NOT LISTED FOR SALE

Estimated Value: $233,000 - $237,000

0.25 Acre
$940,940 Price per Acre
10,890 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $13,900

Est. 1,592% increase in value since last sale

Current estimated payment $1,362/month

About This Lot

As of November 2023

.25 acre building lot in fast growing Rainbow Park, not too many trees, good elevation, level. No mobile homes, no HOA, zoned for houses build on site.

Last Agent to Sell the Property

Ronald Hills

CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #0410134 Listed on: 10/16/2023

Last Buyer's Agent

Angela Rushing

BRICKS & MORTAR REAL ESTATE License #3409242

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $226

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x135
  • Property fronts a county road
  • Dirt Road
  • North Facing Home
  • Level Lot
  • Property is zoned R1

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Rainbow Park Un 03 Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 127
  • Assessor Parcel Number 2002-077-011

Property Details

Property Type

Land

Est. Annual Taxes

$226

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Number Of Lots: 1
  • Directions to Property: HWY 40 west out of Ocala past SW 140 th Ave. , right turn on SW 148 th Ct, ( divided paved entrance into Rainbow Park ), slight right turn on SW 150th Ct., right turn on SW 27 th Street ( not SW 27th Lance ). Lot on the right sign on a tree. Picture folder has maps that might help you find the lot.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: OCALA
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SW 8TH ST # C
  • Escrow Street Number: 200
  • List Office Head Office Key Nume: 529619035
  • RATIO Current Price By Calculate: 1.28
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: Lot 11

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Dirt
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 55600

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 2002-077-011
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, In County, Level
  • Lot Dimensions: 80x135
  • Flood Zone Code: x
  • Lot Size Square Meters: 1012
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential,Vacant

Tax Info

  • Tax Annual Amount: 226.42
  • Tax Block: 127
  • Tax Book Number: G-009
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Ocala Ridge Llc
Bought by
Reynolds Joe Lee and Reynolds Joseph Lee
Total Days on Market
0
Current Estimated Value
$235,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,755
Outstanding Balance
$242,755
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$7,520

Purchase Details

Closed on
Sep 24, 2024
Sold by
Jason Rector Homes Llc
Bought by
Ocala Ridge Llc

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 2, 2023
Sold by
Hills Land Trust Inc
Bought by
Jason Rector Homes Llc
Seller's Agent
Ronald Hills
CRYSTAL SNOOK REAL ESTATE
Buyer's Agent
Angela Rushing
BRICKS & MORTAR REAL ESTATE
List Price
$13,900
Sold Price
$13,900
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
492.43%

Purchase Details

Listed on
Oct 16, 2023
Closed on
Oct 6, 2023
Sold by
Johnson Beulah
Bought by
Hills Land Trust Inc
Seller's Agent
Ronald Hills
CRYSTAL SNOOK REAL ESTATE
Buyer's Agent
Angela Rushing
BRICKS & MORTAR REAL ESTATE
List Price
$13,900
Sold Price
$13,900
Views
9

Purchase Details

Closed on
Sep 21, 2006
Sold by
Jocalbro Inc
Bought by
Johnson Beulah

Purchase Details

Closed on
Sep 30, 2004
Sold by
Crozier John G and Crozier Carol L
Bought by
Jocalbro Inc
Source: Public Records

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Range of Values:

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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
Reynolds Joe Lee $235,000 First American Title Insurance
Ocala Ridge Llc $100 None Listed On Document
Jason Rector Homes Llc $13,900 Top Quality Title Llc
Hills Land Trust Inc $8,500 Stewart Title Company
Johnson Beulah $9,500 First American Title Ins Co
Jocalbro Inc $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Joe Lee $242,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $13,900 0.0% --
10/17/2023 10/17/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $13,900 -- --
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
2023 $504 $2,928 $0 $0
2022 $226 $2,662 $0 $0
2021 $213 $3,570 $3,570 $0
2020 $202 $2,200 $2,200 $0
2019 $202 $2,200 $2,200 $0
2018 $206 $2,600 $2,600 $0
2017 $205 $2,800 $2,800 $0
2016 $204 $1,997 $0 $0
2015 $208 $1,815 $0 $0
2014 $194 $1,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM666387

Stellar MLS

APN: 2002-077-011