NOT LISTED FOR SALE

3217 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,459,000 - $1,907,000

4 Beds
2.5 Baths
864 Sq Ft
$1,936/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $750,000 $868 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,578/month

4 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Patio
  • Ocean City Primary School Rated A
  • 1 Car Detached Garage
  • Home Security System

About This Home

As of September 2020

This charming single family home offers a spacious floor plan with 4 bedrooms and 2.5 bathrooms and features a newer kitchen with soapstone counter tops, newer flooring, a welcoming screened in porch and breathtaking back yard. This home is located on a 50 x 115 lot which allows for great outdoor living space, a rear deck and wonderful space for entertaining. Conveniently located just a short walk from the beach, stores, playground, basketball courts, tennis courts and more.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 08/10/2020

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Craig Troilo

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,530

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 50x115

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Screened Porch
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,530

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 08/10/2020
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Security System
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Deck, Outside Shower, Patio, Porch Screened, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage: One Car, Detached Garage
  • Parking Exterior: One 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: 50x115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 25, 2020
Sold by
Farrell Daniel and Farrell Patrice
Bought by
Baynes Michael and Baynes Bethanie
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Craig Troilo
Compass New Jersey-Ocean City (O463E)
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
$1,673,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,082
Avg. Annual Appreciation
17.05%
Original Mortgage
$600,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 11, 2015
Sold by
Fasy Andrew J and Bergman Fasy Kirsten J
Bought by
Farrell Daniel and Farrell Patrice
Seller's Agent
Kevin Redmond
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$417,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Sold by
Marino Bruno
Bought by
Fasy Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.85%

Purchase Details

Closed on
Apr 25, 1994
Sold by
Marino Bruno
Bought by
Marino Bruno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.6%

Purchase Details

Closed on
Oct 1, 1988
Sold by
Hampfel Edward
Bought by
Marino Bruno and Marino Rose
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
Baynes Michael $750,000 Freedom Title
Farrell Daniel $560,000 Freedom Title & Abstract Co
Fasy Andrew $149,000 --
Marino Bruno $68,000 --
Marino Bruno $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baynes Bethanie $1,500,000
Closed Baynes Michael $600,000
Previous Owner Marino Bruno $402,000
Previous Owner Farrell Daniel $417,000
Previous Owner Fasy Andrew J $330,000
Previous Owner Fasy Andrew $119,200
Previous Owner Marino Bruno $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $750,000 -6.1% $868 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $799,000 +42.7% $925 / Sq Ft
08/11/2015 08/11/15 Sold $560,000 0.0% $648 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $560,000 -- $648 / 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 $17,530 $1,562,400 $378,400 $1,184,000
2024 $17,530 $1,562,400 $378,400 $1,184,000
2023 $16,733 $1,562,400 $378,400 $1,184,000
2022 $5,624 $378,400 $378,400 $0
2021 $4,175 $559,600 $378,400 $181,200
2020 $5,473 $559,600 $378,400 $181,200
2019 $5,411 $559,600 $378,400 $181,200
2018 $5,361 $559,600 $378,400 $181,200
2017 $5,277 $559,600 $378,400 $181,200
2016 $5,076 $559,600 $378,400 $181,200
2015 $4,692 $524,300 $400,700 $123,600
2014 $4,624 $524,300 $400,700 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540377

South Jersey Shore Regional MLS

APN: 08-03205-0000-00006