NOT LISTED FOR SALE

4031 Bowen Falls Place Sarasota, FL 34243

Estimated Value: $485,691 - $552,000

2 Beds
2 Baths
1,841 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $347,000 $188 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,379/month

13 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • In Ground Pool
  • Gated Community
  • Clubhouse

About This Home

As of November 2019

Finally! - Rarely available Sutherland Floor plan with a pool! - Move in ready. From the moment you enter the front door, you will feel the care and attention to detail that has been given this home. SS appliances, wood look floors or tile throughout, newer AC, fans in all rooms, plantation shutters, dimmers and under cabinet lighting. The pool area will make you feel : "This is what Florida living is all about". The motor has been replaced, a chlorinator to make care easy, a totally re-done pool cage, and a totally private yard. This is a MUST see. This home is just steps from the newly renovated clubhouse. Lakeridge Falls is a gated, landscape maintained 55+ community with the perfect location. Walkable to Paneras, Publix, and much more, it is close to downtown, beaches, the interstate , and everything else Sarasota has to offer. One look and you will say: "Welcome Home"

Last Agent to Sell the Property

Leslie Rothschild

BRIGHT REALTY License #3092924 Listed on: 08/22/2019

BRIGHT REALTY

Last Buyer's Agent

Leslie Rothschild

BRIGHT REALTY License #3092924 Listed on: 08/22/2019

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 2003

Lot Details

  • 9,191 Sq Ft Lot
  • South Facing Home
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,841 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Den

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • In Wall Pest System

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • 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, private road
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Lakeridge Falls Community
  • Lakeridge Falls, Ph 1A Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,075

Year Built

Built in 2003

Lot Details

0

HOA Fees

$311 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1841
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1848
  • Lot Size Sq Ft: 9191
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444316?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444316?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99171
  • Price per Sq Ft: 188.48
  • Close to Original List Price Ratio: 0.99171
  • Ratio: Current Price\Building Area Total: 187.77
  • View: No
  • 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), Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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, Golf Carts OK, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub
  • Association Fee: 932
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Senior Community: Yes
  • Association Email: propertymanager@lakeridgefalls.org
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3728
  • Monthly HOA Fee: 310.67
  • Total Monthly Fees: 310.67

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042716959
  • Additional Parcels: No
  • Flood Zone Code: A
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Verification Count: 4

Rental Info

  • Pets Allowed: Breed Restrictions
  • Max Pet Weight: 100
  • Minimum Lease: 6 Months
  • Approval Process: HOA approval - $100 application fee - $500 capital contribution at closing
  • Num Timesper Year: 1
  • Pet Restrictions: No aggressive breeds - Must be on leash
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum 6 months once per year

Tax Info

  • Tax Annual Amount: 3075
  • Tax Block: G
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Nov 13, 2019
Sold by
Hunt Donald E and Hunt Family Trust
Bought by
Jatho Norman A and Norman A Jatho Revocable Trust
Seller's Agent
Leslie Rothschild
BRIGHT REALTY
Buyer's Agent
Leslie Rothschild
BRIGHT REALTY
List Price
$349,900
Sold Price
$347,000
Premium/Discount to List
-$2,900
-0.83%
Current Estimated Value
$521,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,423
Avg. Annual Appreciation
7.07%
Original Mortgage
$170,000
Outstanding Balance
$149,705
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$371,718

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hunt Donald E and Hunt Shirley A
Bought by
Hunt Donald E and Hunt Shirley A

Purchase Details

Closed on
Jan 29, 2003
Sold by
Centex Homes
Bought by
Hunt Donald E and Hunt Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Jatho Norman A $347,000 Attorney
Hunt Donald E -- --
Hunt Donald E $256,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jatho Norman A $170,000
Previous Owner Hunt Donald E $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $347,000 -0.8% $188 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $349,900 -- $190 / 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 $3,909 $294,002 -- --
2024 $3,909 $285,716 -- --
2023 $3,846 $277,394 $0 $0
2022 $3,722 $269,315 $0 $0
2021 $3,573 $261,471 $0 $0
2020 $3,680 $257,861 $0 $0
2019 $3,113 $220,864 $0 $0
2018 $3,075 $216,746 $0 $0
2017 $2,857 $212,288 $0 $0
2016 $2,842 $207,922 $0 $0
2015 $2,864 $206,477 $0 $0
2014 $2,864 $204,838 $0 $0
2013 $2,822 $201,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4444316

Stellar MLS

APN: 20427-1695-9