See Home Value
Ocean 08724
120 Rainbow Drive
$305,000
House - Off Market

120 Rainbow Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1320 Sqft
$414,578
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome home to 120 Rainbow Dr.  This beautifully updated ranch home is move-in ready!  Located in the sought after Midstreams section of Brick, this 3 bedroom home features gleaming hardwood floors throughout, lots of natural light and an easy layout.   Entertain family and friends in the bright new kitchen, great room with decorative molding and the enclosed deck overlooking the fenced in yard.   The property is maturely landscaped and well cared for.   Whether you are searching for a primary or summer residence, this home has so much to offer.   Just 15 minutes to the beach, close to marinas, Jenkinsons boardwalk and major roadways.  Come see for yourself.
Unit Size
1,320Ft²
Days on Market
58 days
Land Size
0.30 acres
Price per sqft
$227
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1957
Last updated: 6 days ago (MOMLS #22014629)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 14, 2020 Sold to Maggie Williams, Mark Williams $305,000
Sold to Maggie Williams, Mark Williams
May 16, 2020 In contract -
In contract
May 11, 2020 Listed by Keller Williams Realty Spring Lake $299,000
Listed by Keller Williams Realty Spring Lake
Dec 8, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,125
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WILLIAMS MARK
  • Current Owner 2: WILLIAMS MAGGIE
  • Previous Owner : CASSIDY COLLEN
  • Owner Before Previous Owner: JONES LISA J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713600

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 50.1
  • Account Number: 00416433
  • District: 07
  • Parcel: 07 00902- 43-00008
  • Block: 902.43
  • Lot: 8
  • Municipality: BRICK TWP
  • Latitude: 40.0625
  • Longitude: -74.1001

    Address

  • Full Address: 120 Rainbow Dr
  • Address - House Number: 120
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C022
  • 4-Digit Zip Code: 4463
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,768

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 466,555
  • High Value: 557,659
  • Low Value: 375,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,500
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $274,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $236,300
  • Market Land Value: $160,100
  • Market Improvement Value: $76,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,300
  • Assessed Land Value: $160,100
  • Assessed Improvements Value: $76,200

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11772965414
  • Current Sale Price: $305,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020072810
  • Previous Sale Recording Date: Nov 20, 2013
  • Previous Sale Contract Date: Nov 19, 2013
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $274,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 20, 2013
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,400 ft²
$171/ft²
$239,900 May 31, 2019
$239,900 Jul 31, 2019
$482/mo
Commercial
Loft
-
-
$300,000 Apr 21, 2024
-
-
Land
Loft
-
-
$349,000 Jul 28, 2023
-
-

About Ocean


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Frequently Asked Questions

When was property at 120 Rainbow Drive built and last sold?
The property at 120 Rainbow Drive was built in 1957 and last sold on Jul 6, 2020 for $305,000.
How much is this home worth?
The estimated value of the home located at 120 Rainbow Drive is $312,242.
What are some comparable homes to 120 Rainbow Drive?
There are currently no comparable homes to 120 Rainbow Drive.

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