NOT LISTED FOR SALE

748 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,279,000 - $2,139,000

5 Beds
5.5 Baths
3,562 Sq Ft
$477/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $670,000 $188 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $9,512/month

48 Days on Market

About This Home

As of February 2018

Incredible Single Family centrally located in Ocean City! This home features 5 beds, 5.5 baths with hardwood floors, granite counterops, 2 fireplaces, detached garage and 2 porches and much much more. 3rd floor features a very large bedroom with spa bathroom. Come check this one out!

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC Listed on: 11/29/2017

Last Buyer's Agent

Rich Suthard

BALSLEY/LOSCO

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,418

Lot Details

  • 4,225

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 3-Story Property
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,418

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 0.097
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 18, 2018
Sold by
Pmc Reo Financing T
Bought by
Messina Samuel and Messina Erika
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
Rich Suthard
BALSLEY/LOSCO
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%
Current Estimated Value
$1,699,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,209
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jul 10, 2017
Sold by
Pennymac Holdings Llc
Bought by
Pmc Reo Financinf Trust

Purchase Details

Closed on
Dec 28, 2016
Sold by
Pennymac Holdings Llc
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
Oct 12, 2006
Sold by
S P A D Inc
Bought by
Campbell Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Messina Samuel $670,000 --
Pmc Reo Financinf Trust -- None Available
Pennymac Holdings Llc -- None Available
Campbell Kay -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Kay $1,000,000
Closed Pennymac Holdings Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $670,000 -4.3% $188 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $699,900 0.0% $196 / 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 $7,418 $661,100 $180,900 $480,200
2024 $7,418 $661,100 $180,900 $480,200
2023 $7,080 $661,100 $180,900 $480,200
2022 $6,803 $661,100 $180,900 $480,200
2021 $4,932 $661,100 $180,900 $480,200
2020 $6,466 $661,100 $180,900 $480,200
2019 $6,393 $661,100 $180,900 $480,200
2018 $6,333 $661,100 $180,900 $480,200
2017 $6,234 $661,100 $180,900 $480,200
2016 $5,996 $661,100 $180,900 $480,200
2015 $5,917 $661,100 $180,900 $480,200
2014 $5,831 $661,100 $180,900 $480,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497711

South Jersey Shore Regional MLS

APN: 08-00711-01-00020-02