NOT LISTED FOR SALE

5 Pegasus Dr Colts Neck, NJ 07722

Estimated Value: $2,805,000 - $3,019,000

6 Beds
8 Baths
8,763 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $1,690,000 $193 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $19,111/month

12 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Granite Flooring
  • Conover Road School Rated A
  • Custom Home
  • 10 Acre Lot

About This Home

As of October 2020

Luxury Opportunity Knocks!! Magnificent 8,763 Sq Foot, 6 BR 6.5 Bath FARM ASSESSED 10 Acre Estate located in the heart of Colts Neck. This luxury property features awesome Front Yard w/ Circular Driveway, Four Sided Brick Exterior Double Door Entry leads to Grand Two Story Entrance that extends to Two Story Great Room - a True WOW first impression!! Massive Center Island Kitchen w/ high end Appliances, Eat In Area, w/ French Doors to Granite Patio overlooking In Ground Pool & Tennis Court, 1st Floor Office, Den, and In Law Suite. Five Generous Sized Bedrooms on Second Level plus Rec Room, including Master Bedroom suite w/ Sitting Area & Peaceful Balcony to enjoy the countryside views, huge 14 course Walkout Basement makes this, the perfect Colts Neck luxury Estate for you, the next Owner

Last Agent to Sell the Property

John Natale

Keller Williams Realty West Monmouth Listed on: 07/03/2020

Co-Listed By

Raymond Epshteyn

Keller Williams Realty Central Monmouth License #1973268

Last Buyer's Agent

John Natale

Real Broker, LLC License #0790719

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,827

Year Built

  • Built in 2000

Lot Details

  • 10 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

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

Interior Spaces

  • 8,763 Sq Ft Home
  • 2-Story Property
  • Curved or Spiral Staircase
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Library
  • Recreation Room
  • Conservatory Room
  • Center Hall
  • Laundry Tub
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Marble
  • Ceramic Tile

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
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Basement

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

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Cedar Drive Elementary And 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

Listing and Financial Details

  • Assessor Parcel Number 10-00017-0000-00006-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,827

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Fenced Area, Oversized
  • ResoPoolFeatures: In Ground, Vinyl
  • Co List Office Mls Id: 1693
  • Co List Office Phone: 732-536-9010
  • Inclusions: Dishwasher, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Granite, W/W Carpet, Wood
  • Reso Interior Features: Attic, Balcony, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Conservatory, Dec Molding, In-Law Suite, Laundry Tub, Spiral Stairs, Recessed Lighting
  • New Construction: No
  • Year Built: 2000
  • 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
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 10.0
  • General Property Info Farm: Yes
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: 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 Attic: Yes
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Dead End Street: Yes
  • Exterior Sprinkler Under: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Roof Timberline: Yes
  • Pool Vinyl2: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen French Doors5: Yes
  • Rooms Sitting: Yes
  • Lot Description Cul-De-Sac: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Tennis Court(s): Yes
  • Interior Laundry Tub: Yes
  • Interior Spiral Stairs: Yes
  • Foyer Floor - Marble: Yes
  • Rooms Library: Yes
  • Foyer Dec Molding2: Yes
  • Floors Granite: Yes
  • Parking Circular Driveway: Yes
  • Interior Conservatory: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Total Bedrooms: 15
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Floor - Marble2: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 10.0
  • Topography: Level
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio, Sprinkler Under, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Driveway, Direct Access
  • 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, 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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 435600.0
  • Parcel #: 10-00017-0000-00006-02
  • Zoning Description: Residential, Single Family, Agricultural

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 32827.0

MLS Schools

  • Elementary School: Cedar Drive
  • High School: Colts Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 9, 2020
Sold by
Babar Qurban and Babar Margis
Bought by
Bachan Aman and Bachan Amit
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
John Natale
Real Broker, LLC
List Price
$1,795,000
Sold Price
$1,690,000
Premium/Discount to List
-$105,000
-5.85%
Current Estimated Value
$2,945,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,909
Avg. Annual Appreciation
12.09%
Original Mortgage
$1,290,000
Interest Rate
2.71%
Mortgage Type
New Conventional
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
Bachan Aman $1,690,000 Quality Ttl & Abstract Agcy
Bachan Aman $1,690,000 Quality Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachan Aman $5,000,000
Closed Bachan Aman $2,600,000
Closed Bachan Aman $339,130
Previous Owner Bachan Aman $1,290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $1,690,000 -5.8% $193 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $1,795,000 -- $205 / 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 $38,207 $2,788,100 $650,000 $2,138,100
2024 $38,141 $2,564,200 $500,000 $2,064,200
2023 $38,141 $2,451,200 $500,000 $1,951,200
2022 $32,002 $1,912,200 $352,500 $1,559,700
2021 $32,002 $1,832,900 $352,500 $1,480,400
2020 $30,822 $1,747,300 $302,500 $1,444,800
2019 $32,827 $1,864,100 $420,000 $1,444,100
2018 $33,065 $1,862,800 $420,000 $1,442,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022145

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00017-0000-00006-02