Welcome to this delightful single-family residence nestled in the serene Rainbow Lakes Estates community of Dunnellon, Florida. Built in 1994, this 1-bedroom, 1-bathroom home offers 1,214 square feet of comfortable living space on a generous 10,454 square foot lot. Spacious Interior: Enjoy the open layout with carpeted flooring and ample natural light throughout the home. Functional Kitchen: The kitchen provides plenty of counter space and storage, ideal for daily living and entertaining. Outdoor Living: The expansive yard offers endless possibilities for gardening, recreation, or future enhancements. Community Amenities: Located in Rainbow Lakes Estates, residents benefit from a peaceful environment with access to nearby parks and recreational areas. Convenient Location: Close proximity to local schools, shopping centers, and dining options in Dunnellon. This property presents a fantastic opportunity for first-time homebuyers, retirees, or investors seeking a charming home in a tranquil setting. Don’t miss out on making this house your new home!
Sold for $85,000
$85,000
20704 SW Rainbow Lakes Blvd, Dunnellon, FL 34431
1beds
624sqft
Single Family Residence
Built in 1994
10,454 Square Feet Lot
$83,500 Zestimate®
$136/sqft
$1,245 Estimated rent
Home value
$83,500
$75,000 - $94,000
$1,245/mo
Zestimate® history
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$474/mo
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List your homeWhat's special
Endless possibilities for gardeningOpen layoutComfortable living spaceAmple natural lightCarpeted flooringFunctional kitchenExpansive yard
Zillow last checked:
Listing updated:
Listed by:
Randy Shultz 352-639-2891,
RE/MAX PREMIER REALTY LADY LK 352-753-2029,
Michael Bowden 352-405-2857,
RE/MAX PREMIER REALTY LADY LK
Bought with:
Nicole Surillo, 3632363
LPT REALTY, LLC
Source: Stellar MLS,MLS#: OM702411
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Kitchen
- Level: First
- Area: 72 Square Feet
- Dimensions: 6x12
Living room
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Kitchen
Features
- Open Floorplan
- Flooring: Ceramic Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 1,214
- Total interior livable area: 624 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 1801023011
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: RAINBOW LAKES ESTATE
HOA
- Has HOA: No
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $84,756
- Annual tax amount: $1,490
- Date on market: 5/27/2025
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $85,000-1%$136/sqft |
Source:  Stellar MLS #OM702411 Report a problem | ||
| 7/30/2025 | Pending sale | $85,900$138/sqft |
Source: Stellar MLS #OM702411 Report a problem | ||
| 7/22/2025 | Price change | $85,900-13.8%$138/sqft |
Source: Stellar MLS #OM702411 Report a problem | ||
| 6/23/2025 | Price change | $99,700-16.8%$160/sqft |
Source: Stellar MLS #OM702411 Report a problem | ||
| 5/27/2025 | Listed for sale | $119,900$192/sqft |
Source: Stellar MLS #OM702411 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,490 +20% | $50,005 +10% |
| 2023 | $1,243 +18% | $45,459 +10% |
| 2022 | $1,053 +16.2% | $41,326 +10% |
| 2021 | $906 +6.9% | $37,569 +10% |
| 2020 | $848 +5.7% | $34,154 +10% |
| 2019 | $802 | $31,049 -6.4% |
| 2018 | $802 +23.2% | $33,181 +29.3% |
| 2017 | $651 +5.8% | $25,660 +5.7% |
| 2016 | $615 | $24,274 +5% |
| 2015 | $615 +5.9% | $23,110 +3.9% |
| 2014 | $581 +8.1% | $22,241 +10% |
| 2013 | $537 -2.6% | $20,219 -4% |
| 2012 | $552 -19.1% | $21,070 -25.5% |
| 2011 | $682 -16.9% | $28,293 -22.3% |
| 2010 | $821 -16% | $36,396 -21.5% |
| 2009 | $978 -10.5% | $46,335 -16.2% |
| 2008 | $1,092 -1.8% | $55,322 -5.9% |
| 2007 | $1,112 -0.8% | $58,769 +12% |
| 2006 | $1,121 +38.3% | $52,476 +52.7% |
| 2005 | $811 | $34,369 +13.7% |
| 2004 | $811 -0.9% | $30,238 +9.4% |
| 2002 | $818 +19.6% | $27,644 +10.6% |
| 2001 | $684 | $24,992 |
| 2000 | $684 | $24,992 |
Find assessor info on the county website
Neighborhood: Rainbow Lakes Estates
Nearby homes
- $190,2002 bd2 ba1.3k sqft20718 SW Rainbow Lakes Blvd, Dunnellon, FL 34431Off Market
- $1,3502 bd2 ba936 sqft20717 SW Beach Blvd, Dunnellon, FL 34431For Rent
- $151,0002 bd1 ba1.4k sqft20685 SW Beach Blvd, Dunnellon, FL 34431Off Market
- $193,1002 bd2 ba1.8k sqft20733 SW Rainbow Lakes Blvd, Dunnellon, FL 34431Off Market
- $178,0003 bd1 ba1.4k sqft20683 SW Rainbow Lakes Blvd, Dunnellon, FL 34431Off Market
- $242,3003 bd2 ba2.8k sqft20755 SW Beach Blvd, Dunnellon, FL 34431Off Market
- $204,9002 bd2 ba1.2k sqft20669 SW Beach Blvd, Dunnellon, FL 34431Off Market
- $209,0003 bd2 ba1.7k sqft20686 SW Marine Blvd, Dunnellon, FL 34431Off Market
Nearby schools
GreatSchools rating
- 4/10Romeo Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Dunnellon Middle SchoolGrades: 6-8Distance: 6.1 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Romeo Elementary School
- Middle: Dunnellon Middle School
- High: Dunnellon High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$83,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$83,500
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 20704 SW Rainbow Lakes Blvd
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