NOT LISTED FOR SALE

1127 Rainbow Cir Elmer, NJ 08318

Pittsgrove Area

Estimated Value: $482,327 - $617,000

4 Beds
2.5 Baths
-- Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: August 10, 2020

Last sale price $405,500

Est. 29% increase in value since last sale

Current estimated payment $3,852 / mo

12 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Wood Flooring
  • In Ground Pool
  • Deck
  • Screened Porch

About This Home

As of August 2020

Beautiful lake front property in desirable Pittsgrove Township. Truly one of a kind setting in Palatine, approximately 200 ft of lake front, inground pool, pond, screened in porch with wood ceiling and skylights, gazebo plus deck great for entertaining or enjoying the natural beauty that surrounds this property. 4BR, 2.5 bathroom Colonial home. Granite counters, custom cabinets with pull outs, pantry, all appliances stay in this eat in kitchen, that opens to a spacious family room complete with fireplace. Formal dining room and living room, laundry room, and office too. Upstairs double doors lead to a very generous master suite complete with sitting room and fireplace, 2 walk in closets, an additional closet and full bathroom with separate vanity. 3 more bedrooms plus full bath complete this well appointed second floor. Amazing lake views throughout this home. Palantine Lake is a private lake where electric motor boats, paddle boats, kayaks and canoes sail across the water. The association common areas include an inground pool, and beach area, pavillion, tennis court and basket ball court. LOCATED IN THE LAKEFRONT SECTION.

Last Agent to Sell the Property

Stephanie Verderose

EXIT HOMESTEAD REALTY PROFESSIONALS LLC Listed on: 06/18/2020

EXIT HOMESTEAD REALTY PROFESSIONALS LLC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Shades
  • Blinds
  • Family Room with Fireplace
  • Library
  • Screened Porch
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Private Sewer

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0.52 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Also Includes: Blinds, Shades
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Wood Burning
  • Flooring: Laminate Flooring, Tile, W/W Carpet, Wood
  • Interior Amenities: Carbon Monoxide Detector, Security System, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Full, Inside Entrance, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Eat In Kitchen, Library/Study, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Patio, Pool-In Ground, Porch, Porch Screened, Shed, Sprinkler System
  • Siding Exterior: Aluminum
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Stone
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly

Lot Info

  • Location: Lake Front
  • Lot Dimensions: .52
  • Lot Size: Less Than One Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 10, 2020
Sold by
Bought by
Seller's Agent
Stephanie Verderose
EXIT HOMESTEAD REALTY PROFESSIONALS LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$425,000
Sold Price
$405,500
Premium/Discount to List
-$19,500
-4.59%
Current Estimated Value
$521,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,832
Avg. Annual Appreciation
4.29%
Original Mortgage
$385,225
Outstanding Balance
$334,724
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$186,608

Purchase Details

Closed on
Jun 3, 1993
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Elmer, NJ

  • Edward Munin Real Estate Agent - LPT Realty, LLC

    Edward Munin

    LPT Realty, LLC

    (856) 595-0581

    119 Total Sales

    1 in Pittsgrove

    $93,000 Price

    Edward Munin
     Section Image
  • Patrick Gorman Real Estate Agent - Keller Williams - Main Street

    Patrick Gorman

    Keller Williams - Main Street

    (856) 528-4483

    594 Total Sales

    1 in Pittsgrove

    $79,900 Price

    Patrick Gorman
     Section Image
  • Tamia Wilkerson Real Estate Agent - First Advantage Realty II LLC

    Tamia Wilkerson

    First Advantage Realty II LLC

    (856) 283-4342

    24 Total Sales

    2 in Pittsgrove

    $60,000 Price Range

    Tamia Wilkerson
     Section Image
  • Yanira Hernandez Real Estate Agent - Real Broker, LLC

    Yanira Hernandez

    Real Broker, LLC

    (484) 562-6058

    117 Total Sales

    1 in Pittsgrove

    $360,000 Price

    Yanira Hernandez
     Section Image
  • Edward Keebler Real Estate Agent - RE/MAX Preferred - Medford

    Edward Keebler

    RE/MAX Preferred - Medford

    (856) 830-6834

    74 Total Sales

    1 in Pittsgrove

    $319,900 Price

    Edward Keebler
     Section Image
  • Frank Punzi Real Estate Agent - EXP Realty, LLC

    Frank Punzi

    EXP Realty, LLC

    (856) 898-3569

    153 Total Sales

    1 in Pittsgrove

    $305,000 Price

    Frank Punzi
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,500 West Jersey Title Agency
$216,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $385,225
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $405,500 -4.6% --
06/30/2020 06/30/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $425,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,847 $275,000 $85,100 $189,900
2025 $11,847 $275,000 $85,100 $189,900
2024 $11,187 $275,000 $85,100 $189,900
2023 $11,187 $275,000 $85,100 $189,900
2022 $11,041 $275,000 $85,100 $189,900
2021 $10,736 $275,000 $85,100 $189,900
2020 $10,439 $275,000 $85,100 $189,900
2019 $10,263 $275,000 $85,100 $189,900
2018 $10,035 $275,000 $85,100 $189,900
2017 $9,650 $275,000 $85,100 $189,900
2016 $9,169 $275,000 $85,100 $189,900
2015 $8,737 $275,000 $85,100 $189,900
2014 $8,374 $275,000 $85,100 $189,900
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Verderose Real Estate Agent - EXIT HOMESTEAD REALTY PROFESSIONALS LLC

    Seller's Agent in 2020

    Stephanie Verderose

    EXIT HOMESTEAD REALTY PROFESSIONALS LLC

    (609) 774-7117

    246 Total Sales

    Stephanie Verderose
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 538172

South Jersey Shore Regional MLS

APN: 11-01512-0000-00063

New Jersey Salem County Elmer 08318

1127 Rainbow Cir, Elmer, NJ

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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