NOT LISTED FOR SALE

7550 SW 185th Cir Dunnellon, FL 34432

Estimated Value: $462,000 - $725,000

4 Beds
3 Baths
3,515 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $470,000 $134 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,768/month

132 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.03 Acre Lot
  • Room in yard for a pool
  • Updated Kitchen
  • Open Floorplan
  • Wooded Lot

About This Home

As of April 2023

Beautiful 4 bedroom 3 bath home beautifully updated with oversized two car garage and screened in patio, nestled on a 1.03 acre lot located near Rainbow Springs State Park. Enormous front and back yard with plenty of room to add a pool. Featuring an open floor plan with stainless steel appliances, quartz countertops, ceramic tile in both bathrooms, upgraded plumbing and fixtures throughout. The master has two walk in closets and master bath complete with oversized walk in dual head shower and separate jacuzzi tub. Brand new shingle roof replaced in July 2022; both the hot water heater and well maintained AC units are newer. Property located with easy access to Ocala, Gainesville, Crystal River, Inverness, Orlando, and Tampa. Close to shopping, dining, hospitals, Drs., fishing, hunting, and golf. Rainbow Springs is known for hiking, swimming, snorkeling, canoeing, kayaking and more.

Last Agent to Sell the Property

Nancy Little-Lewis

Compass Homes and Land LLC License #3106710 Listed on: 11/16/2022

Compass Homes and Land LLC

Last Buyer's Agent

Florida Licensed Broker-Agent

Florida Licensed Brokers/Agents

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 2002

Lot Details

  • 1.03 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Chain Link Fence
  • Wooded Lot
  • Property is zoned A1,Out of County

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,515 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Updated Kitchen
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Rainbow Springs Association
  • Rainbow Springs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

Built in 2002

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From US Highway 41 turn East on Highway 40. Turn right on SW 185th Avenue. Turn right on SW 77th Place. Turn right on 185th Circle.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.03
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: Rainbow Springs
  • Year Built: 2002
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Bathtub, Jetted Tub, Master Suite, Open Floorplan, Pantry, Stone Counters, Separate Shower, Tub Shower, Updated Kitchen
  • Living Area: 3515.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway, Room For Pool
  • Fencing: Chain Link, Partial
  • Foundation Details: Block, Slab
  • Lot Features: Wooded
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Parking Lot, Private
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 230.0
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Springs
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, See Remarks

Lot Info

  • Zoning: A1,Out of County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3364.07
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Apr 27, 2023
Sold by
Brady Madison Properties Llc
Bought by
J P Trust
Seller's Agent
Nancy Little-Lewis
Compass Homes and Land LLC
Buyer's Agent
Florida Licensed Broker-Agent
Florida Licensed Brokers/Agents
List Price
$529,000
Sold Price
$470,000
Premium/Discount to List
-$59,000
-11.15%
Current Estimated Value
$582,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,366
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Jun 24, 2022
Sold by
Luis Herrero James
Bought by
Brady Madison Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 9, 2018
Sold by
Herrero James Luis and Struble Christina J
Bought by
Herrero James Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 7, 2013
Sold by
Kirby Newton Louis and Kirby Patricia Erskine
Bought by
Herrero James Luis and Struble Christina J
Seller's Agent
Reilly Moore Team
COLDWELL BANKER RIVERLAND RLTY
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$191,468
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2001
Sold by
Scanlon William E and Scanlon Myang S
Bought by
Kirby Newton Louis and Kirby Patricia Erskine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J P Trust $470,000 Title Usa
Brady Madison Properties Llc $280,000 New Title Company Name
Herrero James Luis -- Carrington Title Svcs Llc
Herrero James Luis $195,000 Attorney
Kirby Newton Louis $14,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Madison Properties Llc $306,000
Previous Owner Herrero James Luis $202,250
Previous Owner Herrero James Luis $191,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $470,000 -11.2% $134 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $529,000 +171.3% $150 / Sq Ft
03/07/2022 03/07/22 Off Market $195,000 -- --
08/09/2013 08/09/13 Sold $195,000 -4.9% $56 / Sq Ft View Prior Sale
07/09/2013 07/09/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $205,000 -- $59 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $8,182 $504,020 $48,000 $456,020
2023 $8,182 $495,755 $41,500 $454,255
2022 $3,504 $241,768 $0 $0
2021 $3,505 $234,726 $0 $0
2020 $3,478 $231,485 $0 $0
2019 $3,428 $226,281 $0 $0
2018 $3,247 $222,062 $0 $0
2017 $3,188 $217,495 $0 $0
2016 $3,140 $213,022 $0 $0
2015 $3,164 $211,541 $0 $0
2014 $3,519 $205,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Little-Lewis

    Seller's Agent in 2023

    Nancy Little-Lewis

    Compass Homes and Land LLC

    (352) 302-6082

    1 in this area

    104 Total Sales

    Nancy Little-Lewis
    Section Image

  • F

    Buyer's Agent in 2023

    Florida Licensed Broker-Agent

    Florida Licensed Brokers/Agents

  • Reilly Moore Team

    Seller's Agent in 2013

    Reilly Moore Team

    COLDWELL BANKER RIVERLAND RLTY

    (352) 362-2303

    94 in this area

    258 Total Sales

    Reilly Moore Team
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 819210

REALTORS® Association of Citrus County

APN: 3291-119-004

Florida Marion County Dunnellon 34432

7550 SW 185th Cir, Dunnellon, FL

Not Listed for Sale

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