NOT LISTED FOR SALE

3572 Simpson Ave Ocean City, NJ 08226

Estimated Value: $421,000 - $587,000

2 Beds
2 Baths
866 Sq Ft
1.05 Acres

Last Sold November 14, 2014

Last sale price $225,000 $260 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,751/month

62 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Building Patio

About This Home

As of November 2014

Purchased empty in 2007. Quiet area with abundant parking Unit now completely furnished and decorated. Being sold with most furnishings. Kitchen boosts five burner range with self cleaning oven, dual zone dishwasher, under the cabinet lighting with driftwood colored cabinets. Living overlooks the marsh where you can view island birds. Bathroom tiled in shower to the ceiling. Powder room has glass sink, basketweave ceramic floor. Master, lighting remotely controlled. Ceiling fans controlled by rem

Last Agent to Sell the Property

RAYMOND ELIAS, SR

Compass New Jersey-Ocean City (O463E) License #0232888 Listed on: 08/15/2014

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Kevin Richards

Compass New Jersey-Ocean City (O463E) License #1221273

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,161

Lot Details

  • 1.05

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Carpet
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

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

Amenities

  • Building Patio
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,161

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Primary Br On 1st Floor
  • Common Area Features: Laundromat On Site, Patio, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Nov 14, 2014
Sold by
Reid Fredric J and Reid Almira J
Bought by
Steel Richard H and Steel Anne M
Seller's Agent
RAYMOND ELIAS, SR
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Kevin Richards
Compass New Jersey-Ocean City (O463E)
List Price
$225,000
Sold Price
$225,000
Total Days on Market
62
Current Estimated Value
$471,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,852
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Booth Janice P
Bought by
Reid Fredric J and Reid Almira J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,455
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2004
Sold by
Nixon Doris
Bought by
Booth Janice P

Purchase Details

Closed on
Oct 21, 1999
Sold by
Irons Elizabeth P
Bought by
Nixon Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.78%
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
Steel Richard H $275,000 Surety Title
Reid Fredric J $228,900 Mutual Title Agency
Booth Janice P $229,900 --
Booth Janice P $229,900 The Title Company Of Jersey
Nixon Doris $77,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Fredric J $207,000
Previous Owner Reid Fredric J $217,455
Previous Owner Nixon Doris $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $225,000 0.0% $260 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $225,000 -- $260 / 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 $2,161 $192,600 $75,300 $117,300
2024 $2,161 $192,600 $75,300 $117,300
2023 $2,063 $192,600 $75,300 $117,300
2022 $1,982 $192,600 $75,300 $117,300
2021 $1,437 $192,600 $75,300 $117,300
2020 $1,884 $192,600 $75,300 $117,300
2019 $1,862 $192,600 $75,300 $117,300
2018 $1,845 $192,600 $75,300 $117,300
2017 $1,816 $192,600 $75,300 $117,300
2016 $1,747 $192,600 $75,300 $117,300
2015 $1,724 $192,600 $75,300 $117,300
2014 -- $192,600 $75,300 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 434149

South Jersey Shore Regional MLS

APN: 08-03506-0000-00002-0000-C99