NOT LISTED FOR SALE

Estimated Value: $30,000 - $240,000

0.99 Acre
$115,488 Price per Acre
43,124 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $19,900

Est. 475% increase in value since last sale

Current estimated payment $669/month

2 Days on Market

Highlights

  • Wooded Lot
  • High Speed Internet
  • Heating Available
  • No HOA

About This Lot

As of July 2022

.99 of an acre rectangular lot on a paved road in Rainbow Lakes Estates. Zoned R1 - Site-built homes only. Minutes to beautiful Rainbow Springs State Park and the Rainbow River. A quick commute to downtown Dunnellon for shopping, banking, and restaurants and only about 20 minutes to the World Equestrian Center in Ocala. NOT in a flood zone. Lots of new construction going on in this area.

Last Listed By

Joe Jackson

REMAX/PREMIER REALTY HWY 200 License #3410548 Listed on: 06/13/2022

REMAX/PREMIER REALTY HWY 200

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $157

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135x320
  • Property fronts a county road
  • West Facing Home
  • Wooded Lot
  • Property is zoned R1

Schools

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

Utilities

  • Well Required
  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

  • Legal Lot and Block 31 / 13
  • Assessor Parcel Number 1802-013-031

Property Details

Property Type

Land

Est. Annual Taxes

$157

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.99
  • Lot Size Sq Ft: 43124
  • Directions to Property: Take E Hwy 40 to Right on S US HWY 41 to LEFT on Rainbow Lakes Blvd to Left on SW Azalea CT to Right on SW Great Lakes Blvd to Left on SW Begonia Ct. Look for sign on the LEFT.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.46
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Easements: West Side
  • Water View Y N: No
  • Front Footage: 135
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Telephone Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1802-013-031
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Wooded
  • Lot Dimensions: 135x320
  • Price Per Acre: 20101
  • Flood Zone Code: X
  • Current Adjacent Use: Vacant

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 157.35
  • Tax Block: 13
  • Tax Book Number: F-138
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 8, 2022
Sold by
Mercado James A and Mercado Betsy M
Bought by
Kern Bryan
Seller's Agent
Joe Jackson
REMAX/PREMIER REALTY HWY 200
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$19,900
Sold Price
$19,900
Total Days on Market
2
Current Estimated Value
$114,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,433
Avg. Annual Appreciation
88.58%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Mercado Alberto O and Depaolis Joan P
Bought by
Mercado James A and Mercado Betsy M

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
Kern Bryan $19,900 New Title Company Name
Mercado James A -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $19,900 0.0% --
06/16/2022 06/16/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $19,900 -- --
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 $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

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Map

Source: Stellar MLS

MLS Number: OM640920

Stellar MLS

APN: 1802-013-031