NOT LISTED FOR SALE

5867 Covington Way Sarasota, FL 34232

Estimated Value: $365,000 - $389,000

3 Beds
2 Baths
1,316 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $399,000 $303 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,334/month

48 Days on Market

Highlights

  • Vaulted Ceiling
  • Cul-De-Sac
  • Community Playground
  • Booker High School Rated A-
  • 2 Car Attached Garage
  • Awning

About This Home

As of March 2024

You can't buy a fully renovated home in Sarasota in a great location under $450k. Yep, you can. This 3/2 sits on one of the larger lots in Deer Hollow, has tons of space for a pool plus whatever else you like. Moving inside, it has solid wood custom cabinets nicer than mom's house, a massive quartz counter top, and appliances so new you get to rip the stickers off. Roof only 4 years old, everything else painted and perfect. Only a $500 HOA fee yearly, and you'll be within 10 minutes of a zillion restaurants and other places of interest. Come and get it.

Last Agent to Sell the Property

Darrin Campbell

COMPASS FLORIDA LLC License #3364533 Listed on: 01/02/2024

COMPASS FLORIDA LLC

Co-Listed By

Cole Campbell

COMPASS FLORIDA LLC License #3456841

Last Buyer's Agent

Cole Collins

COLDWELL BANKER REALTY License #3385219

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1994

Lot Details

  • 6,629 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Property is zoned RSF2

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,316 Sq Ft Home
  • Vaulted Ceiling
  • Awning
  • Sliding Doors
  • Luxury Vinyl Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Capstong Association Mgmt / Dylan Clements Association, Phone Number (941) 554-8838
  • Visit Association Website
  • Deer Hollow Community
  • Deer Hollow Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,516

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1316
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1768
  • Lot Size Sq Ft: 6629
  • Directions to Property: Head East on Fruitville. Make left on N Cattleman. Go left on Richardson. Right on Deer Hollow Blvd. Make right onto Covington Way. Home is on left in cul-de-sac.
  • Status: Sold
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 941-265-7692
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 3 Months
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 303.19
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5867
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 122.26
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Awning(s), Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0152F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Playground, Sidewalks
  • Association Amenities: Playground
  • Association Fee: 42
  • Association Fee Frequency: Monthly
  • Association Name: Capstong Association MGMT / Dylan Clements
  • Phone: 941-554-8838
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Only dogs, cats, & birds. No reptiles, birds, livestock, poultry, or animals to be raised, bred, or kept & no commercial purposes.
  • Association Fee Requirement: Required
  • Association Email: Charlyn@Capstongam.com
  • Association URL: https://www.mydeerhollow.com/

Fee Information

  • Total Annual Fees: 504.00
  • Total Monthly Fees: 42.00
  • Monthly HOA Amount: 42.00

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0038080008
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 616

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see association docs.

Tax Info

  • Tax Annual Amount: 3516
  • Tax Book Number: 36-28
  • Tax Lot: 541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 29, 2024
Sold by
Baltic 2 Boardwalk Llc
Bought by
Mercier Keith and Gratz Kathleen
Seller's Agent
Darrin Campbell
COMPASS FLORIDA LLC
Buyer's Agent
Cole Collins
COLDWELL BANKER REALTY
List Price
$460,000
Sold Price
$399,000
Premium/Discount to List
-$61,000
-13.26%
Views
53
Current Estimated Value
$378,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,856
Avg. Annual Appreciation
-3.38%
Original Mortgage
$299,250
Outstanding Balance
$294,685
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$83,459

Purchase Details

Closed on
Aug 11, 1994
Sold by
Koontz Robert L
Bought by
Michelsen Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,600
Interest Rate
8.53%
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
Mercier Keith $399,000 None Listed On Document
Michelsen Susan N $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercier Keith $299,250
Previous Owner Michelsen Susan N $16,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $399,000 -3.9% $303 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $415,000 -2.4% $315 / Sq Ft
01/19/2024 01/19/24 Price Changed $425,000 -3.4% $323 / Sq Ft
01/10/2024 01/10/24 Price Changed $440,000 -4.3% $334 / Sq Ft
01/02/2024 01/02/24 For Sale $460,000 -- $350 / 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 $3,516 $318,700 $107,800 $210,900
2023 $3,516 $291,000 $114,200 $176,800
2022 $3,311 $278,700 $118,100 $160,600
2021 $2,760 $196,700 $76,200 $120,500
2020 $2,534 $172,500 $59,400 $113,100
2019 $2,516 $174,500 $62,700 $111,800
2018 $1,077 $96,447 $0 $0
2017 $1,067 $94,463 $0 $0
2016 $1,052 $144,900 $43,100 $101,800
2015 $1,067 $127,500 $36,000 $91,500
2014 $1,060 $89,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594006

Stellar MLS

APN: 0038-08-0008