NOT LISTED FOR SALE

4003 Bowen Falls Place Sarasota, FL 34243

Estimated Value: $532,000 - $573,000

3 Beds
2 Baths
2,205 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $324,500 $147 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,717/month

68 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • View of Trees or Woods
  • Vinyl Pool
  • Gated Community
  • Open Floorplan

About This Home

As of January 2014

Don't miss this 3 bedroom plus den, over 2200 square feet of fabulous home. Beautiful upgrades including but not limited to: granite; upgraded tile with the feel of Tuscany, SS appliances and a free flowing open floor plan. Located on a large corner lot in Lakeridge Falls, this home has a large preserve view, plenty of room for a pool and has been thoroughly enjoyed and well maintained. Lakeridge Falls is a true hidden gem in the University corridor. This community has an on-site Property Manager, 24 hour manned gate, heated pool and spa, fitness center, Bocce and a full regiment of community activities for you to partake in, all with reasonable HOA fees that include ground Maintenance. The University Corridor is conveniently located to many fine shopping options, a myriad of dining choices, public and private golfing, Downtown Sarasota cultural amenities, less than 30 minutes to the area's white sandy beaches, I-75 with easy access to Tampa/St. Petersburg, area airports as well as the new mall to be completed in 2014. This is a spacious floor plan in a wonderful community; Welcome Home!

Last Agent to Sell the Property

Mugsie Quinlan

PREMIER PROPERTIES OF SRQ LLC License #3266137 Listed on: 09/03/2013

Last Buyer's Agent

Christina Pitchford, PA

SUNCOAST HOMES & DREAMS License #3123733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Corner Lot
  • Property is zoned PDMU

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,205 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Entrance Foyer
  • Den
  • Inside Utility
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • Vinyl Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, ground maintenance, manager, private road, recreational facilities, security
  • Propertymanager@Lakeridgefalls.Org Association
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1A Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions
  • Greenbelt

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 2003

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2205
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2877
  • Lot Size Sq Ft: 11184
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5839970&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5839970&cview=true&show_results=true&customer_portal=true
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 2042700
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96866
  • Price per Sq Ft: 147.17
  • Close to Original List Price Ratio: 0.96866
  • Ratio: Current Price\Building Area Total: 112.79
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Foyer, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: Heated, Vinyl
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Gas, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Special Community Restrictions
  • Association Amenities: Fitness Center, Gated, Maintenance, Recreation Facilities, Security
  • Association Fee: 795
  • Association Fee Frequency: Quarterly
  • Association Name: PropertyManager@LakeridgeFalls.org
  • Association: Yes
  • Security: Gated Community, Security System Leased, Smoke Detector(s)
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3180
  • Total Monthly Fees: 265

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042716609
  • Additional Parcels: No
  • Lot Features: Corner Lot, Greenbelt, In County, Near Public Transit
  • Millage Rate: 16.23
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Pet Restrictions: Check with listing agent for any restrictions.
  • Expected Lease Date: 2014-01-13T05:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 2965
  • Tax Block: G
  • Tax Book Number: 0037/0130
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Jan 13, 2014
Sold by
Peat Barbara
Bought by
Francis Richard V and Francis Alexis A
Seller's Agent
Mugsie Quinlan
PREMIER PROPERTIES OF SRQ LLC
Buyer's Agent
Christina Pitchford, PA
SUNCOAST HOMES & DREAMS
List Price
$335,000
Sold Price
$324,500
Premium/Discount to List
-$10,500
-3.13%
Current Estimated Value
$552,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,539
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Oct 14, 2003
Sold by
Centex Homes
Bought by
Peat Donald B and Peat Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,250
Interest Rate
6.45%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Francis Richard V $324,500 Attorney
Peat Donald B $298,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peat Donald B $268,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $324,500 -3.1% $147 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $335,000 -- $152 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,570 $417,854 -- --
2024 $6,570 $489,780 $45,900 $443,880
2023 $6,394 $489,780 $45,900 $443,880
2022 $5,756 $427,304 $45,000 $382,304
2021 $4,532 $285,400 $40,000 $245,400
2020 $4,613 $277,282 $40,000 $237,282
2019 $2,990 $211,498 $0 $0
2018 $2,952 $207,554 $0 $0
2017 $2,742 $203,285 $0 $0
2016 $2,727 $199,104 $0 $0
2015 $3,063 $197,720 $0 $0
2014 $3,063 $215,832 $0 $0
2013 $3,019 $212,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5839970

Stellar MLS

APN: 20427-1660-9