4 months on rocket

5001 Richmond Ter, North Port, FL, 34287

$500,000

Home List Price

$5,938*

Closing Credit

3 Bedrooms
2 Full Baths
1,788 SqFt
$280/SqFt
House

Location

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5001 Richmond Ter, North Port$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Off Street
Attached Garage2 spaces
Year Built1993
HeatingCentral, Electric
CoolingCentral Air
ViewPool, Trees/Woods
Private PoolYes
MLS #C7494821
Lot Size0.51 Acres
StatusActive

About 5001 Richmond Ter

Welcome to this meticulously updated 3-bedroom, 2-bath pool home located in the park-like setting of Country Club Estates. Pride of ownership is apparent when you arrive at this spacious 1/2 acre corner lot with lush mature landscaping and a new tile roof (2019). This Florida retreat offers the perfect blend of comfort and modern conveniences with a coastal flair. This charming community features public utilities and a voluntary neighborhood association. Inside, the open floorplan boasts stunning updates completed in 2023, including smooth plastered walls, fresh paint, and raised ceilings in the kitchen and bathrooms. No carpet anywhere... only sleek, durable commercial-grade porcelain tile flooring throughout. The modernized kitchen (2021) showcases unique granite countertops, restored cabinets, subway tile backsplash, updated fixtures, and a complete set of stainless steel appliances, including a stylish chimney hood. Both bathrooms have been luxuriously remodeled with new sinks, vanities, lighting, toilets, plumbing fixtures, and large mirrors. System upgrades include a new HVAC system installed in 2019 with a 3-ton heat pump and air handler, controlled by a Smart/WiFi Honeywell Resideo thermostat. The electrical system was upgraded in 2021 to a 40-slot service panel, including new switches, outlets, and Smart/Alexa compatible lighting and appliance connections throughout the home. The plumbing has been upgraded to Pex flex and enhanced during the kitchen and bathroom remodels. Additionally, the hot water heater has been upgraded to a 50-gallon model with Smart/WiFi control and safety auto shutoff leak detection. Additional features include Smart/WiFi security door controls, security cameras, a closed-circuit camera/TV system, and garage door opener. Other amenities include 4 sets of double pocket sliding glass doors, custom window treatments, new and stylish LED lighting inside and out, and a premium washer and dryer set. Furniture is negotiable. Outside, new gutters were installed in 2024, encompassing the entire house with underground drainage connections to further assist in keeping water away from the home. The spacious lanai/pool area has been transformed into an efficient and private oasis with a new circulating pump, Pentair automation controller, a Smart/WiFi pool chemical monitor, heat pump (with upgraded electric), a low-maintenance saltwater system conversion, refinished surface and tiling, refinished deck, and electric powered hurricane screens, all completed within the past few years. The home also includes a fully operational irrigation system with Smart/WiFi control, ensuring your landscaping stays vibrant and healthy with ease. This home offers the perfect blend of luxury, comfort, privacy, and modern technology. Conveniently located & close to everything... a very short distance to many shopping, dining, entertainment, and outdoor recreation areas. The new and popular CoolToday Park and Wellen Park areas are also nearby. Additionally, plenty of public boat launches and beaches are within a short drive, so you can pick and choose where you want to relax, swim, and/or fish for the day! Schedule your visit today to experience this one of a kind property!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1993
  • Stories: 1
  • Living Area: 1,788 SqFt

Listing Office:

  • Office Name: RE/MAX PALM REALTY
  • Office Phone: (941) 743-5525
  • Listing Agent: Amy Futch

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool, Trees/Woods
  • Exterior: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Off Street

Virtual/3D Tour

  • Virtual Tour: 5001 Richmond Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, Near Public Transit, Oversized Lot, Sidewalk, Paved
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US41, North on Sumter, Left on Richmond Terrace. Home is 1st on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $280/SqFt

Tax Information:

  • Annual Amount: $4,236
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$361.1K

Med. Price/SqFt

$226

Avg. Days On Market

75

# of Sold Homes

145

5001 Richmond Ter vs North Port

134 DAYS ON ROCKET

+59 Days

$500,000

+$138.8K More

$280/SqFt

+$53 More

KEY TAKEAWAY

This property is $138.8K more than the Median Sold Price and $53/SqFt more than other homes in North Port, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #C7494821

Listing Office:

  • Office Name: RE/MAX PALM REALTY
  • Office Phone: (941) 743-5525
  • Listing Agent: Amy Futch

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.
Last updated on: 11/15/2024, 7:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2019Home Sold
$235,000
Jan 19, 1999Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,236$225,000
2019$1,746$106,849
2018$1,617$104,857
2017$1,576$102,700

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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.

Nearby Schools

school-card-donut-526199
7
/10
  • Cranberry Elementary School

  • 2775 Shalimar Ter

  • 1.89 miles

  • Public District Grades PK-5

school-card-donut-526200
5
/10
  • Glenallen Elementary School

  • 7050 Glenallen Blvd

  • 2.37 miles

  • Public District Grades PK-5

school-card-donut-526201
6
/10
  • Lamarque Elementary School

  • 3415 Lamarque Ave

  • 3.98 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,869. The majority of North Port, FL residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5001 Richmond Ter

What is the listing price of this property?

The listing price of 5001 Richmond Ter property is $500,000.

What type of property is this?

The property 5001 Richmond Ter is a house located in North Port, Florida, 34287.

Is this property for sale now?

Active Listing: 5001 Richmond Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,236 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2019 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5001 Richmond Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5001 Richmond Ter is 1,788 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5001 Richmond Ter is 1993.

Rocket HomesFloridaSarasota CountyNorth Port342875001 Richmond Ter

This home is located at 5001 Richmond Ter in North Port, FL and zip code 34287. This 1,788 square foot home, which was built in 1993, sits on a 0.51 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 04, 2024 and is currently priced at $500,000.

In October 2024, from all listings sold in North Port, FL there were more than 22 sold above asking price, over 89 sold below and more than 34 were sold right at the asked price. The inventory of homes for sale in North Port, FL between September 2024 and October 2024 increased by 1%. Listings spent 75 days on the market in October 2024, and had a median list price of $361,114 during the same period.

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

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