$85,000
SOLD AUG 25, 2025

20704 SW Rainbow Lakes Blvd Dunnellon, FL 34431

1 Bed
1 Bath
624 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

29% Below List Price

63 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Sliding Doors
  • No HOA
  • Ceramic Tile Flooring
  • North Facing Home

About This Home

As of August 2025

Welcome to this delightful single-family residence nestled in the serene Rainbow Lakes Estates community of Dunnellon, Florida. Built in 1994, this 1-bedroom, 1-bathroom home offers 1,214 square feet of comfortable living space on a generous 10,454 square foot lot. Spacious Interior: Enjoy the open layout with carpeted flooring and ample natural light throughout the home. Functional Kitchen: The kitchen provides plenty of counter space and storage, ideal for daily living and entertaining. Outdoor Living: The expansive yard offers endless possibilities for gardening, recreation, or future enhancements. Community Amenities: Located in Rainbow Lakes Estates, residents benefit from a peaceful environment with access to nearby parks and recreational areas. Convenient Location: Close proximity to local schools, shopping centers, and dining options in Dunnellon. This property presents a fantastic opportunity for first-time homebuyers, retirees, or investors seeking a charming home in a tranquil setting. Don’t miss out on making this house your new home!

Last Agent to Sell the Property

Randy Shultz

RE/MAX PREMIER REALTY LADY LK Brokerage Phone: 352-753-2029 License #3352804 Listed on: 05/27/2025

RE/MAX PREMIER REALTY LADY LK

Co-Listed By

Michael Bowden

RE/MAX PREMIER REALTY LADY LK Brokerage Phone: 352-753-2029 License #3414668

Last Buyer's Agent

Nicole Surillo

LPT REALTY, LLC License #3632363

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • North Facing Home
  • Property is zoned R1

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 624 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Living Room

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 624
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1214
  • Lot Size Sq Ft: 10454
  • Directions to Property: From Dunnellon, go North on US-41. Turn Left onto SW Rainbow Lakes Blvd. House is located on the Left. Look for sign.
  • Status: Sold
  • Street Direction: SW
  • Co List Office Mls Id: MFR20636
  • Co List Office Phone: 352-753-2029
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE Maricamp Rd
  • Escrow Street Number: 2701
  • List Office Head Office Key Nume: 1044887
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 136.22
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-753-2029
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 20704
  • Living Area Meters: 57.97
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0465D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: RAINBOW LAKES ESTATE

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1801-023-011
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 971

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1490
  • Tax Block: 23
  • Tax Book Number: F-136RAINBOW
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Aug 18, 2025
Sold by
Hak Betty A
Bought by
Rodas Thanis Liliana
Seller's Agent
Randy Shultz
RE/MAX PREMIER REALTY LADY LK
Buyer's Agent
Nicole Surillo
LPT REALTY, LLC
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7108.88%
Original Mortgage
$82,450
Outstanding Balance
$82,450
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$27,423
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

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $85,000 -1.0% $136 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $85,900 -13.8% $138 / Sq Ft
06/23/2025 06/23/25 Price Changed $99,700 -16.8% $160 / Sq Ft
05/27/2025 05/27/25 For Sale $119,900 -- $192 / 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
2024 $1,490 $50,005 -- --
2023 $1,490 $45,459 $0 $0
2022 $1,053 $41,326 $0 $0
2021 $906 $40,545 $2,550 $37,995
2020 $848 $37,421 $2,550 $34,871
2019 $802 $35,390 $2,800 $32,590
2018 $734 $33,181 $2,900 $30,281
2017 $651 $25,660 $2,500 $23,160
2016 $630 $24,274 $0 $0
2015 $615 $23,110 $0 $0
2014 $581 $22,241 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM702411

Stellar MLS

APN: 1801-023-011