NOT LISTED FOR SALE

2008 Glenwood Dr Ocean City, NJ 08226

Estimated Value: $3,328,999 - $4,612,000

4 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold January 16, 2015

Last sale price $1,175,000

Est. 225% increase in value since last sale

Current estimated payment $23,010/month

75 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Porch

About This Home

As of January 2015

Extraordinary Open Bay Single Family with magnificent sunsets and panoramic bay views situated on a beautifully landscaped and desirable 50' x 100' lot. This home features an open floor plan on the first floor with a living room, dining room, kitchen, family room, full bath, laundry and garage. The second floor features 4 bedrooms & 2 full baths including a master suite and large bay front balcony. Wood burning fireplace, multi-zone heat, Anderson windows & more! Plus a dock to house all your water toys!

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 05/05/2014

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 05/05/2014

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,566

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 50 x 100
  • Property Fronts a Bay or Harbor
  • Fenced

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Deck
  • Porch

Utilities

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

Community Details

  • Rivieria Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,566

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Wood Burning
  • Flooring: Hardwood, W/W Carpet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Outside Shower, Porch

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 50 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Sold by
Hammond Michael S and Hammond Lori L
Bought by
Covely Enterprises Llc
Current Estimated Value
$3,816,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,500
Outstanding Balance
$1,839,609
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,977,057

Purchase Details

Closed on
Sep 29, 2014
Sold by
Weaver Richard L
Bought by
Hammond Michael S and Hammond Lori L

Purchase Details

Closed on
Jul 5, 2011
Sold by
Weaver Veronica V
Bought by
Weaver Richard L and Weaver Veronica V
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
Covely Enterprises Llc $2,840,000 --
Hammond Michael S $1,175,000 North American Title Agency
Weaver Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covely Enterprises Llc $2,137,500
Closed Covely Enterprises Llc $2,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $1,175,000 0.0% --
07/19/2014 07/19/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,175,000 -- --
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 $26,566 $2,367,700 $1,150,000 $1,217,700
2024 $26,566 $2,367,700 $1,150,000 $1,217,700
2023 $25,358 $2,367,700 $1,150,000 $1,217,700
2022 $24,364 $2,367,700 $1,150,000 $1,217,700
2021 $23,795 $2,367,700 $1,150,000 $1,217,700
2020 $23,156 $2,367,700 $1,150,000 $1,217,700
2019 $22,896 $2,367,700 $1,150,000 $1,217,700
2018 $22,683 $2,367,700 $1,150,000 $1,217,700
2017 $22,327 $2,367,700 $1,150,000 $1,217,700
2016 $10,630 $1,172,000 $1,150,000 $22,000
2015 $11,804 $1,318,900 $1,150,000 $168,900
2014 $11,633 $1,318,900 $1,150,000 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 428716

South Jersey Shore Regional MLS

APN: 08-02116-0000-00006