NOT LISTED FOR SALE

4273 Cascade Falls Dr Sarasota, FL 34243

Estimated Value: $316,000 - $375,000

2 Beds
2 Baths
1,391 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $243,000 $175 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,390/month

2 Days on Market

Highlights

  • Active Adult
  • Wood Flooring
  • Community Pool
  • Gated Community
  • Mature Landscaping
  • 2 Car Attached Garage

About This Home

As of April 2018

When you walk through the front door, all you will say is "WOW" - This 2 bedroom plus den villa is the perfect place to call home, whether you are downsizing or just looking to be a snow bird. The sellers have replaced all the kitchen appliances with the newest dark stainless steel, all with extended warranty. The flooring in the great room and den is very high quality laminate, and the bedrooms have all new carpet. The front area as well as the lanai area is screened, to take advantage of the beautiful lake breeze. Lakeridge Falls is one of the most desirable 55+communities around. Walk to Panera's, Publix and more! Near beaches, shopping, and all the conveniences Sarasota is known for. We are a landscaped maintained community, and there is a guard at the gate, 24/7. One look and you will see why this is a great place to call home.

Last Agent to Sell the Property

Leslie Rothschild

BRIGHT REALTY License #3092924 Listed on: 03/17/2018

BRIGHT REALTY

Last Buyer's Agent

Beth M Hocking

FIRST IMPRESSION REALTY FL LLC License #3405009

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 2004

Lot Details

  • 3,937 Sq Ft Lot
  • Mature Landscaping
  • Zero Lot Line
  • Property is zoned PDMU

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,391 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • In Wall Pest System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Rain Gutters

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include community pool, escrow reserves fund, ground maintenance, manager, private road, recreational facilities
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1C Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Planned Unit Development

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,945

Year Built

Built in 2004

Lot Details

0

HOA Fees

$261 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2070
  • Lot Size Sq Ft: 3937
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4213755&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4213755&cview=true&show_results=true&customer_portal=true
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.9763
  • Price per Sq Ft: 174.69
  • Close to Original List Price Ratio: 0.9763
  • Ratio: Current Price\Building Area Total: 117.39
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), In Wall Pest System
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Gas, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Pool, PUD
  • Association Amenities: Gated, Maintenance, Security, Spa/Hot Tub
  • Association Fee: 784
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3136
  • Monthly HOA Fee: 261.33
  • Total Monthly Fees: 261.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042732759
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: $100 application fee. HOA approval
  • Num Timesper Year: 1
  • Pet Restrictions: 2 pets per household. Leash laws
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: minimum 6 months - once per year

Tax Info

  • Tax Annual Amount: 1945
  • Tax Block: 26
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Apr 18, 2018
Sold by
Morris Steven and Morris Debra
Bought by
Wells Thomas J and Wells Soynapa
Seller's Agent
Leslie Rothschild
BRIGHT REALTY
Buyer's Agent
Beth M Hocking
FIRST IMPRESSION REALTY FL LLC
List Price
$248,900
Sold Price
$243,000
Premium/Discount to List
-$5,900
-2.37%
Current Estimated Value
$337,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,981
Avg. Annual Appreciation
4.47%
Original Mortgage
$120,000
Outstanding Balance
$70,578
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$267,403

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 15, 2017
Sold by
Raterrink Bernard J and Raterrink Esther E
Bought by
Morris Steven and Morris Debra
Seller's Agent
Leslie Rothschild
BRIGHT REALTY
Buyer's Agent
Douglas Stickler
COLDWELL BANKER REALTY
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$100,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Centex Homes
Bought by
Raterink Bernard J and Raterink Esther E

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
5.25%
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
Wells Thomas J $243,000 Attorney
Morris Steven $235,000 Sunbelt Title Agency
Raterink Bernard J $187,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Thomas J $120,000
Previous Owner Morris Steven $100,000
Previous Owner Raterink Bernard J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2018 04/16/18 Sold $243,000 -2.4% $175 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $248,900 +5.9% $179 / Sq Ft
06/14/2017 06/14/17 Off Market $235,000 -- --
03/15/2017 03/15/17 Sold $235,000 -1.7% $169 / Sq Ft View Prior Sale
02/06/2017 02/06/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $239,000 -- $172 / 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 $311,093 $30,600 $280,493
2024 $4,207 $311,093 $30,600 $280,493
2023 $4,456 $314,142 $30,600 $283,542
2022 $3,550 $262,472 $30,000 $232,472
2021 $3,408 $215,299 $20,000 $195,299
2020 $3,307 $198,844 $20,000 $178,844
2019 $3,355 $200,272 $25,000 $175,272
2018 $2,653 $193,161 $20,000 $173,161
2017 $1,945 $155,536 $0 $0
2016 $1,932 $152,337 $0 $0
2015 $1,944 $151,278 $0 $0
2014 $1,944 $150,077 $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: A4213755

Stellar MLS

APN: 20427-3275-9