NOT LISTED FOR SALE

Estimated Value: $278,559 - $316,000

3 Beds
2 Baths
1,556 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $275,000 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,961/month

Highlights

  • Oak Trees
  • Garden View
  • No HOA
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Mature Landscaping

About This Home

As of July 2022

Rare opportunity in Rainbow Lakes Estate with no HOA or CDD. This freshly painted move in ready one-story 1,589 square foot family home offers 3 beds, 2 baths, and a 2-car garage that sits on one acre of land. When you first enter this home, you will find a spacious living room with vaulted ceiling and a wood burning fire place. The interior further boats an inside laundry room, window blinds, neutral carpet and vinyl laminate wood flooring throughout the home. The spacious kitchen has ample cabinets and counter space and opens to a separate dining room. The covered and screened lanai is accessed through a glass sliding door from the casual dining room perfect for family gatherings. Heading outside you have a covered screened in and tiled lanai where you can enjoy the beautiful views of the large backyard. This property is perfectly located in North Central Florida, with a short drive to Ocala and just minutes away from the natural resources of Rainbow Springs and the Rainbow River. Roof replacement and HVAC in 2019. You need to bring your RV or/and boat? No problem- this lot will give you plenty of space. Don’t miss out on this rare opportunity to create your own sanctuary. Home comes with a standard one year home warranty! So schedule your private tour today!

Last Listed By

Stefani Johnson

FUTURE HOME REALTY INC License #3372061 Listed on: 07/10/2022

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1998

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135x321
  • South Facing Home
  • Mature Landscaping
  • Oak Trees
  • Property is zoned R1

Parking

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

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Garden Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed patio or porch
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 35 / 18
  • Assessor Parcel Number 1801-018-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,139

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1556
  • Lot Size Acres: 0.99
  • New Construction: No
  • Year Built: 1998
  • Lot Size Sq Ft: 43124
  • Directions to Property: Take exit 352 for FL-40 W. Turn left onto FL-40 W/W Silver Springs Blvd. Turn right onto US Hwy 41 N. Turn left onto SW 54th St. Turn right onto SW Kingfish Rd than turn left onto SW Cardinal Ave. House is on the right.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3384616?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3384616?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 176.74
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 20151
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • 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: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • 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: 1801-018-035
  • Additional Parcels: No
  • Lot Dimensions: 135x321
  • Flood Zone Code: X

Rental Info

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

Tax Info

  • Tax Annual Amount: 1139.16
  • Tax Block: 18
  • Tax Book Number: F-136
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Jul 25, 2022
Sold by
Jeffrey Lorenzo
Bought by
Trudel Mark Stewart
Seller's Agent
Stefani Johnson
FUTURE HOME REALTY INC
Buyer's Agent
Meredith Tucker
GOLDEN OCALA REAL ESTATE INC
List Price
$275,000
Sold Price
$275,000
Total Days on Market
0
Current Estimated Value
$292,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,390
Avg. Annual Appreciation
-1.24%

Purchase Details

Listed on
Jul 10, 2022
Closed on
Jul 15, 2022
Sold by
Rosa Lorenzo
Bought by
Lorenzo Jeffrey
Seller's Agent
Stefani Johnson
FUTURE HOME REALTY INC
Buyer's Agent
Meredith Tucker
GOLDEN OCALA REAL ESTATE INC
List Price
$275,000
Sold Price
$275,000

Purchase Details

Closed on
Dec 21, 2021
Sold by
Rosa Lorenzo
Bought by
Lorenzo Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
3.22%
Mortgage Type
New Conventional

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
Trudel Mark Stewart $275,000 New Title Company Name
Lorenzo Jeffrey $174,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzo Jeffrey $139,200
Previous Owner Lorenzo Ruben $85,800
Previous Owner Lorenzo Ruben $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $275,000 0.0% $177 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $275,000 -- $177 / 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 $3,991 $211,455 $13,000 $198,455
2022 $1,157 $94,559 $0 $0
2021 $1,139 $91,805 $0 $0
2020 $1,123 $90,537 $0 $0
2019 $1,095 $88,501 $0 $0
2018 $1,043 $86,851 $0 $0
2017 $1,017 $85,065 $0 $0
2016 $1,000 $83,315 $0 $0
2015 $1,006 $82,736 $0 $0
2014 $938 $81,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3384616

Stellar MLS

APN: 1801-018-035