Seller's Agent in 2023
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 425-8824
68 in this area
92 Total Sales
2011 Glenwood Dr Ocean City, NJ 08226
Estimated Value: $3,509,713 - $4,115,000
5
Beds
4.5
Baths
3,274
Sq Ft
$1,190/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Boat Slip
- Home fronts a lagoon or estuary
- Ocean City Primary School Rated A
- In Ground Pool
- Deck
About This Home
As of October 2023Welcome to your dream waterfront oasis in the highly sought-after Riviera neighborhood of Ocean City, NJ! This stunning lagoon-front home offers the perfect blend of luxurious living, breathtaking views, and direct boat slip access. On the main level an expansive open floor plan features a living area with a wall of windows with water views and ample room for entertaining guests. Adjacent to the living area is a dining area with direct access to the waterfront deck. The adjoining kitchen with its enviable list of built-in Thermador range, Viking refrigerator and Bosch double oven stands ready for you to create your culinary delights. Just outside is the newly renovated deck offering plenty of lounging space. The custom gunite pool received a new gas heater in 2022, enhancing your swimming and poolside experience. On the second floor, the primary suite creates a private sanctuary with deck, large en suite bathroom and walk-in closet. Luxuriate in the walk-in shower or unwind in the jacuzzi tub while overlooking the picturesque water views. The second floor features another full bathroom with attached laundry room for convenience, a guest suite with high ceilings and abundant natural light, and two bedrooms sharing a Jack & Jill bath. On the top floor, a private oasis awaits. The en suite bedroom also has a separate sitting area overlooking the open bay. An expansive rooftop deck with a retractable awning offers great views of the Riviera and sets the scene for gracious entertaining. This remarkable home has been thoughtfully updated to ensure the utmost comfort and modern convenience. There is ample storage in the attached two-car garage. Indulge in the best of waterfront living with the updated bulkhead, boat slips, and lagoon access that are perfect for boating, swimming, paddle boarding, and other water activities. After a day on the water, take advantage of the outside shower. Don't miss this incredible opportunity to own a lagoon-front home in one of Ocean City's most coveted neighborhoods. Contact us today to schedule a private tour and make this captivating home yours!
Last Agent to Sell the Property
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 06/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,857
Year Built
- Built in 2004
Lot Details
- Lot Dimensions are 50x100
- Home fronts a lagoon or estuary
- Property Fronts a Bay or Harbor
- Fenced
- Sprinkler System
Home Design
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Skylights
- Gas Log Fireplace
- Dining Area
- Den
- Storage
- Water Views
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
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Stone Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Boat Slip
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2023
Closed on
Oct 13, 2023
Sold by
Borowiec Barbara
Bought by
Touey Joseph V and Touey Elizabeth M
Seller's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Chris Monihan
MONIHAN REALTY
List Price
$3,495,000
Sold Price
$3,375,000
Premium/Discount to List
-$120,000
-3.43%
Views
757
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,678
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,350,000
Outstanding Balance
$1,329,536
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$2,547,786
Purchase Details
Closed on
Sep 30, 2020
Sold by
Burgio Samuel and Burgio Judith
Bought by
Borowiec Barbara
Purchase Details
Closed on
Nov 15, 2007
Sold by
Dombrowski Joseph M and Dombrowski Diane
Bought by
Burgio Samuel and Burgio Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 28, 2004
Sold by
Mita Eustace W
Bought by
Dombrowski Joseph M and Dombrowski Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 2004
Sold by
Stoeco Development Ltd
Bought by
Philomeno & Salamonte Rental Partnership
Purchase Details
Closed on
May 12, 2004
Sold by
Philomeno & Salamonte Rental Partnership
Bought by
Mita Eustace W
Purchase Details
Closed on
Nov 18, 2002
Sold by
Brooks C Russell
Bought by
Philomeno & Salamone Rental
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.07%
Purchase Details
Closed on
Sep 28, 1994
Sold by
Brooks C Russell
Bought by
Landi Warren F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.43%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Touey Joseph V | $3,375,000 | Freedom Title | |
| Borowiec Barbara | $2,582,500 | Freedom Title | |
| Burgio Samuel | $2,250,000 | Fidelity Natl Title Ins Co | |
| Dombrowski Joseph M | $2,500,000 | Congress Title Division | |
| Philomeno & Salamonte Rental Partnership | -- | Congress Title Division | |
| Mita Eustace W | $1,985,000 | Congress Title Company | |
| Philomeno & Salamone Rental | $800,000 | -- | |
| Landi Warren F | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Touey Joseph V | $1,350,000 | |
| Previous Owner | Burgio Samuel | $850,000 | |
| Previous Owner | Burgio Samue | $500,000 | |
| Previous Owner | Burgio Samuel | $985,000 | |
| Previous Owner | Burgio Samuel | $500,000 | |
| Previous Owner | Burgio Samuel | $1,000,000 | |
| Previous Owner | Dombrowski Joseph M | $700,000 | |
| Previous Owner | Dombrowski Joseph M | $2,000,000 | |
| Previous Owner | Philomeno & Salamone Rental | $1,200,000 | |
| Previous Owner | Landi Warren F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $3,375,000 | -3.4% | $1,031 / Sq Ft |
| 07/09/2023 07/09/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $3,495,000 | -- | $1,068 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $20,857 | $1,858,900 | $800,000 | $1,058,900 |
| 2024 | $20,857 | $1,858,900 | $800,000 | $1,058,900 |
| 2023 | $19,909 | $1,858,900 | $800,000 | $1,058,900 |
| 2022 | $19,128 | $1,858,900 | $800,000 | $1,058,900 |
| 2021 | $13,867 | $1,858,900 | $800,000 | $1,058,900 |
| 2020 | $18,169 | $1,857,800 | $800,000 | $1,057,800 |
| 2019 | $17,965 | $1,857,800 | $800,000 | $1,057,800 |
| 2018 | $17,798 | $1,857,800 | $800,000 | $1,057,800 |
| 2017 | $17,519 | $1,857,800 | $800,000 | $1,057,800 |
| 2016 | $17,823 | $1,965,000 | $800,000 | $1,165,000 |
| 2015 | $17,587 | $1,965,000 | $800,000 | $1,165,000 |
| 2014 | $17,331 | $1,965,000 | $800,000 | $1,165,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Huck
-
Chris Monihan
Buyer's Agent in 2023
Chris Monihan
MONIHAN REALTY
(609) 602-3336
85 in this area
108 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 575152
APN: 08-02116-0000-00024
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