From the landscaping of gorgeous azaleas and native plants(with a well for irrigation) to the Cherrywood kitchen cabinets, this Rainbow Springs POOL HOME located on . 49 of an acre has SO MUCH to offer YOU! In addition, the . 41 of an acre vacant lot adjacent to the back of this property is negotiable, giving you nearly an acre total! This home has been loved and updated by the current owners including the pool, the stunning cherrywood kitchen cabinets, the granite counter tops and the additional space in the living room, MBedroom and MBath! The MBath even has its very own additional/separate water heater! The underground propane gas tank is customer-owned and full (for the gas pool heater) so it makes your pool affordable and enjoyable year around! When you're not outside enjoying yourself, you'll enjoy the spaciousness of this 3 bedroom home PLUS a den area off the kitchen, an eat-in kitchen PLUS a dining room area AND a large family/living room with gas connection on exterior wall IF you want to add a gas fireplace!? ALL OF THIS located in the beautiful Rainbow Springs Country Club Estates offering it's residents access to the gorgeous Rainbow River for all of you kayaking/canoeing/swimming enthusiasts, the newly renovated clubhouse, the community pool, tennis courts, pickleball courts, billiard & exercise rooms, restaurant and so much more! Have you ever swam here in their natural springs? Come experience all the Dunnellon/Rainbow Springs area has to offer!
DON'T LET THE AGE FOOL YOU, UPGRADES INCLUDE NEW SHOWER DOORS AND PLUMBING FIXTURES. LANAI WITH ROOM AC, CEILING FAN AND ACRYLIC WINDOWS. THIS UNUSUAL FLOOR PLAN IS A MUST TO SEE. ADDITIONAL STORAGE, WORK BENCH & LIGHTING IN GARAGE. PROFESSIONALLY LANDSCAPED 1/2 ACRE CORNER LOT. THE REMAINING, PAID UP, 3 YEAR MEMBERSHIP TO THE RAINBOW RIVER CLUB WILL BE TRANSFERRED TO THE PURCHASER, ALSO ACCESS TO THE RAINBOW RIVER.
Public Records
Mar 6, 1995
Sold
$80,000
$36/sq ft
Public Records
Sep 1, 1987
Sold
$18,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,370 (+6.5%)
2024
$4,104 (+2.4%)
2023
$4,007 (+72.7%)
2022
$2,320 (+0.2%)
$32,517 + $242,323
$274,840
2021
$2,315 (+0.9%)
2020
$2,295 (+1.1%)
2019
$2,271 (−10.7%)
$11,208 + $148,733
$159,941
2018
$2,542 (+2.3%)
$11,208 + $132,575
$143,783
2017
$2,485 (+6.0%)
$11,070 + $124,616
$135,686
2016
$2,344 (+38.6%)
$11,070 + $124,616
$135,686
2015
$1,691 (−0.8%)
2014
$1,705
Tax history for 8970 SW 196th Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,370 (+6.5%)
2024
$4,104 (+2.4%)
2023
$4,007 (+72.7%)
2022
$2,320 (+0.2%)
$32,517 + $242,323
$274,840
2021
$2,315 (+0.9%)
2020
$2,295 (+1.1%)
2019
$2,271 (−10.7%)
$11,208 + $148,733
$159,941
2018
$2,542 (+2.3%)
$11,208 + $132,575
$143,783
2017
$2,485 (+6.0%)
$11,070 + $124,616
$135,686
2016
$2,344 (+38.6%)
$11,070 + $124,616
$135,686
2015
$1,691 (−0.8%)
2014
$1,705
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
2,207
Year built
1988
Style
Single Family Residential
County
Marion County
APN
3296-006-007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R-1
Single Family Dwelling
The Single Family Dwelling Classification is intended to provide areas for medium density residential development.
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring: Carpet, Ceramic Tile, Laminate
Exterior
Building Information
Construction Materials: Stucco, Wood Frame
Roof: Shingle
Exterior Features
Patio And Porch Features: Covered, Screened
Exterior Features: French Doors, Irrigation System, Rain Gutters
Fencing: Other
Pool Information
Spa Features: In Ground
Has Private Pool
Pool Features: Gunite, Heated, In Ground, Screen Enclosure
Property Features
Universal Property Id: US-12083-N-3296006007-R-N
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 1
Water Access Description: Beach - Access Deeded,River
Water Extras Y/N: 0
Farm Information
Number Of Wells: 1
Number Of Septics: 0
Property Information
CDD Y/N: 0
Homestead Y/N: 1
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning: R1
Land Information
Vegetation: Mature Landscaping, Trees/Landscaped
Total Acreage: 1/4 to less than 1/2
Lot Information
Lot Features: Corner Lot, Level, Oversized Lot
Lot Size Acres: 0.49
Lot Size Dimensions: 137x155
Road Surface Type: Concrete, Paved
Road Responsibility: Public Maintained Road
Lot Size Square Meters: 1983
Building Information
MFR_BuildingAreaTotalSrchSqM: 276.85
Financial
Tax Information
Tax Annual Amount: $2,222
Tax Year: 2021
Lease / Rent Details
Lease Restrictions YN: 1
Utilities
Utility Information
Water Source: Public, Well
Sewer: Public Sewer
Utilities: Electricity Connected, Propane, Public, Sprinkler Well, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $230
Total Monthly Fees: $19.17
Multi-Unit Information
Unit Number YN: 0
HOA Information
Association Name: Village Services/Amy Martin
Has HOA
MFR_Association2YN: 0
Association Fee Requirement: Required
Association Approval Required Y/N: 1
Monthly HOA Amount: 19.17
Association Amenities: Clubhouse, Dock, Park, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
Association Fee: $230
Association Fee Frequency: Annually
Association Fee Includes: Pool, Recreational Facilities
School Information
Elementary School: Dunnellon Elementary School
Middle Or Junior High School: Dunnellon Middle School
High School: Dunnellon High School
Location Information
Directions: N on Hwy 41 (N Florida Ave) to R on SW 88th Place Rd to R on SW 198th Ct to R on SW 196th Terrace Rd to first driveway on the R (corner of SW 198th Ct & SW 196th Terrace Rd).
Community Information
Community Features: Deed Restrictions, Park, Pool, Water Access
Pets Allowed: Yes
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,207
Stories: 1.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: Marion County
APN: 3296-006-007
Home facts updated by county records on Sep 9, 2026