NOT LISTED FOR SALE

4467 Cinnamon Dr Unit 2504 Sarasota, FL 34238

Estimated Value: $347,029 - $369,000

2 Beds
2 Baths
1,554 Sq Ft
$321/mo HOA Fee

Last Sold September 26, 2012

Last sale price $203,000 $131 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,423/month

29 Days on Market

Highlights

  • Lake Front
  • Heated Indoor Pool
  • Gated Community
  • Riverview High School Rated A
  • Home fronts a pond
  • Property is near public transit

About This Home

As of September 2012

Immaculate waterfront condo in Desirable Palmer Ranch complex! Come enjoy the 2 bedroom w Den ground floor unit with attached Garage. Home boasts designer paint, gated community, and a maintenance free lifestyle. Waterviews from living room, kitchen and master bedroom. Eat-in space in the kitchen along with breakfast bar and a separate area for formal dining to boot! Lanai faces to the south for a great view of the lake. Lots of storage for all your needs. Community pool and hot tub. Arielle is just off the start of the Legacy Bike Trail and only minutes to Siesta Key Beach and downtown Sarasota. Palmer Ranch shopping, movie theaters, and the YMCA.

Last Agent to Sell the Property

Kenneth Ipox

DOUGLAS ELLIMAN License #3208264 Listed on: 05/03/2012

DOUGLAS ELLIMAN

Last Buyer's Agent

Martie Lieberman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3022744

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, maintenance repairs, private road, recreational facilities, security, sewer, water
  • Lighthouse Property 941 966 6844 Association
  • Arielle On Palmer Ranch Sect 1 Phase 7 Community
  • Arielle On Palmer Ranch Sec 1 Ph 7 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,796

Year Built

Built in 2005

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Private Road, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1554
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1987
  • Directions to Property: From Clark road South onto McIntosh to Arielle on Left side of street.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3959876&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3959876&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8320
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.94463
  • Price per Sq Ft: 130.63
  • Close to Original List Price Ratio: 0.94463
  • Ratio: Current Price\Building Area Total: 102.16
  • View: Yes
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 4467
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Indoor, Salt Water
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Irrigation-Reclaimed Water, Pool
  • Association Amenities: Gated, Maintenance, Spa/Hot Tub
  • Association Fee: 964
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property 941-966-6844
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3856
  • Total Monthly Fees: 321.33

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0115043404
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Sidewalk, Zero Lot Line
  • Millage Rate: 13.15
  • Future Land Use: 0403
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Expected Lease Date: 2012-09-26T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1796
  • Tax Block: 25
  • Tax Book Number: 0037/0009
  • Tax Lot: 2504

Multi Family

  • Waterfront Features: Lake, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Sep 24, 2012
Sold by
Owens Richard M and Owens Ann R
Bought by
Schaub Deborah N and Deborah N Borza Revocable Trust
Seller's Agent
Kenneth Ipox
DOUGLAS ELLIMAN
Buyer's Agent
Martie Lieberman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$203,000
Sold Price
$203,000
Current Estimated Value
$359,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,757
Avg. Annual Appreciation
4.47%
Source: Public Records

Range of Values:

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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
Schaub Deborah N $203,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $203,000 0.0% $131 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $203,000 -- $131 / 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 $2,403 $199,836 -- --
2023 $2,403 $194,016 $0 $0
2022 $2,300 $188,365 $0 $0
2021 $2,254 $182,879 $0 $0
2020 $2,248 $180,354 $0 $0
2019 $2,159 $176,299 $0 $0
2018 $2,008 $165,720 $0 $0
2017 $1,996 $162,311 $0 $0
2016 $1,999 $202,600 $0 $202,600
2015 $2,030 $172,500 $0 $172,500
2014 $2,026 $154,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3959876

Stellar MLS

APN: 0115-04-3404