by RH Advisors

See Home Value
$195,000
House - Off Market

8629 Velvet DRIVE

PORT RICHEY, FL 34668
bedrooms
3 Beds
bathrooms
1 Bath
square feet
996 Sqft
$1,159
Estimated Monthly
$0
HOA / Fees
10.43%
Cap Rate

About This Property

Great opportunity! Solid block 3 bedroom 1 bath 1 car garage corner lot. If you're either looking to invest or simply looking for a place to call HOME this is it. Just in need of TLC. The kitchen features custom wood cabinets, solid granite counter tops, appliances are only 4 years old. The roof is newer and 2019 HVAC.  NO CARPET, great backyard space.  This property is NOT in a flood zone and has no HOA fees. Property is situated on a CORNER LOT with an attached 1 car GARAGE. Close proximity to restaurants, beaches, and entertainment. This one wont last long, take a look today!
Unit Size
996Ft²
Days on Market
101 days
Land Size
0.14 acres
Price per sqft
$201
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1975
Last updated: 2 months ago (Stellar MLS #U8222968)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold $195,000
Sold
Feb 27, 2024 In contract -
In contract
Feb 18, 2024 Price Decreased $199,900
↓ $20K (9.1%)
Price Decreased
Dec 3, 2023 Listed by MURCAR REALTY $220,000
Listed by MURCAR REALTY
Great opportunity! Solid block 3 bedroom 1 bath 1 car garage corner lot. If you're either looking to invest or simply looking for a place to call HOME this is it. Just in need of TLC. The kitchen features custom wood cabinets, solid granite counter tops, appliances are only 4 years old. The roof is newer and 2019 HVAC. NO CARPET, great backyard space. This property is NOT in a flood zone and has no HOA fees. Property is situated on a CORNER LOT with an attached 1 car GARAGE. Close…
Sep 3, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 2
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,200
  • Total Building Area: 1,334
  • Gross Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,334
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGE CREST GARDENS
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGE CREST GDNS PB 12 PG 4 LOT 152

Ownership

  • Current Owner : PAIS CASTILLO OSCAR
  • Current Owner 2: PAIS OSMEL BARCENAS
  • Previous Owner : CONCINI YOKASTA
  • Previous Owner 2: JIMENEZ EDWARD
  • Owner Before Previous Owner: TJD FLA PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Pasco County School District
  • Census Tract: 031006

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 20L
  • Subdivision Tract Number: 140
  • Parcel: 28-25-16-0140-00000-1520
  • Lot: 152
  • Meridian: SEC 28 TWN 25S RNG 16E
  • Municipality: COASTAL RIVERS BASIN
  • Latitude: 28.2827
  • Longitude: -82.7038

    Address

  • Full Address: 8629 Velvet Dr
  • Address - House Number: 8629
  • Address - Street Name: Velvet
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Port Richey
  • Carrier Code: C052
  • 4-Digit Zip Code: 5538
  • Zip Code: 34668

Valuation

    Tax

  • Total Area: 1,316
  • Tax Year: 2022
  • Tax Amount: $2,126
  • Tax Rate Code Area: 6200

    Appraisal Valuation

  • Standard Deviation: 0.0895
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 192,022
  • High Value: 209,212
  • Low Value: 174,831

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK, FSB
  • First Open Lien Mortgage Recording Date: Mar 21, 2024
  • First Open Lien Mortgage Loan Amount: $156,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $144,279
  • Market Land Value: $24,240
  • Market Improvement Value: $120,039

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,279
  • Assessed Land Value: $24,240
  • Assessed Improvements Value: $120,039

    Sales

  • Current Sale Contract Date: Mar 13, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Transaction ID: 11923185921
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48986
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Sep 05, 2019
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK, FSB
  • First Mortgage Transaction Date: Mar 21, 2024
  • First Mortgage Loan Amount: $156,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,302 ft²
$115/ft²
$150,000 Oct 12, 2023
$150,000 Jan 29, 2024
$156/mo
House
3 Beds
1 Bath
928 ft²
$234/ft²
$217,500 Oct 17, 2023
$217,500 Oct 31, 2023
$28/mo
House
2 Beds
2 Baths
983 ft²
$237/ft²
$233,000 Aug 24, 2023
$233,000 Sep 28, 2023
$105/mo
House
2 Beds
2 Baths
980 ft²
$143/ft²
$140,000 May 13, 2023
$140,000 Aug 28, 2023
$156/mo
House
2 Beds
2 Baths
966 ft²
$155/ft²
$150,000 Aug 31, 2023
$150,000 Oct 9, 2023
$105/mo
House
3 Beds
1 Bath
1,107 ft²
$201/ft²
$222,500 Jul 31, 2023
$222,500 Sep 5, 2023
$36/mo
House
3 Beds
2 Baths
1,104 ft²
$204/ft²
$224,900 Feb 2, 2024
-
$44/mo
House
3 Beds
2 Baths
1,346 ft²
$178/ft²
$239,700 Feb 5, 2024
-
$196/mo
House
2 Beds
2 Baths
1,165 ft²
$172/ft²
$199,900 Mar 7, 2024
-
$19/mo
House
3 Beds
2 Baths
1,622 ft²
$123/ft²
$199,900 Jan 30, 2024
-
$67/mo
House
2 Beds
2 Baths
1,039 ft²
$218/ft²
$227,000 Nov 30, 2023
-
$165/mo
In Contract
House
3 Beds
2 Baths
1,442 ft²
$159/ft²
$229,900 Jan 12, 2024
-
$105/mo

About Ridge Crest Gardens


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Frequently Asked Questions

When was property at 8629 Velvet Drive built and last sold?
The property at 8629 Velvet Drive was built in 1975 and last sold on Mar 13, 2024 for $195,000.
How much is this home worth?
The estimated value of the home located at 8629 Velvet Drive is $220,817.
What are some comparable homes to 8629 Velvet Drive?
Homes that are comparable to 8629 Velvet Drive include a house property at 6411 Kelso Drive, 7134 Mayfield Drive, 9111 Cochise Lane.

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