NOT LISTED FOR SALE

3303 Simpson Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $774,096 - $970,000

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

Last Sold December 15, 2015

Last sale price $375,000

Est. 132% increase in value since last sale

Current estimated payment $5,002/month

186 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Laundry Room
  • Ocean City Primary School Rated A
  • Great Room
  • 4-minute walk to Sand Castle Park

About This Home

As of December 2015

"Best Buy" 3 Bedroom 2 Bath Condo on Simpson! This 1st Floor Beauty Features: 3 Large Bedrooms, 2 Full Baths, Spacious Great Room, Updated Kitchen and Appliances, Front & Rear Decks, Newer C/A, Gas Heat, Car Port with 4 Car Parking, Storage Room, Hardwood Floors in Great Room, Stairs & Hallway, Close to Beach, Shopping, Playground... Great Location! Great Property! Great Value! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 04/15/2015

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

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

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Parking Pad

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

$4,426

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • Year Built: 1996
  • Age: 16 To 20 Years
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Parking Pad, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • 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), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Sina Ebadi
Bought by
Rae John J and Rae Carol M
Current Estimated Value
$870,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$523,759
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$346,515

Purchase Details

Listed on
Apr 15, 2015
Closed on
Dec 5, 2015
Sold by
Farmer Steven and Farmer Sonda
Bought by
Ebadi Sina and Ebadi Mitra
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rae John J $685,000 --
Rae John J $685,000 None Listed On Document
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
Closed Rae John J $548,000
Previous Owner Farmer Steven $271,200
Previous Owner Guerrera John A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2015 12/15/15 Sold $375,000 0.0% --
10/18/2015 10/18/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $375,000 -- --
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 $4,426 $394,500 $216,200 $178,300
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

  • Michael Contino

    Seller's Agent in 2015

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
    Section Image

  • A

    Buyer's Agent in 2015

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 446554

South Jersey Shore Regional MLS

APN: 08-03305-0000-00006-0000-C1

New Jersey Cape May County Ocean City 08226

3303 Simpson Ave Unit 1st Floor, Ocean City, NJ

This home is located at 3303 Simpson Ave Unit 1st Floor, Ocean City, NJ 08226 since 15 April 2015 and is currently estimated at $870,274. This property was built in 1996. 3303 Simpson Ave Unit 1st 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes