NOT LISTED FOR SALE

1050 Rainbow Cir Elmer, NJ 08318

Estimated Value: $406,000 - $460,000

4 Beds
2.5 Baths
-- Sq Ft
0.71 Acres

Last Sold November 30, 2015

Last sale price $220,000

Est. 94% increase in value since last sale

Current estimated payment $3,069/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Community Pool
  • Clubhouse
  • Attic
  • Tennis Courts

About This Home

As of November 2015

Pretty in Palatine! This lovely 4 bedroom, 2.5 bath home is situated on a wooded lot in this private lake community. The Palatine Lake Village is a wonderful community where you can swim, fish and enjoy tennis at the community center. Your lovely home has formal living and dining rooms, a large eat-in kitchen, and a family room with a gas fireplace. Each of these rooms are well appointed and provide plenty of room for entertaining. Enjoy the screened porch that provides relaxing views to the well maintained backyard, or enter your nice size deck to really experience the outdoors. The upstairs features 4 bedrooms with a hall bath and a master bath. Completing this lovely home is a main floor laundry room and a full, dry basement. Recently had new roof installed. Make your appointment today! Don't let days on market scare you, initial price was high. Motivated buyers.

Last Agent to Sell the Property

Gail Gioielli

(609) 774-7388 ajg2919@hotmail.com BHHS Fox & Roach-Mullica Hill South License #567810 Listed on: 06/06/2013

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Diane Contarino

(609) 970-2700 dianecontarino@harvestrealty.com Harvest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,542

Year Built

  • Built in 1989

Lot Details

  • 0.71 Acre Lot
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00043
  • Assessor Parcel Number 11-01514-00043

Community Details

Overview

  • Association fees include pool(s)
  • Palatine Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,542

Year Built

Built in 1989

Lot Details

0

HOA Fees

$38 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Attic/House Fan, Water Treat System, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 1050

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 115.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396396

Lot Info

  • Lot Size Acres: 0.71
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30928.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7542.00
  • Assessor Parcel Number: 11-01514-00043
  • Tax Lot: 00043
  • Tax Year: 2015
  • Close Date: 11/30/2015

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Nov 30, 2015
Sold by
Denight John and Denight Constance
Bought by
Richards Greg N and Smith Richards Maureen
Seller's Agent
Gail Gioielli
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Diane Contarino
Harvest Realty
List Price
$258,000
Sold Price
$220,000
Premium/Discount to List
-$38,000
-14.73%
Current Estimated Value
$425,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,734
Avg. Annual Appreciation
6.95%
Original Mortgage
$216,015
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1989
Bought by
Denight John + Constance
Source: Public Records

Range of Values:

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Average Value
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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
Richards Greg N $220,000 Foundation Title
Denight John + Constance $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Greg N $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $220,000 -2.0% --
08/16/2015 08/16/15 Pending -- -- --
08/06/2015 08/06/15 Price Changed $224,500 -4.4% --
05/13/2015 05/13/15 Price Changed $234,900 -2.1% --
09/21/2014 09/21/14 Price Changed $239,900 -3.8% --
06/04/2014 06/04/14 Price Changed $249,500 -3.3% --
12/31/2013 12/31/13 Price Changed $258,000 0.0% --
12/31/2013 12/31/13 For Sale $258,000 +17.3% --
12/31/2013 12/31/13 Off Market $220,000 -- --
06/06/2013 06/06/13 For Sale $267,500 -- --
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
2025 $9,401 $220,000 $66,400 $153,600
2024 $8,950 $220,000 $66,400 $153,600
2023 $8,950 $220,000 $66,400 $153,600
2022 $8,833 $220,000 $66,400 $153,600
2021 $8,589 $220,000 $66,400 $153,600
2020 $8,351 $220,000 $66,400 $153,600
2019 $8,210 $220,000 $66,400 $153,600
2018 $8,663 $237,400 $66,400 $171,000
2017 $8,330 $237,400 $66,400 $171,000
2016 $7,915 $237,400 $66,400 $171,000
2015 $7,542 $237,400 $66,400 $171,000
2014 $7,229 $237,400 $66,400 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001797849

Bright MLS

APN: 11-01514-0000-00043