NOT LISTED FOR SALE

31 Downing Hill Ln Colts Neck, NJ 07722

Estimated Value: $2,187,000 - $2,652,000

4 Beds
8 Baths
5,081 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $1,315,000 $259 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $15,037/month

120 Days on Market

Highlights

  • Pool House
  • Granite Flooring
  • Fireplace in Primary Bedroom
  • Conover Road School Rated A
  • New Kitchen
  • Deck

About This Home

As of August 2017

This elegantly appointed custom four bedroom, seven bathroom home sits at the end of a cul-de-sac on just over 5 acres and offers inviting views of the property. Architectural details with the finest of workmanship are evident throughout the home. The gourmet kitchen features updated appliances—Thermidorian six burner griddle, deep fryer, grill, three ovens, and a warmer drawer. On the first floor, the master suite boasts two full bathrooms, a jacuzzi, three walk-in closets, a double-sided gas fireplace, sitting room and an office. The suite abuts a beautiful conservatory which leads to a Trex deck and the spacious yard. Dual staircases lead to three upstairs bedrooms. The full finished basement includes a bar, great room, full bathroom and a separate workshop, greenhouse and garage. Outside, beautiful gardens, patios, deck, gazebo, outdoor kitchen, heated pool, and pool house amenities provide a resort-like feeling.

Last Agent to Sell the Property

Marlene Albrecht

Heritage House Sotheby's International Realty Brokerage Phone: 732-735-1765 License #1109120 Listed on: 03/22/2017

Heritage House Sotheby's International Realty

Last Buyer's Agent

Justin Leach

C21/ Pacesetter Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,313

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • Electric Fence
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • French Doors
  • Great Room
  • Sitting Room
  • Sunken Living Room
  • Dining Room
  • Home Office
  • Workroom
  • Recreation Room
  • Storage
  • Center Hall
  • Home Security System
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor
  • Marble Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Workshop

Pool

  • Pool House
  • Heated In Ground Pool
  • Vinyl Pool
  • Fence Around Pool

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Gazebo
  • Shed
  • Storage Shed
  • Outdoor Gas Grill
  • Porch

Schools

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

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Downing Hill Subdivision

Listing and Financial Details

  • Exclusions: Dining Room wall sconces
  • Assessor Parcel Number 10-00012-0000-00003-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,313

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-735-1765
  • ResoLotFeatures: Back to Woods, Cul-De-Sac, Stream, Wooded
  • ResoPoolFeatures: Fenced, Heated, In Ground, Pool House, Vinyl
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Compactor, Dryer, Light Fixtures, Security System, Stove, Stove Hood, Refrigerator, Garage Door Opener, Gas Grill, Gas Cooking, Generator
  • Subdivision Name: Downing Hill
  • Architectural Style: Expanded Ranch
  • Reso Flooring: Granite, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Attic - Other, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Dec Molding, French Doors, Security System, Wet Bar, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1986
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Farm: No
  • Location Middle School: Cedar Drive
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 4.0
  • Interior Attic: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Pool Vinyl2: Yes
  • Basement Workshop Workbench: Yes
  • Utilities Included Generator: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Basement Heated: Yes
  • Rooms Sitting: Yes
  • Lot Description Cul-De-Sac: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Exterior Gazebo: Yes
  • Floors Tile: Yes
  • Style Expanded Ranch: Yes
  • Living Room Sunken: Yes
  • Exterior Security System3: Yes
  • Lot Description Wooded: Yes
  • Rec Room Level Basement9: Yes
  • Foyer Dec Molding2: Yes
  • SidingStucco: Yes
  • Dining Room French Doors3: Yes
  • Floors Granite: Yes
  • Parking Circular Driveway: Yes
  • GreatFamily Room Sunken3: Yes
  • Rooms Work Room: Yes
  • Work Room Level Basement4: Yes
  • Pool Pool House: Yes
  • Lot Description Stream2: Yes
  • Exterior Fence - Electric: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated, Workshop/ Workbench, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Total Bedrooms: 20
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office2: Yes
  • Appliances Included:Compactor: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Marble7: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bath Bidet: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: Dining Room wall sconces
  • Construction Type: Brick
  • Exterior Features: BBQ, Deck, Fence, Fence - Electric, Gazebo, Patio, Porch - Open, Private Storage, Security System, Shed, Storage, Terrace, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Paver Block, Asphalt, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Parcel #: 10-00012-0000-00003-5
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 22313.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Aug 30, 2017
Sold by
Hammill Frances
Bought by
Iannacone Ronald J
Seller's Agent
Marlene Albrecht
Heritage House Sotheby's International Realty
Buyer's Agent
Justin Leach
C21/ Pacesetter Realty Group
Sold Price
$1,315,000
Current Estimated Value
$2,360,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,045,047
Avg. Annual Appreciation
7.59%
Original Mortgage
$500,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2016
Sold by
Bertone Frances and Hamill Frances Hamill
Bought by
Hamill Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%
Source: Public Records

Range of Values:

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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
Iannacone Ronald J $1,315,000 Fidelity National Title
Hamill Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannacone Ronald J $500,000
Open Iannacone Ronald J $765,000
Closed Iannacone Ronald J $765,000
Previous Owner Iannacone Ronald J $500,000
Previous Owner Hamill Frances --
Previous Owner Hamill James $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $1,315,000 -- $259 / 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 $26,440 $1,852,400 $569,400 $1,283,000
2024 $24,239 $1,774,500 $569,400 $1,205,100
2023 $24,239 $1,557,800 $418,600 $1,139,200
2022 $23,772 $1,433,600 $369,100 $1,064,500
2021 $23,772 $1,361,500 $351,100 $1,010,400
2020 $23,380 $1,325,400 $351,100 $974,300
2019 $23,129 $1,313,400 $351,100 $962,300
2018 $23,299 $1,312,600 $351,100 $961,500
2017 $23,006 $1,300,500 $351,100 $949,400
2016 $22,313 $1,289,000 $351,100 $937,900
2015 $22,191 $1,279,000 $365,200 $913,800
2014 $20,870 $1,237,100 $423,700 $813,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21710905

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00012-0000-00003-5