tomo logo

$199,000

Beds
2
Baths
1.5
sq ft
1,061

7140 Riverrun Rd, New Port Richey, FL 34655

7140 Riverrun Rd

NEW PORT RICHEY, FL 34655

  • 130 days on market
    • Price drop $40,000↓
MAJOR PRICE ADJUSTMENT to reflect storm damage/water intrusion. INVESTOR SPECIAL perfect for an investor or anyone looking to build sweat equity through a REHAB LOAN! Charming riverfront bungalow on the Anclote River! Discover your dream home with this delightful two-bedroom bungalow, featuring an enclosed den that can serve as a media room, home office, or formal dining area. With tile and laminate flooring throughout, the home boasts an updated kitchen with granite countertops and stainless steel appliances, modern recessed lighting, a new AC installed in 2022 and per the seller, a roof from 2016, to ensure peace-of-mind. The spacious lot offers plenty of privacy and room for all your outdoor toys, with currently no HOA nor deed restrictions.. Embrace a riverfront lifestyle right in your backyard, perfect for kayaking, canoeing, fishing, or simply unwinding with a serene water view. Per seller, TRANSFERRABLE FLOOD INSURANCE along with a clean 4pt/wind mitigation report! Conveniently located just outside Trinity, you'll have easy access to local stores and highways, making daily commutes a breeze. This is more than just a home—it's a lifestyle! Call today to schedule your appointment and make this riverfront bungalow yours!

Details

Property type

Single Family Residence

Est. home value

$201,303

Lot size

9,300 sq ft

Price per sq ft

$188

Year built

1960

Annual property taxes

$737.8

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #U8248474

Price change
$199,000
-13.48%
10/14/2024
StellarMLS

StellarMLS #U8248474

Removed
$230,000
08/31/2024
StellarMLS

StellarMLS #U8248474

Price change
$230,000
-3.77%

Schools & Community

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

$77,412
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$105,668
Cash to seller
$77,412

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

October 2019

Original loan amount

$117,826

Est. remaining balance

$105,668

Interest rate

3.49%

Loan type

FHA, 30 year

Seller

Robert Wayne Hicks Iii

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: 11/05/2024 at 11:30 AM

Listing updated: 10/30/2024 at 2:06 PM

Listed by: Gary Ubaldini, KELLER WILLIAMS REALTY- PALM H Phone #: (727) 772-0772

MLS: StellarMLS #U8248474

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Recently listed in NEW PORT RICHEY