NOT LISTED FOR SALE

5500 Manatee Point Dr New Port Richey, FL 34652

Estimated Value: $671,000 - $874,000

3 Beds
3 Baths
2,745 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $530,000 $193 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,052/month

198 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Boat Lift
  • Deck
  • Water access To Gulf or Ocean
  • Intracoastal View
  • Wood Flooring

About This Home

As of October 2020

RARE OPPORTUNITY TO OWN A BEAUTIFUL HOME ON A SECLUDED PRIVATE STREET KNOWN AS MANATEE POINT. SITTING ON THE COTEE RIVER THE HOMES IN THE SURROUNDING AREAS HAVE BEEN KNOWN TO HAVE SOME HISTORY OF PREVIOUS HOLLYWOOD STARS. PULL YOUR BOAT IN THE PRIVATE DOCK IN YOUR BACK YARD AND ENJOY THE BREATHTAKING VIEWS ON THE WATER. THIS 3/BED, 3/BATH, 3 CAR GARAGE HOME BOAST OVER 2700 SQ. FEET OF LIVING SPACE AND 4154 SQ. FEET UNDER ROOF. MINUTES FROM THE GULF WITH DEEP WATER ACCESS. FEATURES OF THE HOME INCLUDE, CUSTOM 8" BASE BOARDS, GRANITE COUNTER TOPS IN THE KITCHEN AND MASTER BATH, EAT IN KITCHEN AREA, CENTRAL VACUUM, INCREDIBLE MASTER SUITE WITH CHERRY CABINETS, ROMAN TUB, DOUBLE SINKS, WALK IN SHOWER AND WALK IN CLOSET,BEAUTIFUL LAMINATED WOOD FLOORS AS WELL AS TILE AND CARPET, DAVITS, A 24' FIXED DOCK PLUS FLOATING JET SKI DOCK!THE LOWER LEVEL HAS AN AMAZING BONUS ROOM/REC ROOM, A DEN, A FULL BATH, 4 SETS OF FRENCH DOORS OPENING TO BRICK PATIOS LOOKING OUT AT THE WATER. MAKE YOUR WAY DOWN TO THE FIRST FLOOR USING THE CUSTOM BUILT SPIRAL STAIRCASE. ENTERTAIN IN GRAND STYLE WITH A LARGE OPEN DECK UPSTAIRS JUST OFF OF THE FAMILY ROOM THAT OVERLOOKS THE WATERFRONT BEAUTY! STAIRS WILL NOT BE A PROBLEM IN THIS HOME, THE ELEVATOR MAKES FOR EASY ACCESS TO THE SECOND FLOOR. MANY GREAT ACTIVITIES CAN BE FOUND AROUND THE AREA INCLUDING COTEE RIVER SEAFEST, MISS DAISY BOAT TOURS, SIMS PARK, AND PLENTY OF OUTDOOR WALKING AND BIKING. DON'T MISS THE OPPORTUNITY TO OWN THIS GEM AND MAKE IT YOUR LITTLE PIECE OF HEAVEN.

Last Agent to Sell the Property

Kristi Hazel

BLAKE REAL ESTATE INC License #3325659 Listed on: 02/17/2020

Co-Listed By

Jim Hazel

BLAKE REAL ESTATE INC License #3422321

Last Buyer's Agent

Kristi Hazel

BLAKE REAL ESTATE INC License #3325659 Listed on: 02/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,817

Year Built

  • Built in 2003

Lot Details

  • 4,980 Sq Ft Lot
  • 220 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • River Front
  • North Facing Home
  • Property is zoned R2

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Driveway

Property Views

  • Intracoastal
  • River

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,745 Sq Ft Home
  • Elevator
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Dock has access to water
  • Davits
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Open Dock
  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Sunset Point Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,817

