NOT LISTED FOR SALE

5542 Magnolia Way New Port Richey, FL 34652

Downtown New Port Richey Neighborhood

Estimated Value: $165,000 - $193,000

2 Beds
1 Bath
864 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $195,000 $226 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,183/month

3 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • West Facing Home
  • Laundry Room
  • Central Heating and Cooling System
  • 4-minute walk to Grand Boulevard Park

About This Home

As of June 2024

2 bedroom 1 bath 1 car carport. Beautiful luxury vinyl plank in most of the house. Laundry room in carport area. Large private back yard.

Last Agent to Sell the Property

Joe Ionata

RENTICR REALTY License #3100692 Listed on: 05/20/2024

Last Buyer's Agent

William Labbancz

SAILWINDS REALTY License #3228425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1959

Lot Details

  • 8,125 Sq Ft Lot
  • West Facing Home
  • Property is zoned MF2

Home Design

  • 864 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Additional Features

  • Range
  • Laundry Room
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • River View Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 864
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 1256
  • Lot Size Sq Ft: 8125
  • Directions to Property: US 19 East On Gulf Dr, North on Magnolia to house
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: St Petersburg
  • Escrow Postal Code: 33701
  • Escrow State: FL
  • Escrow Street Name: Central Ave, Ste 105
  • Escrow Street Number: 700
  • List Office Head Office Key Nume: 687470281
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 225.69
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5542
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 80.27
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2020-06-05
  • Flood Zone Panel: 12101C0351G

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • 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

Fee Information

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

Lot Info

  • Zoning: MF2
  • Parcel Number: 08-26-16-0150-00B00-0090
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 755

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: buyer and buyer agent to verify local and state leasing regulation

Tax Info

  • Tax Annual Amount: 2117
  • Tax Block: B
  • Tax Book Number: 5-61
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 21, 2024
Sold by
Magnify R/E Borrower Spv I Llc
Bought by
Nunn Anthony and Nunn Linda
Seller's Agent
Joe Ionata
RENTICR REALTY
Buyer's Agent
William Labbancz
SAILWINDS REALTY
List Price
$208,900
Sold Price
$195,000
Premium/Discount to List
-$13,900
-6.65%
Views
7
Current Estimated Value
$180,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,606
Avg. Annual Appreciation
-6.72%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Magnify Capital Real Estate Fund Lp
Bought by
Magnify Real Estate Borrower Spv I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2018
Sold by
Send Holdings Llc
Bought by
Magnify Capital Real Estate Fund L P

Purchase Details

Closed on
Jan 25, 2018
Sold by
Moonstone Services Llc
Bought by
Send Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2016
Sold by
Jpmorgan Chase Bank N A
Bought by
Moonstone Services Llc

Purchase Details

Closed on
Mar 31, 2016
Sold by
Pellegrini Berry and Matthews Alexandria F
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 29, 2012
Sold by
Matthews Alexandria F
Bought by
Pellegrini Barry

Purchase Details

Closed on
May 30, 1996
Sold by
Cooley Steven S and Cooley Linda
Bought by
Pellegrini Barry J and Matthews Alexandra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
7.93%
Mortgage Type
New Conventional
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
Nunn Anthony $195,000 Central Title Services
Magnify Real Estate Borrower Spv I Llc -- Os National Llc
Magnify Capital Real Estate Fund L P $101,500 Wollika Wikle Title Ins Agen
Send Holdings Llc $91,000 Wollinka Wikle Title Ins Age
Moonstone Services Llc $341,000 Attorney
Jpmorgan Chase Bank National Association $30,200 Attorney
Pellegrini Barry $14,000 None Available
Pellegrini Barry J $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnify Real Estate Borrower Spv I Llc $50,000,000
Previous Owner Send Holdings Llc $1,620
Previous Owner Moonstone Services Llc $45,648
Previous Owner Pellegrini Barry J $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $195,000 -6.7% $226 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $208,900 -- $242 / 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 $2,248 $108,021 $30,924 $77,097
2023 $2,117 $69,580 $0 $0
2022 $1,771 $74,345 $11,844 $62,501
2021 $1,613 $61,164 $11,844 $49,320
2020 $1,480 $52,289 $11,844 $40,445
2019 $1,500 $53,055 $11,844 $41,211
2018 $1,334 $50,196 $11,844 $38,352
2017 $1,219 $40,119 $10,764 $29,355
2016 $288 $29,672 $0 $0
2015 $285 $29,466 $0 $0
2014 $280 $32,776 $10,764 $22,012
Source: Public Records

Agents Affiliated with this Home

  • Joe Ionata

    Seller's Agent in 2024

    Joe Ionata

    RENTICR REALTY

    (727) 251-9013

    2 in this area

    52 Total Sales

    Section Image
  • William Labbancz

    Buyer's Agent in 2024

    William Labbancz

    SAILWINDS REALTY

    (727) 888-4458

    7 in this area

    72 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: T3527473

Stellar MLS

APN: 08-26-16-0150-00B00-0090

Florida Pasco County New Port Richey 34652 Downtown New Port Richey

5542 Magnolia Way, New Port Richey, FL

This home is located at 5542 Magnolia Way, New Port Richey, FL 34652 since 20 May 2024 and is currently estimated at $178,062, approximately $206 per square foot. This property was built in 1959. 5542 Magnolia Way 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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