NOT LISTED FOR SALE

Lot 42 SW Papaya Ln Dunnellon, FL 34431

Rainbow Lakes Estates Neighborhood

Estimated Value: $102,000 - $243,000

0.99 Acre
$165,993 Price per Acre
43,124 Sq Ft Lot

Last Sold August 03, 2022

Last sale price $18,000

Est. 700% increase in value since last sale

Current estimated payment $817/month

25 Days on Market

About This Lot

As of August 2022

Nice building lot in Rainbow Lakes Estates. This .99+/- lot is mostly wooded. Not far from Lake Bonable, Little Lake Bonable, and Tiger Lake. Restricted to site built homes only. Not far from local amenities. Close to Rainbow Springs State Park.

Last Agent to Sell the Property

Tracey Kent Bell

Bell Realty of NWFL LLC License #BK3052524 Listed on: 05/25/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $344

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135'x320'
  • Wooded Lot

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$344

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.99
  • Lot Size: 135'x320'
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Other

Lot Info

  • Lot Features: Wooded
  • Lot Size Sq Ft: 43124.0
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Other
  • High School: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Lopez Juan J Mercado and Lopez Ivelisse Gonzalez
Bought by
Mercado Gonzalez Family Living Trust
Current Estimated Value
$144,000

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 25, 2022
Sold by
Mckenna & Mcgreevy Llc
Bought by
Lopez Juan J Mercado and Perez Lvelisse Gonzalez
Seller's Agent
Tracey Kent Bell
Bell Realty of NWFL LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$19,900
Sold Price
$18,000
Premium/Discount to List
-$1,900
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.98%

Purchase Details

Closed on
Nov 30, 2006
Sold by
Mckenna Oliver
Bought by
Mckenna & Mcgreevy Llc
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
Mercado Gonzalez Family Living Trust $100 None Listed On Document
Lopez Juan J Mercado $18,000 New Title Company Name
Mckenna & Mcgreevy Llc $312,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $18,000 -- --
08/03/2022 08/03/22 Sold $18,000 -9.5% --
06/21/2022 06/21/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $19,900 -- --
Source: Central Panhandle Association of REALTORS®

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 $344 $13,000 $13,000 $0
2022 $193 $5,142 $0 $0
2021 $157 $5,100 $5,100 $0
2020 $147 $4,250 $4,250 $0
2019 $147 $4,200 $4,200 $0
2018 $150 $4,500 $4,500 $0
2017 $143 $4,200 $4,200 $0
2016 $139 $3,751 $0 $0
2015 $136 $3,410 $0 $0
2014 $122 $3,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Kent Bell

    Seller's Agent in 2022

    Tracey Kent Bell

    Bell Realty of NWFL LLC

    (850) 326-7463

    6 in this area

    225 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 727180

Central Panhandle Association of REALTORS®

APN: 1806-002-042

Florida Marion County Dunnellon 34431 Rainbow Lakes Estates

Lot 42 SW Papaya Ln, Dunnellon, FL

This home is located at Lot 42 SW Papaya Ln, Dunnellon, FL 34431 since 25 May 2022 and is currently estimated at $164,333. Lot 42 SW Papaya Ln is a home located in Marion County with nearby schools including Romeo 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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