$152,200
SOLD AUG 20, 2014

16 Covington Ln Palm Coast, FL 32137

4 Beds
3.5 Baths
2,484 Sq Ft
0.27 Acres

Recently Sold

$61 Per Sq Ft

31% Below List Price

13 Days on Market

Highlights

  • Screened Pool
  • Waterfront
  • Wood Flooring
  • Old Kings Elementary School Rated A-
  • Wetlands on Lot
  • No HOA

About This Home

As of July 2021

LOCATION, LOCATION, LOCATION...ON MARSH PRESERVE...Large SPACIOUS unique 2 story home with Inground screened pool and spa. Wood floors in Living, family room, Kitchen overlooking Marsh, with Large bedrooms, and Unique Bathrooms, and Soaking tub. Very unique home in Spectacular Waterfront/Marsh area. This is a Fannie Mae Homepath property. This home is eligible for HomePath Mortgage and/or HomePath Renovation Mortgage Financing. Purchase this property for as little as 5% down. This property is now under auction terms. This property may be subject to a buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details.

Last Agent to Sell the Property

DAVID P. PETKOVSEK

REALTY EXCHANGE, LLC License #3096504 Listed on: 07/16/2014

REALTY EXCHANGE, LLC

Last Buyer's Agent

Non-Member FLG (Reciprocal 1)

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Southwest Facing Home
  • Property is zoned SFR-2

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Wetlands on Lot
  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palm Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7016-00110-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 2484
  • Year Built: 1989
  • Lot Size Sq Ft: 11918
  • Directions to Property: Palm Harbor Pkwy to Colorado Dr, left on Covington Ln, house is on right.
  • Status: Sold
  • Homestead Y N: No
  • Ratio: Close Price\List Price: 0.69213
  • Price per Sq Ft: 61.27
  • Close to Original List Price Ratio: 0.69213
  • View: No
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: None
  • Total Bedrooms: 4
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 16
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Porch, Rear Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: PALM HARBOR

Lot Info

  • Zoning: SFR-2
  • Parcel Number: 07-11-31-7016-00110-0080
  • Lot Features: Wetlands
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2480.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 15, 2021
Sold by
Pfeiffer Roxanne Lee
Bought by
Neal Ryan and Neal Nikki Ann
Seller's Agent
DEBORAH VILLA
KELLER WILLIAMS JACKSONVILLE
Buyer's Agent
NON MLS
NON MLS
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Current Estimated Value
$551,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,910
Avg. Annual Appreciation
13.16%
Original Mortgage
$200,000
Outstanding Balance
$183,112
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$370,159

Purchase Details

Closed on
Apr 15, 2021
Sold by
Pless Joseph Stephen
Bought by
Pfeiffer Roxanne Lee

Purchase Details

Closed on
Jan 26, 2019
Sold by
Pfeiffer Roxanne Lee
Bought by
Pfeiffer Roxanne Lee and Pless Joseph Stephen

Purchase Details

Listed on
May 15, 2018
Closed on
Sep 14, 2018
Sold by
Mcgettigan David and Castagna Marisa A
Bought by
Pfeiffer Roxanne Lee
Seller's Agent
Ashley Katz
SERENITY REALTY GROUP
Buyer's Agent
George Whelan
ATLANTIC OCEAN REALTY
List Price
$325,000
Sold Price
$277,000
Premium/Discount to List
-$48,000
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$271,982
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2015
Sold by
Roberts Edwin Jason
Bought by
Mcgettigan David and Castagna Mcgettigan Marisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Listed on
Jul 16, 2014
Closed on
Sep 19, 2014
Sold by
Franklin Run Llc
Bought by
Roberts Edwin Jason
Seller's Agent
DAVID P. PETKOVSEK
REALTY EXCHANGE, LLC
Buyer's Agent
Non-Member FLG (Reciprocal 1)
NON-MLS OFFICE
List Price
$219,900
Sold Price
$152,200
Premium/Discount to List
-$67,700
-30.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$152,200
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 19, 2014
Sold by
Fannie Mae
Bought by
Franklin Run Llc
Seller's Agent
DAVID P. PETKOVSEK
REALTY EXCHANGE, LLC
Buyer's Agent
Non-Member FLG (Reciprocal 1)
NON-MLS OFFICE
List Price
$219,900
Sold Price
$152,200
Premium/Discount to List
-$67,700
-30.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 19, 2013
Sold by
Kochevar Sandra and Kochevar Daniel J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 6, 2013
Sold by
Kochevar Daniel J and Kochevar Sandra
Bought by
Kochevar Daniel J

Purchase Details

Closed on
Mar 20, 2007
Sold by
Kochevar Daniel J and Kochevar Sandy
Bought by
Kochevar Daniel J and Kochevar Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
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 Type Sale Price Title Company
Warranty Deed $330,000 North Florida Title Company
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Warranty Deed $277,000 Americas Cjoice Title Co
Warranty Deed $251,000 Leading Edge Title Partners
Warranty Deed $182,500 Orlando Title Professionals
Special Warranty Deed $152,200 Servicelink Llc
Trustee Deed -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Covenant Closing & Title Ser
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $271,982 FHA
Previous Owner $251,000 VA
Previous Owner $152,200 Balloon
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $330,000 -- --
07/23/2021 07/23/21 Sold $330,000 -12.0% $123 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $375,000 +35.4% $140 / Sq Ft
09/14/2018 09/14/18 Sold $277,000 -14.8% $104 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $325,000 +113.5% $121 / Sq Ft
08/20/2014 08/20/14 Sold $152,200 -30.8% $61 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $219,900 -- $89 / 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
2024 $6,901 $427,619 -- --
2023 $6,901 $415,164 $60,000 $355,164
2022 $7,083 $414,933 $68,000 $346,933
2021 $5,352 $274,889 $52,800 $222,089
2020 $5,087 $257,136 $48,000 $209,136
2019 $5,084 $254,136 $45,000 $209,136
2018 $5,016 $246,205 $33,000 $213,205
2017 $963 $204,247 $0 $0
2016 $939 $200,046 $0 $0
2015 $4,040 $196,691 $0 $0
2014 $4,015 $192,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC205863

Stellar MLS

APN: 07-11-31-7016-00110-0080