1 month on rocket

514 Rainbow Springs Loop, Groveland, FL, 34736

$335,000

Home List Price

$3,978*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,550 SqFt
$216/SqFt
Townhouse

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

514 Rainbow Springs Loop, Groveland$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
Attached Garage2 spaces
Year Built2014
HeatingCentral, Electric
CoolingCentral Air
MLS #O6258399
Lot Size0.16 Acres
StatusActive

About 514 Rainbow Springs Loop

Experience the perfect blend of luxury and convenience in this immaculate 3-bedroom, 2.5-bath townhome with 1,550 square feet of living space. This move-in-ready end unit feels brand new, boasting a freshly painted interior, modern open floor plan, and a charming front porch to savor evening breezes. The chef’s kitchen is a standout with granite countertops, stainless steel appliances, custom cabinetry, and a versatile kitchen island, all flowing seamlessly into a private courtyard perfect for entertaining. Upstairs, the master suite impresses with its spacious layout, cathedral ceilings, double windows, and ensuite with a walk-in shower, complemented by two guest bedrooms offering comfort and style. A two-car garage and ample storage space, including a large closet under the stairs, complete the package. Nestled in the sought-after Waterside Pointe community, you’ll enjoy maintenance-free, resort-style living every day. Amenities include a large community clubhouse with a fitness center and event space, a sparkling pool with a waterslide, and courts for tennis and basketball. Whether relaxing at home or exploring the vibrant community, this home offers the lifestyle upgrade you’ve been waiting for. Schedule your tour today and step into your dream home!

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Stories: 2
  • Living Area: 1,550 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jimmy Tima

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Sidewalk

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From HWY 27 and FL-50 head West on 50. Take a right onto Waterside Pointe Drive. Take a second right onto Blue Cypress Dr then a 3rd right onto Rainbow Springs Loop. The home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $216/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,301
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Groveland, FL.

Map thumbnail provided by MapBox

Groveland, FL

City

Med. Sold Price

$387.5K

Med. Price/SqFt

$208

Avg. Days On Market

60

# of Sold Homes

24

514 Rainbow Springs Loop vs Groveland

31 DAYS ON ROCKET

-29 Days

$335,000

-$52.5K Less

$216/SqFt

+$7 More

KEY TAKEAWAY

This property is $52.5K less than the Median Sold Price and $7/SqFt more than other homes in Groveland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6258399

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jimmy Tima

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 19, 2019Home Sold
$2,054,477
Aug 19, 2019Home Sold
$204,000
Jan 07, 2016Home Sold
$175,000
Jun 26, 2014Home Sold
$160,805

Tax History

YEARPROP. TAXASSESSMENT
2020$2,301$168,053
2019$3,016$157,196
2018$2,666$142,905
2017$2,665$142,085

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-873566
8
/10

  • Cypress Ridge Elementary School

  • 350 East Ave

  • 1.77 miles

  • Public Magnet Grades PK-5

school-card-donut-873567
3
/10

  • Clermont Elementary School

  • 680 E Highland Ave

  • 2.45 miles

  • Public District Grades PK-5

school-card-donut-873568
2
/10

  • Groveland Elementary School

  • 930 Parkwood Ave

  • 3.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,961. Residents of Groveland, FL typically earn between $35k-100k each year. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Rainbow Springs Loop

What is the listing price of this property?

The listing price of 514 Rainbow Springs Loop property is $335,000.

What type of property is this?

The property 514 Rainbow Springs Loop is a townhouse located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 514 Rainbow Springs Loop is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,301 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 19, 2019 for $2,054,477. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 Rainbow Springs Loop has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 514 Rainbow Springs Loop is 1,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Rainbow Springs Loop is 2014.

Rocket Homes›Florida›Lake County›Groveland›34736›514 Rainbow Springs Loop

This home is located at 514 Rainbow Springs Loop in Groveland, FL and zip code 34736 in the Waterside Pointe, Groveland neighborhood. This 1,550 square foot home, which was built in 2014, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $335,000.

In November 2024, from all listings sold in Groveland, FL there were more than 5 sold above asking price, over 8 sold below and more than 11 were sold right at the asked price. Between October 2024 and November 2024, Groveland, FL real estate market has seen increase in the number of listings by 2.6%. The median list price of listings available in November 2024 was $387,517, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources