NOT LISTED FOR SALE

Estimated Value: $412,126 - $479,000

4 Beds
2 Baths
2,224 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $250,000 $112 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,633/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.11 Acre Lot
  • No HOA
  • Waterfront
  • Open Floorplan
  • Community Pool

About This Home

As of November 2020

NICE HOME TO COME HOME TO! INVITING 4 BEDROOM, 2 BATH, 2 CAR GARAGE HOME ON A 1.11 ACRE LOT IN POPULAR RAINBOW SPRINGS FOREST WAS BUILT IN 2008 WITH 2224 LIVING SQ. FT. AND FEATURES SPLIT BEDROOM PLAN, KITCHEN OPEN TO FAMILY ROOM, SEPARATE LIVING ROOM AND INSIDE LAUNDRY. SELLER OFFERING $4,000 CREDIT AT CLOSING FOR NEW FLOORING. RAINBOW SPRINGS HOA IS ONLY $230 PER YEAR AND INCLUDES ACCESS TO THE RAINBOW RIVER, NEWLY RENOVATED CLUBHOUSE, COMMUNITY POOL, TENNIS COURTS, PICKLEBALL, BILLIARDS ROOM, EXERCISE ROOM, RESTAURANT AND MUCH MORE.

Last Agent to Sell the Property

Reilly Moore Team

Coldwell Banker Riverland Realty Listed on: 09/15/2020

Coldwell Banker Riverland Realty

Co-Listed By

Freddie Moore

Coldwell Banker Riverland Realty License #3060836

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 2008

Lot Details

  • 1.11 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Cleared Lot
  • Property is zoned A1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Water Access

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Rainbow Springs Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,190

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Co List Office Mls Id: 2470
  • Co List Office Phone: (352) 489-4511
  • Directions: FROM HWY 40, GO SOUTH ON SW 185 AVE RD. (ENTRANCE TO RAINBOW SPRINGS FOREST) TO L/SW 68 LOOP TO SIGN ON RIGHT.
  • Water Frontage Type: Waterfront
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.11
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Rainbow Springs
  • Year Built: 2008
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate
  • Interior Amenities: Master Suite, Open Floorplan, Shower Only, Separate Shower, Walk-In Closet(s)
  • Living Area: 2224.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Paved Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Acreage, Cleared
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Water Access
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Community Pool

Lot Info

  • Lot Size Sq Ft: 48352.0
  • Zoning: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3190.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 25, 2020
Sold by
Davis Ronald C and Ronald C Davis Revocable Trust
Bought by
George William C and George Darcy A
Seller's Agent
Reilly Moore Team
Coldwell Banker Riverland Realty
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$449,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,032
Avg. Annual Appreciation
12.95%
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2012
Closed on
Feb 14, 2013
Sold by
Branch Banking & Trust Company
Bought by
Davis Ronald C and Ronald C Davis Revocable Trust
List Price
$131,500
Sold Price
$110,000
Premium/Discount to List
-$21,500
-16.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
May 10, 2012
Sold by
Palomino Lucia and Cano Katherine
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 30, 2007
Sold by
Rothschild Ronald and Rothschild Carolyn
Bought by
Palomino Lucia and Cano Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2005
Sold by
Longley Lester and Longley Angela
Bought by
Rothschild Ronald and Rothschild Carolyn

Purchase Details

Closed on
Jun 14, 2005
Sold by
Pronto Construction Inc
Bought by
Longley Lester and Longley Angela

Purchase Details

Closed on
Oct 24, 2001
Sold by
State Of Florida/Marion County
Bought by
Pronto Construction Inc
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
George William C $250,000 First International Ttl Inc
George William C $250,000 First International Title
Davis Ronald C $110,000 Bridgetrust Title Group
Branch Banking & Trust Company -- None Available
Palomino Lucia $56,200 Tropical Land Title Insuranc
Rothschild Ronald $50,000 First American Title Ins Co
Longley Lester $11,000 --
Pronto Construction Inc $3,110 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George William C $247,000
Closed George William C $200,000
Previous Owner Palomino Lucia $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $250,000 -2.0% $112 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $255,000 0.0% $115 / Sq Ft
04/30/2020 04/30/20 Off Market $1,200 -- --
04/30/2020 04/30/20 Off Market $110,000 -- --
05/17/2016 05/17/16 For Rent $1,200 0.0% --
05/17/2016 05/17/16 Rented $1,200 0.0% --
02/06/2015 02/06/15 Rented $1,200 0.0% --
04/26/2013 04/26/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent $1,200 0.0% --
02/19/2013 02/19/13 Sold $110,000 -16.3% $49 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $131,500 -- $59 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $3,141 $221,033 -- --
2023 $3,064 $214,595 $0 $0
2022 $2,854 $200,740 $0 $0
2021 $2,852 $194,893 $14,500 $180,393
2020 $3,419 $189,446 $15,300 $174,146
2019 $3,190 $175,439 $11,900 $163,539
2018 $2,793 $155,227 $12,500 $142,727
2017 $2,751 $152,154 $11,900 $140,254
2016 $2,638 $144,412 $0 $0
2015 $2,560 $137,544 $0 $0
2014 $2,376 $133,392 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 794781

REALTORS® Association of Citrus County

APN: 3291-126-003