Overview
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About this home
7040 Cognac Dr #3 is a 1973-built home in Magnolia Valley, New Port Richey. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,044 square feet of living space. Listed at $80,000 (about $77/sqft), 187 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $345 monthly.
PRICED TO SELL........OWNER SAYS SELL....Great investment opportunity 3 month minimum rental and 4 times per year. Beautiful Magnolia Valley second-floor condominium featuring 2 bedrooms and 2 full bathrooms. This home offers a spacious and open living, dining, and kitchen area designed for comfortable everyday living and easy entertaining. Double sliding doors off the living room lead to a sprawling porch/patio area overlooking a peaceful, park-like setting. The outdoor space also includes three convenient storage closets. Inside, you’ll find a full-size washer and dryer closet for added convenience. Recent updates include a new electrical panel, appliances, plumbing, light fixtures, AC unit, roof, and water heater—providing peace of mind for years to come. The unit includes assigned carport #73 and a low HOA fee of $345 per month. Don’t miss this opportunity to own a well-maintained condo in the desirable Magnolia Valley community—schedule your showing today!
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Sample: 27 closed condo sales in 34653 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$80,000
$77 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,044 sq ft
Time on market
187 days
Year built
1973
Monthly payment
About $839/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $439 annual tax bill, insurance, and the $345/mo HOA fee.
HOA fee
$345/mo
Managed by Rick Lawson.
Flood zone
Zone X*
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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