$140,000
SOLD OCT 3, 2024

4961 SW 196th Ave Dunnellon, FL 34431

3 Beds
2 Baths
1,380 Sq Ft
0.29 Acres

Recently Sold

$101 Per Sq Ft

1 Day on Market

Highlights

  • Access To Chain Of Lakes
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of April 2025

Potential Investment Property in Rainbow Lakes Estates

**Location:**
- Close to Wolverine Lake
- Proximity to various outdoor activities

**Features:**
- Excellent investment potential
- Ideal for retirement or family living
- New roof for durability and peace of mind

**Nearby Amenities:**
- Lakes for fishing, boating, and swimming
- Parks and trails for hiking and biking
- Community events and activities

**Investment Highlights:**
- Great starter or retirement home.
- Strong rental market in the area
- Potential for value appreciation


**Conclusion:**
This property offers a unique opportunity for both investors and families seeking a beautiful, active lifestyle near nature.

Last Agent to Sell the Property

Randall Dorsey

LOKATION Brokerage Phone: 954-545-5583 License #3470335 Listed on: 09/18/2024

LOKATION

Last Buyer's Agent

Randall Dorsey

LOKATION Brokerage Phone: 954-545-5583 License #3470335 Listed on: 09/18/2024

LOKATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50x253
  • West Facing Home
  • Dog Run
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Access To Chain Of Lakes
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainbow Acres Add 02 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$675

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1380
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2089
  • Lot Size Sq Ft: 12632
  • Directions to Property: From hwy 41, turn west onto SW Rainbow Lakes Blvd. Turn left on sw 196th. Sign in the yard on the left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1057186
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 101.45
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 954-545-5583
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4961
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 128.21
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Dog Run, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Lake - Chain of Lakes
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1760-002-102
  • Additional Parcels: No
  • Lot Dimensions: 50x253
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1174

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 675.4
  • Tax Block: B
  • Tax Book Number: H-070RAINBOW
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Apr 18, 2025
Sold by
Jeansonne Kevin L and Jeansonne Ignacia M
Bought by
Morales Sharon
Seller's Agent
Randall Dorsey
LOKATION
Buyer's Agent
Victoria Kobea
TROPIC SHORES REALTY LLC
List Price
$199,000
Sold Price
$189,450
Premium/Discount to List
-$9,550
-4.8%
Views
109
Current Estimated Value
$190,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$946
Avg. Annual Appreciation
-3.45%
Original Mortgage
$190,909
Outstanding Balance
$190,741
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$3,080

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 2, 2024
Sold by
Bly Harold E
Bought by
Jeansonne Kevin L and Jeansonne Ignacia M
Seller's Agent
Randall Dorsey
LOKATION
Buyer's Agent
Randall Dorsey
LOKATION
List Price
$140,000
Sold Price
$140,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.09%

Purchase Details

Closed on
Jan 1, 2016
Bought by
Bly Harold E
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 Type Sale Price Title Company
Warranty Deed $189,500 First International Title
Warranty Deed $140,000 First International Title
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,909 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $189,450 -0.2% $137 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
03/02/2025 03/02/25 Price Changed $189,900 -4.4% $138 / Sq Ft
02/26/2025 02/26/25 Price Changed $198,700 -0.5% $144 / Sq Ft
01/16/2025 01/16/25 Price Changed $199,700 -4.4% $145 / Sq Ft
01/06/2025 01/06/25 Price Changed $209,000 +5.0% $151 / Sq Ft
01/06/2025 01/06/25 For Sale $199,000 0.0% $144 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/13/2024 12/13/24 Price Changed $199,000 -2.8% $144 / Sq Ft
12/09/2024 12/09/24 Price Changed $204,700 -2.1% $148 / Sq Ft
11/07/2024 11/07/24 For Sale $209,000 +49.3% $151 / Sq Ft
10/03/2024 10/03/24 Sold $140,000 0.0% $101 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $140,000 -- $101 / 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
2023 $685 $71,284 $0 $0
2022 $736 $69,208 $0 $0
2021 $741 $67,192 $0 $0
2020 $738 $66,264 $0 $0
2019 $734 $64,774 $0 $0
2018 $709 $63,566 $0 $0
2017 $704 $62,259 $0 $0
2016 $689 $60,978 $0 $0
2015 $687 $60,554 $0 $0
2014 $680 $63,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: OM686253

Stellar MLS

APN: 1760-002-102