NOT LISTED FOR SALE

8151 Victoria Falls Cir Sarasota, FL 34243

Estimated Value: $397,000 - $454,000

2 Beds
2 Baths
1,651 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $392,000 $237 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,079/month

2 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Lake View
  • Florida Architecture

About This Home

As of August 2021

Only available residence in the extremely desirable & guard gated Lakeridge Falls. An active 55+ community with reasonable fees, incredible amenities, and a convenient location packed with social activities. This beautiful villa with side entry 2 car attached garage features 2 bedrooms, 2 full bathrooms, PLUS a den overlooking a serene lake. This home is immaculate and truly move in ready. A white dine in kitchen with newer appliances greets you upon entering but clean and neutral tile throughout most areas and new plush high end carpeting in the bedrooms continue the theme of carefree living. Just a block from the recently renovated clubhouse, a vision of chic interiors, a fully equipped fitness center, beautiful pool, outdoor recreation galore and a busy calendar of wonderful social events. Interconnected sidewalks meander throughout the community in and around the 10 lakes making this secure private neighborhood a hidden gem teaming with birds and wildlife and enjoyed by only those lucky enough to call themselves residents of this premier retirement destination in Sarasota.

Last Agent to Sell the Property

Holly Winkle

WINKLE AND COMPANY LLC License #3059987 Listed on: 07/16/2021

Last Buyer's Agent

Heather Fitzmaurice

WINKLE AND COMPANY LLC License #3500107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 2003

Lot Details

  • 5,349 Sq Ft Lot
  • 43 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $315 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Villa
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,651 Sq Ft Home
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Shades
  • L-Shaped Dining Room
  • Lake Views
  • Attic Ventilator

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, maintenance structure, ground maintenance, manager, recreational facilities
  • Oded Neeman Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Lakeridge Falls Subdivision
  • The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,131

Year Built

Built in 2003

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1651
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2281
  • Lot Size Sq Ft: 5349
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4507025?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4507025?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1.0343
  • Price per Sq Ft: 237.43
  • Close to Original List Price Ratio: 1.0343
  • Ratio: Current Price\Building Area Total: 171.85
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, L Dining, Master Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Shades
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E
  • Waterfront Frontage: 43
  • Water Frontage Feet Lake: 43

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: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, 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, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: lakeridgefalls.org
  • Association Email: lakeridgefalls@gmail.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3780
  • Monthly HOA Fee: 315
  • Total Monthly Fees: 315

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042718209
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17

Rental Info

  • Furnished: Partially
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: Please see HOA Docs for any additional restrictions.
  • Num Timesper Year: 1
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 3131
  • Tax Block: I
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 16, 2021
Sold by
Rusk Dennis L and Rusk Janice K
Bought by
Werbil David O and Werbil Jennifer L
Seller's Agent
Holly Winkle
WINKLE AND COMPANY LLC
Buyer's Agent
Heather Fitzmaurice
WINKLE AND COMPANY LLC
List Price
$379,000
Sold Price
$392,000
Premium/Discount to List
$13,000
3.43%
Current Estimated Value
$430,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,477
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Aug 10, 2020
Sold by
Rusk Dennis L and Rusk Janice K
Bought by
Rusk Dennis L and Rusk Janice K

Purchase Details

Listed on
Jan 29, 2019
Closed on
Apr 12, 2019
Sold by
Frankovsky Barbara M
Bought by
Rusk Dennis L and Rusk Janice K
Seller's Agent
Leslie Rothschild
BRIGHT REALTY
Buyer's Agent
Carol Bentivegna
RE/MAX PLATINUM REALTY
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$212,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Centex Homes
Bought by
Frankovsky Joseph A and Frankovsky Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,600
Interest Rate
6.33%
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
Werbil David O $392,000 Attorney
Rusk Dennis L -- Attorney
Rusk Dennis L $270,000 Platinum Title Llc
Frankovsky Joseph A $230,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rusk Dennis L $212,000
Previous Owner Frankovsky Joseph A $130,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $392,000 +3.4% $237 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $379,000 +40.4% $230 / Sq Ft
04/12/2019 04/12/19 Sold $270,000 -3.2% $164 / Sq Ft View Prior Sale
02/16/2019 02/16/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $279,000 0.0% $169 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $279,000 -- $169 / 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 $5,988 $387,113 $45,900 $341,213
2024 $5,988 $390,983 $45,900 $345,083
2023 $5,837 $390,509 $45,900 $344,609
2022 $5,179 $327,643 $45,000 $282,643
2021 $3,042 $227,336 $0 $0
2020 $3,131 $224,197 $40,000 $184,197
2019 $2,607 $190,241 $0 $0
2018 $2,573 $186,694 $0 $0
2017 $2,387 $182,854 $0 $0
2016 $2,373 $179,093 $0 $0
2015 $2,397 $177,848 $0 $0
2014 $2,397 $176,437 $0 $0
2013 $2,361 $173,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4507025

Stellar MLS

APN: 20427-1820-9