tomo logo

$595,000

Beds
3
Baths
2.0
sq ft
1,474

5512 Tropic Dr, New Port Richey, FL 34653

5512 Tropic Dr

NEW PORT RICHEY, FL 34653

  • 40 days on market
    • Price drop $20,000↓
Welcome to this stunning single-family home in the heart of New Port Richey! This beautifully renovated 3-bedroom, 2-bathroom home has been completely transformed down to the studs with no expense spared. Light and bright decor will greet you as you step inside with soft wood tone lighting fixtures and elegant ceramic tile flooring throughout. The attention to detail is evident with single panel doors and chic door hardware that add a modern touch. The all-new kitchen is a chef’s dream, featuring sleek quartz countertops, a charming farm sink, and custom cabinetry. The kitchen also boasts a custom-built dry bar complete with a wine fridge, glass and wine rack, a pull-out trash receptacle, and a spacious wall pantry. Adjacent to the kitchen, the dining area offers delightful views of the pool and canal, creating a perfect setting for family meals and entertaining guests. The primary suite is a true retreat with vaulted ceilings, a planters ledge, and an oversized walk-in closet. French doors lead directly to the gorgeous pool and patio area. The primary bathroom is equally impressive with an oversized walk-in shower, split vanities, and lighted vanity mirrors for a spa-like experience. This home also features two additional bedrooms and a hall bathroom with a shower/tub combination and a lighted vanity mirror. Step outside to your personal oasis where a new saltwater pool awaits, added just one year ago. The pool area is designed for relaxation and fun, featuring a tanning ledge with two detachable loungers, a side table with a hidden ice bucket for summer drinks, an umbrella stand, a spa hot tub, and additional water features. Located in the charming City of New Port Richey, this home is just minutes from the Historic Downtown area, known for its vibrant restaurants, breweries, wine bars, tea rooms, boutiques, and more. It’s also close to parks, schools, shopping, and only 50 minutes from Tampa International Airport. Don’t miss the opportunity to own this meticulously renovated home that blends modern luxury with comfortable living. Additional features: heated pool, hurricane windows, doors and garage door, coated garage floor, new AC & duct work (2023). Motivated Seller.

Details

Property type

Single Family Residence

Est. home value

$378,310

Lot size

7,165 sq ft

Price per sq ft

$404

Year built

1966

Annual property taxes

$3,893

Price History

09/08/2024
StellarMLS

StellarMLS #W7867308

Price change
$595,000
-3.25%
08/22/2024
StellarMLS

StellarMLS #W7867308

Price change
$615,000
-1.6%
08/14/2024
StellarMLS

StellarMLS #W7867308

Price change
$625,000
-3.85%

Schools & Community

Neighborhood: 

Le Clair

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$134,832
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$412,568
Cash to seller
$134,832

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2022

Original loan amount

$424,760

Est. remaining balance

$412,568

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Christopher Lee Gaines and Beth Nyle Gaines

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: 09/16/2024 at 5:40 PM

Listing updated: 09/07/2024 at 8:38 PM

Listed by: Catherine Rubio, COLDWELL BANKER FIGREY&SONRES Phone #: (727) 495-2424

MLS: StellarMLS #W7867308

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