NOT LISTED FOR SALE

3548 Simpson Ave Unit 3548 Ocean City, NJ 08226

Estimated Value: $433,000 - $479,000

2 Beds
1 Bath
866 Sq Ft
1.05 Acres

Last Sold November 05, 2021

Last sale price $390,000 $450 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,556/month

Highlights

  • Wood Flooring
  • Furnished
  • Shades
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of November 2021

Opportunity awaits at this beautiful 2 bedroom, 1 bathroom, first floor unit conveniently located at the Four Seasons Condominiums. This unit was completely renovated and features hardwood flooring throughout, granite countertops, stainless steel appliances, bright open floor plan with eat-in-kitchen, laundry room within the unit, tiled bathroom, private rear walkway, front and rear porches for sunrise & sunset. Plenty of off-street parking and a common area storage unit. Park your car and walk to all the local shopping, restaurants, playground and beautiful Southend beaches. This unit comes mostly furnished with 2 sofa sleepers (minus personal effects). Make your showing appointment today!

Last Agent to Sell the Property

Bob King

BHHS FOX and ROACH-109 34th OC License #1224014 Listed on: 09/10/2021

BHHS FOX and ROACH-109 34th OC

Co-Listed By

Mark Grimes

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Curt Gasper

FOX REAL ESTATE-Asbury

FOX REAL ESTATE-Asbury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,135

Lot Details

  • 1.05

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,135

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished, Shades
  • Lvt Date: 09/10/2021
  • 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, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Laundromat On Site, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units, Window Units
  • Heating: 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: Association, Off-Site Professionals

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 5, 2021
Sold by
Lavert Joseph
Bought by
Schoenewald Joseph P and Schoenewald Mary K
Seller's Agent
Bob King
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Curt Gasper
FOX REAL ESTATE-Asbury
List Price
$370,000
Sold Price
$390,000
Premium/Discount to List
$20,000
5.41%
Current Estimated Value
$449,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,894
Avg. Annual Appreciation
3.69%
Original Mortgage
$378,300
Outstanding Balance
$346,743
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,151

Purchase Details

Closed on
Sep 9, 2005
Sold by
Mccormick James P
Bought by
Lavery Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 1999
Sold by
Mccormick James Z
Bought by
Cccormick James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,675
Interest Rate
6.78%

Purchase Details

Closed on
Jun 30, 1992
Sold by
Diaz Janet
Bought by
Mccormick James A and Mccormick Darlina P
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
Schoenewald Joseph P $390,000 None Available
Lavery Joseph $269,000 Congress Title Company
Cccormick James P $76,500 --
Mccormick James A $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoenewald Joseph P $378,300
Previous Owner Lavery Joseph $215,200
Previous Owner Cccormick James P $72,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $390,000 +5.4% $450 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $370,000 -- $427 / 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 $2,135 $190,300 $75,300 $115,000
2024 $2,135 $190,300 $75,300 $115,000
2023 $2,038 $190,300 $75,300 $115,000
2022 $1,958 $190,300 $75,300 $115,000
2021 $1,420 $190,300 $75,300 $115,000
2020 $1,861 $190,300 $75,300 $115,000
2019 $1,840 $190,300 $75,300 $115,000
2018 $1,823 $190,300 $75,300 $115,000
2017 $1,795 $190,300 $75,300 $115,000
2016 $1,726 $190,300 $75,300 $115,000
2015 $1,703 $190,300 $75,300 $115,000
2014 $1,678 $190,300 $75,300 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 555310

South Jersey Shore Regional MLS

APN: 08-03506-0000-00002-0000-C87