NOT LISTED FOR SALE

5501 New Covington Dr Sarasota, FL 34233

Estimated Value: $563,889 - $618,000

4 Beds
2 Baths
2,149 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $365,000 $170 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,704/month

39 Days on Market

Highlights

  • Heated In Ground Pool
  • Custom Home
  • Deck
  • Ashton Elementary School Rated A
  • Lake View
  • Vaulted Ceiling

About This Home

As of May 2020

Meticulously maintained 4 bedroom, 2 bath, 2 car garage home. Beautiful wooden floors throughout living space. Kitchen and bathrooms have tile flooring. Owners remodeled in 2016 with granite counter tops in kitchen and both bathrooms. New heated pool was also built in 2016. A/C and hot water heater were replaced in 2016 as well. All appliance are 5 years old with exception of refrigerator which is only 2 years old. Wonderful family home in small neighborhood with excellent school districts New swimming pool has fountain, lighting and nice under cover space in screened in lanai. As you sit in the lanai take a look over the lake. Come take a look at this gem of a home.

Last Agent to Sell the Property

Lois Seropian

COLDWELL BANKER REALTY License #3086579 Listed on: 02/23/2020

COLDWELL BANKER REALTY

Co-Listed By

Bill Riley

COLDWELL BANKER REALTY License #3086715

Last Buyer's Agent

Pamela Pileggi

PREFERRED SHORE LLC License #0657362

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 2001

Lot Details

  • 6,820 Sq Ft Lot
  • Northwest Facing Home
  • Mature Landscaping
  • Property is zoned RSF4

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Security System Owned

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Alarm

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include maintenance structure
  • Gulf Coast Community Management Association, Phone Number (941) 870-5600
  • Covington Place Community
  • Covington Place, Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,634

Year Built

Built in 2001

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2149
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2001
  • Lot Size Sq Ft: 6820
  • Directions to Property: Take Gantt and turn West onto Oakshire Ave, at stop sign take left and house is down on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460771?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460771?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: 0.92428
  • Price per Sq Ft: 169.85
  • Close to Original List Price Ratio: 0.91479
  • View: Yes
  • Co List Office Mls Id: 281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5501
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, Heated, In Ground, Other, Pool Alarm
  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Screened
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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 Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Gulf Coast Community Management
  • Phone: 941-870-5600
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • 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: 0094060006
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Contact Gulf Coast Community Mgt 941-870-5600 or www.covingtonplace HOA.com
  • Num Timesper Year: 2
  • Pet Restrictions: See County Rules
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See county and HOA rules

Tax Info

  • Tax Annual Amount: 2634.36
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
May 1, 2020
Sold by
Rocca Janine and Linder Samantha
Bought by
Hayworth Christopher M and Hayworth Ann M
Seller's Agent
Lois Seropian
COLDWELL BANKER REALTY
Buyer's Agent
Pamela Pileggi
PREFERRED SHORE LLC
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Current Estimated Value
$582,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,472
Avg. Annual Appreciation
10.02%
Original Mortgage
$292,000
Outstanding Balance
$262,902
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$341,852

Purchase Details

Closed on
Sep 14, 2004
Sold by
Coleman Leslie and Andrews Jayne
Bought by
Rocca Janine

Purchase Details

Closed on
Aug 21, 2003
Sold by
Manley Robert J and Manley Beverley L
Bought by
Coleman Leslie and Andrews Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.52%

Purchase Details

Closed on
Jun 21, 2001
Sold by
Morrison Homes Inc
Bought by
Manley Robert J and Manley Beverley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,613
Interest Rate
7.16%
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
Hayworth Christopher M $365,000 Stewart Title Company
Rocca Janine $280,000 Executive Title Insurance Se
Coleman Leslie $255,000 --
Manley Robert J $179,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayworth Christopher M $292,000
Previous Owner Rocca Janine A $43,000
Previous Owner Coleman Leslie $204,000
Previous Owner Manley Robert J $216,000
Previous Owner Manley Robert J $25,000
Previous Owner Manley Robert J $161,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $365,000 -7.6% $170 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $394,900 -1.0% $184 / Sq Ft
02/23/2020 02/23/20 For Sale $399,000 -- $186 / 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 $5,681 $481,000 $108,700 $372,300
2023 $5,681 $477,000 $101,000 $376,000
2022 $5,541 $465,300 $125,100 $340,200
2021 $4,387 $322,300 $86,600 $235,700
2020 $2,740 $220,171 $0 $0
2019 $2,634 $215,221 $0 $0
2018 $2,562 $211,208 $0 $0
2017 $2,549 $206,864 $0 $0
2016 $2,308 $219,000 $49,600 $169,400
2015 $2,346 $207,500 $38,200 $169,300
2014 $2,335 $178,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lois Seropian

    Seller's Agent in 2020

    Lois Seropian

    COLDWELL BANKER REALTY

    (941) 356-4195

    36 Total Sales

    Section Image
  • Bill Riley

    Seller Co-Listing Agent in 2020

    Bill Riley

    COLDWELL BANKER REALTY

    (941) 232-8941

    27 Total Sales

    Section Image
  • Pamela Pileggi

    Buyer's Agent in 2020

    Pamela Pileggi

    PREFERRED SHORE LLC

    (941) 376-0376

    4 in this area

    29 Total Sales

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Map

Source: Stellar MLS

MLS Number: A4460771

Stellar MLS

APN: 0094-06-0006

Florida Sarasota County Sarasota 34233

5501 New Covington Dr, Sarasota, FL

This home is located at 5501 New Covington Dr, Sarasota, FL 34233 since 23 February 2020 and is currently estimated at $582,472, approximately $271 per square foot. This property was built in 2001. 5501 New Covington Dr is a home located in Sarasota County with nearby schools including Ashton Elementary School, Riverview High School, and Sarasota Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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