NOT LISTED FOR SALE

5229 Bay Blvd Port Richey, FL 34668

Estimated Value: $249,000 - $299,000

2 Beds
2 Baths
1,226 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $280,000 $228 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,720/month

12 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Fishing
  • No HOA
  • Public Boat Ramp
  • Solar Power System
  • 3-minute walk to Oelsner Park

About This Home

As of September 2022

Spacious waterfront home in the sought-after Port Richey Waterfront District. This home is on an oversized lot on the water with Gulf access. Bring all your toys; there is no HOA in Martha's Vineyard. The community has three waterfront parks with Gulf access. The home is just a short distance from all the hottest local waterfront restaurants. You can get to these great places by the water, walking or by car, your choice. The home has a mother-in-law suite with its own private entrance. The community itself, other than the county, does not have any restrictions on rentals. The home can be a great investment property as well.

Last Agent to Sell the Property

Gena McCulloch

RE/MAX CONSULTANTS REALTY 1 License #3374528 Listed on: 08/11/2022

RE/MAX CONSULTANTS REALTY 1

Last Buyer's Agent

Jeff Salisbury

DALTON WADE INC License #3467596

DALTON WADE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a bayou
  • South Facing Home
  • Fenced
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Property Views

  • Water
  • Bayou

Home Design

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

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Access To Bayou
  • Seawall

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Marthas Vineyard Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Public Boat Ramp
  • Community Playground
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1226
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1968
  • Lot Size Sq Ft: 13930
  • Directions to Property: US 19 to Bay Blvd house is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8173012?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8173012?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96552
  • Price per Sq Ft: 228.38
  • Close to Original List Price Ratio: 0.96552
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5229
  • Room Count: 4
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water View: Bayou
  • Water Access: Bayou
  • Water Extras: Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 120
  • Water Frontage Feet Bayou: 120

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Golf Carts OK, Park, Playground, Public Boat Ramp, Sidewalk, Water Access, Waterfront
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 16-25-29-005.0-000.00-008.0
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Power: Solar

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Check with the county for restrictions.
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 914.68
  • Tax Block: 0
  • Tax Book Number: 5-69
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 23, 2022
Sold by
Vanbui Thuy
Bought by
Khayenko Andriy
Seller's Agent
Gena McCulloch
RE/MAX CONSULTANTS REALTY 1
Buyer's Agent
Jeff Salisbury
DALTON WADE INC
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Views
21
Current Estimated Value
$270,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,581
Avg. Annual Appreciation
-0.61%
Original Mortgage
$266,000
Outstanding Balance
$254,608
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$20,499

Purchase Details

Closed on
Jun 11, 2015
Sold by
Slive Malcolm H and Slive Dale
Bought by
Bui Thuy Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 15, 1997
Sold by
State Street Bank And Trust Comp
Bought by
Slive Malcoln H and Slive Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1997
Sold by
Clerk Of The Court
Bought by
State Street Bank And Trust Co Tr
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
Khayenko Andriy $280,000 Sunbelt Title
Bui Thuy Va $139,000 Master Title Service Inc
Slive Malcoln H $41,500 --
State Street Bank And Trust Co Tr $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khayenko Andriy $266,000
Previous Owner Bui Thuy Va $125,000
Previous Owner State Street Bank And Trust Co Tr $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $280,000 -3.4% $228 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $290,000 -- $237 / 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 $2,953 $179,411 $61,534 $117,877
2023 $3,073 $182,137 $57,874 $124,263
2022 $955 $85,770 $0 $0
2021 $915 $83,280 $56,606 $26,674
2020 $900 $82,130 $47,406 $34,724
2019 $834 $80,290 $0 $0
2018 $804 $78,796 $0 $0
2017 $753 $75,619 $0 $0
2016 $747 $74,796 $41,406 $33,390
2015 $1,614 $73,697 $41,406 $32,291
2014 -- $72,872 $41,406 $31,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8173012

Stellar MLS

APN: 29-25-16-0050-00000-0080