20045 SW 88th Place Rd Dunnellon, FL 34431
Rainbow Springs NeighborhoodEstimated payment $1,615/month
Total Views
992
3
Beds
2
Baths
1,702
Sq Ft
$140
Price per Sq Ft
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- 1.18 Acre Lot
- Community Pool
- 2 Car Attached Garage
About This Home
FIXER-UPPER OPPORTUNITY in the desirable Rainbow Springs Woodlands! This 3 bedroom, 2 bathroom home sits on a sprawling 1+ acre lot, offering plenty of space and endless potential. The roof was replaced in 2012 and the HVAC system was installed in 2018, giving you a solid foundation to update this home, which needs full renovations. Inside, you’ll find a spacious layout with unfinished projects — perfect for customizing to your vision! Rainbow Springs Woodlands is one of Marion County’s most sought-after private deed-restricted communities, providing residents with exclusive access to some of Florida’s most beautiful natural attractions. Homeowners enjoy private entry to the famous Rainbow River, private kayak launches, tubing access, swimming, snorkeling, and more. The community features a private resident park along the river with a sandy beach area, clubhouse with a restaurant and exercise facilities, tennis courts (also used for pickleball), pavilions, and scenic walking trails. Rainbow Springs State Park and its crystal-clear waters are just minutes away — yet residents benefit from their own private access. Golf enthusiasts will appreciate being less than a mile from Rainbow's End Golf Club, a 9-hole course with separate membership options. This is a rare opportunity to purchase in a highly desirable location and create a beautiful retreat or investment property. Bring your vision, tools, and dreams — this property offers endless possibilities in a breathtaking natural setting! Cash only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,254
Year Built
- Built in 1976
Lot Details
- 1.18 Acre Lot
- South Facing Home
- Property is zoned A1
HOA Fees
- $19 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,702 Sq Ft Home
- Living Room
Kitchen
- Range
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 18 / 71
- Assessor Parcel Number 3292-071-018
Community Details
Overview
- Association fees include pool, recreational facilities
- Teresa Anton Association, Phone Number (352) 489-1621
- Rainbow Spgs 1St Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,393 | $167,650 | $0 | $0 |
| 2022 | $3,006 | $152,409 | $0 | $0 |
| 2021 | $2,575 | $138,554 | $14,500 | $124,054 |
| 2020 | $2,389 | $126,197 | $15,300 | $110,897 |
| 2019 | $2,233 | $115,554 | $11,900 | $103,654 |
| 2018 | $1,944 | $102,433 | $12,500 | $89,933 |
| 2017 | $1,904 | $99,678 | $11,900 | $87,778 |
| 2016 | $1,801 | $93,248 | $0 | $0 |
| 2015 | $1,752 | $89,080 | $0 | $0 |
| 2014 | $1,628 | $86,056 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $239,000 | +58.8% | $140 / Sq Ft |
| 06/12/2018 06/12/18 | Sold | $150,500 | -5.3% | $88 / Sq Ft |
| 05/13/2018 05/13/18 | Pending | -- | -- | -- |
| 04/04/2018 04/04/18 | For Sale | $159,000 | -- | $93 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $150,500 | First Intl Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,000 | VA | |
| Closed | $147,283 | FHA | |
| Closed | $147,283 | FHA |
Source: Public Records
Similar Homes in Dunnellon, FL
Source: Stellar MLS
MLS Number: A4650621
APN: 3292-071-018
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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