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7648 Cove Terrace Sarasota, FL 34231

$405,900
LOW
$451,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$496,100
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$451,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
AC
Yes
Payment Estimate
--
Baths Full
2
Heating
Yes
Rent Estimate
$2,630Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Parking
Garage
Tax Estimate
$3,584Estimated property taxes paid on an annual basis.
Sq Ft
2,097
Parking Spaces
2
 HomeScore
60A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
62A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
08/04/2015
Style
--
Last Sale Price
$483,000
Year Built
1959

7648 Cove Terrace is located in the Southpointe Shores area of Sarasota, FL. At this time, the property has an estimated value of $451,000 and yearly taxes of $3,584. This home has 3 bedrooms, 2 bathrooms, and approximately 2,097 sqft of living space. The property was built in 1959. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $450,000.

Property History

DateEventSourcePrice
8/4/2015Sign InMFRMLSSign In
8/3/2015Sign InMFRMLSSign In
8/3/2015Sign InMFRMLSSign In
3/15/2010Sign InMFRMLSSign In
10/12/2009Sign InMFRMLSSign In

34231 Market Trends

Check out 34231 homes for sale, read the 34231 real estate news or review the 34231 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
65
Barely Healthy

429

$299,900

123

6.6

Median Sales Price
$210,000
+6.6%
Sales (30 Days)
65
-4.4%

Sarasota Public Schools

A child living at 7648 Cove Terrace, Sarasota, FL would typically attend one of the following public schools: Gulf Gate Elementary School, Brookside Middle School, or Riverview High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Southpointe Shores REAL ESTATE NEWS

The 34231 zip code market got positive news in this week's report, as the number of sales went up to 65 homes sold over the last 30 days. Within the same time frame, the 34243 zip code had 75 sales, t... Read More »

The 34231 zip code is much younger than the rest of Florida, with a median age of 50. It's affluent as well, with a median income of $47,352 per household. Detached homes account for 74% of the area's... Read More »

Over the last 30 days, the 34231 zip code market had a decrease in home sales with 59. Furthermore, the amount of pending transactions continued to decline, with a total of 52 contracts during the sam... Read More »

7648 Cove Terrace Mortgage Information

$451k
$90.2k
3.73%
$1,666

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

7648 Cove Terrace Map

Ask a local expert about this home:
CS
Candy Swick & Company
Listing Agent

7648 Cv Ter, Sarasota, FL 34231US
7648 Cv Ter is located in the Southpointe Shores area of Sarasota, FL. At this time, the property has an estimated value of $451,000 and yearly taxes of $3,584. This home has 3 bedrooms, 2 bathrooms, and approximately 2,097 sqft of living space. The property was built in 1959. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $450,000. Candy Swick is a Homesnap Local Expert in and around Southpointe Shores.
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