NOT LISTED FOR SALE

Estimated Value: $209,000 - $253,000

3 Beds
2 Baths
1,268 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $155,000 $122 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,507/month

90 Days on Market

Highlights

  • Public Boat Ramp
  • Water Access
  • Fishing
  • Parking available for a boat
  • Fitness Center
  • Cathedral Ceiling

About This Home

As of May 2022

LOTS OF POTENTIAL. Great starter home or investment property. Home needs a new roof, updating and some minor TLC. New A/C in 2017. Newer Appliances. Patio for family BBQs and a shed for tools, storage etc. Completely fenced for children and pets. Large Great Room with additional Bonus Room; use for Dining, Breakfast, Playroom or Study/Office area. Large attached carport. Excellent opportunity to live in the sought after city of Dunnellon. Rainbow Lakes Estates has 2 playgrounds, a park, a fishing dock, a youth center, and 2 clubhouses as well as a gym. Best of all, NO HOA. Located minutes from downtown Dunnellon, Rainbow Springs and Goethe State Parks as well as a short commute to Ocala, Gainesville, Inverness and Crystal River, FL. Dunnellon is conveniently located approximately one and half hours from major airports and theme parks (Orlando & Tampa). Come enjoy the many surrounding natural Springs, horseback riding trails, watermelon and blueberry farms and more. Price reflects roof replacement and updated flooring. Doing it this way you pick the color and style YOU want for the same price. Tile and Carpet currently in home.

Last Listed By

Heather Jones

PLATINUM HOMES AND LAND REALTY License #3140740 Listed on: 01/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 79x135
  • South Facing Home
  • Chain Link Fence
  • Level Lot
  • Cleared Lot
  • Property is zoned R1

Home Design

  • Slab Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Awning
  • Great Room
  • Bonus Room
  • Inside Utility
  • Fire Resistant Exterior

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Driveway
  • Parking available for a boat

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Water Access
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Public Boat Ramp
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1268
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1968
  • Lot Size Sq Ft: 10454
  • Directions to Property: From Hwy 41 N from Dunnellon; turn Left onto Rainbow Lakes Blvd; FIRST HOUSE ON RIGHT
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM632826?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM632826?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91445
  • Price per Sq Ft: 122.24
  • Close to Original List Price Ratio: 0.91445
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Master Bedroom Main Floor, Solid Wood Cabinets
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 19595
  • Room Count: 3
  • Additional Rooms: Bonus Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Fenced, Rain Gutters, Sidewalk, Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Park, Playground, Public Boat Ramp, Tennis Courts, Water Access
  • Association: No
  • Security: Fire Resistant Exterior
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1801-003-015
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared, Level
  • Lot Dimensions: 79x135
  • Flood Zone Code: X

Green Features

  • Efficiency: Appliances, HVAC
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1375.13
  • Tax Block: 3
  • Tax Book Number: F-136
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Hartvan Llc
Bought by
Magdalena Llc
Total Days on Market
90
Current Estimated Value
$231,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Outstanding Balance
$165,655
Interest Rate
9.5%
Mortgage Type
Seller Take Back
Estimated Equity
$65,699

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 12, 2022
Sold by
Lang Chen Business Technology Llc Inc
Bought by
Hartvan Llc
Seller's Agent
Heather Jones
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$169,500
Sold Price
$155,000
Premium/Discount to List
-$14,500
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 16, 2017
Sold by
Jacobs Donald and Jacobs Shirley
Bought by
Lang Chen Businee Techonology Co
Buyer's Agent
Yanhua Feng
HAPPY HARBOR REALTY
List Price
$64,800
Sold Price
$65,000
Premium/Discount to List
$200
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Saunders Gerald
Bought by
Jacobs Donald and Jacobs Shirley

Purchase Details

Listed on
Apr 27, 2013
Closed on
Feb 17, 2014
Sold by
Eh Pooled Investments Lp
Bought by
Saunders Gerald
Seller's Agent
Cliff Glansen
FLATFEE.COM
List Price
$39,900
Sold Price
$17,500
Premium/Discount to List
-$22,400
-56.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.80%

Purchase Details

Closed on
Jan 14, 2013
Sold by
U S Bank National Association
Bought by
Eh Pooled Investments Lp

Purchase Details

Closed on
Sep 12, 2012
Sold by
Terraciano John V
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 8, 2012
Sold by
Terraciano John V
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 27, 2006
Sold by
Nichol Denise
Bought by
Terraciano John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

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
Magdalena Llc $238,000 --
Hartvan Llc $155,000 Clear Choice Title
Lang Chen Businee Techonology Co $65,143 Attorney
Jacobs Donald $44,000 First American Title Ins Co
Saunders Gerald $17,500 First American Title Ins Co
Eh Pooled Investments Lp $19,000 Attorney
U S Bank National Association -- None Available
U S Bank National Association -- Attorney
Terraciano John $139,900 Heavyweight Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdalena Llc $226,100
Previous Owner Terraciano John $134,100
Previous Owner Nichol Denise $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $155,000 -8.6% $122 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $169,500 0.0% $134 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $169,500 +868.6% $134 / Sq Ft
05/10/2020 05/10/20 Off Market $17,500 -- --
02/16/2017 02/16/17 Sold $65,000 +0.3% $51 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $64,800 +270.3% $51 / Sq Ft
02/24/2014 02/24/14 Sold $17,500 -56.1% $14 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
04/26/2013 04/26/13 For Sale $39,900 -- $31 / 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 $2,542 $130,325 $6,225 $124,100
2022 $1,613 $68,113 $0 $0
2021 $1,375 $65,368 $2,550 $62,818
2020 $1,251 $56,292 $2,550 $53,742
2019 $1,215 $53,942 $2,800 $51,142
2018 $1,129 $51,146 $2,900 $48,246
2017 $888 $38,252 $2,500 $35,752
2016 $864 $36,539 $0 $0
2015 $842 $34,842 $0 $0
2014 $783 $33,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM632826

Stellar MLS

APN: 1801-003-015