$290,000
SOLD DEC 8, 2020

4343 Kariba Lake Terrace Sarasota, FL 34243

2 Beds
2 Baths
1,642 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • 34 Feet of Waterfront
  • Oak Trees
  • Gated Community
  • Fitness Center
  • Senior Community
  • Lake View

About This Home

As of December 2020

Fully Furnished and Maintenance Free gorgeous 2 bedroom, 2 bathroom home plus den/office sapce with a LOVELY LAKE view located in the active and friendly 55 plus neighborhood of Lakeridge Falls. This home comes with brand new furniture valued at $15,000+. This guarded (includes 24-hour manned security) and gated community has an excellent location - just minutes away from downtown Sarasota, beaches, the UTC mall, restaurants, hospitals, Nathan Benderson Park, the Ringling Museum, Sarasota/Bradenton Airport and much more. Aside from a great location, the Lakeridge Falls community offers a roster of amazing amenities and recreational choices including a geo-thermally heated community pool, a fitness center, a spa, a club room where you can enjoy billiards, bocce ball, bridge, cards and more.

Last Agent to Sell the Property

Adrian Alanis

THE ORANGE REAL ESTATE GROUP License #3297706 Listed on: 10/16/2020

Last Buyer's Agent

Michael Graf

COLDWELL BANKER SARASOTA CENT. License #3438784

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 2002

Lot Details

  • 5,358 Sq Ft Lot
  • 34 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $266 Monthly HOA Fees

Parking

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

Home Design

  • Spanish Architecture
  • Villa
  • Property Attached
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,642 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • In Wall Pest System

Outdoor Features

  • Access To Lake
  • Deck
  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, ground maintenance, manager, private road, recreational facilities
  • Argus Management / Oded Neeman Association, Phone Number (941) 360-1045
  • Visit Association Website
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1B Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions
  • Large pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,905

Year Built

Built in 2002

Lot Details

0

HOA Fees

$266 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Grounds, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1642
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2276
  • Lot Size Sq Ft: 5358
  • Directions to Property: Take University Parkway to north on Tuttle. Lakeridge Falls will be on your right just past shopping center. Stop at guard gate, present card and go to the 3rd left (Victoria Falls) then turn left again onto KaribaLake Ter. The home will be on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481089?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481089?w=Customer
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.9699
  • Price per Sq Ft: 176.61
  • Close to Original List Price Ratio: 0.9699
  • Ratio: Current Price\Building Area Total: 127.42
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, In Wall Pest System, Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 4343
  • Room Count: 8
  • Additional Rooms: Bonus Room, Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E
  • Waterfront Frontage: 34
  • Water Frontage Feet Lake: 34
  • 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: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Security, Vehicle Restrictions
  • Association Fee: 797
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Management / Oded Neeman
  • Phone: 941-360-1045
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Smoke Detector(s)
  • Senior Community: Yes
  • Association Website: https://argusmgmt.com/lakeridge-falls/
  • Association Email: propertymanager@lakeridgefalls.org
  • S W Subdiv Condo Num: 999
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3188
  • Monthly HOA Fee: 265.67
  • Total Monthly Fees: 265.67

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042723759
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Breed Restrictions, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: Application must be submitted for approval. There is a $100.00 application fee.
  • Num Timesper Year: 1
  • Pet Restrictions: No vicious breeds. Pets must be on leash.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 6 Months, one time a year.

Tax Info

  • Tax Annual Amount: 3905
  • Tax Block: J
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 7, 2020
Sold by
Defigueroa Olga Vitalia Mendez
Bought by
Kreer Mark and Kreer Inna
Seller's Agent
Adrian Alanis
THE ORANGE REAL ESTATE GROUP
Buyer's Agent
Michael Graf
COLDWELL BANKER SARASOTA CENT.
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$418,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,691
Avg. Annual Appreciation
8.86%

Purchase Details

Listed on
May 10, 2017
Closed on
Sep 22, 2017
Sold by
Stepulla Matthew J
Bought by
Figueroa Olga Vitalia Mendez De
Seller's Agent
Carol White
SUNSET REALTY
Buyer's Agent
Adrian Alanis
THE ORANGE REAL ESTATE GROUP
List Price
$298,000
Sold Price
$250,000
Premium/Discount to List
-$48,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Centex Homes
Bought by
Shanos Diane W
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 Attorney
Personal Reps Deed $250,000 Attorney
Warranty Deed $250,000 Attorney
Warranty Deed $186,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $290,000 -3.0% $177 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $299,000 0.0% $182 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $299,000 +19.6% $182 / Sq Ft
08/17/2018 08/17/18 Off Market $250,000 -- --
09/22/2017 09/22/17 Sold $250,000 -16.1% $152 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $298,000 -- $181 / 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
2024 $4,594 $346,014 -- --
2023 $4,522 $335,936 $0 $0
2022 $4,567 $326,151 $45,000 $281,151
2021 $3,801 $239,201 $40,000 $199,201
2020 $3,730 $223,564 $40,000 $183,564
2019 $3,905 $232,824 $40,000 $192,824
2018 $3,881 $228,967 $40,000 $188,967
2017 $3,592 $221,692 $0 $0
2016 $2,386 $179,950 $0 $0
2015 $2,402 $178,699 $0 $0
2014 $2,402 $177,281 $0 $0
2013 $2,366 $174,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481089

Stellar MLS

APN: 20427-2375-9