NOT LISTED FOR SALE

1122 Rainbow Cir Elmer, NJ 08318

Pittsgrove Township Neighborhood

Estimated Value: $415,672 - $597,000

4 Beds
2.5 Baths
-- Sq Ft
0.48 Acres

Last Sold May 16, 2016

Last sale price $232,000

Est. 108% increase in value since last sale

Current estimated payment $3,452/month

248 Days on Market

Highlights

  • Tennis Courts
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of May 2016

Updates galore makes this home one of the best values in Palatine Village, a Private Lake Community offering an Inground Pool, Picnic Area,Sandy Beach and Basketball Court. This Woodstown Model has many recent updates including: Roof 2009, HVAC 2010, Kitchen 2013, Powder Room 2013. Update Kitchen with Granite Counter Tops, Tile Back splash and Under Counter Lighting. New Hardwood Floors in the Foyer, Living Room, Dining room, Stairs and Hall. The Family Room has a nice Brick Fireplace with Heatilator leading out to a cozy covered porch or a large brick patio. The back yard is Beautifully landscaped and perfect for entertaining. Upstairs are 4 spacious bedrooms with a Master Suite that has an adjacent sitting room with an additional fireplace. The finished basement includes a Wet Bar, Mini Fridge, Microwave, Shelving AND a beautiful POOL TABLE. Hurry and Enjoy before the summer is over!!

Last Agent to Sell the Property

Eric Krwawecz

BHHS Fox & Roach-Mullica Hill South Listed on: 08/01/2015

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Laura Schweitzer

Warner Real Estate & Auction Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,785

Year Built

  • Built in 1986

Lot Details

  • 0.48 Acre Lot
  • Sprinkler System
  • Back Yard
  • Property is in good condition

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Play Equipment
  • Porch

Schools

  • Olivet Elementary School
  • Pittsgrove Township Middle School
  • Arthur P Schalick High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00068
  • Assessor Parcel Number 11-01512-00068

Community Details

Overview

  • Association fees include pool(s), common area maintenance
  • Palatine Lake Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,785

Year Built

Built in 1986

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer, Dehumidifie
  • New Construction: No
  • Year Built: 1986
  • Remarks Public: Updates galore makes this home one of the best values in Palatine Village, a Private Lake Community offering an Inground Pool, Picnic Area,Sandy Beach and Basketball Court. This Woodstown Model has many recent updates including: Roof 2009, HVAC 2010, Kitchen 2013, Powder Room 2013. Update Kitchen with Granite Counter Tops, Tile Back splash and Under Counter Lighting. New Hardwood Floors in the Foyer, Living Room, Dining room, Stairs and Hall. The Family Room has a nice Brick Fireplace with Heatilator leading out to a cozy covered porch or a large brick patio. The back yard is Beautifully landscaped and perfect for entertaining. Upstairs are 4 spacious bedrooms with a Master Suite that has an adjacent sitting room with an additional fireplace. The finished basement includes a Wet Bar, Mini Fridge, Microwave, Shelving AND a beautiful POOL TABLE. Hurry and Enjoy before the summer is over!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Attic/House Fan, Sprinkler System, Wet/Dry Bar, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • 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, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Street Number Modifier: 1122

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s), Lawn Sprinkler, Play Equipment
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 136.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance
  • HOA: Yes

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: OLIVET
  • Middle School: PITTSGROVE TOWNSHIP
  • High School: ARTHUR P SCHALICK
  • School District Key: 300200396396
  • Elementary School: OLIVET
  • High School: ARTHUR P SCHALICK
  • Middle Or Junior School: PITTSGROVE TOWNSHIP

Lot Info

  • Improvement Assessed Value: 211600.00
  • Land Assessed Value: 64900.00
  • Land Use Code: res
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20909.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2211743
  • Tax Annual Amount: 8785.00
  • Assessor Parcel Number: 11-01512-00068
  • Tax Lot: 00068
  • Tax Year: 2015
  • Close Date: 05/16/2016

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
May 16, 2016
Sold by
Vito David J and Vito Kathleen O
Bought by
Gibe Joshua
Seller's Agent
Eric Krwawecz
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Laura Schweitzer
Warner Real Estate & Auction Company
List Price
$249,900
Sold Price
$232,000
Premium/Discount to List
-$17,900
-7.16%
Current Estimated Value
$482,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,168
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Nov 7, 1986
Bought by
Vito David J + Kathleen O
Source: Public Records

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 Buyer Sale Price Title Company
Gibe Joshua $232,000 Foundation Title
Vito David J + Kathleen O $147,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibe Joshua $217,300
Previous Owner Vito David J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $232,000 -3.3% --
04/01/2016 04/01/16 Price Changed $239,900 -2.0% --
11/13/2015 11/13/15 Price Changed $244,900 -2.0% --
08/01/2015 08/01/15 For Sale $249,900 -- --
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
2024 $9,360 $230,100 $64,900 $165,200
2023 $9,360 $230,100 $64,900 $165,200
2022 $9,239 $230,100 $64,900 $165,200
2021 $8,983 $230,100 $64,900 $165,200
2020 $8,735 $230,100 $64,900 $165,200
2019 $8,587 $230,100 $64,900 $165,200
2018 $8,396 $230,100 $64,900 $165,200
2017 $8,074 $230,100 $64,900 $165,200
2016 $9,219 $276,500 $64,900 $211,600
2015 $8,784 $276,500 $64,900 $211,600
2014 $8,419 $276,500 $64,900 $211,600
Source: Public Records

Agents Affiliated with this Home

  • Eric Krwawecz

    Seller's Agent in 2016

    Eric Krwawecz

    BHHS Fox & Roach

    (856) 343-6000

    8 in this area

    32 Total Sales

    Eric Krwawecz
    Section Image

  • L

    Buyer's Agent in 2016

    Laura Schweitzer

    Warner Real Estate & Auction Company

    (856) 207-6743

    62 Total Sales

    Laura Schweitzer
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002672982

Bright MLS

APN: 11-01512-0000-00068

New Jersey Salem County Elmer 08318 Pittsgrove Township

1122 Rainbow Cir, Elmer, NJ

This home is located at 1122 Rainbow Cir, Elmer, NJ 08318 since 01 August 2015 and is currently estimated at $482,168. This property was built in 1986. 1122 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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