NOT LISTED FOR SALE

Estimated Value: $115,000 - $374,000

1.03 Acres
$255,987 Price per Acre
44,867 Sq Ft Lot

Last Sold December 13, 2022

Last sale price $33,000

Est. 699% increase in value since last sale

Current estimated payment $1,474/month

4 Days on Market

Highlights

  • Community Beach Access
  • 1.03 Acre Lot
  • Wooded Lot
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Lot

As of December 2022

Must Sell! 1.03 Acre Lot in The Forest at Rainbow Springs. Priced WAY below market to sell quickly. High and dry with clear title. Build your dream home today or invest in your future! Located in The Forest at Rainbow Springs, within the heart of North Central Florida. Enjoy Dunnellon, Ocala, and the great outdoors! Located in Dunnellon, just a short hop from the World Equestrian Center! An outdoor paradise awaits. Yet, shopping, dining, and excellent healthcare facilities are all nearby. Ocala, the Tampa Bay area, and Orlando are all an easy commute. The Rainbow Springs Club is available for use by community residents. Amenities include a swimming pool, tennis courts, Bache ball, pickle ball courts, billiards, horseshoes and Frisbee golf! Residents also enjoy access to the Rainbow Springs community park with river access. Own it today for a quick cash price of $34,900. Listing agent is related to owner/has an ownership interest in the property. The subject is a vacant lot without an assigned address. Use the nearby address of 18308 SW 73rd Loop, Dunnellon to navigate to the property. From the corner of U.S. 41 and S.R. 40, head northeast on S.R. 40 for 1.5 miles. Turn right (south) into the community on SW 185th Avenue for 1.2 miles. Turn left (east) onto SW 73rd Loop. The subject is on your left, opposite SW 181st Circle and adjacent to 18314 SW 73rd Loop.

Last Agent to Sell the Property

Gary Pendergast

FLORIDA RE ANALYSTS, INC License #578354 Listed on: 11/17/2022

Last Buyer's Agent

Lynne Eder

RAINBOW SPRINGS REALTY GROUP License #3441148

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 150x300
  • Oversized Lot
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $19 Monthly HOA Fees

Accessible Home Design

  • Wheelchair Access

Utilities

  • Well Required
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 19 / 121
  • Assessor Parcel Number 3291-121-019

Community Details

Overview

  • Jean Rugg Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Spgs Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.03
  • Lot Size Sq Ft: 44867
  • Directions to Property: The subject is a vacant lot without an assigned address. Use the nearby address of 18308 SW 73rd Loop, Dunnellon to navigate to the property. From the corner of U.S. 41 and S.R. 40, head northeast on S.R. 40 for 1.5 miles. Turn right (south) into the community on SW 185th Avenue for 1.2 miles. Turn left (east) onto SW 73rd Loop. The subject is on your left, opposite SW 181st Circle and adjacent to 18314 SW 73rd Loop.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.94556
  • Price per Sq Ft: 0.74
  • Close to Original List Price Ratio: 0.75171
  • 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: 18308

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Front Footage: 175
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0656D
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Electricity Available, Phone Available, Telephone Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: A1
  • Parcel Number: 3291-121-019
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Oversized Lot, Room For Pool, Wooded
  • Lot Dimensions: 150x300
  • Price Per Acre: 32039
  • Flood Zone Code: X
  • Current Adjacent Use: Residential, Vacant
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 253.67
  • Tax Block: 121
  • Tax Book Number: P-010
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Dec 8, 2022
Sold by
Grounded Investment Company Llc
Bought by
Puyda Richard and Puyda Michele L
Seller's Agent
Gary Pendergast
FLORIDA RE ANALYSTS, INC
Buyer's Agent
Lynne Eder
RAINBOW SPRINGS REALTY GROUP
List Price
$43,900
Sold Price
$33,000
Premium/Discount to List
-$10,900
-24.83%
Current Estimated Value
$263,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,667
Avg. Annual Appreciation
128.80%

Purchase Details

Listed on
Nov 17, 2022
Closed on
Nov 10, 2022
Sold by
Ruiz Martin Antonio and Ruiz Adela Biendima
Bought by
Grounded Investment Company Llc
Seller's Agent
Gary Pendergast
FLORIDA RE ANALYSTS, INC
Buyer's Agent
Lynne Eder
RAINBOW SPRINGS REALTY GROUP
List Price
$43,900
Sold Price
$33,000
Premium/Discount to List
-$10,900
-24.83%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Marchetta Jeffrey W and Hill Kathryn L
Bought by
Ruiz Martina A and Ruiz Adela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
4.53%
Mortgage Type
Seller Take Back
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
Puyda Richard $33,000 Infinity Title Insurance Agenc
Grounded Investment Company Llc $21,700 Infinity Title Insurance Agenc
Ruiz Martina A $20,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Martina A $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $33,000 -5.4% --
11/22/2022 11/22/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $34,900 -20.5% --
11/17/2022 11/17/22 For Sale $43,900 -- --
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: O6068573

Stellar MLS

APN: 3291-121-019