NOT LISTED FOR SALE

5 Preakness Dr Monroe Township, NJ 08831

Estimated Value: $1,549,000 - $1,711,239

5 Beds
4.5 Baths
-- Sq Ft
0.71 Acres

Last Sold May 16, 2019

Last sale price $975,000

Est. 69% increase in value since last sale

Current estimated payment $11,116/month

56 Days on Market

Highlights

  • Gourmet Kitchen
  • 0.71 Acre Lot
  • Colonial Architecture
  • Oak Tree Elementary School Rated A
  • Curved or Spiral Staircase
  • Wood Flooring

About This Home

As of May 2019

This stunning custom Stone-Faced Colonial home in prestigious Colts Run at Monroe will take your breath away! Highly customized details throughout the expansive 4,500+ square foot home seamlessly blend old-world architecture with modern interior elegance. Upon entry, the grand foyer leads into a voluminous layout highlighted by beautiful hardwood floors and ample natural light. On either side, a casual living and formal dining room sit, with the expansive family room laying just beyond. A custom gourmet chefs kitchen is a focal point of the home, replete with large center island, granite countertops, and upgraded stainless steel Jenn-Air appliances. Upstairs, an oversized master suite presents tray ceilings, massive windows, luxurious en suite bathroom and an opulent sitting room with gas fireplace. Three of the five bedrooms can be found just down the hall, sharing two full bathrooms with granite countertops and upgraded hardware. The final bedroom, a highly sought after in-law suite, is situated just below on the home s first floor. A spacious back yard, large unfinished basement, and three car garage all serve in adding a seemingly endless amount of space to the property. An easy commute to all major transit, close proximity to one-stop shopping, and highly sought after school systems nearby make this home a buyers dream.

Last Agent to Sell the Property

Randy Snyder

Compass New Jersey, LLC - Princeton License #570687 Listed on: 02/01/2019

Compass New Jersey, LLC - Princeton

Last Buyer's Agent

Ellen Dynov-Dell'Alba

Keller Williams Realty Monmouth/Ocean License #898585

Keller Williams Realty Monmouth/Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,380

Year Built

  • Built in 2017

Lot Details

  • 0.71 Acre Lot
  • South Facing Home
  • Sprinkler System
  • Property is zoned R30

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Central Vacuum
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Gas Oven or Range
  • <<builtInRangeToken>>
  • Stove
  • <<microwave>>
  • Ice Maker
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Dehumidifier
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Toll Brothers
  • Duke Aberdeen

Listing and Financial Details

  • Tax Lot 00001 3
  • Assessor Parcel Number 12-00017-00001 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,380

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All appliances, washer, dryer, light fixtures and window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-02-01
  • Year Built: 2017
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Central Vacuum, Built-In Range, Dryer - Gas, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Carpet, Central Vacuum, Crown Moldings, Curved Staircase, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Sprinkler System, Walk-In Closet(s), Window Treatments, Wood Floors, Breakfast Area, Built-Ins, Butlers Pantry, Wet/Dry Bar
  • Other Equipment: Some
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Bedroom 1, 2nd Stry Fam Ovrlk, Study, In-Law/AuPair/Suite, Laundry, Storage Room, Bathroom 1, Bathroom 2, Bathroom 3, Attic, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Exterior Lighting, Underground Lawn Sprinkler
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Asphalt Driveway
  • Garage Features: Built In, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 96.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned, Programmable Thermostat, Dehumidifier
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONROE TOWNSHIP
  • School District Key: 300200397492
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31029.00
  • Zoning: R30

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22380.00
  • Assessor Parcel Number: 12-00017-00001 3
  • Tax Lot: 00001 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/16/2019

MLS Schools

  • School District Name: MONROE TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 14, 2019
Sold by
Ramaswami Srikant and Ramaswami Priya
Bought by
Pathi Apoorva and Kayithi Goutham
Seller's Agent
Randy Snyder
Compass New Jersey, LLC - Princeton
Buyer's Agent
Ellen Dynov-Dell'Alba
Keller Williams Realty Monmouth/Ocean
List Price
$1,095,000
Sold Price
$975,000
Premium/Discount to List
-$120,000
-10.96%
Current Estimated Value
$1,651,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,746
Avg. Annual Appreciation
7.78%
Original Mortgage
$731,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Toll Nj Ii Lp
Bought by
Ramaswami Srikant and Ramaswami Priya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pathi Apoorva $975,000 First Intergrity Title Agcy
Ramaswami Srikant $968,544 Westminster Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pathi Apoorva $705,000
Closed Pathi Apoorva $731,250
Previous Owner Ramaswami Srikant $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $975,000 -2.5% --
03/30/2019 03/30/19 Pending -- -- --
03/13/2019 03/13/19 Price Changed $999,999 -8.7% --
02/01/2019 02/01/19 For Sale $1,095,000 -- --
Source: Bright MLS

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 $23,929 $882,000 $317,800 $564,200
2023 $23,929 $882,000 $317,800 $564,200
2022 $23,152 $868,100 $317,800 $550,300
2021 $17,275 $868,100 $317,800 $550,300
2020 $23,074 $868,100 $317,800 $550,300
2019 $22,553 $868,100 $317,800 $550,300
2018 $22,380 $868,100 $317,800 $550,300
2017 $6,162 $242,800 $242,800 $0
2016 $6,070 $242,800 $242,800 $0
2015 $5,924 $242,800 $242,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX116290

Bright MLS

APN: 12-00017-0000-00001-3