NOT LISTED FOR SALE

Estimated Value: $445,000 - $603,000

4 Beds
2 Baths
2,800 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $432,500 $154 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,381/month

42 Days on Market

Highlights

  • River Access
  • Fishing
  • Open Floorplan
  • Fitness Center
  • 1.07 Acre Lot
  • Clubhouse

About This Home

As of February 2023

THIS IS THE ONE FOR YOU! Located in the beautiful Forest community of Rainbow Springs, this stunning 4 bed 2 bath home sits on just over an acre of land. Providing an immense amount of space, this is the perfect spot for you and your loved ones! Before entering the home, you step into the meticulously crafted gated entryway featuring stunning crown molding. As you walk inside you enter to the large foyer, where you have the formal dining room to one side and an office to the other. The kitchen features stainless steel appliances, granite countertops, eat-in area, and overlooks the living room and the converted atrium. The atrium has central air/heat coverage, tiled floors to match the interior, ceiling fans and leads to the additional screened in patio, perfect for your grilling needs or additional entertaining space. The oversized yard comes with an extra long driveway big enough to sit 6+ vehicles, fenced in the backyard and a bonus shed that is equipped with electricity! No need to stress about replacing the roof, the seller has taken care of that for you and is fully replacing it! The very well-maintained home comes in move-in ready condition! Enjoy the private amenities only for the residents of Rainbow Springs, featuring access to the community center with a pool, billiards & card rooms, restaurant/bar, full gym, frisbee golf, tennis courts, Bache ball, pickleball & horseshoes. Take a hike on the beautiful nature trial where you can access the private park & beach, right next to the Rainbow River. You’re right next to the community of Julia Falls that has a public golf course that all Rainbow Springs owners can use. Minutes away from downtown Dunnellon where you have all the local shops, restaurants, festivals during the holidays and more! Make this your home today and send us an offer!

Last Agent to Sell the Property

Sara Holcomb

MARK SPAIN REAL ESTATE License #3529656 Listed on: 10/24/2022

MARK SPAIN REAL ESTATE

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 2009

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 150x310
  • Near Conservation Area
  • East Facing Home
  • Chain Link Fence
  • Oversized Lot

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, pool maintenance, recreational facilities
  • Rainbow Springs Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Springs Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,845

Year Built

Built in 2009

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2800
  • Lot Size Acres: 1.07
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 3494
  • Lot Size Sq Ft: 46609
  • Directions to Property: From I 75 West on SR 40, left on 185 Ave Rd., L on 68 Lp., R on 182 Ct. House on Right
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6067542?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6067542?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97191
  • Price per Sq Ft: 154.46
  • Close to Original List Price Ratio: 0.865
  • Ratio: Current Price\Building Area Total: 123.78
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7144
  • Room Count: 3
  • Additional Rooms: Den/Library/Office, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s), Storage
  • Pool Features: Other
  • Exterior Features: French Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Rainbow River
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water Access: River
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Park, Pool, Racquetball, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Fitness Center, Pickleball Court(s), Pool, Racquetball, Tennis Court(s), Trail(s)
  • Association Fee: 26
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Springs
  • Phone: 352-489-1621
  • Association: Yes
  • Senior Community: No
  • Association Website: https://rspoa.nabrnetwork.com/
  • Association Email: rspoacam@villagesservices.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 312
  • Monthly HOA Fee: 26
  • Total Monthly Fees: 26

Schools

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

Lot Info

  • Zoning: R-1
  • Parcel Number: 3291-127-047
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Conservation Area, Near Golf Course, Oversized Lot
  • Lot Dimensions: 150x310
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Buyer to verify Approval Process
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify Lease restrictions

Tax Info

  • Tax Annual Amount: 2845.29
  • Tax Block: 127
  • Tax Book Number: 010
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 10, 2023
Sold by
Gregory Todd O
Bought by
Muniz Edwin
Seller's Agent
Sara Holcomb
MARK SPAIN REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$449,000
Sold Price
$432,500
Premium/Discount to List
-$16,500
-3.67%
Views
34
Current Estimated Value
$531,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,975
Avg. Annual Appreciation
7.04%
Original Mortgage
$442,447
Outstanding Balance
$422,369
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$94,182

Purchase Details

Listed on
Jul 9, 2013
Closed on
Dec 11, 2013
Sold by
Hendrix Billy J and Hendrix Brandy
Bought by
Gregory Todd O and Comanse Robert M
Buyer's Agent
Kevin Lyons
RE/MAX FOXFIRE - HWY200/103 S
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Mar 1, 2010
Sold by
R & R Builders Llc
Bought by
Hendrix Billy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2007
Sold by
Rothschild Ronald and Rothschild Carolyn
Bought by
R & R Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
9.25%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 8, 2005
Sold by
Short Larry E and Short Judith E
Bought by
Rothschild Ronald and Rothschild Carolyn

Purchase Details

Closed on
May 16, 2003
Sold by
Bhagoutie Goolpersad
Bought by
Short Larry E and Short Judith E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Muniz Edwin $432,500 Truly Title
Gregory Todd O $199,900 All American Land Title Insu
Hendrix Billy J $190,000 Ocala Land Title Insurance A
R & R Builders Llc $76,000 Tropical Land Title Insuranc
Rothschild Ronald $65,000 First American Title Insuran
Short Larry E $10,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz Edwin $442,447
Previous Owner Comanse Robert M $65,000
Previous Owner Hendrix Billy J $186,558
Previous Owner R & R Builders Llc $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $432,500 -2.8% $154 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $445,000 -0.9% $159 / Sq Ft
11/19/2022 11/19/22 For Sale $449,000 0.0% $160 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $449,000 -4.4% $160 / Sq Ft
10/29/2022 10/29/22 Price Changed $469,900 -6.0% $168 / Sq Ft
10/24/2022 10/24/22 For Sale $500,000 +150.1% $179 / Sq Ft
03/07/2022 03/07/22 Off Market $199,900 -- --
12/11/2013 12/11/13 Sold $199,900 0.0% $86 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $199,900 -- $86 / 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 $6,573 $401,144 $48,000 $353,144
2023 $2,927 $206,349 $0 $0
2022 $2,848 $200,339 $0 $0
2021 $2,845 $194,504 $0 $0
2020 $2,822 $191,819 $0 $0
2019 $2,780 $187,506 $0 $0
2018 $2,635 $184,010 $0 $0
2017 $2,586 $180,225 $0 $0
2016 $2,543 $176,518 $0 $0
2015 $2,560 $175,291 $0 $0
2014 $2,217 $161,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6067542

Stellar MLS

APN: 3291-127-047