NOT LISTED FOR SALE

Estimated Value: $215,000 - $286,000

2 Beds
2 Baths
1,342 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $164,000 $122 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,563/month

39 Days on Market

Highlights

  • Fitness Center
  • Living Room with Fireplace
  • Community Pool
  • Clubhouse
  • Ranch Style House
  • Pickleball Courts

About This Home

As of April 2021

Welcome to one of the most desirable neighborhoods in the Dunnellon / Ocala area. Rainbow Springs Country Club Estates has it all . This split bedroom home with two full baths , dining room with the architectural design of the large arched doorway into the living room is charming and makes a very open feeling where friends and family would love to gather . This home sits on .43 areas and is minutes from the world famous Rainbow River with deeded access.

Last Agent to Sell the Property

Barbara Boyle

License #3483957 Listed on: 02/18/2021

Last Buyer's Agent

Barbara Boyle

License #3483957 Listed on: 02/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1981

Lot Details

  • 0.43 Acre Lot
  • South Facing Home
  • Irrigation
  • Property is zoned R1

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,342 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room with Fireplace

Kitchen

  • Convection Oven
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / D
  • Assessor Parcel Number 3296-004-018

Community Details

Overview

  • Association fees include community pool
  • Rainbow Springs Poa / Village Services Association, Phone Number (352) 489-1621
  • Rainbow Spgs Cc Estates Subdivision
  • The community has rules related to deed restrictions, fencing

Recreation

  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1981

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 1342.00
  • Homestead: Yes
  • Lot Size Acres: 0.43
  • Year Built: 1981
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615578?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615578?w=Customer
  • Lot Size Sq Ft: 18731
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615578?w=PubMLS
  • Directions to Property: From E Pennsylvania Ave. head west to us 41 make right onto us 41 .In about three miles and make a right onto SW 88th Place Rd.Home will be on left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793921
  • Status: Sold
  • Street Direction: SW
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Downstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Drapes, Window Treatments
  • Living Area Meters: 124.68
  • Street Number Modifier: 19745

Exterior Features

  • Direction Faces: South
  • Water Access: River
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 08/28/2008
  • Flood Zone Panel: 12083C0655D
  • Water Access: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool
  • Monthly HOA Fees: 19.17
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Pickleball Court(s), Recreation Facilities, Security, Trails
  • Association Fee: 230.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: Rainbow Springs POA / Village Services
  • Phone: 352 - 489 - 1621
  • Association: Yes

Fee Information

  • Total Annual Fees: 230.00
  • Total Monthly Fees: 19.17

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R1
  • Parcel Number: 3296-004-018
  • Lot Size Square Meters: 1740

Rental Info

  • Minimum Lease: 1-2 Years
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 986.00
  • Tax Block: D
  • Tax Book Number: S-106
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 30, 2021
Sold by
Ellison John W and Ellison Barbara A
Bought by
Cheasley Thomas R
Seller's Agent
Barbara Boyle
Buyer's Agent
Barbara Boyle
List Price
$167,800
Sold Price
$164,000
Premium/Discount to List
-$3,800
-2.26%
Total Days on Market
39
Current Estimated Value
$246,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,386
Avg. Annual Appreciation
11.61%
Original Mortgage
$131,200
Outstanding Balance
$120,742
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$137,361

Purchase Details

Closed on
Sep 23, 2016
Sold by
Dick David Russell and Dick Elaine
Bought by
Ellison John W and Ellison Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,300
Interest Rate
3.46%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2005
Sold by
Herlocker Lloyd D and Herlocker Monique P
Bought by
Dick David Russell and Dick Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Bradley Edward J and Capelin Beverly B
Bought by
Herlocker Lloyd D and Herlocker Monique P
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
Cheasley Thomas R $164,000 First International Ttl Inc
Ellison John W $107,500 None Available
Dick David Russell $138,000 First American Title Ins Co
Herlocker Lloyd D $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheasley Thomas R $131,200
Previous Owner Ellison John W $109,300
Previous Owner Dick David Russell $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $164,000 -2.3% $122 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $167,800 -- $125 / 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 $2,016 $148,521 $0 $0
2022 $1,958 $144,195 $15,892 $128,303
2021 $997 $81,876 $0 $0
2020 $986 $80,746 $0 $0
2019 $965 $78,931 $0 $0
2018 $1,043 $77,459 $0 $0
2017 $1,025 $75,866 $8,046 $67,820
2016 $1,562 $69,960 $0 $0
2015 $1,450 $63,600 $0 $0
2014 $1,605 $76,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM615578

Stellar MLS

APN: 3296-004-018