NOT LISTED FOR SALE

4012 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $351,623

2 Beds
2 Baths
1,391 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $263,000 $189 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,331/month

84 Days on Market

Highlights

  • Water Access
  • Active Adult
  • Gated Community
  • Fitness Center
  • Custom Home
  • View of Trees or Woods

About This Home

As of August 2018

ABSOLUTELY NO COMPETITION WITH THIS VILLA, BECAUSE OF ALL OF THE WONDERFUL ADDITIONS. SELLERS HAVE SPARED NO EXPENSE. 55 & OLDER COMMUNITY....Open great room concept & kitchen. New tile floors throughout & on diagonal, except 2 bedrooms. Complete new kitchen, with new counters & backsplash, under cabinet lighting, skylight, & all new appliances. Crown Molding & all windows replaced with double pane, tinted, hurricane code windows, plus easy hurricane shutters. A water filtration system & tankless water heater, plus extra attic insulation. Two FANTASTIC BONUSES are the WALK IN TUB valued at 10,000 & the HOME GENERATOR THAT IS SELF-CONTAINED & MONITERS ITSELF. Add to all of this, gated, 24 hr security, maintenance free, water view, & heated community pool & clubhouse, & lakes & trails. Walk to shopping, & close to downtown Sarasota… with the beaches & the Sarasota Airport all just minutes away. EASY LIVING & PERFECT LIFESTYLE.

Last Agent to Sell the Property

Beth Pheney

FINE PROPERTIES License #0563969 Listed on: 04/26/2018

FINE PROPERTIES

Last Buyer's Agent

Gini Fine

PALM AIRE REALTY PARTNERS LLC License #3039146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 2004

Lot Details

  • 3,937 Sq Ft Lot
  • Property fronts a private road
  • Mature Landscaping
  • Property is zoned PDMU

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Pond
  • Woods

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Shutters
  • Blinds
  • Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Attic Ventilator

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Handicap Modified
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Humidity Control
  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include community pool, escrow reserves fund, insurance, ground maintenance, manager, pool maintenance, private road, recreational facilities, security, sewer
  • Argus Mgmt Oded Neeman Association, Phone Number (941) 360-1046
  • Lakeridge Falls Ph 1C Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,839

Year Built

Built in 2004

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2004
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Handicap Modified
  • Lot Size Sq Ft: 3937
  • Directions to Property: North on Tuttle from University Pkwy, right onto Lakeridge Blvd, thru gate, right onto Cascade Falls
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4401561&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4401561&cview=true&show_results=true&customer_portal=true
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 189.07
  • Close to Original List Price Ratio: 0.97952
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Ventilator, Built in Features, Ceiling Fans(s), In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Rods, Shutters, Thermal Windows, Window Treatments, Storm Window(s)
  • Street Number Modifier: 4012
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Gas, Natural Gas Connected, Public, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, 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, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Special Community Restrictions, Water Access
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Vehicle Restrictions
  • Association Fee: 774
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Mgmt - Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3096
  • Monthly HOA Fee: 258
  • Total Monthly Fees: 258

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042728209
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 6 Months
  • Approval Process: Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)
  • Num Timesper Year: 2
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for additional restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 3839
  • Tax Block: 4
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Aug 31, 2018
Sold by
Paton Robert D and Paton Lydia M
Bought by
Lippert Erich H and Lippert Ingrid G
Seller's Agent
Beth Pheney
FINE PROPERTIES
Buyer's Agent
Gini Fine
PALM AIRE REALTY PARTNERS LLC
List Price
$268,500
Sold Price
$263,000
Premium/Discount to List
-$5,500
-2.05%
Current Estimated Value
$351,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,623
Avg. Annual Appreciation
4.15%
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Centex Centex Homes
Bought by
Paton Robert D and Paton Lydia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.78%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Sold Price
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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
Lippert Erich H $263,000 Attorney
Paton Robert D $190,700 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippert Erich H $1
Previous Owner Paton Robert D $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $263,000 0.0% $189 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $263,000 -2.0% $189 / Sq Ft
04/26/2018 04/26/18 For Sale $268,500 -- $193 / 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 $2,567 $226,713 -- --
2024 $2,567 $220,324 -- --
2023 $2,530 $213,907 $0 $0
2022 $2,455 $207,677 $0 $0
2021 $2,356 $201,628 $0 $0
2020 $2,431 $198,844 $20,000 $178,844
2019 $2,483 $200,272 $25,000 $175,272
2018 $0 $157,436 $0 $0
2017 $0 $154,198 $0 $0
2016 $0 $151,026 $0 $0
2015 $1 $149,976 $0 $0
2014 $1 $148,786 $0 $0
2013 $1 $146,587 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4401561

Stellar MLS

APN: 20427-2820-9