NOT LISTED FOR SALE

5500 New Covington Dr Sarasota, FL 34233

Estimated Value: $505,000 - $549,000

3 Beds
2 Baths
2,162 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $316,000 $146 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,206/month

2 Days on Market

Highlights

  • Open Floorplan
  • Florida Architecture
  • Great Room
  • Ashton Elementary School Rated A
  • High Ceiling
  • Mature Landscaping

About This Home

As of December 2019

Prepare to be impressed by this meticulous maintained and recently upgraded home located in the heart of Sarasota. Just minutes to Clark Rd, I-75, and a quick drive to Siesta Key, you will find yourself close to all the local attractions that Sarasota has to offer! Large on space and flooded with light, this Florida dream home boasts 3 bedrooms, plus an office that enjoys a closet, easily making it a 4th bedroom if needed. Both the interior and exterior of the home were recently painted, and new carpet was just installed two weeks ago! Large eat-in kitchen with tons of cabinets, counter space, and newer appliances... including extra quiet Bosch dishwasher. The family friendly split floor plan creates ample privacy, and the oversized family room is perfect for relaxing and spreading out. Laundry room upgraded with cabinets for extra storage, folding station, laundry sink, and stackable washer & dryer. The oversized master bedroom enjoys access to the covered lanai, an en suite bathroom, and a large walk-in closet. The second bathroom has dual sinks and is shared by 2 nice sized bedrooms with ample closet space. Outside you will find a beautifully landscaped back yard with recently installed vinyl privacy fence. The large under cover lanai is perfect for entertaining and everyday living. Enjoy LOW HOA FEES, NO CDD FEE, and LOW TAXES with this centrally located Sarasota gem. The sellers are offering a buyer a FULL ONE YEAR HOME WARRANTY through American Home Shield! Listed BELOW recent Appraised value!

Last Agent to Sell the Property

Walter Shepherd

COLDWELL BANKER REALTY License #3308625 Listed on: 11/07/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Christiana Kopetzky

MICHAEL SAUNDERS & COMPANY License #3421124

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 2001

Lot Details

  • 6,820 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF4

HOA Fees

  • $33 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,162 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Association fees include common area taxes, manager
  • Gulf Coast Community Management Association, Phone Number (941) 870-5600
  • Visit Association Website
  • Covington Place Community
  • Covington Place, Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,642

Year Built

Built in 2001

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Manager
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2162
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2001
  • Lot Size Sq Ft: 6820
  • Directions to Property: From I-75 and Clark Rd, drive West on Clark Rd. Turn Right heading North on Gantt Rd, make a Left into Covington Place on to Oakshire Ave, and turn Left on to New Covington Dr... House is ahead on the Right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107801?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107801?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98752
  • Price per Sq Ft: 146.16
  • Close to Original List Price Ratio: 0.98752
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Thermostat, 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
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 5500
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0164F
  • Disclosures: HOA/PUD/Condo Disclosure, 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, Phone Available, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • 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
  • Association Amenities: Maintenance
  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Association Name: Gulf Coast Community Management
  • Phone: 941-870-5600
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.covingtonplacehoa.com
  • Association Email: Bill@gulfcoastcm.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 400
  • Monthly HOA Fee: 33.33
  • Total Monthly Fees: 33.33

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094060036
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Please see HOA Documents for details.
  • Num Timesper Year: 2
  • Pet Restrictions: Please see HOA Documents for details.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please contact Gulf Coast Community Management 941-870-5600. www.CovingtonPlaceHOA.com

Tax Info

  • Tax Annual Amount: 2642
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 20, 2019
Sold by
Buscemi Colleen and Buscemi John
Bought by
Kopetzky Linda and Kopetzky Jon D
Seller's Agent
Walter Shepherd
COLDWELL BANKER REALTY
Buyer's Agent
Christiana Kopetzky
MICHAEL SAUNDERS & COMPANY
List Price
$319,995
Sold Price
$316,000
Premium/Discount to List
-$3,995
-1.25%
Current Estimated Value
$526,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,861
Avg. Annual Appreciation
9.62%
Original Mortgage
$252,800
Outstanding Balance
$225,734
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$305,321

Purchase Details

Closed on
Aug 7, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Buscemi Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2014
Sold by
Brachle Joseph and Brachle Cynthia
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kopetzky Linda $316,000 Attorney
Buscemi Colleen $228,000 Premium Title Services Inc
Wells Fargo Bank Na $222,601 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kopetzky Linda $252,800
Previous Owner Buscemi John F $35,000
Previous Owner Buscemi Collen E $220,000
Previous Owner Buscemi Colleen $182,400
Previous Owner Brachle Joseph $32,116
Previous Owner Brachle Joseph P $72,900
Previous Owner Brachle Joseph P $287,000
Previous Owner Bracele Joseph P $21,000
Previous Owner Bracele Joseph P $136,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $316,000 -1.2% $146 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $319,995 -- $148 / 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 $3,470 $295,329 -- --
2023 $3,470 $286,727 $0 $0
2022 $3,339 $278,376 $0 $0
2021 $3,186 $259,685 $0 $0
2020 $3,187 $256,100 $63,600 $192,500
2019 $2,716 $221,746 $0 $0
2018 $2,642 $217,611 $0 $0
2017 $2,628 $213,135 $0 $0
2016 $2,626 $217,500 $48,000 $169,500
2015 $2,670 $207,300 $37,900 $169,400
2014 $2,282 $174,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N6107801

Stellar MLS

APN: 0094-06-0036