NOT LISTED FOR SALE

5632 Oakshire Ave Sarasota, FL 34233

Estimated Value: $514,218 - $557,000

4 Beds
2 Baths
2,062 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $550,000 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,444/month

34 Days on Market

Highlights

  • 60 Feet of Lake Waterfront
  • Open Floorplan
  • High Ceiling
  • Ashton Elementary School Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of October 2022

Welcome home to this lovely Covington Place four-bedroom lakefront move-in ready home in one of the most sought-after Sarasota school districts! This spacious floor plan is ideal for a growing family and/or work-from-home setting. The long foyer welcomes you to the den, dining, kitchen and great room. Volume ceilings throughout enhance the roomy and flexible floor plan. Sliders open to the large covered and screened lanai with serene backyard and lake views. Hide away in your private master suite with a huge walk-in closet, dual vanity sink, garden tub, large private shower and private commode. A large breakfast bar highlights the bright, airy kitchen with plenty of workspace for all your cooking needs. This split and open floor plan is perfect for a growing family or entertaining while allowing privacy for all that live or visit. The fourth bedroom is currently being used as an office/den/guest room. Bring your binoculars, because this lakefront lot provides a front-row view of wildlife and water-wading birds galore. Nestled in Covington Place in one of Sarasota’s best A-rated school districts, which includes Ashton Elementary, Sarasota Middle and Riverview High. Permanent residents live in this quaint community, are neighborly and take pride in ownership. The location is about 5-minutes to I-75 and places a myriad of shopping and dining options nearby. It is also close to the Legacy Trail, with a new park and trailhead about a mile away, several county-maintained recreation destinations, and the world-renowned sugar sand beaches of Siesta Key! Don't wait, make this dream home your reality today!

Last Agent to Sell the Property

Liz Arme

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3056405 Listed on: 09/09/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Susan Mitchell

MICHAEL SAUNDERS & COMPANY License #0556241

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 2001

Lot Details

  • 6,713 Sq Ft Lot
  • 60 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF4

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,062 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Association fees include common area taxes, escrow reserves fund, fidelity bond, ground maintenance, management
  • Bill Ashby Association, Phone Number (941) 870-5600
  • Covington Place Community
  • Covington Place, Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,684

Year Built

Built in 2001

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Fidelity Bond, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2062
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2726
  • Lot Size Sq Ft: 6713
  • Directions to Property: From I-75: Take exit onto Clark Rd, head west, turn right (north) onto Gantt Rd, turn left onto Ashton Rd, turn left onto New Covington. Left on Oakshire Avenue, House on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 266.73
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5632
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Inside Utility
  • Living Area Meters: 191.57
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Concrete
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 60
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0164F
  • Water Frontage Feet Lake: 60

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Sidewalks
  • Association Fee: 125
  • Association Fee Frequency: Quarterly
  • Association Name: Bill Ashby
  • Phone: 941-870-5600
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: bill@gulfcoastcm.com

Fee Information

  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67
  • Monthly HOA Amount: 41.67

Schools

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

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0094030010
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 624

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA documents HOA does not allow short-term rentals such as Air BnB

Tax Info

  • Tax Annual Amount: 3684
  • Tax Lot: 56

Multi Family

  • Waterfront Features: Lake
  • Approval Process: See HOA documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 21, 2022
Sold by
Binnekamp Roy Quentin
Bought by
Miller Paul Stanley and Miller Michelle Kathleen
Seller's Agent
Liz Arme
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Susan Mitchell
MICHAEL SAUNDERS & COMPANY
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$541,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,945
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Dec 19, 2008
Sold by
Baron John A and Baron Karen D
Bought by
Binnekamp Roy Quentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
Sold by
Mead Arthur F and Mead Carole A
Bought by
Baron John A and Baron Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
5.96%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 24, 2001
Sold by
Morrison Homes Inc
Bought by
Mead Arthur F and Mead Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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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
Miller Paul Stanley $550,000 --
Binnekamp Roy Quentin $295,500 Attorney
Baron John A $277,000 Sunbelt Title Agency
Mead Arthur F $186,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binnekamp Roy Quentin $207,200
Previous Owner Baron John A $25,000
Previous Owner Baron John A $198,500
Previous Owner Mead Arthur F $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $550,000 -4.3% $267 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $575,000 -3.4% $279 / Sq Ft
09/18/2022 09/18/22 Price Changed $595,000 -4.8% $289 / Sq Ft
09/09/2022 09/09/22 For Sale $625,000 0.0% $303 / Sq Ft
11/17/2020 11/17/20 Off Market $1,850 -- --
08/19/2020 08/19/20 Rented $1,850 0.0% --
07/18/2020 07/18/20 Under Contract -- -- --
07/13/2020 07/13/20 For Rent $1,850 -- --
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 $5,274 $429,800 $112,700 $317,100
2023 $5,274 $406,400 $104,700 $301,700
2022 $4,743 $396,400 $129,700 $266,700
2021 $4,025 $292,700 $92,700 $200,000
2020 $3,807 $270,100 $82,200 $187,900
2019 $3,690 $264,500 $85,200 $179,300
2018 $3,466 $248,100 $76,300 $171,800
2017 $3,509 $239,030 $0 $0
2016 $3,189 $217,300 $52,700 $164,600
2015 $3,102 $205,000 $40,700 $164,300
2014 $3,059 $189,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4547498

Stellar MLS

APN: 0094-03-0010