NOT LISTED FOR SALE

7688 Cove Terrace Sarasota, FL 34231

Coral Cove/Holiday Harbor Neighborhood

Estimated Value: $1,472,000 - $3,970,093

3 Beds
2 Baths
3,234 Sq Ft
$938/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $1,450,000 $448 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $19,408/month

186 Days on Market

Highlights

  • 135 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Riverview High School Rated A
  • Boat Ramp
  • Dock made with wood

About This Home

As of November 2017

Wrapped by water and sweeping bay view vistas, this home is ideally situated to enjoy spectacular sunsets and frolicking dolphins and manatees. This is a true boater’s delight with deep sailboat water, easy accesses to the Intracoastal Waterway, no bridges to the bay, a 30,000-pound boat lift that accommodated a beautiful 48-foot boat, a composite dock and a davit for a smaller vessel. Whether you are sitting poolside, relaxing at your indoor bar or your outdoor bar, the views will wow you and your guests. Located at the end of a cul-de-sac on a quiet and upscale street and with 135 feet of gorgeous waterfront, you do not have to navigate bridges by boat or by car. This home is just a five-minute drive to Costco, the YMCA, supermarkets, health food stores and great restaurants, is under 10 minutes to the #1 ranked Siesta Key Beach and has easy access to downtown, the airport and I-75. It can easily be converted to a four-bedroom, three-bath home. This is an opportunity that won’t last long.

Last Agent to Sell the Property

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3337038 Listed on: 03/30/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

James Hirschman

SARASOTA LAND AND HOMES LLC License #3185990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,285

Year Built

  • Built in 1967

Lot Details

  • 0.37 Acre Lot
  • 135 Feet of Bay Harbor Waterfront
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Intracoastal
  • Bayou

Home Design

  • Custom Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,234 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Tile
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Bayou
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Davits
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 0112130002

Community Details

Overview

  • South Pointe Woods Community
  • Southpointe Shores Subdivision
  • The community has rules related to fencing

Recreation

  • Boat Ramp
  • Boat Dock
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,285

Year Built

Built in 1967

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3234
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 4237
  • Lot Size Sq Ft: 15997
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 448.36
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Built-in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Skylight(s), Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Breakfast Room Separate,Great Room

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s), Storage
  • Pool Features: Auto Cleaner, Heated, In Ground, Screen Enclosure, Tile
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor,Bayou,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Davits,Dock - Composite,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift,Sailboat Water,Seawall - Other
  • Water View: Bay/Harbor - Full,Bayou,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 135
  • Flood Zone Panel: 12115C0207F
  • Water Frontage Feet Bay Harbor: 135

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, In Garage, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Fire Hydrant, Sprinkler Well, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Park, Water Access
  • Association Amenities: Dock, Fence Restrictions, Park
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Monthly HOA Amount: 12.50

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0112130002
  • Additional Parcels: No
  • Lot Features: Street Dead-End, Paved
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6285
  • Tax Book Number: 11-15
  • Tax Lot: 78

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Nov 20, 2017
Sold by
Berman Susan M
Bought by
Comalli David Thomas and Comalli Terri Anne
Seller's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
James Hirschman
SARASOTA LAND AND HOMES LLC
List Price
$1,700,000
Sold Price
$1,450,000
Premium/Discount to List
-$250,000
-14.71%
Current Estimated Value
$3,032,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,698
Avg. Annual Appreciation
9.74%
Original Mortgage
$900,000
Outstanding Balance
$754,157
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$2,278,541
Source: Public Records

Range of Values:

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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
Comalli David Thomas $1,450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comalli David Thomas $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $1,450,000 -- --
11/20/2017 11/20/17 Sold $1,450,000 -14.7% $448 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,700,000 -- $526 / 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 $42,268 $3,338,148 -- --
2023 $42,268 $3,997,800 $1,913,900 $2,083,900
2022 $33,349 $2,758,800 $1,139,500 $1,619,300
2021 $14,741 $1,178,100 $1,135,100 $43,000
2020 $15,608 $1,222,600 $1,179,100 $43,500
2019 $16,166 $1,247,900 $1,179,100 $68,800
2018 $15,695 $1,209,300 $922,500 $286,800
2017 $6,295 $485,549 $0 $0
2016 $6,285 $1,388,800 $1,088,300 $300,500
2015 $6,398 $1,042,900 $771,400 $271,500
2014 $6,377 $461,584 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Warm

    Seller's Agent in 2017

    Mike Warm

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 525-2740

    4 in this area

    131 Total Sales

    Mike Warm
    Section Image
  • James Hirschman

    Buyer's Agent in 2017

    James Hirschman

    SARASOTA LAND AND HOMES LLC

    (941) 320-6687

    4 in this area

    115 Total Sales

    James Hirschman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4182312

Stellar MLS

APN: 0112-13-0002

Florida Sarasota County Sarasota 34231 Coral Cove/Holiday Harbor

7688 Cove Terrace, Sarasota, FL

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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