$22,000
SOLD OCT 16, 2012
2 Beds
2 Baths
1,160 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

12% Below List Price

14 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Central Air
  • Heating Available

About This Home

As of March 2021

2/2 home in Rainbow Lakes Estates. Possible 3 bedrooms. Sliding doors lead out to lanai. This community has lakes,club house,local office, great play grounds and more with no HOA Fees. This is a short sale. Third party approval required. Home needs TLC.

Last Listed By

Ginger Rhodes

CB/ELLISON RLTY WEST License #3085946 Listed on: 05/08/2012

CB/ELLISON RLTY WEST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Lake Es Subdivision

Listing and Financial Details

  • Property Available on 5/8/12
  • Legal Lot and Block 19 / 10
  • Assessor Parcel Number 1803-010-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$538

Year Built

Built in 1974

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1160
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1868
  • Lot Size Sq Ft: 10454
  • Directions to Property: N HWY 41 T/L RAINBOW LKS BLVD. T/R BLUE GILL T/L MARINE BLVD GO APPROX. 1.5MILES, T/R TROUT T/L PEACH BLOSSOM T/R IDLE WILD T/L RAINTREE ST HOME ON 2ND BLK ON RT
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044878
  • RATIO Current Price By Calculate: 18.97
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2012-09-20T00:00:00.000
  • Tax Year: 2018
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Electric Water Heater, Range
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 21667
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 1803-010-019
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Lot Dimensions: 75x140
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2012-05-08
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 537.85
  • Tax Block: 10
  • Tax Book Number: G-113
  • Tax Lot: 19

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 9, 2021
Sold by
Morales Luis Carlos
Bought by
Wheat David E and Wheat Angela R
Seller's Agent
Luis Morales
PROFESSIONAL REALTY OF OCALA
Buyer's Agent
David Hackbart
SELLSTATE NEXT GENERATION REAL
List Price
$136,950
Sold Price
$140,000
Premium/Discount to List
$3,050
2.23%
Total Days on Market
14
Current Estimated Value
$207,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,990
Avg. Annual Appreciation
9.79%
Original Mortgage
$126,000
Outstanding Balance
$113,972
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$94,018

Purchase Details

Closed on
Feb 28, 2019
Sold by
Ortega Marta
Bought by
Morales Luis Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2017
Sold by
Morningside Fundings Llc
Bought by
Ortega Mavta

Purchase Details

Listed on
May 8, 2012
Closed on
Oct 12, 2012
Sold by
Lauble Betty Rose
Bought by
Morningside Funding Llc
Seller's Agent
Ginger Rhodes
CB/ELLISON RLTY WEST
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Nov 22, 2006
Sold by
Lauble Betty Rose and Rose Betty
Bought by
Lauble Betty Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $140,000 Affiliated Ttl Of Ctrl Fl Lt
Warranty Deed $70,000 First American Title Ins Co
Warranty Deed $245,000 Americas Toitle Corp
Warranty Deed $22,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 New Conventional
Previous Owner $66,500 New Conventional
Previous Owner $85,000 New Conventional
Previous Owner $66,500 Fannie Mae Freddie Mac
Previous Owner $57,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $140,000 +2.2% $97 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $136,950 +522.5% $94 / Sq Ft
04/30/2020 04/30/20 Off Market $22,000 -- --
10/16/2012 10/16/12 Sold $22,000 -12.0% $19 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $25,000 -- $22 / 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 $2,800 $133,761 $0 $0
2022 $2,425 $121,601 $4,700 $116,901
2021 $1,735 $82,755 $2,550 $80,205
2020 $1,595 $74,166 $2,550 $71,616
2019 $1,439 $69,718 $2,800 $66,918
2018 $1,089 $49,046 $2,900 $46,146
2017 $862 $36,860 $2,500 $34,360
2016 $844 $35,476 $0 $0
2015 $829 $34,159 $0 $0
2014 $756 $31,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM374068

Stellar MLS

APN: 1803-010-019