NOT LISTED FOR SALE

8042 Victoria Falls Cir Sarasota, FL 34243

Estimated Value: $385,000 - $441,000

3 Beds
2 Baths
1,686 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $419,900 $249 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,023/month

260 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Active Adult
  • Pond View
  • Community Pool

About This Home

As of May 2024

BEAUTIFULLY REMODELED AND ONE OF KIND LAKE VIEW VILLA LOCATED IN THE 55+ GATED COMMUNITY OF THE HIGHLY COVETED LAKERIDGE FALLS GUARD, GATED COMMUNITY OF SARASOTA! 3 BEDROOM/ 2 BATH/ 2 CAR GARAGE(3RD BEDROOM IS CURRENTLY SETUP AS OFFICE/BONUS ROOM). ENJOY A CUP COFFEE OR GLASS OF WINE ON YOUR SCREENED IN LANAI WHICH OVERLOOKS THE LONG SIDE OF THE POND! THIS VILLA FEATURES A BRAND NEW A/C, FRESH INTERIOR PAINT, CROWN MOLDING THROUGHOUT, NEW LVP FLOORING IN COMMON AREAS AND NEW TILE IN BATHROOMS. OPEN KITCHEN LOOKS OUT TOWARDS LANAI AND POND AND HAS BEEN UPGRADED WITH QUARTZ COUNTER TOPS, NEW BACK SPALSH AND BRAND NEW STAINLESS STEEL APPLIANCES. MASTER BATHROOM HAS BEEN UPDATED AND INCLUDES HIS AND HER SINKS WITH QUARTZ COUNTER TOPS, SHOWER AND A SOAKING TUB. LAKERIDGE FALLS COMMUNITY ALSO HAS ANEWLY RENOVATED AND STATE OF THE ART FITNESS CENTER, HEATED POOL, BOCCI BALL COURT, BILLIARD TABLE, LIBRARY AND WIDE RANGE OF SOCIAL ACTIVITIES. THIS COMMUNITY HAS AN ACTIVITY DIRECTOR AN OFFER CRAFT CLASSES, BINGO AND MORE! CONVENIENTLY LOCATED TO I-75, UNIVERSITY TOWN CENTER MALL, SARASOTA AIRPORT, ENTERTAINMENT & DINING, AND CLOSE TO THE BEACHES!

Last Agent to Sell the Property

Michael Hernandez

GUARDIAN REAL ESTATE SERVICES Brokerage Phone: 813-767-2582 License #3253525 Listed on: 08/26/2023

Last Buyer's Agent

Jennifer Kenna

EXP REALTY, LLC License #3288205

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,215

Year Built

  • Built in 2002

Lot Details

  • 4,587 Sq Ft Lot
  • South Facing Home
  • Property is zoned PDMU

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,686 Sq Ft Home
  • Crown Molding
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1A Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,215

Year Built

Built in 2002

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1686
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2326
  • Lot Size Sq Ft: 4587
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: TAMPA
  • Escrow State: FL
  • Escrow Street Name: W KENNEDY BLVD
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 249.05
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 813-767-2582
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 156.63

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0319E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Natural Gas Available, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK
  • Association Amenities: Fitness Center, Gated, Pool
  • Association Fee: 1045
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pet Restrictions: County Leash Laws Apply - Please see Rules/Regulations for Lakeridge Falls.
  • Association Fee Requirement: Required
  • Association Email: propertymanager@lakeridgefalls.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.lakeridgefalls.org

Fee Information

  • Total Annual Fees: 4180.00
  • Total Monthly Fees: 348.33
  • Monthly HOA Amount: 348.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 20427175590
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Additional Lease Restrictions: Property may be leased one time per year, minimum rental period of 6 months. Please see Rules/Regulations for Lakeridge Falls.

Tax Info

  • Tax Annual Amount: 5215
  • Tax Block: H
  • Tax Lot: 11

Multi Family

  • Approval Process: Approval Process: All Tenants must make application and be approved. Please see Rules/Regulations for Lakeridge Falls.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
May 29, 2024
Sold by
Property Wise Investments Llc
Bought by
Woodward Deanna L and Woodward Robert F
Seller's Agent
Michael Hernandez
GUARDIAN REAL ESTATE SERVICES
Buyer's Agent
Jennifer Kenna
EXP REALTY, LLC
List Price
$450,000
Sold Price
$419,900
Premium/Discount to List
-$30,100
-6.69%
Views
148
Current Estimated Value
$413,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,721
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
May 2, 2023
Sold by
Schwoy Illona and Oliver Ken
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
May 30, 2002
Sold by
Centex Homes
Bought by
Schwoy Hans and Schwoy Illona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.92%
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
Woodward Deanna L $419,900 Peer Title
Reverse Mortgage Funding Llc $390,000 --
Schwoy Hans $193,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwoy Hans $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $419,900 0.0% $249 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $419,900 -2.3% $249 / Sq Ft
04/04/2024 04/04/24 Price Changed $429,900 -2.3% $255 / Sq Ft
03/19/2024 03/19/24 Price Changed $439,900 -2.2% $261 / Sq Ft
02/21/2024 02/21/24 For Sale $450,000 +7.2% $267 / Sq Ft
01/08/2024 01/08/24 Off Market $419,900 -- --
01/08/2024 01/08/24 Pending -- -- --
11/09/2023 11/09/23 Price Changed $450,000 -3.2% $267 / Sq Ft
10/28/2023 10/28/23 Price Changed $465,000 -2.1% $276 / Sq Ft
10/03/2023 10/03/23 Price Changed $475,000 -3.0% $282 / Sq Ft
09/20/2023 09/20/23 Price Changed $489,900 -2.0% $291 / Sq Ft
08/26/2023 08/26/23 For Sale $499,900 -- $297 / 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 $6,017 $348,647 -- --
2024 $6,017 $392,632 $45,900 $346,732
2023 $5,877 $392,819 $45,900 $346,919
2022 $5,215 $329,823 $45,000 $284,823
2021 $2,458 $199,776 $0 $0
2020 $2,524 $197,018 $0 $0
2019 $2,471 $192,588 $0 $0
2018 $2,437 $188,997 $0 $0
2017 $2,249 $185,110 $0 $0
2016 $2,234 $181,303 $0 $0
2015 $2,251 $180,043 $0 $0
2014 $2,251 $178,614 $0 $0
2013 $2,222 $175,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3468696

Stellar MLS

APN: 20427-1755-9