NOT LISTED FOR SALE

Estimated Value: $48,965 - $67,000

0.5 Acre
$117,482 Price per Acre
21,780 Sq Ft Lot

Last Sold September 27, 2023

Last sale price $49,000

Est. 20% increase in value since last sale

Current estimated payment $395/month

210 Days on Market

Highlights

  • River Access
  • Room in yard for a pool
  • Rectangular Lot
  • Boat Ramp
  • Landscaped with Trees

About This Lot

As of September 2023

Beautiful Rainbow Springs Country Club partially cleared building lot with mature trees is ready for a new family to build their forever home or a snowbird retreat. This lot is just a couple minutes away from the KP Hole, the Rainbow Springs State Park, the Rainbow Springs Country Club with a huge pool, tennis courts, Disk Golf, clubhouse which has meeting rooms, gym, pool tables and pavilions for family functions and not to mention the Rainbow River private beach for property owners in the Rainbow Springs Country Club. You can choose to build or buy it for an investment and continue to use the vast amenities this community has to offer until you are ready to call this home. Call today for more information or to schedule your one on one showing today.

Last Agent to Sell the Property

Frances Swain

Tropic Shores Realty License #3226979 Listed on: 02/14/2023

Tropic Shores Realty

Last Buyer's Agent

BrowardPalmBeachStLucie Member

Broward Palm Beach St Lucie Association Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $327

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 154x142
  • Property fronts a county road
  • Rectangular Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R1

HOA Fees

  • $20 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

Overview

  • Association fees include pool(s), road maintenance, tennis courts
  • Rainbow Springs Country Club Association
  • Rainbow Springs Subdivision

Recreation

  • Community Pool
  • Room in yard for a pool
  • River Access
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$327

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Directions: Hwy 41 North to Right on SW 99th PL (Winn Dixie) to Left on 192nd Ct Rd to Right on SW 98th LP to lot on Right
  • Lot Size Acres: 0.5
  • Lot Size: 154x142
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Rainbow Springs
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: Cleared, Flat, Rectangular, Trees
  • Pool Features: Community
  • Waterfront Features: Boat Ramp/Lift Access, River Access
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Springs Country Club
  • Association: Yes

Fee Information

  • Association Fee Includes: Pool(s), Road Maintenance, Tennis Courts

Lot Info

  • Lot Size Sq Ft: 21868.0
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 326.85
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Sep 26, 2023
Sold by
Done Right Maintenance Incorporated
Bought by
Barnes Holding Company Llc
Seller's Agent
Frances Swain
Tropic Shores Realty
Buyer's Agent
BrowardPalmBeachStLucie Member
Broward Palm Beach St Lucie Association Member
List Price
$59,000
Sold Price
$49,000
Premium/Discount to List
-$10,000
-16.95%
Total Days on Market
210
Views
58
Current Estimated Value
$58,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,741
Avg. Annual Appreciation
11.26%

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 17, 2022
Sold by
M & S Global Llc
Bought by
Done Right Maintenance Incorporated
Seller's Agent
Mark Debolt
DEBOLT PROPERTIES
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.07%
Original Mortgage
$28,000
Interest Rate
1.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 2020
Sold by
County Of Marion
Bought by
M & S Global Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Jacob Adeline
Bought by
Family Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 2005
Sold by
Kelly Robert T
Bought by
Jacob Adeline
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
Barnes Holding Company Llc $49,000 Landcastle Title Group
Done Right Maintenance Incorporated $35,000 Mcgraw Rauba Mutarelli Pa
M & S Global Llc $10,900 None Available
Family Investment Group Inc -- Affiliated Title
Jacob Adeline $67,000 Stewart Title Of Pinellas In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Done Right Maintenance Incorporated $28,000
Previous Owner Family Investment Group Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $49,000 -9.3% --
09/13/2023 09/13/23 Pending -- -- --
08/13/2023 08/13/23 Price Changed $54,000 -1.6% --
06/12/2023 06/12/23 Price Changed $54,900 -6.0% --
06/07/2023 06/07/23 Price Changed $58,400 -1.0% --
02/14/2023 02/14/23 For Sale $59,000 +68.6% --
05/17/2022 05/17/22 Sold $35,000 0.0% --
04/19/2022 04/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $35,000 -- --
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
2023 $547 $33,704 $33,704 $0
2022 $340 $18,931 $0 $0
2021 $299 $17,210 $17,210 $0
2020 $164 $11,617 $11,617 $0
2019 $160 $11,617 $11,617 $0
2018 $160 $12,908 $12,908 $0
2017 $269 $11,474 $11,474 $0
2016 $257 $4,733 $0 $0
2015 $210 $4,303 $0 $0
2014 $337 $11,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 821411

REALTORS® Association of Citrus County

APN: 3297-184-013