NOT LISTED FOR SALE

11 Grenada Ln Ocean City, NJ 08226

Estimated Value: $1,732,000 - $3,206,000

5 Beds
3.5 Baths
2,320 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $2,125,000 $916 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,404/month

7 Days on Market

Highlights

  • Water Views
  • Boat Slip
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Wood Flooring

About This Home

As of November 2022

This is the Lagoon front single family home you have been waiting for all summer. Located in the desirable Riviera neighborhood with 5 Bedrooms and 3 1/2 Baths! 1st Floor features an open floor plan with a HUGE living room with gas fireplace, Large tiled Florida room, dining area, powder room, and gourmet kitchen with granite counters, stainless appliances, large pantry, center island breakfast bar, and Lagoon view window seat. Hardwood floors throughout the kitchen, dining and living room plus a separate bar station. 2nd Floor features the Master bedroom with Vaulted ceilings, walk in closet, master bath, stained glass window and slider to the lagoon front balcony with retractable awning. 4 additional bedrooms and 2 hall baths with wall to wall carpet. 4 of the 5 bedrooms have balcony access. Spend your summers on the HUGE lagoon front 2 level deck with awning, hot tub and fenced yard. Plenty of floating dock space with 2 boat slips and room for jet ski easy port. You will never want to leave!!! This home is a must see!

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 09/15/2022

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 09/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,425

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 50 x 106
  • Home fronts a lagoon or estuary
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Bar
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Boat Slip
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,425

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 09/15/2022
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Florida Room, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Bulkheaded, Docks, Lagoon Front, Water View
  • Lot Dimensions: 50 X 106
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 2, 2022
Sold by
Landset David J and Landset Denise A
Bought by
Dwyer Joseph and Dwyer Tammy
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$2,299,900
Sold Price
$2,125,000
Premium/Discount to List
-$174,900
-7.6%
Views
48
Current Estimated Value
$2,544,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,758
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,425,000
Interest Rate
7.08%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Budnick John
Bought by
Landset David J and Landset Denise A

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
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 1999
Sold by
Perry Helen
Bought by
Budnick John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.09%
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
Dwyer Joseph $2,125,000 Surety Title
Redacted Upon Request $2,125,000 Surety Title
Landset David J $1,349,000 None Available
Budnick John $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redacted Upon Request $1,425,000
Previous Owner Landset David J $1,000,000
Previous Owner Budnick John $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $2,125,000 -7.6% $916 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $2,299,900 -- $991 / 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 $11,425 $1,018,300 $785,400 $232,900
2024 $11,425 $1,018,300 $785,400 $232,900
2023 $10,906 $1,018,300 $785,400 $232,900
2022 $10,313 $1,002,200 $785,400 $216,800
2021 $7,476 $1,002,200 $785,400 $216,800
2020 $9,802 $1,002,200 $785,400 $216,800
2019 $9,542 $986,800 $770,000 $216,800
2018 $9,454 $986,800 $770,000 $216,800
2017 $9,306 $986,800 $770,000 $216,800
2016 $8,950 $986,800 $770,000 $216,800
2015 $8,832 $986,800 $770,000 $216,800
2014 $8,704 $986,800 $770,000 $216,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567104

South Jersey Shore Regional MLS

APN: 08-02113-0000-00021