NOT LISTED FOR SALE

4451 Kariba Lake Terrace Sarasota, FL 34243

Estimated Value: $353,491 - $390,000

2 Beds
2 Baths
1,511 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $379,000 $251 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,484/month

43 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Clubhouse
  • Active Adult
  • Community Lake
  • Community Pool

About This Home

As of October 2024

This Victoria Falls paired Villa home in a serene over-55 community, is a perfect blend of comfort and elegance, designed to cater to your lifestyle needs. Clubhouse: A state-of-the-art clubhouse offering various activities, social events, and amenities such as a community room, fitness center, and gorgeous heated pool. Architecture: Charming, single-story design with a contemporary flair.
Living Area: Open-concept living room with high ceilings, large Impact Glass windows that flood the space with natural light, and easy care flooring. The living area is perfect for entertaining guests or enjoying a quiet evening in.
Kitchen: A modern, gourmet kitchen featuring granite countertops, white cabinetry, and a cozy breakfast nook that overlooks the garden.
Laundry: A separate laundry room with front loading washer and dryer, built-in cabinetry, and a utility sink. A/C and all Plumbing has been under Semi Annual Service contract. Hot Water Heater 2023, Dishwasher 2023, Range 2023, Disposal 2022.
Bedrooms: Two spacious bedrooms and generous closet space. The master suite includes a walk-in closet and en-suite bathroom.
Bathrooms: Two well-appointed bathrooms, including the master en-suite with a walk-in shower, and double vanity. The guest bathroom is conveniently located near the second bedroom and common areas.
Office/Den: A versatile room that can be used as a home office, library, or craft room. Large Desk included!
Patio: A spacious, covered patio area with panoramic screening ideal for outdoor dining, morning coffee, or simply enjoying the peaceful surroundings. Garage: Attached two-car garage with ample storage space and direct access to the home. Garden tools included. Low Maintenance: HOA fees cover exterior maintenance of roof and sidewalks, landscaping, and access to community amenities.
Security: Gated entrance with 24-hour security for peace of mind. Excellent Community Manager!
Landscaping: Meticulously maintained, with lush greenery, colorful flower beds, and mature trees providing shade and privacy.
Pet-Friendly: The community is pet-friendly, with lots of sidewalks for walking your dog and meeting your neighbors.
Additional Perks! Conveniently located in proximity to shopping centers, medical facilities, restaurants, and downtown Sarasota cultural events!
Come and see this fabulous Villa for your exclusive showing!

Last Agent to Sell the Property

Kathryn Cooper

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3027500 Listed on: 08/13/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Drew Russell

MICHAEL SAUNDERS & COMPANY License #3108183

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 2003

Lot Details

  • 5,127 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Property is zoned PDMU

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Villa
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,511 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Den

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, private road, recreational facilities, security
  • Oded Neeman Association, Phone Number (941) 360-1066
  • Visit Association Website
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1B Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 2003

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1511
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1720
  • Lot Size Sq Ft: 5127
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 250.83
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: End Unit,Walk-Up
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Storage Closet
  • MFR_BedroomClosetType: Linen Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 140.38

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Lighting, Private Mailbox, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Pool, Security, Tennis Court(s)
  • Association Fee: 1081
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1066
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Must be on Leash.
  • Association Fee Requirement: Required
  • Association Email: propertymanager@lakeridgefalls.org
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: www.lakeridgefalls.org
  • Management: Full Time

Fee Information

  • Total Annual Fees: 4324.00
  • Total Monthly Fees: 360.33
  • Monthly HOA Amount: 360.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042724909
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Flood Zone Code: x

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must submit application and be approved.

Tax Info

  • Tax Annual Amount: 2526.01
  • Tax Block: J
  • Tax Lot: 25

Multi Family

  • Approval Process: Submit Application and check for $100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 29, 2024
Sold by
Ratkey Gary and Ratkey Lynn
Bought by
Ratkey Gary and Ratkey Lynn
Seller's Agent
Kathryn Cooper
COLDWELL BANKER REALTY
Buyer's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
List Price
$399,900
Sold Price
$379,000
Premium/Discount to List
-$20,900
-5.23%
Views
25
Current Estimated Value
$364,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,377
Avg. Annual Appreciation
-3.79%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Fant Jerry W and Fant Jeanne E
Bought by
Kasper Martin I and Kasper Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 7, 2003
Sold by
Centex Homes
Bought by
Fant Jerry W and Fant Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,336
Interest Rate
5.24%
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
Ratkey Gary $100 None Listed On Document
Ratkey Gary $100 None Listed On Document
Kasper Martin I $336,000 Fidelity National Title Ins
Fant Jerry W $193,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kasper Martin I $190,000
Previous Owner Fant Jerry W $173,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $379,000 -5.2% $251 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $399,900 -- $265 / 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 $2,578 $358,063 $40,800 $317,263
2024 $2,578 $197,091 -- --
2023 $2,526 $191,350 $0 $0
2022 $2,446 $185,777 $0 $0
2021 $2,330 $180,366 $0 $0
2020 $2,394 $177,876 $0 $0
2019 $2,346 $173,877 $0 $0
2018 $2,314 $170,635 $0 $0
2017 $2,145 $167,125 $0 $0
2016 $2,132 $163,688 $0 $0
2015 $2,145 $162,550 $0 $0
2014 $2,145 $161,260 $0 $0
2013 $2,112 $158,877 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4618708

Stellar MLS

APN: 20427-2490-9