NOT LISTED FOR SALE

Estimated Value: $353,000 - $529,000

1.1 Acres
$384,410 Price per Acre
47,916 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $46,000

Est. 819% increase in value since last sale

Current estimated payment $2,431/month

118 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • 1.1 Acre Lot
  • Wooded Lot
  • Tennis Courts

About This Lot

As of August 2022

Welcome to The Forest at Rainbow Springs. This deed-restricted community features oversized buildable lots in a very serene environment. This 1.10 acre wooded parcel has a premium location at the end of a cul-de-sac and a 10’ cleared buffer that runs along the entire east property boundary. This private setting is an ideal location for the home of your dreams. Amongst the heavily wooded landscape you’ll discover a historic long leaf pine that provides unique character and beauty. These premium lots in this development are becoming fewer and fewer. Amenities include: community swimming pool, clubhouse, bocce ball, pickle ball, tennis, basketball, driving range, restaurant, disc golf and access to the 3 acre residents park which is just a 1500 foot peaceful kayak or canoe paddle from the first magnitude Rainbow River State Park head spring. This exclusive community river park has 2 large pavilions, barbecue grills, segregated bathrooms, outdoor showers, private swimming area and kayak launch. Whether planning to build soon, in the near future or use as an investment property this ideal location places you at the doorstep of small town living away from the noise, yet within 10 minutes from medical facilities, supermarkets, restaurants, Dunnellon City Center, and yes, your community private beach. Ocala is only a 30-minute drive and the college town of Gainesville and vacation attractions found in nearby Tampa and Orlando are just a short drive. Enjoy Florida living in Dunnellon.

Last Agent to Sell the Property

Cheryl Regina

RAINBOW SPRINGS REALTY GROUP License #3521070 Listed on: 03/24/2022

Last Buyer's Agent

Sean Plunkett

TRIPLE CROWN RLTY/OCALA License #3491563

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $246

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 134 x 359
  • Street terminates at a dead end
  • South Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $19 Monthly HOA Fees

Accessible Home Design

  • Wheelchair Access

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 19 / 118
  • Assessor Parcel Number 3291-118-019

Community Details

Overview

  • Association fees include community pool, manager, recreational facilities, security
  • Jean Rudd Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Spring The Forest Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$246

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • HOA Fee Includes: Community Pool, Manager, Recreational Facilities, Security
  • Property Type: Land
  • Lot Size Acres: 1.1
  • Lot Size Sq Ft: 48106
  • Directions to Property: Heading from Ocala, take SR 40 West towards Dunnellon. At the entrance to The Forest, turn left onto SW 185 Ave Rd. Turn right of SW 77 Place Rd. Turn left on SW 186 Circle and then immediately turn left onto SW 78 Street. Lot is at the end of the culdasac, sign in place.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.92929
  • Price per Sq Ft: 0.96
  • Close to Original List Price Ratio: 0.83789
  • 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: 0000

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Front Footage: 134
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Security, Tennis Court(s), Trail(s), Wheelchair Access
  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Name: Jean Rudd
  • Phone: 352-489-1621
  • Association: Yes
  • Association Website: rspoa.nabrnetwork.com
  • Association Email: rspoacam@villagesservices.net
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 230
  • Monthly HOA Fee: 19.17
  • Total Monthly Fees: 19.17

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 3291-118-019
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Level, Wooded
  • Lot Dimensions: 134 x 359
  • Price Per Acre: 41818
  • Flood Zone Code: X
  • Current Adjacent Use: Vacant
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 246
  • Tax Block: 118
  • Tax Book Number: 10
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Aug 26, 2022
Sold by
Angela Kelly Trust
Bought by
Bergquist John and Bergquist Karen
Seller's Agent
Cheryl Regina
RAINBOW SPRINGS REALTY GROUP
Buyer's Agent
Sean Plunkett
TRIPLE CROWN RLTY/OCALA
List Price
$54,900
Sold Price
$46,000
Premium/Discount to List
-$8,900
-16.21%
Current Estimated Value
$422,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,851
Avg. Annual Appreciation
98.46%

Purchase Details

Closed on
Sep 9, 2008
Sold by
Kelly John A and Kelly Angela
Bought by
Kelly John A and Kelly Angela

Purchase Details

Closed on
May 6, 2005
Sold by
Sofia Dolly and Abichedid Fredde
Bought by
Kelly John and Kelly Angela
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
Bergquist John $46,000 --
Kelly John A -- None Available
Kelly John $53,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $46,000 -7.1% --
07/21/2022 07/21/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $49,500 -9.8% --
03/24/2022 03/24/22 For Sale $54,900 -- --
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 $672 $41,500 $41,500 $0
2022 $303 $15,767 $0 $0
2021 $254 $14,500 $14,500 $0
2020 $249 $15,300 $15,300 $0
2019 $216 $11,900 $11,900 $0
2018 $202 $12,500 $12,500 $0
2017 $190 $11,900 $11,900 $0
2016 $162 $8,900 $0 $0
2015 $186 $10,200 $0 $0
2014 $174 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM636397

Stellar MLS

APN: 3291-118-019