$1,650,000
SOLD DEC 16, 2022

5 Shady Tree Ln Colts Neck, NJ 07722

4 Beds
5 Baths
4,582 Sq Ft
1.37 Acres

Recently Sold

$360 Per Sq Ft

17% Below List Price

51 Days on Market

Highlights

  • Cabana
  • Garage Apartment
  • Custom Home
  • Conover Road School Rated A
  • Bay View
  • Backs to Trees or Woods

About This Home

As of December 2024

Spectacular colonial situated on 1.37 acres in private cul de sac w/professionally designed landscaping & resort style yard. Enter the soaring 2 story foyer w/wrought iron railings, custom architectural millwork & impeccable HWFs throughout. Spacious kitchen with oversized windows allowing abundance of light w/sliders to covered patio and outdoor kitchen. Open floor plan w/sunken 2 story coffered ceiling FR w/WB-FPL. Home office w/custom built-ins. Stunning MSTR. BDRM w/accent wood beams. ADDL BEDRMS with vaulted ceilings. FIN BSMT w/BR & walkout access to outdoor KIT/Cov. Porch area leading to DET.CABANA, SALTWATER GUNITE POOL with 28FT WATERSLIDE & oversized circular HOT TUB! Central vac, generator, radiant heat, and MUCH MORE TO SEE!

Last Agent to Sell the Property

Debra Annunziata

Keller Williams Realty West Monmouth License #1329396 Listed on: 09/06/2022

Keller Williams Realty West Monmouth

Last Buyer's Agent

Thomas Rebele

Keller Williams Realty Central Monmouth License #1973183

Keller Williams Realty Central Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,062

Year Built

  • Built in 1997

Lot Details

  • 1.37 Acre Lot
  • Fenced
  • Sprinkler System
  • Backs to Trees or Woods

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Apartment

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 4,582 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Sliding Doors
  • Sunken Living Room
  • Bonus Room
  • Center Hall
  • Wood Flooring
  • Bay Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only

Basement

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

Pool

  • Cabana
  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 10-00029-0000-00014-14

Community Details

Overview

  • Association fees include common area

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,062

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Cabana, Concrete, Gunite, Heated, In Ground, With Spa
  • Reso Association Fee Includes: Common Area
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Interior Features: Bay/Bow Window, Bonus Room, Built-Ins, Ceilings - Beamed, Center Hall, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 1997
  • 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 Sliding Door: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 1.37
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Exterior Sprinkler Under: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Hot Tub2: Yes
  • Pool With Spa: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Interior Ceilings - Beamed: Yes
  • Pool Concrete2: Yes
  • PoolGunite: Yes
  • Foyer Dec Molding2: Yes
  • Pool Cabana: Yes
  • Garage Apt Above Garage: Yes
  • GreatFamily Room Sunken3: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.37
  • Waterfront: No
  • Exterior Features: BBQ, Fence, Hot Tub, Patio, Security System, Sprinkler Under, Swimming, Porch - Covered, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Radiant, Baseboard
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Baseboard: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Parcel #: 10-00029-0000-00014-14

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18062.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 20, 2024
Sold by
Sheth Rishi and Patel Meera
Bought by
Warnke Gregory
Seller's Agent
Thomas Rebele
Keller Williams Realty Central Monmouth
Buyer's Agent
Thomas Rebele
Keller Williams Realty Central Monmouth
List Price
$1,899,000
Sold Price
$2,100,000
Premium/Discount to List
$201,000
10.58%
Total Days on Market
51
Views
35
Current Estimated Value
$2,119,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,977
Avg. Annual Appreciation
1.95%

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 12, 2022
Sold by
Savo Gino and Savo Christine
Bought by
Sheth Rishi and Patel Meera
Seller's Agent
Debra Annunziata
Keller Williams Realty West Monmouth
Buyer's Agent
Thomas Rebele
Keller Williams Realty Central Monmouth
List Price
$1,999,000
Sold Price
$1,650,000
Premium/Discount to List
-$349,000
-17.46%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$1,155,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2008
Sold by
Petruzzi Mark V and Petruzzi Michelle
Bought by
Savo Gino and Savo Christine

Purchase Details

Closed on
Jun 15, 1998
Sold by
Aspen Building
Bought by
Petruzzi Mark and Petruzzi Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.09%
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 Type Sale Price Title Company
Deed $2,100,000 Trident Abstract Title
Deed $2,100,000 Trident Abstract Title
Deed $1,650,000 Two Rivers Title
Bargain Sale Deed $1,195,000 None Available
Deed $555,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,155,000 New Conventional
Previous Owner $150,030 Credit Line Revolving
Previous Owner $444,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $2,100,000 +10.6% $471 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $1,899,000 +15.1% $426 / Sq Ft
12/16/2022 12/16/22 Sold $1,650,000 -2.9% $360 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $1,699,999 -8.1% $371 / Sq Ft
09/18/2022 09/18/22 Price Changed $1,849,999 -7.5% $404 / Sq Ft
09/06/2022 09/06/22 For Sale $1,999,000 -- $436 / 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 $23,662 $1,627,300 $645,600 $981,700
2023 $23,662 $1,520,700 $530,600 $990,100
2022 $18,062 $1,271,600 $445,600 $826,000
2021 $18,062 $1,034,500 $358,900 $675,600
2020 $18,176 $1,030,400 $378,900 $651,500
2019 $18,003 $1,022,300 $378,900 $643,400
2018 $19,635 $1,106,200 $368,900 $737,300
2017 $19,157 $1,082,900 $358,900 $724,000
2016 $18,787 $1,085,300 $357,500 $727,800
2015 $18,837 $1,085,700 $368,500 $717,200
2014 $20,222 $1,159,300 $518,500 $640,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227551

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00029-0000-00014-14