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$100,000

Beds
3
Baths
1.0
sq ft
720

7243 Royal Palm Dr, New Port Richey, FL 34652

7243 Royal Palm Dr

NEW PORT RICHEY, FL 34652

  • 86 days on market
    • Price drop $15,000↓
Investor Special in New Port Richey! This 3-bedroom, 1-bath home offers 720 sqft of potential, making it a great opportunity for those looking to add value. The third bedroom is a versatile flex space, perfect as a bedroom, office, or hobby room. Located in a convenient area close to local amenities, this property is a blank canvas ready for your creative touch. Whether you're looking for a rental property or a fix-and-flip, this home has plenty of potential. Don’t miss out on this investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$193,877

Property condition

Fixer

Lot size

5,400 sq ft

Price per sq ft

$139

Year built

1957

Annual property taxes

$2,138

HOA

No

Price History

02/25/2025
StellarMLS

StellarMLS #TB8332378

Price change
$100,000
-13.04%
02/25/2025
StellarMLS

StellarMLS #TB8332378

Listed
$115,000
02/19/2025
StellarMLS

StellarMLS #TB8332378

Pending
$115,000

Schools & Community

Neighborhood: 

Northwest

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

$60,932
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$31,068
Cash to seller
$60,932

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

Seller’s Loan History

Lender

Franklin American Mortgage Co

Loan start date

June 2003

Original loan amount

$67,900

Est. remaining balance

$31,068

Interest rate

5.7%

Loan type

Not Provided, 30 year

Seller

Michael Szczesniak

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: 03/29/2025 at 9:45 AM

Listing updated: 02/25/2025 at 9:09 AM

Listed by: Leeroy Thompson, DENNIS REALTY & INV. CORP. Phone #: (813) 949-7444

MLS: StellarMLS #TB8332378

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Recently listed in NEW PORT RICHEY