$999,000

12139 Palmetto Way Dunnellon, FL 34432

Estimated payment $6,149/month

Total Views 4,409
3 Beds
2 Baths
2,230 Sq Ft
$448 Price per Sq Ft

Highlights

  • Airport or Runway
  • Community Boat Facilities
  • RV Access or Parking
  • Docks
  • River Front
  • Ranch Style House

About This Home

Own Your Slice of Heaven on the Rainbow River. Discover the perfect riverfront retreat with this beautifully maintained home on the pristine Rainbow River. Enjoy an open-concept kitchen and living area—ideal for entertaining family and friends. Step outside to your private dock for kayaking, tubing, or boating right from your backyard. Cruise into Dunnellon by boat, explore the scenic Withlacoochee River, or head to Lake Rousseau for exceptional freshwater fishing. Relax on your screened patio while taking in breathtaking views of the river, or spend the day at nearby Rainbow Springs State Park for a family picnic. Conveniently located with easy access to Ocala, Gainesville, Crystal River, the Suncoast Parkway to Tampa, and Gulf Coast fishing. Close to shopping, dining, golf courses, medical facilities, and more. Don’t miss this rare opportunity to live where others vacation!

Listing Agent

Nancy Little-Lewis

Compass Homes and Land LLC License #3106710 Listed on: 05/12/2025

Compass Homes and Land LLC

Co-Listing Agent

Brittany Williams

Compass Homes and Land LLC License #3606665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,968

Year Built

  • Built in 1961

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 95x225
  • River Front
  • West Facing Home
  • Rectangular Lot
  • Metered Sprinkler System
  • Property is zoned Out of County

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Docks

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Restaurant
  • Airport or Runway
  • Laundry Facilities

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,968

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Co List Office Mls Id: 11170
  • Co List Office Phone: (352) 447-2595
  • Directions: at 41 and 484 head east to Palmetto Way, turn right, to home on the left
  • Water Frontage Type: River, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.49
  • Lot Size: 95x225
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Year Built: 1961
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Laminate Counters, Primary Suite, Pantry, Shower Only, Separate Shower
  • Living Area: 2230.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: West
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Boat Dock/Slip, River Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway, Boat, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Laundry Facilities, Restaurant, Airport/Runway, Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 21375.0
  • Zoning: Out of County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9967.99
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,968 $507,121 -- --
2023 $9,968 $461,019 $0 $0
2022 $8,419 $419,108 $0 $0
2021 $7,597 $393,566 $212,824 $180,742
2020 $6,890 $346,370 $185,915 $160,455
2019 $6,879 $342,633 $185,915 $156,718
2018 $2,634 $169,622 $0 $0
2017 $2,519 $166,133 $0 $0
2016 $2,409 $162,716 $0 $0
2015 $2,427 $161,585 $0 $0
2014 $2,271 $159,552 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2025 05/12/25 For Sale $999,000 +117.2% $448 / Sq Ft
12/23/2019 12/23/19 Sold $460,000 0.0% $206 / Sq Ft View Prior Sale
12/23/2019 12/23/19 Sold $460,000 0.0% $206 / Sq Ft View Prior Sale
12/23/2019 12/23/19 For Sale $460,000 -7.1% $206 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/14/2019 11/14/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $495,000 +17.9% $222 / Sq Ft
10/10/2018 10/10/18 Sold $420,000 0.0% $188 / Sq Ft View Prior Sale
10/10/2018 10/10/18 Sold $420,000 -10.4% $188 / Sq Ft View Prior Sale
09/10/2018 09/10/18 Pending -- -- --
09/01/2018 09/01/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $469,000 -6.2% $210 / Sq Ft
04/24/2017 04/24/17 For Sale $500,000 -- $224 / Sq Ft
Source: REALTORS® Association of Citrus County

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $460,000 Wollinka Wikle Ttl Ins Agcy
Warranty Deed $420,000 First International Title In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 Commercial
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 844648

REALTORS® Association of Citrus County

APN: 3383-001-011