NOT LISTED FOR SALE

5588 New Covington Dr Sarasota, FL 34233

Estimated Value: $510,655 - $567,000

3 Beds
2 Baths
1,760 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $575,000 $327 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,265/month

25 Days on Market

Highlights

  • In Ground Spa
  • High Ceiling
  • Walk-In Closet
  • Ashton Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of June 2024

Welcome to Covington Place, a cozy community perfectly located to beaches, shopping, and A rated schools! This beautiful home features includes *New Roof *Heated Pool with a new overflow drain* New Luxury Vinyl flooring* New A/C in 2022* New Hot Water Heater 2023 *Backflow replaced 2021 * Recently updated Kitchen with granite counters, new fixtures, appliances, and freshly painted cabinets *New window blinds throughout *New garage door and opener* New Comfort Height Toilets * New Alarm System* New Vinyl Fence *. Schedule your showing today to this wonderful move in ready home.

Last Agent to Sell the Property

Dan Henson

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3319816 Listed on: 04/25/2024

DALTON WADE INC

Last Buyer's Agent

Daniel Jasmer

FINE PROPERTIES License #3106292

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 2002

Lot Details

  • 6,948 Sq Ft Lot
  • North Facing Home
  • Property is zoned RSF4

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • High Ceiling

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Rain Gutters

Schools

  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Gulf Coast Community Management Association
  • Covington Place Community
  • Covington Place, Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,474

Year Built

Built in 2002

Lot Details

0

HOA Fees

$47 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1760
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2342
  • Lot Size Sq Ft: 6948
  • Directions to Property: Coming from Gantt Rd just north of Clark rd, turn onto Oakshire Ave. Turn left at stop sign and follow around to address on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 163917242
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 326.70
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-668-8283
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 5588
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.51
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0164F

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 560
  • Association Fee Frequency: Annually
  • Association Name: Gulf Coast Community Management
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: See Hoa Docs
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 560.00
  • Total Monthly Fees: 46.67
  • Monthly HOA Amount: 46.67

Schools

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

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094060025
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 645

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see HOA docs for leasing rules

Tax Info

  • Tax Annual Amount: 3474
  • Tax Lot: 30

Multi Family

  • Approval Process: see HOA docs- Buyer will need to submit a Buyer Application and pay application fee to HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 25, 2024
Sold by
Lott Robert G and Lott Family Trust
Bought by
Linden Jane Vander
Seller's Agent
Dan Henson
DALTON WADE INC
Buyer's Agent
Daniel Jasmer
FINE PROPERTIES
List Price
$609,000
Sold Price
$575,000
Premium/Discount to List
-$34,000
-5.58%
Views
94
Current Estimated Value
$537,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,586
Avg. Annual Appreciation
-5.71%
Original Mortgage
$402,500
Outstanding Balance
$398,134
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$139,280

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 27, 2023
Sold by
Pastoor Karen M
Bought by
Lott Family Trust
Seller's Agent
Monica DeSomma
PREFERRED SHORE LLC
Buyer's Agent
Tony DiFolco, III
DALTON WADE INC
List Price
$588,000
Sold Price
$566,000
Premium/Discount to List
-$22,000
-3.74%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jun 17, 2019
Sold by
Hockett Chad M and Hockett Eileen M
Bought by
Pastoor Karen M
Seller's Agent
Gregg Rappaport
PARADISE REALTY OF SARASOTA
Buyer's Agent
Pamela Strom
RE/MAX PALM
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%
Original Mortgage
$289,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2002
Sold by
Morrison Homes Inc
Bought by
Hockett Chad M and Hockett Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
6.92%
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
Linden Jane Vander $575,000 None Listed On Document
Lott Family Trust $566,000 None Listed On Document
Pastoor Karen M $305,000 Platinum Title Llc
Hockett Chad M $165,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linden Jane Vander $402,500
Previous Owner Pastoor Karen M $290,205
Previous Owner Pastoor Karen M $289,750
Previous Owner Hockett Chad M $236,200
Previous Owner Hockett Chad M $247,000
Previous Owner Hockett Chad M $28,000
Previous Owner Hockett Chad M $159,000
Previous Owner Hockett Chad M $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $575,000 -1.7% $327 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/19/2024 05/19/24 Price Changed $585,000 -1.7% $332 / Sq Ft
05/09/2024 05/09/24 Price Changed $595,000 -2.3% $338 / Sq Ft
04/25/2024 04/25/24 For Sale $609,000 +7.6% $346 / Sq Ft
04/28/2023 04/28/23 Sold $566,000 -3.7% $322 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $588,000 +92.8% $334 / Sq Ft
06/17/2019 06/17/19 Sold $305,000 -1.6% $173 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $309,900 -1.6% $176 / Sq Ft
02/10/2019 02/10/19 Price Changed $314,900 -1.6% $179 / Sq Ft
01/22/2019 01/22/19 For Sale $319,900 -- $182 / 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 $3,474 $441,500 $103,800 $337,700
2023 $3,474 $289,162 $0 $0
2022 $3,362 $280,740 $0 $0
2021 $3,316 $272,563 $0 $0
2020 $3,320 $268,800 $63,900 $204,900
2019 $2,685 $221,255 $0 $0
2018 $2,612 $217,130 $0 $0
2017 $2,598 $212,664 $0 $0
2016 $2,587 $218,900 $48,600 $170,300
2015 $2,631 $212,400 $38,400 $174,000
2014 $2,619 $204,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4608399

Stellar MLS

APN: 0094-06-0025