NOT LISTED FOR SALE

1030 Rainbow Cir Elmer, NJ 08318

Estimated Value: $307,000 - $375,043

3 Beds
3 Baths
1,884 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $360,000 $191 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,672/month

About This Home

As of August 2024

1030 Rainbow Cir sounds like an incredible find for those seeking both the tranquility of lake life and the convenience of nearby amenities. This property offers the best of both worlds—a serene setting close to Palatine Lake, yet still within reach of civilization.

With 3 bedrooms and 2.5 baths spread across 1800+ sq ft, this home provides ample space for comfortable living. The outdoor paver patio and fireplace add to the appeal, creating ideal spots for relaxation and entertainment.

The attached garage is a convenient feature that adds to the practicality of the home, making daily life a little easier. Additionally, the proximity to the local elementary school, Parvin State Park, and various golf courses enhance the location's appeal.

The recent renovation ensures the home boasts modern finishes and amenities, providing a comfortable and stylish living space. Being close to major shopping and dining destinations in Upper Deerfield, Elmer, and Vineland, NJ, adds further convenience to the lifestyle offered by this property.

Furthermore, its proximity to Route 55 provides easy access to Philadelphia and other destinations in South Jersey, making it an ideal location for commuters or those looking to explore the region.

If this sounds like the lifestyle you've been searching for, don't hesitate to contact your agent and schedule a private showing. With its desirable location, modern upgrades, and serene surroundings, 1030 Rainbow Cir is worth considering as your next home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 29, 2024
Sold by
Toy & Associates Real Estate Llc
Bought by
Hayman Tracey
Seller's Agent
David Ralic
Society
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%
Views
80
Current Estimated Value
$353,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,739
Avg. Annual Appreciation
-1.75%

Purchase Details

Closed on
May 26, 2023
Sold by
Garavento Stephen
Bought by
Toy & Associates Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Garavento Stephen
Bought by
Garavento Stephen and Garavento John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,582
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Mccann Donald R and Mccann Gail
Bought by
Garavento Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Hayman Tracey $360,000 None Listed On Document
Hayman Tracey $360,000 None Listed On Document
Toy & Associates Real Estate Llc $200,000 First American Title
Toy & Associates Real Estate Llc $200,000 First American Title
Garavento Stephen -- --
Garavento Stephen $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toy & Associates Real Estate Llc $250,200
Previous Owner Garavento Stephen $244,582
Previous Owner Garavento Stephen $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $360,000 -4.0% $191 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $375,000 -2.6% $199 / Sq Ft
06/25/2024 06/25/24 For Sale $385,000 -- $204 / Sq Ft

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 $8,986 $228,300 $65,900 $162,400
2024 $8,555 $210,300 $65,900 $144,400
2023 $8,555 $210,300 $65,900 $144,400
2022 $8,444 $210,300 $65,900 $144,400
2021 $8,210 $210,300 $65,900 $144,400
2020 $7,983 $210,300 $65,900 $144,400
2019 $7,848 $210,300 $65,900 $144,400
2018 $7,674 $210,300 $65,900 $144,400
2017 $7,990 $227,700 $65,900 $161,800
2016 $7,592 $227,700 $65,900 $161,800
2015 $7,234 $227,700 $65,900 $161,800
2014 $6,933 $227,700 $65,900 $161,800
Source: Public Records

Agents Affiliated with this Home

  • David Ralic

    Seller's Agent in 2024

    David Ralic

    Society

    (609) 553-4117

    2 in this area

    242 Total Sales

    David Ralic
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Map

New Jersey Salem County Elmer 08318

1030 Rainbow Cir, Elmer, NJ

This home is located at 1030 Rainbow Cir, Elmer, NJ 08318 and is currently estimated at $353,261, approximately $187 per square foot. 1030 Rainbow Cir is a home located in Salem County with nearby schools including Elmer Elementary School, Pittsgrove Township Middle School, and Arthur P. Schalick High School.

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.

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