NOT LISTED FOR SALE

5325 Simpson Ave Ocean City, NJ 08226

Estimated Value: $785,000 - $1,157,000

4 Beds
2.5 Baths
-- Sq Ft
6,882 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $850,000

Est. 23% increase in value since last sale

Current estimated payment $6,056/month

About This Home

As of November 2023

This home is located at 5325 Simpson Ave, Ocean City, NJ 08226 since 16 June 2023 and is currently estimated at $1,049,197. 5325 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.

Last Agent to Sell the Property

Stewart Vaughan

Keller Williams Realty Jersey Shore-Ocean City Listed on: 06/16/2023

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Stewart Vaughan

Keller Williams Realty Jersey Shore-Ocean City Listed on: 06/16/2023

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,663

Lot Details

  • 6,882

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 60x115
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,663

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 11/21/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Garage/Parking

  • Garage: One Car

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 60x115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Nov 16, 2023
Bought by
Kraft Scott
Seller's Agent
Stewart Vaughan
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Stewart Vaughan
Keller Williams Realty Jersey Shore-Ocean City
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,049,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,197
Avg. Annual Appreciation
11.92%
Original Mortgage
$400,000
Outstanding Balance
$393,194
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$656,003

Purchase Details

Closed on
Aug 16, 2010
Sold by
Schmidt Richard F
Bought by
Schmidt Grace L and Schmidt Richard F
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
Kraft Scott $850,000 The Title Company
Kraft Scott $850,000 The Title Company
Schmidt Grace L -- None Listed On Document
Schmidt Grace L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Scott $400,000
Closed Kraft Scott $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $850,000 0.0% --
06/16/2023 06/16/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $850,000 -- --
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 $5,663 $504,700 $388,000 $116,700
2024 $5,663 $504,700 $388,000 $116,700
2023 $5,155 $504,700 $388,000 $116,700
2022 $4,943 $504,700 $388,000 $116,700
2021 $3,276 $504,700 $388,000 $116,700
2020 $4,686 $504,700 $388,000 $116,700
2019 $4,630 $504,700 $388,000 $116,700
2018 $4,585 $504,700 $388,000 $116,700
2017 $4,509 $504,700 $388,000 $116,700
2016 $4,328 $504,700 $388,000 $116,700
2015 $4,267 $504,700 $388,000 $116,700
2014 $4,201 $504,700 $388,000 $116,700
Source: Public Records

Agents Affiliated with this Home

  • Stewart Vaughan

    Seller's Agent in 2023

    Stewart Vaughan

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 408-6608

    14 in this area

    27 Total Sales

    Stewart Vaughan
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 579925

South Jersey Shore Regional MLS

APN: 08-05305-0000-00018

New Jersey Cape May County Ocean City 08226

5325 Simpson Ave, Ocean City, NJ

This home is located at 5325 Simpson Ave, Ocean City, NJ 08226 since 16 June 2023 and is currently estimated at $1,049,197. 5325 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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