New Port Richey › Tela Heights

7427 Chapel Ave

New Port Richey, FL 34652
$189,000
2 bed1 bath804 sqftSingle-family home · built 1955

Listed at $235 per sq ft. Median for single-family homes with up to 2 bedrooms in New Port Richey sold in the last 12 months: $200 per sq ft.

75 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 6% of single-family homes sold in New Port Richey
514 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 13% above the typical price for a single-family home its size in New Port Richey
514 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 12% of single-family homes in New Port Richey
826 homes · May 2006 - Oct 2026
Compared against 40 similar homes sold within 0.81 mi.

About this property

Welcome to this charming Old Florida cottage in the heart of New Port Richey, just one block from the Cotee River. Enjoy access to a neighborhood dock just down the street, stroll over to watch the annual Christmas Boat Parade, hop on your golf cart for dinner downtown.
home features an updated kitchen and bathroom, central A/C, and wonderful original cottage details. An enclosed, air-conditioned Florida room provides additional flexible living space, while the large backyard, mature trees and rear deck give plenty of room to relax, entertain or garden.
The home sits elevated above the surrounding grade and has never flooded

Property details

Year built1955
Lot size0.16 ac
HOANot stated
ParkingCarport
Days on market29
MLS#TB8543765
DishwasherElectric water heaterRangeRefrigeratorCentral air conditioningCentral heating
All features →
  • Dishwasher
  • Electric water heater
  • Range
  • Refrigerator
  • Central air conditioning
  • Central heating
  • Heat pump heating
  • Shingle roof
  • Crawlspace foundation
  • Single story
  • Cable connected
  • Public utilities
  • Carport

The market for homes like this

Single-family homes with up to 2 bedrooms in New Port Richey
i
Median sold price$225,00075 sales · last 12 months
Median price per sq ft$20075 sales · last 12 months
Median rent$1,700/mo46 leases · last 12 months
Median days to lease4246 leases · last 12 months

New Port Richey, as its listings describe it

What agents stated on listings, 2006 – 2026i
Community pool63%of 219 listings
HOA fee, median$303/moof 145 listings
Has an association35%of 483 listings
Pets allowed84%of 516 listings
Minimum lease, most commonNo Minimum57% of 357 listings · next: 3 Months
Lease restrictions40%of 360 listings
Association approval required53%of 225 listings
Private pool7%of 649 listings
Gated27%of 219 listings
Public water · sewer99% · 99%of 392 · 421 listings
Flood zone (A or V)42%of 440 listings
55+ communityNo81% of 484 listings · next: Yes
Homestead share56%of 6,148 homes · county tax roll
Also stated: waterfront 12% of 488 listings; CDD 0% of 386.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $235 per sq ft, 18% above the $200 median for 2-bedroom single-family homes in New Port Richey sold in the last 12 months
75 sales · last 12 months
Time on market
On the market 29 days; 2-bedroom single-family homes in New Port Richey took a median of 32 days to sell in the last 12 months
75 sales · last 12 months
Price history
Listed at $219,000 originally; now $189,000, 13.7% lower after at least two price reductions. The most recent: down $10,900 on Oct. 1, 2026
at least two price reductions visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$836 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $2,600/yr homesteaded, $3,500/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$151/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
Not yet available (City of New Port Richey Utilities)
THE NEIGHBORHOOD

Living in New Port Richey

City of New Port Richey · Pasco County · ZIP 34652 · Flood zone AE
Explore New Port Richey →
Homes6,148residential parcels
Median sold price$229,500284 sales · last 12 months
Vs. the prior year+9.3%284 sales this year · 284 sales the prior year
Median rent$1,495/mo115 leases · last 12 months
Homes that changed hands5%284 sales of 6,148 homes
Homestead share56%of 6,148 homes · county tax roll
Single-family homes in New Port Richey, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months185$256,250$1,700/mo46 leases
2 bed · this home75$225,000—
3 bed93$284,500—
4 bed13Not enough sales yet to report on their own
5+ bed4Not enough sales yet to report on their own
All single-family homes · 24 months376$250,000$1,797/mo90 leases
Median price

New Port Richey homes sold for a median of $229,500 in the 12 months to Oct. 11, 2026.

284 sales
Price trend

That's 9.3% above the median for the 12 months before, $210,000.

284 sales this year · 284 sales the prior year
What's selling

Single-family detached homes made up 185 of the 284 sales in the same 12 months, at a median of $256,250.

185 of 284 sales
Not yet available here: rent and time-to-lease for condos.The New Port Richey record: homes, prices, rents, communities and listings →

Location

7427 CHAPEL AVE, NEW PORT RICHEY, FL 34652

Nearby homes for sale in New Port Richey

Based on information from Stellar MLS® for the period May 17, 2006 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

← Browse homes for sale
Request a showing