NOT LISTED FOR SALE

21775 SW 88th Lane Rd Dunnellon, FL 34431

Rainbow Springs Neighborhood

Estimated Value: $406,555 - $567,000

3 Beds
2 Baths
1,928 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $287,000 $149 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,886/month

57 Days on Market

Highlights

  • Lake Front
  • 1.26 Acre Lot
  • Wood Flooring
  • Access To Lake
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of September 2018

Private custom built home in the Woodlands at Rainbow Springs. Bass fish from your back yard that overlooks one of Rainbow Springs many Lakes, spend weekends in the residences' only park with access to the Rainbow River. Woodlands Retreat is a three bedroom, two bath home is nestled on 1.26 acres. With an open floor plan and high ceilings the home is perfect for entertaining. The hickory hand scraped hardwood floors, tile in the living areas and 3M glass on all doors and windows are just a few of the upgrades. The gourmet kitchen hosts wellborn solid cherry cabinetry with pull out drawers, stainless appliances and conversation bar. Relax on the screened lanai before retiring in the spacious master suite with an en-suite bath that boasts huge walk in shower and dual vanity sinks.

Last Agent to Sell the Property

Carol Krokel

OAK & SAGE REALTY LLC License #3308064 Listed on: 05/21/2018

Last Buyer's Agent

Brittany Fowler

ASHLAR REALTY License #3324631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 2012

Lot Details

  • 1.26 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Wooded Lot
  • Property is zoned A-1 General Agriculture

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Formal Dining Room
  • Lake Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Utilities

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

Community Details

  • Rainbow Spgs Wd Subdivision

Listing and Financial Details

  • Property Available on 5/21/18
  • Legal Lot and Block 3 / 149
  • Assessor Parcel Number 3295-149-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,121

Year Built

Built in 2012

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1928
  • Lot Size Acres: 1.26
  • New Construction: No
  • Year Built: 2012
  • Building Area Total: 2619
  • Lot Size Sq Ft: 54886
  • Directions to Property: From HWY 41 go west on SW 88th Loop to Right onto SW 217 Ct Rd to Left on SW 88th Lane Rd to house on Right
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044897
  • RATIO Current Price By Calculate: 148.86
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Split Bedroom, Walk-In Closet(s), Water Softener, Wet Bar
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 21775
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Water Access, Waterfront
  • Association Fee: 9.58
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 9.58

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 3295-149-003
  • Additional Parcels: No
  • Lot Features: Street Dead-End, Paved, Wooded
  • Lot Dimensions: 139.0 ft x 396.0 ft
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-05-21
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 2120.76
  • Tax Block: 149
  • Tax Book Number: S-054
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lake
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 14, 2018
Sold by
Rutland Michael D and Rutland Crystal G
Bought by
Kephart James S and Kephart Meka
Seller's Agent
Carol Krokel
OAK & SAGE REALTY LLC
Buyer's Agent
Brittany Fowler
ASHLAR REALTY
List Price
$289,900
Sold Price
$287,000
Premium/Discount to List
-$2,900
-1%
Current Estimated Value
$473,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,639
Avg. Annual Appreciation
7.61%
Original Mortgage
$281,801
Outstanding Balance
$250,735
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$229,875

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bouton Matthew and Bouton Amber
Bought by
Rutland Michael D and Rutland Crystal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2015
Closed on
Oct 29, 2015
Sold by
Schaeffer Richard C
Bought by
Boutob Matthew and Bouton Amber
Seller's Agent
Joe Vorwerk
SELLSTATE NEXT GENERATION REAL
Buyer's Agent
Beth Anthony
REMAX/PREMIER REALTY
List Price
$229,900
Sold Price
$223,000
Premium/Discount to List
-$6,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$178,400
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2011
Sold by
Gesick William and Gesick Rosanne
Bought by
Schaeffer Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Gesick William and Gesick Rosanne
Bought by
Gesick William and Gesick Rosanne

Purchase Details

Closed on
Feb 5, 2004
Sold by
Knowles John
Bought by
Gesick William and Gesick Rosanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kephart James S $287,000 First International Title In
Rutland Michael D $230,000 Attorney
Boutob Matthew $223,000 Attorney
Schaeffer Richard C $16,000 Attorney
Gesick William -- Attorney
Gesick William $15,000 Rainbow Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kephart James S $281,801
Previous Owner Rutland Michael D $225,834
Previous Owner Boutob Matthew $178,400
Previous Owner Schaeffer Richard C $100,000
Previous Owner Gesick William $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $287,000 -- --
03/07/2022 03/07/22 Off Market $223,000 -- --
09/14/2018 09/14/18 Sold $287,000 -1.0% $149 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $289,900 +30.0% $150 / Sq Ft
10/29/2015 10/29/15 Sold $223,000 -3.0% $116 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $229,900 -- $119 / 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 $4,503 $254,271 -- --
2023 $4,286 $231,155 $0 $0
2022 $4,006 $210,141 $0 $0
2021 $3,436 $191,037 $14,500 $176,537
2020 $3,386 $186,515 $15,300 $171,215
2019 $3,322 $180,680 $11,900 $168,780
2018 $2,876 $160,358 $12,500 $147,858
2017 $2,121 $151,372 $0 $0
2016 $2,080 $148,259 $0 $0
2015 $1,526 $113,218 $0 $0
2014 $1,435 $112,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Krokel

    Seller's Agent in 2018

    Carol Krokel

    OAK & SAGE REALTY LLC

    (352) 216-9322

    2 in this area

    91 Total Sales

    Carol Krokel
    Section Image
  • Brittany Fowler

    Buyer's Agent in 2018

    Brittany Fowler

    ASHLAR REALTY

    (352) 304-3686

    52 Total Sales

    Brittany Fowler
    Section Image
  • Joe Vorwerk

    Seller's Agent in 2015

    Joe Vorwerk

    SELLSTATE NEXT GENERATION REAL

    (352) 454-5912

    1 in this area

    25 Total Sales

    Joe Vorwerk
    Section Image
  • Beth Anthony

    Buyer's Agent in 2015

    Beth Anthony

    RE/MAX

    (352) 817-1212

    10 in this area

    202 Total Sales

    Beth Anthony
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM536847

Stellar MLS

APN: 3295-149-003

Florida Marion County Dunnellon 34431 Rainbow Springs

21775 SW 88th Lane Rd, Dunnellon, FL

This home is located at 21775 SW 88th Lane Rd, Dunnellon, FL 34431 since 21 May 2018 and is currently estimated at $473,639, approximately $245 per square foot. This property was built in 2012. 21775 SW 88th Lane Rd is a home located in Marion County with nearby schools including Dunnellon Elementary School, Dunnellon Middle School, and Dunnellon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes