NOT LISTED FOR SALE

3506 Simpson Ave Ocean City, NJ 08226

Estimated Value: $344,000 - $419,000

1 Bed
1 Bath
-- Sq Ft
1.05 Acres

Last Sold January 29, 2021

Last sale price $219,900

Est. 66% increase in value since last sale

Current estimated payment $2,077/month

Highlights

  • Unit is on the top floor
  • Baseboard Heating
  • Dining Area
  • Ocean City Primary School Rated A
  • Laundry Facilities
  • 5-minute walk to 34th Street Park

About This Home

As of January 2021

Four Seasons! A great convenient complex to live in at the Shore in OC! Walking distance to shops, restaurants, recreation & most importantly the BEACH! Ride your bike to the Boards, the Community Center & Downtown! Take 34th St over the bridge to GSP & Mainland & More! This condo has been well maintained, freshly painted, carpets cleaned and more! Move In Ready! Year round or Summer this is an Ocean City Best Buy!

Last Agent to Sell the Property

ROBIN PARRIS

BHHS FOX and ROACH-109 34th OC Listed on: 12/18/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1968

Lot Details

  • 1.05

Parking

  • Parking Pad

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Blinds
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Unit is on the top floor

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, gas, hot water, heat
  • Four Seasons Condos

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,818

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Also Includes: Blinds
  • Lvt Date: 12/18/2020
  • Year Built: 1968
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Laundromat On Site, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Gas, Hot Water, Heat
  • Condo Name: Four Seasons
  • Management: Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 29, 2021
Sold by
Schaffer Gary and Schaffer Debbie
Bought by
Callahan John P
Seller's Agent
ROBIN PARRIS
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$364,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,385
Avg. Annual Appreciation
11.26%
Original Mortgage
$175,920
Outstanding Balance
$157,341
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,944

Purchase Details

Closed on
May 2, 2013
Sold by
Moran Steven P
Bought by
Schaffer Gary and Schaffer Debbie
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
Callahan John P $219,900 Misc Company
Schaffer Gary $127,500 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan John P $175,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $219,900 0.0% --
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $219,900 -- --
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 $1,818 $162,000 $70,800 $91,200
2024 $1,818 $162,000 $70,800 $91,200
2023 $1,735 $162,000 $70,800 $91,200
2022 $1,667 $162,000 $70,800 $91,200
2021 $1,209 $162,000 $70,800 $91,200
2020 $1,584 $162,000 $70,800 $91,200
2019 $1,567 $162,000 $70,800 $91,200
2018 $1,552 $162,000 $70,800 $91,200
2017 $1,528 $162,000 $70,800 $91,200
2016 $1,469 $162,000 $70,800 $91,200
2015 $1,450 $162,000 $70,800 $91,200
2014 $1,429 $162,000 $70,800 $91,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545568

South Jersey Shore Regional MLS

APN: 08-03506-0000-00002-0000-C68