NOT LISTED FOR SALE

21820 SW 87th Loop Dunnellon, FL 34431

Estimated Value: $456,000 - $513,000

3 Beds
2 Baths
3,521 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 29, 2025

Last sale price $485,000 $138 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,815/month

188 Days on Market

Highlights

  • 75 Feet of Lake Waterfront
  • Screened Pool
  • Private Lot
  • Fitness Center
  • Clubhouse
  • Living Room with Fireplace

About This Home

As of April 2025

SELLER IS OFFERING A $10,000 CREDIT TO BUYERS AT CLOSING!
ONE OF A KIND HIDDEN GEM: PRIVATE Lakefront POOL Home on a CORNER LOT in The Woodlands at Rainbow Springs – Experience the perfect blend of tranquility and luxury in this exceptional PRIVATE LAKEFRONT - POOL HOME, nestled on a spacious CORNER LOT at the end of a serene CUL-DE-SAC in The Woodlands at Rainbow Springs. This 3-bedroom, 2-bath residence boasts OVER 3,500 sq. ft. of living space and features a SPIRAL STAIRCASE leading to a versatile loft that can serve as an extra bedroom, game room, or recreation area, all overlooking your PRIVATE LAKE. Designed for entertaining, the CHEF'S DREAM KITCHEN offers ample counter space and storage, making it ideal for family gatherings. The expansive living room/great room showcases an A-frame design with soaring ceilings and a DOUBLE- SIDED, wood-burning STONE FIREPLACE, perfect for cozy evenings spent with loved ones. Step outside to your private oasis, where you can enjoy a SCREENED LANAI and a refreshing POOL, seamlessly blending indoor and outdoor living. Surrounded by a BRICK PAVER DECK, this space is perfect for sunbathing, entertaining, or simply relaxing while enjoying views of the PRIVATE LAKE The OVER SIZED is beautifully landscaped with mature PALM TREES in the backyard, creating a lush, tropical atmosphere. The property also features a FENCED IN DOG RUN, making it perfect for your furry pets. With an extended paver driveway providing ample parking, there’s plenty of space for an RV or boat, complete with a 50-amp RV HOOKUP. Additional conveniences include underground -electric invisible pet fence (collars included), and an oversized garage with a SHED for extra storage. As a resident of Rainbow Springs, you'll enjoy a wealth of community amenities, including a clubhouse with a restaurant, exercise room, pool, and game rooms, along with outdoor tennis/pickleball courts. Residents also benefit from private access to the Rainbow River, featuring a park, swimming area, and canoe/kayak launch. Dunnellon offers a convenient boat launch for all your water adventures, while nearby Lake Rousseau and Crystal River present even more opportunities for fishing and outdoor fun. Whether you're fishing from your own PRIVATE LAKE, basking in the sun by the pool, or savoring the abundant wildlife, this home truly has it all. With a NEW ROOF (2023), UPDATED HVAC (2018), and plenty of storage, this property is ready for you to move in and start living your dream. Don’t miss this rare opportunity to own a private lakefront pool home that embodies the ultimate in Florida living! Schedule a showing today and make this corner-lot beauty your own!

Last Agent to Sell the Property

Tina Mervolion

KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #3513381 Listed on: 09/21/2024

KELLER WILLIAMS CORNERSTONE RE

Last Buyer's Agent

Tina Mervolion

KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #3513381 Listed on: 09/21/2024

KELLER WILLIAMS CORNERSTONE RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1985

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 150x230
  • 75 Feet of Lake Waterfront
  • Lake Front
  • Cul-De-Sac
  • South Facing Home
  • Dog Run
  • Mature Landscaping
  • Private Lot
  • Corner Lot
  • Oversized Lot
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Woods
  • Pool

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,521 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Private Mailbox

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, recreational facilities, security, sewer
  • Rainbow Springs Poa, Phone Number (352) 489-1621
  • Rainbow Springs Woodlands Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,471

