NOT LISTED FOR SALE

7 Rainbow Trail Mountain Lakes, NJ 07046

Estimated Value: $650,000 - $800,000

-- Bed
3 Baths
1,412 Sq Ft
$527/Sq Ft Est. Value

About This Home

This home is located at 7 Rainbow Trail, Mountain Lakes, NJ 07046 and is currently estimated at $744,274, approximately $527 per square foot. 7 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
Aug 30, 2017
Sold by
Salmon Grant G and Salmon Michelle L
Bought by
Murinz Borrower Dena S
Current Estimated Value
$749,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
Liu Yongmin and Dong Xiaowei
Bought by
Salmon Grant G and Salmon Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Shohen Bruce and Shohen Elisabeth
Bought by
Liu Yongmin and Dong Xiaowei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,910
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1993
Sold by
Heller Richard
Bought by
Shohen Bruce and Shohen Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Murinz Borrower Dena S $489,000 Nrt Title Agency Llc
Salmon Grant G $405,000 Acres Land Title Agency Llc
Liu Yongmin $424,888 None Available
Shohen Bruce $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz Dena $438,000
Closed Muniz Dena $438,000
Closed Murinz Borrower Dena S $459,000
Previous Owner Salmon Grant G $369,225
Previous Owner Salmon Grant G $375,000
Previous Owner Salmon Grant G $360,000
Previous Owner Liu Yongmin $339,910
Previous Owner Shohen Bruce $100,000
Previous Owner Shohen Bruce $148,000
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 $11,950 $506,100 $312,600 $193,500
2023 $11,950 $472,700 $290,200 $182,500
2022 $11,763 $433,400 $271,100 $162,300
2021 $9,532 $419,200 $263,200 $156,000
2020 $9,874 $352,400 $255,600 $96,800
2019 $9,532 $352,400 $255,600 $96,800
2018 $9,169 $348,900 $255,600 $93,300
2017 $8,974 $348,900 $255,600 $93,300
2016 $8,817 $348,900 $255,600 $93,300
2015 $8,611 $348,900 $255,600 $93,300
2014 $8,450 $348,900 $255,600 $93,300
Source: Public Records

Map

New Jersey Morris County Mountain Lakes 07046

7 Rainbow Trail, Mountain Lakes, NJ

This home is located at 7 Rainbow Trail, Mountain Lakes, NJ 07046 and is currently estimated at $744,274, approximately $527 per square foot. 7 Rainbow Trail is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

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.

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