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7642 Cove Ter; Sarasota, FL Property Details

7642 Cove Ter, Sarasota, FL is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 7642 Cove Ter has 4 bedrooms, and 3 bathrooms, and a total of 2,383 square feet. The lot size of 7642 Cove Ter is 15,000 square feet.

Off market
7642 Cove Ter Sarasota, FL 34231
$860,000 Listing Price
4 Beds
3 Baths
2,383 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $860,000
  • Open Loans / Balance: 3 / $978,835
  • Est. Equity / %: $-67,835 / -7.45%
  • Gross Yield: 6.815%
  • APN: 0112-13-0024
  • Situs County: Sarasota
  • Length Of Ownership: 5 years

Rooms

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

Structure

  • Building Style: Masonry
  • Floor Cover Type: Stone
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Mansard
  • Pool Type: Yes
  • Porch Type: Open
  • Roof Cover Type: Other
  • Water Source: Municipal
  • Patio Type: Patio

Measurements

  • Total: 2,383/SqFt
  • Lot: 15,000/SqFt
  • Gross: 2,971/SqFt
  • Garage: 588/SqFt
  • Living: 2,383/SqFt
  • Building: 2,971/SqFt
  • Ground: 2,383/SqFt
  • Price Per Square Foot: $360.89

Legal Description

  • Description: LOT 17 SOUTHPOINTE SHORES 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: 27.242 / -82.51142
  • Subdivision: Southpointe Shores Unit 1
  • Property Class: Residential
  • Zoning: RSF1
  • County Use Code: 0100

Amenities

  • Pool: true
  • Plus Four: 5302
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $195
  • H O A Amount: $195
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

7642 Cove Ter has no associated ownership info
7642 Cove Ter has no associated ownership info.

Taxes

7642 Cove Ter has 9 associated Taxes items

7642 Cove Ter, 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 $463,409. The APN we've located for 7642 Cove Ter is 0112-13-0024.

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Taxes
  • Assessed Value:  $463,409
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0112-13-0024
  • Market Land Value:  321500
  • Tax Amount:  5732.63
  • Tax Year:  2025
  • Market Value:  671800
  • Market Year:  2025

Tax History

7642 Cove Ter has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $463,409 Land Value Improvement Value Tax Amount $5,732.63 Change Rate +0.035253% Assessed CR Tax Rate +0.012371%
Year 2024 Assessed Value $450,349 Land Value Improvement Value Tax Amount $5,537.42 Change Rate +0.037635% Assessed CR Tax Rate +0.012296%
Year 2023 Assessed Value $437,232 Land Value Improvement Value Tax Amount $5,336.58 Change Rate +0.055409% Assessed CR Tax Rate +0.012205%
Year 2022 Assessed Value $412,458 Land Value Improvement Value Tax Amount $5,056.41 Change Rate -0.213677% Assessed CR Tax Rate +0.012259%
Year 2021 Assessed Value $476,700 Land Value $195,000 Improvement Value $281,700 Tax Amount $6,430.45 Change Rate +0.013394% Assessed CR Tax Rate +0.01349%
Year 2020 Assessed Value $461,000 Land Value $206,300 Improvement Value $254,700 Tax Amount $6,345.46 Change Rate +0.174126% Assessed CR Tax Rate +0.013765%
Year 2019 Assessed Value $425,937 Land Value Improvement Value Tax Amount $5,404.41 Change Rate +0.277143% Assessed CR Tax Rate +0.012688%
Year 2018 Assessed Value $333,144 Land Value Improvement Value Tax Amount $4,231.64 Change Rate +0.029488% Assessed CR Tax Rate +0.012702%
Year 2017 Assessed Value $326,292 Land Value Improvement Value Tax Amount $4,110.43 Change Rate Assessed CR Tax Rate +0.012597%
Year 2016 Assessed Value $423,500 Land Value $150,000 Improvement Value $273,500 Tax Amount $4,110.43 Change Rate Assessed CR Tax Rate +0.009706%
Year 2015 Assessed Value $364,300 Land Value $137,800 Improvement Value $226,500 Tax Amount $4,110.43 Change Rate +0.003513% Assessed CR Tax Rate +0.011283%
Year 2014 Assessed Value $295,947 Land Value Improvement Value Tax Amount $4,096.04 Change Rate Assessed CR Tax Rate +0.01384%