NOT LISTED FOR SALE

4240 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $351,000 - $377,000

2 Beds
2 Baths
1,576 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $415,000 $263 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,573/month

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Active Adult
  • Lake View
  • Florida Architecture

About This Home

As of May 2022

Desirable 2BR plus den end unit with partial lake views in pristine Lakeridge Falls! Carpet free home with tile and bamboo style flooring, eat-in kitchen with corian counters and stainless steel refrigerator, gas stove, and microwave. Great room with surround sound and built-in entertainment center. Bamboo fans in master bedroom, lanai, and great room. Master bedroom has 2 closets with a walk-in shower and dual vanities in the master bath. Solar tubes in utility room, kitchen, and master bedroom. Peaceful lake views from the lanai with glass and screened sliders. One year home warranty to be provided by seller. Lakeridge Falls is a 55+, 24 hour manned gated community with 16 scenic lakes, pristine grounds, and extensive paved walking paths. Recently renovated clubhouse with a variety of activities, fitness room, yoga/stretch classes, kitchen, billiard room, computer stations, library, heated resort style pool and spa, and bocce ball courts. Convenient to UTC mall, Benderson rowing facility and park, Ringling museum and Asolo theater, SRQ airport, numerous restaurants, and 15-20 minutes to Lido beach and Sarasota/Bradenton downtowns.

Last Agent to Sell the Property

Andy Podolak

COLDWELL BANKER SARASOTA CENT. License #0542294 Listed on: 04/11/2022

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Rachel Tritschler

RE/MAX ALLIANCE GROUP License #3368249

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 2004

Lot Details

  • 4,064 Sq Ft Lot
  • Lot Dimensions are 32x127
  • Northwest Facing Home
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Inside Utility
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance, private road, recreational facilities
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Built by Centex Homes
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1C Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,815

Year Built

Built in 2004

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1576
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2215
  • Lot Size Sq Ft: 4064
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4531258?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4531258?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.0388
  • Price per Sq Ft: 263.32
  • Close to Original List Price Ratio: 1.0388
  • Ratio: Current Price\Building Area Total: 187.36
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Florida Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Paved, Asphalt, Concrete
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Special Community Restrictions
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 926
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • 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: 3704
  • Monthly HOA Fee: 308.67
  • Total Monthly Fees: 308.67

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042732209
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 32x127
  • Flood Zone Code: X

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Building Info

  • Builder Name: Centex Homes

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: Application form and $100 fee. One time capital contribution fee of $1000 due at closing.
  • Num Timesper Year: 1
  • Pet Restrictions: See association documents.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See association documents on lakeridgefalls.org.

Tax Info

  • Tax Annual Amount: 1815
  • Tax Block: 23
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 19, 2022
Sold by
Sharon F Dunn Revocable Living Trust
Bought by
Lowenstein Christopher and Lowenstein Gina
Seller's Agent
Andy Podolak
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Rachel Tritschler
RE/MAX ALLIANCE GROUP
List Price
$399,500
Sold Price
$415,000
Premium/Discount to List
$15,500
3.88%
Current Estimated Value
$363,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,058
Avg. Annual Appreciation
-3.74%
Original Mortgage
$215,000
Outstanding Balance
$204,245
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$159,697

Purchase Details

Closed on
May 14, 2021
Sold by
Dunn Sharon F
Bought by
Dunn Sharon F and The Sharon F Dunn Revocable Li

Purchase Details

Closed on
Mar 17, 2017
Sold by
Vogt John A and Vogt Jean
Bought by
Dunn Sharon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2004
Sold by
Centex Homes
Bought by
Vogt John A and Vogt Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,181
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lowenstein Christopher $415,000 King Title
Dunn Sharon F -- Accommodation
Dunn Sharon F $283,000 Alliance Group Title Llc
Vogt John A $192,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenstein Christopher $215,000
Previous Owner Dunn Sharon F $180,000
Previous Owner Vogt John A $154,181
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $415,000 +3.9% $263 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $399,500 -- $253 / 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 $4,205 $319,990 -- --
2024 $4,205 $310,972 -- --
2023 $4,144 $301,915 $0 $0
2022 $1,834 $147,554 $0 $0
2021 $1,742 $143,256 $0 $0
2020 $1,786 $141,278 $0 $0
2019 $1,746 $138,102 $0 $0
2018 $1,719 $135,527 $0 $0
2017 $3,263 $203,084 $0 $0
2016 $1,760 $197,277 $0 $0
2015 $3,043 $166,611 $0 $0
2014 $3,043 $179,556 $0 $0
2013 $2,793 $163,847 $17,900 $145,947
Source: Public Records

Agents Affiliated with this Home

  • Andy Podolak

    Seller's Agent in 2022

    Andy Podolak

    COLDWELL BANKER SARASOTA CENT.

    (941) 228-0469

    8 in this area

    20 Total Sales

    Andy Podolak
    Section Image
  • Rachel Tritschler

    Buyer's Agent in 2022

    Rachel Tritschler

    RE/MAX

    (941) 993-5892

    14 in this area

    257 Total Sales

    Rachel Tritschler
    Section Image
  • Richard Tritschler

    Buyer Co-Listing Agent in 2022

    Richard Tritschler

    RE/MAX

    (941) 928-1292

    12 in this area

    296 Total Sales

    Richard Tritschler
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4531258

Stellar MLS

APN: 20427-3220-9

Florida Manatee County Sarasota 34243

4240 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.

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

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