NOT LISTED FOR SALE

5541 Bay Blvd Unit 550 Port Richey, FL 34668

Estimated Value: $122,000 - $178,829

3 Beds
2 Baths
1,175 Sq Ft
9,583 Sq Ft Lot

Last Sold March 30, 2021

Last sale price $74,000 $63 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $954/month

13 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • South Facing Home
  • Sliding Doors
  • Ceiling Fan

About This Home

As of March 2021

GREAT VIEW FROM 5TH FLOOR NICE CONDO! 3 Bedroom, 2 Bath. Take the Elevator to the 5th Floor Condo in Royal Richey Village 2 Condominium. This 3 Bedroom and 2 Bathroom Condo has Laminate 3 flooring through out. Living room/Dining room combo with ceiling fan, newly painted and a great area for entertaining. Master Bedroom has a walk-in closet 6X8 and Master Bathroom with shower and tub. Second and Third Bedrooms have nice size closets and share second full Bathroom in hallway. Kitchen has a lot of storage with counter tops, desk and a pantry/closet around the corner. The balcony overlook a wooded area and is quiet for relaxing. The AC compressor was replaced in 2018. Roof and Painting outside is maintained by the Association.The Laundry area is on the first floor of this building. Community Clubhouse/Pool and additional Laundry. Shopping, Restaurants and Medical facilities are close by. Area Beaches and Werner Boyce Salt Spring is within driving distance.
Land, Site, and Tax Information

Last Agent to Sell the Property

Michele Rehm

STAR ONE REALTY GROUP ELITE License #703439 Listed on: 02/12/2021

Co-Listed By

Jeffrey Meyer

STAR ONE REALTY GROUP License #3238908

Last Buyer's Agent

Samuel Wanis

COLDWELL BANKER REALTY License #3450827

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $817

Year Built

  • Built in 1980

Lot Details

  • South Facing Home

Home Design

  • Slab Foundation
  • Slate Roof
  • Block Exterior

Interior Spaces

  • 1,175 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-25-16-078A-00C00-5500

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area taxes, community pool, sewer, trash, water
  • Qualified Property Management Association, Phone Number (727) 869-9700
  • Royal Richey Village Condo 02 Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$817

Year Built

Built in 1980

Lot Details

0

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 1175.00
  • Lot Size Acres: 0.22
  • Year Built: 1980
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830768?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830768?w=Customer
  • Lot Size Sq Ft: 9598
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830768?w=PubMLS
  • Directions to Property: South on U.S. Hgwy 19 Right on Bay Blvd
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048598
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 5
  • Levels: One
  • Stories: 5
  • Living Area Meters: 109.16
  • Street Number Modifier: 5541

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Slate
  • Flood Zone Code: AE

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Building Name Number: 5541
  • Condo Fees: 379
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 379
  • Association Name: Qualified Property Management
  • Phone: 727-869-9700
  • Association: Yes

Fee Information

  • Total Annual Fees: 4548.00
  • Total Monthly Fees: 379.00

Lot Info

  • Zoning: R1
  • Parcel Number: 29-25-16-078A-00C00-5500
  • Lot Size Square Meters: 892

Rental Info

  • Minimum Lease: No Minimum
  • Years of Owner Prior to Leasing: Yes

Tax Info

  • Tax Annual Amount: 816.67
  • Tax Book Number: 18-128-133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
F & G Investment Llc
Bought by
Mpr Real Estate Ventures Llc
Current Estimated Value
$151,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,700
Outstanding Balance
$104,953
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$52,779

Purchase Details

Closed on
Apr 29, 2024
Sold by
Hanna Esmat
Bought by
F & G Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 30, 2021
Sold by
Aje Investment Llc
Bought by
Hanna Esmat
Seller's Agent
Michele Rehm
STAR ONE REALTY GROUP ELITE
Buyer's Agent
Samuel Wanis
COLDWELL BANKER REALTY
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.45%

