NOT LISTED FOR SALE

4 Shady Tree Ln Colts Neck, NJ 07722

Estimated Value: $805,051 - $1,053,000

1.53 Acres
$607,207 Price per Acre
66,647 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $650,000 $175 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,711/month

113 Days on Market

Highlights

  • Country Club
  • Cul-De-Sac
  • Level Lot
  • Conover Road School Rated A

About This Lot

As of June 2023

Build your dream home in a gorgeous mature neighborhood! Welcome to Shady Tree Lane! This lot has an excellent location in the neighborhood. Quiet privacy awaits on one of the most desirable streets in Colts Neck.

Last Agent to Sell the Property

Jason Orrico

Orrico Realty License #0571414 Listed on: 02/21/2023

Last Buyer's Agent

Sabrina Mejias

Keller Williams Realty Central Monmouth License #1971349

Keller Williams Realty Central Monmouth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,926

Lot Details

  • 1.53 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Home Design

  • 3,718 Sq Ft Home

Schools

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

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10-00029-0000-00014-03

Community Details

Overview

  • Silverwood Subdivision

Recreation

  • Country Club

Property Details

Property Type

Land

Est. Annual Taxes

$17,926

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Level
  • Subdivision Name: Silverwood
  • General Property Info Waterview: No
  • General Property Info Acreage: 1.53
  • Location Middle School: Cedar Drive
  • Lot Description Dead End Street: Yes
  • Lot Description Cul-De-Sac: Yes
  • WaterSewer Septic - Needed: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Cable On Site: Yes
  • Location Near Country Club: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.53
  • Waterfront: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 66646.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 10-00029-0000-00014-03
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17926.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jun 24, 2023
Sold by
Racioppo Nicholas John and Racioppo Jackee Lee
Bought by
Klementowicz Edward and Klementowicz Cheryl
Seller's Agent
Jason Orrico
Orrico Realty
Buyer's Agent
Sabrina Mejias
Keller Williams Realty Central Monmouth
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
30
Current Estimated Value
$929,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,026
Avg. Annual Appreciation
15.97%
Original Mortgage
$455,000
Outstanding Balance
$426,609
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$502,417

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 29, 2018
Sold by
Weikes Herbert and Weikes Patricia F
Bought by
Racioppo Nicholas John and Racioppo Jackee Lee
Seller's Agent
Anna Appolonia
Heritage House Sotheby's International Realty
Buyer's Agent
Linda Lucash
Robert DeFalco Realty Inc.
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.07%
Original Mortgage
$679,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Klementowicz Edward $650,000 New Dawn Title
Racioppo Nicholas John $975,000 Nuco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klementowicz Edward $455,000
Previous Owner Racioppo Nicholas John $679,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $650,000 -7.0% $175 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $699,000 -28.3% $188 / Sq Ft
08/30/2018 08/30/18 Sold $975,000 -- $262 / Sq Ft View Prior Sale
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 $9,655 $679,500 $679,500 --
2024 $8,293 $648,000 $648,000 $0
2023 $8,293 $533,000 $533,000 $0
2022 $16,847 $1,079,200 $448,000 $631,200
2021 $16,847 $964,900 $365,800 $599,100
2020 $16,996 $963,500 $385,800 $577,700
2019 $16,842 $956,400 $385,800 $570,600
2018 $16,644 $937,700 $372,500 $565,200
2017 $16,671 $942,400 $362,500 $579,900
2016 $16,346 $944,300 $361,000 $583,300
2015 $16,566 $954,800 $372,700 $582,100
2014 $18,051 $1,070,000 $522,700 $547,300
Source: Public Records

Agents Affiliated with this Home

  • Jason Orrico

    Seller's Agent in 2023

    Jason Orrico

    Orrico Realty

    (908) 670-0539

    15 in this area

    38 Total Sales

    Jason Orrico
    Section Image
  • Sabrina Mejias

    Buyer's Agent in 2023

    Sabrina Mejias

    Keller Williams Realty Central Monmouth

    (908) 902-1244

    2 in this area

    51 Total Sales

    Sabrina Mejias
    Section Image
  • Anna Appolonia

    Seller's Agent in 2018

    Anna Appolonia

    Heritage House Sotheby's International Realty

    (732) 371-3233

    6 in this area

    23 Total Sales

    Anna Appolonia
    Section Image

  • L

    Buyer's Agent in 2018

    Linda Lucash

    Robert DeFalco Realty Inc.

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304684

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00029-0000-00014-3

New Jersey Monmouth County Colts Neck 07722

4 Shady Tree Ln, Colts Neck, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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