Large Location Icon

5488 New Covington Dr; Sarasota, FL Property Details

5488 New Covington Dr, Sarasota, FL is a Single Family that was built in 2001. This property is currently Financed and is not for sale. Our records show that 5488 New Covington Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,596 square feet. The lot size of 5488 New Covington Dr is 6,820 square feet.

Off market
5488 New Covington Dr Sarasota, FL 34233
$430,000 Listing Price
4 Beds
3 Baths
2,596 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $430,000
  • Open Loans / Balance: 1 / $353,595
  • Est. Equity / %: $213,405 / 37.64%
  • Gross Yield: 7.831%
  • APN: 0094-06-0037
  • Situs County: Sarasota
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Hip
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,596/SqFt
  • Lot: 6,820/SqFt
  • Gross: 3,268/SqFt
  • Garage: 672/SqFt
  • Living: 2,596/SqFt
  • Building: 3,268/SqFt
  • Ground: 2,201/SqFt
  • Price Per Square Foot: $165.64

Legal Description

  • Description: LOT 18 COVINGTON PLACE UNIT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.274126 / -82.45825
  • Subdivision: Covington Place, Unit 1
  • Property Class: Residential
  • Zoning: RSF4
  • County Use Code: 0100

Amenities

  • Pool: true
  • Plus Four: 5217
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $150
  • H O A Amount: $150
  • H O A One Frequency: Quarterly
  • H O A One Name: Covington Place Homeowners' Association, Inc.
  • H O A One Type: Home Owner Association

Ownership Info

5488 New Covington Dr has no associated ownership info
5488 New Covington Dr has no associated ownership info.

Taxes

5488 New Covington Dr has 9 associated Taxes items

5488 New Covington Dr, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $393,695. The APN we've located for 5488 New Covington Dr is 0094-06-0037.

Unlock the full report
Taxes
  • Assessed Value:  $393,695
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0094-06-0037
  • Market Land Value:  106700
  • Tax Amount:  4726.68
  • Tax Year:  2024
  • Market Value:  480400
  • Market Year:  2025

Tax History

5488 New Covington Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $393,695 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $382,600 Land Value Improvement Value Tax Amount $4,726.68 Change Rate +0.040644% Assessed CR Tax Rate +0.012354%
Year 2023 Assessed Value $371,456 Land Value Improvement Value Tax Amount $4,542.07 Change Rate +0.034518% Assessed CR Tax Rate +0.012228%
Year 2022 Assessed Value $360,637 Land Value Improvement Value Tax Amount $4,390.52 Change Rate +0.048527% Assessed CR Tax Rate +0.012174%
Year 2021 Assessed Value $337,900 Land Value $74,500 Improvement Value $263,400 Tax Amount $4,187.32 Change Rate +0.383543% Assessed CR Tax Rate +0.012392%
Year 2020 Assessed Value $239,223 Land Value Improvement Value Tax Amount $3,026.52 Change Rate +0.038578% Assessed CR Tax Rate +0.012651%
Year 2019 Assessed Value $233,845 Land Value Improvement Value Tax Amount $2,914.1 Change Rate +0.02688% Assessed CR Tax Rate +0.012462%
Year 2018 Assessed Value $229,485 Land Value Improvement Value Tax Amount $2,837.82 Change Rate -0.007963% Assessed CR Tax Rate +0.012366%
Year 2017 Assessed Value $224,765 Land Value Improvement Value Tax Amount $2,860.6 Change Rate Assessed CR Tax Rate +0.012727%
Year 2016 Assessed Value $267,700 Land Value $48,000 Improvement Value $219,700 Tax Amount $2,860.6 Change Rate Assessed CR Tax Rate +0.010686%
Year 2015 Assessed Value $259,900 Land Value $37,900 Improvement Value $222,000 Tax Amount $2,860.6 Change Rate +0.004146% Assessed CR Tax Rate +0.011007%
Year 2014 Assessed Value $213,672 Land Value Improvement Value Tax Amount $2,848.79 Change Rate Assessed CR Tax Rate +0.013333%