NOT LISTED FOR SALE

136 Rainbow Trail Elmer, NJ 08318

Estimated Value: $438,000 - $510,000

3 Beds
2.5 Baths
1,800 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $260,000 $144 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,249/month

Highlights

  • 106 Feet of Waterfront
  • Wood Burning Stove
  • Cathedral Ceiling
  • Water Oriented
  • Wooded Lot
  • Attic

About This Home

As of March 2012

LAKEFRONT DREAM! Feel Like Your on Vacation All Year Long! This spectacular Lakefront home is a dream come true. The 3 bedrooms 2 1/2 baths, wonderful open floorplan and magnificent Water Views from every room will make you want to stay. The exposed beams and nooks w/ built in benches thoughout the home adds character and the screened in porch is a great asset. Conveniently located off the living room it can easily be finished to become additional living space. The oversized attached garage and a small cabin syle building with a rustic design and woodstove have man cave potential. The back yard has magnificent waterviews and your own dock to sit and enjoy the wildlife and peacefulness of this property. The homes 3 story rear facade covered with windows will impress the best. But most impressive is its location, just minutes from shopping and Rt 55, it sits at the end of a one-lane road, in a secluded area, surrounded by nature and tranquility. Call for a showing, you will not be disappointed!

Last Agent to Sell the Property

Tammy Lutek

(609) 247-9474 tammy@trlutek.com Barragan Realty LLC Listed on: 08/04/2011

Last Buyer's Agent

April Puesi

(856) 392-1523 april.puesi@gmail.com Coldwell Banker Excel Realty License #0678322

Coldwell Banker Excel Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 1996

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 106x345
  • 106 Feet of Waterfront
  • Sloped Lot
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Shed

Schools

  • Pittsgrove Township Middle School
  • Arthur P Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainbow Lake Subdivision

Listing and Financial Details

  • Tax Lot 00101
  • Assessor Parcel Number 11-02701-00101

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,585

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Year Built: 1996
  • Remarks Public: LAKEFRONT DREAM! Feel Like Your on Vacation All Year Long! This spectacular Lakefront home is a dream come true. The 3 bedrooms 2 1/2 baths, wonderful open floorplan and magnificent Water Views from every room will make you want to stay. The exposed beams and nooks w/ built in benches thoughout the home adds character and the screened in porch is a great asset. Conveniently located off the living room it can easily be finished to become additional living space. The oversized attached garage and a small cabin syle building with a rustic design and woodstove have man cave potential. The back yard has magnificent waterviews and your own dock to sit and enjoy the wildlife and peacefulness of this property. The homes 3 story rear facade covered with windows will impress the best. But most impressive is its location, just minutes from shopping and Rt 55, it sits at the end of a one-lane road, in a secluded area, surrounded by nature and tranquility. Call for a showing, you will not be disappointed!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Refrigerator
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Wood Stove, Water Treat System, Exposed Beams, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 152.72
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 136

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • View: Water
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 106

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 177600.00
  • Land Assessed Value: 50900.00
  • Lot Features: Sloping, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 0.70
  • Lot Dimensions: 106X345
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30492.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2213094
  • Tax Annual Amount: 6585.00
  • Assessor Parcel Number: 11-02701-00101
  • Tax Lot: 00101
  • Tax Year: 2010
  • Close Date: 03/29/2012

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2011
Closed on
Mar 29, 2012
Sold by
Ayers Randolph M
Bought by
Matusow Deborah
Seller's Agent
Tammy Lutek
Barragan Realty LLC
Buyer's Agent
April Puesi
Coldwell Banker Excel Realty
List Price
$299,500
Sold Price
$260,000
Premium/Discount to List
-$39,500
-13.19%
Current Estimated Value
$465,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,764
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
May 27, 2008
Sold by
Milyo John and Milyo Claire E
Bought by
Ayers Randolph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1995
Sold by
Carluzzo James R
Bought by
Milyo John and Milyo Claire E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Matusow Deborah $260,000 --
Ayers Randolph M $345,000 --
Milyo John $34,000 Dominion Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayers Randolph M $306,000
Closed Matusow Deborah --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold $260,000 -5.4% $144 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/10/2012 01/10/12 Price Changed $274,900 -1.8% $153 / Sq Ft
11/15/2011 11/15/11 Price Changed $279,900 -3.3% $156 / Sq Ft
11/02/2011 11/02/11 Price Changed $289,500 -2.0% $161 / Sq Ft
09/28/2011 09/28/11 Price Changed $295,500 -1.3% $164 / Sq Ft
08/04/2011 08/04/11 For Sale $299,500 -- $166 / Sq Ft
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
2025 $9,675 $228,500 $50,900 $177,600
2024 $9,209 $228,500 $50,900 $177,600
2023 $9,209 $228,500 $50,900 $177,600
2022 $9,097 $228,500 $50,900 $177,600
2021 $8,848 $228,500 $50,900 $177,600
2020 $8,603 $228,500 $50,900 $177,600
2019 $8,457 $228,500 $50,900 $177,600
2018 $8,267 $228,500 $50,900 $177,600
2017 $7,947 $228,500 $50,900 $177,600
2016 $7,543 $228,500 $50,900 $177,600
2015 $7,182 $228,500 $50,900 $177,600
2014 -- $228,500 $50,900 $177,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004480958

Bright MLS

APN: 11-02701-0000-00101