See Home Value
$768,949*
House - Off Market

5531 TROPIC DRIVE

NEW PORT RICHEY, FL 34653
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3258 Sqft
$473,000 - $577,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Sep 14, 2020
$481,000
$456,950 by Quicken Loans Llc
Mortgage Due Oct 01, 2049
Sold Jul 13, 1993
$89,000
$71,200 by Barnett Bk Pinellas Cty
Mortgage

About This Property

Capture the true essence of Florida in this beautifully maintained 3 BR/2.5 BA/3 Car Garage custom riverfront home.  Located on a private cul-de-sac and built in 2011, this home is nestled on 270' of the "Cottee" River. This modern three-level ADA home provides the perfect place to entertain or just relax at home. Kitchen is a culinary dream with solid wood cabinets, granite counter tops, stainless appliances, island, butler's pantry & high ceilings. Amenities include split open floor plan; volume/ tray ceilings; recessed lighting; elevator; over sized bedrooms; balconies; insulated hurricane grade windows; 60-year metal roof & over sized multi-car garage. The 3rd level is exclusive to the office/nursery & master bedroom suite which includes a private balcony with a Jacuzzi tub that overlooks the river. Master bathroom includes ADA accessible shower with garden tub, separate powder room, double vanities, granite counter tops, tile flooring & large walk in closets. Large back yard provides enough space for a pool and includes a planked walkway along the riverside, BBQ-Pit, dock, boat launch & covered boat lift/ house with outdoor shower. Enjoy a winding boat ride out to the Gulf or stop off at one of the many restaurants along the way. Located near beaches, churches, schools, restaurants, shopping, medical facilities & entertainment. You won't want to miss out on this opportunity!

The manager has listed the unit size as 3258 square feet.
Unit Size
3,258Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$161
Property Type
House
Property Taxes
$4,986
HOA Dues
-
Year Built
2011

Price History

Date / Event Date Event Price
Sep 14, 2020 Sold to Richard Daniel Costanza Ii $481,000
Sold to Richard Daniel Costanza Ii
Oct 3, 2019 No longer available -
No longer available
Mar 19, 2019 Listed $525,000
Listed
Capture the true essence of Florida in this beautifully maintained 3 BR/2.5 BA/3 Car Garage custom riverfront home. Located on a private cul-de-sac and built in 2011, this home is nestled on 270' of the "Cottee" River. This modern three-level ADA home provides the perfect place to entertain or just relax at home. Kitchen is a culinary dream with solid wood cabinets, granite countertops, stainless appliances, island, butler's pantry & high ceilings. Amenities include split open floor…
Aug 6, 2018 No longer available -
No longer available
Jun 11, 2018 Listed $537,300
Listed
Fabulous waterfront home built 2011. Enjoy 270' of riverfront property along the Cottee river. Home provides most recent wind/flood codes providing low cost insurance! Built on a cul de sac, offering privacy and a great view from all rooms and balconies of the home! Modern three story home has open floor plan and tall ceilings. First floor's beautiful entryway and multi car garage has plenty of room for workshop and loads of storage! Take the elevator to the second floor main living area…

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 2,312
  • Parking Space Count: 8
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,732
  • Total Building Area: 5,570
  • Gross Building Area: 5,570
  • Building Area: 3,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,258
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPIC SHORES
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPIC SHORES UNIT 2 PB 7 PG 70 LOT 8

Ownership

  • Current Owner : COSTANZA RICHARD DANIEL
  • Previous Owner : DUNN DON
  • Previous Owner 2: DUNN SHERRI C
  • Owner Before Previous Owner: GOLUB BURTON M
  • Owner Before Previous Owner 2: GOLUB MARJORIE M
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Pasco County School District
  • Census Tract: 031412

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 34G
  • Subdivision Tract Number: 50
  • Parcel: 09-26-16-0050-00000-0080
  • Lot: 8
  • Meridian: SEC 09 TWN 26S RNG 16E
  • Municipality: CITY OF NEW PORT RICHEY
  • Latitude: 28.2397
  • Longitude: -82.712

    Address

  • Full Address: 5531 Tropic Dr
  • Legal Unit: 2
  • Address - House Number: 5531
  • Address - Street Name: Tropic
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: New Port Richey
  • Carrier Code: C079
  • 4-Digit Zip Code: 4655
  • Zip Code: 34653

Valuation

    Tax

  • Total Area: 4,216
  • Tax Year: 2022
  • Tax Amount: $12,396
  • Tax Rate Code Area: 60NP

    Appraisal Valuation

  • Standard Deviation: 0.2477
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 686,421
  • High Value: 856,494
  • Low Value: 516,349

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $621,950
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $456,950
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Aug 18, 2022
  • Second Open Lien Mortgage Loan Amount: $165,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 09, 2062

    Market Valuation

  • Market Total Value: $751,572
  • Market Land Value: $65,265
  • Market Improvement Value: $686,307

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $585,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11787887098
  • Current Sale Price: $481,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020151716
  • Previous Sale Recording Date: Jul 13, 1993
  • Previous Sale Contract Date: Jul 12, 1993
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $456,950
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BARNETT BK PINELLAS CTY
  • Previous Mortgage Transaction Date: Jul 13, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $71,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,724 ft²
$262/ft²
$452,000 Jun 19, 2023
$452,000 Aug 18, 2023
$305/mo
House
3 Beds
2 Baths
1,616 ft²
$274/ft²
$442,000 Apr 27, 2023
$442,000 Aug 18, 2023
$781/mo
Townhouse
3 Beds
3 Baths
1,991 ft²
$237/ft²
$472,000 May 13, 2023
$472,000 Aug 23, 2023
$687/mo
House
4 Beds
2 Baths
1,942 ft²
$304/ft²
$590,000 Apr 21, 2023
$590,000 Aug 25, 2023
$150/mo
House
3 Beds
2 Baths
2,139 ft²
$280/ft²
$599,000 Aug 7, 2023
-
$126/mo
House
3 Beds
2 Baths
1,522 ft²
$345/ft²
$524,900 Aug 22, 2023
-
$479/mo
House
3 Beds
2 Baths
1,851 ft²
$321/ft²
$595,000 Jun 13, 2023
-
$199/mo
House
3 Beds
2 Baths
1,692 ft²
$263/ft²
$445,000 Jul 26, 2023
-
$66/mo
House
4 Beds
3 Baths
2,064 ft²
$230/ft²
$475,000 Jul 28, 2023
-
$411/mo
House
2 Beds
2 Baths
1,566 ft²
$338/ft²
$529,900 Jul 28, 2023
-
$404/mo
House
4 Beds
2 Baths
1,998 ft²
$268/ft²
$535,000 Aug 18, 2023
-
$135/mo
Multifamily
Stu
-
2,028 ft²
$221/ft²
$449,000 Aug 18, 2023
-
$349/mo

About Tropic Shores


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Frequently Asked Questions

When was property at 5531 Tropic Drive built and last sold?
The property at 5531 Tropic Drive was built in 2011 and last sold on Sep 4, 2020 for $481,000.
How much is this home worth?
The estimated value of the home located at 5531 Tropic Drive is $559,879.
What are some comparable homes to 5531 Tropic Drive?
There are currently no comparable homes to 5531 Tropic Drive.

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