NOT LISTED FOR SALE

Estimated Value: $713,000 - $1,058,000

3 Beds
2.5 Baths
1,479 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $850,000 $575 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,752/month

264 Days on Market

Highlights

  • 175 Feet of Riverfront
  • 1.35 Acre Lot
  • Deck
  • Dock made with wood
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of May 2023

Location, Location, Location! This 3/2.5/1 waterfront home is located on the crystal clear, spring-feed Rainbow River. The river is in the southwest corner of Marion County Florida, just southwest of Ocala, northwest of Orlando and north of the Tampa Bay area. There is almost 6 miles of majestic spring water merging with the Withlacoochee River, and a bucket list for many who have enjoyed its amazing views. Come make the Rainbow River your permanent home or home away from home and enjoy all it has to offer. Short-term rentals permitted if additional income is desired. This property boast of almost an acre and a half of land and 175 feet of riverfront. Seller has owned for over 30 years and said that property has never flooded.The property also has a 1-car detached garage for all your storage needs. With a large outdoor covered porch, extended deck and boardwalk with dock, there is plenty of outdoor space for entertaining. The quaint little town of Dunnellon has built a community around these beautiful waterways and offers some excellent restaurants and shops to explore. Do not miss this rare opportunity to live on one of the treasures of the Nature Coast.

Last Agent to Sell the Property

Amy Messer

MEEK REAL ESTATE SALES, LLC License #3361736 Listed on: 08/01/2022

MEEK REAL ESTATE SALES, LLC

Last Buyer's Agent

Amy Messer

MEEK REAL ESTATE SALES, LLC License #3361736 Listed on: 08/01/2022

MEEK REAL ESTATE SALES, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,338

Year Built

  • Built in 1975

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 175x666
  • 175 Feet of Riverfront
  • River Front
  • Southwest Facing Home
  • Chain Link Fence
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Shingle Roof
  • Pile Dwellings

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • River Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Sec 30 Twp 16 Rge 19 Com At Sw Cor Of Se 1/4 Of Nw Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,338

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1479
  • Lot Size Acres: 1.35
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2867
  • Lot Size Sq Ft: 58701
  • Directions to Property: From N Florida Ave take a right at the light on to E Pennsylvania Ave. Take a left on to SW 190th Ave for about 1.6 miles. The property 11154 190th Ave is on your left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044946
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 574.71
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 11154
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 137.40
  • Room Count: 6

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: RAINBOW RIVER
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: River
  • Water Extras: Dock - Open,Dock - Wood
  • Water Extras YN: 1
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 175
  • Water Frontage Feet River: 175

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Condo Land Included YN: 0

Fee Information

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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 34868-000-00
  • Additional Parcels: No
  • Fencing: Chain Link, Fenced
  • Lot Dimensions: 175x666
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 5453

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 7337.62
  • Tax Block: -
  • Tax Book Number: 1728/0859
  • Tax Lot: 9

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
May 24, 2023
Sold by
Harry Hancock Trust
Bought by
Jones Bruce L and Jones Jana L
Seller's Agent
Amy Messer
MEEK REAL ESTATE SALES, LLC
Buyer's Agent
Amy Messer
MEEK REAL ESTATE SALES, LLC
List Price
$1,390,000
Sold Price
$850,000
Premium/Discount to List
-$540,000
-38.85%
Views
291
Current Estimated Value
$893,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,705
Avg. Annual Appreciation
2.18%
Source: Public Records

Range of Values:

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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
Jones Bruce L $850,000 Citrus Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $850,000 -20.9% $575 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
02/25/2023 02/25/23 Price Changed $1,075,000 -15.7% $727 / Sq Ft
11/17/2022 11/17/22 Price Changed $1,275,000 -3.0% $862 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,314,000 +0.3% $888 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,310,000 -0.4% $886 / Sq Ft
10/21/2022 10/21/22 Price Changed $1,315,000 -1.9% $889 / Sq Ft
10/14/2022 10/14/22 Price Changed $1,340,000 -1.8% $906 / Sq Ft
09/25/2022 09/25/22 Price Changed $1,365,000 -1.8% $923 / Sq Ft
08/01/2022 08/01/22 For Sale $1,390,000 -- $940 / Sq Ft
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 $12,387 $772,978 $608,850 $164,128
2023 $8,973 $513,224 $0 $0
2022 $8,186 $466,567 $0 $0
2021 $7,338 $435,287 $294,278 $141,009
2020 $6,678 $385,593 $257,070 $128,523
2019 $6,679 $381,558 $257,070 $124,488
2018 $6,101 $360,886 $257,070 $103,816
2017 $5,960 $351,068 $257,070 $93,998
2016 $6,576 $369,877 $0 $0
2015 $5,870 $336,252 $0 $0
2014 $5,551 $334,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM643525

Stellar MLS

APN: 34868-000-00