NOT LISTED FOR SALE

1069 Rainbow Cir Elmer, NJ 08318

Estimated Value: $373,000 - $441,000

3 Beds
2.5 Baths
1,768 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $365,000 $206 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,925/month

43 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Storage
  • Porch
  • Laundry Room
  • Tile Flooring

About This Home

As of August 2023

Back on the market with a passing septic & passing water cert! This beautifully upgraded home in Palatine Lake Village has been thoughtfully redone by the current owners, and is ready for you to come in and call it yours! Upon arriving, you'll find ample parking space in the large driveway or the 2 car garage! The main floor features a large foyer, a dining room that is currently being used as a playroom, a living room, laundry room, powder room & a family room (currently used as a dining space) - all beautifully updated since 2017! Upstairs, you'll find 3 bedrooms and 2 full bathrooms. One bathroom being in the primary suite while the other is a shared bathroom in the hallway. Your back yard is the best balance of nature & relaxation - enjoy being in a neighborhood while still having the privacy of a serene back yard. You will enjoy access to Palatine Lake, a community pool, tennis courts, basketball courts, and a community pavilion! Don't wait to set up your private showing! This is the one you've been waiting for!

Last Agent to Sell the Property

Christina Sciarretta

Keller Williams Realty Jersey Shore-Ocean City Listed on: 05/22/2023

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,392

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 97x207

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Dining Room
  • Storage
  • Partially Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,392

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 05/22/2023
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Tile, Vinyl
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Partially Finished
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Paved Road, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Gravel
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly

Lot Info

  • Lot Dimensions: 97x207
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 12, 2023
Sold by
Duda Joseph and Duda Tarah
Bought by
Mantione Michael and Mantione Natasha
Seller's Agent
Christina Sciarretta
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$365,000
Sold Price
$365,000
Views
320
Current Estimated Value
$404,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,012
Avg. Annual Appreciation
4.91%
Original Mortgage
$346,750
Outstanding Balance
$339,187
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$64,825

Purchase Details

Listed on
Jul 6, 2016
Closed on
Apr 19, 2017
Sold by
Gerald D Thomas
Bought by
Duda Joseph
Seller's Agent
Eric Krwawecz
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Dennis Ingraldi
Vineland Realty Corp
List Price
$214,800
Sold Price
$170,000
Premium/Discount to List
-$44,800
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$136,000
Interest Rate
4.08%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Cohen Steven M and Cohen Karen D
Bought by
Thomas Gerald D and Thomas Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 1994
Sold by
Ashbridge Marianne
Bought by
Cohen Steven M and Cohen Karen D
Source: Public Records

Range of Values:

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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
Mantione Michael $365,000 Trident Land Transfer
Mantione Michael $365,000 Trident Land Transfer
Duda Joseph -- --
Thomas Gerald D $257,000 --
Cohen Steven M $147,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mantione Michael $346,750
Closed Mantione Michael $346,750
Previous Owner Duda Joseph $136,000
Previous Owner Duda Joseph --
Previous Owner Thomas Gerald D $205,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $365,000 0.0% $206 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $365,000 0.0% $206 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $365,000 +114.7% $206 / Sq Ft
04/30/2017 04/30/17 Sold $170,000 0.0% $96 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/19/2016 10/19/16 Price Changed $170,000 -2.9% $96 / Sq Ft
09/23/2016 09/23/16 Price Changed $175,000 -16.7% $99 / Sq Ft
08/12/2016 08/12/16 Price Changed $210,000 -2.2% $119 / Sq Ft
07/06/2016 07/06/16 For Sale $214,800 -- $121 / Sq Ft
Source: South Jersey Shore Regional 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 $9,392 $219,800 $64,900 $154,900
2024 $8,941 $219,800 $64,900 $154,900
2023 $8,941 $219,800 $64,900 $154,900
2022 $8,825 $219,800 $64,900 $154,900
2021 $8,581 $219,800 $64,900 $154,900
2020 $8,344 $219,800 $64,900 $154,900
2019 $8,203 $219,800 $64,900 $154,900
2018 $8,021 $219,800 $64,900 $154,900
2017 $7,713 $219,800 $64,900 $154,900
2016 $7,328 $219,800 $64,900 $154,900
2015 $6,983 $219,800 $64,900 $154,900
2014 $6,693 $219,800 $64,900 $154,900
Source: Public Records

Agents Affiliated with this Home

  • Christina Sciarretta

    Seller's Agent in 2023

    Christina Sciarretta

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 626-4800

    2 in this area

    23 Total Sales

    Christina Sciarretta
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Eric Krwawecz

    Seller's Agent in 2017

    Eric Krwawecz

    BHHS Fox & Roach

    (856) 343-6000

    8 in this area

    31 Total Sales

    Eric Krwawecz
    Section Image

  • D

    Buyer's Agent in 2017

    Dennis Ingraldi

    Vineland Realty Corp

    (609) 247-2415

    2 in this area

    71 Total Sales

    Dennis Ingraldi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574263

South Jersey Shore Regional MLS

APN: 11-01514-0000-00053

New Jersey Salem County Elmer 08318

1069 Rainbow Cir, Elmer, NJ

This home is located at 1069 Rainbow Cir, Elmer, NJ 08318 since 22 May 2023 and is currently estimated at $404,012, approximately $228 per square foot. This property was built in 1987. 1069 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.

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