$375,000
SOLD MAY 31, 2024

5117 Mallett Dr Port Richey, FL 34668

5 Beds
4 Baths
1,683 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

8% Below List Price

48 Days on Market

Highlights

  • Property is near a marina
  • Attic
  • Sun or Florida Room
  • View of Trees or Woods
  • Bonus Room
  • Stone Countertops

About This Home

As of May 2024

This is a double unit ready for rent investors! Unit A is on the first floor, containing 4 bedrooms and 2.5 bathrooms. The last room is a separate area that is called Unit B, this unit is made into an AirBnB. The room is fully furnished, a private full bathroom, a small kitchen with appliances and granite counter space with wood cabinets and sink, tile flooring and an exterior door. Unit C is all the second floor., with a staircase leading to the side of the house. It has a screen porch overlooking the backyard. This unit contains one master bedroom, a bathroom, a kitchen with wood cabinets and granite counter space, along with laminated floors. This property was remodeled with the county's permission, roof was done in 2020, air conditioning,windows, doors, painting, and appliances. This area is a NO HOA & NO CDD zone! It is located in a quiet area, near the Cody River, and minutes away from shopping centers and fine dining. It is an amazing opportunity for AirBnB and Rental Housing.

Last Agent to Sell the Property

Marilyn Bellas

HOMETRUST REALTY GROUP Brokerage Phone: 813-444-5777 License #3397013 Listed on: 03/12/2024

HOMETRUST REALTY GROUP

Last Buyer's Agent

Wendy Hoffmann

ERA AMERICAN SUNCOAST REALTY License #3468437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1968

Lot Details

  • 10,500 Sq Ft Lot
  • Street terminates at a dead end

Parking

  • Driveway

Home Design

  • Duplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,683 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Views of Woods
  • Attic Ventilator
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Property is near a marina
  • Access to Saltwater Canal
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Behms Sub Subdivision

Building Details

  • Gross Income $52,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,676

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1683
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1968
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10500
  • Directions to Property: US HWY 19 South to Lark Ln (w) on Pier Rd (N) make left onto Mallet Drive follow address.
  • Status: Sold
  • Escrow City: Tarpon Spring
  • Escrow Postal Code: 34689
  • Escrow State: FL
  • Escrow Street Name: US Highway 19 N
  • Escrow Street Number: 38868
  • List Office Head Office Key Nume: 201131298
  • RATIO Current Price By Calculate: 222.82
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 813-444-5777
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Stone Counters
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 5117
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Attic,Bonus Room,Florida Room,Storage Rooms
  • Living Area Meters: 156.36

Exterior Features

  • Exterior Features: Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Sewer Nearby, Street Lights, Water - Multiple Meters, Water Available, Water Connected, Water Nearby
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R2
  • Parcel Number: 32-25-16-0190-00A00-0070
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Marina, Street Dead-End, Paved
  • Flood Zone Code: AE
  • Lot Size Square Meters: 975

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 4300

Multi Family

  • Gross Income: 52000
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2
  • Total Monthly Expenses: 300

Tax Info

  • Tax Annual Amount: 4675.53
  • Tax Block: 0
  • Tax Book Number: 3-139
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 31, 2024
Sold by
Palma-Suarez Remodeling Llc
Bought by
Brancaleoni Amedeo
Seller's Agent
Marilyn Bellas
HOMETRUST REALTY GROUP
Buyer's Agent
Wendy Hoffmann
ERA AMERICAN SUNCOAST REALTY
List Price
$408,900
Sold Price
$375,000
Premium/Discount to List
-$33,900
-8.29%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.72%
Original Mortgage
$100,000
Outstanding Balance
$98,932
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$255,787

Purchase Details

Closed on
Apr 15, 2021
Sold by
Abc Homers Llc
Bought by
Nm Properties Of Sw Fl Llc

Purchase Details

Closed on
Mar 18, 2005
Sold by
Summers Jerome R
Bought by
Kumano Danny T

Purchase Details

Closed on
Apr 24, 2003
Sold by
Fl Real Est Group L L C
Bought by
Summers Jerome R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,775
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Hatfield Judith and Hatfield Paul D
Bought by
Fl Real Est Group L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,775
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
Sold by
Vlp Corporation
Bought by
Hatfield Judith and Hatfield Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Glendale Federal Bank
Bought by
Vlp Corporation

Purchase Details

Closed on
Oct 1, 1997
Sold by
Clerk Of The Court
Bought by
Glendale Federal Bank
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $375,000 Anclote Title Services
Warranty Deed $148,000 Title Now Llc
Warranty Deed $127,500 Title Now Llc
Warranty Deed $115,000 --
Warranty Deed $94,500 --
Corporate Deed $94,500 First American Title Ins Co
Warranty Deed $49,500 --
Warranty Deed $54,000 --
Deed $32,500 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $89,775 Purchase Money Mortgage
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $4,800 New Conventional
Previous Owner $50,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $435,000 0.0% $226 / Sq Ft
06/17/2025 06/17/25 Price Changed $1,500 -6.3% $2 / Sq Ft
05/12/2025 05/12/25 Price Changed $1,600 -11.1% $2 / Sq Ft
02/24/2025 02/24/25 For Rent $1,800 0.0% --
05/31/2024 05/31/24 Sold $375,000 -5.1% $223 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $395,000 -3.4% $235 / Sq Ft
03/12/2024 03/12/24 For Sale $408,900 0.0% $243 / Sq Ft
07/19/2021 07/19/21 Rented $850 0.0% --
07/03/2021 07/03/21 For Rent $850 -- --
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 $4,714 $221,839 $38,105 $183,734
2023 $4,676 $215,021 $34,725 $180,296
2022 $3,006 $143,980 $29,135 $114,845
2021 $2,251 $132,250 $23,425 $108,825
2020 $1,996 $104,470 $13,635 $90,835
2019 $1,813 $104,841 $13,635 $91,206
2018 $1,657 $94,941 $13,635 $81,306
2017 $1,445 $72,791 $10,710 $62,081
2016 $1,285 $59,076 $9,410 $49,666
2015 $1,271 $57,409 $9,410 $47,999
2014 $1,196 $56,170 $9,410 $46,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7862795

Stellar MLS

APN: 32-25-16-0190-00A00-0070