NOT LISTED FOR SALE

4705 S Rainbow Inverness, FL 34452

Estimated Value: $12,655 - $277,000

0.2 Acre
$506,090 Price per Acre
8,775 Sq Ft Lot

Last Sold October 14, 2024

Last sale price $13,000

Est. 679% increase in value since last sale

Current estimated payment $527/month

48 Days on Market

About This Lot

As of October 2024

This .20-acre lot in Inverness Highlands West is situated on a paved road. Its location is convenient, with proximity to shopping centers, hospitals, schools, restaurants, and the downtown area. The lot is not in a flood zone and is zoned for single-family homes.

Last Agent to Sell the Property

Marcy Mahfuz

Century 21 J.W.Morton R.E. License #3540899 Listed on: 08/13/2024

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Marcy Mahfuz

Century 21 J.W.Morton R.E. License #3540899 Listed on: 08/13/2024

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Lot Details

  • 8,775 Sq Ft Lot
  • Landscaped with Trees
  • Property is zoned MDR

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Inverness Highlands West Subdivision

Property Details

Property Type

Land

Lot Details

8,775 Sq Ft Lot

Listing Details

  • Directions: S on HWY 41, Turn right into Apoka Ave, Turn Left onto Malverne St, turn right onto World Way, Turn right onto Rainbow Dr. Lot is on your left
  • Lot Size Acres: 0.2
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Inverness Highlands West
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 8775.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 73.79
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 14, 2024
Sold by
Paxton Jacqueline
Bought by
Ramos Randy Louis
Seller's Agent
Marcy Mahfuz
Century 21 J.W.Morton R.E.
Buyer's Agent
Marcy Mahfuz
Century 21 J.W.Morton R.E.
List Price
$14,750
Sold Price
$13,000
Premium/Discount to List
-$1,750
-11.86%
Views
4
Current Estimated Value
$101,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,218
Avg. Annual Appreciation
328.68%

Purchase Details

Closed on
Aug 1, 1996
Bought by
Paxton Michael Anthony and Paxton Jacqueline

Purchase Details

Closed on
Jul 1, 1992
Bought by
Paxton Michael Anthony and Paxton Jacqueline

Purchase Details

Closed on
Apr 1, 1978
Bought by
Paxton Michael Anthony and Paxton Jacqueline
Source: Public Records
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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
Ramos Randy Louis $13,000 First International Title
Paxton Michael Anthony $100 --
Paxton Michael Anthony $3,500 --
Paxton Michael Anthony $3,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 Sold $13,000 -11.9% --
09/30/2024 09/30/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $14,750 -- --
Source: REALTORS® Association of Citrus County

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
2025 $86 $10,360 $10,360 --
2024 $74 $8,070 $8,070 --
2023 $74 $6,220 $6,220 $0
2022 $57 $4,070 $4,070 $0
2021 $48 $3,110 $3,110 $0
2020 $49 $3,070 $3,070 $0
2019 $45 $2,780 $2,780 $0
2018 $51 $3,220 $3,220 $0
2017 $52 $3,400 $3,400 $0
2016 $47 $2,770 $2,770 $0
2015 $74 $4,340 $4,340 $0
2014 $69 $3,910 $3,910 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcy Mahfuz

    Century 21 J.W.Morton R.E.

    (352) 316-8118

    4 in this area

    40 Total Sales

    Marcy Mahfuz
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 836388

REALTORS® Association of Citrus County

APN: 20E-19S-29-0010-03800-0030

Florida Citrus County Inverness 34452

4705 S Rainbow, Inverness, FL

Not Listed for Sale

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