NOT LISTED FOR SALE

4206 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $306,000 - $358,000

2 Beds
2 Baths
1,391 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $385,000 $277 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,420/month

32 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Active Adult
  • Lake View
  • Sun or Florida Room

About This Home

As of August 2022

Back on Market due to change in buyers' circumstances. Wonderfully updated villa in this active 55-and-over community, featuring 2 bedrooms, 2 bathrooms, bonus office/sitting room, and sun room/Florida room. Fresh, neutral paint, new laminate flooring and carpet, and updated lighting throughout make this space bright and welcoming. Leaded glass front door and three skylights also contribute to the open and airy feel. The kitchen has been updated with granite countertops and tile backsplash and has room for barstools, if desired. The dining area flows into the den, with views out to the lake beyond the sun room. The master suite, which also features sun room access, has a generously-sized walk-in closet and updated bath with dual sinks. Additional storage is available in the kitchen pantry and the large storage closet in the garage. The washer/dryer is enclosed in a dedicated closet near the 2nd bedroom. This villa is a short walk from the newly updated clubhouse, where the fitness center, game room, and heated pool/spa are located. Walking paths and multiple lakes beckon outdoor living. This community, which is conveniently located to the shops and restaurants on University Parkway, is also less than a 15 minute drive to the Ringling Museum and SRQ airport and only 25 minutes to St. Armand's Circle and the beaches. Enjoy resort-style living while being close to all this vibrant area has to offer. Please see note in Driving Directions regarding gate access.

Last Agent to Sell the Property

Susan Baldwin

SMITH & ASSOCIATES REAL ESTATE License #3028369 Listed on: 06/01/2022

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

Mimi Preciado

FUTURE HOME REALTY INC License #697554

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 2003

Lot Details

  • 3,938 Sq Ft Lot
  • Lot Dimensions are 31x127
  • North Facing Home
  • Property is zoned PDMU

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, pool, ground maintenance, management, recreational facilities
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1C Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 2003

Lot Details

0

HOA Fees

$308 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Grounds, Management, Pool, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 3938
  • Status: Sold
  • Co List Office Mls Id: MFR773203
  • Co List Office Phone: 813-875-3700
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 276.78
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Skylight(s), Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 129.23

Exterior Features

  • Direction Faces: North
  • Exterior Features: Private Mailbox, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Other, Trail(s)
  • Association Fee: 925
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See http://www.lakeridgefalls.org/wp-content/uploads/2017/05/Rules-and-Regulations.pdf for pet restrictions
  • Association Fee Requirement: Required
  • Association Email: propertymanager@lakeridgefalls.org
  • Association URL: www.lakeridgefalls.org

Fee Information

  • Total Annual Fees: 3700.00
  • Total Monthly Fees: 308.33
  • Monthly HOA Amount: 308.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042730909
  • Additional Parcels: No
  • Lot Dimensions: 31x127
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See www.lakeridgefalls.org for additional restrictions

Tax Info

  • Tax Annual Amount: 3377.64
  • Tax Block: 17
  • Tax Lot: 2

Multi Family

  • Approval Process: Buyers and renters must be approved by association. Application fee of $100 per person or married couple required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 5, 2022
Sold by
Mary Keller
Bought by
Hernandez Gilbert
Seller's Agent
Susan Baldwin
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Mimi Preciado
FUTURE HOME REALTY INC
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%
Current Estimated Value
$334,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,104
Avg. Annual Appreciation
-4.22%
Original Mortgage
$371,784
Outstanding Balance
$356,274
Interest Rate
5.81%
Mortgage Type
VA
Estimated Equity
-$21,378

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 19, 2021
Sold by
Siegel Diana A
Bought by
Keller Mary and Keeler Robin Micheli
Seller's Agent
John C Sciara
CHROME REALTY LLC
Buyer's Agent
Kelly Baldwin
COLDWELL BANKER REALTY
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.10%
Original Mortgage
$50,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 18, 2020
Sold by
Gardner Daniel G and Gardner Christine A
Bought by
Siegel Diana A
Seller's Agent
Agnes Cameron
COLDWELL BANKER REALTY
Buyer's Agent
John C Sciara
CHROME REALTY LLC
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 17, 2020
Sold by
Gardner Daniel G and Chergi Christine A
Bought by
Siegel Diana A
Seller's Agent
Agnes Cameron
COLDWELL BANKER REALTY
Buyer's Agent
John C Sciara
CHROME REALTY LLC
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Masters Janet G
Bought by
Gardner Daniel G and Chergi Christine A

Purchase Details

Closed on
Aug 13, 2010
Sold by
Lezotte Sherry A
Bought by
Gardner Daniel G and Chergi Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Centex Homes
Bought by
Lezotte William E and Lezotte Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,850
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Hernandez Gilbert $385,000 Barnes Walker Title
Keller Mary $300,000 Attorney
Siegel Diana A $259,900 Gulf Breeze Title
Siegel Diana A $259,900 Gulf Breeze Ttl Of Sarasota
Gardner Daniel G $61,800 Attorney
Gardner Daniel G $179,000 Attorney
Lezotte William E $180,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Gilbert $371,784
Previous Owner Keller Mary $50,000
Previous Owner Siegel Diana A $100,000
Previous Owner Siegel Diana A $100,000
Previous Owner Gardner Daniel G $130,000
Previous Owner Lezotte William E $120,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $385,000 +1.3% $277 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $380,000 0.0% $273 / Sq Ft
06/27/2022 06/27/22 For Sale $380,000 +4.1% $273 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $365,000 +21.7% $262 / Sq Ft
11/19/2021 11/19/21 Sold $300,000 0.0% $216 / Sq Ft View Prior Sale
09/21/2021 09/21/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $300,000 0.0% $216 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $300,000 +15.4% $216 / Sq Ft
09/18/2020 09/18/20 Sold $259,900 0.0% $187 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $259,900 -- $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 $4,207 $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 $2,637 $200,427 $0 $0
2021 $3,378 $213,243 $20,000 $193,243
2020 $3,307 $198,844 $20,000 $178,844
2019 $3,355 $200,272 $25,000 $175,272
2018 $3,245 $191,358 $20,000 $171,358
2017 $3,056 $192,493 $0 $0
2016 $2,930 $187,211 $0 $0
2015 $2,814 $153,644 $0 $0
2014 $2,814 $164,461 $0 $0
2013 $2,599 $150,964 $17,900 $133,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3375339

Stellar MLS

APN: 20427-3090-9