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1063 Rainbow Circle

1063 Rainbow Circle, Elmer, NJ 08318
Property in Salem
Sold Sep 18, 2014
$133,000
$130,591 by Acremortgage And Financial Inc
Mortgage Due Sep 01, 2044
Sold May 24, 2001
$145,000
$116,000 by Columbia Svgs Bank
Mortgage Due Jun 01, 2031
Local assessors in Elmer, NJ have categorized 1063 Rainbow Circle as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 20,909 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1063 Rainbow Circle has a total of 1,844 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The property was last sold in Aug 29, 2014 for $133,000. That's $72.13 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2001 for $145,000. 1063 Rainbow Circle was last assessed in 2023. The total value of the property was assessed at $211,100. Specifically, the land the property is located on was valued at $64,900. While improvements on the property were assessed at a total of $146,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,476. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BUMPUS ROBERT L
  • Current Owner 2: BUMPUS JOANN B
  • Previous Owner : MYERS PATRICIA B
  • Previous Owner 2: DE LORENZO PATRICIA B
  • Owner Before Previous Owner: NEIL RICHARD
  • Owner Before Previous Owner 2: NEIL SUZANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pittsgrove Township School District
  • Census Tract: 021101

Geography

  • Assessors Map Reference: TAX MAP 1501
  • District: 11
  • Parcel: 11 01514-0000-00050
  • Block: 1514
  • Lot: 50
  • Municipality: PITTSGROVE TWP
  • Latitude: 39.5483
  • Longitude: -75.1599

    Address

  • Full Address: 1063 Rainbow Cir
  • Address - House Number: 1063
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Elmer
  • Carrier Code: R004
  • 4-Digit Zip Code: 9167
  • Zip Code: 08318

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,591
  • First Open Lien Mortgage Lender: ACREMORTGAGE AND FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $130,591
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $211,100
  • Market Land Value: $64,900
  • Market Improvement Value: $146,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,100
  • Assessed Land Value: $64,900
  • Assessed Improvements Value: $146,200

    Sales

  • Current Sale Contract Date: Aug 29, 2014
  • Current Sale Recording Date: Sep 18, 2014
  • Current Sale Transaction ID: 1120707489
  • Current Sale Price: $133,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 78850
  • Previous Sale Recording Date: May 24, 2001
  • Previous Sale Contract Date: Apr 30, 2001
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACREMORTGAGE AND FINANCIAL INC
  • First Mortgage Transaction Date: Sep 18, 2014
  • First Mortgage Loan Amount: $130,591
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2044

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBIA SVGS BANK
  • Previous Mortgage Transaction Date: May 24, 2001
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jun 01, 2031

About Olivet



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Frequently Asked Questions

What neighborhood is 1063 Rainbow Circle located in?
The 1063 Rainbow Circle is a located in the neighborhood of Salem in Olivet, Elmer.
What is the average sales price for listings in 1063 Rainbow Circle?
The average sales price for units in 1063 Rainbow Circle is $0 currently.

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