NOT LISTED FOR SALE

8202 Cormel St Port Richey, FL 34668

Estimated Value: $173,000 - $199,000

1.46 Acres
$124,886 Price per Acre
63,598 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $365,000 $308 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,036/month

270 Days on Market

About This Lot

As of November 2023

1.46 ACRES NEAR THE PORT RICHEY WATERFRONT. THE HOME HAS BEEN REMOVED FROM THE PROPERTY. THE 2 ADDITIONAL LOTS ARE ATTACHED. POSSIBILITIES ARE ENDLESS FOR THIS PROPERTY IN A GREAT LOCATION. CITY HAS SAID IT WOULD BE AN EASY REZONE TO C3.

Last Agent to Sell the Property

Michael Twyman

CHARLES RUTENBERG REALTY INC Brokerage Phone: 866-580-6402 License #3264714 Listed on: 12/07/2022

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Michael Twyman

CHARLES RUTENBERG REALTY INC Brokerage Phone: 866-580-6402 License #3264714 Listed on: 12/07/2022

CHARLES RUTENBERG REALTY INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,359

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 284x106
  • West Facing Home
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned R2

Community Details

  • Bay View Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 16-25-29-012.0-003.00-001.0

Property Details

Property Type

Land

Est. Annual Taxes

$2,359

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.46
  • Lot Size Sq Ft: 30388
  • Number Of Lots: 3
  • Directions to Property: US 19 TO PASCO WAY TO CORMEL.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: NEW PORT RICHEY
  • Escrow Postal Code: 34655
  • Escrow State: FL
  • Escrow Street Name: STARKEY
  • List Office Head Office Key Nume: 1038309
  • RATIO Current Price By Calculate: 12.01
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 8202

Exterior Features

  • Direction Faces: West
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2020-06-05
  • Flood Zone Panel: 12101C0188G
  • Price Per Acre: 250000

Utilities

  • Utilities: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R2
  • Parcel Number: 16-25-29-012.0-003.00-001.0
  • Additional Parcels Description: 29-25-16-0000-01800-0020,29-25-16-0120-00300-0011
  • Additional Parcels: Yes
  • Current Use: Mixed Use
  • Lot Dimensions: 284x106
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2823

Tax Info

  • Tax Annual Amount: 2359
  • Tax Block: 3
  • Tax Book Number: 5-2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Oct 31, 2023
Sold by
Pham Investors Llc
Bought by
Y Smith Properties Llc
Seller's Agent
Michael Twyman
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Michael Twyman
CHARLES RUTENBERG REALTY INC
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Views
254
Current Estimated Value
$182,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,667
Avg. Annual Appreciation
-30.08%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Un Khampham Sri and Walker Luke
Bought by
Pham Investors Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Walker Ruth and Walker Luke Jordan
Bought by
Walker Jerry Timothy

Purchase Details

Closed on
Nov 17, 2017
Sold by
Walker Jerry Timothy
Bought by
Walker Jerry Jimothy and Un Khamphan Sri

Purchase Details

Closed on
Aug 19, 2016
Sold by
Walker Ruth
Bought by
Walker Ruth and Walker Jerry Timothy

Purchase Details

Closed on
Dec 13, 1995
Sold by
Babcock Carolyn J and Babcock Gary
Bought by
Walker Lester C and Walker Ruth
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
Y Smith Properties Llc $365,000 Frontier Title Group
Y Smith Properties Llc $365,000 Frontier Title Group
Pham Investors Llc $130,000 Master Title Service
Un Khampham Sri -- Master Title Service
Walker Jerry Timothy $6,000 None Available
Walker Jerry Jimothy -- Attorney
Walker Ruth -- None Available
Walker Lester C $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Lester C $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $365,000 -7.6% $308 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $395,000 +8.2% $333 / Sq Ft
04/03/2023 04/03/23 Off Market $365,000 -- --
12/07/2022 12/07/22 For Sale $395,000 -- $333 / 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
2025 $824 $43,746 $34,506 $9,240
2024 $824 $34,506 $34,506 --
2023 $725 $30,106 $30,106 $0
2022 $1,052 $47,416 $26,421 $20,995
2021 $2,359 $125,719 $23,681 $102,038
2020 $2,073 $95,262 $21,144 $74,118
2019 $1,842 $88,016 $18,559 $69,457
2018 $580 $53,146 $0 $0
2017 $580 $53,037 $0 $0
2016 $576 $50,982 $0 $0
2015 $583 $50,628 $0 $0
2014 $567 $50,226 $18,559 $31,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7850972

Stellar MLS

APN: 29-25-16-0120-00300-0010