NOT LISTED FOR SALE

1131 Rainbow Cir Elmer, NJ 08318

Pittsgrove Area

Estimated Value: $437,000 - $546,000

4 Beds
2.5 Baths
2,278 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2025

Last sale price $470,000 $206 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,709 / mo

7 Days on Market

Highlights

  • Community Boat Dock
  • Lake Privileges
  • Deck
  • Eat-In Gourmet Kitchen
  • Community Lake
  • Saltbox Architecture

About This Home

As of June 2025

CALLING FOR BEST AND FINAL BY 10 PM TODAY 3/10/2025 Better than new, this rare find could be your new home in Palatine Lakes! With mature trees and landscaping as well as new hardscaping, this side turn two car garage, 4 bedroom, 2-1/2 bath home with partially finished basement can be yours. Start enjoying a beautiful location and take advantage of all the wonderful family amenities to treasure in this wonderful neighborhood. Teach your children to boat, fish, enjoy the community lake and pool, tennis and of all the outdoor amenities in the neighborhood, right at your footsteps. Nestled on a corner homesite you will marvel at the amazing views from the first and second floors of the lake and awe-inspiring sunsets from the deck as well as the meticulous landscaping and hardscaping. The original owners have lovingly maintained and renovated the home, with major Kitchen renovation as well as Anderson Window renovation in 2019 , exterior paint in 2022, and new Roof 2016 and bathroom renovations, well point in 2019, etc., etc. Enter a spacious foyer with ceramic tile floor, to the living room and dining room with gleaming hardwood flooring. Thrill to the Gourmet kitchen which was renovated in 2019 with Fieldstone inset white cabinetry and 5 burner gas cooktop, touchless faucet, under cabinet lighting, magnificent tile floor and built in banquet with views of the lake, opens to the family room which also overlooks the lake and boasts whitewashed full wall brick fireplace and newer wide plank pine hardwood flooring. Conveniently there is a first-floor powder room also renovated and a laundry room off the garage.
Upstairs the flow of gleaming hardwood flooring continues and guides you to 4 bedrooms with views and renovated Owner’s Suite with frameless shower and impressive tile work.
At the lower level the basement is partially finished and with updated LED lighting and there is abundant shelving in the attic and also storage in the basement with new 2025 pull down staircase to impressive storage in the attic.
It will be easy to move right into this home because of the multitude of quality, tasteful renovations made by the homeowner including but not limited to all new doors and with oil rubbed bronze lever hardware, new gas furnace in 2022, new air conditioner in 2022, tankless hwh in 2023, new shed in 2024, updated lighting fixtures, deck painted in 2024, new gutters and gutter helmet in 2021 as well as new water conditioner in 2021 and 4 zone front yard lawn sprinkler, the list goes on.
Convenient to Route 55 this location offers a quick commute to Philadelphia and the NJ Shore. No need to look further, this home and location has it all for your and yours to enjoy now and years to come.

Last Agent to Sell the Property

Dorothy MacQuade

(609) 654-8797 chuckmeyer21@gmail.com Century 21 Alliance-Medford License #0234906 Listed on: 03/05/2025

Century 21 Alliance-Medford

Co-Listed By

Brenda Bencini

(609) 654-8797 chuckmeyer21@gmail.com Century 21 Alliance-Medford License #9035025

Last Buyer's Agent

Rose Simila

(856) 418-1324 roses@thesimilagroup.com Home and Heart Realty

Home and Heart Realty

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,844

Year Built

  • Built in 1986

Lot Details

  • 24,829 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,278 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Fireplace Mantel
  • Brick Fireplace
  • Replacement Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Upgraded Countertops

Flooring

  • Solid Hardwood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Lake Privileges
  • Deck
  • Shed

Schools

  • Olivet Elementary School
  • Pittsgrove Twp. Middle School
  • Arthur P Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00058
  • Assessor Parcel Number 11-01512-00058

Community Details

Overview

  • Plvha HOA
  • Built by Benchmark
  • Palatine Lake Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,844

Year Built

Built in 1986

Lot Details

0.57 Acres

HOA Fees

$69 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Ownership: Fee Simple
  • Exclusions: Generator in garage
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-03-05
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Solid Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Sprinkler System, Upgraded Countertops, Window Treatments
  • Window Features: Replacement
  • Fireplace Features: Brick, Wood, Mantel(s), Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2278
  • Living Area Sq Ft: 2278
  • Price Per Sq Ft: 199.74
  • Above Grade Finished Sq Ft: 2278
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Block, Aluminum Siding, Frame
  • Exterior Features: Underground Lawn Sprinkler
  • 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
  • Garage Features: Garage - Side Entry, Oversized, Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Private Septic Tank
  • Utilities: Cable Tv, Under Ground, Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 207.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Non-Lake Recreational Area, Lake, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Basketball Courts, Boat Dock/Slip
  • HOA Name: PLVHA
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLIVET
  • High School: ARTHUR P SCHALICK
  • Middle Or Junior School: PITTSGROVE TWP. M.S.

Lot Info

  • Lot Size Acres: 0.57
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Benchmark

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10844.00
  • Assessor Parcel Number: 11-01512-00058
  • Tax Lot: 00058
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

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
Mar 5, 2025
Closed on
Jun 3, 2025
Sold by
Bought by
Seller's Agent
Dorothy MacQuade
Century 21 Alliance-Medford
Buyer's Agent
Rose Simila
Home and Heart Realty
List Price
$455,000
Sold Price
$470,000
Premium/Discount to List
$15,000
3.3%
Views
189
Current Estimated Value
$496,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,398
Avg. Annual Appreciation
4.82%
Original Mortgage
$376,000
Outstanding Balance
$371,696
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$124,702

Purchase Details

Closed on
Jan 10, 1986
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

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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
$470,000 Foundation Title
$105,700 --
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 $376,000
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
06/03/2025 06/03/25 Sold $470,000 +3.3% $206 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $455,000 -- $200 / Sq Ft
Source: Bright 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 $10,934 $253,800 $65,500 $188,300
2025 $10,934 $253,800 $65,500 $188,300
2024 $10,325 $253,800 $65,500 $188,300
2023 $10,325 $253,800 $65,500 $188,300
2022 $10,190 $253,800 $65,500 $188,300
2021 $9,908 $253,800 $65,500 $188,300
2020 $9,634 $253,800 $65,500 $188,300
2019 $9,472 $253,800 $65,500 $188,300
2018 $9,261 $253,800 $65,500 $188,300
2017 $8,906 $253,800 $65,500 $188,300
2016 $8,462 $253,800 $65,500 $188,300
2015 $8,063 $253,800 $65,500 $188,300
2014 $7,728 $253,800 $65,500 $188,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2013828

Bright MLS

APN: 11-01512-0000-00058

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