NOT LISTED FOR SALE

26 Rainbow Trail Sparta, NJ 07871

Estimated Value: $930,000 - $1,435,884

4 Beds
3 Baths
2,948 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $860,000 $292 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,137/month

124 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Lake Privileges
  • Sparta High School Rated A
  • Custom Home
  • Clubhouse

About This Home

As of August 2019

LAKE MOHAWK - LAKE FRONT HOME IN THE BEST LOCATION! REGAL IN STYLE, IT'S IMPRESSIVE STONE & STUCCO EXTERIOR, "DRAW BRIDGE" TO FRONT DOOR & STONE TURRET IN THE REAR REFLECTS IT'S BEAUTY! OPEN FLOOR PLAN! LIVING ROOM W/STONE FIREPLACE & HIGH BEAMED CEILING, DINING ROOM, GREAT ROOM W/FIREPLACE, SUN ROOM W/ WALLS OF WINDOWS & AMAZING LAKE VIEWS! GOURMET KITCHEN W/CUSTOM CABINETRY, STAINLESS APPLIANCES, HONED GRANITE COUNTERS & BREAKFAST BAR! MAIN FULL BATH & BEDROOM COMPLETE THE MAIN LEVEL! MASTER BEDROOM SUITE W/HIGH CEILING, BEAMS, BALCONY & LOFT! LUXURY MASTER BATH W/CUSTOM SHOWER! TWO ADDITIONAL BEDROOMS, FULL BATH COMPLETE SECOND FLOOR! LL- FINISHED DEN/REC ROOM FOR RELAXING & WALK-OUT TO REAR YARD W/PRIVATE DOCK! C/A, GAS COOKING,& COMPOSITE DECK. WALK TO BOARDWALK & TOWN! Boat & furniture negotiable!

Last Agent to Sell the Property

Dawn Corbo

WEICHERT REALTORS Listed on: 03/22/2019

WEICHERT REALTORS

Last Buyer's Agent

DEBORAH ANN LIEB

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,855

Lot Details

  • 9,583 Sq Ft Lot
  • Private Waterfront
  • Lake Front
  • Cul-De-Sac

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Private Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Stone Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Porch

Schools

  • Sparta Elementary And Middle School
  • Sparta High School

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2818-05053-0000-00004-0000-
  • Tax Block *

Community Details

Recreation

  • Powered Boats Allowed
  • Community Playground

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,855

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 26
  • Directions: White Deer Plaza - West Shore Trail - L - Rainbow #26
  • I D: 4880958
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: LAKE MOHAWK
  • First Name: DAWN
  • First Name3: DEBORAH ANN
  • Last Name: CORBO
  • Last Name3: LIEB
  • Office Phone: 973-726-3964
  • Office Phone3: 973-726-6825
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Stove-Freestanding, Great Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Beam Ceilings, StallShw, High Ceilings, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 24x9
  • Kitchen Level: First
  • Living Room Dim: 16x11
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 12x10
  • Other Room 2: Rec Room
  • Other Room2 Dim: 19x13
  • Other Room2 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Great Room, Entrance Vestibule, Porch, Bath Main, Sunroom, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Loft, Bath Main, Bath(s) Other
  • Ground Level Rooms: Utility Room, Walkout, GarEnter, Rec Room
  • Phone: 973-729-2700

Exterior Features

  • Exterior Description: Stone, Brick, Stucco
  • Exterior Features: Dock, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn, GasPropL
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Septic 3 Bedroom Town Verified
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Playground, Club House, Lake Privileges
  • Association Maintenance Fee: 1282
  • 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: 135X70 TRI LMCC
  • Assessed Improvement Value: 527100
  • Assessed Land Value: 393800
  • Assessment: 920900
  • Lot Description: Cul-De-Sac, Waterfront, Lake Front
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22
  • Zoning: RESIDENTIAL

Rental Info

  • Application Fee: 4000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29855
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2818-05053-0000-00004-0000-
  • Tax Rate Amount: 3.242
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: SPARTA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Aug 25, 2019
Sold by
Hastings Robert and Hastings Christine
Bought by
Lieb Derrick W and Gressler Lieb Meghan E
Seller's Agent
Dawn Corbo
WEICHERT REALTORS
Buyer's Agent
DEBORAH ANN LIEB
COLDWELL BANKER REALTY
List Price
$1,045,000
Sold Price
$860,000
Premium/Discount to List
-$185,000
-17.7%
Current Estimated Value
$1,239,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,295
Avg. Annual Appreciation
6.60%
Original Mortgage
$688,000
Outstanding Balance
$610,330
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$653,024

Purchase Details

Listed on
Mar 28, 2014
Closed on
Mar 28, 2014
Sold by
Kirby Stuart and Kirby Irene
Bought by
Hastings Robert and Hastings Christine
Sold Price
$1,045,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$400,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1998
Sold by
Grego Alison M
Bought by
Kirby Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Bartlett Marion Phillips and Bartlett Stephen Storrs
Bought by
Grego Alison M

Purchase Details

Closed on
Sep 29, 1994
Sold by
Bartlett Marion Phillips and Bartlett Stephen Storrs
Bought by
Bartlett Marion Phillips and Bartlett Stephen Storrs
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
Lieb Derrick W $860,000 Nrt Title Agency Llc
Hastings Robert $1,045,000 Fidelity Natl Title Ins Co
Kirby Stuart $325,000 --
Grego Alison M $270,000 --
Bartlett Marion Phillips -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lieb Derrick W $688,000
Previous Owner Hastings Robert $350,000
Previous Owner Hastings Robert $400,000
Previous Owner Kirby Stuart $750,000
Previous Owner Kirby Keith Stuart $250,000
Previous Owner Kirby Stuart $250,000
Previous Owner Kirby Stuart $450,000
Previous Owner Kirby Stuart $150,000
Previous Owner Kirby Stuart $100,000
Previous Owner Kirby Stuart $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $860,000 -7.0% $292 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $925,000 -5.1% $314 / Sq Ft
06/08/2019 06/08/19 Price Changed $975,000 -6.7% $331 / Sq Ft
03/22/2019 03/22/19 For Sale $1,045,000 0.0% $354 / Sq Ft
03/28/2014 03/28/14 Sold $1,045,000 -- $354 / 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 $27,323 $783,800 $393,800 $390,000
2023 $27,323 $783,800 $393,800 $390,000
2022 $26,665 $783,800 $393,800 $390,000
2021 $26,242 $783,800 $393,800 $390,000
2020 $31,311 $920,900 $393,800 $527,100
2019 $30,500 $920,900 $393,800 $527,100
2018 $29,856 $920,900 $393,800 $527,100
2017 $29,487 $920,900 $393,800 $527,100
2016 $28,797 $920,900 $393,800 $527,100
2015 $18,648 $479,500 $265,100 $214,400
2014 $18,346 $479,500 $265,100 $214,400
Source: Public Records

Agents Affiliated with this Home

  • Dawn Corbo

    Seller's Agent in 2019

    Dawn Corbo

    WEICHERT REALTORS

    (973) 222-1609

    112 in this area

    177 Total Sales

    Dawn Corbo
    Section Image

  • D

    Buyer's Agent in 2019

    DEBORAH ANN LIEB

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3541345

Garden State MLS

APN: 18-05053-0000-00004

New Jersey Sussex County Sparta 07871

26 Rainbow Trail, Sparta, NJ

This home is located at 26 Rainbow Trail, Sparta, NJ 07871 since 22 March 2019 and is currently estimated at $1,239,295, approximately $420 per square foot. 26 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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