D
Seller's Agent in 2022
Domenic Ballerini
BERGER REALTY-Main
7 in this area
8 Total Sales
3303 Simpson Ave Unit 1 Ocean City, NJ 08226
Ocean City NeighborhoodEstimated Value: $756,908 - $861,000
3
Beds
2
Baths
--
Sq Ft
4,617
Sq Ft Lot
Highlights
- Wood Flooring
- Ground Level Unit
- Central Air
- Ocean City Primary School Rated A
- Kitchen Island
- 4-minute walk to Sand Castle Park
About This Home
As of August 2022This 1st Floor Beauty Features: 3 Large Bedrooms, 2 Full Baths, Spacious Living Room, Front & Rear Decks, Car Port with 4 Car Parking, Storage Room, and Hardwood Floors throughout the Great Room, Stairs, and Main Hall! Close to the Beach, Shopping, and local Playground... Truly a great location and Value!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,426
Year Built
- Built in 1996
Lot Details
- 4,617
Home Design
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
- Wood Flooring
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Carport
- Parking Pad
Location
- Ground Level Unit
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2022
Closed on
Aug 29, 2022
Sold by
Sina Ebadi
Bought by
Rae John J and Rae Carol M
Seller's Agent
Domenic Ballerini
BERGER REALTY-Main
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$699,999
Sold Price
$685,000
Premium/Discount to List
-$14,999
-2.14%
Total Days on Market
16
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,477
Avg. Annual Appreciation
8.61%
Original Mortgage
$548,000
Outstanding Balance
$527,360
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$328,086
Purchase Details
Closed on
Dec 5, 2015
Sold by
Farmer Steven and Farmer Sonda
Bought by
Ebadi Sina and Ebadi Mitra
Purchase Details
Closed on
Apr 21, 2009
Sold by
Us Bank National Association
Bought by
Farmer Steven and Farmer Sonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 1997
Sold by
O'Hagan J Michael
Bought by
Guerrera John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.76%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rae John J | $685,000 | -- | |
| Ebadi Sina | $37,500,000 | None Available | |
| Farmer Steven | $339,000 | Fidelity Natl Title Ins Co | |
| Guerrera John A | $149,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rae John J | $548,000 | |
| Previous Owner | Ebadi Sina | $235,000 | |
| Previous Owner | Farmer Steven | $271,200 | |
| Previous Owner | Guerrera John A | $393,750 | |
| Previous Owner | Guerrera John | $362,000 | |
| Previous Owner | Guerrera John A | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $685,000 | -2.1% | -- |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | For Sale | $699,999 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,426 | $394,500 | $216,200 | $178,300 |
| 2023 | $4,225 | $394,500 | $216,200 | $178,300 |
| 2022 | $4,059 | $394,500 | $216,200 | $178,300 |
| 2021 | $2,943 | $394,500 | $216,200 | $178,300 |
| 2020 | $3,858 | $394,500 | $216,200 | $178,300 |
| 2019 | $3,815 | $394,500 | $216,200 | $178,300 |
| 2018 | $3,779 | $394,500 | $216,200 | $178,300 |
| 2017 | $3,720 | $394,500 | $216,200 | $178,300 |
| 2016 | $3,578 | $394,500 | $216,200 | $178,300 |
| 2015 | $3,873 | $432,700 | $254,400 | $178,300 |
| 2014 | $3,816 | $432,700 | $254,400 | $178,300 |
Source: Public Records
Agents Affiliated with this Home
-
Domenic Ballerini
-
Michael Contino
Buyer's Agent in 2022
Michael Contino
BHHS Fox & Roach
(609) 335-9100
386 in this area
446 Total Sales
Map
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Source: South Jersey Shore Regional MLS
MLS Number: 564778
APN: 08-03305-0000-00006-0000-C1
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