NOT LISTED FOR SALE

733 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,280,000 - $1,628,129

4 Beds
3.5 Baths
-- Sq Ft
1,960 Sq Ft Lot

Last Sold January 12, 2022

Last sale price $1,200,000

Est. 24% increase in value since last sale

Current estimated payment $8,948/month

Highlights

  • Water Views
  • New Construction
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Spa
  • Porch

About This Home

As of January 2022

When Quality Matters, this new construction 4 bedroom 3 1/2 bath is for you!!!! Outdoor living space is important at the beach and the spacious decks plus a swim spa that doubles as a hot tub are perfect features for those afternoons after the beach. Enjoy the sunsets from the 3rd floor deck. The home also has 3 zoned heating for your comfort in all seasons.. Beautiful floors throughout. Custom Cabinets, Anderson windows, and high end appliance package make this house a dream come true. Located in a friendly neighborhood within walking distance to Acme, downtown shopping, restaurants, and all the conveniences in America's Favorite family resort.

Last Agent to Sell the Property

Gloria Votta

BHHS FOX and ROACH-Simpson OC Listed on: 11/19/2021

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Caroline Watts

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,702

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,960

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Parking Pad

Pool

  • Spa
  • Above Ground Pool

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 30x65

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,702

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 11/19/2021
  • New Construction: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood
  • Interior Amenities: Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Curbs, Pool-Above Ground, Porch, Whirlpool/Spa
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 30X65
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 12, 2022
Sold by
Pagano Mark and Pagano Kristy
Bought by
Berardis Robert and Berardis Valerie
Seller's Agent
Gloria Votta
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Caroline Watts
BHHS FOX and ROACH-109 34th OC
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
$1,490,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,032
Avg. Annual Appreciation
6.09%
Original Mortgage
$100,000
Interest Rate
1.1%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Sep 30, 2020
Sold by
Leggette Gloria A
Bought by
Pagano Mark and Pagano Kristy
Seller's Agent
Carlo Losco
Balsley-Losco Realtors
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.37%
Original Mortgage
$519,200
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2014
Sold by
Legette Gloria Ann
Bought by
Legette Gloria Ann
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
Berardis Robert $1,200,000 Freedom Title
Berardis Robert $1,200,000 Freedom Title
Pagano Mark $399,000 Agents National Title Insura
Legette Gloria Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Berardis Robert $100,000
Open Berardis Robert $625,000
Closed Berardis Robert $625,000
Previous Owner Pagano Mark $453,000
Previous Owner Pagano Mark $519,200
Closed Berardis Robert $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $1,200,000 -7.6% --
11/24/2021 11/24/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $1,299,000 +225.6% --
09/30/2020 09/30/20 Sold $399,000 0.0% $330 / Sq Ft
02/25/2020 02/25/20 For Sale $399,000 -- $330 / 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 $10,702 $953,800 $134,500 $819,300
2024 $10,702 $953,800 $134,500 $819,300
2023 $10,215 $953,800 $134,500 $819,300
2022 $1,384 $134,500 $134,500 $0
2021 $1,352 $134,500 $134,500 $0
2020 $2,029 $207,500 $134,500 $73,000
2019 $2,007 $207,500 $134,500 $73,000
2018 $1,988 $207,500 $134,500 $73,000
2017 $1,957 $207,500 $134,500 $73,000
2016 $1,882 $207,500 $134,500 $73,000
2015 $1,857 $207,500 $134,500 $73,000
2014 $1,580 $182,900 $134,500 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557606

South Jersey Shore Regional MLS

APN: 08-00711-0000-00005