NOT LISTED FOR SALE

22 Grenada Ln Ocean City, NJ 08226

Estimated Value: $1,592,000 - $3,982,000

6 Beds
3 Baths
2,828 Sq Ft
$999/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $1,070,000 $378 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $15,934/month

Highlights

  • Parking available for a boat
  • Home fronts a lagoon or estuary
  • Attic
  • Ocean City Primary School Rated A
  • Water Oriented
  • No HOA

About This Home

As of March 2015

Beautiful Riviera Lagoon Front Single. Large 6/7 Bedroom 3 Full Bath 2900 Square Foot Home With Endless Water Views. First Floor Includes 3 Bedrooms 1 Full Handicap-Accessible Bath along with Family Room and Gas Fireplace. 2nd Floor Includes 3 Bedrooms 2 Full Bath's Enclosed Porch Overlooking the Water. Home Has New Gas Heat, Central Air and Water Heater. Outside is a Deck Out Over The Water, Floating Dock, Enclosed Shower, and Large Covered Porch. Great Location 1 House From The Cul-De-Sac.

Last Agent to Sell the Property

Robert Bond

(609) 289-2916 robertbond@verizon.net RE/MAX At the Shore Listed on: 10/25/2014

RE/MAX At the Shore

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,399

Year Built

  • Built in 1972

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,828 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway
  • Parking available for a boat

Accessible Home Design

  • Mobility Improvements

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a lagoon
  • Shed
  • Porch

Schools

  • Ocean City Elementary And Middle School
  • Ocean City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riviera Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 08-02113-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,399

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Beautiful Riviera Lagoon Front Single. Large 6/7 Bedroom 3 Full Bath 2900 Square Foot Home With Endless Water Views. First Floor Includes 3 Bedrooms 1 Full Handicap-Accessible Bath along with Family Room and Gas Fireplace. 2nd Floor Includes 3 Bedrooms 2 Full Bath's Enclosed Porch Overlooking the Water. Home Has New Gas Heat, Central Air and Water Heater. Outside is a Deck Out Over The Water, Floating Dock, Enclosed Shower, and Large Covered Porch. Great Location 1 House From The Cul-De-Sac.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2828
  • Living Area Sq Ft: 2828
  • Net Sq Ft: 2828.00
  • Price Per Sq Ft: 424.29
  • Above Grade Finished Sq Ft: 2828
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Lawn Sprinkler, Boat Storage, Outside Shower
  • Roof: Pitched, Shingle
  • Water Body Type: Lagoon
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: OCEAN CITY
  • High School: OCEAN CITY
  • School District Key: 300200397020
  • Elementary School: OCEAN CITY
  • High School: OCEAN CITY
  • Middle Or Junior School: OCEAN CITY

Lot Info

  • Improvement Assessed Value: 311000.00
  • Land Assessed Value: 754600.00
  • Lot Features: Cul-De-Sac, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3801928
  • Tax Annual Amount: 9399.00
  • Assessor Parcel Number: 08-02113-00011
  • Tax Lot: 00011
  • Tax Year: 2014
  • Close Date: 03/13/2015

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Mar 13, 2015
Sold by
Estate Of Fiore Distefano
Bought by
Choate Ross J and Choate Michele Z
Seller's Agent
Robert Bond
RE/MAX At the Shore
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,199,900
Sold Price
$1,070,000
Premium/Discount to List
-$129,900
-10.83%
Current Estimated Value
$2,825,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,755,020
Avg. Annual Appreciation
9.60%
Original Mortgage
$802,500
Outstanding Balance
$614,634
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$2,210,386

Purchase Details

Closed on
Apr 12, 1986
Bought by
Distefano Fiora
Source: Public Records

Range of Values:

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List 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
Choate Ross J $1,070,000 North American Title Agency
Distefano Fiora $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choate Ross J $802,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2015 03/13/15 Sold $1,070,000 -10.8% $378 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
10/25/2014 10/25/14 For Sale $1,199,900 -- $424 / Sq Ft
Source: Bright 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 $11,994 $766,500 $754,600 $11,900
2024 $11,994 $1,069,000 $754,600 $314,400
2023 $11,449 $1,069,000 $754,600 $314,400
2022 $11,000 $1,069,000 $754,600 $314,400
2021 $7,975 $1,069,000 $754,600 $314,400
2020 $10,455 $1,069,000 $754,600 $314,400
2019 $10,337 $1,069,000 $754,600 $314,400
2018 $10,241 $1,069,000 $754,600 $314,400
2017 $10,081 $1,069,000 $754,600 $314,400
2016 $9,696 $1,069,000 $754,600 $314,400
2015 $9,537 $1,065,600 $754,600 $311,000
2014 $9,399 $1,065,600 $754,600 $311,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Bond

    RE/MAX

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Map

Source: Bright MLS

MLS Number: 1003158272

Bright MLS

APN: 08-02113-0000-00011

New Jersey Cape May County Ocean City 08226

22 Grenada Ln, Ocean City, NJ

This home is located at 22 Grenada Ln, Ocean City, NJ 08226 since 25 October 2014 and is currently estimated at $2,825,020, approximately $998 per square foot. This property was built in 1972. 22 Grenada Ln is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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