NOT LISTED FOR SALE

Estimated Value: $1,381,000 - $1,740,000

5 Beds
5.5 Baths
5,685 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $999,000 $176 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,803/month

146 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Cathedral Ceiling
  • Allentown High School Rated A-
  • Marble Flooring
  • Whirlpool Bathtub

About This Home

As of May 2014

Vacation at home and entertain friends and family in the crowned jewel of Winchester Estates, complete with beach-entry inground pool, cabana with bath, fountain, a 10-person hot tub, English countryside hedge maze, media theater, exercise room, conservatory addition, fencing, professional landscaping and hardscaping, 5 luxurious bedrooms, 5 and a half baths, and an expanded 4-car attached garage. With 3 fireplaces, Pangali ironwood floors throughout, and a dynamite cream-colored chef's gourmet kitchen and breakfast room, no stone has been left unturned when a complete renovation and transformation of this nearly new house was completed. No expense was spared in this luxurious home. Over $3 mil. invested with approximately $1.5 mil. in upgrades, additions and renovations following purchase. Entering the lavish marble foyer one is greeted by gracious formal spaces; living room, dining room, library and conservatory addition. The family room, large kitchen with breakfast room, laundry room and mudroom lead out to the terrace and manicured grounds beyond. The finished lower level is for family fun, exercise, movies and play. Truly a one-of-a-kind estate in Allentown, with proximity to downtown,schools and easy commuter access.

Last Listed By

Laura Huntsman

Callaway Henderson Sotheby's Int'l-Princeton License #9909029 Listed on: 11/20/2013

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,855

Year Built

  • Built in 2007

Lot Details

  • 1.72 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned AR

Parking

  • 4 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • French Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Allentown High School

Utilities

  • Air Filtration System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Winchester Estates Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 51-00043 05-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,855

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, French
  • Ownership: Fee Simple
  • Exclusions: Draperies Negotiable, Lighting (See List)
  • Inclusions: All Appliances, Lighting (See List), Custom Shades And Blinds
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Remarks Public: Vacation at home and entertain friends and family in the crowned jewel of Winchester Estates, complete with beach-entry inground pool, cabana with bath, fountain, a 10-person hot tub, English countryside hedge maze, media theater, exercise room, conservatory addition, fencing, professional landscaping and hardscaping, 5 luxurious bedrooms, 5 and a half baths, and an expanded 4-car attached garage. With 3 fireplaces, Pangali ironwood floors throughout, and a dynamite cream-colored chef's gourmet kitchen and breakfast room, no stone has been left unturned when a complete renovation and transformation of this nearly new house was completed. No expense was spared in this luxurious home. Over $3 mil. invested with approximately $1.5 mil. in upgrades, additions and renovations following purchase. Entering the lavish marble foyer one is greeted by gracious formal spaces; living room, dining room, library and conservatory addition. The family room, large kitchen with breakfast room, laundry room and mudroom lead out to the terrace and manicured grounds beyond. The finished lower level is for family fun, exercise, movies and play. Truly a one-of-a-kind estate in Allentown, with proximity to downtown,schools and easy commuter access.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Sprinkler System, Air Filter System, Water Treat System, Wet/Dry Bar, Dining Area
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Brick, Marble, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco, Stone
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler, Exterior Lighting, Outside Shower
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned, Energy Star Heating System, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: UPPER FREEHOLD REGIONAL SCHOOLS
  • High School: ALLENTOWN
  • School District Key: 300200396616
  • High School: ALLENTOWN

Lot Info

  • Improvement Assessed Value: 729700.00
  • Land Assessed Value: 198000.00
  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.72
  • Lot Dimensions: 1.72 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74923.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4658687
  • Tax Annual Amount: 20855.00
  • Assessor Parcel Number: 51-00043 05-00006
  • Tax Lot: 00006
  • Tax Year: 2013
  • Close Date: 05/07/2014

MLS Schools

  • School District Name: UPPER FREEHOLD REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2015
Sold by
Shanmugam Muthusamy and Shanmugam Jayanthy
Bought by
Shanmugam Jayanthy
Total Days on Market
146
Current Estimated Value
$1,582,441

Purchase Details

Listed on
Nov 20, 2013
Closed on
Apr 11, 2014
Sold by
Spitz Felicia and The Felicia Spitz Thirty Year
Bought by
Shanmugam Muthusamy and Shanmugam Jayanthy
Seller's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Sunita Krosuri
Krosuri & Associates
List Price
$1,300,000
Sold Price
$999,000
Premium/Discount to List
-$301,000
-23.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$400,000
Outstanding Balance
$309,362
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,273,079

Purchase Details

Closed on
Sep 10, 2012
Sold by
Spitz Warren and Spitz Felicia
Bought by
Warren Spitz Twenty Year Trust

Purchase Details

Closed on
Sep 5, 2012
Sold by
Spitz Warren and Spitz Felicia
Bought by
Spitz Warren and Spitz Felicia

Purchase Details

Closed on
Sep 10, 2010
Sold by
Spitz Warren and Spitz Felicia
Bought by
Felicia Spitz Thrity Year Trust

Purchase Details

Closed on
May 28, 2008
Sold by
Orleans At Upper Freehold Llc
Bought by
Monahan John J and Monahan Debra K

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
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2008
Sold by
Orleans At Upper Freehold Llc
Bought by
Spitz Warren and Spitz Felicia

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
Shanmugam Jayanthy -- Agent For Old Republic Natl
Shanmugam Muthusamy $999,000 Agent For Old Republic Natl
Warren Spitz Twenty Year Trust -- None Available
Spitz Warren -- None Available
Felicia Spitz Thrity Year Trust -- None Available
Monahan John J $1,087,486 None Available
Spitz Warren $1,509,735 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanmugam Muthusamy $400,000
Previous Owner Monahan John J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $999,000 -23.2% $176 / Sq Ft
04/16/2014 04/16/14 Price Changed $1,300,000 0.0% $229 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
02/26/2014 02/26/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $1,300,000 -- $229 / 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
2024 $24,358 $1,131,700 $131,100 $1,000,600
2023 $24,358 $1,096,700 $131,100 $965,600
2022 $24,070 $1,070,100 $140,600 $929,500
2021 $24,070 $992,600 $152,000 $840,600
2020 $23,604 $977,800 $152,000 $825,800
2019 $23,419 $977,000 $152,000 $825,000
2018 $23,958 $984,700 $190,000 $794,700
2017 $23,760 $989,600 $206,200 $783,400
2016 $22,698 $956,900 $264,100 $692,800
2015 $22,235 $947,400 $278,400 $669,000
2014 $21,606 $927,700 $198,000 $729,700
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1003677852

Bright MLS

APN: 51-00043-05-00006