Sarasota foreclosures provide bargain-priced home-buying opportunities for buyers who check out 4728 Lark Ridge Circle in Sarasota, Florida.
Welcome to 4728 Lark Ridge Circle, Sarasota (FL), a recent Sarasota foreclosure – here’s 2 bedroom, 2 bath, 1259 square foot ranch with attached 1-car garage & fenced backyard.
…and it’s a “stone’s throw” to Sarasota County TECH Institute (& the HUGE new 2-story campus under construction) & the brand-new Poly-TECH high school.
Just a few minutes by car is world-class Siesta Key Beach, shopping & dining.
How much is it?
This is a quick-close property priced by the asset manager to sell quickly…at $85,000!
Okay, so what’s wrong this property, you ask?
(Standard Disclosure: Any property in which you are interested should be inspected by a qualified home inspector and/or systems experts).
With that said, this property requires some work:
- Roof Leak – on enclosed back porch.The back porch is under roof and enclosed professionally. The porch is not factored into the 1259 square feet living space. Nonetheless, the roof leaks and needs to be repaired.
- Dated bathrooms – the bathrooms, though functional, are dated circa 1969.
- Kitchen – needs appliances
- Kitchen – needs cabinets aligned correctly. The previous owner certainly attempted to update the house with new kitchen cabinets. However, whoever installed the cabinets did not do a good job.
- New carpet needed.
If your home inspector reports to your satisfaction, you might discover a great opportunity on a property conveniently located in a well-established neighborhood and with mature landscaping.
You definitely cannot go to a nursery and buy the huge Oak tree in the front yard. Whoever planted it knew to keep it away from the house for maximum benefit.
Here’s a perfect example of Sarasota Real Estate market REALITY! On January 12, 2007 (at the height of the housing bubble), this property last sold for $220,000 (listed at $239,000 – MLS).
Today, it’s $85,000!
From $239,000 to $85,000….
Now this is some serious market reality?
Great for buyers!
Not so great for owners and NON-distressed sellers!
Are you interested in buying or selling a house in or around Sarasota, Florida? Please call me now. Please scroll down a bit and tell me at what price you think this house is listed. Whether or not you know Sarasota is not important. Based on what you see, what do you think it’s worth? If you have a question or comment, please let me know. Thanks!
Sarasota foreclosure bargains continue to hit the market. Get on the early notification list to be contacted about bargain-priced properties listed in your area (of interest)..
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