NOT LISTED FOR SALE

1 Magnolia Ln Colts Neck, NJ 07722

Estimated Value: $2,076,000 - $3,069,000

6 Beds
5.5 Baths
5,815 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $1,172,000 $202 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $15,068/month

16 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Maid or Guest Quarters
  • Conover Road School Rated A
  • Conservatory Room
  • Deck

About This Home

As of August 2013

Truly Meticulous 6 Bdrm, 5.5 CH Colonial has so much to offer. Gourmet Kitchen with Granite Counters, Tumbled Marble, and SS Appliances, Large Bright Rooms Thruout, 1st Floor Guest Suite plus Full Apt. in Bsmt for extended family or friends. Gorgeous Master Suite with Renovated Bath, Sep. Office, Conservatory, 3 F.P.'s plus Amazing Yard with IG Pool with Stamped Concrete Patio & 2-Tier Deck. 4 Zone Heat/AC & 3 Car Garage. You will Love this Gracious Home with its perfect flow & unique flair!

Last Agent to Sell the Property

Diane Traverso

NextHome Nexus Realty Group License #8647024 Listed on: 03/12/2013

NextHome Nexus Realty Group

Last Buyer's Agent

Lori Emanuele

Diane Turton, Realtors-Colts Neck License #0123365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,504

Year Built

  • Built in 1993

Lot Details

  • 1.34 Acre Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Driveway

Home Design

  • Duplex
  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 5,815 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • 3 Fireplaces
  • Gas Fireplace
  • Awning
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Conservatory Room
  • Sun or Florida Room
  • Center Hall
  • Pull Down Stairs to Attic
  • Intercom

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • In Ground Pool
  • Pool Equipment Stays
  • Vinyl Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Conover Road Elementary School
  • Cedar Drive Middle School
  • Colts Neck High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Water Softener
  • Septic System

Community Details

  • No Home Owners Association
  • The Ridings Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000160000000530008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,504

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Fenced Area
  • ResoPoolFeatures: In Ground, Pool Equipment, Vinyl
  • Inclusions: Outdoor Lighting, Washer, Water Softener, Timer Thermostat, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Double Oven, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Screens, Awnings, Gas Cooking, Intercom
  • Subdivision Name: The Ridings
  • Architectural Style: Custom, Mother/Daughter, Colonial
  • Reso Flooring: Marble, Tile, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Center Hall, Conservatory, Dec Molding, French Doors, Housekeeper Qtrs, In-Law Suite, Laundry Tub, Skylight, Wet Bar, Recessed Lighting
  • Year Built: 1993
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 1.34
  • Location Middle School: Cedar Drive
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Basement Heated: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Laundry Tub: Yes
  • Rooms Breakfast: Yes
  • Floors Tile: Yes
  • Interior Bonus Room: Yes
  • Included Awnings: Yes
  • Included Intercom: Yes
  • Floors Marble: Yes
  • SidingStucco: Yes
  • Interior Housekeeper Qtrs: Yes
  • Interior Conservatory: Yes
  • Dining Room Floor - Marble5: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Full Finished, Heated, Other, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Total Bedrooms: 14
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Other Rooms:Office2: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.34
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Fence, Patio, Sprinkler Under, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Included Water Softener: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 58370.4
  • Parcel #: 000160000000530008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 17504.0

MLS Schools

  • Elementary School: Conover Road
  • High School: Colts Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Aug 7, 2013
Sold by
Adornetto Joseph and Adornetto Josette
Bought by
Apolito Renato and Apolito Kelly
Seller's Agent
Diane Traverso
NextHome Nexus Realty Group
Buyer's Agent
Lori Emanuele
Diane Turton, Realtors-Colts Neck
Sold Price
$1,172,000
Total Days on Market
16
Current Estimated Value
$2,329,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,157,875
Avg. Annual Appreciation
5.97%
Original Mortgage
$937,500
Outstanding Balance
$708,033
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,621,842

Purchase Details

Closed on
Apr 12, 2010
Sold by
Adornetto Joseph and Adornetto Josette
Bought by
Adornetto Joseph and Adornetto Josette

Purchase Details

Closed on
Jun 30, 2004
Sold by
Dibartolo James
Bought by
Adornetto Joseph and Adornetto Josette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.32%

Purchase Details

Closed on
Sep 16, 1993
Sold by
Ristovski George
Bought by
James Di Bartolo and Di Bartolo Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Apolito Renato $1,172,000 Two Rivers Title Co Llc
Adornetto Joseph -- None Available
Adornetto Joseph $1,180,000 --
James Di Bartolo $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apolito Renato $937,500
Previous Owner Adornetto Joseph $604,095
Previous Owner Adornetto Joseph $304,000
Previous Owner Adornetto Joseph $333,000
Previous Owner James Di Bartolo $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $1,172,000 -- $202 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $24,476 $1,700,900 $607,300 $1,093,600
2023 $24,476 $1,573,000 $557,700 $1,015,300
2022 $18,832 $1,336,700 $390,900 $945,800
2021 $18,832 $1,078,600 $180,900 $897,700
2020 $19,166 $1,086,500 $220,900 $865,600
2019 $21,039 $1,194,700 $270,900 $923,800
2018 $21,355 $1,203,100 $290,900 $912,200
2017 $20,991 $1,186,600 $285,900 $900,700
2016 $20,163 $1,164,800 $275,900 $888,900
2015 $19,356 $1,115,600 $249,600 $866,000
2014 $18,808 $1,114,900 $298,700 $816,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21308259

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00016-0000-00053-8