NOT LISTED FOR SALE

Estimated Value: $89,000 - $193,000

1 Bed
1 Bath
936 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $63,000 $67 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $986/month

20 Days on Market

Highlights

  • No HOA
  • South Facing Home
  • 1-Story Property
  • Tile Flooring
  • Heating Available

About This Home

As of December 2023

Situated on a spacious corner lot in Port Richey, this 1-bedroom, 1-bathroom property brims with untapped potential, making it an ideal investment opportunity for those with a discerning eye. However, it's important to note that substantial renovations are in order. The roof has suffered from leaks and requires replacement, while the water heater is showing its age. Additionally, there is no central air conditioning system in place. The interior of the property beckons for a comprehensive overhaul, encompassing the kitchen, bathroom, and flooring. This property offers a peaceful escape from the hustle and bustle of city life. While the home demands extensive renovations, the quiet surroundings provide the perfect canvas for a fix-and-flip project, long-term rental investment, or even a fresh start with a new build. With its serene location and versatile potential, this property is poised for a quick sale. Don't miss out, as opportunities like this tend to vanish swiftly in this market. For investors seeking a project with the promise of a rewarding transformation, this property holds the key to realizing its true worth.

Last Agent to Sell the Property

Richard Miller

GOLD REAL ESTATE SOLUTIONS Brokerage Phone: 813-420-3394 License #3568544 Listed on: 10/10/2023

Last Buyer's Agent

Danielle Harlib

SIRROM REALTY LLC License #3461736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $296

Year Built

  • Built in 1941

Lot Details

  • 7,896 Sq Ft Lot
  • South Facing Home
  • Property is zoned R1MH

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Private Mailbox

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Orange Grove Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$296

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Siding, Wood Frame
  • Fireplace: No
  • Living Area: 936
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1941
  • Building Area Total: 1472
  • Lot Size Sq Ft: 7896
  • Directions to Property: From US-19 N, East on River Gulf Rd. Then South on Washington St. Then East on Orange Grove Ave. Then North on Walnut to property on your left
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33614
  • Escrow State: FL
  • Escrow Street Name: N Dale Mabry Hwy, Suite 103
  • Escrow Street Number: 7825
  • List Office Head Office Key Nume: 167511958
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 67.31
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-420-3394
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5833
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 86.96
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Other
  • Sewer: Septic Tank
  • Water Source: Well

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: R1MH
  • Parcel Number: 16-25-32-0350-01000-0050
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 734

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 295.54
  • Tax Block: 10
  • Tax Book Number: 2-50
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 4, 2023
Sold by
Thompson Gary M and Raub Debra V
Bought by
Lucas Marianne
Seller's Agent
Richard Miller
GOLD REAL ESTATE SOLUTIONS
Buyer's Agent
Danielle Harlib
SIRROM REALTY LLC
List Price
$99,000
Sold Price
$63,000
Premium/Discount to List
-$36,000
-36.36%
Current Estimated Value
$154,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,646
Avg. Annual Appreciation
70.89%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Labombard Clifton E and Labombard Caroline
Bought by
Thompson Gary and Raub Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,190
Interest Rate
7.94%
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
Lucas Marianne $63,000 Tier 1 Title
Thompson Gary $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Gary $25,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $63,000 -36.4% $67 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $99,000 -- $106 / 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 $1,729 $90,114 $38,779 $51,335
2023 $292 $25,160 $0 $0
2022 $296 $24,430 $0 $0
2021 $286 $23,720 $0 $0
2020 $261 $23,400 $15,135 $8,265
2019 $275 $22,880 $0 $0
2018 $281 $22,454 $0 $0
2017 $251 $22,454 $0 $0
2016 $119 $21,540 $0 $0
2015 $119 $21,390 $0 $0
2014 $109 $21,220 $8,910 $12,310
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: T3477283

Stellar MLS

APN: 32-25-16-0350-01000-0050