NOT LISTED FOR SALE

448 SW Alvarez Rd Dunnellon, FL 34431

Rainbow Lakes Estates Area

Estimated Value: $224,000 - $284,000

3 Beds
2 Baths
1,317 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2024

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

Current estimated payment $1,715 / mo

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

ASHLAR REALTY Brokerage Phone: 888-668-8283 License #3121521 Listed on: 04/08/2024

Co-Listed By

jeff m

ASHLAR REALTY Brokerage Phone: 888-668-8283 License #3405554

Last Buyer's Agent

Bobbie Jo Clark

CROWN & GLORY REALTY INC License #3301709

CROWN & GLORY REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $187

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 10,890 Sq Ft 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

0.25 Acres

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
  • Status: Sold
  • Street Direction: SW
  • Co List Office Mls Id: MFR260031661
  • Co List Office Phone: 888-668-8283
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 168.25
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SW 12th Ave
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 187.93
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • 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
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 122.35

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Lisa Martineau
ASHLAR REALTY
Buyer's Agent
Bobbie Jo Clark
CROWN & GLORY REALTY INC
List Price
$249,000
Sold Price
$247,500
Premium/Discount to List
-$1,500
-0.6%
Views
20
Current Estimated Value
$247,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
May 31, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$247,500 Signature Title & Escrow Servi
$7,000 First International Title
-- Attorney
$20,000 Advantage Title Llc
$16,900 Advantage Title Llc
$17,700 Advantage Title Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,397 $217,765 $8,500 $209,265
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

    ASHLAR REALTY

    (352) 427-6761

    92 Total Sales

    Lisa Martineau
    Section Image

  • j

    Seller Co-Listing Agent in 2024

    jeff m

    ASHLAR REALTY

    (352) 231-5902

    136 Total Sales

    jeff m
    Section Image
  • Bobbie Jo Clark

    Buyer's Agent in 2024

    Bobbie Jo Clark

    CROWN & GLORY REALTY INC

    (352) 274-8046

    142 Total Sales

    Bobbie Jo Clark
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM676332

Stellar MLS

APN: 1816-502-021

Florida Marion County Dunnellon 34431

448 SW Alvarez Rd, Dunnellon, FL

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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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