NOT LISTED FOR SALE

0 SW 198th Circle Blk 167 Lot 50 Unit OM638680 Dunnellon, FL 34432

Rainbow Springs Neighborhood

Estimated Value: $286,000 - $324,000

0.34 Acre
$881,797 Price per Acre
14,810 Sq Ft Lot

Last Sold March 13, 2023

Last sale price $23,500

Est. 1,176% increase in value since last sale

Current estimated payment $1,713/month

297 Days on Market

Highlights

  • Beach Access
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Wooded Lot
  • Community Basketball Court

About This Lot

As of March 2023

Nice .34 acre lot ready for you to build your dream home in Rainbow Springs Country Club Estates. The added benefits of being a property owner in Rainbow Springs Country Club are the amenities which include: Community Center with Art, Card, Billiards, and Exercise Rooms, on site restaurant, Tennis, Pickle Ball, Basketball, Disc Golf, and Pool....There is also access to the beautiful Rainbow River through the resident's private park area where there are also 2 pavilions, kayak and canoe launch area, and restrooms.

Last Agent to Sell the Property

Chris Hodges

DUNNELLON REAL ESTATE LLC License #3260213 Listed on: 05/05/2022

Last Buyer's Agent

Chris Hodges

DUNNELLON REAL ESTATE LLC License #3260213 Listed on: 05/05/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $140

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 102 x 145
  • North Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $20 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / 167
  • Assessor Parcel Number 3297-167-050

Community Details

Overview

  • Villages Services Association, Phone Number (352) 746-6770
  • Rainbow Spgs 05 Rep Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Beach Access
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$140

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14790
  • Directions to Property: From Dunnellon: US Highway 41 North to East on SW 93rd Lane Road to Right on SW 198th Circle to lot on Right past SW 97th Lane.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.81034
  • Price per Sq Ft: 1.59
  • Close to Original List Price Ratio: 0.81034
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 0

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water Access: Beach
  • Water View Y N: No
  • Front Footage: 102
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electrical Nearby, Sewer Nearby, Telephone Nearby, Underground Utilities, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities
  • Association Fee: 236
  • Association Fee Frequency: Annually
  • Association Name: Villages Services
  • Phone: 352-746-6770
  • Association: Yes
  • Association Email: j.rugg@villagesservices.net
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 236
  • Monthly HOA Fee: 19.67
  • Total Monthly Fees: 19.67

Lot Info

  • Zoning: R1
  • Parcel Number: 3297-167-050
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, In County, Level, Room For Pool, Wooded
  • Lot Dimensions: 102 X 145
  • Price Per Acre: 69118
  • Flood Zone Code: X
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 140
  • Tax Block: 167
  • Tax Book Number: 046
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
H Stuart Investments Llc
Bought by
Morton Michael and Phillips Pamela J
Total Days on Market
297
Current Estimated Value
$299,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2022
Closed on
Mar 10, 2023
Sold by
Nuview Ira Inc
Bought by
H Stuart Investments Llc
Seller's Agent
Chris Hodges
DUNNELLON REAL ESTATE LLC
Buyer's Agent
Chris Hodges
DUNNELLON REAL ESTATE LLC
List Price
$29,000
Sold Price
$23,500
Premium/Discount to List
-$5,500
-18.97%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.64%
Source: Public Records

Range of Values:

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Average Value
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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
Morton Michael $274,500 True Title
H Stuart Investments Llc $23,500 All Florida Homes Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Michael $247,000
Closed Morton Michael $219,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $23,500 -19.0% --
02/27/2023 02/27/23 Pending -- -- --
05/05/2022 05/05/22 For Sale $29,000 -- --
Source: Stellar 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
2023 $197 $5,521 $0 $0
2022 $151 $5,019 $0 $0
2021 $130 $10,300 $10,300 $0
2020 $104 $6,952 $6,952 $0
2019 $102 $6,952 $6,952 $0
2018 $102 $7,725 $7,725 $0
2017 $216 $6,867 $6,867 $0
2016 $209 $2,833 $0 $0
2015 $181 $2,575 $0 $0
2014 $273 $8,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM638680

Stellar MLS

APN: 3297-167-050