NOT LISTED FOR SALE

32 Valmar Ct Ocean City, NJ 08226

Estimated Value: $1,837,000 - $2,204,000

5 Beds
4.5 Baths
2,622 Sq Ft
$789/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $1,700,000 $648 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,715/month

17 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of February 2023

Wait until you see this spectacular single family home in the upscale baylandings area of OCNJ! This well-designed, spacious three story beach estate features: Your very own private, resort-style backyard pool oasis, 5 large bedrooms, 4.5 baths, an inviting open floor plan concept, gorgeous kitchen (with high-end appliances) that flows seamlessly into the great room, large dining area, separate wing with den/second living room, private master suite that was renovated with stunning materials and décor, elegant luxury master bath that looks like it's out of Architectural Digest, third floor wing with bedroom, sitting area, and full bath, and more! The home also features Anderson windows & doors, a beautiful custom exterior design, 3-zone HVAC (gas heat & central air), gas hot water heater, spacious laundry room with washer/dryer, multiple grand decks, enclosed outdoor shower, and a one-car garage + 1 additional spot in the driveway. Lastly, this lovely property sits on a large 50 x 100 foot lot right by the bay, and includes 2,622 sq. feet of finished living space! The home is in pristine condition and is ready for its new owners! Schedule your showing today! See you on the Bay!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 10/03/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Craig Troilo

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,683

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50 x 100
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,683

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, Laundry/Utility Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Paved Road, Porch, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Cul-De-Sac
  • Lot Dimensions: 50 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Feb 3, 2023
Sold by
Granahan Richard F and Granahan Audrey A
Bought by
Earnshaw Brian William and Earnshaw Lisa Marie
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Craig Troilo
Compass New Jersey-Ocean City (O463E)
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Views
106
Current Estimated Value
$2,068,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,043
Avg. Annual Appreciation
7.50%
Original Mortgage
$300,000
Outstanding Balance
$289,797
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,778,246

Purchase Details

Closed on
Dec 4, 2009
Sold by
Pellegrino Mark V and Pellegrino Leslie
Bought by
Granahan Richard F and Granahan Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Burrell John A
Bought by
Pellegrino Mark V and Pellegrino Lislie
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
Earnshaw Brian William $1,700,000 Freedom Title & Abstract
Granahan Richard F $985,000 None Available
Pellegrino Mark V $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earnshaw Brian William $300,000
Previous Owner Granahan Richard F $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $1,700,000 -5.3% $648 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $1,795,000 -- $685 / Sq Ft
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 $10,683 $952,100 $295,000 $657,100
2024 $10,683 $952,100 $295,000 $657,100
2023 $9,187 $857,800 $295,000 $562,800
2022 $8,621 $857,800 $295,000 $562,800
2021 $8,295 $857,800 $295,000 $562,800
2020 $8,389 $857,800 $295,000 $562,800
2019 $8,295 $857,800 $295,000 $562,800
2018 $8,218 $857,800 $295,000 $562,800
2017 $8,089 $857,800 $295,000 $562,800
2016 $7,780 $857,800 $295,000 $562,800
2015 $7,677 $857,800 $295,000 $562,800
2014 $7,566 $857,800 $295,000 $562,800
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2023

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    357 in this area

    415 Total Sales

    Michael Contino
    Section Image
  • Craig Troilo

    Buyer's Agent in 2023

    Craig Troilo

    Compass New Jersey-Ocean City (O463E)

    (609) 226-1087

    42 in this area

    47 Total Sales

    Craig Troilo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567704

South Jersey Shore Regional MLS

APN: 08-02809-0000-00001

New Jersey Cape May County Ocean City 08226

32 Valmar Ct, Ocean City, NJ

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