NOT LISTED FOR SALE

8127 Victoria Falls Cir Sarasota, FL 34243

Estimated Value: $376,000 - $447,000

2 Beds
2 Baths
1,642 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $501,000 $305 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,988/month

2 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Fishing
  • Gated Community
  • Fitness Center
  • Active Adult
  • Lake View

About This Home

As of April 2022

Lake views abound from this rarely available, lakefront, paired villa in the highly sought-after LakeRidge Falls. This larger floor plan boasts two bedrooms plus a den/office, two full baths and a two-car garage. Gorgeous lake views surround the backyard with lush and well-maintained landscaping that welcomes you home as you walk through a covered entry and private foyer. Lovely ceramic tile floors grace the main living areas. The open eat-in kitchen includes lovely cabinetry, Corian countertops, newer appliances and a breakfast bar. The owner's suite has ample space with dual closets, a dual sink vanity, an expansive walk-in shower and a luxurious soaking tub. Your guests will appreciate their private bedroom quarters with a private hallway and access to the second bath. The roomy office/den could be converted to a third bedroom with the addition of a closet. The side-entrance two-car garage has plenty of space for additional storage. Don’t miss the spacious laundry room with shelving and laundry tub. Enjoy the beverage of your choice in the screened patio while taking in the gorgeous lake and wildlife views. LakeRidge Falls has it all! Miles of walking trails and safe biking within this beautifully maintained, gated, active, 55-plus community. The newly remodeled clubhouse includes a heated pool, spa, fitness center, activity director, card room, billiards, arts and craft classes, water aerobics, bingo, table tennis and bocce courts. The community is within a few short miles to A-plus medical facilities, The Mall at University Town Center, airport, shopping, dining, beaches and downtown. Make your Florida dream come true and make your offer now!

Last Agent to Sell the Property

Liz Arme

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3056405 Listed on: 02/25/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Mary Romac

COMPASS FLORIDA LLC License #3465939

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 2002

Lot Details

  • 5,946 Sq Ft Lot
  • 58 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Irrigation
  • Landscaped with Trees
  • Land Lease expires 3/31/22
  • Property is zoned PDMU

HOA Fees

  • $318 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,642 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Lake Views
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance, recreational facilities
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Lakeridge Falls Community
  • Lakeridge Falls Ph 1A Subdivision
  • On-Site Maintenance
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,806

Year Built

Built in 2002

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1642
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2283
  • Lot Size Sq Ft: 5946
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4526488?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4526488?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.20723
  • Price per Sq Ft: 305.12
  • Close to Original List Price Ratio: 1.20723
  • Ratio: Current Price\Building Area Total: 219.45
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Concrete
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E
  • Waterfront Frontage: 58
  • Water Frontage Feet Lake: 58
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • 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, Fishing, Gated Community, Pool, Sidewalk
  • Association Amenities: Cable TV, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security
  • Association Fee: 955
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Security Gate
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3820
  • Monthly HOA Fee: 318.33
  • Total Monthly Fees: 318.33

Schools

  • Elementary School: Kinnan Elementary
  • High School: Southeast High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042718509
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • Land Lease Expiration Date: 2022-03-31

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Verify with HOA
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: See HOA Doc

Tax Info

  • Tax Annual Amount: 3806
  • Tax Block: I
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 7, 2022
Sold by
Faris Nancy J
Bought by
Ragus George A and Ragus Lori A
Seller's Agent
Liz Arme
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Mary Romac
COMPASS FLORIDA LLC
List Price
$415,000
Sold Price
$501,000
Premium/Discount to List
$86,000
20.72%
Current Estimated Value
$413,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,764
Avg. Annual Appreciation
-5.27%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Suied Roger and Suied Beverly
Bought by
Faris Nancy J and Werner Walter A

Purchase Details

Closed on
Jul 9, 2002
Sold by
Centex Homes
Bought by
Suied Roger M and Suied Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ragus George A $501,000 Moriarty Law Firm Pa
Faris Nancy J $195,000 Sunbelt Title Agency
Suied Roger M $184,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suied Roger M $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $501,000 +20.7% $305 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $415,000 -- $253 / 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 $6,083 $393,468 $45,900 $347,568
2024 $6,083 $397,438 $45,900 $351,538
2023 $6,200 $397,651 $45,900 $351,751
2022 $4,628 $326,921 $45,000 $281,921
2021 $3,806 $239,511 $40,000 $199,511
2020 $3,733 $223,727 $40,000 $183,727
2019 $3,909 $233,029 $40,000 $193,029
2018 $3,883 $229,079 $40,000 $189,079
2017 $3,593 $221,705 $0 $0
2016 $3,501 $211,581 $0 $0
2015 $3,361 $217,765 $0 $0
2014 $3,361 $197,528 $0 $0
2013 $3,073 $179,538 $29,050 $150,488
Source: Public Records

Agents Affiliated with this Home

  • Liz Arme

    Seller's Agent in 2022

    Liz Arme

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 266-4003

    4 in this area

    69 Total Sales

    Liz Arme
    Section Image
  • Mary Romac

    Buyer's Agent in 2022

    Mary Romac

    COMPASS FLORIDA LLC

    (941) 735-9122

    2 in this area

    9 Total Sales

    Mary Romac
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4526488

Stellar MLS

APN: 20427-1850-9

Florida Manatee County Sarasota 34243

8127 Victoria Falls Cir, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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