NOT LISTED FOR SALE

1067 Rainbow Cir Elmer, NJ 08318

Estimated Value: $371,000 - $434,000

3 Beds
2.5 Baths
1,844 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $346,900 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,900/month

154 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Community Pool
  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of February 2024

Welcome to your new home! Nestled in the heart of sought-after Pittsgrove Township, this exquisite property in Palatine Lake Village Community is ready to embrace its new owners. The sellers are reluctantly parting ways with their cherished abode, a 3-bedroom, 2.5-bathroom haven, as they embark on the exciting journey of downsizing to a new construction property.
Some Key Features: Scenic Screened-In Back Porch: Enjoy the beauty of your surroundings bug-free in your spacious screened-in back porch. Perfect for morning coffees or evening gatherings with friends and family. Open Family Room with Fireplace: Unwind in the warmth of your family room, complete with a cozy fireplace that seamlessly connects to the kitchen. An ideal space for creating lasting memories. Generous Bedrooms: Three bedrooms await you upstairs, providing ample space for personalization and comfort. Whether it's a home office, guest room, or a child's sanctuary, the possibilities are endless. Abundance of Closets: Say goodbye to storage woes! This home boasts plenty of closets, ensuring that everything has its designated space. Updated Master Bathroom: Pamper yourself in the updated master bathroom, a private retreat that exudes luxury and modern elegance. Formal Dining Room and Living Room: Host elegant dinners in the formal dining room and entertain guests in the inviting living room. These spaces are perfect for creating a sense of sophistication and warmth. The sellers are moving to a brand-new construction property, and their meticulously cared-for home is now primed and ready for a new chapter. With a heavy heart, they pass the torch to a fortunate buyer who will undoubtedly appreciate the warmth and charm that this residence exudes.

Don't Miss Out! Seize the opportunity to make this precious gem of a home yours. Schedule a private tour and start envisioning your life in this captivating Pittsgrove Township residence.

Last Agent to Sell the Property

Stephanie Verderose

(609) 774-7117 stephanie@exithomepros.com Exit Homestead Realty Professi License #8737276 Listed on: 08/31/2023

Exit Homestead Realty Professi

Last Buyer's Agent

SHANNON MORGAN-LEONEN

(856) 344-4663 shannon@exithomepros.com Exit Homestead Realty Professi License #1861496

Exit Homestead Realty Professi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,543

Year Built

  • Built in 1987

Lot Details

  • 0.48

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Attic Fan

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Washer
  • Gas Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Tankless Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • 0.48 Acre Lot

Listing and Financial Details

  • Tax Lot 00052
  • Assessor Parcel Number 11-01514-00052

Community Details

Overview

  • Palatine Lake Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,543

Year Built

Built in 1987

Lot Details

0

HOA Fees

$58 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-31
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Microwave, Dryer - Gas, Washer
  • Interior Amenities: Attic/House Fan, Attic, Ceiling Fan(s), Dining Area, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Total Sq Ft: 1844
  • Living Area Sq Ft: 1844
  • Price Per Sq Ft: 181.62
  • Above Grade Finished Sq Ft: 1844
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1067

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural 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
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 690.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396396
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20909.00
  • Year Assessed: 2022
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8543.00
  • Assessor Parcel Number: 11-01514-00052
  • Tax Lot: 00052
  • Tax Total Finished Sq Ft: 1844
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Feb 29, 2024
Sold by
Leggett Timothy S and Leggett Phyllis H
Bought by
Selfridge William W
Seller's Agent
Stephanie Verderose
Exit Homestead Realty Professi
Buyer's Agent
SHANNON MORGAN-LEONEN
Exit Homestead Realty Professi
List Price
$344,000
Sold Price
$346,900
Premium/Discount to List
$2,900
0.84%
Views
1380
Current Estimated Value
$392,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,052
Avg. Annual Appreciation
8.21%
Original Mortgage
$340,616
Outstanding Balance
$334,961
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$57,991

Purchase Details

Closed on
Jan 19, 1996
Sold by
Lunning James and Lunning Elizabeth
Bought by
Leggett Timothy S and Leggett Phyllis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.16%
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
Selfridge William W $346,900 Fidelity National Title
Selfridge William W $346,900 Fidelity National Title
Leggett Timothy S $145,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selfridge William W $340,616
Closed Selfridge William W $340,616
Previous Owner Leggett Timothy S $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $346,900 +3.6% $188 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $334,900 -2.6% $182 / Sq Ft
08/31/2023 08/31/23 For Sale $344,000 -- $187 / Sq Ft
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 $9,093 $212,800 $64,900 $147,900
2024 $8,657 $212,800 $64,900 $147,900
2023 $8,657 $212,800 $64,900 $147,900
2022 $8,544 $212,800 $64,900 $147,900
2021 $8,002 $212,800 $64,900 $147,900
2020 $8,078 $212,800 $64,900 $147,900
2019 $7,942 $212,800 $64,900 $147,900
2018 $7,765 $212,800 $64,900 $147,900
2017 $7,467 $212,800 $64,900 $147,900
2016 $7,095 $212,800 $64,900 $147,900
2015 $6,761 $212,800 $64,900 $147,900
2014 $6,480 $212,800 $64,900 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2008582

Bright MLS

APN: 11-01514-0000-00052