NOT LISTED FOR SALE

16 Rainbow Trail Sparta, NJ 07871

Sparta Area

Estimated Value: $1,038,000 - $1,748,000

3 Beds
3.5 Baths
1,258 Sq Ft
$1,117/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2017

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

Est. 353% increase in value since last sale

Current estimated payment $10,047 / mo

53 Days on Market

Highlights

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

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 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
  • Primary Bedroom on Main
  • 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-

Community Details

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,028

Lot Details

9,583 Sq Ft Lot

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
  • 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
  • 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
  • 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

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

Lot Info

  • Lot Size: 63X139 LMCC
  • Easement: Unknown
  • Lot Description: Lake Front, Waterfront, Lake/Water View, Private Road
  • 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 Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: SPARTA

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
Apr 29, 2017
Closed on
Sep 29, 2017
Sold by
Bought by
Seller's Agent
LISA FRASER
KELLER WILLIAMS INTEGRITY
Buyer's Agent
Julie Killen
REALTY EXECUTIVES EXCEPTIONAL
List Price
$879,000
Sold Price
$310,000
Premium/Discount to List
-$569,000
-64.73%
Current Estimated Value
$1,404,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094,756
Avg. Annual Appreciation
18.66%
Original Mortgage
$597,000
Outstanding Balance
$486,623
Interest Rate
3.83%
Mortgage Type
Construction
Estimated Equity
$918,133
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sparta, NJ

  • Michael Lattimer Real Estate Agent - Lattimer Realty

    Michael Lattimer

    Lattimer Realty

    (862) 217-5534

    151 Total Sales

    1 in Sparta

    $169,900 Price

    Michael Lattimer
     Section Image
  • Corinne Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Corinne Quinn

    COMPASS NEW JERSEY, LLC

    (973) 240-5639

    68 Total Sales

    2 in Sparta

    $249K - $340K Price Range

    Corinne Quinn
     Section Image
  • Michael Del Cioppo Real Estate Agent - Realty One Group Next Door

    Michael Del Cioppo

    Realty One Group Next Door

    (908) 836-7682

    142 Total Sales

    1 in Sparta

    $420,000 Price

    Michael Del Cioppo
     Section Image
  • Olga Tsiavos Real Estate Agent - RE/MAX SELECT - Rockaway

    Olga Tsiavos

    RE/MAX SELECT - Rockaway

    (973) 490-4546

    92 Total Sales

    2 in Sparta

    $481,000 Price Range

    Olga Tsiavos
     Section Image
  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Sparta

    $925,000 Price

    Tricia Himawan
     Section Image
  • Raymond Thomas Real Estate Agent - EXP Realty, LLC

    Raymond Thomas

    EXP Realty, LLC

    (551) 302-3829

    36 Total Sales

    2 in Sparta

    $625K - $880K Price Range

    Raymond Thomas
     Section Image
See All Agents

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
$310,000 Nuco Title Ins Agency
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 $597,000
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
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

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 $26,703 $728,000 $410,000 $318,000
2025 $26,703 $728,000 $410,000 $318,000
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

  • Julie Killen Real Estate Agent - REALTY EXECUTIVES EXCEPTIONAL

    Buyer's Agent in 2017

    Julie Killen

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 726-6820

    61 Total Sales

    Julie Killen
    Section Image
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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.