NOT LISTED FOR SALE

5111 Royal Palms Way Unit 202 New Port Richey, FL 34652

New Port Richey West Neighborhood

Estimated Value: $224,000 - $253,000

2 Beds
2 Baths
1,060 Sq Ft
$287/mo HOA Fee

Last Sold April 08, 2024

Last sale price $247,000 $233 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,671/month

63 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1 Car Garage
  • Community Pool

About This Home

As of April 2024

Welcome to your new home at Regency Palms Condominiums, where luxury and convenience meet! This 2017-built condo offers a lifestyle of comfort in a prime location right off US-19. Hop on the ELEVATOR to go up to the 2nd floor, or take one flight of stairs. Say goodbye to high condo fees - this gem comes with LOW CONDO FEES, making it a smart and affordable choice! Walking distance to downtown New Port Richey Main Street bars, shops, and restaurants. Screened in Balcony/Patio. Modern touches, such as touchless kitchen faucet, stainless-steel appliances, and crown molding. Microwave was upgraded in 2023. NO CARPET! Seller upgraded all lighting fixtures to add personal touch. Walk into this open concept CONDO, with a split bedroom floor plan. Custom cabinets with granite countertops all throughout. Convertible 236 sq ft bonus room used as a 3rd bedroom for guests, complete with heating & cooling wall unit. Washer & Dryer area is inside the Condo. Very spacious garage with 288 sq feet. OPTIONAL: Private Beach Access at Gulf Harbor Private Beach Club for $180/year. This condo unit is situated on the back side of the building, providing a tranquil retreat. Regency Palms Condominiums has community pool with private key entry for members only. Be at Clearwater Beach in less than 45 minutes, and St Petersburg in under 1 hour.

Last Agent to Sell the Property

Darrell Weddle

REMAX Marketing Specialists License #3281621 Listed on: 12/11/2023

REMAX Marketing Specialists

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 2017

HOA Fees

  • $287 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Assigned Parking

Interior Spaces

  • 1,060 Sq Ft Home
  • 3-Story Property
  • Electric Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2020 / 0010
  • Assessor Parcel Number 05-26-16-0230-001000-2020

Community Details

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,645

Year Built

Built in 2017

Lot Details

0

HOA Fees

$287 per month

Parking

1

Listing Details

  • Directions: Driving Directions: South on US-19. Turn right onto Main St. Turn right onto Oelsner St. Turn right onto Royal Palms Way. Condo on Left.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Not In Hernando
  • Year Built: 2017
  • Building Stories: 3
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Electric Oven, Refrigerator
  • Reso Association Amenities: Pool
  • Co List Office Phone: 352-686-0540
  • MLS Status: Closed
  • Architectural Style: Other
  • Carport Y N: Yes
  • New Construction: No
  • Master Plan Zoning: Other
  • Location Tax and Legal Elementary School: Not Zoned for Hernando
  • Location Tax and Legal High School: Not Zoned for Hernando
  • General Property Information Lot Size Square Feet2: 0.74
  • General Property Information Carport YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information:Pool Private YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Parcel Number2: 05-26-16-0230-001000-2020
  • Location Tax and Legal:Tax Annual Amount: 1645.0
  • Location Tax and Legal Zoning Description2: Other
  • Location Tax and Legal Tax Year2: 2023
  • Location Tax and Legal Tax Lot2: 2020
  • General Property Information New Construction YN: No
  • Utilities:Cable Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 3
  • Utilities:Electricity Available: Yes
  • General Property Information Carport Spaces2: 2.0
  • Flooring Laminate: Yes
  • Flooring Wood: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate, Wood
  • Interior Amenities: Split Plan
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Owner
  • Appliances:Electric Oven: Yes
  • Interior Features:Split Plan: Yes

Exterior Features

  • Waterfront: No
  • Pool Private: No
  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Assigned
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 287.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool3: Yes
  • General Property Information:Association Fee: 287.0
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Not Zoned for Hernando
  • High School: Not Zoned for Hernando
  • Middle Or Junior School: Not Zoned for Hernando

Lot Info

  • Lot Size Sq Ft: 0.74
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 05-26-16-0230-001000-2020
  • Zoning Description: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1645.0
  • Tax Block: 0010
  • Tax Lot: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Apr 8, 2024
Sold by
Gargiulo Rebecca N
Bought by
Spears William A
Seller's Agent
Darrell Weddle
REMAX Marketing Specialists
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$264,900
Sold Price
$247,000
Premium/Discount to List
-$17,900
-6.76%
Current Estimated Value
$232,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,756
Avg. Annual Appreciation
-4.16%
Original Mortgage
$229,000
Outstanding Balance
$139,780
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Estimated Equity
$92,464

Purchase Details

Closed on
Jul 29, 2020
Sold by
Crosby William T and Crosby Sara V
Bought by
Gargiulo Rebecca N

Purchase Details

Closed on
Dec 18, 2017
Sold by
Capitol Secure Investments Llc
Bought by
Crosby William T and Crosby Sara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Spears William A $247,000 Southern Security Title
Spears William A $247,000 Southern Security Title
Gargiulo Rebecca N $165,000 Kleer Title Llc
Crosby William T $155,000 Total Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears William A $229,000
Closed Spears William A $229,000
Previous Owner Crosby William T $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $247,000 -6.8% $233 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
12/09/2023 12/09/23 For Sale $264,900 -- $250 / Sq Ft
Source: Hernando County Association of REALTORS®

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 $1,900 $117,260 -- --
2023 $1,848 $113,850 $0 $0
2022 $1,693 $110,540 $0 $0
2021 $1,641 $107,321 $5,500 $101,821
2020 $2,267 $134,120 $5,500 $128,620
2019 $2,212 $131,111 $0 $0
2018 $2,171 $128,666 $5,500 $123,166
2017 $145 $5,500 $5,500 $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

  • Darrell Weddle

    Seller's Agent in 2024

    Darrell Weddle

    RE/MAX

    1 in this area

    52 Total Sales

    Darrell Weddle
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Hernando County Association of REALTORS®

MLS Number: 2235593

Hernando County Association of REALTORS®

APN: 05-26-16-0230-00100-2020

Florida Pasco County New Port Richey 34652 New Port Richey West

5111 Royal Palms Way Unit 202, New Port Richey, FL

This home is located at 5111 Royal Palms Way Unit 202, New Port Richey, FL 34652 since 11 December 2023 and is currently estimated at $232,244, approximately $219 per square foot. This property was built in 2017. 5111 Royal Palms Way Unit 202 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.

Hernando County Association of REALTORS® This information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

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