NOT LISTED FOR SALE

0 SW 88th Ln Rd Unit OM642010 Dunnellon, FL 34431

Rainbow Springs Neighborhood

Estimated Value: $262,000

1.46 Acres
$179,452 Price per Acre
63,598 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $55,000

Est. 376% increase in value since last sale

Current estimated payment $1,440/month

396 Days on Market

About This Lot

As of September 2023

Under contract-accepting backup offers. Build your dream home in the sought after community of Woodlands Estates in Rainbow Springs. This 1.46 acre wooded lot has lake access. Close to shopping, restaurants and the beautiful Rainbow River.

Last Agent to Sell the Property

Niurka Klemencic

FLORIDA HOMES REALTY & MORTGAGE Brokerage Phone: 904-996-9144 License #3447504 Listed on: 07/12/2022

FLORIDA HOMES REALTY & MORTGAGE

Last Buyer's Agent

Cheryl Regina

RAINBOW SPRINGS REALTY GROUP License #3521070

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $204

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 332 x 95
  • Property is zoned A1

HOA Fees

  • $19 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Rainbow Springs Property Owner's Assoc Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Spgs 01 Rep Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 17
  • Assessor Parcel Number 3292-017-010

Property Details

Property Type

Land

Est. Annual Taxes

$204

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.46
  • Lot Size Sq Ft: 63598
  • Directions to Property: Turn right onto US Hwy 41 S. Turn right onto SW 217th Court Rd. Turn left onto SW 88th Ln Rd, lot is on the right hand side.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Dunnellon
  • Escrow Postal Code: 34431
  • Escrow State: FL
  • Escrow Street Name: W. Pennsylvania Ave
  • Escrow Street Number: 20668
  • List Office Head Office Key Nume: 1041770
  • RATIO Current Price By Calculate: 0.86
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0655D
  • Price Per Acre: 37671

Utilities

  • Utilities: Electrical Nearby, Telephone Nearby, Water Nearby
  • Sewer: Septic Needed
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Name: RAINBOW SPRINGS PROPERTY OWNER'S ASSOC
  • Phone: (352) 489-1621
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association URL: https://rspoa.nabrnetwork.com/home.php

Fee Information

  • Total Annual Fees: 230.00
  • Total Monthly Fees: 19.17
  • Monthly HOA Amount: 19.17

Lot Info

  • Zoning: A1
  • Parcel Number: 3292-017-010
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 332 x 95
  • Flood Zone Code: A
  • Lot Size Square Meters: 5908

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 204
  • Tax Block: 17
  • Tax Book Number: R-041
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 1, 2023
Sold by
Stack Arthur J
Bought by
Brauch Jill E and Brauch Denny R
Seller's Agent
Niurka Klemencic
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Cheryl Regina
RAINBOW SPRINGS REALTY GROUP
List Price
$80,000
Sold Price
$55,000
Premium/Discount to List
-$25,000
-31.25%
Views
287
Current Estimated Value
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,000
Avg. Annual Appreciation
113.35%

Purchase Details

Closed on
May 31, 2005
Sold by
Warren Frank N and Warren Leona M
Bought by
Stack Arthur J and Stack Peggy K

Purchase Details

Closed on
Mar 25, 2004
Sold by
Donze Alan T and Donze Denise B
Bought by
Warren Frank N and Warren Leona M
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
Brauch Jill E $55,000 Clear Choice Title
Brauch Jill E $55,000 Clear Choice Title
Stack Arthur J $76,500 First American Title Ins Co
Warren Frank N $13,900 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $55,000 -8.3% --
08/13/2023 08/13/23 Pending -- -- --
07/09/2023 07/09/23 Price Changed $60,000 -25.0% --
02/01/2023 02/01/23 For Sale $80,000 0.0% --
10/17/2022 10/17/22 Off Market $80,000 -- --
07/12/2022 07/12/22 For Sale $80,000 -- --
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
2024 $448 $27,488 $27,488 --
2023 $317 $13,009 $0 $0
2022 $233 $11,826 $0 $0
2021 $204 $12,150 $12,150 $0
2020 $201 $12,825 $12,825 $0
2019 $175 $9,975 $9,975 $0
2018 $165 $10,500 $10,500 $0
2017 $147 $8,925 $8,925 $0
2016 $126 $6,675 $0 $0
2015 $144 $7,650 $0 $0
2014 $135 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM642010

Stellar MLS

APN: 3292-017-010