NOT LISTED FOR SALE

00 SW Corner of Indian Hill & Bamboo Ln Dunnellon, FL 34431

Rainbow Lakes Estates Neighborhood

Estimated Value: $71,000 - $471,000

0.99 Acre
$277,441 Price per Acre
43,124 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $17,000

Est. 1,516% increase in value since last sale

Current estimated payment $1,559/month

104 Days on Market

About This Lot

As of September 2023

Beautiful .99 acre corner lot in Rainbow Lakes Estates with new and existing site built homes. Located in the quaint town of Dunnellon close to the Rainbow River and Rainbow Springs State Park. Perfect place to spend the day tubing, kayaking or having a picnic. Close to Downtown Dunnellon with lots of shopping and restaurants.

Last Agent to Sell the Property

Denise Bibeau

RE/MAX ALLSTARS REALTY Brokerage Phone: 352-484-0155 License #3352777 Listed on: 04/18/2023

RE/MAX ALLSTARS REALTY

Last Buyer's Agent

Eric Hadley

ALDANA REALTY LLC License #3277818

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $193

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135x320
  • Property is zoned R1

Utilities

  • Well Required
  • Septic Needed
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

  • Legal Lot and Block 42 / 3
  • Assessor Parcel Number 1809-003-042

Property Details

Property Type

Land

Est. Annual Taxes

$193

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.99
  • Lot Size Sq Ft: 43124
  • Directions to Property: W on SR 40--TR US Hwy 41---TL SW Rainbow Lakes Blvd---TR SW Persimmon Lane---TL SW Marine Blvd--TR SW Persimmon Lane---TL SW Sea Cliff Blvd---TL Indian Hill Drive---Lot is on corner of Indian Hill Drive & Bamboo Lane
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow Postal Code: 34470
  • Escrow State: FL
  • Escrow Street Name: E Silver Springs Blvd
  • Escrow Street Number: 1808
  • List Office Head Office Key Nume: 1044877
  • RATIO Current Price By Calculate: 0.39
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 00

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Land Sales Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 17172

Utilities

  • Utilities: BB/HS Internet Available, Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 1809-003-042
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 135x320
  • Flood Zone Code: X
  • Lot Size Square Meters: 4006

Tax Info

  • Tax Annual Amount: 193.41
  • Tax Block: 3
  • Tax Book Number: G-003
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Aldana Contracting Llc
Bought by
Hutson Timothy R
Current Estimated Value
$274,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Outstanding Balance
$229,128
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$45,539

Purchase Details

Listed on
Apr 18, 2023
Closed on
Sep 19, 2023
Sold by
Sugar Sand Road Llc
Bought by
Aldana Contracting Llc
Seller's Agent
Denise Bibeau
RE/MAX ALLSTARS REALTY
Buyer's Agent
Eric Hadley
ALDANA REALTY LLC
List Price
$22,000
Sold Price
$17,000
Premium/Discount to List
-$5,000
-22.73%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
390.33%

Purchase Details

Closed on
Nov 14, 2022
Sold by
Marion County
Bought by
Sugar Sand Road Llc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Samms Mavis
Bought by
Mcpherson Jenella V

Purchase Details

Closed on
Jun 1, 2004
Sold by
Kolans Joseph and Kolans Dorothy
Bought by
Samms Mavis
Source: Public Records

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Range of Values:

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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
Hutson Timothy R $25,000 True Title
Aldana Contracting Llc $17,000 True Title
Sugar Sand Road Llc $16,100 --
Mcpherson Jenella V $14,000 --
Samms Mavis $10,700 Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutson Timothy R $231,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $17,000 -10.5% --
08/01/2023 08/01/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $19,000 -13.6% --
04/18/2023 04/18/23 For Sale $22,000 -- --
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 $344 $13,000 $13,000 $0
2022 $193 $5,142 $0 $0
2021 $157 $5,100 $5,100 $0
2020 $147 $4,250 $4,250 $0
2019 $147 $4,200 $4,200 $0
2018 $150 $4,500 $4,500 $0
2017 $143 $4,200 $4,200 $0
2016 $139 $3,751 $0 $0
2015 $136 $3,410 $0 $0
2014 $122 $3,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM656688

Stellar MLS

APN: 1809-003-042