by RH Advisors

See Home Value
$430,000
House - Off Market

4535 Falcon Ridge DRIVE

SARASOTA, FL 34233
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1740 Sqft
$450,654
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This STUNNING LAKEFRONT (no flood insurance required) home is nestled in the coveted South Gate Ridge community of Sarasota, boasting 1,740 heated square feet, with 3 bedrooms, 2 bathrooms, and a 1 car garage. Designed by renowned architect Ruth Richmond, this classic 1960's Florida Ranch style home is the epitome of elegance, with its solid and comfortable construction and timeless design.

As you step inside, you're greeted by charming custom features such as lucite doorknobs and built-in cabinetry, that add a touch of character to the space. The updated white kitchen cabinets with glass fronts and granite counters creates a striking aesthetic that will charm any homeowner. The large master bedroom offers a tranquil retreat, while the master bath has been tastefully remodeled with frameless glass, beautiful tile, a new vanity, and modern fixtures. The guest bedrooms provide plenty of space and convenience, with one of them featuring a murphy bed for extra sleeping space.

As you move towards the back of the home, you'll discover an enclosed great room lined with windows and enhanced by wood beam ceilings that draw you towards breathtaking views of the lake. The backyard is perfectly fenced, providing a sense of privacy, along with a concrete slab that's perfect for grilling and relaxing with family and friends while enjoying the stunning lake views.

Conveniently located near pristine beaches that Sarasota is known for, this spectacular home is a true oasis, with access to all the amenities necessary for high-end living. This is the perfect opportunity to own a charming and timeless home in an established community renowned for its charm and elegance.
Unit Size
1,740Ft²
Days on Market
47 days
Land Size
0.19 acres
Price per sqft
$259
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1966
Last updated: 2 months ago (Stellar MLS #T3445851)

Price History

Date / Event Date Event Price
Jul 1, 2023 No longer available -
No longer available
Jun 29, 2023 Sold to Sarah Connell, Stephen Connell $430,000
Sold to Sarah Connell, Stephen Connell
Jun 4, 2023 In contract -
In contract
May 27, 2023 Relisted $449,900
Relisted
May 19, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,277
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,065
  • Gross Building Area: 2,065
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTH GATE RIDGE 03
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15 BLK M SOUTH GATE RIDGE UNIT 3

Ownership

  • Current Owner : CONNELL STEPHEN
  • Current Owner 2: CONNELL SARAH
  • Previous Owner : MARTIN AMANDA REYES
  • Previous Owner 2: DEVERIN LAUREN AINSLEY
  • Owner Before Previous Owner: NIXON MICHAEL
  • Owner Before Previous Owner 2: NIXON MARLI
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L033 A055 F052
  • Census Tract: 001702

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29-3
  • Account Number: 0071050022
  • Subdivision Tract Number: 1463
  • Parcel: 0071-05-0022
  • Block: M
  • Lot: 15
  • Meridian: SEC 03 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2879
  • Longitude: -82.4965

    Address

  • Full Address: 4535 Falcon Ridge Dr
  • Legal Unit: 3
  • Address - House Number: 4535
  • Address - Street Name: Falcon Ridge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C053
  • 4-Digit Zip Code: 1717
  • Zip Code: 34233

Valuation

    Tax

  • Total Area: 2,065
  • Tax Year: 2023
  • Tax Amount: $4,533
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 469,644
  • High Value: 559,698
  • Low Value: 379,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: TOMO MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $339,100
  • Market Land Value: $152,300
  • Market Improvement Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,100
  • Assessed Land Value: $152,300
  • Assessed Improvements Value: $186,800

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11908731178
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 104822
  • Previous Sale Recording Date: Nov 15, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $389,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOMO MORTGAGE, LLC
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Nov 15, 2021
  • Previous Mortgage Loan Amount: $353,080
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,622 ft²
$274/ft²
$445,000 Jul 25, 2023
$445,000 Aug 15, 2023
$337/mo
House
3 Beds
2 Baths
1,725 ft²
$255/ft²
$440,000 Oct 9, 2023
$440,000 Mar 6, 2024
$346/mo
House
3 Beds
2 Baths
1,709 ft²
$263/ft²
$450,000 Jan 22, 2024
$450,000 Feb 29, 2024
$364/mo
House
3 Beds
2 Baths
1,676 ft²
$233/ft²
$390,000 Mar 29, 2023
$390,000 Aug 18, 2023
$204/mo
House
3 Beds
2 Baths
1,791 ft²
$262/ft²
$470,000 Aug 3, 2023
$470,000 Oct 18, 2023
$303/mo
House
3 Beds
2 Baths
1,748 ft²
$235/ft²
$410,260 Aug 25, 2023
$410,260 Oct 5, 2023
$112/mo
House
3 Beds
2 Baths
1,486 ft²
$299/ft²
$444,333 Feb 10, 2024
-
$179/mo
House
3 Beds
2 Baths
1,632 ft²
$322/ft²
$525,000 Dec 5, 2023
-
$186/mo
House
3 Beds
2 Baths
1,707 ft²
$308/ft²
$525,000 Feb 29, 2024
-
$177/mo
House
3 Beds
2 Baths
1,552 ft²
$290/ft²
$450,000 Mar 6, 2024
-
$363/mo
House
3 Beds
2 Baths
1,678 ft²
$223/ft²
$375,000 Sep 16, 2023
-
$796/mo
House
3 Beds
2 Baths
1,958 ft²
$255/ft²
$500,000 Mar 19, 2024
-
$276/mo

About South Gate Ridge


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Frequently Asked Questions

When was property at 4535 Falcon Ridge Drive built and last sold?
The property at 4535 Falcon Ridge Drive was built in 1966 and last sold on Jun 28, 2023 for $430,000.
How much is this home worth?
The estimated value of the home located at 4535 Falcon Ridge Drive is $460,054.
What are some comparable homes to 4535 Falcon Ridge Drive?
There are currently no comparable homes to 4535 Falcon Ridge Drive.

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