NOT LISTED FOR SALE

4068 S Rainbow Dr Inverness, FL 34452

Estimated Value: $164,000 - $185,000

2 Beds
1 Bath
953 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $180,000 $189 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $993/month

28 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Park
  • Corner Lot
  • 1 Car Attached Garage
  • 3-minute walk to Holden Park

About This Home

As of September 2024

Welcome to this adorable, well-maintained 2-bedroom, 1-bathroom home nestled on a peaceful corner lot in the Highlands neighborhood of Inverness. From the moment you step onto the screened-in front porch, you'll feel welcomed by your cozy retreat. Inside, the home features an open concept living space that flows effortlessly into the kitchen, offering a wonderful place for gathering and enjoying meals. Sliders from the living area open to a serene backyard lanai, extending the living space outdoors and is a perfect spot for morning coffee or evening relaxation. The layout is designed to ensure everything is within easy reach. Both bedrooms are generously sized and flooded with natural light and ample closet space in each room. The bathroom is conveniently located off the bedrooms and features a tub/shower combo. Situated near Holden Community Park with playgrounds, soccer and baseball fields, and scenic walking trails, this lovely home not only offers a comfortable living space but a vibrant community atmosphere. Whether you're enjoying the tranquility of your screened porch or exploring the nearby recreational amenities and the historic downtown Inverness, this home is sure to charm you. You can also have the peace of mind knowing a NEW ROOF was added in 2023.

Last Agent to Sell the Property

Mark Allgood

Century 21 J.W.Morton R.E. License #3363634 Listed on: 07/19/2024

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Florida Licensed Broker-Agent

Florida Licensed Brokers/Agents

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1973

Lot Details

  • 9,466 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Property is zoned MDR

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Drapes & Rods
  • Sliding Doors
  • Carpet

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

  • Pleasant Grove Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Inverness Highlands West Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Directions: From US Hwy 41 S & S Apopka Ave., Head South on S Apopka Ave toward W Grace St., Turn left onto E Inverness Blvd., Turn right onto S Highlands Ave., Turn right onto S Rainbow Dr., Your Sweet New Home Awaits on the Right!
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands West
  • Year Built: 1973
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, Water Purifier Owned, Refrigerator, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Laminate Counters, Open Floorplan, First Floor Entry, Sliding Glass Door(s)
  • Living Area: 953.0
  • Window Features: Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Corner Lot, Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Schools

  • Elementary School: Pleasant Grove Elementary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 9466.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 653.5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 3, 2024
Sold by
Thatcher Vii Richard T
Bought by
Wolfe Christopher
Seller's Agent
Mark Allgood
Century 21 J.W.Morton R.E.
Buyer's Agent
Florida Licensed Broker-Agent
Florida Licensed Brokers/Agents
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
20
Current Estimated Value
$177,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,377
Avg. Annual Appreciation
-1.27%

Purchase Details

Listed on
Nov 21, 2017
Closed on
Feb 27, 2018
Sold by
Swihart Janelle
Bought by
Thatcher Vii Richard T
Seller's Agent
Dawn Theroux
ERA American Suncoast Realty
Buyer's Agent
Ruth Frederick
Century 21 J.W.Morton R.E.
List Price
$84,900
Sold Price
$87,400
Premium/Discount to List
$2,500
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$85,816
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2014
Sold by
Swihart Roy and Swihart Carolyn
Bought by
Swihart Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Lynch Rowena P and Nelson Kelly F
Bought by
Swihart Roy and Swihart Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 7, 2006
Sold by
Byron Edward Samuel and Dobson Lynne D
Bought by
Lockwood Rowena and Nelson Kelly F

Purchase Details

Closed on
Mar 24, 2005
Sold by
Schommer Michael C
Bought by
Byron Edward Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Lula Irene H
Bought by
Lula Irene H and Schommer Michael

Purchase Details

Closed on
Jun 1, 1977
Bought by
Swihart Janelle

Purchase Details

Closed on
Dec 1, 1976
Bought by
Swihart Janelle
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wolfe Christopher $180,000 American Title Services
Thatcher Vii Richard T $87,400 First Intl Title Inc
Swihart Janelle $53,000 American Title Servicies
Swihart Roy $69,000 Benchmark Title
Lockwood Rowena $103,000 Express Title Services Of Ci
Byron Edward Samuel $56,000 Fidelity Title Services Llc
Lula Irene H $18,500 --
Swihart Janelle $23,000 --
Swihart Janelle $19,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thatcher Richard T $85,682
Previous Owner Thatcher Vii Richard T $85,816
Previous Owner Swihart Janelle $50,350
Previous Owner Swihart Roy $59,000
Previous Owner Byron Edward Samuel $50,400
Previous Owner Lula Irene H $37,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $180,000 -10.0% $189 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $200,000 +128.8% $210 / Sq Ft
02/27/2018 02/27/18 Sold $87,400 +2.9% $92 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $84,900 -- $89 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $654 $73,125 -- --
2023 $654 $70,995 $0 $0
2022 $630 $68,927 $0 $0
2021 $620 $66,919 $0 $0
2020 $562 $73,144 $3,320 $69,824
2019 $561 $64,511 $3,050 $61,461
2018 $336 $57,859 $3,480 $54,379
2017 $328 $41,157 $2,840 $38,317
2016 $324 $40,310 $2,860 $37,450
2015 $321 $40,030 $2,180 $37,850
2014 $749 $39,850 $4,075 $35,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 835670

REALTORS® Association of Citrus County

APN: 20E-19S-29-0010-03460-0110