NOT LISTED FOR SALE

Estimated Value: $53,009 - $106,000

1.52 Acres
$48,357 Price per Acre
66,211 Sq Ft Lot

Last Sold December 06, 2022

Last sale price $48,000

Est. 53% increase in value since last sale

Current estimated payment $475/month

1 Day on Market

Highlights

  • Community Beach Access
  • Fitness Center
  • Community Pool
  • River Access
  • 1.52 Acre Lot
  • Tennis Courts

About This Lot

As of December 2022

One of the largest lots currently available for sale in the Rainbow Springs subdivision, this property will be perfect for your new home build. Enjoy the peace and quiet found in the area, with the convenience of shopping and groceries nearby. Amenities for the association include private access to the Rainbow River with private beach, tennis courts, community pool, pickleball and more. Feel free to stop by and see this property and all it has to offer.

Last Agent to Sell the Property

Christian Bland

OCALA REALTY WORLD LLC License #3317709 Listed on: 10/24/2022

OCALA REALTY WORLD LLC

Last Buyer's Agent

Christian Bland

OCALA REALTY WORLD LLC License #3317709 Listed on: 10/24/2022

OCALA REALTY WORLD LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 242x273
  • Property is zoned A1

HOA Fees

  • $19 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 24 / 9
  • Assessor Parcel Number 3291-009-024

Community Details

Overview

  • Rspoa Jim Wilcox Association, Phone Number (352) 489-1621
  • Rainbow Spgs Subdivision
  • Leased Association Recreation
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$255

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.52
  • Lot Size Sq Ft: 66211
  • Directions to Property: From Dunnellon go North on 41. Turn left onto SW 88th Place Road. Turn right onto SW 211th Circle to the lot on the right.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.72
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: River
  • Water View Y N: No
  • Front Footage: 382
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None, Septic Needed
  • Water Source: None, Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Beach Area, Deed Restrictions, Fitness, Golf Carts OK, Pool, Special Community Restrictions, Tennis Courts, Water Access
  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Name: RSPOA Jim Wilcox
  • Phone: 352-489-1621
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 230
  • Monthly HOA Fee: 19.17
  • Total Monthly Fees: 19.17

Lot Info

  • Zoning: A1
  • Parcel Number: 3291-009-024
  • Additional Parcels: No
  • Lot Dimensions: 242x273
  • Price Per Acre: 31579
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 254.79
  • Tax Block: 9
  • Tax Book Number: P-010
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Dec 6, 2022
Sold by
Pazos Luciano and Pazos Maritza
Bought by
Caton John and Caton Teresa
Seller's Agent
Christian Bland
OCALA REALTY WORLD LLC
Buyer's Agent
Christian Bland
OCALA REALTY WORLD LLC
List Price
$48,000
Sold Price
$48,000
Current Estimated Value
$73,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,502
Avg. Annual Appreciation
14.45%

Purchase Details

Closed on
Jun 22, 2021
Sold by
Mellen Gary G
Bought by
Pazos Luciano and Pazos Maritza

Purchase Details

Closed on
Feb 6, 2010
Sold by
Spencer Jeffrey A and Spencer Andrea M
Bought by
Mellen Gary G

Purchase Details

Closed on
Oct 4, 2006
Sold by
Kruger Jeffrey A and Kruger Lisa D
Bought by
Spencer Jeffrey A and Spencer Andrea M
Source: Public Records

Range of Values:

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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
Caton John $48,000 First American Title
Pazos Luciano $35,000 Equitable Title Of Ocala Llc
Mellen Gary G $25,000 Attorney
Spencer Jeffrey A $59,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caton John David $300,000
Previous Owner Nivens Kenneth Anthony $12,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $48,000 0.0% --
10/26/2022 10/26/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $48,000 -- --
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 $595 $36,600 $36,600 $0
2022 $355 $21,250 $21,250 $0
2021 $255 $14,500 $14,500 $0
2020 $250 $15,300 $15,300 $0
2019 $217 $11,900 $11,900 $0
2018 $203 $12,500 $12,500 $0
2017 $191 $11,900 $11,900 $0
2016 $162 $8,900 $0 $0
2015 $187 $10,200 $0 $0
2014 $175 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM647902

Stellar MLS

APN: 3291-009-024