NOT LISTED FOR SALE

5404 Simpson Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $975,725 - $1,065,000

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

Last Sold October 31, 2014

Last sale price $502,500

Est. 102% increase in value since last sale

Current estimated payment $5,804/month

30 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Outdoor Community Showers

About This Home

As of October 2014

Bright and airy 1st floor condo in the deep southend located on a large 60x115 ft lot! Features: 4 bedrooms, 2 baths, gas heat, central air, gas fireplace, fully furnished in a bright beachy décor, maintenance free vinyl siding, large front deck, garage, outside shower, storage, sprinkler system and plenty of off street parking. Walk to the playground, ball court, street hockey rink, restaurants, ice cream parlors, delis, and best of all… the beautiful southend beaches!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 07/19/2014

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Kozak

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 2002

Lot Details

  • 6,882

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,900

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Year Built: 2002
  • Age: 11 To 15 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, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2014
Closed on
Oct 31, 2014
Sold by
Valentino Leonard and Valentino Gina
Bought by
Grogan Virgiina E
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Kozak
Compass New Jersey-Ocean City (O463E)
List Price
$502,500
Sold Price
$502,500
Current Estimated Value
$1,013,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,181
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Feb 28, 2003
Sold by
O'Donnell Patrick J
Bought by
Brabson Thomas A and Brabson Clare M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.98%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Morello Thomas E
Bought by
O'Donell Patrick J and O'Donnell Joane Melnick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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
Grogan Virgiina E $502,500 Surety Title
Brabson Thomas A $402,500 --
O'Donell Patrick J $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brabson Thomas A $322,000
Previous Owner O'Donell Patrick J $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2014 10/31/14 Sold $502,500 0.0% --
08/18/2014 08/18/14 Pending -- -- --
07/19/2014 07/19/14 For Sale $502,500 +11.7% --
05/25/2012 05/25/12 Sold $450,000 0.0% -- View Prior Sale
04/03/2012 04/03/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $450,000 -- --
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 $4,900 $436,700 $208,400 $228,300
2024 $4,900 $436,700 $208,400 $228,300
2023 $4,677 $436,700 $208,400 $228,300
2022 $4,494 $436,700 $208,400 $228,300
2021 $3,258 $436,700 $208,400 $228,300
2020 $4,271 $436,700 $208,400 $228,300
2019 $4,223 $436,700 $208,400 $228,300
2018 $4,184 $436,700 $208,400 $228,300
2017 $4,118 $436,700 $208,400 $228,300
2016 $3,961 $436,700 $208,400 $228,300
2015 $3,908 $436,700 $208,400 $228,300
2014 $3,852 $436,700 $208,400 $228,300
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2014

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image
  • Kevin Kozak

    Buyer's Agent in 2014

    Kevin Kozak

    Compass New Jersey-Ocean City (O463E)

    (609) 628-3095

    29 in this area

    57 Total Sales

    Kevin Kozak
    Section Image

  • R

    Seller's Agent in 2012

    ROBERT D PITERA

    Compass New Jersey-Ocean City (O463E)

    4 in this area

    5 Total Sales

    ROBERT D PITERA
    Section Image

  • L

    Buyer's Agent in 2012

    LINDA TAYLOR

    THE LANDIS COMPANY

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 432651

South Jersey Shore Regional MLS

APN: 08-05406-0000-00003-0000-C1

New Jersey Cape May County Ocean City 08226

5404 Simpson Ave Unit 1, Ocean City, NJ

This home is located at 5404 Simpson Ave Unit 1, Ocean City, NJ 08226 since 19 July 2014 and is currently estimated at $1,013,681. This property was built in 2002. 5404 Simpson Ave Unit 1 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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