NOT LISTED FOR SALE

5088 Royal Palms Way Unit 201 New Port Richey, FL 34652

New Port Richey West Neighborhood

Estimated Value: $226,000 - $246,000

2 Beds
2 Baths
1,100 Sq Ft
$245/mo HOA Fee

Last Sold July 17, 2021

Last sale price $190,000 $173 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,711/month

2 Days on Market

Highlights

  • Water Access
  • Open Floorplan
  • Stone Countertops
  • 0.74 Acre Lot
  • Property is near public transit
  • Community Pool

About This Home

As of July 2021

Live stress-free in a 2016 move-in ready condo with private one car garage and storage room. Here’s a bonus for those who live to watch sunsets or play at the beach... For an optional additional fee of $150 annually you can join the private, gated Gulf Harbors Beach Club! Located on the second floor providing peace of mind, this 2-bedroom, 2-bathroom home has a screened-in porch that's perfect for relaxing with a good book or your laptop computer. A light filled open floor plan connects directly with the kitchen, living room, and dining room. Upgraded Shaker style cabinets are topped with crown molding in a kitchen with stainless steel appliances, two cabinet-style pantrys, granite counter tops, and a breakfast bar. The dining room is spacious enough for a breakfast nook with table and two chairs. Need space for a large sofa? The living room can be broken up into two sitting areas or one sizeable space. A great split bedroom plan offers privacy for the master suite to one side of the condo and the guest bedroom and bathroom to the other side. The seller spared no expense by installing a California Closet system in the master bedroom walk-in closet. The master ensuite has a glass framed walk-in shower and granite-topped vanity. The guest bedroom can accommodate two twin beds and a dresser. This home includes a one-car 288 square foot detached garage PLUS a 236 square foot storage room complete with French doors that open to a patio... WOW! The community has a lovely pond with fountain that is seen from the refreshing pool and heated spa. This building has an elevator just in case you don't want to use the stairs. Live right off US Highway 19 near the vibrant Downtown New Port Richey that provides restaurants, shopping, natural food market, bakery, weekly downtown markets, coffee shop, events, parks, a dog club, a kayak club, lodging, and a scenic stroll over the Cotee River. You definitely get a lot for your money with this home... don't miss out and schedule an appointment to view it today!

Last Agent to Sell the Property

Toni Benton

KELLER WILLIAMS REALTY- PALM H License #3303431 Listed on: 06/07/2021

KELLER WILLIAMS REALTY- PALM H

Last Buyer's Agent

Michelle Testa

DALTON WADE INC License #3378656

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 2016

Lot Details

  • Street terminates at a dead end
  • North Facing Home

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Reserved Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Laundry closet

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Richey Elementary School
  • Gulf Middle School
  • Gulf High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Condominium Associates Association, Phone Number (813) 341-0943
  • Visit Association Website
  • Regency Palms Subdivision, Hampton Floorplan
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,662

Year Built

Built in 2016

Lot Details

0

HOA Fees

$245 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1100
  • Lot Size Acres: 0.74
  • New Construction: No
  • Year Built: 2016
  • Lot Size Sq Ft: 32119
  • Directions to Property: FROM US HWY 19, TURN WEST ONTO MAIN ST. PASS THE TOWN SQUARE VILLAS. DRIVEWAY IS IMMEDIATELY FOLLOWING ON THE RIGHT-HAND SIDE WHERE YOU WILL TURN ONTO BANYAN RD. FOLLOW BANYAN TO THE END AND TURN RIGHT ONTO REGENCY PALMS. PROPERTY IS SECOND BUILDING ON THE RIGHT. THE UNIT IS ON THE LEFT SIDE OF THE BUILDING. IF YOU TAKE THE STAIRS UNIT 201 IS ON THE LEFT AT THE TOP OF THE STAIRS. IF YOU TALE THE ELEVATOR THE UNIT IS TO THE RIGHT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8126041?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8126041?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.05556
  • Price per Sq Ft: 172.73
  • Close to Original List Price Ratio: 1.05556
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 5088
  • Room Count: 5
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Balcony, French Doors, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Driveway, Garage Door Opener, Ground Level, Guest, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Playground, Pool, Water Access
  • Association Amenities: Cable TV, Elevator(s), Maintenance, Optional Additional Fees, Playground, Pool, Spa/Hot Tub, Vehicle Restrictions
  • Association Name: Condominium Associates
  • Phone: 813-341-0943
  • Association: No
  • Senior Community: No
  • Condo Fees: 245
  • Condo Fees Term: Monthly
  • Association Website: https://condominiumassociates.com/
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 245
  • Amenities Additional Fees: OPTIONAL FEE: Gulf Harbor Beach Club Membership available for $150 annually.
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2940
  • Total Monthly Fees: 245

