NOT LISTED FOR SALE

3540 Simpson Ave Ocean City, NJ 08226

Estimated Value: $316,585 - $446,000

1 Bed
1 Bath
-- Sq Ft
1.05 Acres

Last Sold October 11, 2019

Last sale price $200,000

Est. 85% increase in value since last sale

Current estimated payment $2,035/month

22 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Laundry Room
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of October 2019

Dreaming of owning a Beach House in OC? This Delightful 1st Floor open & airy unit is just what you are looking for! Hardwood Flrs thoughout! Roomy Living & Dining Areas! Kitchen w/Ctr Seating! Sizable Bedroom! Tile Bath! AND a Full Sized Washer & Dryer in the unit! Located across from the Ballpark & walking distance to Beautiful Beaches, Shopping, Restaurants, 34th St Playground & Tennis Courts! Quiet complex with only long term tenancy! Pets permitted! Owner pays electric and cable! Reasonable condo fee covers heat, water, sewer, maintenance & insurances! Assigned parking! Storage for beach chairs & more! Enjoy Any and All Seasons at Four Seasons!

Last Agent to Sell the Property

ROBIN PARRIS

BHHS FOX and ROACH-109 34th OC Listed on: 08/14/2019

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

ROBIN PARRIS

BHHS FOX and ROACH-109 34th OC Listed on: 08/14/2019

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $939

Year Built

  • Built in 1968

Lot Details

  • 1.05

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Ground Level Unit

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 amenities, insurance, maintenance, management, sewer, trash, water, gas, hot water
  • Four Seasons Condos

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$939

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 08/15/2019
  • Year Built: 1968
  • Age: 25+ 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Laundromat On Site, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Gas, Hot Water
  • Condo Name: Four Seasons
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2002
Sold by
Dearnaley Carolyn
Bought by
Schaffer Gary G and Schaffer Deborah
Current Estimated Value
$370,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Outstanding Balance
$67,993
Interest Rate
7.04%
Estimated Equity
$302,153

Purchase Details

Closed on
Feb 20, 1998
Sold by
Cunicelli Elizabeth A
Bought by
Dearnaley Carolyn
Source: Public Records

Range of Values:

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Average Value
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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
Schaffer Gary G $112,500 --
Dearnaley Carolyn $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Gary G $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $200,000 -2.4% --
09/05/2019 09/05/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $205,000 -- --
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 $939 $83,700 $34,300 $49,400
2024 $939 $83,700 $34,300 $49,400
2023 $896 $83,700 $34,300 $49,400
2022 $861 $83,700 $34,300 $49,400
2021 $841 $83,700 $34,300 $49,400
2020 $819 $83,700 $34,300 $49,400
2019 $1,685 $174,200 $70,800 $103,400
2018 $1,669 $174,200 $70,800 $103,400
2017 $1,643 $174,200 $70,800 $103,400
2016 $1,580 $174,200 $70,800 $103,400
2015 $1,559 $174,200 $70,800 $103,400
2014 $1,536 $174,200 $70,800 $103,400
Source: Public Records

Agents Affiliated with this Home

  • ROBIN PARRIS

    Seller's Agent in 2019

    ROBIN PARRIS

    BHHS Fox & Roach

    (609) 425-2804

    10 in this area

    35 Total Sales

    ROBIN PARRIS
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 526550

South Jersey Shore Regional MLS

APN: 08-03506-0000-00002-0000-C83

New Jersey Cape May County Ocean City 08226

3540 Simpson Ave, Ocean City, NJ

This home is located at 3540 Simpson Ave, Ocean City, NJ 08226 since 14 August 2019 and is currently estimated at $370,146. This property was built in 1968. 3540 Simpson Ave 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.

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