NOT LISTED FOR SALE

Estimated Value: $311,686 - $414,000

3 Beds
2 Baths
1,868 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $320,000 $171 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,381/month

6 Days on Market

Highlights

  • Water Access
  • 1.04 Acre Lot
  • Vaulted Ceiling
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2023

Introducing this lovely 3-bedroom, 2-bathroom home offering 1,868 sqft of exquisite living space in the desirable Rainbow River development of southwest Marion County, approximately 20 miles southwest of Ocala. The area consists mainly of rolling, forested hills with well drained sandy soil and surrounds the Rainbow Springs State Park. Be sure to note the amenities of this beautiful development from tennis courts, to gym access at the Clubhouse to beach access to the Rainbow River and more!

This home offers a beautiful floor plan as you walk in the front door to a home with a desirable split floor plan, your formal dining room on the left after you enter, breakfast nook in kitchen, and large great room/living room on the right. You can enjoy feeling surrounded by the beauty of nature, with gorgeous trees and over an acre of yard provides a serene and peaceful atmosphere also zoned A1. Tucked away from the road, this home offers maximum privacy and tranquility, with a long and inviting driveway leading up to the front entrance.

Recent updates include a brand-new roof installed in 2023, vinyl plank floors and neutral tile throughout. The master bath showcases a full remodeling completed in 2020. In 2019, the home was upgraded with newer appliances as well.

Book your private tour today and experience the charm and allure of this wonderful dwelling firsthand.

Last Agent to Sell the Property

Amber Nardino

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3376407 Listed on: 09/18/2023

EXP REALTY LLC

Last Buyer's Agent

Kevin Sherlock

SELLSTATE NEXT GENERATION REAL License #3219059

SELLSTATE NEXT GENERATION REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1990

Lot Details

  • 1.04 Acre Lot
  • West Facing Home
  • Property is zoned A1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1,868 Sq Ft Home
  • Vaulted Ceiling
  • French Doors

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Amy Martin/Rainbow Springs Assoc. Association, Phone Number (352) 489-1621
  • Village Of Rainbow Spgs Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,067

Year Built

Built in 1990

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Siding
  • Fireplace: No
  • Living Area: 1868
  • Lot Size Acres: 1.04
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 2309
  • Lot Size Sq Ft: 45302
  • Directions to Property: Please use GPS for navigation.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 171.31
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 20720
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 173.54
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors, Sidewalk, Storage
  • 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: 12083C0655D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Restaurant, Sidewalks, Tennis Courts, Water Access
  • Association Fee: 203
  • Association Fee Frequency: Annually
  • Association Name: Amy Martin/Rainbow Springs Assoc.
  • Phone: 352-489-1621
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: rspoacam@villagesservices.net

Fee Information

  • Total Annual Fees: 203.00
  • Total Monthly Fees: 16.92
  • Monthly HOA Amount: 16.92

Lot Info

  • Zoning: A1
  • Parcel Number: 3292-065-019
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 4209

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3067
  • Tax Block: 65
  • Tax Book Number: R-041
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 20, 2023
Sold by
Smith Earl S and Smith Darlene G
Bought by
Clark Butch H and Losurdo Jacqulyn M
Seller's Agent
Amber Nardino
EXP REALTY LLC
Buyer's Agent
Kevin Sherlock
SELLSTATE NEXT GENERATION REAL
List Price
$309,900
Sold Price
$320,000
Premium/Discount to List
$10,100
3.26%
Total Days on Market
6
Views
60
Current Estimated Value
$373,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,422
Avg. Annual Appreciation
9.93%
Original Mortgage
$300,162
Outstanding Balance
$295,399
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$78,023

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 6, 2017
Sold by
Cleaver Devorah
Bought by
Smith Earl S and Smith Darlene G
Seller's Agent
Reilly Moore Team
Coldwell Banker Riverland Realty
Buyer's Agent
John Holloway
The Holloway Group
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$145,300
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2017
Bought by
Smith Earl S

Purchase Details

Closed on
Sep 14, 2006
Sold by
Henze Wilbur S and Joseph Henze Jane A
Bought by
Henze Wilbur S and Joseph Henze Jane A
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
Clark Butch H $320,000 Celebration Title Group
Smith Earl S $153,000 First International Title In
Smith Earl S $100 --
Henze Wilbur S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Butch H $300,162
Previous Owner Smith Earl S $145,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $320,000 +3.3% $171 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $309,900 +102.5% $166 / Sq Ft
07/10/2017 07/10/17 Sold $153,000 -4.3% $82 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $159,900 -- $86 / 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 $3,321 $172,031 $0 $0
2022 $3,067 $156,392 $0 $0
2021 $2,635 $142,175 $14,500 $127,675
2020 $2,485 $132,039 $15,300 $116,739
2019 $2,356 $125,336 $11,900 $113,436
2018 $2,067 $110,072 $12,500 $97,572
2017 $1,285 $99,560 $0 $0
2016 $1,250 $97,512 $0 $0
2015 $1,253 $96,834 $0 $0
2014 $1,273 $102,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM664739

Stellar MLS

APN: 3292-065-019