NOT LISTED FOR SALE

Estimated Value: $25,467 - $228,000

0.99 Acre
$85,219 Price per Acre
43,124 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $26,000

Est. 224% increase in value since last sale

Current estimated payment $501/month

97 Days on Market

About This Lot

As of August 2023

Just under 1 Acre of property waiting for you to build your next home on! There is electricity already on the property, and with minimal trees and being mostly level, it's ready to go. Located in Rainbow Lakes Estates. Paved roads, NO Flood Zone, and plenty of New Construction in the area. Don't miss this one!

Last Agent to Sell the Property

Joe Brown

EXP REALTY, LLC Brokerage Phone: 352-509-6169 License #3059270 Listed on: 04/24/2023

EXP REALTY, LLC

Last Buyer's Agent

Sheri Long

REAL BROKER, LLC License #3475541

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135x320
  • West Facing Home
  • Property is zoned R1

Schools

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

Utilities

  • Well Required
  • Septic Needed
  • Private Sewer

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 16
  • Assessor Parcel Number 1804-016-027

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.99
  • Lot Size Sq Ft: 43124
  • Directions to Property: Head north on US Hwy 41 N toward SW 194th Ave/SW 61, Turn left onto SW Rainbow Lakes Blvd, Turn left onto SW Portulaca Ct, Property will be on the left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • RATIO Current Price By Calculate: 0.60
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4929

Exterior Features

  • Direction Faces: West
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 26263

Utilities

  • Utilities: Electricity Available, Private
  • Sewer: Septic Needed
  • Water Source: Private, Well Required
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1804-016-027
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Paved
  • Lot Dimensions: 135x320
  • Flood Zone Code: X
  • Lot Size Square Meters: 4006

Tax Info

  • Tax Annual Amount: 254.42
  • Tax Block: 16
  • Tax Book Number: F-139
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Aug 28, 2023
Sold by
Becerril Aaron and Becerril Hannah E
Bought by
Anderson Roger D and Anderson Diane M
Seller's Agent
Joe Brown
EXP REALTY, LLC
Buyer's Agent
Sheri Long
REAL BROKER, LLC
List Price
$29,500
Sold Price
$26,000
Premium/Discount to List
-$3,500
-11.86%
Total Days on Market
97
Views
80
Current Estimated Value
$84,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,367
Avg. Annual Appreciation
93.01%

Purchase Details

Closed on
Dec 8, 2022
Sold by
Chandler Brenda
Bought by
Becerril Aaron and Becerril Hannah E

Purchase Details

Closed on
Mar 26, 2021
Sold by
Perry Ranford and Perry Loistine
Bought by
Chandler Brenda

Purchase Details

Closed on
Jul 10, 2010
Sold by
Martinez Aida L
Bought by
Perry Ranford and Perry Loistine

Purchase Details

Closed on
Oct 30, 2000
Sold by
Reed Duane E and Reed Norma J
Bought by
Martinez Aida L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2000
Sold by
Zaks Jerry I
Bought by
Reed Duane E and Reed Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Anderson Roger D $26,000 Equitable Title
Becerril Aaron $23,000 First International Title
Chandler Brenda $8,000 First International Ttl Inc
Perry Ranford $8,000 None Available
Martinez Aida L $4,500 Rainbow Title Company
Reed Duane E $2,700 Rainbow Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Aida L $4,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $26,000 0.0% --
07/31/2023 07/31/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $26,000 -11.9% --
04/24/2023 04/24/23 For Sale $29,500 -- --
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
2023 $344 $13,000 $13,000 $0
2022 $254 $10,200 $10,200 $0
2021 $157 $5,100 $5,100 $0
2020 $147 $4,250 $4,250 $0
2019 $147 $4,200 $4,200 $0
2018 $150 $4,500 $4,500 $0
2017 $143 $4,200 $4,200 $0
2016 $139 $3,751 $0 $0
2015 $136 $3,410 $0 $0
2014 $122 $3,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM656917

Stellar MLS

APN: 1804-016-027