NOT LISTED FOR SALE

Estimated Value: $458,000 - $509,000

3 Beds
2.5 Baths
2,527 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $372,000 $147 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,155/month

22 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • View of Trees or Woods
  • Water Access
  • Screened Pool
  • Clubhouse

About This Home

As of August 2021

HERE’S YOUR SOMEWHERE OVER THE RAINBOW! Welcome to Rainbow Springs where your perfect house awaits to call home and create those lasting memories with family and friends.
This HIGHLY SOUGHT after 3 bedroom 2 ½ bath plus office/den or possible 4th bedroom Wellington model pool home impresses at first glance with a large front yard, mature landscaping and tall trees. Upon entering you are greeted to a Wonderful Spacious and open floor plan with high ceilings, Wood laminate flooring and a recently Remodeled kitchen with Gleaming granite countertops and Sparkling stainless steel appliances. The French doors in the formal living room offer access and welcoming views of a LARGE COVERED patio, solar/ gas heated pool & spa, perfect for entertaining all year long. The convenient roll out awnings add additional shade on those warm sunny afternoons.
It also features a Community POA for $230 a year offering private Rainbow Springs River access for Swimming, Kayaking, Picnicking and a newly renovated community center with pool, tennis courts, exercise equipment, activity rooms along with a restaurant and bar.
The WONDER and UNIQUENESS of this beautiful home are waiting for you to make it your new PARADISE!

William Mercer (Owner/Broker) has an active Florida Real Estate License.
All measurements are presumed to be accurate but should be verified by the buyer.

Last Agent to Sell the Property

Patrick Leahy

MERCER REALTY PA License #3396840 Listed on: 06/09/2021

Last Buyer's Agent

Jane Quast

SELLSTATE NEXT GENERATION REAL License #3039696

SELLSTATE NEXT GENERATION REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 2004

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 143x173
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned R1

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Pool

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,527 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Awning
  • ENERGY STAR Qualified Windows
  • Blinds
  • Drapes & Rods
  • French Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Attic Fan
  • Home Security System

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool is Self Cleaning
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Water Access
  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Jean Rugg Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Spgs 05 Rep Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 2004

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2527
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 24829
  • Directions to Property: From US 41 and SW 99th Place, Go East on SW 99th Place. Go North on SW 192nd Court, Turn Right (East) on 98th Loop. Home will be on your Left. 19118 SW 98th Loop...
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5948841?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5948841?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97382
  • Price per Sq Ft: 147.21
  • Close to Original List Price Ratio: 0.97382
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows
  • Street Number Modifier: 19118
  • Room Count: 14
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Screen Enclosure, Self Cleaning, Tile
  • Exterior Features: Awning(s), French Doors, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0658D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Propane, Solar, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Golf Carts OK, Park, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Fitness Center, Pool, Trail(s)
  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Name: Jean Rugg
  • Phone: 352-489-1621
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Website: rspoa.nabrnetwork.com
  • Association Email: j.rugg@villagesservices.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 3297-157-005
  • Additional Parcels: No
  • Lot Features: Level
  • Lot Dimensions: 143x173
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3378.02
  • Tax Block: 157
  • Tax Book Number: T-046,RAINBO
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 19, 2021
Sold by
Mercer William and Mercer Lynn
Bought by
Cassady Thomas Edward and Cassady Lesley A
Seller's Agent
Patrick Leahy
MERCER REALTY PA
Buyer's Agent
Jane Quast
SELLSTATE NEXT GENERATION REAL
List Price
$382,000
Sold Price
$372,000
Premium/Discount to List
-$10,000
-2.62%
Current Estimated Value
$478,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,230
Avg. Annual Appreciation
6.39%
Original Mortgage
$297,600
Outstanding Balance
$274,089
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$201,667

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 26, 2020
Sold by
Shelley Family Trust
Bought by
Mercer William and Mercer Lynn
Seller's Agent
Nancy Ayres
Citrus Home Finders
Buyer's Agent
Orlando Regional Member
Orlando Regional Realtor Association Member
List Price
$325,000
Sold Price
$315,250
Premium/Discount to List
-$9,750
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.67%

Purchase Details

Listed on
Apr 20, 2016
Closed on
Feb 3, 2017
Sold by
Decker Charles W and Decker Nancy L
Bought by
Shelley Gary and Shelley Deborah
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Hall Allen T and Hall Agnes
Bought by
Decker Charles W and Decker Nancy L
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
Cassady Thomas Edward $372,000 Clear Choice Title Inc
Mercer William $315,300 Clear Choice Title
Shelley Gary $255,000 Attorney
Decker Charles W $18,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassady Thomas Edward $297,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $372,000 -2.6% $147 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $382,000 0.0% $151 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $382,000 +21.2% $151 / Sq Ft
10/26/2020 10/26/20 Sold $315,250 -3.0% $125 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $325,000 +27.5% $129 / Sq Ft
02/03/2017 02/03/17 Sold $255,000 -7.3% $101 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
04/20/2016 04/20/16 For Sale $275,000 -- $109 / 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
2023 $5,942 $397,598 $0 $0
2022 $5,791 $386,017 $23,724 $362,293
2021 $1,529 $114,301 $0 $0
2020 $3,378 $230,927 $0 $0
2019 $3,327 $225,735 $0 $0
2018 $3,150 $221,526 $13,514 $208,012
2017 $3,795 $216,834 $12,012 $204,822
2016 $2,701 $186,208 $0 $0
2015 $2,720 $184,914 $0 $0
2014 $2,559 $183,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5948841

Stellar MLS

APN: 3297-157-005