Purchase Details

Listed on
Oct 27, 2014
Closed on
Apr 24, 2015
Sold by
Fischer Virginia M
Bought by
Aje Investment Llc
Seller's Agent
Joe Elmer
FUTURE HOME REALTY INC
Buyer's Agent
Joe Elmer
FUTURE HOME REALTY INC
List Price
$45,000
Sold Price
$36,000
Premium/Discount to List
-$9,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Fischer Virginia M
Bought by
Fischer Virginia M

Purchase Details

Closed on
Aug 12, 2011
Sold by
Brown Ian W
Bought by
Fischer Virginia M

Purchase Details

Closed on
Jan 24, 1997
Sold by
Bleau James R
Bought by
Brown Ian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Sold by
Newton Barbara E and Newton Elmer C
Bought by
Bleau James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,288
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mpr Real Estate Ventures Llc $151,000 None Listed On Document
F & G Investment Llc $125,000 Investors Title-Florida
F & G Investment Llc $125,000 Investors Title-Florida
Hanna Esmat $74,000 Care Title Inc
Aje Investment Llc $36,000 Liberty Title Agency
Fischer Virginia M -- Attorney
Fischer Virginia M $37,900 Keystone Title Agency Inc
Brown Ian W $45,000 --
Bleau James R $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mpr Real Estate Ventures Llc $105,700
Previous Owner F & G Investment Llc $112,500
Previous Owner Brown Ian W $40,500
Previous Owner Bleau James R $41,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $74,000 -1.3% $63 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $75,000 +108.3% $64 / Sq Ft
08/17/2018 08/17/18 Off Market $36,000 -- --
04/24/2015 04/24/15 Sold $36,000 -10.0% $31 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/24/2015 03/24/15 Price Changed $40,000 -5.9% $34 / Sq Ft
02/05/2015 02/05/15 Price Changed $42,500 -5.6% $36 / Sq Ft
10/27/2014 10/27/14 For Sale $45,000 -- $38 / 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 $1,754 $91,134 $7,500 $83,634
2023 $1,671 $68,980 $0 $0
2022 $1,341 $62,717 $7,500 $55,217
2021 $1,014 $46,971 $7,500 $39,471
2020 $968 $47,652 $7,500 $40,152
2019 $817 $37,858 $7,500 $30,358
2018 $825 $38,367 $7,500 $30,867
2017 $763 $34,835 $7,500 $27,335
2016 $778 $35,281 $7,500 $27,781
2015 $901 $40,501 $7,500 $33,001
2014 -- $41,021 $7,500 $33,521
Source: Public Records

Agents Affiliated with this Home

  • Michele Rehm

    Seller's Agent in 2021

    Michele Rehm

    STAR ONE REALTY GROUP ELITE

    (727) 364-2858

    2 in this area

    455 Total Sales

    Michele Rehm
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jeffrey Meyer

    STAR ONE REALTY GROUP

    (727) 457-1721

    1 in this area

    190 Total Sales

    Jeffrey Meyer
    Section Image

  • S

    Buyer's Agent in 2021

    Samuel Wanis

    COLDWELL BANKER REALTY

    (727) 781-3700

    1 in this area

    38 Total Sales

    Samuel Wanis
    Section Image

  • J

    Seller's Agent in 2015

    Joe Elmer

    FUTURE HOME REALTY INC

    (727) 741-2555

    11 Total Sales

    Joe Elmer
    Section Image
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Map

Source: Stellar MLS

MLS Number: W7830768

Stellar MLS

APN: 29-25-16-078A-00C00-5500

Florida Pasco County Port Richey 34668

5541 Bay Blvd Unit 550, Port Richey, FL

This home is located at 5541 Bay Blvd Unit 550, Port Richey, FL 34668 since 12 February 2021 and is currently estimated at $151,707, approximately $129 per square foot. This property was built in 1980. 5541 Bay Blvd Unit 550 is a home located in Pasco County with nearby schools including Richey Elementary School, Chasco 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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