117 NW Sparrow ROAD, Dunnellon, FL, 34431 | $245,000

One or more photo(s) has been virtually staged. This exceptional property offers a unique opportunity to either make it your new home or expand your rental portfolio. With a tenant already in place on a month-to-month lease, you'll enjoy immediate rental income. Built by Ocala’s renowned BWC Construction, this stunning 3-bedroom, 2-bathroom home with a 2-car garage boasts premium upgrades throughout. The chef-inspired kitchen features modern shaker-style cabinets, granite countertops, and high-end stainless steel appliances. The open-concept floor plan invites an abundance of natural light, highlighting the elegant luxury vinyl plank flooring that beautifully mimics the warmth and charm of wood. The spacious 2-car garage offers plenty of room for tools, equipment, or extra storage. Constructed with durable concrete block, this home provides enhanced resilience against natural disasters, fire, pests, and moisture. Concrete construction also minimizes noise, improves energy efficiency, and emits fewer VOCs compared to wood-framed homes, potentially leading to lower insurance premiums. Located just 15 minutes from downtown Dunnellon and only 10 minutes from the world-famous Rainbow Springs State Park, residents can enjoy activities like kayaking, canoeing, swimming, diving, and fishing. The Rainbow Lakes Community Center and Recreational Park, which includes tennis, racquetball, and basketball courts, a baseball field, and a playground, are just around the corner. Additionally, residents have access to Tiger Lake and its boat ramp for even more outdoor enjoyment. Don’t miss this chance—call today to secure this outstanding property!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 72 x 141
  • Laundry: Inside, Laundry Closet
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,393
  • Acreage: 0.23
  • Lot Size: 72 x 141
  • Est. Taxes: $3,960
  • Elem. School: Romeo Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: OM692745
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM692745/117nwsparrowroad_dunnellon_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/15/2025 11:47:07 AM)
Listing courtesy of MAIN STREET REALTY & DEVELOP   Phone: 352-266-2918

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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117 NW Sparrow ROAD, Dunnellon, FL, 34431

$245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

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 $196,000 $196,000 $196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.204% 7.295% 6.412%
Monthly Tax Payment $330 $330 $330
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,288 $1,320 $1,667
Total Monthly Payment $1,693 $1,725 $2,072

* 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.