NOT LISTED FOR SALE

8229 Reynolds Falls Ct Sarasota, FL 34243

Estimated Value: $318,000 - $369,000

2 Beds
2 Baths
1,391 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $235,000 $169 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,302/month

51 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • High Ceiling
  • Active Adult
  • Open Floorplan
  • Solid Surface Countertops

About This Home

As of June 2019

If you're looking to downsize, or for a winter retreat, this 2 bedroom 2 bath plus den villa is the one for you. On a Cul de sac, it is a perfect quiet retreat, and located in Lakeridge Falls, a premier 55+ gated, and landscaped maintained community which is close to everything. The clubhouse is going through a total renovation, which is almost complete, and the pool has undergone a renovation as well. (The pool is open).There are over 12 lakes, and sidewalks throughout the community. You can walk to Panera's, Publix, Walmart, and several other restaurants as well. The calendar is filled with activities to fill your days, and Lakeridge Falls is close to EVERYTHING that Sarasota has to offer. Just 20 minutes from downtown, the beaches, the airport, UTC mall and Lakewood Ranch. Close to everything - and away from it all!
There is a $100 application fee for HOA approval.

Last Agent to Sell the Property

Leslie Rothschild

BRIGHT REALTY License #3092924 Listed on: 03/18/2019

BRIGHT REALTY

Last Buyer's Agent

Sandra Albrecht

ROSEBAY INTERNATIONAL REALTY, INC License #3254600

ROSEBAY INTERNATIONAL REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 2003

Lot Details

  • 3,937 Sq Ft Lot
  • West Facing Home
  • Property is zoned PDMU

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,391 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Combination Dining and Living Room
  • In Wall Pest System
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Rain Gutters

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,055

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 3937
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430696&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430696&cview=true&show_results=true&customer_portal=true
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95918
  • Price per Sq Ft: 168.94
  • Close to Original List Price Ratio: 0.94415
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Rain Gutters
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0319E

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Natural Gas Available, Underground Utilities
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Pool
  • Association Fee: 824
  • Association Fee Frequency: Quarterly
  • Association Name: Oded Neeman
  • Phone: 941-360-1046
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3296
  • Monthly HOA Fee: 274.67
  • Total Monthly Fees: 274.67

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042733509
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit
  • Minimum Lease: 6 Months
  • Approval Process: HOA approval required. $100 application fee
  • Num Timesper Year: 1
  • Pet Restrictions: 2 per household. Must be on leash. No aggressive breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: minimum 6 months once per year.

Tax Info

  • Tax Annual Amount: 2055
  • Tax Block: 30
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Brown Josephine Wilma
Bought by
Brown J Wilma and J Wilma Brown Revocable Trust
Current Estimated Value
$339,696

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 10, 2019
Sold by
Lubell Arthur and Lubell Ileane
Bought by
Brown Josephine Wilma
Seller's Agent
Leslie Rothschild
BRIGHT REALTY
Buyer's Agent
Sandra Albrecht
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$248,900
Sold Price
$235,000
Premium/Discount to List
-$13,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$188,000
Outstanding Balance
$165,630
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$174,066

Purchase Details

Closed on
Mar 27, 2006
Sold by
Nottoli Wendy R
Bought by
Lubell Arthur and Lubell Ileane

Purchase Details

Closed on
Dec 19, 2003
Sold by
Centex Homes
Bought by
Nottoli Wendy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.05%
Mortgage Type
New Conventional
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
Brown J Wilma -- Accommodation
Brown Josephine Wilma $235,000 Attorney
Lubell Arthur $300,000 Attorney
Nottoli Wendy R $178,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Josephine Wilma $188,000
Previous Owner Nottoli Wendy R $142,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $235,000 -4.1% $169 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $245,000 -1.6% $176 / Sq Ft
03/17/2019 03/17/19 For Sale $248,900 -- $179 / 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 $2,883 $226,713 -- --
2024 $2,883 $220,324 -- --
2023 $2,831 $213,907 $0 $0
2022 $2,746 $207,677 $0 $0
2021 $2,622 $201,628 $0 $0
2020 $2,697 $198,844 $20,000 $178,844
2019 $2,085 $158,959 $0 $0
2018 $2,056 $155,995 $0 $0
2017 $1,903 $152,786 $0 $0
2016 $1,890 $149,643 $0 $0
2015 $1,916 $148,603 $0 $0
2014 $1,916 $147,424 $0 $0
2013 $1,886 $145,245 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4430696

Stellar MLS

APN: 20427-3350-9