NOT LISTED FOR SALE

4028 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $310,000 - $407,000

2 Beds
2 Baths
1,391 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $270,000 $194 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,323/month

6 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Active Adult
  • Pond View
  • Clubhouse

About This Home

As of August 2019

Luxury resort living at Lakeridge Falls! This marvelously updated 55+ residence will take your breath away. The bright, airy entry, leads past the smartly situated den and out into the living area. Beautiful wood laminate floors throughout and new tile floors in both bathrooms and lanai. The kitchen functions like a dream and has been updated with granite, new appliances and more. You’ll have no problem cooking up something scrumptious on the gas stove while you converse with your guests. The open, spacious living room with crown molding leads you to the screened lanai where you can relax while looking out at the calm water. Both bathrooms are beautifully appointed and updated. The spacious master with easy access to the lanai offers views of the water where one can curl up with a book. The walk in closet is to die for, it will hold everything and more. The oversize 2-car garage and, for your peace of mind, hurricane shutters round out this exquisite residence. The community features all the things you want; clubhouse with a myriad of activities, a huge heated pool and spa, a well equipped gym, and again for your safety a 24hour guard. The new homeowner has nothing to do…but move in, relax and start enjoying resort life.

Last Agent to Sell the Property

Rose Wright

ALLIANCE GROUP LIMITED License #0572995 Listed on: 06/15/2019

ALLIANCE GROUP LIMITED

Co-Listed By

Angela Diemer

REDFIN CORPORATION License #0638172

Last Buyer's Agent

Mugsie Quinlan

PREMIER PROPERTIES OF SRQ LLC License #3266137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 2003

Lot Details

  • 3,937 Sq Ft Lot
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $275 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Shades
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Pond Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, community pool, escrow reserves fund, ground maintenance, manager, recreational facilities, security
  • Oded Neeman Association, Phone Number (866) 227-0441
  • Visit Association Website
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1C Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,624

Year Built

Built in 2003

Lot Details

3,937 Sq Ft Lot

HOA Fees

$275 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2070
  • Lot Size Sq Ft: 3937
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438775?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438775?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98182
  • Price per Sq Ft: 194.1
  • Close to Original List Price Ratio: 0.98182
  • Ratio: Current Price\Building Area Total: 130.43
  • View: Yes
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Drapes, Shades, Window Treatments
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • 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: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool, Shuffleboard Court, Spa/Hot Tub
  • Association Fee: 824
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 866-227-0441
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: Yes
  • Association Website: www.LakeridgeFalls.org
  • Association Email: Propertymanager@lakeridgefalls.org
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3296
  • Monthly HOA Fee: 274.67
  • Total Monthly Fees: 274.67

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042728409
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: Application fee $100.
  • Num Timesper Year: 1
  • Pet Restrictions: Only household pets, must be on leash.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: minimum 6 months - 1 time per year

Tax Info

  • Tax Annual Amount: 2624
  • Tax Block: 5
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Aug 21, 2019
Sold by
Tebbs Larry Charles and Tebbs Mary Lee
Bought by
Allen Walter L
Seller's Agent
Rose Wright
ALLIANCE GROUP LIMITED
Buyer's Agent
Mugsie Quinlan
PREMIER PROPERTIES OF SRQ LLC
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$347,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,604
Avg. Annual Appreciation
3.92%
Original Mortgage
$216,000
Outstanding Balance
$189,176
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$158,428

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 28, 2017
Sold by
Jones Margaret A
Bought by
Tebbs Larry Charles and Tebbs Mary Lee
Seller's Agent
Tina von Kessel
COLDWELL BANKER REALTY
Buyer's Agent
Rose Wright
ALLIANCE GROUP LIMITED
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$100,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Feb 14, 2014
Sold by
Yabkow Milton E
Bought by
Jones Margaret A
Seller's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
Buyer's Agent
Melba Jimenez, PA
MICHAEL SAUNDERS & COMPANY
List Price
$244,900
Sold Price
$220,000
Premium/Discount to List
-$24,900
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$165,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2003
Sold by
Centex Homes
Bought by
Locking Sylvia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Allen Walter L $270,000 Property Title Llc
Tebbs Larry Charles $237,500 Alliance Group Title Llc
Jones Margaret A $220,000 Attorney
Locking Sylvia E $160,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Walter L $216,000
Previous Owner Tebbs Larry Charles $100,000
Previous Owner Jones Margaret A $165,000
Previous Owner Locking Sylvia E $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Sold $270,000 -1.8% $194 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $275,000 +15.8% $198 / Sq Ft
08/17/2018 08/17/18 Off Market $237,500 -- --
12/28/2017 12/28/17 Sold $237,500 -3.1% $171 / Sq Ft View Prior Sale
11/17/2017 11/17/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $245,000 +11.4% $176 / Sq Ft
02/14/2014 02/14/14 Sold $220,000 -6.3% $158 / Sq Ft View Prior Sale
01/16/2014 01/16/14 Pending -- -- --
12/17/2013 12/17/13 Price Changed $234,900 -2.1% $169 / Sq Ft
11/05/2013 11/05/13 Price Changed $239,900 -2.0% $172 / Sq Ft
09/12/2013 09/12/13 For Sale $244,900 -- $176 / Sq Ft
Source: Stellar MLS

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 $2,866 $225,493 -- --
2023 $2,814 $212,755 $0 $0
2022 $2,729 $206,558 $0 $0
2021 $2,606 $200,542 $0 $0
2020 $2,681 $197,773 $20,000 $177,773
2019 $2,657 $194,994 $0 $0
2018 $2,624 $191,358 $20,000 $171,358
2017 $1,980 $157,814 $0 $0
2016 $1,967 $154,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4438775

Stellar MLS

APN: 20427-2840-9

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