NOT LISTED FOR SALE

1157 Palmetto Dr Cedar Key, FL 32625

Estimated Value: $443,359 - $507,000

2 Beds
3 Baths
1,232 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $470,000 $381 Per Sq Ft

Current estimated payment $3,066/month

5 Days on Market

Highlights

  • Boathouse
  • Parking available for a boat
  • Open Floorplan
  • Docks
  • Property fronts gulf or ocean
  • Deck

About This Home

As of April 2023

Lovely furnished home on a friendly street with Gulf of Mexico view. Open floor plan is great for entertaining. Two bedrooms and 2 bathrooms with laundry room off back porch. Back porch overlooks the boat house and dock with fish cleaning station. Patio downstairs in back is nicely situated. Full concrete driveway runs under house as well. Outside shower and downstairs bathroom keep the fishermen out of the house, and sand downstairs. Excellent opportunity to own in a great neighborhood.

Last Agent to Sell the Property

Lori Schleede

Nature Coast Realty Brokerage Phone: 3525436323 License #SL3107901 Listed on: 03/18/2023

Last Buyer's Agent

Anna King

Cookie King Real Estate, Inc. License #3107526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,596

Year Built

  • Built in 1979

Lot Details

  • 6,999 Sq Ft Lot
  • Lot Dimensions are 228 x 241 x 61.6
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Irregular Lot

Home Design

  • Cottage
  • Garden Home
  • Raised Foundation
  • Frame Construction
  • Metal Roof
  • T111 Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • Raised Hearth
  • Brick Fireplace
  • Solar Tinted Windows
  • Blinds
  • Sliding Doors
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Pass Thru Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Laundry Located Outside
  • Electric Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Open Parking
  • Parking available for a boat

Outdoor Features

  • Boathouse
  • Docks
  • Balcony
  • Deck

Location

  • In Flood Plain

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Satellite Dish

Community Details

  • South Fowler Way Bayshore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0890900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,596

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1607
  • Lot Size: 228 x 241 x 61.6
  • Road Frontage Type: Private Road
  • Water Body Name: Gulf of Mexico
  • Inclusions: Most Furnishings
  • Subdivision Name: South Fowler Way Bayshore
  • Directions: From SR 24, make a right on Whiddon Ave to STOP sign on Gulf Blvd. Make a left on Gulf Bld. go over 1 small bridge and make your first left, onto Palmetto Drive. House is 5th from the corner.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Structure Type: Garden/Patio
  • Year Built: 1979
  • Attribution Contact: 3525436323
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Dryer - Electric, Garbage Disposal, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Accessibility Features: Main Floor Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: Other Windows/Doors, Sliding Doors
  • Fireplace Features: Brick, Raised Hearth
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Beamed Ceilings, Bookcases, Breakfast Bar, Ceiling Fan(s), Fireplace, Open Floorplan, Pantry, Pass thru Counter, Wood Cabinets
  • Living Area: 1232
  • Window Features: Other Windows/Doors, Solar Tinted Windows, Blinds
  • Master Bedroom Features: 1 Master Suite
  • Master Bathroom Features: Combo Tub & Shower

Exterior Features

  • Fencing: None
  • Lot Features: Irregular Lot, Partially Landscaped, Flood Plain
  • Pool Features: None
  • Topography: Level
  • Waterfront Features: Canal Front, Gulf Front, Gulf of Mexico
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, T-111
  • Exterior Features: Balcony, Dock
  • Foundation Details: Raised
  • Other Structures: Boat House
  • Patio And Porch Features: Open Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Boat, Under House, Concrete

Utilities

  • Laundry Features: Main Level, Outside
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Satellite
  • Water Source: Community

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 6998.7695
  • Parcel #: 0890900000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5596.36
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Stoel Charles L and Stoel Sarah E
Bought by
Stoel Charles L and Stoel Sarah E
Current Estimated Value
$471,840

Purchase Details

Closed on
Dec 22, 2023
Sold by
Norton Karlton
Bought by
Norton Karlton and Brinkman Tammy S

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 25, 2023
Sold by
Moore James and Moore Julie
Bought by
Norton Karlton
Seller's Agent
Lori Schleede
Nature Coast Realty
Buyer's Agent
Anna King
Cookie King Real Estate, Inc.
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Views
178

Purchase Details

Listed on
Apr 22, 2014
Closed on
Feb 1, 2016
Sold by
Geraine Jeanne
Bought by
Moore James and Moore Julie
Seller's Agent
Lori Schleede
Nature Coast Realty
Buyer's Agent
Lori Schleede
Nature Coast Realty
List Price
$330,000
Sold Price
$250,000
Premium/Discount to List
-$80,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$165,000
Interest Rate
4%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Olson Olaf C and Olson Phoebe A
Bought by
Geraine Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.49%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stoel Charles L $100 None Listed On Document
Stoel Charles L $475,000 None Listed On Document
Norton Karlton $100 None Listed On Document
Norton Karlton $470,000 Levy Abstract & Title
Moore James $250,000 Kevy Abstract & Title Co
Geraine Jeanne $210,000 Levy Abstract & Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore James $165,000
Previous Owner Geraine Jeanne $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $470,000 -3.9% $381 / Sq Ft
04/02/2023 04/02/23 Off Market $489,000 -- --
03/18/2023 03/18/23 For Sale $489,000 +95.6% $397 / Sq Ft
02/05/2016 02/05/16 Sold $250,000 -24.2% $203 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
04/22/2014 04/22/14 For Sale $330,000 -- $268 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,000 $313,091 $78,000 $235,091
2023 $6,298 $257,440 $0 $0
2022 $5,596 $270,438 $78,000 $192,438
2021 $4,776 $212,760 $72,000 $140,760
2020 $4,506 $198,844 $0 $0
2019 $4,139 $191,125 $0 $0
2018 $4,493 $191,125 $0 $0
2017 $4,127 $178,223 $0 $0
2016 $3,851 $169,752 $0 $0
2015 -- $144,893 $0 $0
2014 -- $144,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lori Schleede

    Nature Coast Realty

    (352) 221-0572

    7 Total Sales

    Lori Schleede
    Section Image
  • Anna King

    Buyer's Agent in 2023

    Anna King

    Cookie King Real Estate, Inc.

    (352) 339-0901

    179 Total Sales

    Anna King
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 786179

APN: 08909-000-00

Florida Levy County Cedar Key 32625

1157 Palmetto Dr, Cedar Key, FL

This home is located at 1157 Palmetto Dr, Cedar Key, FL 32625 since 18 March 2023 and is currently estimated at $471,840, approximately $382 per square foot. This property was built in 1979. 1157 Palmetto Dr is a home located in Levy County with nearby schools including Cedar Key High School.

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