NOT LISTED FOR SALE

742 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,225,000 - $2,137,000

5 Beds
5 Baths
3,580 Sq Ft
$481/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $656,250 $183 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $9,631/month

14 Days on Market

About This Home

As of January 2018

Auction Dates: 12/2-12/4 Property is occupied and occupants are not to be disturbed/contacted under any circumstances. We have not been inside the property. Interior inspections are not available, property is being sold as is. Property is sold through auction. All offers will need to be submitted during the online event or offers can be made prior to the auction event by using the "Make an Offer' button located on the property site on Xome.com. A buyer’s premium equal to the greater of 5% of the winning bid amount or $2500 will be added to winning bid that will determine total price.

Last Agent to Sell the Property

John Moore

WEICHERT REALTORS ASBURY GROUP-OC Listed on: 11/24/2017

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

MISSY MARUFA

WEICHERT REALTORS ASBURY GROUP-OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,406

Lot Details

  • 4,225

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 65x65
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,406

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 5

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 65x65
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2017
Closed on
Dec 11, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Leone Frank
Seller's Agent
John Moore
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
MISSY MARUFA
WEICHERT REALTORS ASBURY GROUP-OC
List Price
$656,250
Sold Price
$656,250
Current Estimated Value
$1,722,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,850
Avg. Annual Appreciation
13.22%
Original Mortgage
$525,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2017
Sold by
Banc Of America Funding Corporation Mort
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 28, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Stack U Jean and Plonka Ann
Bought by
S P A D Inc Shore Preservation & Develop

Purchase Details

Closed on
Jun 10, 2003
Sold by
Stack U Jean
Bought by
Stack U Jean and Plonka 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
Leone Frank $656,250 --
Us Bank National Association $954,323 None Available
-- $100 --
Campbell Kay -- None Available
S P A D Inc Shore Preservation & Develop $800,000 --
Stack U Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leone Frank $525,000
Previous Owner Campbell Kay $712,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $656,250 0.0% $183 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/24/2017 11/24/17 For Sale $656,250 0.0% $183 / Sq Ft
09/01/2016 09/01/16 Rented -- -- --
08/02/2016 08/02/16 Under Contract -- -- --
06/06/2016 06/06/16 For Rent -- -- --
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 $7,406 $660,100 $180,900 $479,200
2024 $7,406 $660,100 $180,900 $479,200
2023 $7,070 $660,100 $180,900 $479,200
2022 $6,792 $660,100 $180,900 $479,200
2021 $6,634 $660,100 $180,900 $479,200
2020 $6,456 $660,100 $180,900 $479,200
2019 $6,383 $660,100 $180,900 $479,200
2018 $6,324 $660,100 $180,900 $479,200
2017 $6,225 $660,100 $180,900 $479,200
2016 $5,987 $660,100 $180,900 $479,200
2015 $5,908 $660,100 $180,900 $479,200
2014 $5,822 $660,100 $180,900 $479,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497509

South Jersey Shore Regional MLS

APN: 08 00711- 01-00020- 01