M
Seller's Agent in 2022
Melinda Allen
Pelican Realty
(352) 222-8585
57 Total Sales
550 1st St Unit U102 Cedar Key, FL 32625
Estimated Value: $130,000 - $306,000
1
Bed
1
Bath
560
Sq Ft
1,481
Sq Ft Lot Lot
Highlights
- Property fronts gulf or ocean
- Deck
- Furnished
- Concrete Pool
- Traditional Architecture
- 4-minute walk to Lil Shark Park
About This Home
As of October 2022HOT income producing unit at Island Place condos, one of the premier complexes in Cedar Key! Exterior is in excellent condition with recent concrete fiberboard siding, deck replacement, railing replacement, and roof only 8 years old. Windows are all updated and sliding doors are impact for no worries while you're away. New front doors are on a schedule and already paid for. Inside there are brand new appliances (not shown in pics due to guests occupying unit), granite countertops and a fully stocked kitchen await your inner chef. Not a studio, this is a full separate bedroom condo. Stacked washer/dryer right inside the unit to make your vacation seamless. The Gulf front pool is the best pool on the island with a view straight out to Atsena Otie. Walk one block to restaurants and shopping. Dedicated parking space for this unit and onsite management company provides stellar service with superior income and none of the work at Island Place Unit 102!
Last Agent to Sell the Property
Pelican Realty Brokerage Phone: 3525435581 License #3464870 Listed on: 09/14/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,567
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
- Landscaped
HOA Fees
- $591 Monthly HOA Fees
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
- HardiePlank Type
Interior Spaces
- 560 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Double Pane Windows
- Blinds
- Sliding Doors
- Gulf Views
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- Paved Parking
- Open Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Balcony
- Deck
- Exterior Lighting
- Outdoor Grill
- Porch
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
- Internet Available
- Satellite Dish
Additional Features
- No Carpet
- In Flood Plain
Listing and Financial Details
- Assessor Parcel Number 1765600000
Community Details
Overview
- The Island Place At Cedar Key Subdivision
Recreation
- Gulf Boat Access
Pet Policy
- Pets Allowed
Security
- Storm Windows
- High Impact Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Oct 20, 2022
Sold by
Skeen Robert
Bought by
Hollister Clare R and Hollister Carolyn A
Seller's Agent
Melinda Allen
Pelican Realty
Buyer's Agent
Whitney Wilson
Cedar Key Realty, Inc.
List Price
$259,000
Sold Price
$246,000
Premium/Discount to List
-$13,000
-5.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,651
Avg. Annual Appreciation
-4.14%
Purchase Details
Listed on
Aug 10, 2021
Closed on
Aug 25, 2021
Sold by
Jalex Vacations Llc
Bought by
Skeen Robert B
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Nickie Rucker
A. Nickies Homes
List Price
$175,000
Sold Price
$175,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.46%
Purchase Details
Listed on
Mar 7, 2019
Closed on
Sep 17, 2019
Sold by
Young William H and Young Constance F
Bought by
Jalex Vacations Llc
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Doris Hellerman
Cedar Key Realty, Inc.
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Purchase Details
Listed on
Dec 4, 2015
Closed on
Apr 12, 2016
Sold by
Susdorf Howard and Susdorf Valerie J
Bought by
Young William H and Young Constance F
Seller's Agent
Anne Young
Pelican Realty
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$103,000
Sold Price
$103,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Purchase Details
Closed on
Oct 9, 2014
Sold by
Hadden John and Susdorf Howard
Bought by
Drummond Community Bank
Purchase Details
Closed on
May 6, 2013
Sold by
Susdorf H E and Susdorf Valerie J
Bought by
Hadden John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3%
Mortgage Type
Seller Take Back
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hollister Clare R | $246,000 | Action Title | |
| Skeen Robert B | $175,000 | None Listed On Document | |
| Jalex Vacations Llc | $130,000 | Attorney | |
| Young William H | $103,000 | Attorney | |
| Drummond Community Bank | -- | None Available | |
| Hadden John | $110,000 | Levy Abstract & Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hadden John | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/20/2022 10/20/22 | Sold | $246,000 | -5.0% | $439 / Sq Ft | |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- | |
| 09/14/2022 09/14/22 | For Sale | $259,000 | +48.0% | $463 / Sq Ft | |
| 08/25/2021 08/25/21 | Sold | $175,000 | 0.0% | $292 / Sq Ft | View Prior Sale |
| 08/10/2021 08/10/21 | For Sale | $175,000 | +34.6% | $292 / Sq Ft | |
| 09/18/2019 09/18/19 | Sold | $130,000 | -6.5% | $232 / Sq Ft | View Prior Sale |
| 08/19/2019 08/19/19 | Pending | -- | -- | -- | |
| 03/07/2019 03/07/19 | For Sale | $139,000 | +35.0% | $248 / Sq Ft | |
| 04/12/2016 04/12/16 | Sold | $103,000 | 0.0% | $184 / Sq Ft | View Prior Sale |
| 03/13/2016 03/13/16 | Pending | -- | -- | -- | |
| 12/04/2015 12/04/15 | For Sale | $103,000 | -- | $184 / Sq Ft |
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $2,446 | $106,251 | $1 | $106,250 |
| 2024 | $4,428 | $212,500 | $1 | $212,499 |
| 2023 | $4,637 | $212,500 | $1 | $212,499 |
| 2022 | $3,682 | $170,000 | $1 | $169,999 |
| 2021 | $2,674 | $118,999 | $1 | $118,998 |
| 2020 | $2,497 | $109,999 | $0 | $0 |
| 2019 | $2,030 | $91,999 | $0 | $0 |
| 2018 | $1,634 | $68,000 | $0 | $0 |
| 2017 | $1,648 | $68,000 | $0 | $0 |
| 2016 | $1,969 | $79,999 | $0 | $0 |
| 2015 | $1,936 | $79,999 | $0 | $0 |
| 2014 | $1,952 | $79,999 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Allen
-
Whitney Wilson
W
Buyer's Agent in 2022
Whitney Wilson
Cedar Key Realty, Inc.
(352) 848-8224
22 Total Sales
-
Doris Hellerman
D
Seller's Agent in 2021
Doris Hellerman
Cedar Key Realty, Inc.
(352) 210-1155
72 Total Sales
-
Nickie Rucker
Buyer's Agent in 2021
Nickie Rucker
A. Nickies Homes
(352) 477-0007
28 Total Sales
-
Anne Young
A
Seller's Agent in 2016
Anne Young
Pelican Realty
(352) 949-4199
4 Total Sales
-
Vanessa Edmunds
Buyer's Agent in 2016
Vanessa Edmunds
Cedar Key Realty, Inc.
(352) 210-1155
155 Total Sales
Map
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 785256
APN: 17656-000-00
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