Year Built

Built in 1985

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Recreational Facilities, Security, Sewer
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 3521
  • Lot Size Acres: 0.79
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 4141
  • Lot Size Sq Ft: 34412
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 384.71
  • Escrow City: Dunnellon
  • Escrow State: FL
  • Escrow Street Name: W. Pennsylvania Ave
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 137.74
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 352-369-4044
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Spa Yn: No
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Loft
  • Living Area Meters: 327.11

Exterior Features

  • Direction Faces: South
  • Pool Features: Deck, Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Dog Run, French Doors, Lighting, Private Mailbox, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Water Body Name: SECTION SIXTEEN LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Water Frontage Feet Lake: 75

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Other, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf Carts OK, Pool, Racquetball, Restaurant, Tennis Court(s)
  • Association Amenities: Fitness Center, Pickleball Court(s), Pool, Racquetball
  • Association Fee: 243
  • Association Fee Frequency: Annually
  • Association Name: RAINBOW SPRINGS POA
  • Phone: 352-489-1621
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: j.rugg@villagesservices.net
  • Association URL: https:rspoa.nabrnetwork.com

Fee Information

  • Total Annual Fees: 243.00
  • Total Monthly Fees: 20.25
  • Monthly HOA Amount: 20.25

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 3293-008-016
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Corner Lot, Cul-De-Sac, Oversized Lot, Private, Paved
  • Lot Dimensions: 150x230
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Contact HOA for additional information.

Tax Info

  • Tax Annual Amount: 4471.03
  • Tax Block: 8
  • Tax Book Number: R-065RAINBOW
  • Tax Lot: 16

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: Contact HOA for additional information.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Apr 29, 2025
Sold by
Garret L & Judith Thew Living Trust and Thew Judith
Bought by
Sanders Marion Robert and Sanders Paula Ann
Seller's Agent
Tina Mervolion
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Tina Mervolion
KELLER WILLIAMS CORNERSTONE RE
List Price
$509,888
Sold Price
$485,000
Premium/Discount to List
-$24,888
-4.88%
Views
205
Current Estimated Value
$481,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,449
Avg. Annual Appreciation
-1.16%
Original Mortgage
$485,000
Outstanding Balance
$483,289
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
-$1,738

Purchase Details

Closed on
Nov 3, 2021
Sold by
Suheski Michael L and Suheski Cindy E
Bought by
Byers Jackie

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 21, 2019
Sold by
Kramer Doris A
Bought by
Suheski Michael L and Suheski Cindy E
Buyer's Agent
Denise Novak
DALTON WADE INC
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sanders Marion Robert $485,000 Clear Choice Title
Sanders Marion Robert $485,000 Clear Choice Title
Byers Jackie -- Attorney
Suheski Michael L $310,000 Clear Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Marion Robert $485,000
Closed Sanders Marion Robert $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2025 04/29/25 Sold $485,000 -3.0% $138 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $499,900 -2.0% $142 / Sq Ft
02/10/2025 02/10/25 For Sale $509,888 0.0% $145 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $509,888 -1.9% $145 / Sq Ft
12/11/2024 12/11/24 Price Changed $519,888 -1.7% $148 / Sq Ft
11/13/2024 11/13/24 Price Changed $528,888 -1.9% $150 / Sq Ft
10/26/2024 10/26/24 Price Changed $539,000 -1.9% $153 / Sq Ft
09/21/2024 09/21/24 For Sale $549,700 +20.0% $156 / Sq Ft
07/14/2023 07/14/23 Sold $458,250 -3.5% $130 / Sq Ft View Prior Sale
05/27/2023 05/27/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $475,000 +53.2% $135 / Sq Ft
06/21/2019 06/21/19 Sold $310,000 -6.1% $88 / Sq Ft View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $330,000 -- $94 / 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 $3,172 $228,439 -- --
2023 $3,172 $304,271 $0 $0
2022 $4,355 $295,409 $0 $0
2021 $4,360 $286,805 $0 $0
2020 $4,327 $282,845 $12,825 $270,020
2019 $2,807 $190,150 $0 $0
2018 $2,660 $186,605 $0 $0
2017 $2,611 $182,767 $0 $0
2016 $2,567 $179,008 $0 $0
2015 $2,584 $177,764 $0 $0
2014 $2,431 $176,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM686011

Stellar MLS

APN: 3293-008-016