NOT LISTED FOR SALE

16 Rainbow Trail Sparta, NJ 07871

Estimated Value: $845,000 - $1,376,701

3 Beds
3.5 Baths
1,258 Sq Ft
$952/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $310,000 $246 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $8,702/month

53 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Deck
  • Sparta High School Rated A
  • Lake Privileges
  • Main Floor Bedroom

About This Home

As of October 2017

Don't wait! New construction home buyer opportunity. Septic permit and site plan available for an approx. 4000 Sq. Ft. home (approximate 2500 Sq.Ft. on the main level plus an approx.1500 Sq. Ft walk- out basement).Use our plans or bring your own! SELLER WILL ADD $25,000 TO THE BUILDING BUDGET FOR BUYERS TO SPEND ANY WAY THEY CHOOSE. Rare opportunity to create your dream life on a .22 acre lakefront lot on one of the most prestigious streets in private Lake Mohawk. Wake to the peaceful and serene sights and sounds of the lake in your backyard. In the evening walk to the country club to enjoy lakefront fine dining. Afterwards, take an evening stroll on the boardwalk while enjoying the sunset over Lake Mohawk. Cross to the plaza for shopping, ice cream, and other dining choices. Walk home at evenings end.

Last Agent to Sell the Property

LISA FRASER

KELLER WILLIAMS INTEGRITY Listed on: 04/29/2017

Last Buyer's Agent

JULIE KILLEN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,028

Lot Details

  • 9,583 Sq Ft Lot
  • Private Waterfront
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Home to be built

Interior Spaces

  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Lake Views
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Outdoor Features

  • Lake Privileges
  • Deck
  • Porch

Schools

  • Sparta Elementary And Middle School
  • Sparta High School

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2818-05053-0000-00008-0000-
  • Tax Block *

Community Details

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,028

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Style: Lakestyle
  • Primary Style: Lakestyle
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built Description: To Be Built
  • County Name: Sussex
  • Street Number Display: 16
  • Directions: Turn onto Winona Pkwy. In .1 miles turn Rt. onto East Shore Trail. Take an immediate left onto W.Shore Trail. In .3 miles, turn left onto Rainbow Trl.
  • I D: 4709291
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Lake Mohawk
  • First Name: LISA
  • First Name3: JULIE
  • Last Name: FRASER
  • Last Name3: KILLEN
  • Office Phone: 973-726-0088
  • Office Phone3: 973-726-6820
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Family Room, Utility Room, Bath Main
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 25x11
  • Kitchen Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 17x14
  • Other Room1 Level: Second
  • Other Room 2: Porch
  • Other Room2 Dim: 11x5
  • Other Room2 Level: First
  • Other Room 3: Great Room
  • Other Room3 Dim: 25x12
  • Other Room3 Level: First
  • Other Room 4: Utility Room
  • Other Room4 Dim: 18x18
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Porch, Kitchen, Dining Room, Great Room
  • Level 2 Rooms: 2 Bedrooms, Office, Bath Main
  • Phone: 908-273-2991

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Number Garage Spaces: 2
  • Number Parking Spaces: 2

Utilities

  • Sewer: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Lake Privileges
  • Association Maintenance Fee: 1212
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: SPARTA
  • Middle School: SPARTA
  • High School: SPARTA
  • High School: SPARTA
  • Middle Jr High School: SPARTA

Lot Info

  • Lot Size: 63X139 LMCC
  • Assessed Improvement Value: 13200
  • Assessed Land Value: 307500
  • Assessment: 320700
  • Easement: Unknown
  • Lot Description: Lake Front, Waterfront, Lake/Water View, Private Road
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22
  • Zoning: Residential

Rental Info

  • Application Fee: 3000
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10028
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2818-05053-0000-00008-0000-
  • Tax Rate Amount: 3.127
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: SPARTA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Sep 29, 2017
Sold by
Lohr Michael and Lohr Sandra
Bought by
Zabek Jonathan and Zabek Katlin
Seller's Agent
LISA FRASER
KELLER WILLIAMS INTEGRITY
Buyer's Agent
JULIE KILLEN
COLDWELL BANKER REALTY
List Price
$879,000
Sold Price
$310,000
Premium/Discount to List
-$569,000
-64.73%
Current Estimated Value
$1,197,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,175
Avg. Annual Appreciation
19.84%
Original Mortgage
$597,000
Interest Rate
3.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Zabek Jonathan $310,000 Nuco Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zabek Jonathan $750,000
Closed Zabek Jonathan $597,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $310,000 -64.7% $246 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $879,000 -- $699 / Sq Ft
Source: Garden State 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 $24,939 $715,400 $410,000 $305,400
2023 $24,939 $715,400 $410,000 $305,400
2022 $24,338 $715,400 $410,000 $305,400
2021 $23,952 $715,400 $410,000 $305,400
2020 $24,324 $715,400 $410,000 $305,400
2019 $13,579 $410,000 $410,000 $0
2018 $9,969 $307,500 $307,500 $0
2017 $9,846 $307,500 $307,500 $0
2016 $10,028 $320,700 $307,500 $13,200
2015 $6,281 $161,500 $136,400 $25,100
2014 $6,179 $161,500 $136,400 $25,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LISA FRASER

    KELLER WILLIAMS INTEGRITY

  • J

    Buyer's Agent in 2017

    JULIE KILLEN

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3383390

Garden State MLS

APN: 18-05053-0000-00008

New Jersey Sussex County Sparta 07871

16 Rainbow Trail, Sparta, NJ

This home is located at 16 Rainbow Trail, Sparta, NJ 07871 since 29 April 2017 and is currently estimated at $1,197,175, approximately $951 per square foot. 16 Rainbow Trail is a home located in Sussex County with nearby schools including Sparta High School, Alpine Montessori - Sparta, and Reverand George A. Brown School.

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