$110,000
SOLD FEB 25, 2021
3 Beds
2 Baths
1,228 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

7% Below List Price

68 Days on Market

Highlights

  • Fitness Center
  • Converted Garage
  • Eat-In Kitchen
  • Solid Surface Countertops
  • Rear Porch
  • Patio

About This Home

As of July 2021

This 3 bedrooms 2 bath home is just waiting for your personal touch. The home is in the beautiful community of Rainbow Lakes Estates in The Pines Section. It is perfect for the investor looking for a project or the handyman looking to put their finishing touches on a home. It has new kitchen counters, the previous owner started some renovations, but they need to be completed. Public boat ramps are only a few miles away from the world-famous Rainbow River! Public Records shows only 2 bedrooms, but it has 3. The garage has been converted into another living area. Not permitted.

Last Agent to Sell the Property

Maria Law

COLDWELL BANKER RIVERLAND RLTY License #3263637 Listed on: 11/20/2020

COLDWELL BANKER RIVERLAND RLTY

Last Buyer's Agent

Cesar Sagastume

EQUITYPRO LLC License #3339504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1980

Lot Details

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

Parking

  • Converted Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,228 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Rain Gutters
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Assessor Parcel Number 1803-006-002

Community Details

Overview

  • Rainbow Lakes Estates Subdivision

Recreation

  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 1228.00
  • Lot Size Acres: 0.24
  • Year Built: 1980
  • Building Area Total: 1550.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM611869?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM611869?w=Customer
  • Lot Size Sq Ft: 10454
  • Building Search Sq Meters: 144.00
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM611869?w=PubMLS
  • Directions to Property: US-41 North, Turn West on SW Rainbow Lakes Blvd., Right on Carp Rd, then Left on SW Marine Blvd., Right on SW Trout St., Left on SW Peach Blossom St., Right on Idlewild St and Left on Raintree St., house on the left.
  • Escrow City: Dunnellon
  • Escrow Postal Code: 34432
  • Escrow State: FL
  • Escrow Street Name: Mary St.
  • Escrow Street Number: 12013
  • List Office Head Office Key Nume: 529793734
  • Status: Sold
  • Street Direction: SW
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Solid Surface Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: One
  • Living Area Meters: 114.08
  • Street Number Modifier: 21060

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Rain Gutters
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 08/28/2008
  • Flood Zone Panel: 12083C0465D
  • Patio and Porch Features: Patio, Rear Porch

Garage/Parking

  • Parking Features: Converted Garage

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness, Playground

Schools

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

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R1
  • Parcel Number: 1803-006-002
  • Lot Size Square Meters: 971

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1453.00
  • Tax Block: 6
  • Tax Book Number: G-113
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Jul 9, 2021
Sold by
Clarity Building Services Llc
Bought by
Archeval Alberto and Archeval Sulley
Seller's Agent
Douglas Lindsey
Tropic Shores Realty
Buyer's Agent
Douglas Lindsey
Tropic Shores Realty
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%
Current Estimated Value
$212,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,250
Avg. Annual Appreciation
7.34%
Original Mortgage
$153,693
Outstanding Balance
$140,955
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$71,174

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 19, 2021
Sold by
Wig Property Investment Llc
Bought by
Clarity Building Services Llc
Seller's Agent
Maria Law
Coldwell Banker Riverland Realty
Buyer's Agent
Orlando Regional Member
Orlando Regional Realtor Association Member
List Price
$118,900
Sold Price
$110,000
Premium/Discount to List
-$8,900
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.67%
Original Mortgage
$112,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2020
Sold by
Re Property Holdings Llc
Bought by
Wig Property Investment Llc

Purchase Details

Listed on
May 18, 2018
Closed on
May 30, 2018
Sold by
Morningside Founding Llc
Bought by
Fuller Frank J
Seller's Agent
Greg Klesius
GULF COAST FISHING HOMES RLTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$28,000
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.69%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Federal National Mortgage Association
Bought by
Morningside Funding Llc

Purchase Details

Closed on
Jul 17, 2012
Sold by
Lewenetz Donell B and Pitton Dorinda L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 30, 2008
Sold by
Pitton Dorinda L
Bought by
Lewnetz Donnell B

Purchase Details

Closed on
Jul 31, 2007
Sold by
Conley Robert W and Conley Mary L
Bought by
Pitton Dorinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Cote Betsy
Bought by
Conley Robert W and Conley Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $159,000 Compass Title Llc
Warranty Deed $110,000 First International Ttl Inc
Warranty Deed $84,000 Glannell Title Llc
Warranty Deed $75,000 Glannell Title Llc
Warranty Deed $28,000 Americas Title Corp
Special Warranty Deed $22,064 Servicelink
Trustee Deed -- None Available
Quit Claim Deed $100,000 None Available
Warranty Deed $115,000 All American Land Title Insu
Warranty Deed $71,500 All American Land Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,693 FHA
Previous Owner $112,000 Construction
Previous Owner $115,000 New Conventional
Previous Owner $87,500 Fannie Mae Freddie Mac
Previous Owner $56,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $159,000 -3.6% $103 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $165,000 +50.0% $106 / Sq Ft
02/25/2021 02/25/21 Sold $110,000 0.0% $107 / Sq Ft
02/25/2021 02/25/21 Sold $110,000 -4.3% $90 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $115,000 -3.3% $94 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $118,900 +8.1% $97 / Sq Ft
01/13/2021 01/13/21 Off Market $110,000 -- --
01/13/2021 01/13/21 For Sale $118,900 0.0% $116 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $118,900 -4.8% $97 / Sq Ft
12/22/2020 12/22/20 For Sale $124,900 0.0% $102 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $124,900 +346.1% $102 / Sq Ft
06/07/2018 06/07/18 Sold $28,000 0.0% $27 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $28,000 0.0% $27 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $28,000 -- $27 / 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 $1,745 $126,706 $0 $0
2022 $1,686 $123,016 $4,700 $118,316
2021 $1,775 $84,089 $2,550 $81,539
2020 $1,592 $76,097 $2,550 $73,547
2019 $1,453 $66,168 $2,800 $63,368
2018 $1,255 $63,779 $2,900 $60,879
2017 $1,095 $49,199 $2,500 $46,699
2016 $1,067 $47,161 $0 $0
2015 $1,021 $44,083 $0 $0
2014 $1,022 $44,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM611869

Stellar MLS

APN: 1803-006-002