NOT LISTED FOR SALE

550 1st St Unit U105 Cedar Key, FL 32625

Cedar Key Area

Estimated Value: $212,732

1 Bed
1 Bath
672 Sq Ft
1982 Built

Sale Details

Date Sold: March 19, 2015

Last sale price $150,000 $223 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,639 / mo

26 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Corner Lot
  • Waterfront
  • Deck
  • 4-minute walk to Lil Shark Park

About This Home

As of March 2015

Gorgeously remodeled and redecorated END WATERFRONT UNIT! The ground floor end unit means more windows and a TOTALLY UNOBSTRUCTED VIEW of the OPEN GULF from much of the unit. Refurbishing included NEW WOOD-LOOK TILE throughout, new mattress, BRAND NEW FURNITURE, new marble bath vanity, and Crate & Barrel equipped kitchen. Relax on the newly-decked porch in the new resin porch furniture, made to last and last in the salt breeze! The whole unit is freshly painted and ready! WATERFRONT UNITS ARE LIMITED & THIS ONE HAS INCREDIBLE RENTAL HISTORY!

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Landscaped
  • Level Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Cracker Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • French Doors
  • Tile Flooring
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

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

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1765900000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,023

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: Purchase Fully Furnished As Shown.
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: From SR 24, pass through intersection of SR24 and 2nd (main) Street, to stop sign at 1st Street. Turn left and you will see The Island Place sign on the right at the corner.
  • Architectural Style: Cracker
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 3525435581
  • Special Features: None

Interior Features

  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Microwave Hood, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors, Other Windows/Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Other, Granite Counters, Laminate Counters, Open Floorplan, Ceiling Fan(s)
  • Living Area: 672
  • Window Features: Other Windows/Doors, Blinds

Exterior Features

  • Lot Features: Corner Lot, Other, Landscaped
  • Pool Features: In Ground
  • Topography: Level
  • Waterfront Features: None, Other
  • Waterfront: Yes
  • Disclosures: HOA Disclosure, Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Barbecue, Lighting
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch, Open Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, None, Asphalt, Shared Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1765900000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2023.36
  • Tax Year: 2014

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

Closed on
Sep 30, 2024
Sold by
Shenefelt Philip D and Shenefelt Debrah
Bought by
Current Estimated Value
$212,732

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 18, 2015
Sold by
Grundset Ronnie L and The Grundset Living Trust
Bought by
Shenefelt Philip D and Shenefelt Debrah
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$105,000
Interest Rate
3.87%

Purchase Details

Closed on
Dec 17, 2007
Sold by
Grundset Ronnie L
Bought by
Grundset Ronnie L and Grundset Living Trust
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

  • Joy Glanzer Real Estate Agent - GLANZER REALTY, LLC

    Joy Glanzer

    GLANZER REALTY, LLC

    (352) 900-3059

    74 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

    48 Total Sales

    1 in Cedar Key

    $11,500 Price

    Irma M Ruiz
     Section Image
  • Hope Harvey Webb Real Estate Agent - The American Dream

    Hope Harvey Webb

    The American Dream

    (850) 918-8595

    292 Total Sales

    1 in Cedar Key

    $195,000 Price

    Hope Harvey Webb
     Section Image
  • Trisha Roy Real Estate Agent - Open Spaces International

    Trisha Roy

    Responds Quickly

    Open Spaces International

    (352) 660-7702

    50 Total Sales

    1 in Cedar Key

    $659,000 Price

    Trisha Roy
     Section Image
  • Caryn Stephenson Real Estate Agent - Pelican Realty

    Caryn Stephenson

    Pelican Realty

    (352) 855-3517

    66 Total Sales

    57 in Cedar Key

    $41K - $900K Price Range

    Caryn Stephenson
     Section Image
  • Nancy Zubler-Turner Real Estate Agent - BIG BEND HOME & LAND LLC

    Nancy Zubler-Turner

    BIG BEND HOME & LAND LLC

    (352) 251-1131

    125 Total Sales

    6 in Cedar Key

    $115K - $290K Price Range

    Nancy Zubler-Turner
     Section Image
See All Agents

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
$100 None Listed On Document
Shenefelt Philip D $150,000 Security Title Services Inc
Grundset Ronnie L -- Attorney
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 $105,000
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
03/19/2015 03/19/15 Sold $150,000 -5.7% $223 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $159,000 -- $237 / 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 $3,924 $106,251 $1 $106,250
2024 $3,924 $212,500 $1 $212,499
2023 $3,850 $162,178 $0 $0
2022 $3,338 $170,000 $1 $169,999
2021 $3,028 $139,999 $1 $139,998
2020 $2,780 $126,999 $0 $0
2019 $2,544 $114,999 $0 $0
2018 $1,516 $62,700 $0 $0
2017 $1,529 $62,700 $0 $0
2016 $2,528 $104,500 $0 $0
2015 $2,249 $94,999 $0 $0
2014 $2,065 $84,999 $0 $0
Source: Public Records

Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 769430

APN: 17659-000-00

Florida Levy County Cedar Key 32625

550 1st St Unit U105, Cedar Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.