When was property at 5418 New Covington Drive built and last sold?

The property at 5418 New Covington Drive was built in 2001 and last sold on Jun 27, 2022 for $550,000.

How much is this home worth?

The estimated value of the home located at 5418 New Covington Drive is $555,722.

What are some comparable homes to 5418 New Covington Drive?

There are currently no comparable homes to 5418 New Covington Drive.

Sarasota

34233

Covington Place

5418 NEW COVINGTON DRIVE

$495,000

● House - Off Market

5418 NEW COVINGTON DRIVE

SARASOTA, FL 34233

3 Beds

2 Baths

1,721 Ft²

$3,288

Est. Monthly

$150

HOA / Fees

4.88%

Cap Rate

About This Property

Live worry-free in this beautifully rebuilt home!

Extensive renovations from the ground up in 2021! This home offers peace of mind with all the modern standards. Enjoy newer electrical, plumbing, roof, HVAC, drywall, hot water heater, appliances, and all impact-rated windows and doors.

With 14-foot ceilings and an open floor plan, the home feels spacious and bright-perfect for entertaining, yet offering cozy spaces like the eat-in kitchen nook.

No detail has been overlooked. You'll find stylish plank tile flooring throughout, soft-close cabinetry, and granite countertops adding a modern touch.

Start your day with tranquil water views and unwind at night with spectacular sunsets. The west-facing porch, free of rear neighbors, creates the perfect private retreat.

All of this is located in a highly sought-after school district, making this home a true gem!

Unit Size

1,721 Ft²

Days on Market

102 days

Land Size

0.16 acres

Price per sqft

$320

Property Type

House

Property Taxes

$437

HOA Dues

$150

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (Stellar MLS #A4661233)

Price History

Date / Event	Date	Event
Dec 2, 2025	Sold	Premium
Sold
Oct 25, 2025	In contract	-
In contract
Aug 22, 2025	Listed by COLDWELL BANKER REALTY	$550,000
Listed by COLDWELL BANKER REALTY
Jul 25, 2022	Sold	Premium
Sold
May 10, 2022	Listed by COLDWELL BANKER REALTY	$525,000
Listed by COLDWELL BANKER REALTY
Aug 24, 2011	Sold	Premium
Sold
Sep 20, 2001	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2016
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 2
Building Condition: 0
Building Quality: 5
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 462
Parking Space Count: 2
Patio Type: 59
Porch Type: 111
Pool Type: 0
Location Influence Type: 125

Dimensions

Lot Size Square Feet: 6,820

Total Building Area: 2,183
Gross Building Area: 2,312
Building Area: 1,721
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,721
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: COVINGTON PLACE, UNIT 1
Land Acres: 0000000157
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 12 COVINGTON PLACE UNIT 1

Neighborhood

School District Name: Sarasota County School District

School Tax School District: A055 F052 G054
Census Tract: 001511

Zoning

Zoning: RSF4

Geography

Assessors Map Reference: 29A

Account Number: 0094030017
Subdivision Tract Number: 2790
Parcel: 0094-03-0017
Lot: 12
Meridian: SEC 12 TWN 37S RNG 18E
Municipality: SARASOTA COUNTY
Latitude: 27.2752
Longitude: -82.4582

Address

Full Address: 5418 New Covington Dr

Legal Unit: 1
Address - House Number: 5418
Address - Street Name: New Covington
Address - Suffix Type: Dr
State: FL
City Name: Sarasota
Carrier Code: R054
4-Digit Zip Code: 5217
Zip Code: 34233

Valuation

Tax

Total Area: 2,354

Tax Year: 2023
Tax Amount: $525,238
Tax Rate Code Area: 0100

Appraisal Valuation

Standard Deviation: 0.1916

Valuation Date: Jan 10, 2024
Confidence Score: 74
Final Value: 574,921
High Value: 685,091
Low Value: 464,752

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $407,000

Market Land Value: $105,200
Market Improvement Value: $301,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $407,000
Assessed Land Value: $105,200
Assessed Improvements Value: $301,800

Sales

Current Sale Contract Date: Jun 27, 2022

Current Sale Recording Date: Jul 25, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 123487
Previous Sale Recording Date: Aug 24, 2011
Previous Sale Contract Date: Aug 22, 2011
Previous Sale Amount: $196,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Covington Place

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5320 Moeller Avenue, SARASOTA, FL, 34233

$3,000 /mo

3 Beds
2 Baths
1,036 ft²

5320 Moeller Avenue, SARASOTA, FL, 34233 Listing by Irma Scherer

Unit for rent at 3724 Taro Place, SARASOTA, FL, 34232

$2,800 /mo

3 Beds
2 Baths
1,116 ft²

3724 Taro Place, SARASOTA, FL, 34232 Listing by Katy Oliva Anariba

Unit for rent at 5377 Crestlake Boulevard, FL, 34233

$2,995 /mo

2 Beds
2 Baths
1,032 ft²

5377 Crestlake Boulevard #69, FL, 34233 Listing by Robin De Busk

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jen Topjun
COLDWELL BANKER REALTY
Last Updated: 11 months ago
Data Source: Stellar MLS, MLS# A4661233

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5418 NEW COVINGTON DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Covington Place

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions