1 month on rocket

Sale Pending

5553 Magnolia Way, New Port Richey, FL, 34652

$180,000

Home List Price

$2,138*

Closing Credit

2 Bedrooms
1 Full Bath
772 SqFt
$233/SqFt
House
Schools Nearby

Location

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5553 Magnolia Way, New Port Richey$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1959
HeatingCentral
CoolingCentral Air
MLS #W7863494
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 5553 Magnolia Way

Under contract-accepting backup offers. Nestled in the vibrant heart of downtown New Port Richey, this charming 2-bedroom, 1-bath home offers the perfect blend of affordability and convenience. Situated just 3 miles away from the pristine Gulf of Mexico, it presents an ideal opportunity for those seeking coastal living without compromising urban accessibility. As you approach, a welcoming carport awaits, providing convenient shelter for your vehicle and easy access to the home regardless of the weather. Step inside to discover a cozy yet functional interior, thoughtfully designed to maximize space and comfort. The open layout seamlessly integrates the living, dining, and kitchen areas, creating an inviting atmosphere for relaxation and entertainment. Natural light pours in through the windows, illuminating the space and highlighting the tasteful finishes throughout. The kitchen boasts modern appliances and ample cabinet storage, making meal preparation a breeze. Adjacent to the kitchen, a dining area offers a perfect spot for enjoying meals with family and friends. Two well-appointed bedrooms provide peaceful retreats at the end of the day, each offering generous closet space and soothing natural light. The bathroom features a tub/shower combination and updated fixtures, ensuring both convenience and style. Outside, a private backyard offers opportunities for outdoor enjoyment, whether it's hosting a barbecue or simply soaking up the Florida sunshine. With low maintenance landscaping, you can spend more time enjoying the nearby amenities and less time on yard work. Conveniently located to downtown amenities, schools, restaurants, and shopping, this home provides easy access to everything New Port Richey has to offer. Additionally, its proximity to Tampa International Airport and award-winning white sand beaches makes it an ideal choice for both work and leisure. Don't miss out on the opportunity to make this affordable downtown oasis your own and experience the best of coastal living in New Port Richey!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 772 SqFt

Listing Office:

  • Office Name: BHHS FLORIDA PROPERTIES GROUP
  • Office Phone: (352) 688-2227
  • Listing Agent: Melinda Grimes

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gulf High School, Public Magnet Grades 9-12
  • Pasco Eschool-Virtual Franchise, Public District Grades 6-12
  • Gulf Middle School, Public District Grades 6-8
  • James M. Marlowe Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From US HWY 19, turn on Gulf Drive, left on Magnolia Way, home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $233/SqFt

Tax Information:

  • Annual Amount: $1,453
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Port Richey, FL.

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New Port Richey, FL

City

Med. Sold Price

$295K

Med. Price/SqFt

$206

Avg. Days On Market

48

# of Sold Homes

200

5553 Magnolia Way vs New Port Richey

41 DAYS ON ROCKET

-7 Days

$180,000

-$115K Less

$233/SqFt

+$26 More

KEY TAKEAWAY

This property is $115K less than the Median Sold Price and $26/SqFt more than other homes in New Port Richey, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #W7863494

Listing Office:

  • Office Name: BHHS FLORIDA PROPERTIES GROUP
  • Office Phone: (352) 688-2227
  • Listing Agent: Melinda Grimes

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/12/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,453$54,548
2019$1,381$45,350
2018$1,287$41,229
2017$1,177$40,538

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10976110
5
/10

  • James M. Marlowe Elementary School

  • 5642 Cecelia Dr

  • 0.68 miles

  • Public District Grades PK-5

Middle School

school-card-donut-10976111
2
/10

  • Gulf Middle School

  • 6419 Louisiana Ave

  • 0.88 miles

  • Public District Grades 6-8

High School

school-card-donut-10976112
3
/10

  • Gulf High School

  • 5355 School Rd

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-10976113
6
/10

  • Pasco Eschool-Virtual Franchise

  • 3023 Sunlake Blvd

  • 13.27 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,250. Typical income of New Port Richey, FL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5553 Magnolia Way

What is the listing price of this property?

The listing price of 5553 Magnolia Way property is $180,000.

What type of property is this?

The property 5553 Magnolia Way is a house located in New Port Richey, Florida, 34652.

Is this property for sale now?

Sale Pending: 5553 Magnolia Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5553 Magnolia Way are:
James M. Marlowe Elementary School: GreatSchools Rating 5/10
Gulf Middle School: GreatSchools Rating 2/10
Gulf High School: GreatSchools Rating 3/10
Pasco Eschool-Virtual Franchise: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,453 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5553 Magnolia Way has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5553 Magnolia Way is 772 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5553 Magnolia Way is 1959.

Rocket Homes›Florida›Pasco County›New Port Richey›34652›5553 Magnolia Way

This home is located at 5553 Magnolia Way in New Port Richey, FL and zip code 34652 in the South River neighborhood. This 772 square foot home, which was built in 1959, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $180,000.

New Port Richey, FL housing market in April 2024 saw over 25 listings sold above listed price, more than 51 sold at listed price and over 124 sold below. The inventory of homes for sale in New Port Richey, FL between March 2024 and April 2024 increased by 2.4%. In April 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $295,097.

From Rocket Homes Real Estate and based on county public records data.

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