$430,000
SOLD DEC 3, 2021

4480 Cinnamon Dr Unit 2408 Sarasota, FL 34238

3 Beds
2 Baths
2,045 Sq Ft
$467/mo HOA Fee

Recently Sold

$210 Per Sq Ft

8% Above List Price

2 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Solid Surface Countertops
  • Riverview High School Rated A
  • End Unit
  • Community Pool

About This Home

As of December 2021

Gorgeous end unit featuring 3BR/2BA, formal dining room, family room, eat-in kitchen area, and living room. This IMMACULATE residence is the largest floor plan in Arielle on Palmer Ranch, has lots of natural light, and backs to a preserve. The spacious master suite has sliders to the lanai, 2 walk in closets, dual sinks, and a garden tub with separate shower. The other 2 bedrooms are located at the front of the unit with one guest room having an ensuite bathroom. The Tamarind floor plan also has a 2 car garage! Newer A/C (2015) and newer washer (2019). This home has never been a rental, and was only seasonally used. Home has not been occupied for last 2 years but was checked every other week. Bring your most discerning buyer to this fantastic Palmer Ranch property and help them make it theirs! Arielle is perfectly located in Sarasota with easy access to the Legacy Trail and TPC Prestancia Championship golf course. Nearby are restaurants, shopping (including Costco), some of America’s best beaches, a public library and a YMCA. The community features include: Gated community w/ deed restrictions, irrigation with reclaimed water, maintenance-free grounds keeping, a community heated pool & spa with cabana and gas grills. Conveniently located within a few minutes to I-75. MOST FURNITURE AVAILABLE BY SEPARATE AGREEMENT.

Last Agent to Sell the Property

Stacey Andrews

ANDREWS & ASSOCIATES REALTY License #3347420 Listed on: 10/05/2021

Co-Listed By

Tony Andrews

ANDREWS & ASSOCIATES REALTY License #3003996

Last Buyer's Agent

Kathleen Griffin

MICHAEL SAUNDERS & COMPANY License #0695134

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,125

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $467 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, sewer, trash, water
  • Lighthouse Mgmt/Brittany Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Arielle On Palmer Ranch Sect 1 Phase 7 Community
  • Arielle On Palmer Ranch Sec 1 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 75 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,125

Year Built

Built in 2005

Lot Details

0

HOA Fees

$467 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2045
  • New Construction: No
  • Year Built: 2005
  • Directions to Property: From McIntosh/Palmer Ranch Pkwy, head north on McIntosh to main entrance of Arielle. Enter thru gate, take a left on Prosperity Circle, then left on Cinnamon Drive to last condo on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513770?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513770?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 1.07769
  • Price per Sq Ft: 210.27
  • Close to Original List Price Ratio: 1.07769
  • View: Yes
  • Co List Office Mls Id: 281502048
  • Co List Office Phone: 941-921-5999
  • Ownership: Condominium
  • Tax Year: 2020
  • 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, Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 4480
  • Room Count: 7
  • Additional Rooms: Family Room, Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Pool, Sidewalk
  • Association Amenities: Gated, Pool
  • Association Name: Lighthouse Mgmt/Brittany
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1402
  • Condo Fees Term: Quarterly
  • Association Website: lighthousemanagement.net
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 467
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5608
  • Total Monthly Fees: 467.33

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0115043308
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 75
  • Minimum Lease: 1 Month
  • Approval Process: See docs
  • Pet Restrictions: Owners shall be permitted to keep two (2) cats, two (2) dogs, or one (1) cat and one (1) dog. Each dog cannot weigh in excess of 75 lbs at maturity. Under no circumstances will a pit bull, or "wolf hybrids" be permitted.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See docs

Tax Info

  • Tax Annual Amount: 3124.76
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 19, 2021
Sold by
Vainio Jorma and Vainio Joanne Marie
Bought by
Wade Brian and Canes Celia
Seller's Agent
Stacey Andrews
ANDREWS & ASSOCIATES REALTY
Buyer's Agent
Kathleen Griffin
MICHAEL SAUNDERS & COMPANY
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.40%
Original Mortgage
$387,000
Outstanding Balance
$359,486
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$34,117

Purchase Details

Closed on
May 5, 2010
Sold by
Mumma Michael
Bought by
Vainio Jorma and Vainio Joanne Marie
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $430,000 Msc Title Inc
Warranty Deed $197,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $387,000 New Conventional
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $399,000 -7.2% $195 / Sq Ft
12/03/2021 12/03/21 Sold $430,000 +7.8% $210 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $399,000 -- $195 / 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 $4,669 $314,700 -- $314,700
2023 $4,669 $343,700 $0 $343,700
2022 $4,760 $354,500 $0 $354,500
2021 $3,209 $217,900 $0 $217,900
2020 $3,125 $207,900 $0 $207,900
2019 $3,377 $231,700 $0 $231,700
2018 $3,246 $222,700 $0 $222,700
2017 $3,397 $221,760 $0 $0
2016 $3,102 $201,600 $0 $201,600
2015 $3,265 $208,600 $0 $208,600
2014 $3,144 $181,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: A4513770

Stellar MLS

APN: 0115-04-3308