NOT LISTED FOR SALE

8629 Velvet Dr Port Richey, FL 34668

Estimated Value: $187,000 - $219,000

3 Beds
1 Bath
996 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $195,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,341/month

81 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Stone Countertops
  • Mature Landscaping
  • Corner Lot
  • No HOA
  • Family Room Off Kitchen

About This Home

As of March 2024

Great opportunity! Solid block 3 bedroom 1 bath 1 car garage corner lot. If you’re either looking to invest or simply looking for a place to call HOME this is it. Just in need of TLC. The kitchen features custom wood cabinets, solid granite counter tops, appliances are only 4 years old. The roof is newer and 2019 HVAC. NO CARPET, great backyard space. This property is NOT in a flood zone and has no HOA fees. Property is situated on a CORNER LOT with an attached 1 car GARAGE. Close proximity to restaurants, beaches, and entertainment. This one wont last long, take a look today!

Last Agent to Sell the Property

Sarahi Negron Ortiz

MURCAR REALTY Brokerage Phone: 813-364-0765 License #3334837 Listed on: 12/06/2023

Last Buyer's Agent

Shannon Brooks-Leahy

GREAT HOMES REALTY INC License #3487101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1975

Lot Details

  • 6,200 Sq Ft Lot
  • East Facing Home
  • Mature Landscaping
  • Corner Lot
  • Property is zoned R4

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 996 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridge Crest Gardens Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,126

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 996
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1334
  • Lot Size Sq Ft: 6200
  • Directions to Property: US 19 n to right on ridge road to left on sterling lane to left on sandalwood to left on velvet to the house on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 196389514
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 195.78
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 813-364-0765
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 8629
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 92.53
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-09-26
  • Flood Zone Panel: 12101C0187F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • 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: R4
  • Parcel Number: 28-25-16-0140-00000-1520
  • Additional Parcels: No
  • Lot Features: Corner Lot, Paved
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 576

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2126
  • Tax Block: 0
  • Tax Book Number: 12-4
  • Tax Lot: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Mar 13, 2024
Sold by
Concini Yokasta and Jimenez Edward
Bought by
Pais Castillo Oscar and Pais Osmel Barcenas
Seller's Agent
Sarahi Negron Ortiz
MURCAR REALTY
Buyer's Agent
Shannon Brooks-Leahy
GREAT HOMES REALTY INC
List Price
$220,000
Sold Price
$195,000
Premium/Discount to List
-$25,000
-11.36%
Views
55
Current Estimated Value
$205,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,218
Avg. Annual Appreciation
3.24%
Original Mortgage
$156,000
Outstanding Balance
$154,156
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$50,123

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 5, 2019
Sold by
Tjd Fla Properties Llc
Bought by
Concini Yokasta and Jimenez Edward
Seller's Agent
Terrance Doherty
STAR BAY REALTY CORP.
Buyer's Agent
Zory Rivera De Alejandro
List Price
$119,900
Sold Price
$104,000
Premium/Discount to List
-$15,900
-13.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
May 10, 2019
Sold by
Krom Adam
Bought by
Tjd Fla Properties Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
Michel Kathleen I
Bought by
Krom Adam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2006
Sold by
Kelley Michael Ferris and Mcneill Michelle Marie
Bought by
Michel Kathleen I

Purchase Details

Closed on
Oct 1, 2004
Sold by
Weimer Carol M
Bought by
Kelley Michael Ferris and Mcneill Michele Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 2004
Sold by
Koutsos Vicki M and Mitsinikos George A
Bought by
Weimer Carol M

Purchase Details

Closed on
Oct 24, 1997
Sold by
Mitsinikos George and Mitsinikos Konstantina
Bought by
Koutsos Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
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
Pais Castillo Oscar $195,000 Larkin & Larkin Title Service
Concini Yokasta $104,000 Whitworth Title Group Inc
Tjd Fla Properties Llc $57,000 United Title Affiliates Inc
Krom Adam N $85,000 None Available
Michel Kathleen I $78,000 None Available
Kelley Michael Ferris $78,000 --
Weimer Carol M $56,500 --
Koutsos Vicki M $22,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pais Castillo Oscar $156,000
Previous Owner Krom Adam N $80,000
Previous Owner Kelley Michael Ferris $78,000
Previous Owner Koutsos Vicki M $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $195,000 -2.5% $196 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/17/2024 02/17/24 Price Changed $199,900 -9.1% $201 / Sq Ft
12/06/2023 12/06/23 For Sale $220,000 0.0% $221 / Sq Ft
11/24/2021 11/24/21 Rented $1,500 0.0% --
11/22/2021 11/22/21 For Rent $1,500 0.0% --
09/25/2019 09/25/19 Sold $104,000 -7.1% $104 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/18/2019 08/18/19 Price Changed $111,900 -0.9% $112 / Sq Ft
08/17/2019 08/17/19 Price Changed $112,900 -0.9% $113 / Sq Ft
08/15/2019 08/15/19 Price Changed $113,900 -0.9% $114 / Sq Ft
08/07/2019 08/07/19 Price Changed $114,900 -4.2% $115 / Sq Ft
07/02/2019 07/02/19 For Sale $119,900 -- $120 / 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 $2,699 $168,187 $35,515 $132,672
2023 $2,510 $159,944 $29,025 $130,919
2022 $2,126 $144,279 $24,240 $120,039
2021 $1,825 $104,322 $21,730 $82,592
2020 $1,644 $89,965 $9,518 $80,447
2019 $1,319 $86,878 $9,518 $77,360
2018 $1,186 $73,816 $9,518 $64,298
2017 $1,088 $62,765 $9,518 $53,247
2016 $891 $44,015 $9,518 $34,497
2015 $879 $42,400 $9,518 $32,882
2014 $836 $41,133 $9,518 $31,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8222968

Stellar MLS

APN: 28-25-16-0140-00000-1520