Welcome to the charming town of Dunnellon and the desirable community of Rainbow Springs. This beautiful home and property is located in The Forest of Rainbow Springs. The location offers a serene setting with majestic pines and mature oaks that perfectly complement the charm of the area. This property has 3 bedrooms and 2 bath with an added 20x16 bonus room that has all the potential you can dream up. Included in the bonus room is the hidden washer, dryer and sink along with an additional countertop, sink and storage. Did I also mention the oversized screened in pool and that the home is situated on 1. 14 acre? This amazing property is also surrounded by Marion County easements to the back and South of the property adding more 'Forest' to your property. The home has been upgraded in the past 10 years including remodeled kitchen and bathrooms with granite counter tops, interior and exterior paint, new roof on home, shed and pump house in 2016, resurfaced pool and new tile in 2018, 3M film on all windows to keep the home cooler and protect the glass, new flooring and the list goes on. There is a full list of renovation and repairs under the paperclip in the listing. The home has a two-car garage with an insulated garage door. There is an outlet ready for a generator and an additional subpanel for operating the generator. Relax or swim laps in your oversized 17x34 salt water pool with a new pool cage in 2016. There is a 12x19 shed with power for all of your outdoor equipment and a place to enjoy projects and another shed that houses the well pump and water softener. The outdoor space is vast and peaceful with abundant wildlife and a property that is full of mature trees and beautiful landscape. This turn-key home combines modern upgrades with the natural charm of Rainbow Springs. Residents enjoy some pretty sweet perks for a very low yearly HOA fee. They include community swimming pool, clubhouse, bocce ball, pickle ball, tennis, basketball, driving range, restaurant, disc golf, walking trail and access to your own private 3-acre residents park which is just a 1500-foot peaceful kayak or canoe paddle from the first magnitude Rainbow River State Park head spring. This exclusive community river park has 2 large pavilions, barbecue grills, segregated bathrooms, outdoor showers, private swimming area, kayak launch and supervised security for safety and peace of mind. Dunnellon’s Rainbow Springs is a rare gem. You will also be able to experience world class golf just next door at Juliette Falls Country Club. This ideal location places you at the doorstep of small town living at its finest in addition to being close to Ocala, Gainesville and vacation attractions found in nearby Tampa and Orlando. Don't miss your opportunity to visit this lovely home and property.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $384,000 | $384,000 | $384,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $214 | $214 | $214 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,652 | $2,587 | $3,266 |
Total Monthly Payment | $2,941 | $2,876 | $3,555 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.