NOT LISTED FOR SALE

4263 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $321,000 - $374,000

2 Beds
2 Baths
1,391 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $425,000 $306 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,313/month

1 Day on Market

Highlights

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

About This Home

As of May 2023

Welcome home to one of Sarasota’s best kept secrets! Located in the sought-after active 55+ community of Lakeridge Falls, this immaculate 2 bedroom plus den villa offers maintenance-free living. The foyer welcomes you with tile flooring and an arched entry leading into the open concept floorplan. Located to the left of the entry and offering privacy from the rest of the home, sits the den with French doors. The kitchen is fit for a gourmet chef with 42’ solid-painted cabinetry with crown molding and soft closing drawers, granite countertops, Samsung stainless appliances with gas range, and a breakfast bar for casual dining. Generous living space with lake views, 9’ ceilings throughout, and neutral tile flooring. The combined living and dining room provides for easy entertaining and flows seamlessly into the enclosed Florida room offering additional living space and beautiful, private lake views. Owners planted trees behind the Florida Room for additional privacy and extended the paver area. An arched entry leads to the master suite with large walk-in closet and sliding glass doors to the Florida Room. The en-suite bathroom features a dual vanity and a tile walk-in shower. A split bedroom floorplan for added privacy makes the 2nd bedroom and bathroom perfect for guest. Lakeridge Falls is a 24-hour gated, 55+ community located just north of University Parkway and offers ample amenities including: a clubhouse that was recently renovated, grand salon, fitness center, kitchen area, billiards room, library, computer stations, heated resort-style pool and spa, two bocce ball courts and an active events calendar. The community is located on 170 acres with 16 scenic lakes, a preserve area, flourishing grounds and extensive paved walking paths. Conveniently located within walking distance to shopping plazas, restaurants, banks, grocery stores and more. Just 15 minutes from the beautiful beaches of Lido Key and Siesta Key, and some of the most popular attractions Sarasota has to offer – world-class dining, fine shopping, cultural activities and entertainment, SRQ International Airport and UTC Mall. Live an exceptional lifestyle on Florida’s Gulf Coast.

Last Agent to Sell the Property

Elizabeth Van Riper

MICHAEL SAUNDERS & COMPANY License #3287972 Listed on: 02/15/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Susan McDavit

FINE PROPERTIES License #3258097

FINE PROPERTIES

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Irrigation

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 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
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Lake Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, pool, ground maintenance, recreational facilities, security, sewer
  • Dr. Paul Urbanie Association, Phone Number (941) 360-1046
  • Lakeridge Falls Community
  • Lakeridge Falls Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

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

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,375

Year Built

Built in 2004

Lot Details

0

HOA Fees

$328 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Grounds, Recreational Facilities, Security, Sewer
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1391
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2070
  • Status: Sold
  • Ownership: Co-op
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 305.54
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 129.23

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • 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
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks
  • Association Amenities: Fitness Center, Gated, Lobby Key Required, Park, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 984
  • Association Fee Frequency: Quarterly
  • Association Name: Dr. Paul Urbanie
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Security System
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: propertymanager@lakeridgefalls.org

Fee Information

  • Total Annual Fees: 3936.00
  • Total Monthly Fees: 328.00
  • Monthly HOA Amount: 328.00

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042732559
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 31x127
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Application required.

Tax Info

  • Tax Annual Amount: 2375
  • Tax Block: 25
  • Tax Lot: 3

Multi Family

  • Approval Process: Application approval. $100 fee. See attached application. A credit and criminal background check is part of process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Mcdavit Susan J
Bought by
Susan J Mcdavit Trust and Mcdavit
Current Estimated Value
$345,934

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 1, 2023
Sold by
Joanne Sawyer Trust
Bought by
Mcdavit Susan J
Seller's Agent
Elizabeth Van Riper
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Susan McDavit
FINE PROPERTIES
List Price
$425,000
Sold Price
$425,000
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.93%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Sawyer Joanne
Bought by
Sawyer Joanne

Purchase Details

Listed on
Nov 25, 2012
Closed on
Jun 24, 2013
Sold by
Cravens Kathy and Conna Kathy
Bought by
Sawyer Joanne
Seller's Agent
Michael Grant
DREAMIFY REAL ESTATE LLC
Buyer's Agent
Laura Brooks
ALLISON JAMES ESTATES & HOMES
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$186,558
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2006
Sold by
Conna Steven
Bought by
Conna Steven and Conna Kathy

Purchase Details

Closed on
Apr 19, 2004
Sold by
Centex Homes
Bought by
Conna Steven and Conna Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.38%
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
Susan J Mcdavit Trust $100 None Listed On Document
Mcdavit Susan J $425,000 Integrity Title
Sawyer Joanne -- Attorney
Sawyer Joanne $190,000 Attorney
Conna Steven -- None Available
Conna Steven $191,300 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sawyer Joanne $186,558
Previous Owner Conna Steven $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $425,000 0.0% $306 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $425,000 +123.7% $306 / Sq Ft
06/26/2013 06/26/13 Sold $190,000 -2.5% $137 / Sq Ft View Prior Sale
05/11/2013 05/11/13 Pending -- -- --
04/30/2013 04/30/13 Price Changed $194,900 -2.1% $140 / Sq Ft
02/21/2013 02/21/13 Price Changed $199,000 -2.0% $143 / Sq Ft
02/13/2013 02/13/13 Price Changed $203,000 -3.3% $146 / Sq Ft
11/24/2012 11/24/12 For Sale $210,000 -- $151 / 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 $1,985 $175,126 -- --
2024 $1,985 $170,190 -- --
2023 $2,452 $188,465 $0 $0
2022 $2,375 $182,976 $0 $0
2021 $2,263 $177,647 $0 $0
2020 $2,326 $175,194 $0 $0
2019 $2,280 $171,255 $0 $0
2018 $2,250 $168,062 $0 $0
2017 $2,084 $164,605 $0 $0
2016 $2,071 $161,219 $0 $0
2015 $2,244 $160,098 $0 $0
2014 $2,244 $168,669 $0 $0
2013 $1,914 $147,859 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4560716

Stellar MLS

APN: 20427-3255-9