Seller's Agent in 2023
Caryn Stephenson
Pelican Realty
(352) 228-0420
65 Total Sales
550 1st St Unit U103 Cedar Key, FL 32625
Cedar Key AreaEstimated Value: $226,000 - $238,000
1
Bed
1
Bath
560
Sq Ft
1,917
Sq Ft Lot
Highlights
- Property fronts gulf or ocean
- Deck
- Main Floor Primary Bedroom
- Concrete Pool
- Traditional Architecture
- 4-minute walk to Lil Shark Park
About This Home
As of May 2023WOW! A rare HOT income producing unit at Island Place condos, one of the premier complexes in Cedar Key! Exterior is in excellent condition w/ concrete fiberboard siding/decks/railing/roof replaced in within last several years. Windows are all updated and sliding doors are impact for no worries while you're away. Not a studio, this is a full separate bedroom condo.It's a perfect getaway! Fully stocked kitchen allows cooking any gourmet meal. Stacked washer/dryer right inside the unit to make your vacation seamless. The Gulf front pool is the best pool on the island with an open water view straight out to Atsena Otie. Walk one block to restaurants and shopping. Dedicated parking space for this unit. Onsite management company provides stellar service with superior income and none of the work at Island Place Unit 103! Excellent ROI for investors and those who wish to live here year round are welcome! Must use onsite management for rental pool. Walk to everything and enjoy the island!
Last Agent to Sell the Property
Pelican Realty Brokerage Email: 3525435581, carynd@gmail.com License #3232198 Listed on: 02/24/2023
Co-Listed By
Pelican Realty Brokerage Email: 3525435581, carynd@gmail.com License #3464870
Last Buyer's Agent
Pelican Realty Brokerage Email: 3525435581, carynd@gmail.com License #3464870
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,572
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 Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Single Vanity
- Shower
Home Security
Parking
- Paved Parking
- Open Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Deck
- Exterior Lighting
- Outdoor Grill
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 1765700000
Community Details
Overview
- The Island Place At Cedar Key Subdivision
Pet Policy
- Pets Allowed
Security
- Storm Windows
- High Impact Windows
- Fire and Smoke Detector
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 24, 2023
Closed on
May 1, 2023
Sold by
Bought by
Seller's Agent
Caryn Stephenson
Pelican Realty
Buyer's Agent
Melinda Allen
Pelican Realty
List Price
$269,000
Sold Price
$247,500
Premium/Discount to List
-$21,500
-7.99%
Views
263
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
-$16,507
Avg. Annual Appreciation
-2.10%
Purchase Details
Listed on
Jul 14, 2020
Closed on
Mar 15, 2021
Sold by
Bought by
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$139,900
Sold Price
$139,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.71%
Original Mortgage
$118,915
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2015
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
$74,727
Interest Rate
3.95%
Purchase Details
Closed on
Aug 4, 2009
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $247,500 | Action Title | ||
| $139,900 | None Listed On Document | ||
| $89,500 | Levy Abstract & Title Co | ||
| -- | None Available |
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 |
|---|---|---|---|
| Previous Owner | $118,915 | ||
| Previous Owner | $74,727 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $247,500 | -4.4% | $442 / Sq Ft | |
| 04/02/2023 04/02/23 | Off Market | $259,000 | -- | -- | |
| 03/08/2023 03/08/23 | Price Changed | $259,000 | -3.7% | $463 / Sq Ft | |
| 02/24/2023 02/24/23 | For Sale | $269,000 | +92.3% | $480 / Sq Ft | |
| 03/15/2021 03/15/21 | Sold | $139,900 | 0.0% | $254 / Sq Ft | View Prior Sale |
| 02/13/2021 02/13/21 | Pending | -- | -- | -- | |
| 07/14/2020 07/14/20 | For Sale | $139,900 | -- | $254 / 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 | $4,428 | $106,251 | $1 | $106,250 |
| 2024 | $4,428 | $212,500 | $1 | $212,499 |
| 2023 | $4,238 | $187,000 | $0 | $0 |
| 2022 | $3,682 | $170,000 | $1 | $169,999 |
| 2021 | $2,461 | $118,999 | $1 | $118,998 |
| 2020 | $2,275 | $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
-
Caryn Stephenson
-
Melinda Allen
Seller Co-Listing Agent in 2023
Melinda Allen
Pelican Realty
(352) 222-8585
61 Total Sales
-
Vanessa Edmunds
Buyer's Agent in 2021
Vanessa Edmunds
Cedar Key Realty, Inc.
(352) 210-1155
143 Total Sales
Map
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 786042
APN: 17657-000-00
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