NOT LISTED FOR SALE

35 Rancho Polo Colts Neck, NJ 07722

Estimated Value: $3,037,438 - $3,435,000

6 Beds
5.5 Baths
7,715 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $2,250,000 $292 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $20,695/month

229 Days on Market

Highlights

  • Custom Home
  • 2.85 Acre Lot
  • New Kitchen
  • Conover Road School Rated A
  • Curved or Spiral Staircase
  • Atrium Room

About This Home

As of August 2021

This beautifull and luxurious home is located in the much sought after and desirable ''Rancho Polo'' Community of Colts Neck Township. Timeless luxury and style presents itself in this ''European-Style Chateau'' where craftsmanship and architectural detail are authentic to the core. Privacy Abounds with Custom Designs that are evident from the four-sided hand selected brick exterior the elegant hand carved interior moldings in this opulent home. From the moment you step into the Grand Foyer your will be swept away by intricate detail. See Full Spec Sheet for More.

Last Agent to Sell the Property

Laura Maguire

Keller Williams Realty Central Monmouth License #0019236 Listed on: 06/04/2021

Keller Williams Realty Central Monmouth

Co-Listed By

MaryBeth Tomaro

Keller Williams Realty Central Monmouth License #9131811

Last Buyer's Agent

John Natale

Real Broker, LLC License #0790719

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,128

Year Built

  • Built in 2003

Lot Details

  • 2.85 Acre Lot
  • Oversized Lot
  • Sprinkler System

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • Double-Wide Driveway
  • Paver Block

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,715 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Bay Window
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Music Room
  • Atrium Room
  • Conservatory Room
  • Home Gym
  • Center Hall
  • Walkup Attic

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Conover Road Elementary School
  • Cedar Drive Middle School
  • Freehold Regional High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Well
  • Natural Gas Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Exclusions: Window Treatment & Light Fixtures (negotiable), Owners Personal Property and Belongings.
  • Assessor Parcel Number 10-00048-0000-00023-09

Community Details

Overview

  • No Home Owners Association
  • Rancho Polo Subdivision

Additional Features

  • Billiard Room
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,128

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Co List Office Mls Id: 3190
  • Co List Office Phone: 732-945-5253
  • Inclusions: Outdoor Lighting, Washer, Water Softener, Counter Top Range, Dishwasher, Central Vacuum, Dryer, Double Oven, Microwave, Security System, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking, Generator, Intercom
  • Subdivision Name: Rancho Polo
  • Architectural Style: Custom, Colonial, Other - See Remarks
  • Reso Flooring: Marble, Wood, See Remarks, Other
  • Reso Interior Features: Atrium, Attic - Walk Up, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Center Hall, Conservatory, Dec Molding, Fitness, In-Law Suite, Security System, Sliding Door, Spiral Stairs, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 2003
  • 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: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Exterior Controlled Access: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 2.85
  • General Property Info Farm: No
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Utilities Included Generator: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Kitchen Butler Pantry: Yes
  • Interior Attic - Walk Up: Yes
  • Living Room BayBow Window2: Yes
  • Kitchen BayBow Window4: Yes
  • Dining Room BayBow Window3: Yes
  • Interior Atrium: Yes
  • Interior Spiral Stairs: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Included Intercom: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Double Door Entry: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • Rooms Billiard Room: Yes
  • Interior Fitness: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Circular Stair: Yes
  • Parking Circular Driveway: Yes
  • Rooms Exercise Room2: Yes
  • Interior Conservatory: Yes
  • GreatFamily Room Ceilings - Beamed3: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Kitchen Floor - Marble7: Yes
  • Rooms In-Law-Suite: Yes
  • Rooms Music: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Total Bedrooms: 20
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Den2: Yes
  • OtherRoomsOther2: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom Level:Second43: 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 Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 2.85
  • Waterfront: No
  • Exclusions: Window Treatment & Light Fixtures (negotiable), Owners Personal Property and Belongings.
  • Construction Type: Brick
  • Exterior Features: Controlled Access, Patio, Porch - Open, Security System, Sprinkler Under, Other, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Paver Block, Double Wide Drive, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Included Water Softener: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 124146.0
  • Parcel #: 10-00048-0000-00023-09
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 29128.0

MLS Schools

  • Elementary School: Conover Road
  • High School: Freehold Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 17, 2021
Sold by
Petrou Theodore and Petrou Chrystalla
Bought by
Bashir Nadeem and Bashir Barkatali Sadaf
Seller's Agent
Laura Maguire
Keller Williams Realty Central Monmouth
Buyer's Agent
John Natale
Real Broker, LLC
List Price
$2,499,000
Sold Price
$2,250,000
Premium/Discount to List
-$249,000
-9.96%
Current Estimated Value
$3,213,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,479
Avg. Annual Appreciation
9.34%
Original Mortgage
$1,130,000
Outstanding Balance
$1,000,753
Interest Rate
2.8%
Mortgage Type
Small Business Administration
Estimated Equity
$2,212,726

Purchase Details

Closed on
Jun 8, 2001
Sold by
Rancho Polo Llc
Bought by
Petrou Theodore and Petrou Chrystalla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.14%
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
Bashir Nadeem $2,250,000 Quality Ttl & Abstract Agcy
Petrou Theodore $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashir Nadeem $1,130,000
Closed Bashir Nadeem $724,000
Open Bashir Nadeem $1,800,000
Previous Owner Petrou Theodore $200,000
Previous Owner Petrou Theodore $550,000
Previous Owner Pelrou Theodore $0
Previous Owner Petrou Theodore $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $2,250,000 -10.0% $292 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $2,499,000 0.0% $324 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
01/28/2021 01/28/21 Price Changed $2,499,000 -7.4% $324 / Sq Ft
12/04/2020 12/04/20 For Sale $2,699,000 -- $350 / 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 $38,219 $2,770,100 $1,028,300 $1,741,800
2024 $35,245 $2,565,000 $871,300 $1,693,700
2023 $35,245 $2,265,100 $646,300 $1,618,800
2022 $26,475 $2,093,000 $568,500 $1,524,500
2021 $26,475 $1,621,100 $418,500 $1,202,600
2020 $29,129 $1,651,300 $463,500 $1,187,800
2019 $32,209 $1,829,000 $498,500 $1,330,500
2018 $35,638 $2,007,800 $678,500 $1,329,300
2017 $35,490 $2,006,200 $678,500 $1,327,700
2016 $36,486 $2,107,800 $773,500 $1,334,300
2015 $32,703 $1,884,900 $778,500 $1,106,400
2014 $29,134 $1,727,000 $777,000 $950,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22042375

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00048-0000-00023-9