NOT LISTED FOR SALE

5392 New Covington Dr Sarasota, FL 34233

Estimated Value: $441,110 - $523,000

3 Beds
2 Baths
1,856 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $360,000 $194 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,076/month

4 Days on Market

Highlights

  • Oak Trees
  • View of Trees or Woods
  • Contemporary Architecture
  • Ashton Elementary School Rated A
  • Open Floorplan
  • Property is near public transit

About This Home

As of May 2021

Meticulously maintained, this welcoming abode epitomizes Florida living. Feel at ease as memories are made with plenty of space and privacy, inside and out. The vaulted ceilings with an open and flowing floorplan invites guests to mingle and join the festivities while the chef prepares a meal in the eat-in kitchen featuring newer stainless-steel appliances. The spacious screened patio is great for lazy afternoons or special occasions, granting a clear view of the fully vinyl privacy fenced backyard with an oak tree and side-views of a beautiful pond to watch wildlife. The master suite and two guest bedrooms are each a retreat and include custom built-in closets, with a walk-in closet in the master bath. Reassurance and peace of mind were the forefront of every thoughtful improvement that has been done over the years, including replacing and routine maintenance on the HVAC, water heater, electrical, and most recently installed brand-new carpets in master closet and 2nd & 3rd bedroom, as of April 2021. The home includes hurricane shutters, extra storage cabinets in garage, and an interior laundry room with cabinetry. The list of improvements goes on. Located in the friendly neighborhood of Covington Place, this home is a dream for raising a family, with A-rated schools just a short commute away. Only 10 minutes to Siesta Key, and 3 minutes to I-75, this home’s is in a prime location for a quick and easy commute to wherever one wants to go. The Seller is offering top of the line 1-year home warranty plan with 2-10 Home Buyers Warranty – “Supreme Plan” (valued at $630).

Last Agent to Sell the Property

Christiana Kopetzky

MICHAEL SAUNDERS & COMPANY License #3421124 Listed on: 04/22/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Greg Pitts

COLDWELL BANKER SARASOTA CENT. License #3282805

COLDWELL BANKER SARASOTA CENT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 2001

Lot Details

  • 7,493 Sq Ft Lot
  • East Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSF4

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Drainage Canal

Community Details

  • Bill & Tracy Ashby Association, Phone Number (941) 870-5600
  • Visit Association Website
  • Built by Morrison Homes
  • Covington Place Subdivision, Pinehurst Model Floorplan
  • Covington Place Community
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,228

Year Built

Built in 2001

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1856
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2518
  • Lot Size Sq Ft: 7493
  • Directions to Property: From Clark Rd (SR-72) go North on Gantt Rd, turn left at the stop sign on Ashton Rd, enter first community on the left - New Covington Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497395?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497395?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 2800
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.05882
  • Price per Sq Ft: 193.97
  • Close to Original List Price Ratio: 1.05882
  • Ratio: Current Price\Building Area Total: 142.97
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments, Storm Window(s)
  • Street Number Modifier: 5392
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Hurricane Shutters, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115CO164F
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalk
  • Association Fee: 125
  • Association Fee Frequency: Quarterly
  • Association Name: Bill & Tracy Ashby
  • Phone: 941-870-5600
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: CovingtonplaceHOA.com
  • Association Email: bill@gulfcoastcm.com & Tracy@gulfcoastcm.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 500
  • Monthly HOA Fee: 41.67
  • Total Monthly Fees: 41.67

Schools

  • Elementary School: Ashton Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094030035
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Drainage Canal, In County, Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Building Info

  • Builder Name: Morrison Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Contact Gulf Coast Community Management at 941-870-5600 for additional information
  • Num Timesper Year: 2
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Annual leases. Contact Gulf Coast Community Management at 941-870-5600 for additional information.

Tax Info

  • Tax Annual Amount: 2227.99
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Seeman Ruth E
Bought by
Tsai Stan and Tsai Maria
Seller's Agent
Christiana Kopetzky
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Greg Pitts
COLDWELL BANKER SARASOTA CENT.
List Price
$340,000
Sold Price
$360,000
Premium/Discount to List
$20,000
5.88%
Current Estimated Value
$481,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,028
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jun 17, 2004
Sold by
Hissam Emel B and Hissam Sharon
Bought by
Seeman Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Morrison Homes Inc
Bought by
Hissam Emel B and Hissam Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,100
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Tsai Stan $360,000 Sunbelt Title Agency
Seeman Ruth E $255,000 First American Title Ins Co
Hissam Emel B $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seeman Ruth E $297,500
Previous Owner Seeman Ruth E $334,640
Previous Owner Seeman Ruth E $185,000
Previous Owner Seeman Ruth E $43,500
Previous Owner Hissam Emel B $133,000
Previous Owner Hissam Emel B $129,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $360,000 +5.9% $194 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $340,000 -- $183 / 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 $4,950 $364,800 $106,100 $258,700
2023 $4,950 $379,600 $103,800 $275,800
2022 $4,619 $352,700 $107,100 $245,600
2021 $2,235 $182,189 $0 $0
2020 $2,228 $179,674 $0 $0
2019 $2,136 $175,634 $0 $0
2018 $2,072 $172,359 $0 $0
2017 $2,060 $168,814 $0 $0
2016 $2,046 $204,600 $54,500 $150,100
2015 $2,079 $192,900 $43,400 $149,500
2014 $2,069 $160,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4497395

Stellar MLS

APN: 0094-03-0035