by RH Advisors

Check Availability
$299,900
House - For Sale

5737 Michigan AVENUE

NEW PORT RICHEY, FL 34652
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1270 Sqft
$1,633
Estimated Monthly
$0
HOA / Fees
6.56%
Cap Rate

About This Property

Investor special. This home has so much potential. This one of a kind, pool home,  2 lot property this close to downtown is a rare find. So many options! Rehab has been started. Brand new roof 2023. Both ac units run ice cold. Walls are textured. In-ground pool is situated on the attached lot. This Historic 1926 New Port Richey home is located just off, Grand Blvd along the river and a short distance from downtown. This 2 story home has the potential of 4 bedrooms and 2.5 baths. Perfect for short term rental investment. Price is firm!
Unit Size
1,270Ft²
Days on Market
151 days
Land Size
0.26 acres
Price per sqft
$236
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1926
Listed By
Last updated: 3 months ago (Stellar MLS #W7860036)

Price History

Date / Event Date Event Price
Nov 28, 2023 Listed by SIRROM REALTY LLC $299,900
Listed by SIRROM REALTY LLC
Apr 6, 2023 Sold to Ignacio L Formoso, Keith J ... $2,050
Sold to Ignacio L Formoso, Keith J ...

Property Highlights

Air Conditioning
Parking Details
Has Garage
Garage Spaces: 1
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 2

Interior Information

Interior Features: Ninguno
Appliances: None
Flooring Type: Other

Room Information

Rooms: 8

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Detached
  • Garage Square Area: 1
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,398
  • Gross Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,398
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORANGE GROVE PARK
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORANGE GROVE PARK SOUTH PB 2 PG 47 LOTS 3 & 4 BLOCK 2 OR 8357 PG 1814

Ownership

  • Current Owner : FORMOSO IGNACIO L
  • Current Owner 2: MORRIS KEITH J
  • Previous Owner : THOMAS SHARON K
  • Owner Before Previous Owner: JEH INC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Pasco County School District
  • Census Tract: 030901

Zoning

  • Zoning: R1MH

Geography

  • Assessors Map Reference: 19E
  • Subdivision Tract Number: 360
  • Parcel: 32-25-16-0360-00200-0030
  • Block: 2
  • Lot: 3
  • Meridian: SEC 32 TWN 25S RNG 16E
  • Municipality: COASTAL RIVERS BASIN
  • Latitude: 28.261
  • Longitude: -82.7193

    Address

  • Full Address: 5737 Michigan Ave
  • Address - House Number: 5737
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: New Port Richey
  • Carrier Code: C062
  • 4-Digit Zip Code: 1818
  • Zip Code: 34652

Valuation

    Tax

  • Total Area: 1,327
  • Tax Year: 2022
  • Tax Amount: $1,925
  • Tax Rate Code Area: 6200

    Appraisal Valuation

  • Standard Deviation: 0.0893
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 291,167
  • High Value: 317,178
  • Low Value: 265,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: WARAYGA DORISANN
  • First Open Lien Mortgage Recording Date: Apr 06, 2023
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Feb 28, 2026
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $127,624
  • Market Land Value: $44,850
  • Market Improvement Value: $82,774

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,624
  • Assessed Land Value: $44,850
  • Assessed Improvements Value: $82,774

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11905177234
  • Current Sale Price: $2,050
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 59436
  • Previous Sale Recording Date: Jun 21, 2010
  • Previous Sale Contract Date: Jun 17, 2010
  • Previous Sale Amount: $44,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WARAYGA DORISANN
  • First Mortgage Transaction Date: Apr 06, 2023
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Feb 28, 2026

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,140 ft²
$263/ft²
$300,000 Aug 25, 2023
$300,000 Oct 13, 2023
$67/mo
House
3 Beds
2 Baths
1,128 ft²
$266/ft²
$300,000 Sep 19, 2023
$300,000 Oct 17, 2023
$133/mo
House
3 Beds
1 Bath
1,112 ft²
$294/ft²
$327,000 Oct 12, 2023
$327,000 Nov 20, 2023
$386/mo
House
3 Beds
2 Baths
1,370 ft²
$252/ft²
$345,000 Sep 20, 2023
$345,000 Nov 27, 2023
$188/mo
House
3 Beds
1 Bath
1,456 ft²
$223/ft²
$325,000 Sep 1, 2023
$325,000 Nov 2, 2023
$118/mo
House
3 Beds
1 Bath
1,032 ft²
$262/ft²
$269,900 Jul 11, 2023
$269,900 Sep 27, 2023
$75/mo
House
3 Beds
2 Baths
1,264 ft²
$236/ft²
$298,500 Oct 20, 2023
-
$46/mo
House
3 Beds
2 Baths
1,305 ft²
$239/ft²
$312,500 Jul 21, 2023
-
$237/mo
House
3 Beds
2 Baths
1,258 ft²
$250/ft²
$315,000 Nov 27, 2023
-
$204/mo
House
3 Beds
1 Bath
1,235 ft²
$226/ft²
$279,000 Nov 5, 2023
-
$173/mo
House
3 Beds
2 Baths
1,100 ft²
$270/ft²
$296,990 Nov 3, 2023
-
$175/mo
House
3 Beds
2 Baths
1,259 ft²
$199/ft²
$250,000 Nov 16, 2023
-
$214/mo

About Orange Grove Park


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Frequently Asked Questions

When was property at 5737 Michigan Avenue built and last sold?
The property at 5737 Michigan Avenue was built in 1926 and last sold on Mar 30, 2023 for $2,050.
How much is this home worth?
The estimated value of the home located at 5737 Michigan Avenue is $303,870.
What are some comparable homes to 5737 Michigan Avenue?
Homes that are comparable to 5737 Michigan Avenue include a house property at 6339 Tralee Avenue, 5334 Dartmouth Road, 6453 Langston Avenue.

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