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$467,904Estimated home value

Beds
3
Baths
3.0
sq ft
1,943

7025 Morningstar Ln, New Port Richey, FL 34652

7025 Morningstar Ln

NEW PORT RICHEY, FL 34652

  • Off market
    • Price drop $5,100↓
Experience serene living in this uniquely-built home nestled on a full 1/3 acre lot. This stunning 3-bedroom, 3-full-bath, 1,943 sq ft waterfront gem is just minutes from the Gulf of Mexico with direct access. As you arrive, the extended driveway leads you to a welcoming classic art deco-styled home, exuding rich colors perfect for an ultimate waterfront lifestyle. Step inside to an open-concept floor plan and be captivated by spectacular water views, an original floating staircase, and beautiful Pergo floors throughout. The entire back wall boasts picturesque windows and access to a large enclosed screened patio, featuring a fiberglass pool and raised hot tub. Enjoy breathtaking water views, host events, or relax during a colorful sunset. The open kitchen offers like-new stainless steel appliances, floor-to-ceiling tile backsplash, and ample cabinet space. The pantry is conveniently located in the oversized laundry room, perfect for extra storage. The main floor features a large formal living room, a spacious family room, and a Florida room with double sliding doors leading to an additional fenced patio. This patio also provides access to a shared boat ramp, ideal for kayaking to the Gulf of Mexico. The oversized owner's suite includes its own sitting room, ensuite bathroom, and detailed tile work from ceiling to floor. The second floor offers a large bedroom with a full ensuite bath, walk-in closet, additional sitting space, and a balcony with spectacular waterfront views. This home isn't just a paradise for personal living—it's also a fantastic short-term rental option. Its prime location and luxurious amenities make it a highly attractive choice for vacationers looking for a waterfront retreat. This dream home in paradise offers everything you've been looking for and more! Must see—don't hesitate. Call to schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$467,904

Lot size

0.31 acres

Price per sq ft

$258

Year built

1960

Annual property taxes

$3,924

HOA

No

Price History

09/30/2024
StellarMLS

StellarMLS #T3539109

Removed
$499,900
08/15/2024
StellarMLS

StellarMLS #T3539109

Price change
$499,900
-1.01%
07/05/2024
StellarMLS

StellarMLS #T3539109

Listed
$505,000
+8.6%

Schools & Community

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

$4,414
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$455,494
Cash to seller
$4,414

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

November 2022

Original loan amount

$465,000

Est. remaining balance

$455,494

Interest rate

6.66%

Loan type

VA, 30 year

Seller

Christopher Paul Reed and Trisha Ann Reed

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 10:40 PM

Listing updated: 09/23/2024 at 1:41 PM

Listed by: Michelle Sands, REAL BROKER, LLC Phone #: (407) 279-0038

MLS: StellarMLS #T3539109

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