tomo logo

$398,000

Beds
3
Baths
2.5
sq ft
1,544

5742 Meadowlane St, New Port Richey, FL 34652

5742 Meadowlane St

NEW PORT RICHEY, FL 34652

  • 585 days on market
    • Price drop $7,000↓
One or more photo(s) has been virtually staged. NO storm damage OR flooding! Number of current days on market also include the construction time from start to finish. Home was recently appraised at $420k!! Recent price reduction with a motivated seller who is also offering incentives to first responders, school teachers, school employees and active duty or retired Military in a prime Location only a mile and a short golf cart ride from downtown New Port Richey. Incredible Value! Rental potential. Located just 4 miles from Robert K. Rees Memorial Park Beach and only a mile from the beautiful historic downtown New Port Richey. Ready for move-in this August, this 3-bedroom, 2.5-bath two-story home is in its final punch out phase. With an open-concept floor plan, this all-block home including the second floor features luxury finishes throughout. (some photos are virtually staged) Days on the market also include days from start of construction to build finish. Highlights include: Granite countertops Luxury vinyl flooring Ceramic tile floors in bathrooms Insulated windows Soft-close kitchen drawers and doors Stainless steel appliances This home combines modern comfort with a sought-after location. Conveniently located near schools and downtown New Port Richey, this home is just blocks from SR 54 and US 19. Don’t miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$555,431

Property condition

New Construction

Lot size

5,625 sq ft

Price per sq ft

$258

Year built

2024

Annual property taxes

$1,293.31

HOA

No

Price History

09/22/2024
StellarMLS

StellarMLS #T3440590

Price change
$398,000
-1.73%
07/15/2024
StellarMLS

StellarMLS #T3440590

Price change
$405,000
+1.5%
04/30/2024
StellarMLS

StellarMLS #T3440590

Price change
$399,000
-3.86%

Schools & Community

Neighborhood: 

Schwettman Oaks

Elementary school: 

Richey Elementary School

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

-$166,606
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$532,766
Cash to seller
-$166,606

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

September 2023

Original loan amount

$539,320

Est. remaining balance

$532,766

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Austin Jay Evans

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: 11/23/2024 at 5:55 AM

Listing updated: 11/04/2024 at 6:03 PM

Listed by: Mark Davis, ALIGN RIGHT REALTY GULF COAST Phone #: (813) 994-3793

MLS: StellarMLS #T3440590

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