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$265,000

Beds
3
Baths
2.0
sq ft
1,298

5150 Madison St, New Port Richey, FL 34652

5150 Madison St

NEW PORT RICHEY, FL 34652

  • 32 days on market
    • Price drop $5,000↓
***MOTIVATED SELLER*** Charming 3-Bedroom, 2-Bathroom Home with Pool & Upgrades - Move-In Ready! High and dry, no flood damage. Welcome to this beautiful, updated home offering 3 spacious bedrooms, 2 bathrooms, and a 1-car garage, perfectly situated in a high and dry area — no flood coverage needed! Located close to top-rated schools and shopping centers, this home combines convenience with peace of mind. Enjoy the luxury of your own private pool, ideal for relaxing and entertaining. The brand-new fence offers added privacy and security, while the 9K watt generator with a transfer switch ensures you're prepared for any power outage. The garage has been reinforced to withstand up to 130 mph winds, providing an extra layer of protection during storm season. The home's interior features built-in shelving in the bedrooms, maximizing storage space and adding a touch of organization to your living area. With a roof from 2012 and a brand-new AC unit installed in 2024, you'll enjoy year-round comfort. Rest easy knowing that this home has experienced no flood or water damage during recent storms. The home also comes equipped with storm windows, making it a truly safe haven. Ready for immediate move-in, this property is the perfect place to start your next chapter! Don’t miss out—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$262,594

Lot size

6,175 sq ft

Price per sq ft

$205

Year built

1973

Annual property taxes

$815.18

HOA

No

Price History

11/21/2024
StellarMLS

StellarMLS #TB8323611

Listed
$265,000
+65.63%
08/24/2006
StellarMLS

StellarMLS #W7213699

Sold
$160,000

Schools & Community

Neighborhood: 

Southeast

Elementary school: 

Cotee River Elementary-PO

Middle school: 

Gulf Middle-PO

High school: 

Gulf High-PO

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$209,059
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$34,741
Cash to seller
$209,059

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

February 2012

Original loan amount

$77,150

Est. remaining balance

$34,741

Interest rate

3.91%

Loan type

New Conventional, 20 year

Seller

Howard L Colby and Mary E Colby

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 10:20 AM

Listing updated: 12/15/2024 at 2:09 PM

Listed by: Viera Vorasarn, PINEYWOODS REALTY LLC Phone #: (813) 225-1890

MLS: StellarMLS #TB8323611

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