NOT LISTED FOR SALE

550 1st St Unit U209 Cedar Key, FL 32625

Estimated Value: $182,000 - $253,000

1 Bed
1 Bath
560 Sq Ft
$500/mo HOA Fee

Last Sold March 04, 2019

Last sale price $160,000 $286 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,116/month

91 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • Wood Flooring
  • Concrete Pool
  • Key West Architecture
  • 4-minute walk to Lil Shark Park

About This Home

As of March 2019

ENJOY THE PRISTINE WATERFRONT VIEW IN THIS BEAUTIFUL COMPLETELY REFURBISHED UNIT. ALL NEW APPLIANCES AND FURNISHINGS. WALK TO THE DOCKSIDE RESTAURANTS AND SHOPS. GREAT 2ND FLOOR LOCATION WITH BRAND NEW (HURRICANE PROOF) SLIDING GLASS DOORS THAT OPEN UP TO A COVERED BALCONY/DECK.

Last Buyer's Agent

Janet Blackwell

Cedar Key Realty, Inc. License #BK692220

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 560 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Gulf Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Electric Washer and Dryer

Parking

  • Paved Parking
  • Open Parking

Pool

  • Concrete Pool
  • Fence Around Pool

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Deck
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 1767600000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,932

Year Built

Built in 1982

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Water Body Name: Gulf of Mexico
  • Inclusions: Fully Furnished As Shown
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: FROM SR24 & 2ND ST. (IN CEDAR KEY) CROSS OVER 2ND ST. AND TURN LEFT ON TO 1ST ST. GO HALF A BLOCK AND ISLAND PLACE CONDOS WILL BE ON THE RIGHT.
  • Architectural Style: Key West
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 3525436323
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Refrigerator, Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Breakfast Bar
  • Living Area: 560
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Lot Features: Other, Landscaped, Flood Insurance Current
  • Pool Features: Concrete Pool, Fenced
  • Topography: Level
  • View: Gulf View
  • View: Yes
  • Waterfront Features: Other, Gulf Front
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Home Warranty: No
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Other, Asphalt

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Internet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1767600000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1932
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Ives Ralph E and Ives Madalyn
Bought by
Murphy Graham P
Current Estimated Value
$229,172

Purchase Details

Listed on
Nov 2, 2018
Closed on
Mar 4, 2019
Sold by
Register Clayton Dale
Bought by
Ives Ralph E and Ives Madalyn
Buyer's Agent
Janet Blackwell
Cedar Key Realty, Inc.
List Price
$178,000
Sold Price
$160,000
Premium/Discount to List
-$18,000
-10.11%

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 8, 2016
Sold by
Declaration Dyson Carol Joann and Declaration John Douglas Dyson
Bought by
Register Clayton Dale
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$104,733
Interest Rate
3.79%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Dyson John D and Dyson Margaret E
Bought by
Declaration Dyson John Douglas and Declaration John Douglas Dyson

Purchase Details

Closed on
Jan 6, 2003
Sold by
Legra Real Estate & Investment Corp
Bought by
Matos Trinidad
Source: Public Records

Range of Values:

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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
Murphy Graham P $185,000 Bosshardt Title Ins Agcy Llc
Ives Ralph E $160,000 Levy Abstract & Title Co
Register Clayton Dale $125,000 Levy Abstract & Title Co
Declaration Dyson John Douglas -- None Available
Matos Trinidad $9,000 Wilson Abstract & Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Register Clayton Dale $104,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $160,000 -10.1% $286 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $178,000 +42.4% $318 / Sq Ft
03/11/2016 03/11/16 Sold $125,000 -3.5% $186 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $129,500 -- $193 / 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 $4,327 $212,500 $1 $212,499
2023 $4,238 $187,000 $0 $0
2022 $3,682 $170,000 $1 $169,999
2021 $3,289 $147,999 $1 $147,998
2020 $3,072 $136,999 $0 $0
2019 $2,804 $123,999 $0 $0
2018 $1,915 $80,625 $0 $0
2017 $1,932 $80,625 $0 $0
2016 $2,570 $107,500 $0 $0
2015 $2,309 $97,499 $0 $0
2014 $2,121 $87,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2019

    Janet Blackwell

    Cedar Key Realty, Inc.

    (352) 477-0025

    12 Total Sales

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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 776721

APN: 17676-000-00

Florida Levy County Cedar Key 32625

550 1st St Unit U209, Cedar Key, FL

This home is located at 550 1st St Unit U209, Cedar Key, FL 32625 since 02 November 2018 and is currently estimated at $218,108, approximately $389 per square foot. This property was built in 1982. 550 1st St Unit U209 is a home located in Levy County with nearby schools including Cedar Key High School.

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