NOT LISTED FOR SALE

5565 New Covington Dr Sarasota, FL 34233

Estimated Value: $554,000 - $698,000

4 Beds
3 Baths
2,596 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $415,000 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,978/month

68 Days on Market

Highlights

  • Screened Pool
  • Lake View
  • Traditional Architecture
  • Ashton Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2018

This completely renovated home, located on a lake, has it all! Four bedrooms, three full baths and a bonus room are situated on a cul-de-sac and is move-in ready condition. Recently updated bathrooms, including the master bathroom features quality materials seldom seen at this price point. Don’t miss the gourmet kitchen which boasts new, state-of-the-art appliances, solid surface countertops and is the focal point in this split plan, open concept home. An oversized heated pool and heated spa are just outside the family room and the unique fire pit is just steps away. The gorgeous lake is filled with an abundance of wildlife and complements the spacious outdoor space. Upstairs there is an oversized recreation room which features a billiard table and additional gathering areas. A huge bonus is the oversized 3-car garage. The fabulous location of Covington Place is a great neighborhood with great schools, minutes from everything, convenient to Doctor’s Hospital, shopping, dining as well as the Interstate. Downtown Sarasota and Siesta Key Beach are just a short drive away.

Last Agent to Sell the Property

Roger Grenier

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3052837 Listed on: 08/24/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jill French

REAL BROKER, LLC License #3255483

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 2001

Lot Details

  • 6,985 Sq Ft Lot
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned RSF4

HOA Fees

  • $33 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Pool

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,596 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Outside Bathroom Access

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gulf Coast Comm Mgmt Bill & Tracy Ashby Association, Phone Number (941) 870-5600
  • Built by Taylor Morrison
  • Covington Place Subdivision, Worthington 2 Floorplan
  • Covington Place Community
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 2001

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2596
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3451
  • Lot Size Sq Ft: 6985
  • Directions to Property: Lister accompany with 2-4 hours lead time; owners have pets and need time to remove from premises.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4411704&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4411704&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 2790
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.96534
  • Price per Sq Ft: 159.86
  • Close to Original List Price Ratio: 0.94533
  • Ratio: Current Price\Building Area Total: 120.25
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Shades
  • Street Number Modifier: 5565
  • Room Count: 14
  • Additional Rooms: Attic, Bonus Room, Breakfast Room Separate, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground, Outside Bath Access, Salt Water, Screen Enclosure, Self Cleaning
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0164F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Sidewalk
  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Association Name: Gulf Coast Comm Mgmt Bill & Tracy Ashby
  • Phone: 941-870-5600
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • 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

Schools

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

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094060009
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Taylor Morrison

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: See Application in MLS
  • Pet Restrictions: See HOA documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA documents

Tax Info

  • Tax Annual Amount: 2836
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Dec 19, 2018
Sold by
Barbara Paalmer Brian and Barbara Paalmer
Bought by
Holbrook Ryan and Holbrook Nicole
Seller's Agent
Roger Grenier
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jill French
REAL BROKER, LLC
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Current Estimated Value
$653,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,069
Avg. Annual Appreciation
8.02%
Original Mortgage
$394,250
Outstanding Balance
$352,006
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$342,584

Purchase Details

Closed on
Sep 26, 2005
Sold by
Monahan Michael W and Monahan Lorraine C
Bought by
Palmer Brian and Palmer Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
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
Holbrook Ryan $415,000 Attorney
Palmer Brian $425,000 Attorneys Escrow & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holbrook Ryan $394,250
Previous Owner Palmer Brian $296,437
Previous Owner Palmer Brian $50,000
Previous Owner Palmer Brian $340,000
Previous Owner Monahan Michael W $25,000
Previous Owner Monahan Michael W $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $415,000 -3.5% $160 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/01/2018 10/01/18 Price Changed $429,900 -2.1% $166 / Sq Ft
08/24/2018 08/24/18 For Sale $439,000 -- $169 / 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 $4,634 $395,528 -- --
2023 $4,634 $379,736 $0 $0
2022 $4,483 $368,676 $0 $0
2021 $4,313 $348,229 $0 $0
2020 $4,323 $343,421 $0 $0
2019 $4,177 $335,700 $73,300 $262,400
2018 $2,970 $240,080 $0 $0
2017 $2,955 $235,142 $0 $0
2016 $2,945 $271,800 $46,000 $225,800
2015 $2,994 $264,400 $35,500 $228,900
2014 $2,982 $223,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Grenier

    Seller's Agent in 2018

    Roger Grenier

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 993-2908

    2 in this area

    26 Total Sales

    Roger Grenier
    Section Image
  • Jill French

    Buyer's Agent in 2018

    Jill French

    REAL BROKER, LLC

    (941) 600-8281

    3 in this area

    29 Total Sales

    Jill French
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4411704

Stellar MLS

APN: 0094-06-0009

Florida Sarasota County Sarasota 34233

5565 New Covington Dr, Sarasota, FL

This home is located at 5565 New Covington Dr, Sarasota, FL 34233 since 24 August 2018 and is currently estimated at $653,069, approximately $251 per square foot. This property was built in 2001. 5565 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

Nearby Homes