NOT LISTED FOR SALE

5300 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,000,000 - $1,181,818

5 Beds
2 Baths
1,506 Sq Ft
$742/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $875,000 $581 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,395/month

Highlights

  • Main Floor Bedroom
  • Patio
  • Fenced
  • Ocean City Primary School Rated A
  • Storage
  • Heating Available

About This Home

As of October 2021

Stunning single-family home located on large corner lot. This renovated 5 bedroom, 2 full bath home features an open floor plan with grand living room and spacious eat-in kitchen, perfect to entertain. Close to beach and playground. This property truly captures outdoor living with plenty of areas to lounge, front deck, rear covered patio, outside shower and shed + storage, all secured by a brand new fence. This home is being offered fully furnished!

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 08/31/2021

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

CHARLES (BUD) RINCK

FOX REAL ESTATE-Asbury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,613

Lot Details

  • Lot Dimensions are 79 x 65
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,613

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 08/31/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Interior Amenities: Storage, Smoke/Fire Alarm
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 2
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Outside Features: Fenced Yard, Patio
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Window Units, Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 79 x 65
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 29, 2021
Sold by
Bird Brandon W and Bird Michael A
Bought by
Fehrle Janeann and Rivkind David B
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
CHARLES (BUD) RINCK
FOX REAL ESTATE-Asbury
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,117,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,955
Avg. Annual Appreciation
6.40%
Original Mortgage
$548,250
Outstanding Balance
$501,604
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$616,351

Purchase Details

Listed on
Sep 23, 2018
Closed on
Dec 31, 2018
Sold by
Gorham David S and Gorham Christine
Bought by
Bird Brandon W and Bird Michael A
Seller's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.83%
Original Mortgage
$412,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2014
Sold by
Gorham Christine
Bought by
Gorham David S and Gorham Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Esposito David A
Bought by
Gorham Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Armstrong Robert J
Bought by
Bachich Joseph and Bachich Astrid
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
Fehrle Janeann $875,000 None Available
Bird Brandon W $550,000 --
Gorham David S -- Foundation Title Llc
Gorham Christine $240,000 --
Bachich Joseph $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fehrle Janeann $548,250
Previous Owner Bird Brandon W $412,500
Previous Owner Gorham David S $410,000
Previous Owner Gorham Christine $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $875,000 0.0% $581 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $875,000 +59.1% $581 / Sq Ft
12/31/2018 12/31/18 Sold $550,000 0.0% $365 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
11/24/2018 11/24/18 Price Changed $550,000 -2.7% $365 / Sq Ft
11/21/2018 11/21/18 Price Changed $565,000 +2.7% $375 / Sq Ft
11/05/2018 11/05/18 Price Changed $550,000 -2.7% $365 / Sq Ft
10/12/2018 10/12/18 Price Changed $565,000 -1.7% $375 / Sq Ft
09/23/2018 09/23/18 For Sale $575,000 -- $382 / 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 $5,613 $500,300 $346,400 $153,900
2024 $5,613 $500,300 $346,400 $153,900
2023 $5,358 $500,300 $346,400 $153,900
2022 $5,148 $500,300 $346,400 $153,900
2021 $5,028 $500,300 $346,400 $153,900
2020 $4,893 $500,300 $346,400 $153,900
2019 $4,471 $462,400 $346,400 $116,000
2018 $4,430 $462,400 $346,400 $116,000
2017 $4,360 $462,400 $346,400 $116,000
2016 $3,997 $440,700 $346,400 $94,300
2015 $3,944 $440,700 $346,400 $94,300
2014 $3,887 $381,200 $346,400 $34,800
Source: Public Records

Agents Affiliated with this Home

  • Burton Wilkins

    Seller's Agent in 2021

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    90 in this area

    186 Total Sales

    Burton Wilkins
    Section Image
  • CHARLES (BUD) RINCK

    Buyer's Agent in 2021

    CHARLES (BUD) RINCK

    FOX REAL ESTATE-Asbury

    (609) 442-1291

    19 in this area

    40 Total Sales

    CHARLES (BUD) RINCK
    Section Image
  • Nicole Presnall

    Seller's Agent in 2018

    Nicole Presnall

    BHHS Fox & Roach

    (609) 827-3119

    68 in this area

    101 Total Sales

    Nicole Presnall
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2018

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    157 in this area

    503 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554912

South Jersey Shore Regional MLS

APN: 08-05306-0000-00001

New Jersey Cape May County Ocean City 08226

5300 Simpson Ave, Ocean City, NJ

This home is located at 5300 Simpson Ave, Ocean City, NJ 08226 since 31 August 2021 and is currently estimated at $1,117,955, approximately $742 per square foot. 5300 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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