NOT LISTED FOR SALE

Estimated Value: $536,000 - $1,166,000

1.18 Acres
$702,764 Price per Acre
51,401 Sq Ft Lot

Last Sold June 29, 2022

Last sale price $1,100,000

Est. 25% decrease in value since last sale

Current estimated payment $5,271/month

236 Days on Market

Highlights

  • 75 Feet of Waterfront
  • River View
  • No HOA
  • River Access
  • 1.18 Acre Lot
  • Heating Available

About This Lot

As of June 2022

A once in a lifetime opportunity. Whats in your backyard? Just look at the photos. Your children and grandchildren will have lifetime memories of YOU and YOUR home. Based on a river front footage price, this property is ½ the cost of other river properties, 200 feet of river frontage on one of the widest parts of the river. This is THE most desirable property available on the Rainbow River and the property across the river will never be developed as it is part of The Rainbow River State Park. It is upriver from the KP Hole and the State camp ground tuber input, so you do not have all the tubers going by your home disturbing your peace and quiet 8 to 9 months a year. Multiple large springs nearby, the clearest water on the river. Build your dream home in the tax friendly state of Florida, off the beaten path and away from the urban turmoil. Zoned for a single family home. County building setback: 75 feet from the river's edge, the end of the walls are 75 feet from the river's edge. Building permits would be issued by Marion County, Parcel ID: 34581-001-02, Prime Key: 1822459. There are no homeowners association fees as this property is not part of any association: you are free to enjoy your property without a homeowners association telling you what you can and can not do. Electric is provided by Duke Energy; water supplied via well (already in place) and the water is fantastic; sewer would be via septic tank and drain field; and cable TV and High Speed Internet are available.

Last Agent to Sell the Property

Cliff Glansen

FLATFEE.COM License #0707077 Listed on: 10/25/2021

Last Buyer's Agent

Julie Beck

KELLER WILLIAMS CORNERSTONE RE License #3403501

KELLER WILLIAMS CORNERSTONE RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,167

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 200x250
  • 75 Feet of Waterfront
  • River Front
  • Property is zoned R1

Property Views

  • River Views

Utilities

  • Well
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 34581-001-02

Community Details

Overview

  • No Home Owners Association

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,167

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.18
  • Lot Size Sq Ft: 50530
  • Directions to Property: US Highway 41 North of Dunnellon, turn on SW 99th Place (Winn Dixie) then turn left (north) after Rail Road tracks onto SW 190th Avenue Road, travel 200 yards past the KP Hole.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.88
  • Price per Sq Ft: 21.77
  • Close to Original List Price Ratio: 1.00918
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 9069

Exterior Features

  • Water Body Name: Rainbow River
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water View: River
  • Water Access: River
  • Water View Y N: Yes
  • Front Footage: 200
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0658D
  • Waterfront Frontage: 75
  • Water Frontage Feet River: 75

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Private, Public, Sewer Available, Water Available
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Parcel Number: 34581-001-02
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 200x250
  • Price Per Acre: 932203
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3167
  • Tax Block: -
  • Tax Book Number: -
  • Tax Lot: -

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Sligh John and Sligh Jamie
Bought by
Kistler Leigh
Current Estimated Value
$829,261

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jun 29, 2022
Sold by
Rondolino Family Trust
Bought by
Sligh John and Sligh Jamie
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Julie Beck
KELLER WILLIAMS CORNERSTONE RE
List Price
$1,089,999
Sold Price
$1,100,000
Premium/Discount to List
$10,001
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.33%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Rondolino John
Bought by
Rondolino Family Trust

Purchase Details

Closed on
Mar 18, 2009
Sold by
Rondolino John and Rondolino Mona
Bought by
Rondolino John

Purchase Details

Closed on
Aug 8, 2006
Sold by
Rondolino John
Bought by
Rondolino John and Rondolino Mona

Purchase Details

Closed on
Mar 29, 2000
Sold by
Roberts Terry S
Bought by
Rondolino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,150
Interest Rate
8.29%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kistler Leigh $912,500 Compass Title
Sligh John $1,100,000 Compass Title
Rondolino Family Trust -- None Available
Rondolino John $11,000 None Available
Rondolino John $45,000 None Available
Rondolino John $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rondolino John $150,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $1,100,000 -12.0% --
06/18/2022 06/18/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $1,250,000 +13.6% --
11/21/2021 11/21/21 Price Changed $1,100,000 +0.9% --
10/25/2021 10/25/21 For Sale $1,089,999 -- --
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 $10,504 $670,774 $660,081 $10,693
2023 $5,898 $373,050 $362,421 $10,629
2022 $3,767 $141,328 $0 $0
2021 $3,495 $326,900 $315,681 $11,219
2020 $3,167 $290,322 $278,807 $11,515
2019 $3,116 $290,460 $278,613 $11,847
2018 $1,569 $96,529 $84,351 $12,178
2017 $1,582 $97,041 $84,530 $12,511
2016 $1,740 $100,880 $0 $0
2015 $1,544 $91,709 $0 $0
2014 $1,468 $91,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4515935

Stellar MLS

APN: 34581-001-02