NOT LISTED FOR SALE

2 Grenada Ln Ocean City, NJ 08226

Estimated Value: $2,834,730 - $3,690,000

4 Beds
3 Baths
2,243 Sq Ft
$1,443/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2022

Last sale price $2,350,000 $1,048 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,142 / mo

187 Days on Market

Highlights

  • Boat Slip
  • Waterfront
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • Enclosed Patio or Porch

About This Home

As of June 2022

24 hours notice for showings

Last Agent to Sell the Property

William Albrecht

COMPASS RE - Avalon Dune License #2080915 Listed on: 10/04/2021

Co-Listed By

William Godfrey

MARR AGENCY License #0120003

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,487

Lot Details

  • Lot Dimensions are 45x100
  • Waterfront
  • Sprinkler System

Home Design

  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 2,243 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 2113

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,487

Lot Details

1.04 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water Front, Water View, Bulk Head
  • District Township: 08-Ocean City
  • Also Includes: Furniture, Partial Furniture
  • New Construction: No
  • Listing Office2: 449
  • Lot Size2: 45x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Elevator, Fireplace - Electric
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2243

Exterior Features

  • Exterior: Asbestos, Vinyl
  • Frontage: 45
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Sidewalks, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Electric, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 1
  • Lot Size: 1-5 Acres
  • Total Assessment: 970000

Tax Info

  • Taxes: 9486.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jun 11, 2022
Sold by
Penza Michael V
Bought by
Dolan Barbara
Seller's Agent
William Albrecht
COMPASS RE - Avalon Dune
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$2,450,000
Sold Price
$2,350,000
Premium/Discount to List
-$100,000
-4.08%
Current Estimated Value
$3,237,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,183
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Dec 26, 2013
Sold by
Estate Of The Theresa A Penza
Bought by
Penza Michael V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dolan Barbara $2,350,000 --
Dolan Barbara $2,350,000 None Listed On Document
Penza Michael V -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $2,350,000 -4.1% $1,048 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $2,450,000 -- $1,092 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $13,163 $1,173,200 $727,700 $445,500
2024 $13,163 $1,173,200 $727,700 $445,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213690

Cape May County Association of REALTORS®

APN: 08-02113-0000-00001

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