NOT LISTED FOR SALE

4138 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $318,000 - $363,000

2 Beds
2 Baths
1,391 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $250,000 $180 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,426/month

23 Days on Market

Highlights

  • 32 Feet of Waterfront
  • Home fronts a pond
  • Gated Community
  • Fitness Center
  • Active Adult
  • Pond View

About This Home

As of April 2020

Entering this beautifully landscaped 55+ gated, maintenance free community, your worries are left behind. Tranquil pond views greet you upon entering the front door and continue throughout the living areas of this well cared for garden villa. With two bedrooms, den, two baths, interior laundry, enclosed lanai and attached garage – this home is just right for a variety of lifestyles. Sit back and relax inside or on your glass enclosed lanai watching the birds sailing along the still waters; open the glass sliders to embrace the gentle breezes of the day as you enjoy Florida living. Stepping outside, you are surrounded by 170 acres of lush grounds with numerous ponds and walkways. Plenty to do in this community with resort style heated pool, spa, fitness center, bocce ball courts and a recently updated clubhouse, complete with grand gathering room, kitchen, billiards, a library, and an abundance of group activities. Whether you are part-time, full-time, seasonal or an investor, there is something for everyone in this amenity rich community. Centrally located and convenient to University Parkway, shopping and dining are literally next door; SRQ Airport, I75, UTC Mall and everything you need are within minutes of Lakeridge Falls community. Don’t miss a great opportunity to make this home yours!

Last Agent to Sell the Property

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY License #0389612 Listed on: 02/12/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Tiffany Hamilton

RE/MAX ALLIANCE GROUP License #3335739

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 2003

Lot Details

  • 3,937 Sq Ft Lot
  • Lot Dimensions are 31x127
  • Home fronts a pond
  • 32 Feet of Waterfront
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Villa
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Den
  • Inside Utility
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Kinnan Elementary School
  • Carlos E. Haile Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • 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, insurance, ground maintenance, manager, pool maintenance, private road, recreational facilities
  • Argus Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Built by Centex Homes
  • Lakeridge Falls Ph 1C Subdivision, Bristol Garden Villa Floorplan
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,801

Year Built

Built in 2003

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, 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/A4459613?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459613?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
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98039
  • Price per Sq Ft: 179.73
  • Close to Original List Price Ratio: 0.98039
  • Ratio: Current Price\Building Area Total: 120.77
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, 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: 12081C0319
  • Waterfront Frontage: 32
  • Water Frontage Feet Pond: 32
  • Disclosures: HOA/PUD/Condo Disclosure, 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, Phone Available, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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, Pool, Sidewalk
  • Association Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security
  • Association Fee: 868
  • Association Fee Frequency: Quarterly
  • Association Name: Argus
  • Phone: 941 360 1046
  • Association: Yes
  • Senior Community: Yes
  • Association Website: lakeridgefalls.org
  • Association Email: propertymanager@lakeridgefalls.org
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3472
  • Monthly HOA Fee: 289.33
  • Total Monthly Fees: 289.33

Schools

  • Elementary School: Kinnan Elementary
  • High School: Southeast High
  • Middle Or Junior School: Carlos E. Haile Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042730359
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 31x127
  • Flood Zone Code: x
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Please see HOA Docs for any additional restrictions.
  • Num Timesper Year: 1
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 1801
  • Tax Block: 14
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Allen Garmon Jerry and Allen Elaine Debra
Bought by
Ruffo Joseph A and Ruffo Jolene Denise
Current Estimated Value
$339,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$296,446
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$43,084

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 9, 2020
Sold by
Janis Jane O
Bought by
Garmon Jerry Allen and Garmon Debra Elaine
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tiffany Hamilton
RE/MAX ALLIANCE GROUP
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$250,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Dec 16, 2016
Sold by
Dutton Kelly C and Lu Hua
Bought by
Janis Norbert J and Janis Jane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,712
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2003
Sold by
Centex Homes
Bought by
Dutton Kelly C and Lu Hua
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ruffo Joseph A $390,000 Cmk Law
Garmon Jerry Allen $250,000 Attorney
Janis Norbert J $238,000 Msc Title Inc
Dutton Kelly C $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruffo Joseph A $312,000
Previous Owner Garmon Jerry Allen $250,000
Previous Owner Janis Norbert J $243,712
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $250,000 -2.0% $180 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $255,000 -- $183 / 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 $4,207 $308,045 $30,600 $277,445
2024 $4,207 $311,093 $30,600 $280,493
2023 $4,281 $311,093 $30,600 $280,493
2022 $2,781 $214,995 $0 $0
2021 $2,653 $208,733 $0 $0
2020 $1,834 $144,324 $0 $0
2019 $1,802 $141,079 $0 $0
2018 $1,774 $138,448 $0 $0
2017 $1,639 $135,600 $0 $0
2016 $2,929 $187,211 $0 $0
2015 $2,858 $153,494 $0 $0
2014 $2,858 $167,175 $0 $0
2013 $2,636 $153,264 $20,200 $133,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4459613

Stellar MLS

APN: 20427-3035-9