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$399,000

Beds
5
Baths
3.0
sq ft
2,058

7205 Mayfield Dr, Port Richey, FL 34668

7205 Mayfield Dr

PORT RICHEY, FL 34668

  • 8 days on market
DONT MISS THIS AMAZING OPPORTUNITY! CALLING INVESTORS / LARGE FAMILIES. This property is suit to fit a large family, or a family looking to have additional source of income by renting the 2 IN-LAWS Quarters. Investors don't miss this opportunity of owning a property with a potential of 3 streams of rental income. The main house offers a large living room, dining room - kitchen area, 3 bedrooms (good sized) and 1 bathroom, in addition to a screened aluminum porch. The garage has been converted to an IN-LAWS apartment featuring a kitchenette, 1 bedroom and bathroom with its own private entrance and sidewalk. The large master bedroom and office space were converted to a large IN-LAWS apartment / Studio with its own private entrance and backyard with artificial turf for easy maintenance. DID I MENTION IT IS A CORNER LOT? Come and take a look for yourself. Properties like this dont come often into the market.

Details

Property type

Single Family Residence

Est. home value

$257,091

Lot size

5,950 sq ft

Price per sq ft

$194

Year built

1974

Annual property taxes

$4,511.3

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #TB8365013

Listed
$399,000
+343.33%
08/30/2013
StellarMLS

StellarMLS #W7530584

Sold
$90,000
+85.57%
02/07/2011
StellarMLS

StellarMLS #T2450393

Sold
$48,500
-69.67%

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

$205,576
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$161,504
Cash to seller
$205,576

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

March 2023

Original loan amount

$185,000

Est. remaining balance

$161,504

Interest rate

5.14%

Loan type

New Conventional, 12 year

Seller

Luisa Villaverde

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: Active

Tomo last checked: 03/29/2025 at 10:05 AM

Listing updated: 03/22/2025 at 6:59 AM

Listed by: Luisa Villaverde, FLORIDA HOMES RLTY & MORTGAGE Phone #: (904) 996-9115

MLS: StellarMLS #TB8365013

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