Schools

  • Elementary School: Richey Elementary School
  • High School: Gulf High-PO
  • Middle Or Junior School: Gulf Middle-PO

Lot Info

  • Zoning: MPUD
  • Parcel Number: 16-26-05-023.0-010.00-201.0
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 8-12 Months
  • Approval Process: APPLICATION.
  • Pet Restrictions: CONFIRM PET RESTRICTIONS WITH ASSOCIATION AND MUNICIPALITY.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: CONFIRM PET RESTRICTIONS WITH ASSOCIATION AND MUNICIPALITY.

Tax Info

  • Tax Annual Amount: 1661.95
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 16, 2021
Sold by
Abate Mary G
Bought by
Senior Jennifer Noreen and Mohaupt Carolyn Suzanne
Seller's Agent
Toni Benton
KELLER WILLIAMS REALTY- PALM H
Buyer's Agent
Michelle Testa
DALTON WADE INC
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%
Current Estimated Value
$223,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,250
Avg. Annual Appreciation
5.58%
Original Mortgage
$180,500
Outstanding Balance
$164,484
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$72,418

Purchase Details

Closed on
Jan 13, 2016
Sold by
Capital Secure Investments Llc
Bought by
Abate Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Senior Jennifer Noreen $190,000 Alliance Title Group Inc
Senior Jennifer Noreen $190,000 Alliance Title Group
Abate Mary G $130,100 Total Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senior Jennifer Noreen $180,500
Closed Senior Jennifer Noreen $180,500
Previous Owner Abate Mary G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2021 07/17/21 Sold $190,000 +5.6% $173 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $180,000 -- $164 / 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 $2,922 $162,240 -- --
2023 $2,859 $157,520 $0 $0
2022 $2,640 $152,932 $5,500 $147,432
2021 $1,683 $109,180 $5,500 $103,680
2020 $1,662 $107,680 $5,500 $102,180
2019 $1,615 $105,260 $0 $0
2018 $1,577 $103,166 $0 $0
2017 $1,556 $103,166 $0 $0
2016 $133 $5,500 $5,500 $0
2015 $135 $5,500 $5,500 $0
2014 $123 $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Toni Benton

    Seller's Agent in 2021

    Toni Benton

    KELLER WILLIAMS REALTY- PALM H

    (813) 786-5467

    2 in this area

    148 Total Sales

    Section Image
  • Michelle Testa

    Buyer's Agent in 2021

    Michelle Testa

    DALTON WADE INC

    (813) 444-3543

    1 in this area

    29 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: U8126041

Stellar MLS

APN: 05-26-16-0230-01000-2010

Florida Pasco County New Port Richey 34652 New Port Richey West

5088 Royal Palms Way Unit 201, New Port Richey, FL

This home is located at 5088 Royal Palms Way Unit 201, New Port Richey, FL 34652 since 07 June 2021 and is currently estimated at $236,902, approximately $215 per square foot. This property was built in 2016. 5088 Royal Palms Way Unit 201 is a home located in Pasco County with nearby schools including Richey Elementary School, Gulf Middle School, and Gulf High School.

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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