NOT LISTED FOR SALE

2 Driftwood Ln Colts Neck, NJ 07722

Estimated Value: $1,293,197 - $1,731,000

4 Beds
2.5 Baths
3,846 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $700,000 $182 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,044/month

37 Days on Market

Highlights

  • 3.23 Acre Lot
  • Colonial Architecture
  • No HOA
  • Conover Road School Rated A
  • Wood Flooring
  • 2 Car Direct Access Garage

About This Home

As of May 2020

Great Colts Neck location for this 4 bed, 2.5 bath, full basement, 2 car garage Colonial on 3.23 acres! Huge EIK w/Sliders. Family Room w/Gas Fireplace & vaulted ceilings. Hardwood floors throughout. With your personal touches...it can be your home! Close to highways, shopping, restaurants, downtown Freehold, schools & transit.Property sold as is. Buyer responsible for CO and inspections.
Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.
HIGHEST & BEST DUE BY 3/18 at Midnight

Last Agent to Sell the Property

Carl SanFilippo

RE/MAX First Realty License #0678225 Listed on: 02/18/2020

RE/MAX First Realty

Last Buyer's Agent

Bill Gazi

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge License #1540157

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,876

Year Built

  • Built in 1998

Lot Details

  • 3.23 Acre Lot

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Driftwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-00022-0000-00010-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,876

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Driftwood Estates
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1998
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Kitchen Center Island: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 3.23
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Stories: 2
  • Full Basement: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 3.23
  • Waterfront: No
  • Exterior Features: Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 140698.8
  • Parcel #: 10-00022-0000-00010-01

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14876.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 18, 2020
Sold by
Us Bank Na
Bought by
Mottola Stephen and Mottola Jessica
Seller's Agent
Carl SanFilippo
RE/MAX First Realty
Buyer's Agent
Bill Gazi
Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge
List Price
$688,800
Sold Price
$700,000
Premium/Discount to List
$11,200
1.63%
Current Estimated Value
$1,490,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,799
Avg. Annual Appreciation
14.68%
Original Mortgage
$560,000
Outstanding Balance
$496,238
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$994,561

Purchase Details

Closed on
Jan 29, 2019
Sold by
Bauer Robert A and Bauer Linda M
Bought by
U S Bank Na and Chase Mortgage Finance Trusts

Purchase Details

Closed on
Aug 15, 2005
Sold by
Sor Fam Partnership By Bancob
Bought by
Bauer Robert A and Bauer Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mottola Stephen $700,000 Servicelink
U S Bank Na $3,000 None Available
Bauer Robert A $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mottola Stephen $560,000
Previous Owner Bauer Robert A $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $700,000 +1.6% $182 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $688,800 -- $179 / 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
2025 $14,230 $1,183,000 $603,400 $579,600
2024 $15,989 $955,000 $365,900 $589,100
2023 $15,989 $1,027,600 $470,700 $556,900
2022 $13,820 $817,900 $299,100 $518,800
2021 $13,820 $791,500 $299,100 $492,400
2020 $14,004 $793,900 $319,100 $474,800
2019 $14,759 $838,100 $369,100 $469,000
2018 $14,876 $838,100 $369,100 $469,000
2017 $14,822 $837,900 $369,100 $468,800
2016 $14,637 $845,600 $374,100 $471,500
2015 $16,002 $922,300 $474,100 $448,200
2014 $17,471 $1,035,600 $613,000 $422,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22006522

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00022-0000-00010-1