NOT LISTED FOR SALE

56 Rainbow Hill Rd Flemington, NJ 08822

Estimated Value: $878,000 - $1,035,000

4 Beds
5 Baths
-- Sq Ft
1.84 Acres

Last Sold March 12, 2021

Last sale price $627,500

Est. 48% increase in value since last sale

Current estimated payment $6,352/month

333 Days on Market

About This Home

As of March 2021

This home is located at 56 Rainbow Hill Rd, Flemington, NJ 08822 since 27 February 2020 and is currently estimated at $931,768. This property was built in 2006. 56 Rainbow Hill Rd is a home located in Hunterdon County with nearby schools including East Amwell Township and Hunterdon Central Regional High School District.

Last Agent to Sell the Property

HOWARD E. SPENCER 5TH

COLDWELL BANKER REALTY Brokerage Phone: 908-754-7511 Listed on: 02/27/2020

Last Buyer's Agent

Fred Tessier

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.84

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Hunterdon
  • I D: 4967192
  • Attribution Contact: 908-754-7511
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Mar 11, 2021
Sold by
Tvc Funding I Llc
Bought by
Heyward Denice K
Seller's Agent
HOWARD E. SPENCER 5TH
COLDWELL BANKER REALTY
Buyer's Agent
Fred Tessier
EXP REALTY, LLC
List Price
$650,000
Sold Price
$627,500
Premium/Discount to List
-$22,500
-3.46%
Current Estimated Value
$931,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,268
Avg. Annual Appreciation
8.49%
Original Mortgage
$612,750
Outstanding Balance
$548,420
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$383,348

Purchase Details

Closed on
Jul 16, 2019
Sold by
Jjf Properties Llc
Bought by
Tvc Funding I Llc

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 18, 2017
Sold by
Retained Realty Inc
Bought by
Jjf Properties Llc
Seller's Agent
Coleen Parker
RE/MAX RESULTS REALTY
Buyer's Agent
PAUL VERDICCHIO
HALO REALTY PROPERTIES LLC
List Price
$354,500
Sold Price
$354,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$558,475
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2014
Sold by
Jolley Gary
Bought by
Emigrant Residential Llc and Emc Llc

Purchase Details

Closed on
Apr 6, 2005
Sold by
Wertsville Group Llc
Bought by
Jolley Gary

Purchase Details

Closed on
May 29, 2003
Sold by
Weiss David S
Bought by
Wertsville Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heyward Denice K $645,000 All Ahead Title
Tvc Funding I Llc -- None Available
Jjf Properties Llc $354,500 None Available
Emigrant Residential Llc -- None Available
Jolley Gary $75,000 Fidelity Natl Title Ins Co
Wertsville Group Llc $52,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyward Denice K $612,750
Previous Owner Jjf Properties Llc $558,475
Previous Owner Wertsville Group Llc $515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $627,500 -3.5% --
01/25/2021 01/25/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $650,000 0.0% --
10/29/2020 10/29/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $650,000 -3.7% --
08/03/2020 08/03/20 Price Changed $674,900 -3.4% --
06/13/2020 06/13/20 Price Changed $699,000 -3.6% --
05/15/2020 05/15/20 Price Changed $724,900 -3.3% --
04/14/2020 04/14/20 Price Changed $749,900 -3.8% --
02/27/2020 02/27/20 For Sale $779,900 +120.0% --
12/21/2017 12/21/17 Sold $354,500 0.0% -- View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $354,500 -- --
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
2025 $17,756 $671,800 $184,200 $487,600
2024 $17,541 $671,800 $184,200 $487,600
2023 $17,541 $671,800 $184,200 $487,600
2022 $17,420 $671,800 $184,200 $487,600
2021 $17,151 $671,800 $184,200 $487,600
2020 $17,044 $671,800 $184,200 $487,600
2019 $16,546 $671,800 $184,200 $487,600
2018 $16,090 $671,800 $184,200 $487,600
2017 $15,962 $671,800 $184,200 $487,600
2016 $15,909 $674,100 $184,200 $489,900
2015 $15,504 $674,100 $184,200 $489,900
2014 $15,390 $674,100 $184,200 $489,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3620051

Garden State MLS

APN: 08-00022-0000-00004