NOT LISTED FOR SALE

1930 Glenwood Dr Ocean City, NJ 08226

Estimated Value: $2,889,000 - $3,925,000

6 Beds
4 Baths
3,468 Sq Ft
$956/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $1,700,000 $490 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $19,135/month

44 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Ocean City Primary School Rated A
  • Boat Slip
  • Cathedral Ceiling

About This Home

As of December 2016

The one you've been waiting for! This jaw-dropping Bay-Front home is a once-in-a-lifetime opportunity to enjoy beautiful sunsets or immerse yourself in Mother Nature's sensational lightning shows as they approach over the water from the West. Situated on a rare (extra-wide) 56' x 100' lot in the Riviera Neighborhood, magnificently renovated, and professionally decorated you'll sacrifice neither living space nor luxury. Immense outdoor entertainment and dock space with fixed and retractable awnings to cool you off after a sunny day on the water. A recently installed boat-lift will keep your watercraft looking and running clean while she rests high above passing wakes. Fiberglass-wrapped pilings offer peace-of-mind with added durability and protection from the elements ensuring a long life. Enjoy breathtaking views from your Master Bedroom or sip on a cocktail while enjoying your favorite sporting events and shows in its bonus sitting-room with wet-bar. Entertain family and guests in the expansive first floor featuring a gourmet chef's runway style kitchen overlooking a spacious, open living-room framed by a water view. A full-width paver driveway parks five vehicles comfortably while eliminating the need for lawn maintenance, a rare luxury which cannot be replicated.

Last Agent to Sell the Property

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 09/26/2016

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,604

Lot Details

  • Property Fronts a Bay or Harbor
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,468 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed patio or porch
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 2116

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,604

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 08-Ocean City
  • Also Includes: Blinds, Furniture, Window Treatments
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Intercom, Stove Electric
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Kitchen Center Island, Walk in Closet, Wall to Wall Carpet, Fireplace- Wood, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3468
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Library/Study, Great Room, Storage Attic, In-Law Quarters

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Frontage: 56
  • Outside Features: Deck, Enclosed/Covered Patio, Porch, Grill, Dock, Bulkhead, Sidewalks, Outside Shower, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: 4 car parking

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 56x100
  • Total Assessment: 1743500
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 15604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Dec 9, 2016
Sold by
Clarke Robert E and Clarke Sandra J
Bought by
Armstrong Marc and Armstrong Bernadette
Seller's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,999,999
Sold Price
$1,700,000
Premium/Discount to List
-$299,999
-15%
Current Estimated Value
$3,287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,587,500
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Sep 23, 1991
Sold by
New Jersey Dep
Bought by
Clarke Robert E and Clarke Sandra J
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
Armstrong Marc $35,125 Old Republic National Title
Clarke Robert E $1,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $1,700,000 -15.0% $490 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $1,999,999 -- $577 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $13,622 $3,398,200 $1,196,000 $2,202,200
2024 $13,622 $1,214,100 $1,196,000 $18,100
2023 $13,003 $1,214,100 $1,196,000 $18,100
2022 $17,899 $1,739,500 $1,196,000 $543,500
2021 $12,977 $1,739,500 $1,196,000 $543,500
2020 $17,012 $1,739,500 $1,196,000 $543,500
2019 $16,821 $1,739,500 $1,196,000 $543,500
2018 $16,703 $1,743,500 $1,150,000 $593,500
2017 $16,441 $1,743,500 $1,150,000 $593,500
2016 $15,814 $1,743,500 $1,150,000 $593,500
2015 $15,604 $1,743,500 $1,150,000 $593,500
2014 $15,378 $1,743,500 $1,150,000 $593,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172558

Cape May County Association of REALTORS®

APN: 08-02116-0000-00001