NOT LISTED FOR SALE

5425 Waters Edge Dr New Port Richey, FL 34653

Greater New Port Richey South Neighborhood

Estimated Value: $197,000 - $266,000

2 Beds
1 Bath
1,020 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $195,000 $191 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,292/month

26 Days on Market

Highlights

  • 60 Feet of Salt Water Canal Waterfront
  • View of Trees or Woods
  • Porch
  • Floating Dock
  • No HOA
  • Laundry Room

About This Home

As of April 2024

Located on the Cotee River with gulf access, this two-bedroom, one-bathroom has an enclosed carport that is now storage and workshop area.
Seawall and dock. Property is golf cart distance to beautiful downtown New Port Richey and all the amenities it has to offer such as bars, restaurants, shops, retail, a park, a library, a boat ramp, and aquatic center. Property is being sold in "as-is" condition. Seller has never occupied the property. Unrepaired sinkhole home. Cash only.

Last Agent to Sell the Property

Allan Safranek, III

RICHEY REALTY Brokerage Phone: 727-849-1000 License #650088 Listed on: 03/09/2024

Last Buyer's Agent

Allan Safranek, III

RICHEY REALTY Brokerage Phone: 727-849-1000 License #650088 Listed on: 03/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,043

Year Built

  • Built in 1962

Lot Details

  • 6,300 Sq Ft Lot
  • 60 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • East Facing Home
  • Chain Link Fence
  • Landscaped with Trees
  • Property is zoned R3

Property Views

  • Woods
  • Canal

Home Design

  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Range
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Floating Dock
  • Outdoor Storage
  • Porch

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tropic Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,043

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1020
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 1284
  • Lot Size Sq Ft: 6300
  • Directions to Property: Madison Street to East on Warren Avenue to Waters Edge Drive
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048445
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 191.18
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Floating Dock
  • MFR_DockYN: 1
  • Attribution Contact: 727-849-1000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Concrete Perimeter
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5425
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 94.76
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Other, Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 60
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 60

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See City of New Port Richey ordinances

Fee Information

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

Lot Info

  • Zoning: R3
  • Parcel Number: 16-26-09-004.0-000.00-037.0
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Flood Insurance Required, City Limits, Street Dead-End, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 585

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See City of New Port Richey ordinances

Tax Info

  • Tax Annual Amount: 1042.99
  • Tax Block: 00000
  • Tax Book Number: 7-61
  • Tax Lot: 37

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 17, 2024
Sold by
Safranek Allan G
Bought by
Provice Llc
Seller's Agent
Allan Safranek, III
RICHEY REALTY
Buyer's Agent
Allan Safranek, III
RICHEY REALTY
List Price
$264,900
Sold Price
$195,000
Premium/Discount to List
-$69,900
-26.39%
Views
30
Current Estimated Value
$222,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,302
Avg. Annual Appreciation
9.81%
Original Mortgage
$212,100
Outstanding Balance
$85,526
Interest Rate
12%
Mortgage Type
Balloon
Estimated Equity
$136,776

Purchase Details

Listed on
Mar 9, 2024
Closed on
Feb 26, 2024
Sold by
Higgins Bonnie L
Bought by
Safranek Allan G
Seller's Agent
Allan Safranek, III
RICHEY REALTY
Buyer's Agent
Allan Safranek, III
RICHEY REALTY
List Price
$264,900
Sold Price
$195,000
Premium/Discount to List
-$69,900
-26.39%
Views
30
Source: Public Records

Range of Values:

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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
Provice Llc $195,000 None Listed On Document
Provice Llc $195,000 None Listed On Document
Safranek Allan G $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provice Llc $212,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $195,000 -22.0% $191 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $249,900 -3.5% $245 / Sq Ft
03/17/2024 03/17/24 Price Changed $259,000 -2.2% $254 / Sq Ft
03/09/2024 03/09/24 For Sale $264,900 -- $260 / 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 $1,085 $77,130 -- --
2023 $1,043 $74,890 $54,810 $20,080
2022 $980 $72,710 $0 $0
2021 $975 $70,600 $49,140 $21,460
2020 $971 $69,630 $49,140 $20,490
2019 $963 $68,070 $0 $0
2018 $957 $66,902 $0 $0
2017 $963 $66,902 $0 $0
2016 $874 $64,178 $0 $0
2015 $887 $63,732 $0 $0
2014 $885 $77,528 $36,540 $40,988
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Allan Safranek, III

    RICHEY REALTY

    (727) 992-1292

    5 in this area

    78 Total Sales

    Allan Safranek, III
    Section Image
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Map

Source: Stellar MLS

MLS Number: W7862756

Stellar MLS

APN: 09-26-16-0040-00000-0370

Florida Pasco County New Port Richey 34653 Greater New Port Richey South

5425 Waters Edge Dr, New Port Richey, FL

This home is located at 5425 Waters Edge Dr, New Port Richey, FL 34653 since 09 March 2024 and is currently estimated at $222,302, approximately $217 per square foot. This property was built in 1962. 5425 Waters Edge Dr is a home located in Pasco County with nearby schools including Cotee River 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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