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$129,900
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Property Description
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!
Full Property Details
Full Property Details for 7040 Cognac Dr #3
General
- Price: $129,900
- HOA FEE: $345/month
- Taxes: $439 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8495931
- Updated: 5/4/2026
- Added to Site: 48 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
- Furnishings: Unfurnished
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Sidewalk, Sliding Doors, Storage
Parking
- Carports: Yes
- Carport: 73
- Carport Spaces: 73
- Covered Spaces: 73
Location
- Area: 34653 - New Port Richey
- County: Pasco
- Development Name: 34653 - New Port Richey
- Subdivision: MAGNOLIA VALLEY
- Driving Directions: North on. Rowan, east on Massachusetts, left on Cognac to address.
- Direction Faces: West
Community
- Community Name: 34653 - New Port Richey
- Community Features: None
- Association: Yes
- Assoc. Name: Rick Lawson
- Assoc. Fees Include: Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Common Walls: End Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,044
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 630
- Lot Size: 630
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $345
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $439.15
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: MAGNOLIA VALLEY CONDO PB 11 PG 95 APT C BLDG 7 & COMMON ELEMENTS OR 4123 PG 869
- Flood Zone Info: X*
- APN: 162534080.0007.0000C.0
- Property ID: 162534080.0007.0000C.0
- Block/Lot/Section: 7
Listed by Action Realty Of Tampa Bay Inc
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Schools
Schools serving 7040 Cognac Dr #3
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Calusa Elementary School, New Port Richey, FL 7520 Orchid Lake Road, New Port Richey, FL 34653 | K-5 | 0.9 mi |
Chasco Middle School 7702 Ridge Road, Port Richey, FL 34668 | 6-8 | 1.5 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7040 Cognac Dr #3
Date
Details
Price
Change
Source
5/04/2026
Price Reduced
$129,900
-7.15%
MLS
4/21/2026
Price Reduced
$139,900
-5.47%
MLS
4/10/2026
Listed
$148,000
146.67%
MLS
6/28/2023
Sold
$60,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7040 Cognac Dr #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$417
-5%
$39,690
3%
2025
$439
5%
$38,580
3%
2024
$417
-70%
$37,494
-58%
2023
$1,381
26%
$89,617
36%
2022
$1,094
15%
$65,967
38%
2021
$951
—
$47,823
4%
2021
$951
6%
$46,003
6%
2019
$898
6%
$43,380
10%
2018
$848
9%
$39,443
4%
2017
$778
18%
$37,919
13%
2016
$658
8%
$33,703
14%
2015
$612
-3%
$29,634
-2%
2013
$631
—
$30,110
-5%
2013
$631
—
$31,642
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7040 Cognac Dr #3
7040 Cognac Drive #3, New Port Richey, FL 34653 (MLS# TB8495931) is a Condo property with 2 bedrooms and 2 full bathrooms. 7040 Cognac Drive #3 is currently listed for $129,900 and was received on April 10, 2026. Want to learn more about 7040 Cognac Drive #3? Do you have questions about finding other Condo real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

