NOT LISTED FOR SALE

115 Rainbow Dr Brick, NJ 08724

Estimated Value: $452,000 - $632,000

3 Beds
1 Bath
1,056 Sq Ft
$517/Sq Ft Est. Value

Last Sold August 18, 2018

Last sale price $227,600 $216 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,387/month

20 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • Deck
  • Attic
  • 4-minute walk to Midstreams Park

About This Home

As of August 2018

Unpack and you're ready to go in this 3 bedroom Ranch! Located in the desirable Midstreams section of Brick! Eat In Kitchen, Dining Room, Living Room, All Season Room with its own entrance! Laundry Room! Updated Bath! Hardwood floors throughout! New central AC and attic stairs! Slider off Dining Room lead to deck & Huge yard great for entertaining! 2 Driveways! Great schools! Motivated Sellers! No Flood Insurance Required

Last Agent to Sell the Property

Louis Tordini

Weichert Realtors-Brick License #0454348 Listed on: 06/09/2018

Weichert Realtors-Brick

Last Buyer's Agent

Beth Sarre

Onyx Management Group, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 75 x 150
  • Fenced
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 0.5 Car Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00902-46-00004

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dryer, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 1961
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75 x 150
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Dining Room Sliding Door3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 0.5
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 75 x 150
  • Parcel #: 07-00902-46-00004
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 17, 2018
Sold by
Elzahr Said and Elzahr Simone
Bought by
Freda Paul Thomas and Dahms Kelly Ann
Seller's Agent
Louis Tordini
Weichert Realtors-Brick
Buyer's Agent
Beth Sarre
Onyx Management Group, LLC
Sold Price
$227,600
Current Estimated Value
$545,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,012
Avg. Annual Appreciation
12.51%
Original Mortgage
$193,460
Outstanding Balance
$168,012
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$377,600

Purchase Details

Closed on
Oct 2, 2009
Sold by
Salvato Anthony
Bought by
Elzahr Said and Elzahr Simone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1999
Sold by
Milaschewski Richard
Bought by
Salvato Anthony and Salvato Viola
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Freda Paul Thomas $227,660 None Available
Elzahr Said $210,000 None Available
Salvato Anthony $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freda Paul Thomas $193,460
Previous Owner Elzahr Said $206,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2018 08/18/18 Sold $227,600 -- $216 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,410 $347,500 $157,600 $189,900
2024 $6,084 $245,600 $157,600 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21804313

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00902-46-00004