NOT LISTED FOR SALE

526 Rainbow Springs Loop Groveland, FL 34736

Groveland Area

Estimated Value: $267,000 - $296,000

3 Beds
2.5 Baths
1,629 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2019

Last sale price $199,400 $122 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,063 / mo

133 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Open Floorplan
  • Access To Lake
  • Gated Community
  • Clubhouse

About This Home

As of February 2019

JUST REDUCED,,, Relocated to NY forces the original owner to sacrifice this upgraded, end unit townhouse. Sit and relax on the covered front porch, , The home is equipped with 'Smart Technology'., open/close the garage door and control the thermostat from your smart phone. Entry door smart lock does not convey., Upon entry you are in an open Living Room, Dining Room and Kitchen, all done with large ceramic floor tiles. The kitchen offers Corian on the Counter tops, the breakfast bar and on the food prep Island. The roomy 42 inch cabinets are finished with crown molding. There's a sliding glass door leading from the kitchen to a private - PVC fenced patio area. There's a half bath between the Kitchen and the rear entry two-car garage. The Master Bedroom is on the 1st floor.
The second floor consists of two good sized bedrooms, a full bathroom and a large loft area. Ryland Homes, the builder, offered an optional 4th bedroom in the loft area. Living at Waterside Pointe is like living at a resort. From the palm tree lined- gated entrance to the large clubhouse, a swimming pool with the largest water slide in the area, to open areas along a pond and a 220 acre lake, it's Central Florida living at its best ! The clubhouse area also offers an air conditioned fitness building. Other amenities include: a tennis court, a basketball court, soccer nets and a private boat ramp to the 220 acre lake. RV, Boat or Trailer owners can take advantage of an on-site, secured storage facility. Welcome home !

Last Agent to Sell the Property

Maria Rodriguez

OLYMPUS EXECUTIVE REALTY INC License #618421 Listed on: 09/13/2018

Co-Listed By

Richard Bisaillon

COLDWELL BANKER HUBBARD HANSEN License #432689

Last Buyer's Agent

Karen Giehl, PA

OLYMPUS EXECUTIVE REALTY INC License #0702222

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 2014

Lot Details

  • 4,755 Sq Ft Lot
  • End Unit
  • East Facing Home
  • Fenced
  • Irrigation

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Alley Access

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,629 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Loft
  • Inside Utility
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Access To Lake
  • Access To Pond
  • Boat Ramp
  • Patio

Location

  • City Lot

Schools

  • Groveland Elementary School
  • Clermont Middle School
  • South Lake High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, private road, recreational facilities, security
  • Waterside Pointe Ph 01 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Ramp
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,986

Year Built

Built in 2014

Lot Details

4,755 Sq Ft Lot

HOA Fees

$189 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1629
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2014
  • Lot Size Sq Ft: 4755
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5006193&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5006193&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 122.41
  • Close to Original List Price Ratio: 0.09921
  • View: No
  • Co List Office Mls Id: 260520233
  • Co List Office Phone: 352-394-4031
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Room Count: 8
  • Additional Rooms: Inside Utility, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water Access: Lake, Pond
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12069C0570E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Alley Access
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Community Boat Ramp, Deed Restrictions, Fitness, Gated Community, Playground, Pool, Sidewalk, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Private Boat Ramp, Recreation Facilities, Storage, Tennis Court(s)
  • Association Fee: 189
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Amenities Additional Fees: Compound to store RVs, Boat or Trailer
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2268
  • Monthly HOA Fee: 189
  • Total Monthly Fees: 189

Schools

  • Elementary School: Groveland Elem
  • High School: South Lake High
  • Middle Or Junior School: Clermont Middle

Lot Info

  • Zoning: RES
  • Parcel Number: 22-22-25-001000010400
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Property Attached Yn: Yes
  • Millage Rate: 19.32
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Pet Restrictions: VERIFY WITH HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: BUYER'S AGENT TO VERIFY WITH HOA

Tax Info

  • Tax Annual Amount: 1986
  • Tax Block: 0000
  • Tax Book Number: 63-13-21
  • Tax Lot: 104

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
Sep 13, 2018
Closed on
Feb 1, 2019
Sold by
Bought by
Seller's Agent
Maria Rodriguez
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Karen Giehl, PA
OLYMPUS EXECUTIVE REALTY INC
List Price
$2,009,900
Sold Price
$199,400
Premium/Discount to List
-$1,810,500
-90.08%
Current Estimated Value
$281,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,948
Avg. Annual Appreciation
4.69%
Original Mortgage
$189,430
Outstanding Balance
$162,755
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$118,593

Purchase Details

Closed on
May 30, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,388
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Groveland, FL

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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
$199,400 Fidelity National Title
$166,403 Ryland Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $189,430
Previous Owner $163,388
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
02/20/2019 02/20/19 Sold $199,400 0.0% $122 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $199,400 -0.3% $122 / Sq Ft
11/06/2018 11/06/18 Price Changed $199,900 -2.5% $123 / Sq Ft
10/22/2018 10/22/18 Price Changed $204,950 -2.4% $126 / Sq Ft
09/13/2018 09/13/18 Price Changed $209,900 -89.6% $129 / Sq Ft
09/12/2018 09/12/18 For Sale $2,009,900 -- $1,234 / 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
2026 $3,975 $250,886 $50,000 $200,886
2025 $3,876 $250,886 $50,000 $200,886
2024 $3,876 $250,886 $50,000 $200,886
2023 $3,876 $244,857 $50,000 $194,857
2022 $4,184 $264,857 $70,000 $194,857
2021 $3,354 $186,956 $0 $0
2020 $3,101 $171,594 $0 $0
2019 $2,035 $148,495 $0 $0
2018 $1,971 $145,727 $0 $0
2017 $1,986 $145,727 $0 $0
2016 $1,863 $136,802 $0 $0
2015 $2,840 $138,986 $0 $0
2014 $376 $18,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5006193

Stellar MLS

APN: 22-22-25-0010-000-10400

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