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$250,000

Beds
2
Baths
2.0
sq ft
1,244

8531 Woodcrest Dr, Port Richey, FL 34668

8531 Woodcrest Dr

PORT RICHEY, FL 34668

  • 55 days on market
    • Price drop $10,550↓
PRICE REDUCED BY OVER 10K! Sellers OFFERING $5,000 to assist with Buyer's closing costs with a full-priced offer!! Welcome to your spacious 2-bedroom, 2-bathroom retreat in Timber Oak's Driftwood Village! This lovely home offers two generous living areas, perfect for entertaining or relaxing with family. Enjoy the convenience of a large, fenced backyard—ideal for outdoor gatherings, pets, or gardening. Situated in a non-flood zone, this property offers peace of mind along with extremely low HOA fees. While not a 55+ community, residents over 55 can opt to access the Senior Center at Timber Oaks for a modest annual fee, featuring a large pristine pool, tennis and bocce ball courts, an auditorium, and a clubhouse. Location is key, and this home is close to everything the Florida Gulf Coast has to offer, just a 40-minute drive to the beach or Tampa International Airport. Don’t miss out on this fantastic opportunity to enjoy comfortable living in a vibrant community! Schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$244,963

Lot size

7,000 sq ft

Price per sq ft

$201

Year built

1977

Annual property taxes

$2,754.51

Monthly HOA fee

$16.08

Price History

11/18/2024
StellarMLS

StellarMLS #TB8315942

Price change
$250,000
-4.05%
10/30/2024
StellarMLS

StellarMLS #TB8315942

Listed
$260,550
+34.3%
09/07/2021
StellarMLS

StellarMLS #T3313562

Sold
$194,000
+42.83%

Schools & Community

Elementary school: 

Schrader Elementary-PO

Middle school: 

Bayonet Point Middle-PO

High school: 

Fivay 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

$53,138
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$176,862
Cash to seller
$53,138

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

September 2021

Original loan amount

$190,486

Est. remaining balance

$176,862

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Jamik Clyde Dorsey and Adelaide Elana Dorsey

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: 12/23/2024 at 8:20 PM

Listing updated: 12/08/2024 at 3:10 PM

Listed by: Anne Januario, BHHS FLORIDA PROPERTIES GROUP Phone #: (813) 908-8788

MLS: StellarMLS #TB8315942

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Recently listed in PORT RICHEY