NOT LISTED FOR SALE

4483 Cinnamon Dr Unit 2602 Sarasota, FL 34238

Estimated Value: $342,658 - $394,000

2 Beds
2 Baths
1,638 Sq Ft
$321/mo HOA Fee

Last Sold July 24, 2014

Last sale price $210,000 $128 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,588/month

49 Days on Market

Highlights

  • Lake Front
  • Access To Lake
  • Home fronts a pond
  • Riverview High School Rated A
  • Saltwater Pool
  • Gated Community

About This Home

As of July 2014

Short Sale. Don't miss this ground level, light & bright 2Bdrm/2Bath lakefront condo in a gated Palmer Ranch community! A private courtyard entry leads to the foyer with full lake views as you enter. To the left, French doors open to the den which can be used as a guest room or home office. Open floor plan which has a separate dining room with an eat-in kitchen which opens to the great room. North/South exposure with spectacular lake views from the great room, kitchen, & master bedroom with 3 sets of sliders providing access to the screened lanai & tranquil waterfront setting. Tile flooring in living areas with carpeting in the bedrooms & den. The interior laundry room leads out to the 1-car garage. Just a short stroll to the community heated pool & spa. Great Palmer Ranch location & amenities: excellent schools, quick access to the Legacy Trail, and a few minutes to the YMCA, Westfield Sarasota Square Mall & theaters, Costco, restaurants and Siesta Key Beach, voted #1 in America in 2012. Easy access to US 41 and I-75.

Last Agent to Sell the Property

Steven Dutoit

SARASOTA REALTY SOLUTIONS License #0486678 Listed on: 12/05/2013

Last Buyer's Agent

Brett Kaplan

OPTIMUS CREIA License #3248435

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Inside Utility
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Saltwater Pool
  • Access To Lake
  • Access To Pond
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Arielle On Palmer Ranch Sec 2 Ph 7 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,101

Year Built

Built in 2005

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1638
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2090
  • Directions to Property: From Clark Rd drive South on McIntosh Rd; turn left at Cinnamon Drive entrance to Arielle. Home is on right. Gate Code is Required
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3988883&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3988883&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8320
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 128.21
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 100.48
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 4483
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Salt Water
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake, Pond
  • Water Access: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool
  • Association Amenities: Gated, Maintenance, Security, Spa/Hot Tub
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 964
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 321
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0115043502
  • Additional Parcels: No
  • Lot Features: In County, Zero Lot Line
  • Millage Rate: 13.39
  • Future Land Use: 0403
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 75
  • Pet Restrictions: Not to exceed 75lbs
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 2101
  • Tax Block: 26
  • Tax Book Number: 0037/0009
  • Tax Lot: 2602

Multi Family

  • Waterfront Features: Lake, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jul 24, 2014
Sold by
Gross Sandra
Bought by
Demarchis John and Demarchis Ronalee
Seller's Agent
Steven Dutoit
SARASOTA REALTY SOLUTIONS
Buyer's Agent
Brett Kaplan
OPTIMUS CREIA
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$364,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,915
Avg. Annual Appreciation
5.04%
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
Demarchis John $210,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2014 07/24/14 Sold $210,000 0.0% $128 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $210,000 0.0% $128 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
12/05/2013 12/05/13 For Sale $210,000 -- $128 / 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 $4,058 $281,640 -- --
2023 $4,058 $336,900 $0 $336,900
2022 $3,718 $306,200 $0 $306,200
2021 $3,056 $211,600 $0 $211,600
2020 $2,980 $202,300 $0 $202,300
2019 $2,940 $202,400 $0 $202,400
2018 $2,874 $198,600 $0 $198,600
2017 $2,979 $203,400 $0 $203,400
2016 $3,056 $206,500 $0 $206,500
2015 $2,844 $182,900 $0 $182,900
2014 $2,105 $159,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3988883

Stellar MLS

APN: 0115-04-3502