NOT LISTED FOR SALE

5501 Simpson Ave Unit 2ND Ocean City, NJ 08226

Estimated Value: $985,312 - $1,191,000

4 Beds
2 Baths
1,776 Sq Ft
$604/Sq Ft Est. Value

About This Home

This home is located at 5501 Simpson Ave Unit 2ND, Ocean City, NJ 08226 and is currently estimated at $1,073,328, approximately $604 per square foot. 5501 Simpson Ave Unit 2ND 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2015
Sold by
Schmidt Glenn and Schmidt Donna L
Bought by
Barkovich Stephen J and Barkovich Lucinda B
Current Estimated Value
$1,073,328

Purchase Details

Closed on
Jul 13, 2006
Sold by
Fowser Kenneth R
Bought by
Schmidt Glenn and Schmidt Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Sea Breeze Development Llc
Bought by
Fowser Kenneth R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Barkovich Stephen J $447,000 None Available
Schmidt Glenn $540,000 None Available
Fowser Kenneth R $534,900 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Glenn $432,000
Source: Public Records

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 $5,150 $459,000 $189,800 $269,200
2024 $5,150 $459,000 $189,800 $269,200
2023 $4,916 $459,000 $189,800 $269,200
2022 $4,723 $459,000 $189,800 $269,200
2021 $3,424 $459,000 $189,800 $269,200
2020 $4,489 $459,000 $189,800 $269,200
2019 $4,439 $459,000 $189,800 $269,200
2018 $4,397 $459,000 $189,800 $269,200
2017 $4,328 $459,000 $189,800 $269,200
2016 $4,163 $459,000 $189,800 $269,200
2015 $4,108 $459,000 $189,800 $269,200
2014 $4,048 $459,000 $189,800 $269,200
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5501 Simpson Ave Unit 2ND, Ocean City, NJ

This home is located at 5501 Simpson Ave Unit 2ND, Ocean City, NJ 08226 and is currently estimated at $1,073,328, approximately $604 per square foot. 5501 Simpson Ave Unit 2ND 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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