NOT LISTED FOR SALE

8955 SW 196th Terrace Rd Dunnellon, FL 34432

Rainbow Springs Neighborhood

Estimated Value: $396,628 - $469,000

3 Beds
2.5 Baths
2,390 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $283,000 $118 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,829/month

42 Days on Market

Highlights

  • On Golf Course
  • Solar Heated In Ground Pool
  • Home fronts a canal
  • Boat Ramp
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of September 2023

NEW ROOF! BACK ON THE MARKET, CASH BUYER COULD NOT CLOSE. Welcome to this unique three-bedroom, three-bathroom Pool home nestled within the picturesque surroundings of a forgotten golf course. Situated on a sprawling plot, this property offers immense potential to revive and rejuvenate the once-thriving greens and fairways, transforming it into a recreational paradise once again.
As you enter the home, you are greeted by a spacious and inviting living area, perfect for entertaining friends and family. Large windows and sky lights fill the space with natural light, offering panoramic views of the once thriving golf course, creating a sense of tranquility and serenity.
The kitchen, adorned with cabinets and countertops, provides ample space for culinary endeavors, and leads seamlessly into the dining and living areas. Enjoy meals with loved ones while enjoying the captivating vistas of the abandoned greens, envisioning the future possibilities that lie ahead.
The master bedroom is a private oasis, featuring a generous layout and an en-suite bathroom. Imagine indulging in the comforts of a well-appointed bathroom, creating an intimate and serene retreat.
Two additional bedrooms offer flexibility for guests, a home office, or a hobby room, ensuring everyone has their own space within this charming abode. A second bathroom conveniently serves these rooms, providing all the necessary amenities. While the third ½ bath offers guests privacy.
Located in a peaceful and secluded neighborhood, this home offers the perfect balance of tranquility and accessibility. Embrace the opportunity to create your own slice of paradise while being just a short drive away from amenities, shopping centers, and schools.

Last Agent to Sell the Property

Christopher Smith

Southern Realty Associates License #3556145 Listed on: 08/09/2023

Last Buyer's Agent

Christopher Smith

Southern Realty Associates License #3556145 Listed on: 08/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Home fronts a canal
  • Property fronts a county road
  • On Golf Course
  • Property is zoned R1

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Blinds
  • Double Door Entry
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Shower Only
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Water Heater

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa
  • Pool Cover
  • Screen Enclosure

Outdoor Features

  • Canal Access
  • Boat Ramp

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Well
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include pool(s), recreation facilities
  • Rainbow Springs Poa, Phone Number (352) 489-1621
  • Rainbow Springs Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,645

Year Built

Built in 1992

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: from SR 41 turn east on SW 88th Place Rd right on SW 198th Ct left on SW 196th Terrace Rd. home is on the right.
  • Water Frontage Type: Canal
  • Garage Yn: Yes
  • Efficiency: Water Heater
  • Unit Levels: One
  • Lot Size Acres: 0.45
  • 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: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Propane Appliances, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Water Heater, Washer, Solar Hot Water
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Furnished, Fireplace, Garden Tub/Roman Tub, High Ceilings, Laminate Counters, Master Suite, Shower Only, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s), Programmable Thermostat
  • Living Area: 2390.0
  • Spa Features: In Ground
  • Private Spa: Yes
  • Window Features: Blinds, Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Disclosures: Home Warranty
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Home Warranty: Yes
  • Lot Features: On Golf Course
  • Pool Features: Heated, In Ground, Pool Cover, Pool, Screen Enclosure, Solar Heat, Community
  • Roof: Asphalt, Shingle
  • Waterfront Features: Boat Ramp/Lift Access, Canal Access, Water Access
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 236.0
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Springs POA
  • Phone: 3524891621
  • Association: Yes
  • Community Features: Clubhouse

Fee Information

  • Association Fee Includes: Pool(s), Recreation Facilities

Lot Info

  • Additional Parcels: No
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2644.68
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Tyler Allen Enterprises Llc
Bought by
Russo John A and Doherty Doreen S
Current Estimated Value
$418,907

