NOT LISTED FOR SALE

448 SW Alvarez Rd Dunnellon, FL 34431

Rainbow Lakes Estates Neighborhood

Estimated Value: $244,233 - $868,000

3 Beds
2 Baths
1,317 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $247,500 $188 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,235/month

39 Days on Market

Highlights

  • Under Construction
  • Cathedral Ceiling
  • No HOA
  • Open Floorplan
  • Solid Surface Countertops
  • 2 Car Attached Garage

About This Home

As of June 2024

Under Construction. Experience the peace and tranquility of country living in this New Construction 3 bedroom 2 bath Home Located in the up and coming neighborhood of Rainbow Lakes Estates just 30 minutes west Ocala, 15 minutes from Downtown Dunnellon, and 30 minutes from the Gulf Coast town of Crystal River. This home's upgrades include Stainless Steel Appliances, Wood Cabinets with soft close hinges, Granite Countertops in Kitchen and Baths, Tile Shower and bath, double sinks in master bathroom, Luxury Vinyl Plank Flooring in main areas with carpet in all bedrooms, and 10 x 10 patio. The 2 car garage is equipped with garage door opener and wireless keypad. Concrete Block Construction and Energy efficient windows will keep your energy costs low. Love the Community you live in! Rainbow Lakes Estates offers a Community Center and a Recreational Park which include playgrounds, tennis courts, racquetball courts, basketball courts, baseball field, walking trails, a boat ramp to Tiger Lake, and picnic pavilions.
Rainbow River and Rainbow Springs are part of Marion County's Top outdoor attractions and are only a short 10 minute drive from Rainbow Lakes Estates. Enjoy the crystal clear water for kayaking, tubing and outdoor fun. Play a round of golf just 10 minutes away at Nationally recognized Juliette Falls Championship Golf Course. Whether you enjoy outdoor activities and adventure, or prefer to relax and enjoy the beauty of nature, you'll love calling Rainbow Lakes Estates your home.

Last Agent to Sell the Property

Lisa Martineau

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3121521 Listed on: 04/08/2024

DALTON WADE INC

Co-Listed By

jeff m

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3405554

Last Buyer's Agent

Bobbie Jo Pardee

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3301709

NEXT GENERATION REALTY OF MARION COUNTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $187

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77x143
  • East Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,317 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Eucharist Construction, Inc.
  • Rainbow Lakes Estates Sec O Subdivision, Discovery Floorplan

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$187

Year Built

Built in 2024 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1317
  • Lot Size Acres: 0.25
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 1811
  • Lot Size Sq Ft: 10890
  • Directions to Property: From Ocala take Hwy 40 West to Hwy 328 turn right go west to Hwy 41 turn right Turn left onto NW 27 St/SE 80th St Turn left onto NW Ridgewood Rd Turn left onto NW Mallard Ave Turn right onto Alvarez Rd House on right
  • Status: Sold
  • Street Direction: SW
  • Co List Office Mls Id: MFR260031661
  • Co List Office Phone: 888-668-8283
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SW 12th Ave
  • Escrow Street Number: 1920
  • List Office Head Office Key Nume: 163917242
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 187.93
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: 2023064024
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-668-8283
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 448
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 122.35
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2024-06-15T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 1816-502-021
  • Additional Parcels: No
  • Lot Dimensions: 77x143
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1012

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Eucharist Construction, Inc.

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 187.35
  • Tax Block: 4
  • Tax Book Number: G-90ARAINBOW
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 18, 2024
Sold by
Mathis Properties Llc
Bought by
Rodriguez-Begin Idalinda and Henriquez Noel
Seller's Agent
Lisa Martineau
DALTON WADE INC
Buyer's Agent
Bobbie Jo Pardee
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$249,000
Sold Price
$247,500
Premium/Discount to List
-$1,500
-0.6%
Views
20
Current Estimated Value
$401,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,808
Avg. Annual Appreciation
-2.69%

Purchase Details

Closed on
May 31, 2023
Sold by
Sand Dollar Development Of Southern Flor
Bought by
Mathis Properties Llc

Purchase Details

Closed on
Jun 10, 2006
Sold by
Valery Minerve
Bought by
Sand Dollar Development Southern Fl Inc

Purchase Details

Closed on
Apr 5, 2005
Sold by
Stein & Giraldo Inc
Bought by
Sand Dollar Development Of Southern Fl

Purchase Details

Closed on
Mar 28, 2005
Sold by
Stein & Giraldo Inc
Bought by
Valery Minerve

Purchase Details

Closed on
Mar 11, 2005
Sold by
Busby Billy A
Bought by
Stein & Giraldo Inc
Source: Public Records

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 Buyer Sale Price Title Company
Rodriguez-Begin Idalinda $247,500 Signature Title & Escrow Servi
Mathis Properties Llc $7,000 First International Title
Sand Dollar Development Southern Fl Inc -- Attorney
Sand Dollar Development Of Southern Fl $20,000 Advantage Title Llc
Valery Minerve $16,900 Advantage Title Llc
Stein & Giraldo Inc $17,700 Advantage Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $247,500 -0.6% $188 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $249,000 -- $189 / 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 $226 $7,250 $7,250 --
2023 $187 $3,086 $0 $0
2022 $129 $2,805 $0 $0
2021 $114 $2,550 $2,550 $0
2020 $114 $2,550 $2,550 $0
2019 $115 $2,800 $2,800 $0
2018 $111 $2,900 $2,900 $0
2017 $103 $2,000 $2,000 $0
2016 $103 $2,000 $0 $0
2015 $102 $1,870 $0 $0
2014 $96 $1,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Martineau

    Seller's Agent in 2024

    Lisa Martineau

    DALTON WADE INC

    (352) 427-6761

    44 in this area

    97 Total Sales

    Section Image

  • j

    Seller Co-Listing Agent in 2024

    jeff m

    DALTON WADE INC

    (352) 231-5902

    80 in this area

    129 Total Sales

    Section Image
  • Bobbie Jo Pardee

    Buyer's Agent in 2024

    Bobbie Jo Pardee

    NEXT GENERATION REALTY OF MARION COUNTY LLC

    (352) 274-8046

    1 in this area

    149 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM676332

Stellar MLS

APN: 1816-502-021

Florida Marion County Dunnellon 34431 Rainbow Lakes Estates

448 SW Alvarez Rd, Dunnellon, FL

This home is located at 448 SW Alvarez Rd, Dunnellon, FL 34431 since 08 April 2024 and is currently estimated at $401,308, approximately $304 per square foot. This property was built in 2024. 448 SW Alvarez Rd is a home located in Marion County with nearby schools including Romeo 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

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