7020 COGNAC DRIVE UNIT 4, NEW PORT RICHEY, FL, 34653
Active6 days on marketListed Aug 5, 2026MLS #TB8535460
About this home
7020 COGNAC DRIVE UNIT 4
Welcome to this beautifully maintained second-floor condominium in the highly desirable Magnolia Valley community! This inviting 2-bedroom, 2-bathroom home offers a bright, open-concept layout that seamlessly connects the living room, dining area, and kitchen, creating the perfect space for both everyday living and entertaining. Step through the double sliding glass doors onto the expansive screened porch, where you can relax and enjoy tranquil, park-like views. The generous outdoor living space also features three private storage closets, providing plenty of room for seasonal items and extra belongings. Inside, you'll appreciate the convenience of an in-unit laundry closet with a full-size washer and dryer. This home has been thoughtfully updated with major improvements, including a new electrical panel, HVAC system, roof, water heater, plumbing, appliances, and modern light fixtures, offering exceptional value and peace of mind for the next owner. The unit includes assigned covered carport space and is part of a well-maintained community with a low HOA fee of just $345 monthly. Whether you're searching for a year-round residence, a seasonal retreat, or an investment opportunity, this move-in-ready condo combines comfort, convenience, and low-maintenance living in a prime location close to shopping, dining, golf courses, parks, medical facilities, and Florida's beautiful Gulf Coast beaches. Don't miss your chance to make this exceptional Magnolia Valley condo your own—schedule your private showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,044
Sqft
0.01 ac
Lot size
1973
Year built
One
Levels
$110
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,009 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,009/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−1.8%
$/sqft vs MAGNOLIA VALLEY
$110 vs $180
Days on market
6 vs 51 typical
Where $110/sqft sits among the 11 homes for sale in MAGNOLIA VALLEY
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside New Port Richey
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Port Richey. See the full New Port Richey guide →
NEW PORT RICHEY 34653 — neighborhood snapshot
Population
36,086
Median age
49.9
Median income
$47,660
Median home value
$180,900
Avg household
2.21
Households w/ children
3,038
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The New Port Richey market
$280K → $275K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
9 of 11
MAGNOLIA VALLEY have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 52% below the NEW PORT RICHEY 34653 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 7020 COGNAC DRIVE UNIT 4
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$124,900
7050 COGNAC DRIVE UNIT 1 · same community
2 bd · 2 ba · 1,044 sqft · $120/sqft · 23 DOM
Sold · Jul ’26$255,000
7209 MAGNOLIA VALLEY DRIVE · same community
2 bd · 2 ba · 1,126 sqft · $226/sqft · 90 DOM
Sold · Sep ’25$277,500
7031 MAGNOLIA VALLEY DRIVE · same community
3 bd · 1.5 ba · 1,180 sqft · $235/sqft · 49 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 7020 COGNAC DRIVE UNIT 4 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7020 COGNAC DRIVE UNIT 4 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
7020 COGNAC DRIVE UNIT 4 FAQs
What would the monthly payment be for 7020 COGNAC DRIVE UNIT 4?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,009/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 7020 COGNAC DRIVE UNIT 4?+
The most recent tax bill on record (2025) was $1,458. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7020 COGNAC DRIVE UNIT 4?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in New Port Richey?+
At $115,000, this home is listed about 59% below the New Port Richey median of $280,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7020 COGNAC DRIVE UNIT 4?+
Anclote Elementary School (elementary), Gulf Middle School (middle), Anclote High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the NEW PORT RICHEY 34653 market on paper
$115,000 is 52% below the NEW PORT RICHEY 34653 median of $240,000, and at $110/sqft it sits under the New Port Richey average of $213.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Fresh on the market
Only 6 days on market in a New Port Richey market that averages 51 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of HOMETRUST REALTY GROUP · Steve Plested. MLS #TB8535460.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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