NOT LISTED FOR SALE

8975 SW 196th Terrace Rd Dunnellon, FL 34432

Estimated Value: $278,000 - $350,000

2 Beds
2 Baths
1,870 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $275,000 $147 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,006/month

160 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Open Floorplan
  • Water Access
  • Fishing
  • Clubhouse

About This Home

As of February 2024

NEW ARCHITECTURAL SHINGLE ROOF INSTALLED!!!Beautiful updated move in condition home in Rainbow Springs Country Club Estates on almost half an acre. Major renovation in 2023 features beautiful new engineered hardwood floors throughout the entire home including bathrooms, five inch baseboard, fresh paint inside and out, updated kitchen and updated bathrooms, brand new stainless steel appliances, new fans, LED lighting, new AC in 2019, washer/dryer hookup only, magnificent gas burning fireplace in the family, Plenty of privacy and open green space for your barbecues and family get togethers on the back deck and lanai. Large master suite comes with his and her vanities and huge walk-in closet.
Rainbow Springs Park is opened to the public and lots of amenities is only minutes away as is the private resident beach access on Rainbow River where residents can go kayaking,and canoeing. Enjoy family cookouts or take a dip in the clear springs with year round temperature 72 degrees. HOA-Community pool,tennis courts,restaurant,walking trails. Minutes to small charm of Dunnellon or enjoy a short drive through the world famous house country New World Esquestrean Center or Ocala. A must see!

Last Agent to Sell the Property

Maria Vosilla

CENTURY 21 TENACE REALTY Brokerage Phone: 954-755-2100 License #699308 Listed on: 07/31/2023

CENTURY 21 TENACE REALTY

Last Buyer's Agent

Debborah Brady

RAINBOW SPRINGS REALTY GROUP License #3458588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • West Facing Home
  • Garden
  • Property is zoned R1

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Deck
  • Screened Patio
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Rspoa.Com./Amy Association, Phone Number (352) 489-1621
  • Rainbow Spgs Country Club Estate Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,491

Year Built

Built in 1986

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 1870
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 1870
  • Lot Size Sq Ft: 20038
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 173.73
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave. Suite 102
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 147.06
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 954-755-2100
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas, Stone
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate
  • Living Area Meters: 173.73

Exterior Features

  • Direction Faces: West
  • Exterior Features: Garden, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Screened
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Boat Ramp, Deed Restrictions, Fishing, Fitness Center, Park, Pool, Restaurant, Tennis Courts, Water Access
  • Association Fee: 236
  • Association Fee Frequency: Annually
  • Association Name: rspoa.com./Amy
  • Phone: 352-489-1621
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Development: Rainbow Lakes Estates

Fee Information

  • Total Annual Fees: 236.00
  • Total Monthly Fees: 19.67
  • Monthly HOA Amount: 19.67

Lot Info

  • Zoning: R1
  • Parcel Number: 3296-006-044
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 100x200
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please contact the HOA with any questions pertainig to leasing, and any other questions you,and your buyers may have about the Rainbow Springsclub Estates Community.

Tax Info

  • Tax Annual Amount: 3491.23
  • Tax Block: F
  • Tax Book Number: S-106
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Feb 13, 2024
Sold by
Vosilla John
Bought by
Shackelford Brent Davis and Shackelford Elizabeth Ericson
Seller's Agent
Maria Vosilla
CENTURY 21 TENACE REALTY
Buyer's Agent
Debborah Brady
RAINBOW SPRINGS REALTY GROUP
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%
Views
157
Current Estimated Value
$310,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,273
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
May 2, 2023
Sold by
Watkins William Russell
Bought by
Vosilla John

Purchase Details

Closed on
Nov 9, 2019
Sold by
Watkins William R
Bought by
Watkins William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.65%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 29, 2016
Sold by
Curtis Robert A
Bought by
Watkins William R
Buyer's Agent
Melanie Nussel
BOOM TOWN REALTY, LLC
List Price
$129,000
Sold Price
$130,000
Premium/Discount to List
$1,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$130,000
Interest Rate
3.46%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2016
Bought by
Watkins William R

Purchase Details

Closed on
Oct 4, 2012
Sold by
Curtis Ross J
Bought by
Curtis Ross J
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
Shackelford Brent Davis $275,000 None Listed On Document
Vosilla John $223,900 --
Watkins William R -- None Available
Watkins William R $130,000 None Available
Watkins William R $100 --
Curtis Ross J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins William R $180,000
Previous Owner Watkins William R $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2024 02/13/24 Sold $275,000 -2.1% $147 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/21/2023 11/21/23 Price Changed $280,900 -8.2% $150 / Sq Ft
11/14/2023 11/14/23 Price Changed $305,900 +3.4% $164 / Sq Ft
10/16/2023 10/16/23 Price Changed $295,900 -1.4% $158 / Sq Ft
10/06/2023 10/06/23 Price Changed $300,000 -4.8% $160 / Sq Ft
09/30/2023 09/30/23 Price Changed $315,000 -3.1% $168 / Sq Ft
09/15/2023 09/15/23 Price Changed $325,000 -3.0% $174 / Sq Ft
08/26/2023 08/26/23 Price Changed $335,000 -1.5% $179 / Sq Ft
08/19/2023 08/19/23 Price Changed $340,000 -2.8% $182 / Sq Ft
07/31/2023 07/31/23 For Sale $349,900 +169.2% $187 / Sq Ft
03/07/2022 03/07/22 Off Market $130,000 -- --
09/29/2016 09/29/16 Sold $130,000 +0.8% $70 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $129,000 -- $69 / 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 $4,293 $255,301 $33,000 $222,301
2023 $3,720 $196,760 $0 $0
2022 $3,491 $178,873 $0 $0
2021 $2,970 $162,612 $13,500 $149,112
2020 $302 $129,289 $0 $0
2019 $1,675 $126,382 $0 $0
2018 $1,590 $124,026 $9,000 $115,026
2017 $2,236 $120,207 $8,000 $112,207
2016 $1,623 $113,328 $0 $0
2015 $1,720 $118,055 $0 $0
2014 $1,626 $117,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6127211

Stellar MLS

APN: 3296-006-044