NOT LISTED FOR SALE

3232 Simpson Ave Unit 34 Ocean City, NJ 08226

Estimated Value: $1,559,000 - $2,634,000

6 Beds
4.5 Baths
1,102 Sq Ft
$1,832/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,849,900 $1,679 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,929/month

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • 5-minute walk to Sand Castle Park

About This Home

As of July 2022

The one that has it all! Wow is the only word to describe this massive, unique Single family home with all the bells and whistles! Situated on an oversized 50 X 115, this home will feature 6 bedrooms, 4 full baths and powder room. Plenty of room for the whole family in the spacious living room with gas fireplace & dining area, family room, sitting area, covered porch and decks galore to choose from to enjoy your morning coffee, a great Summer read or a game of cards with friends! Gourmet kitchen with center island, top of the line appliances, lots of prep space, plenty of natural light and more! Elevator for easy travel between floors, and to your 3rd fl master suite sanctuary with master bath, walk in closets and privacy. Mudroom with washer/dryer, cabinets for extra storage and plenty of time to customize your color pallet & make selections to enhance this home. Fitted with 2 car garage, additional ample parking, manicured grounds and all in a neighborhood close by to shops & stores. Perfect spot for your round enjoyment or a custom home away from home. Entertaining your friends and family will be a breeze!

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 07/27/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,200

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 50 x 115

Parking

  • 2 Car Attached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,200

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • Lvt Date: 07/27/2021
  • New Construction: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Paved Road, Sidewalks
  • Siding Exterior: Aluminum

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50 X 115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jul 1, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Cortese Michael and Cortese Kellyanne
Seller's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$1,849,900
Sold Price
$1,849,900
Current Estimated Value
$2,018,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,916
Avg. Annual Appreciation
2.71%
Original Mortgage
$1,479,920
Outstanding Balance
$1,408,097
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$610,719

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 23, 2021
Sold by
Clayton Ralph and Clayton Susan E
Bought by
V2 Prop Entity 7 Llc
Seller's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.91%
Original Mortgage
$1,059,700
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2007
Sold by
Jaxheimer William H
Bought by
Clayton Susan E and Clayton Ralph

Purchase Details

Closed on
Jul 12, 1993
Sold by
Haxheimer Hilda B
Bought by
Jaxheimer,Life Est Of Hilda & Wm
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
Cortese Michael $1,849,900 Teitler Avery S
Cortese Michael $1,849,900 Teitler Avery S
V2 Prop Entity 7 Llc $715,000 Freedom Title
Clayton Susan E $500,000 None Available
Jaxheimer,Life Est Of Hilda & Wm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortese Michael $1,479,920
Closed Cortese Michael $1,479,920
Previous Owner V2 Prop Entity 7 Llc $1,059,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $1,849,900 0.0% $1,679 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,849,900 +158.7% $1,679 / Sq Ft
07/23/2021 07/23/21 Sold $715,000 -4.7% $649 / Sq Ft View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $750,000 -- $681 / 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 $14,200 $1,265,600 $378,400 $887,200
2024 $14,200 $1,265,600 $378,400 $887,200
2023 $13,555 $1,265,600 $378,400 $887,200
2022 $3,894 $378,400 $378,400 $0
2021 $4,734 $471,000 $378,400 $92,600
2020 $4,606 $471,000 $378,400 $92,600
2019 $4,555 $471,000 $378,400 $92,600
2018 $4,512 $471,000 $378,400 $92,600
2017 $4,442 $471,000 $378,400 $92,600
2016 $4,272 $471,000 $378,400 $92,600
2015 $4,415 $493,300 $400,700 $92,600
2014 $4,351 $493,300 $400,700 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553546

South Jersey Shore Regional MLS

APN: 08-03206-0000-00021