1516 Ridgewood Ln Sarasota, FL 34231
Coral Cove/Holiday Harbor Neighborhood
4
Beds
4.5
Baths
4,577
Sq Ft
0.29
Acres
Highlights
- 71 Feet of Canal Waterfront
- Boat Lift
- Canal View
- Phillippi Shores Elementary School Rated A
- In Ground Pool
- Mediterranean Architecture
About This Home
As of January 2025Auction Property. AUCTION. This spacious waterfront home sits in a prime location near Siesta Key. Home features 4 beds, 4.5 baths, and ample room to relax and entertain with the separate living and dining areas, den, family room, rec room and the spacious eat-in kitchen. Enjoy all your outdoor activities with the covered porch, in-ground pool and patio areas. Home sits on almost 1/3 acre with intercoastal views and a prime dock location. Home features an attached 3 car garage and a driveway with ample parking space. Home is sold as-is with no property disclosure or inspection reports. Come enjoy resort style living and the best of Sarasota. Home is conveniently located near dining, shopping and entertainment.
Last Agent to Sell the Property
REALHOME SERVICE & SOLUTIONS INC Brokerage Phone: 855-882-1314 License #3396490
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,944
Year Built
- Built in 2004
Lot Details
- 0.29 Acre Lot
- 71 Feet of Canal Waterfront
- Property fronts a freshwater canal
- Southeast Facing Home
- Property is zoned RSF2
Parking
- 3 Car Attached Garage
Home Design
- Mediterranean Architecture
- Bi-Level Home
- Fixer Upper
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 4,577 Sq Ft Home
- Living Room
- Canal Views
- Eat-In Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Pool
- In Ground Pool
- Spa
Outdoor Features
- Access to Freshwater Canal
- Boat Lift
Utilities
- Central Heating and Cooling System
- Phone Available
Community Details
- No Home Owners Association
- Aqualane Estates Community
- Aqualane Estates 3Rd Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 37
- Assessor Parcel Number 0106010051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2024
Closed on
Jan 14, 2025
Sold by
American Home Mortgage Assets Trust and Deutsche Bank National Trust Company
Bought by
1516 Ridgewood Ln Llc
Seller's Agent
Andrea Butcher Thomas
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Brennan Troyer
List Price
$2,120,000
Sold Price
$2,115,000
Premium/Discount to List
-$5,000
-0.24%
Total Days on Market
9
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,915
Avg. Annual Appreciation
51.15%
Original Mortgage
$1,650,000
Outstanding Balance
$1,645,689
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$778,226
Purchase Details
Closed on
Jun 17, 2024
Sold by
Bobka Rich and American Express Travel Relate
Bought by
American Home Mtg Assets Trust and Deutsche Bank Nat'L Trust
Purchase Details
Closed on
Dec 28, 2006
Sold by
Berghorn Jeff and Berghorn Cindy
Bought by
Bobka Rich
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 29, 2004
Sold by
Kanter Douglas
Bought by
Berghorn Jeff and Berghorn Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2002
Sold by
Waterside Inv Group Inc
Bought by
Kanter Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.01%
Purchase Details
Closed on
Oct 24, 2002
Sold by
Kress Frank and Kress Rita A
Bought by
Waterside Inv Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.01%
Purchase Details
Closed on
Mar 26, 2002
Sold by
Kress Frank and Kress Rita A
Bought by
Waterside Inv Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.85%
Purchase Details
Closed on
Aug 22, 2001
Sold by
Spurr Wendy Ann
Bought by
Kress Frank and Kress Rita A
Map
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Similar Homes in Sarasota, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,115,000 | Premium Title Services | |
| Certificate Of Transfer | $1,294 | -- | |
| Warranty Deed | $3,150,000 | Diamond Title Sarasota Inc | |
| Warranty Deed | $2,450,000 | Diamond Title Of Sarasota In | |
| Warranty Deed | $735,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $515,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,650,000 | New Conventional | |
| Previous Owner | $169,000 | Credit Line Revolving | |
| Previous Owner | $2,331,000 | Negative Amortization | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $480,000 | Credit Line Revolving | |
| Previous Owner | $1,470,000 | Purchase Money Mortgage | |
| Previous Owner | $677,500 | Credit Line Revolving | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $360,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2025 01/28/25 | Sold | $2,115,000 | -0.2% | $462 / Sq Ft |
| 12/19/2024 12/19/24 | Pending | -- | -- | -- |
| 12/10/2024 12/10/24 | For Sale | $2,120,000 | 0.0% | $463 / Sq Ft |
| 05/21/2021 05/21/21 | Rented | $7,997 | 0.0% | -- |
| 04/05/2021 04/05/21 | Price Changed | $7,997 | -11.1% | $2 / Sq Ft |
| 03/09/2021 03/09/21 | Price Changed | $8,997 | +28.6% | $2 / Sq Ft |
| 03/04/2021 03/04/21 | For Rent | $6,997 | -- | -- |
Source: Stellar MLS
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 |
|---|---|---|---|---|
| 2024 | $28,700 | $2,192,226 | -- | -- |
| 2023 | $28,700 | $2,712,300 | $1,298,000 | $1,414,300 |
| 2022 | $26,749 | $2,529,100 | $1,066,200 | $1,462,900 |
| 2021 | $21,701 | $1,759,400 | $978,200 | $781,200 |
| 2020 | $19,955 | $1,559,000 | $912,400 | $646,600 |
| 2019 | $17,727 | $1,361,200 | $752,500 | $608,700 |
| 2018 | $18,707 | $1,437,100 | $846,500 | $590,600 |
| 2017 | $19,696 | $1,493,000 | $846,500 | $646,500 |
| 2016 | $18,944 | $1,417,500 | $745,900 | $671,600 |
| 2015 | $18,432 | $1,374,500 | $659,800 | $714,700 |
| 2014 | $16,102 | $1,184,832 | $0 | $0 |
Source: Public Records
Source: Stellar MLS
MLS Number: O6263589
APN: 0106-01-0051
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