NOT LISTED FOR SALE

509 1st St Unit 1 Cedar Key, FL 32625

Cedar Key Area
3 Beds
2 Baths
2,500 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: December 18, 2020

Last sale price $290,000 $116 Per Sq Ft

280 Days on Market

Highlights

  • Airport or Runway
  • Corner Lot
  • Office or Studio
  • Spa
  • Covered Patio or Porch
  • 3-minute walk to Lil Shark Park

About This Home

As of December 2020

DOWNTOWN CONVENIENCE with room for friends and family. Huge 16 x 20 Master Bedroom is almost big enough to live in by itself - overlooks the CITY MARINA from private deck with a private hot tub. Two full baths and two guest bedrooms round out the upstairs PLUS a surprise nook. Downstairs, you'll find not only living room, kitchen and dining area, but also a large laundry room, a workshop and an office formerly use for rental management. Located in THE CENTER OF THINGS. Watch the buzz from your private balcony. WALK to your favorite restaurant on 2nd Street on Dock Street. WALK to the library, the art center, the post office and local businesses. Or ride to them in a golf cart. Open your own office here. Lots and lots of possibilities.

Last Agent to Sell the Property

Doris Hellerman

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842 Listed on: 02/11/2020

Last Buyer's Agent

Doris Hellerman

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842 Listed on: 02/11/2020

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1974

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 85
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Oversized Lot
  • Rectangular Lot
  • Level Lot

Home Design

  • Garden Home
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Vertical Siding
  • Block And Beam Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Office or Studio
  • Separate Outdoor Workshop
  • Shed

Location

  • In Flood Plain

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Liquid Propane Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0851600100

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • City Of Cedar Key Subdivision
  • Airport or Runway

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,410

Year Built

Built in 1974

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 40 x 85
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Inclusions: Furniture And/Or Furnishings May Be Negotiable
  • Subdivision Name: City Of Cedar Key
  • Directions: Driving into Cedar Key on State Road 24, turn left at 1st Street and drive past the six stilt houses on your left. The next building includes 509 1st Street. It is the last townhouse, also know as #1. Look for the CEDAR KEY REALTY, INC. sign.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Efficiency: Attic Fan
  • Structure Type: Garden/Patio
  • Year Built: 1974
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Spa Features: Spa
  • Private Spa: Yes
  • Appliances: Dryer - Electric, Electric Range, Dishwasher, Washer - Top Load, Disposal, Microwave, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Pantry, Ceiling Fan(s), Verticals
  • Living Area: 2500
  • Window Features: Single Pane, Blinds

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Corner Lot, Rectangular Lot, Oversize, Subject to Easement, Landscaped, Flood Plain
  • Pool Features: None
  • Topography: Level
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Block, Wood Siding
  • Exterior Features: Lighting, Balcony
  • Foundation Details: Slab
  • Other Structures: Separate Studio/Office, Shed(s), Workshop
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, Open, Asphalt, Shared Driveway

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Multiple Units, Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet, Phone Connected
  • Water Source: Public, Metered
  • Gas Company: LP-Bottle Gas

Condo/Co-op/Association

  • Community Features: Park, Street Lights, Curbs, Playground, Airport/Runway, Sidewalks

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 0851600100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4409.66
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Dec 18, 2020
Sold by
Bought by
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Doris Hellerman
Cedar Key Realty, Inc.
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Outstanding Balance
$248,201
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.24%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cedar Key, FL

  • Sarah Eastman Real Estate Agent - United Country Smith & Associates Chiefland

    Sarah Eastman

    United Country Smith & Associates Chiefland

    (352) 443-5643

    89 Total Sales

    1 in Cedar Key

    $300,000 Price

    Sarah Eastman
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  • Melinda Allen Real Estate Agent - Pelican Realty

    Melinda Allen

    Pelican Realty

    (352) 224-9455

    58 Total Sales

    55 in Cedar Key

    $19K - $900K Price Range

    Melinda Allen
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  • Robert Turnipseed Real Estate Agent - Hometown Realty of North Fl. Inc.

    Robert Turnipseed

    Hometown Realty of North Fl. Inc.

    (352) 614-0442

    56 Total Sales

    1 in Cedar Key

    $225,000 Price

    Robert Turnipseed
     Section Image
  • Tammy Bryan Real Estate Agent - Compass Realty of North Florida

    Tammy Bryan

    Compass Realty of North Florida

    (352) 646-3592

    102 Total Sales

    3 in Cedar Key

    $5K - $185K Price Range

    Tammy Bryan
     Section Image
  • Joy Glanzer Real Estate Agent - GLANZER REALTY, LLC

    Joy Glanzer

    GLANZER REALTY, LLC

    (352) 900-3059

    73 Total Sales

    1 in Cedar Key

    $30,000 Price

    Joy Glanzer
     Section Image
  • Irma M Ruiz Real Estate Agent - FUTURE HOME REALTY INC

    Irma M Ruiz

    Responds Quickly

    FUTURE HOME REALTY INC

    (813) 798-5068

    49 Total Sales

    1 in Cedar Key

    $11,500 Price

    Irma M Ruiz
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 Levy Abstract And Title Co
-- None Available
-- --
$175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $284,747
Previous Owner $157,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $290,000 -10.8% $116 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $325,000 -- $130 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,361 $268,408
2024 $4,950 $260,844
2023 $4,968 $253,247 $0 $0
2022 $4,742 $245,871 $0 $0
2021 $4,414 $238,710 $70,000 $168,710
2020 $4,843 $221,342 $0 $0
2019 $4,410 $192,785 $0 $0
2018 $4,274 $181,698 $0 $0
2017 $3,823 $164,700 $0 $0
2016 $3,870 $163,361 $0 $0
2015 $3,725 $159,878 $0 $0
2014 $3,739 $159,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DH

    Seller's Agent in 2020

    Doris Hellerman

    Cedar Key Realty, Inc.

    (352) 210-1155

    60 Total Sales

    Doris Hellerman
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 779479

Florida Levy County Cedar Key 32625

509 1st St Unit 1, Cedar Key, FL

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