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$375,000

Beds
3
Baths
2.5
sq ft
2,330

1068 Rainbow Cir, Elmer, NJ 08318

1068 Rainbow Cir

ELMER, NJ 08318

  • Pending
    • Price drop $20,000↓
Welcome Home to this 3 bed 2 1/2 bath move in ready home on .49 acres with a bonus room in the Palatine Lake Community. This home has so much to offer. Spacious living room, Large dinning room with Gas fireplace insert. 1/2 bath conveniently located on the main floor. The main floor has a bonus room that could be a bedroom or an office. The wall could also be removed for access to the kitchen. Spacious patio with paving stones great for entertaining. Lots of storage space throughout this home. 1 car attached garage. Professional photos coming soon. This home is strictly sold "as is" even though there is nothing wrong with this home. Schedule your tour today! Buyer responsible for all inspection, lender repairs. The seller will provide the Certificate of occupancy only. Sellers looking for a quick close they have a property waiting for them to move into.

Details

Property type

Single Family Residence

Est. home value

$407,275

Lot size

0.48 acres

Price per sq ft

$161

Year built

1985

Annual property taxes

$9,603

Monthly HOA fee

$57.5

Price History

09/23/2024
Bright

Bright #NJSA2011488

Pending
$375,000
09/01/2024
Bright

Bright #NJSA2011488

Price change
$375,000
-5.06%
08/18/2024
Bright

Bright #NJSA2011488

Price change
$395,000
-1.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$132,830
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$212,170
Cash to seller
$132,830

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Meridian Bank

Loan start date

July 2020

Original loan amount

$232,750

Est. remaining balance

$212,170

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Richard Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 10/05/2024 at 5:05 PM

Listing updated: 09/23/2024 at 6:30 PM

Listed by: Jessica Ann Mashburn, Exit Homestead Realty Professi Phone #: (856) 692-3948

MLS: Bright #NJSA2011488

Bright logo

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