1516 Ridgewood Ln

Sarasota, FL 34231

Sold $1KForeclosure · Jun 4, 2024 at 9:02 AM ET·5,134 sqft · built 2004 · Single Family

Judgment
$3,999,616
HomeBadger estimate
$2,784,614
Equity
-$1,215,002
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1516 Ridgewood Ln, Sarasota, FL 34231 sold at a foreclosure auction on Jun 4, 2024 for $1,294 to plaintiff in Sarasota County, Florida (case 2018 CA 004789 NC). The final judgment is $3,999,616; the estimated value is $2,784,614 (shortfall of $1,215,002). The property is a 5,134 sqft, single family, built in 2004. Updated from Sarasota County clerk records.

Sarasota County
Street view of 1516 Ridgewood Ln, Sarasota, FL 34231

Auction

Type
Foreclosure auction
Status
Sold
Sale date
Jun 4, 2024 · 9:02 AM ET
Case number
2018 CA 004789 NC
Final judgment
$3,999,616
Plaintiff max bid
$3,748,500
Sold for
$1,294
Sold to
Plaintiff

Property

Property type
Single Family
Bedrooms
—
Bathrooms
—
Living area
5,134 sqft
Lot size
12,804 sqft
Year built
2004
Pool
—
Parcel ID
0106010051

Legal description: LOT 37 & BEG AT THE SE COR OF

Valuation

Estimated value
$2,784,614HomeBadger estimate · $2.1M–$4.2M

HomeBadger estimate: model based on Florida sales and the county appraiser's roll.

Judgment ÷ value
144%
Equity at judgment
-$1,215,002

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Owner, parties & documents

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Comparable auction sales

Nearby properties sold to 3rd-party bidders in the last two years.

Sales
8
Median distance
12.5 mi

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Auction history

  1. Jun 4, 2024 · Sold for $1,294

    Foreclosure

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