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2745
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4154
  • Lot Size Sq Ft: 4980
  • Directions to Property: Headed North on US 19 in New Port Richey, turn right onto Grand Blvd/County Hwy-595. Drive approximately 1/2 mile turn right onto Manatee Point Drive. Property is on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075257?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075257?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93805
  • Price per Sq Ft: 193.08
  • Close to Original List Price Ratio: 0.89076
  • Ratio: Current Price\Building Area Total: 127.59
  • View: No
  • Co List Office Mls Id: 260031149
  • Co List Office Phone: 727-359-0388
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, Elevator, High Ceiling(s), Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Street Number Modifier: 5500
  • Room Count: 13
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, French Doors, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Cotee River
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch
  • Water View: Intracoastal Waterway, River
  • Water Access: Gulf/Ocean, Intracoastal Waterway, River
  • Water Extras: Davits, Dock - Open, Dock w/Electric, Dock w/Water Supply, Lift, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 220
  • Water Frontage Feet I C W: 110
  • Water Frontage Feet River: 110

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Oversized, Split Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R2
  • Parcel Number: 32-25-16-0400-00200-0100
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: PLEASE REFER TO COUNTY/CITY CODES AND REGULATIONS

Tax Info

  • Tax Annual Amount: 8817
  • Tax Block: 00200
  • Tax Book Number: 4-37
  • Tax Lot: 0100

Multi Family

  • Waterfront Features: Intracoastal Waterway, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Oct 12, 2020
Sold by
Passerell Marsha L
Bought by
Cellentani Eugene E
Seller's Agent
Kristi Hazel
BLAKE REAL ESTATE INC
Buyer's Agent
Kristi Hazel
BLAKE REAL ESTATE INC
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%
Total Days on Market
198
Current Estimated Value
$763,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,522
Avg. Annual Appreciation
7.15%
Original Mortgage
$424,000
Outstanding Balance
$384,123
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$345,071

Purchase Details

Closed on
Oct 22, 2018
Sold by
Passerell Joseph C
Bought by
Passerell Marsh Al

Purchase Details

Closed on
Feb 29, 2008
Sold by
Lancaster Mary Suzann and Lancaster Arthur
Bought by
Passerell Joseph C and Passerell Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Thomas Phyllis
Bought by
Lancaster Arthur and Lancaster Mary Suzann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cellentani Eugene E $530,000 First American Title Ins Co
Passerell Marsh Al -- None Available
Passerell Joseph C $465,000 Attorney
Lancaster Arthur $699,000 Executive Title Services Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cellentani Eugene E $175,000
Open Cellentani Eugene E $424,000
Previous Owner Passerell Joseph C $372,000
Previous Owner Lancaster Arthur $50,000
Previous Owner Lancaster Arthur $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $530,000 -6.2% $193 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $565,000 0.0% $206 / Sq Ft
08/21/2020 08/21/20 For Sale $565,000 -1.7% $206 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $575,000 -0.9% $209 / Sq Ft
05/26/2020 05/26/20 Price Changed $580,000 -2.5% $211 / Sq Ft
02/17/2020 02/17/20 For Sale $595,000 -- $217 / 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 $9,189 $433,870 -- --
2023 $9,059 $421,240 $0 $0
2022 $8,452 $408,980 $0 $0
2021 $8,291 $397,069 $62,250 $334,819
2020 $9,061 $383,314 $54,780 $328,534
2019 $8,816 $370,153 $44,222 $325,931
2018 $8,523 $354,500 $44,222 $310,278
2017 $8,269 $337,602 $44,222 $293,380
2016 $8,012 $325,268 $44,222 $281,046
2015 $7,581 $310,886 $44,222 $266,664
2014 $7,048 $300,358 $44,222 $256,136
Source: Public Records

Agents Affiliated with this Home

  • Kristi Hazel

    Seller's Agent in 2020

    Kristi Hazel

    BLAKE REAL ESTATE INC

    (865) 307-7640

    1 in this area

    44 Total Sales

    Kristi Hazel
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jim Hazel

    BLAKE REAL ESTATE INC

    (727) 647-4771

    1 in this area

    2 Total Sales

    Jim Hazel
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8075257

Stellar MLS

APN: 32-25-16-0400-00200-0100

Florida Pasco County New Port Richey 34652

5500 Manatee Point Dr, New Port Richey, FL

This home is located at 5500 Manatee Point Dr, New Port Richey, FL 34652 since 17 February 2020 and is currently estimated at $763,522, approximately $278 per square foot. This property was built in 2003. 5500 Manatee Point Dr 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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