NOT LISTED FOR SALE

4118 63rd Terrace E Sarasota, FL 34243

Estimated Value: $396,935 - $469,000

3 Beds
2 Baths
1,696 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $330,000 $195 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,089/month

32 Days on Market

Highlights

  • 57 Feet of Waterfront
  • Saltwater Pool
  • Gated Community
  • Fitness Center
  • Active Adult
  • Lake View

About This Home

As of November 2020

Waterfront!!! This beautiful 3bd 2 bath furnished Sarasota home sits safely in the gated CASCADES 55+ community. This home offers a relaxing view of the lake on your screened in lanai. The kitchen, living room and master bedroom also offer a lovely view of the lake and wildlife. This well cared for home has hurricane shutters and high impact windows. Move-in ready and furnished! A highly desired location with amenities such as indoor outdoor heated pool and sauna, hot tub, fitness center, tennis courts, pickleball courts, bocce courts, club house with billiards, card room, craft room with kilns, and ballroom. The clubhouse also offers yoga, mahjong, poker, bridge, bingo, pottery classes, quilting, line dancing, theater, cultural clubs, and so much more! Warm and friendly quiet neighbors. Conveniently located near I-75 and UTC Mall and just minutes to West coast Gulf of Mexico beaches. Shopping, hospitals, airport and entertainment all nearby. Get to Tampa, St. Pete in under an hour.

Last Agent to Sell the Property

Beth Burnette

PEOPLE'S TRUST REALTY License #3454406 Listed on: 10/08/2020

PEOPLE'S TRUST REALTY

Last Buyer's Agent

Beth Burnette

PEOPLE'S TRUST REALTY License #3454406 Listed on: 10/08/2020

PEOPLE'S TRUST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 2005

Lot Details

  • 6,324 Sq Ft Lot
  • Lot Dimensions are 58.0x110.0
  • 57 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Irrigation
  • Property is zoned PDR/W

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,696 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Breakfast Room
  • Inside Utility
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, internet, ground maintenance, manager, private road, recreational facilities, security
  • Castle Management/Jorge Prieto Association, Phone Number (941) 961-3561
  • Visit Association Website
  • Cascades At Sarasota Community
  • Cascades At Sarasota Ph Iiia Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 2005

Lot Details

6,324 Sq Ft Lot

HOA Fees

$401 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Internet, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1696
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2486
  • Lot Size Sq Ft: 6324
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8100624?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8100624?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Subdivision Num: 1879202
  • Ratio: Close Price\List Price: 0.97087
  • Price per Sq Ft: 194.58
  • Close to Original List Price Ratio: 0.97345
  • Ratio: Current Price\Building Area Total: 132.74
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, High Ceiling(s), Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Room Count: 9
  • Additional Rooms: Breakfast Room Separate, Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Salt Water
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 57
  • Water Frontage Feet Lake: 57
  • Disclosures: HOA/PUD/Condo 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 Connected, Electricity Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 401
  • Association Fee Frequency: Monthly
  • Association Name: Castle Management/Jorge Prieto
  • Phone: (941) 961-3561
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Website: https://www.cascades-sarasota-hoa.com
  • Association Email: Jprieto@castlegroup.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4812
  • Monthly HOA Fee: 401
  • Total Monthly Fees: 401

Schools

  • Elementary School: Kinnan Elementary
  • High School: Southeast High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/W
  • Parcel Number: 1879219209
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Lot Dimensions: 58.0X110.0
  • Flood Zone Code: X
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: CHECK HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Check with HOA

Tax Info

  • Tax Annual Amount: 4106
  • Tax Book Number: 0045/0057
  • Tax Lot: 3176

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 30, 2020
Sold by
Thompson Joe B and Thompson Marianl
Bought by
Barbara Samantha M
Seller's Agent
Beth Burnette
PEOPLE'S TRUST REALTY
Buyer's Agent
Beth Burnette
PEOPLE'S TRUST REALTY
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
$432,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,734
Avg. Annual Appreciation
5.30%
Original Mortgage
$297,000
Outstanding Balance
$264,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,844

Purchase Details

Listed on
Oct 8, 2020
Closed on
Oct 21, 2020
Sold by
Thompson Joe B and Thompson Marina L
Bought by
Thompson Joe B and Thompson Marian L
Seller's Agent
Beth Burnette
PEOPLE'S TRUST REALTY
Buyer's Agent
Beth Burnette
PEOPLE'S TRUST REALTY
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$264,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,844

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jul 8, 2013
Sold by
Spatz Margaret W and Margaret W Spatz Revocable Tru
Bought by
Thompson Joe B and Thompson Marian L
Seller's Agent
Bill Weed, PA
Buyer's Agent
Jerri Phillips
LIMBO COMPANY SARASOTA ASSOC
List Price
$249,000
Sold Price
$241,000
Premium/Discount to List
-$8,000
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Oct 14, 2005
Sold by
Levitt & Sons Of Manatee County Llc
Bought by
Spatz Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barbara Samantha M $330,000 Alliance Title Group Inc
Thompson Joe B -- Accommodation
Thompson Joe B $241,000 Barnes Walker Title Inc
Spatz Margaret $285,700 U F C Title Ins Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbara Samantha M $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $330,000 -2.9% $195 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $339,900 +0.3% $200 / Sq Ft
10/08/2020 10/08/20 For Sale $339,000 +40.7% $200 / Sq Ft
07/08/2013 07/08/13 Sold $241,000 -3.2% $142 / Sq Ft View Prior Sale
04/27/2013 04/27/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $249,000 -- $147 / 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 $5,589 $349,380 $40,800 $308,580
2023 $5,447 $389,516 $40,800 $348,716
2022 $5,221 $387,682 $40,000 $347,682
2021 $4,108 $258,657 $35,000 $223,657
2020 $4,173 $250,742 $35,000 $215,742
2019 $4,106 $244,540 $35,000 $209,540
2018 $4,142 $244,296 $30,000 $214,296
2017 $3,791 $233,770 $0 $0
2016 $3,771 $228,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8100624

Stellar MLS

APN: 18792-1920-9

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