NOT LISTED FOR SALE

5385 SW 196th Ave Dunnellon, FL 34431

Estimated Value: $164,000 - $197,000

2 Beds
2 Baths
1,142 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $188,000 $165 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,140/month

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Tennis Courts
  • Sun or Florida Room
  • No HOA
  • 1 Car Attached Garage

About This Home

As of January 2024

Lovely 2/2/1 villa located in Rainbow Lake Estates near Rainbow Springs. This home boasts a 2020 roof, 2019 HVAC, 2023 hot water tank & survey. Newer LVP flooring, paint, & no carpet! Updated walk in shower in Master Bath. Xfinity internet. 2 sets of sliding doors lead to the screened lanai from the master bedroom & great room. Updated flooring in both bathrooms & Garage has a pull down attic for storage. Rainbow Lake Estates has 3 lakes, racquet ball courts, tennis courts, a library, baseball fields and NO HOA! Shopping, Medical, & Restaurants are only minutes away ! This home is move in ready!

Last Agent to Sell the Property

LouAnn Papp

1ST CLASS REAL EST PREMIER GRP Brokerage Phone: 470-509-3301 License #3490989 Listed on: 11/20/2023

1ST CLASS REAL EST PREMIER GRP

Last Buyer's Agent

Francis Flores

GLOBAL PROPERTIES REALTY & INV License #3485354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1987

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • West Facing Home
  • Property is zoned R2

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,142 Sq Ft Home
  • Sliding Doors
  • Sun or Florida Room
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Rainbow Acres Add 02 Subdivision

Recreation

  • Tennis Courts
  • Racquetball

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

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: 1142
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1540
  • Lot Size Sq Ft: 6098
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 143.07
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 164.62
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 470-509-3301
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Primary Bedroom Main Floor, Solid Surface Counters
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 106.10

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0465D

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Racquetball, Tennis Court(s)
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Rainbow Lakes Estates

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: R2
  • Parcel Number: 1760-002-117
  • Additional Parcels: No
  • Lot Dimensions: 60 X 100
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1290
  • Tax Block: 1
  • Tax Book Number: H-070RAINBOW
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Jan 3, 2024
Sold by
Wagner Melissa
Bought by
Narvaez Ricardo A Barreiro and Flores Francis Zulay
Seller's Agent
LouAnn Papp
UNLOCK REALTY GROUP INC
Buyer's Agent
Francis Flores
GLOBAL PROPERTIES REALTY & INV
List Price
$194,900
Sold Price
$188,000
Premium/Discount to List
-$6,900
-3.54%
Views
34
Current Estimated Value
$181,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,754
Avg. Annual Appreciation
-1.92%
Original Mortgage
$150,400
Outstanding Balance
$147,933
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$33,313

Purchase Details

Closed on
Sep 7, 2021
Sold by
Nicholes Barbara Ann
Bought by
Nicholes Barbara Ann and Wagner Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2021
Sold by
Martin Susan
Bought by
Nicholes Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 5, 2016
Sold by
Mcm Capital Partners Llc
Bought by
Martin Susan
Seller's Agent
MELISSA MILLER
ALTA REALTY COMPANY LLC
Buyer's Agent
NON MLS
NON MLS
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Cintron Lysandra M and Cintron Rene
Bought by
Venture Trust 2013-I H R

Purchase Details

Closed on
Feb 9, 2005
Sold by
Gruhne Gerhard A
Bought by
Cintron Rene and Cintron Lysandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Narvaez Ricardo A Barreiro $188,000 Electric Title
Narvaez Ricardo A Barreiro $188,000 Electric Title
Nicholes Barbara Ann -- Attorney
Nicholes Barbara Ann $128,000 Clear Choice Title Inc
Martin Susan $42,000 None Available
Venture Trust 2013-I H R $38,200 None Available
Cintron Rene $70,000 Stewart Title Of Pinellas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narvaez Ricardo A Barreiro $150,400
Closed Narvaez Ricardo A Barreiro $150,400
Previous Owner Nicholes Barbara Ann $96,000
Previous Owner Cintron Rene $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $188,000 +347.6% $165 / Sq Ft
12/17/2023 12/17/23 Off Market $42,000 -- --
11/27/2023 11/27/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $194,900 +364.0% $171 / Sq Ft
10/06/2016 10/06/16 Sold $42,000 -15.8% $37 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $49,900 -- $44 / 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
2024 $2,228 $123,220 $3,625 $119,595
2023 $1,261 $105,654 $0 $0
2022 $1,290 $102,577 $4,700 $97,877
2021 $761 $58,337 $0 $0
2020 $760 $57,532 $0 $0
2019 $756 $56,239 $0 $0
2018 $728 $55,190 $0 $0
2017 $722 $54,055 $2,000 $52,055
2016 $1,126 $52,033 $0 $0
2015 $1,067 $47,978 $0 $0
2014 $1,156 $56,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM668320

Stellar MLS

APN: 1760-002-117