NOT LISTED FOR SALE

4142 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $361,799 - $378,000

2 Beds
2 Baths
1,576 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $265,000 $168 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,581/month

7 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Florida Architecture
  • Fitness Center
  • Clubhouse
  • Mature Landscaping

About This Home

As of January 2021

Built in 2003, this lovely 2Br/2Ba w/Den, split plan makes excellent use of its 1,576 sq. ft. An entry foyer opens to the combo Living / Dining room where you will enjoy tranquil, long lake views. A spacious eat-in kitchen features a closet pantry and window out to the front porch. This model is an end unit offering additional windows that fill the rooms with natural light. This split plan includes a Master with ensuite bath, a 2nd BR and bath and Study/Den. Enjoy time outdoors on the screen enclosed lanai, a perfect spot for morning coffee. LakeRidge Falls is a highly desirable, active and gated 55+ community located just off University Parkway. This active community consists of 399 homes on 170 acres that includes 16 scenic lakes, preserve areas, well maintained grounds and 24 hour security gate. Amenities include a recently (2019) updated Clubhouse, with a workout center, Billiard room, a Library with three computer stations, free Wi-Fi, Meeting rooms, an Arts and Crafts room, Card rooms and a Grand Salon with catering kitchen and serving bar. Outdoor amenities include a heated Resort-style Pool and Spa and two Bocce Ball courts. There is something for everyone, activities include a variety of games like Bunco, Mahjong, Poker, Bridge, Bingo nights, and Bocce games. The Social Committee plans monthly parties and holiday events and there are also lots of social groups within the community. An ideal location and a short distance to Publix, UTC Mall and minutes to downtown Sarasota, the Sarasota / Bradenton Airport.

Last Agent to Sell the Property

Dana Cook Westmark

MICHAEL SAUNDERS & COMPANY License #3032781 Listed on: 12/03/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Donald Geikie

MICHAEL SAUNDERS & COMPANY License #0519647

Last Buyer's Agent

Marco Guadagnini

PREFERRED SHORE LLC License #3356935

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 2003

Lot Details

  • 4,064 Sq Ft Lot
  • Lot Dimensions are 32x127
  • West Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Water Views
  • Pest Guard System

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 14
  • Assessor Parcel Number 2042730259

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, maintenance exterior, ground maintenance, manager, recreational facilities
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Lakeridge Falls Community
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

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, Maintenance Exterior, Maintenance Grounds, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Property Description: End Unit
  • Disaster Mitigation: Above Flood Plain
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1576.00
  • Homestead: Yes
  • Lot Size Acres: 0.09
  • Year Built: 2003
  • Building Area Total: 2215.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485325?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485325?w=Customer
  • Lot Size Sq Ft: 4064
  • Building Search Sq Meters: 205.78
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485325?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Pest Guard System, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Living Area Meters: 146.42

Exterior Features

  • Direction Faces: West
  • Water Access: Lake
  • Exterior Features: Rain Gutters
  • Roof: Tile
  • Water View: Lake
  • Flood Zone Code: X
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081c0319e
  • Water Access: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Public, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Lakeridge Falls
  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Sidewalk
  • Monthly HOA Fees: 300.33
  • Planned Unit Development: Yes
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities
  • 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
  • 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: 2042730259
  • Lot Features: In County, Sidewalk, Street Paved
  • Lot Dimensions: 32x127
  • Lot Size Square Meters: 378

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: Lease restrictions
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2375.00
  • Tax Block: 14
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 20, 2021
Sold by
Weaver Frank C
Bought by
Lagasse Joseph C and Lagasse Judith T
Seller's Agent
Dana Cook Westmark
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marco Guadagnini
PREFERRED SHORE LLC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$369,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,950
Avg. Annual Appreciation
7.24%
Original Mortgage
$125,000
Outstanding Balance
$111,563
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$258,387

Purchase Details

Closed on
Jun 25, 2003
Sold by
Centex Homes
Bought by
Weaver Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lagasse Joseph C $265,000 Attorney
Weaver Frank C $171,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagasse Joseph C $125,000
Previous Owner Weaver Frank C $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $265,000 -1.5% $168 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $269,000 -- $171 / 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 $4,016 $311,813 -- --
2024 $4,016 $303,025 -- --
2023 $3,954 $294,199 $0 $0
2022 $2,407 $285,630 $35,000 $250,630
2021 $2,310 $180,783 $0 $0
2020 $2,375 $178,287 $0 $0
2019 $2,328 $174,279 $0 $0
2018 $2,297 $171,029 $0 $0
2017 $2,129 $167,511 $0 $0
2016 $2,116 $164,066 $0 $0
2015 $2,154 $162,926 $0 $0
2014 $2,154 $161,633 $0 $0
2013 $2,121 $159,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485325

Stellar MLS

APN: 20427-3025-9