$115,000
SOLD MAR 8, 2024 RENTED JAN 28, 2025

5541 Bay Blvd Unit 403 Port Richey, FL 34668

2 Beds
2 Baths
962 Sq Ft
$312/mo HOA Fee

Recently Sold

$120 Per Sq Ft

15% Below List Price

112 Days on Market

Highlights

  • Gunite Pool
  • High Ceiling
  • Walk-In Closet
  • View of Trees or Woods
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of March 2024

DONT MISS OUT!! FANTASTIC PRICE REDUCTION. WELCOME TO SUNNY FLORIDA. CALLING ALL SNOW BIRDS! INVESTORS! CASH HOMEBUYERS! THIS 2/2 AWAITS YOUR ARRIVAL TO OWN A LITTLE PIECE OF PARADISE. LOCATED NEAR TO BEACHES, FISHING, RESTAURANTS, PARKS, DOWNTOWN NEW PORT RICHEY AND SO MUCH MORE. CERAMIC TILE THROUGHOUT. LOW HOA FEES COVER EVERYTHING! SEWER, WATER AND TRASH. SWIM ALL YEAR ROUND IN THE HEATED POOL. ELEVATOR, SECURE BUILDING ENTRANCE. CONDOMINIUM HAS A GREAT LAYOUT. HIGH CEILINGS, WALK IN CLOSET, INSIDE LAUNDRY, BALCONY. EVERYTHING IS CLEAN AND FUNCTIONAL.

Last Agent to Sell the Property

Irene Jonas

RE/MAX CHAMPIONS Brokerage Phone: 727-807-7887 License #3307019 Listed on: 11/16/2023

RE/MAX CHAMPIONS

Last Buyer's Agent

Maria Rocheleau

WATERFORD REALTY, INC. License #603555

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1980

Lot Details

  • South Facing Home

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Views of Woods

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Gunite Pool
  • Balcony

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

  • Association fees include cable TV, pool, maintenance structure, ground maintenance, sewer, trash, water
  • Qualified Management Association, Phone Number (727) 869-9700
  • Visit Association Website
  • Royal Richey Village Condo 02 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 150 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,120

Year Built

Built in 1980

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 962
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 962
  • Lot Size Sq Ft: 9598
  • Directions to Property: US HWY 19 NORTH. LEFT ON BAY BLVD. RIGHT ON CALHOUN.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: BAYONET POINT
  • Escrow Postal Code: 34667
  • Escrow State: FL
  • Escrow Street Name: STATE ROAD 52 SUITE 10
  • Escrow Street Number: 7236
  • Floor Number: 4
  • List Office Head Office Key Nume: 159889799
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 119.54
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-807-7887
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 5541
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 89.37
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Association Name: QUALIFIED MANAGEMENT
  • Phone: 727-869-9700
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: CHECK WITH HOA
  • Association Fee Requirement: Required
  • Building Name Number: 5541
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: ROBERT@QUALIFIEDPROPERTY.COM
  • Association URL: WWW.QUALIFIEDPROPERTY.COM

Fee Information

  • Total Annual Fees: 3744.00
  • Total Monthly Fees: 312.00
  • Monthly HOA Amount: 312.00

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 16-25-29-078A-00C00-4030
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 892

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1120.21
  • Tax Block: 00C00
  • Tax Book Number: 18-128-133
  • Tax Lot: 4080

Multi Family

  • Approval Process: CALL HOA FOR QUESTIONS AND APPROVAL PROCESS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Mar 6, 2024
Sold by
Balser Michael K and Keough Tammy R
Bought by
Vukelaj Luigj and Vukelaj Manjola
Seller's Agent
Irene Jonas
RE/MAX CHAMPIONS
Buyer's Agent
Maria Rocheleau
WATERFORD REALTY, INC.
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%
Views
162
Current Estimated Value
$147,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,039
Avg. Annual Appreciation
17.93%
Original Mortgage
$65,000
Outstanding Balance
$64,055
Interest Rate
6.69%
Mortgage Type
Balloon
Estimated Equity
$82,984

Purchase Details

Closed on
Oct 12, 2010
Sold by
Edick Robert L
Bought by
Balser Michael K and Keough Tammy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 2010
Sold by
Edick Robert L
Bought by
Edick Robert L and Robert L Edick Sr Trust

Purchase Details

Closed on
Mar 17, 2009
Sold by
Borling Amy and Borling Amy Jo
Bought by
Edick Robert L and Edick Janis R

Purchase Details

Closed on
Nov 1, 2007
Sold by
Chamberlain James
Bought by
Borling Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2007
Sold by
Chamberlain Richard
Bought by
Borling Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
11%
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 Type Sale Price Title Company
Warranty Deed $115,000 Frontier Title Group
Warranty Deed $49,000 Dba Liberty Title Agency
Interfamily Deed Transfer -- None Available
Trustee Deed -- Attorney
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Personal Reps Deed $50,000 Sunmark Title Ins Agency Inc
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Quit Claim Deed -- Sunmark Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Balloon
Previous Owner $49,000 Seller Take Back
Previous Owner $56,500 Purchase Money Mortgage
Previous Owner $30,000 New Conventional
Previous Owner $24,573 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $1,700 -2.9% --
01/07/2025 01/07/25 For Rent $1,750 +2.9% --
12/20/2024 12/20/24 Rented $1,700 -2.9% --
08/27/2024 08/27/24 Price Changed $1,750 -10.3% $2 / Sq Ft
06/08/2024 06/08/24 Price Changed $1,950 -2.5% $2 / Sq Ft
06/08/2024 06/08/24 Price Changed $2,000 -7.0% $2 / Sq Ft
05/15/2024 05/15/24 Price Changed $2,150 -4.4% $2 / Sq Ft
05/04/2024 05/04/24 For Rent $2,250 0.0% --
03/08/2024 03/08/24 Sold $115,000 -2.5% $120 / Sq Ft
01/26/2024 01/26/24 Price Changed $118,000 -5.6% $123 / Sq Ft
12/31/2023 12/31/23 Price Changed $125,000 -7.3% $130 / Sq Ft
11/16/2023 11/16/23 For Sale $134,900 -- $140 / 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 $1,493 $91,000 $7,500 $83,500
2023 $1,427 $88,486 $7,500 $80,986
2022 $1,120 $62,630 $7,500 $55,130
2021 $978 $46,912 $7,500 $39,412
2020 $936 $47,592 $7,500 $40,092
2019 $789 $37,827 $7,500 $30,327
2018 $746 $38,336 $7,500 $30,836
2017 $660 $30,120 $7,500 $22,620
2016 $630 $30,491 $7,500 $22,991
2015 $564 $24,524 $7,500 $17,024
2014 $557 $24,798 $7,500 $17,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7859796

Stellar MLS

APN: 29-25-16-078A-00C00-4030