Seller's Agent in 2025
Angela Rose
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 302-9738
22 in this area
167 Total Sales
TBD SW 108th Place Unit Lot 26 Dunnellon, FL 34432
Rainbow Springs Neighborhood
0.38
Acre
$394,737
Price per Acre
16,553
Sq Ft Lot
Highlights
- 20 Feet of Canal Waterfront
- Water Views
- Recreation Facilities
- Community Beach Access
- Boat Ramp
- Cul-De-Sac
About This Lot
As of March 2025Rainbow River waterfront Rio Vista lots. Welcome to a rare gem in the heart of Florida! Presenting two impeccably cleared lots, each priced at $189,000, in the tranquil confines of the esteemed Rio Vista neighborhood. These waterfront properties boast direct access to a small canal leading to the breathtakingly crystal-clear Rainbow River, a haven for nature enthusiasts. Immerse yourself in the serene ambiance of this quiet, conservative community, a well-kept secret cherished by residents. The private park, exclusively available to Rio Vista homeowners, offers an array of amenities including a well-maintained boat ramp, inviting pavilions and pristine restrooms. This immaculate park serves as the gateway for water activities such as kayaking, paddleboarding, canoeing, fishing, scuba diving and snorkeling, all from your private retreat. The voluntary homeowner’s association, with a one-time fee of $600, ensures the park and its facilities remain in top-notch condition. Each lot, zoned R-1 Marion County, provides a charming setting for your dream home, surrounded by natural beauty and recreational opportunities unique to the Rainbow River area. Don’t miss this extraordinary opportunity to own a slice of paradise in the Rio Vista community. Experience the enchanting lifestyle and vibrant water adventures that await you at this exceptional location.
Last Agent to Sell the Property
PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0633898 Listed on: 10/28/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $243
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 109x256
- 20 Feet of Canal Waterfront
- River Front
- Property fronts a freshwater canal
- Cul-De-Sac
- Southwest Facing Home
- Property is zoned R1
HOA Fees
- $4 Monthly HOA Fees
Additional Features
- Water Views
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 26 / A
- Assessor Parcel Number 3483-001-026
Community Details
Overview
- Rio Vista Subdivision
- The community has rules related to allowable golf cart usage in the community
Recreation
- Community Beach Access
- Recreation Facilities
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Mar 21, 2025
Sold by
Elkhateeb Amelia
Bought by
Ermscher Todd I
Seller's Agent
Angela Rose
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Craig Heron
SELLSTATE NEXT GENERATION REAL
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1126.83%
Original Mortgage
$107,500
Outstanding Balance
$107,500
Interest Rate
6.87%
Mortgage Type
Balloon
Estimated Equity
$159,500
Purchase Details
Closed on
Jan 8, 2014
Sold by
Elkhateeb Ali
Bought by
Elkhateeb Amelia
Purchase Details
Closed on
Jan 31, 2012
Sold by
Godin Garret P
Bought by
Elkhateeb Ali
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | First American Title Insurance | |
| Warranty Deed | $300,000 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $24,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,500 | Balloon | |
| Closed | $107,500 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $150,000 | -16.2% | -- |
| 03/17/2025 03/17/25 | Pending | -- | -- | -- |
| 02/19/2025 02/19/25 | Price Changed | $179,000 | -5.3% | -- |
| 02/07/2025 02/07/25 | For Sale | $189,000 | 0.0% | -- |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | For Sale | $189,000 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $210 | $10,226 | $10,226 | $0 |
| 2022 | $178 | $10,226 | $10,226 | $0 |
| 2021 | $179 | $9,964 | $9,964 | $0 |
| 2020 | $181 | $9,964 | $9,964 | $0 |
| 2019 | $175 | $9,964 | $9,964 | $0 |
| 2018 | $150 | $8,390 | $8,390 | $0 |
| 2017 | $151 | $8,390 | $8,390 | $0 |
| 2016 | $153 | $8,390 | $0 | $0 |
| 2015 | $146 | $7,866 | $0 | $0 |
| 2014 | $140 | $7,866 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Rose
-
Craig Heron
Buyer's Agent in 2025
Craig Heron
SELLSTATE NEXT GENERATION REAL
(352) 572-6803
7 in this area
85 Total Sales
Map
Source: Stellar MLS
MLS Number: OM688234
APN: 3483-001-026
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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