NOT LISTED FOR SALE

52 Simpson Rd Ocean City, NJ 08226

Estimated Value: $1,129,000 - $1,422,000

-- Bed
-- Bath
-- Sq Ft
5,401 Sq Ft Lot

Last Sold May 20, 2016

Last sale price $378,000

Est. 246% increase in value since last sale

Current estimated payment $7,436/month

42 Days on Market

Highlights

  • Laundry Room
  • Dining Room
  • Baseboard Heating
  • Ocean City Primary School Rated A

About This Home

As of May 2016

2-Story duplex with two 3 Bed/1.5 Bath units. Both units offer an open layout with living room, dining area and kitchen with electric stove and dishwashers. Front porch, balcony and shed. This property is being sold As-Is at auction through HudsonandMarshall.com; auction dates are March 22-26.

Last Agent to Sell the Property

Jacqueline Andrews

CASA BELLA REALTORS Listed on: 02/29/2016

Last Buyer's Agent

HEIDI THOMPSON

GRACE REALTY License #1541421

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,131

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 45x120

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Asbestos Siding

Interior Spaces

  • Dining Room
  • Crawl Space
  • Storage In Attic
  • Storm Screens
  • Stove
  • Laundry Room

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,131

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 03/01/2016
  • Year Built: 1971
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Kitchen, Laundry/Utility Rm, Storage Attic

Exterior Features

  • Outside Features: Needs Work
  • Siding Exterior: Asbestos
  • Storm Screens: Combination

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 45x120

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
May 10, 2016
Sold by
U S Bank National Association
Bought by
Herbert David and Novasitis Heidi
Seller's Agent
Jacqueline Andrews
CASA BELLA REALTORS
Buyer's Agent
HEIDI THOMPSON
GRACE REALTY
List Price
$378,000
Sold Price
$378,000
Current Estimated Value
$1,306,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,193
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Jan 12, 2016
Sold by
Klein Daniel and Klein Elizabeth S
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 8, 2004
Sold by
Klein Elizabeth Shaw and Shaw Jean H
Bought by
Klein Daniel and Klein Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2000
Sold by
Davis Mildred J
Bought by
Klein Elizabeth Shaw and Shaw Jean H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,197
Interest Rate
7.83%
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
Herbert David $378,000 None Available
Us Bank Na -- None Available
Klein Daniel -- Surety Title Agency Of Atlan
Klein Elizabeth Shaw $274,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein Daniel $392,000
Previous Owner Klein Elizabeth Shaw $233,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $378,000 0.0% --
04/11/2016 04/11/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $378,000 -- --
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 $6,131 $546,400 $380,700 $165,700
2024 $6,131 $546,400 $380,700 $165,700
2023 $5,852 $546,400 $380,700 $165,700
2022 $5,622 $546,400 $380,700 $165,700
2021 $4,076 $546,400 $380,700 $165,700
2020 $5,344 $546,400 $380,700 $165,700
2019 $5,284 $546,400 $380,700 $165,700
2018 $5,235 $546,400 $380,700 $165,700
2017 $5,153 $546,400 $380,700 $165,700
2016 $4,956 $546,400 $380,700 $165,700
2015 $4,890 $546,400 $380,700 $165,700
2014 $4,819 $546,400 $380,700 $165,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jacqueline Andrews

    CASA BELLA REALTORS

    (609) 214-1094

    1 in this area

    143 Total Sales

    Jacqueline Andrews
    Section Image

  • H

    Buyer's Agent in 2016

    HEIDI THOMPSON

    GRACE REALTY

    (609) 408-3020

    HEIDI THOMPSON
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 463709

South Jersey Shore Regional MLS

APN: 08-00070-10-00020

New Jersey Cape May County Ocean City 08226

52 Simpson Rd, Ocean City, NJ

This home is located at 52 Simpson Rd, Ocean City, NJ 08226 since 29 February 2016 and is currently estimated at $1,306,193. This property was built in 1971. 52 Simpson Rd 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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