NOT LISTED FOR SALE

5 Magnolia Ln Colts Neck, NJ 07722

Estimated Value: $1,883,000 - $2,333,000

5 Beds
8 Baths
6,274 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $1,125,000 $179 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,703/month

20 Days on Market

Highlights

  • Concrete Pool
  • Bay View
  • Curved or Spiral Staircase
  • Conover Road School Rated A
  • Custom Home
  • Deck

About This Home

As of January 2018

Custom 6200 sq ft home with 5 bed rooms,6 full + 2 half baths all situated on 1.34 manicured acres. Sitting on a cul-de-sac and backing to green acres is reason enough to bring your clients to view this home. First level has a great open floor plan with 9 ft ceilings and a lot of natural sunlight. Great size eat in kitchen with center island walk in pantry and plenty of windows which over look the rear yard and a 45x21 concrete heated pool. Front and back staircases, huge 2 story great room with fire place, first floor bed room w/full bath, beautiful office w/sitting area. 2nd floor has 4 generous size bedrooms all with their own baths. Lower level is a walk out with full bath,wine cellar ,gym and kitchenette.Great house for entertaining or everyday living! Some of the many great features of this home include: 5 zone heating & air conditioning, 5 car garage (tandem style), custom designed 45x21 heated concrete pool and spa, maintenance free azek deck, a Colorado blue stone patio, 18 zone in ground sprinkler system and a lower level that can easily be used as a pool house or can be converted into an 1800 sq ft mother daughter apartment.

Last Agent to Sell the Property

Christian Giamanco

EXP Realty License #0792853 Listed on: 11/14/2017

EXP Realty

Last Buyer's Agent

Robin Valinoti

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,843

Year Built

  • Built in 1996

Lot Details

  • 1.34 Acre Lot
  • Adjacent to Greenbelt
  • Fenced
  • Oversized Lot
  • Sprinkler System
  • Backs to Trees or Woods

Parking

  • 3 Car Direct Access Garage
  • Circular Driveway
  • Double-Wide Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Rolled Roof
  • Stucco Exterior

Interior Spaces

  • 6,274 Sq Ft Home
  • 2-Story Property
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Bay Window
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Loft
  • Home Gym
  • Center Hall
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Tub

Finished Basement

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

Home Security

  • Home Security System
  • Intercom

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Deck
  • 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
  • Well
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Meadows Run Subdivision, Custom Center Hall Floorplan

Listing and Financial Details

  • Assessor Parcel Number 10-00016-0000-00053-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,843

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Custom Center Hall
  • ResoLotFeatures: Oversized, Back to Woods, Border Greenway, Fenced Area
  • ResoPoolFeatures: Concrete, Heated, In Ground
  • Inclusions: Outdoor Lighting, Security System, Intercom
  • Subdivision Name: Meadows Run
  • Architectural Style: Custom, Colonial
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Den, Fitness, French Doors, Laundry Tub, Loft, Security System, Recessed Lighting
  • New Construction: No
  • Year Built: 1996
  • Contract Info New Construction: No
  • 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
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 1.34
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Lot Description Fenced Area: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Interior Den: Yes
  • Exterior Sprinkler Under: Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Roof Timberline: Yes
  • Lot Description Oversized3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • Interior Loft: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Laundry Tub: Yes
  • Rooms Loft2: Yes
  • Kitchen BayBow Window4: Yes
  • Exterior Security System3: Yes
  • Included Intercom: Yes
  • Foyer Double Door Entry: Yes
  • Lot Description Border Greenway: Yes
  • Basement Sliding Glass Door: Yes
  • Pool Concrete2: Yes
  • Rooms Library: Yes
  • Interior Fitness: Yes
  • SidingStucco: Yes
  • Foyer Circular Stair: Yes
  • Parking Circular Driveway: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Finished, Full Finished, Sliding Glass Door, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Total Bedrooms: 20
  • Stories: 2
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 1.34
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal property
  • Construction Type: Brick
  • Exterior Features: Deck, Fence, Security System, Sprinkler Under, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Paved, Double Wide Drive, Direct Access
  • General Property Info:Garage: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 5 Zone
  • Cooling Y N: Yes
  • Heating: Natural Gas, 5 Zone
  • 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

  • Lot Size Sq Ft: 58370.4
  • Parcel #: 10-00016-0000-00053-6
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 22843.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 12, 2018
Sold by
Besho Ralph W and Besho Annette
Bought by
Vasquez Stephen and Vasquez Elaine D
Seller's Agent
Christian Giamanco
EXP Realty
Buyer's Agent
Robin Valinoti
Gloria Nilson & Co. Real Estate
Sold Price
$1,125,000
Total Days on Market
20
Current Estimated Value
$2,047,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$922,438
Avg. Annual Appreciation
8.44%
Original Mortgage
$850,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Devt Meadows Run
Bought by
Besho Ralph and Besho Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
7.98%
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
Vasquez Stephen $1,125,000 --
Besho Ralph $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Stephen $220,000
Open Vasquez Stephen $1,106,250
Closed Vasquez Stephen $996,000
Closed Vasquez Stephen $100,000
Closed Vasquez Stephen $850,000
Previous Owner Besho Ralph $742,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $1,125,000 -- $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
2024 $22,042 $1,416,600 $611,700 $804,900
2023 $22,042 $1,416,600 $562,100 $854,500
2022 $19,962 $1,416,600 $393,600 $1,023,000
2021 $19,962 $1,143,400 $183,600 $959,800
2020 $19,845 $1,125,000 $223,600 $901,400
2019 $19,811 $1,125,000 $273,600 $851,400
2018 $23,238 $1,309,200 $293,600 $1,015,600
2017 $22,843 $1,291,300 $288,600 $1,002,700
2016 $22,352 $1,291,300 $278,600 $1,012,700
2015 $18,381 $1,059,400 $251,900 $807,500
2014 $18,078 $1,071,600 $302,000 $769,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21718110

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00016-0000-00053-6