NOT LISTED FOR SALE

24 Downing Hill Ln Colts Neck, NJ 07722

Estimated Value: $2,050,000 - $2,276,000

6 Beds
8 Baths
7,384 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,950,000 $264 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,151/month

211 Days on Market

Highlights

  • Barn
  • Pool House
  • Bay View
  • Conover Road School Rated A
  • Home fronts a pond
  • Custom Home

About This Home

As of October 2023

Absolutely Stunning 5.8 Acre Colts Neck Estate Home, Nestled on a Private Cul De Sac, Offering Picturesque Views of your own Private Retreat, Fully Fenced, 5 Star Resort-like Backyard Including a Fully Equipped Outdoor Gourmet Kitchen, Inground Gunite Pool + Pool House w/ Kitchenette & Full Bathroom, Private Pond, Horse Barn, and so much more. The Gorgeous 7,000+ Sq ft Main Residence Has Been Completely Rebuilt & Modernized, Sparing No Expenses While Using Only The Highest Quality Materials, with Top Quality Craftsmanship and Incredible Attention to Detail! Enter into the Soaring Two Story Foyer Neutrally Painted w/ Gorgeous Tile Flooring, & Decorative Molding Throughout, Leading to a Spacious Sunken Living Room w/ Coffered Ceilings and Gleaming Brazilian Cherrywood Flooring. Spacious Dining Room Flows Perfectly into your BREATHTAKING Expanded, Two-Tone Chef's Kitchen, Guaranteed to WOW The Fussiest of Buyers and is a True MUST See! Relax in Your Cozy Family Room w/ Custom Stone Wall Design + Wood-Burning Fireplace. Full Finished Basement Offering Tons of Extra Living & Storage Space. Upper Level Master Bedroom Includes Balcony Access, Full Spa-like Bathroom + Large Sitting Room in Addition to Your MASSIVE, Custom Designed Walk In Closet! All Of This in one of NJs Highest Rated School Districts. Don't Miss This Opportunity!

Last Listed By

Jason Gumnitz

RE/MAX Central License #1221734 Listed on: 03/15/2023

RE/MAX Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,330

Year Built

  • 1977

Lot Details

  • 5.8 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Cedar Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 7,384 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Bay Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Center Hall
  • Bay Views
  • Attic Fan
  • Home Security System
  • Finished Basement

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • Pool House
  • Cabana
  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Pond
  • Balcony
  • Patio
  • Exterior Lighting
  • Storage Shed
  • Outbuilding
  • Outdoor Gas Grill
  • Porch

Farming

  • Barn

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

Listing and Financial Details

  • Exclusions: Dining room, first flr bed & upstairs bedroom chandeliers Gladiator fridge & cabinets in garage
  • Assessor Parcel Number 10-00012-0000-00003-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,330

Year Built

1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Pond
  • ResoPoolFeatures: Cabana, Concrete, Heated, In Ground, Pool House, With Spa
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Attic Fan, Fireplace Equipment, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Interior Features: Attic, Balcony, Bay/Bow Window, Center Hall, Dec Molding, French Doors, Sliding Door, Recessed Lighting
  • Reso Other Structures: Barn, Storage Shed
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 5.8
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Cul-De-Sac: Yes
  • Included Security System2: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Pool With Spa: Yes
  • Siding Cedar: Yes
  • Included Attic Fan: Yes
  • Foyer Floor - Marble: Yes
  • Lot Description Pond2: Yes
  • Pool Concrete2: Yes
  • Foyer Dec Molding2: Yes
  • Pool Cabana: Yes
  • Water Type Pond: Yes
  • Exterior Outbuilding: Yes
  • Pool Pool House: Yes
  • Out Buildings Barn: Yes
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 2
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances Included:Central Vacuum: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 5.8
  • Topography: Level
  • Waterfront Features: Pond
  • Waterfront: No
  • Exclusions: Dining room, first flr bed & upstairs bedroom chandeliers Gladiator fridge & cabinets in garage
  • Construction Type: Cedar
  • Exterior Features: Balcony, BBQ, Fence, Outbuilding, Patio, Porch - Open, Sprinkler Under, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 252648.0
  • Parcel #: 10-00012-0000-00003-07
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 33330.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Oct 4, 2023
Sold by
Deross Albert J and De Ross Gina
Bought by
Pagliaro Gina and Steineke Thomas
Seller's Agent
Jason Gumnitz
RE/MAX Central
Buyer's Agent
Jennifer Bernabeo
EXP Realty
List Price
$2,275,000
Sold Price
$1,950,000
Premium/Discount to List
-$325,000
-14.29%
Total Days on Market
211
Views
316
Current Estimated Value
$2,162,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,898
Avg. Annual Appreciation
7.01%
Original Mortgage
$1,560,000
Outstanding Balance
$1,536,666
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$626,232

Purchase Details

Listed on
Jan 6, 2016
Closed on
Apr 7, 2016
Sold by
Vivolo Philip and Vivolo Maria
Bought by
Deross Albert J and Deross Gina M
Seller's Agent
Sandra Ferko
VRI Homes
Buyer's Agent
Robin Krant
Coldwell Banker Realty
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$650,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2001
Sold by
Antico Anthony
Bought by
Vivolo Philip and Vivola Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.15%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Liberty Sav
Bought by
Antico Anthony and Antico Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.15%

Purchase Details

Closed on
Nov 8, 1994
Sold by
38 3Rd Avenue Inc
Bought by
Rodiguez Edwin and Rodiguez Pitayaporn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
9.13%

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
Pagliaro Gina $1,950,000 Clearpoint Title
Pagliaro Gina $1,950,000 Clearpoint Title
Deross Albert J $1,550,000 Fidelity National Title
Vivolo Philip $680,000 --
Antico Anthony $550,000 --
Rodiguez Edwin $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagliaro Gina $1,560,000
Closed Pagliaro Gina $1,560,000
Previous Owner Deross Albert J $650,000
Previous Owner Vivolo Philip $500,000
Previous Owner Vivolo Philip $500,000
Previous Owner Vivolo Philip $300,000
Previous Owner Vivolo Philip $480,000
Previous Owner Rodiguez Edwin $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $1,950,000 0.0% $264 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
07/16/2023 07/16/23 Off Market $1,950,000 -- --
03/15/2023 03/15/23 For Sale $2,275,000 +46.8% $308 / Sq Ft
04/07/2016 04/07/16 Sold $1,550,000 -- $215 / 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 $36,953 $2,014,400 $635,900 $1,378,500
2023 $36,953 $2,374,900 $468,300 $1,906,600
2022 $33,272 $2,006,600 $413,300 $1,593,300
2021 $33,272 $1,905,600 $393,300 $1,512,300
2020 $32,662 $1,851,600 $393,300 $1,458,300
2019 $32,290 $1,833,600 $393,300 $1,440,300
2018 $32,227 $1,815,600 $393,300 $1,422,300
2017 $31,800 $1,797,600 $393,300 $1,404,300
2016 $30,661 $1,771,300 $393,300 $1,378,000
2015 $30,885 $1,780,100 $409,400 $1,370,700
2014 $28,534 $1,691,400 $474,400 $1,217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306404

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00012-0000-00003-7