NOT LISTED FOR SALE

4 Michaels Way Colts Neck, NJ 07722

Estimated Value: $3,566,537 - $4,519,000

7 Beds
9 Baths
10,000 Sq Ft
$396/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $2,600,000 $260 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $25,908/month

85 Days on Market

Highlights

  • Home Theater
  • Pool and Spa
  • Custom Home
  • Conover Road School Rated A
  • Bay View
  • Curved or Spiral Staircase

About This Home

As of December 2020

Luxury Living at it's finest. This one of a kind home has been featured in magazines. The resort property is perfect for entertaining. Located in this exclusive Colts Neck enclave is a stunningly designed estate. This Colonial-style smart home combines new construction with unique details, including arched doorways, beautiful wood floors, wrought iron railings, and a gorgeous wooden spiral staircase. Situated on a private cul-de-sac and surrounded by 3.82 gated-acres of spacious, landscaped lawns and outdoor entertaining, this stately home is an idyllic retreat. The spacious eat-in kitchen features Viking appliances, custom cabinetry, and a large center island. A cozy, bookshelf lined study features a unique spiral staircase to the second floor. The mastersuite features a balcony overlooking the magnificent grounds. This resort property is only minutes to area beaches and NYC transportation. It is also ready for immediate occupancy.

Last Agent to Sell the Property

Andrea DiPilato

Preferred Properties Real Estate License #1432576 Listed on: 06/08/2020

Last Buyer's Agent

Audrey Nelson

Berkshire Hathaway HomeServices Fox & Roach - Perrineville License #8931916

Berkshire Hathaway HomeServices Fox & Roach - Perrineville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,220

Year Built

  • Built in 2008

Lot Details

  • 3.82 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Mirrored Walls
  • Shingle Roof

Interior Spaces

  • 10,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Curved or Spiral Staircase
  • Home Theater Equipment
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • 3 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Clerestory Windows
  • Bay Window
  • Window Screens
  • Double Door Entry
  • French Doors
  • Family Room
  • Sitting Room
  • Sunken Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Conservatory Room
  • Home Gym
  • Center Hall
  • Bay Views
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Marble Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Basement

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

Home Security

  • Home Security System
  • Intercom

Pool

  • Pool and Spa
  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Gas Grill

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
  • Radiant Heating System
  • Programmable Thermostat
  • Power Generator
  • Well
  • Natural Gas Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1

Community Details

Overview

  • Somerset Est Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,220

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Fenced Area, Irregular Lot
  • ResoPoolFeatures: Concrete, Fenced, In Ground, With Spa
  • Reso Association Amenities: Association
  • Inclusions: Outdoor Lighting, Washer, Water Softener, Timer Thermostat, Dishwasher, Central Vacuum, Dryer, Double Oven, Light Fixtures, Microwave, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Freezer, Garage Door Opener, Gas Grill, Generator, Intercom
  • Subdivision Name: Somerset Est
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Marble, Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Bay/Bow Window, Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Center Hall, Clerestories, Conservatory, Dec Molding, Den, Fitness, French Doors, Home Theater Equip, Housekeeper Qtrs, In-Law Suite, Laundry Tub, Security System, Spiral Stairs, Wall Mirror, Wet Bar, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 2008
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 3.82
  • General Property Info Farm: No
  • Location Middle School: Cedar Drive
  • Interior Attic - Pull Down Stairs: Yes
  • 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
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Irregular Lot: Yes
  • Living Room French Doors2: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Parking Concrete: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Rooms Bonus Room2: Yes
  • Utilities Included Generator: Yes
  • Kitchen Ceramic Tile3: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Basement Heated: Yes
  • Rooms Sitting: Yes
  • Lot Description Cul-De-Sac: Yes
  • Interior Wall Mirror: Yes
  • Included Gas Grill: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Pool With Spa: Yes
  • Interior Laundry Tub: Yes
  • Floors Tile: Yes
  • Rooms Loft2: Yes
  • Living Room BayBow Window2: Yes
  • Kitchen BayBow Window4: Yes
  • Dining Room BayBow Window3: Yes
  • Interior Bonus Room: Yes
  • Interior Spiral Stairs: Yes
  • Living Room Sunken: Yes
  • Exterior Rec Area: Yes
  • Included Intercom: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Double Door Entry: Yes
  • Floors Marble: Yes
  • GreatFamily Room French Doors4: Yes
  • Pool Concrete2: Yes
  • Rooms Library: Yes
  • Interior Fitness: Yes
  • Foyer Dec Molding2: Yes
  • Interior Housekeeper Qtrs: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Interior Conservatory: Yes
  • GreatFamily Room Sunken3: Yes
  • Interior Home Theater Equip: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 3
  • Total Bedrooms: 20
  • Stories: 3
  • 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:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Office2: Yes
  • Appliances Included:Freezer: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 3.82
  • Topography: Level
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: BBQ, Fence, Patio, Rec Area, Sprinkler Under, Terrace, Thermal Window, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Concrete, Stamped, Direct Access
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 5 Zone
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Forced Air, 5 Zone
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Included Water Softener: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 166399.2
  • Parcel #: 1
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 35220.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Dec 22, 2020
Sold by
Casaburi Kimberly A and Casaburi Eric
Bought by
Dey Gregory S and Dey Beverly B
Seller's Agent
Andrea DiPilato
Preferred Properties Real Estate
Buyer's Agent
Audrey Nelson
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
List Price
$2,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$200,000
-7.14%
Total Days on Market
85
Current Estimated Value
$3,958,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,358,884
Avg. Annual Appreciation
9.96%
Original Mortgage
$1,600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2008
Sold by
Aspen Building At Somerset Estates Inc
Bought by
Casaburi Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Dey Gregory S $2,600,000 Watson Abstract Setmnt Svcs
Dey Gregory S $2,600,000 National Title
Casaburi Kimberly A $2,760,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dey Gregory S $1,600,000
Previous Owner Casaburi Eric $900,000
Previous Owner Casaburi Eric $950,000
Previous Owner Casaburi Eric $250,000
Previous Owner Casaburi Kimberly A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $2,600,000 -6.5% $260 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $2,780,000 -0.7% $278 / Sq Ft
06/08/2020 06/08/20 For Sale $2,800,000 -- $280 / 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 $43,822 $3,141,500 $890,700 $2,250,800
2023 $43,822 $2,816,300 $665,700 $2,150,600
2022 $39,582 $2,601,200 $576,300 $2,024,900
2021 $39,582 $2,267,000 $426,300 $1,840,700
2020 $35,280 $2,000,000 $471,300 $1,528,700
2019 $35,220 $2,000,000 $506,300 $1,493,700
2018 $52,480 $2,956,600 $686,300 $2,270,300
2017 $44,623 $2,522,500 $686,300 $1,836,200
2016 $43,041 $2,486,500 $211,300 $2,275,200
2015 $43,156 $2,487,400 $247,600 $2,239,800
2014 $41,524 $2,461,400 $390,700 $2,070,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22018340

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00051-0000-00001-5