NOT LISTED FOR SALE

4140 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $309,112 - $342,000

2 Beds
2 Baths
1,391 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 26, 2021

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

Est. 31% increase in value since last sale

Current estimated payment $2,360/month

16 Days on Market

Highlights

  • Water Views
  • Active Adult
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of February 2021

Lakeridge Falls is active, maintenance free, 55+ gated community with all the amenities you'd want for an active lifestyle. An ideal floorplan, this lovely 2 Bedroom, 2 Bath, plus Den, 2 car garage is ready to move in. A desirable open floorplan with a long lake view. Neutral ceramic tile in the main living area and carpet in the Bedrooms and Den. New 2.5 ton, 14 SEER AC replaced in June 2019. Wood cabinetry in the kitchen and lots of storage space. Lakeridge Falls has a newly renovated clubhouse, fitness center, heated pool and spa, activity director, card room, billiards, arts and craft classes, water aerobics, bingo, bocce and table tennis. The community is close to A+ Medical facilities, UTC Mall and minutes to the beaches and downtown Sarasota, minutes to the airport, everything is easy access from your doorstep.

Last Agent to Sell the Property

Dana Cook Westmark

MICHAEL SAUNDERS & COMPANY License #3032781 Listed on: 01/04/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Donald Geikie

MICHAEL SAUNDERS & COMPANY License #0519647

Last Buyer's Agent

Marie Avery-Withers

COLDWELL BANKER REALTY License #0603401

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 2003

Lot Details

  • 3,938 Sq Ft Lot
  • Lot Dimensions are 31x127
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Water Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • In Wall Pest System
  • Pest Guard System

Outdoor Features

  • Screened Patio
  • Front Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 14
  • Assessor Parcel Number 2042730309

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, insurance, ground maintenance, manager, recreational facilities, security
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Built by Centex
  • Lakeridge Falls Community
  • Lakeridge Falls Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing
  • Greenbelt
  • Handicap Modified Features In Community

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,151

Year Built

Built in 2003

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Manager, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Property Description: Walk-Up
  • Construction Materials: Block, Stucco
  • Living Area: 1391.00
  • Homestead: Yes
  • Lot Size Acres: 0.09
  • Year Built: 2003
  • Building Area Total: 2070.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487486?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487486?w=Customer
  • Lot Size Sq Ft: 3938
  • Building Search Sq Meters: 192.31
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487486?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Solid Wood Cabinets, Split Bedroom, Thermostat
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Living Area Meters: 129.23

Exterior Features

  • Direction Faces: West
  • Water Access: Lake
  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Tile
  • Flood Zone Code: X
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081c0317e
  • Water Access: Yes
  • View: Water
  • Patio and Porch Features: Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Lakeridge Falls
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk
  • Pet Restrictions: Refer to HOA Docs
  • Max Pet Weight: 101
  • Monthly HOA Fees: 300.33
  • Pet Size: Extra Large (101+ Lbs.)
  • Planned Unit Development: Yes
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Handicap Modified, Lobby Key Required, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Association Approval Required: Yes
  • Association Fee: 901.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: propertymanager@lakeridgefalls.org
  • Association Website: http://www.lakeridgefalls.org

Fee Information

  • Total Annual Fees: 3604.00
  • Total Monthly Fees: 300.33

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: PDMU
  • Parcel Number: 2042730309
  • Lot Features: Greenbelt, Near Public Transit, Sidewalk, Street Paved
  • Lot Dimensions: 31x127
  • Lot Size Square Meters: 366

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: Refer to HOA Docs
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: Centex

Multi Family

  • Approval Process: Application and Fee

Tax Info

  • Tax Annual Amount: 2151.30
  • Tax Block: 14
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 26, 2021
Sold by
Poppell Linda K
Bought by
Melligon John and Jillions Denise
Seller's Agent
Dana Cook Westmark
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marie Avery-Withers
COLDWELL BANKER REALTY
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$327,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,278
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Poppell Linda K
Bought by
Poppell Linda K

Purchase Details

Closed on
Jun 26, 2003
Sold by
Centex Homes
Bought by
Poppell Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.43%
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
Melligon John $250,000 Attorney
Poppell Linda K -- Attorney
Poppell Linda K $163,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poppell Linda K $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $250,000 -3.8% $180 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $260,000 -- $187 / 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 $4,061 $308,045 $30,600 $277,445
2024 $4,061 $311,093 $30,600 $280,493
2023 $4,132 $311,093 $30,600 $280,493
2022 $4,122 $259,998 $30,000 $229,998
2021 $2,094 $166,335 $0 $0
2020 $2,151 $164,038 $0 $0
2019 $2,107 $160,350 $0 $0
2018 $2,078 $157,360 $0 $0
2017 $1,924 $154,123 $0 $0
2016 $1,911 $150,953 $0 $0
2015 $1,937 $149,904 $0 $0
2014 $1,937 $148,714 $0 $0
2013 $1,907 $146,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Cook Westmark

    Seller's Agent in 2021

    Dana Cook Westmark

    Michael Saunders

    (941) 356-5091

    7 in this area

    72 Total Sales

    Dana Cook Westmark
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Donald Geikie

    Michael Saunders

    (941) 356-8457

    2 in this area

    26 Total Sales

    Donald Geikie
    Section Image
  • Marie Avery-Withers

    Buyer's Agent in 2021

    Marie Avery-Withers

    COLDWELL BANKER REALTY

    (941) 725-0911

    5 in this area

    57 Total Sales

    Marie Avery-Withers
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4487486

Stellar MLS

APN: 20427-3030-9

Florida Manatee County Sarasota 34243

4140 Cascade Falls Dr, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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