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 27, 2023
Sold by
Sellers Glenn Eugene and Sellers Carolyn Huskey
Bought by
Tyler Allen Enterprises Llc
Seller's Agent
Christopher Smith
Southern Realty Associates
Buyer's Agent
Christopher Smith
Southern Realty Associates
List Price
$350,000
Sold Price
$283,000
Premium/Discount to List
-$67,000
-19.14%
Views
197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 21, 2018
Sold by
Doser & Dawicki Rentals Llc
Bought by
Sellers Glenn Eugene and Sellers Carolyn Huskey
Seller's Agent
Ann-Marie Bortz
THE KEYES COMPANY
Buyer's Agent
Kenneth Hoffman
SOUTHERN CHARM REALTY OF CF
List Price
$209,800
Sold Price
$205,000
Premium/Discount to List
-$4,800
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$211,765
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 2016
Sold by
Doser Nancy Lou
Bought by
Doser & Dawicki Rentals Llc

Purchase Details

Closed on
Sep 25, 2013
Sold by
Doser Nancy Lou
Bought by
Doser Nancy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 15, 2012
Sold by
Doser Nancy Lou
Bought by
Doser Nancy Lou

Purchase Details

Closed on
May 5, 2007
Sold by
Mason Dorothy Joan and Rondeau Marilyn E
Bought by
Doser Nancy Lou
Source: Public Records

Range of Values:

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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
Russo John A $372,000 None Listed On Document
Tyler Allen Enterprises Llc $283,000 Upward Title & Closing Agency
Sellers Glenn Eugene $205,000 First International Title In
Doser & Dawicki Rentals Llc -- Attorney
Doser Nancy Lou -- Attorney
Doser Nancy Lou -- Attorney
Doser Nancy Lou -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sellers Glenn Eugene $50,000
Previous Owner Sellers Glenn Eugene $211,765
Previous Owner Doser Nancy Lou $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $283,000 -19.1% $118 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $350,000 0.0% $146 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $350,000 +70.7% $146 / Sq Ft
05/21/2018 05/21/18 Sold $205,000 -2.3% $86 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $209,800 -- $88 / 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 $6,530 $398,338 $33,000 $365,338
2023 $2,720 $193,166 $0 $0
2022 $2,645 $187,540 $0 $0
2021 $2,641 $182,078 $0 $0
2020 $2,620 $179,564 $0 $0
2019 $2,580 $175,527 $13,000 $162,527
2018 $2,942 $164,476 $9,000 $155,476
2017 $2,876 $159,885 $8,000 $151,885
2016 $2,783 $153,268 $0 $0
2015 $2,205 $154,008 $0 $0
2014 $2,075 $152,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Smith

    Seller's Agent in 2023

    Christopher Smith

    Southern Realty Associates

    (352) 613-4420

    1 in this area

    31 Total Sales

    Christopher Smith
    Section Image
  • Ann-Marie Bortz

    Seller's Agent in 2018

    Ann-Marie Bortz

    THE KEYES COMPANY

    (352) 602-3713

    9 in this area

    44 Total Sales

    Ann-Marie Bortz
    Section Image
  • Kenneth Hoffman

    Buyer's Agent in 2018

    Kenneth Hoffman

    SOUTHERN CHARM REALTY OF CF

    (561) 596-9283

    206 Total Sales

    Kenneth Hoffman
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 826070

REALTORS® Association of Citrus County

APN: 3296-006-045

Florida Marion County Dunnellon 34432 Rainbow Springs

8955 SW 196th Terrace Rd, Dunnellon, FL

This home is located at 8955 SW 196th Terrace Rd, Dunnellon, FL 34432 since 09 August 2023 and is currently estimated at $418,907, approximately $175 per square foot. This property was built in 1992. 8955 SW 196th Terrace Rd is a home located in Marion County with nearby schools including Dunnellon Elementary School, Dunnellon Middle School, and Dunnellon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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