457,000 $216,200 $240,800
2021 $4,469 $457,000 $216,200 $240,800
2020 $4,469 $457,000 $216,200 $240,800
2019 $4,419 $457,000 $216,200 $240,800
2018 $4,378 $457,000 $216,200 $240,800
2017 $4,310 $457,000 $216,200 $240,800
2016 $4,145 $457,000 $216,200 $240,800
2015 $4,329 $483,700 $254,400 $229,300
2014 $4,266 $483,700 $254,400 $229,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick Adams

    MONIHAN REALTY

    (609) 602-0684

    16 in this area

    22 Total Sales

    Rick Adams
    Section Image
  • MARILYN BOOTH ADAMS

    Seller Co-Listing Agent in 2018

    MARILYN BOOTH ADAMS

    MONIHAN REALTY

    (609) 602-1509

    11 in this area

    27 Total Sales

    MARILYN BOOTH ADAMS
    Section Image
  • JACK ZABOROWSKI

    Buyer's Agent in 2018

    JACK ZABOROWSKI

    eXp Realty - Ocean City S382K

    (609) 602-7140

    23 in this area

    68 Total Sales

    JACK ZABOROWSKI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 493908

South Jersey Shore Regional MLS

APN: 08-03106-0000-00020-0000-C1

New Jersey Cape May County Ocean City 08226

3132 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 3132 Simpson Ave Unit 1, Ocean City, NJ 08226 since 11 September 2017 and is currently estimated at $1,010,843. This property was built in 2000. 3132 Simpson Ave Unit 1 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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