NOT LISTED FOR SALE

37 Rainbow Trail Mountain Lakes, NJ 07046

Estimated Value: $689,000 - $776,688

-- Bed
-- Bath
1,674 Sq Ft
$443/Sq Ft Est. Value

About This Home

This home is located at 37 Rainbow Trail, Mountain Lakes, NJ 07046 and is currently estimated at $742,172, approximately $443 per square foot. 37 Rainbow Trail is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2008
Sold by
Sikora Mark and Sikora Patricia
Bought by
Gorman Ryan P and Gorman Rebecca J
Current Estimated Value
$742,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,231
Interest Rate
5.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mola Joseph and Mola Mary
Bought by
Sikora Mark and Sikora Patricia

Purchase Details

Closed on
Aug 22, 2006
Sold by
Mola Joseph
Bought by
Mola Joseph and Mola Mary

Purchase Details

Closed on
May 31, 2006
Sold by
Mola John
Bought by
Mola Joseph and Mola Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Gorman Ryan P $525,000 None Available
Sikora Mark $380,000 Commonwealth Land Title Insu
Mola Joseph -- --
Mola Joseph $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Rebecca J $410,000
Closed Gorman Rebecca J $488,422
Closed Gorman Rebecca J $502,291
Closed Gorman Ryan P $506,231
Previous Owner Mola Joseph $100,000
Previous Owner Mola John J $55,000
Previous Owner Mola John J $80,000
Source: Public Records

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 $14,114 $599,300 $302,400 $296,900
2023 $14,114 $558,300 $280,800 $277,500
2022 $13,789 $508,700 $261,800 $246,900
2021 $12,424 $491,400 $254,200 $237,200
2020 $12,870 $459,300 $231,700 $227,600
2019 $12,424 $459,300 $231,700 $227,600
2018 $12,070 $459,300 $231,700 $227,600
2017 $11,813 $459,300 $231,700 $227,600
2016 $11,607 $459,300 $231,700 $227,600
2015 $11,336 $459,300 $231,700 $227,600
2014 $11,124 $459,300 $231,700 $227,600
Source: Public Records

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