550 1st St Unit U210 Cedar Key, FL 32625
1
Bed
1
Bath
560
Sq Ft
$524/mo
HOA Fee
Highlights
- Airport or Runway
- Waterfront
- Key West Architecture
- Saltwater Pool
- Deck
- 4-minute walk to Lil Shark Park
About This Home
As of April 2021Let your eyes gaze out across Gulf waters and RISE ABOVE IT ALL. Feel your cares dissolve in the gentle rise and fall of the tide. RENOVATED in 2017, this condo features a vaulted ceiling, new wood-like ceramic tile floors, new double-pane hurricane grade sliding glass doors and a new thermal pane window. It is located on the top floor with a private deck overlooking the open Gulf to the southwest and Dock Street shops and restaurants to the southeast. The Island Place common areas include a beautifully landscaped barbecue and picnic area, and a solar heated salt water pool overlooking the Gulf. Keep your condo all to yourself, or join the on-site rental program and let it pay for itself when you aren't using it.
Last Agent to Sell the Property
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,804
Year Built
- Built in 1982
Lot Details
- Waterfront
- Partially Fenced Property
- Landscaped
- Oversized Lot
- Level Lot
HOA Fees
- $524 Monthly HOA Fees
Home Design
- Key West Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
- HardiePlank Type
Interior Spaces
- 560 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Thermal Windows
- Double Pane Windows
- Window Treatments
- Sliding Doors
- Vinyl Flooring
- Crawl Space
Kitchen
- Breakfast Bar
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Laminate Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry closet
- Stacked Electric Washer and Dryer
Home Security
Parking
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Pool
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Deck
- Exterior Lighting
- Outdoor Grill
Location
- In Flood Plain
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
- Internet Available
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 1767700000
Community Details
Overview
- The Island Place At Cedar Key Subdivision
Recreation
- Community Playground
- Park
Additional Features
- Airport or Runway
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2021
Closed on
Apr 7, 2021
Sold by
Lickwar Andrew Richard
Bought by
Beucler John C
Seller's Agent
Janet Blackwell
Cedar Key Realty, Inc.
Buyer's Agent
Janet Blackwell
Cedar Key Realty, Inc.
List Price
$187,000
Sold Price
$175,000
Premium/Discount to List
-$12,000
-6.42%
Total Days on Market
29
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
$56,136
Avg. Annual Appreciation
7.75%
Purchase Details
Listed on
Feb 27, 2020
Closed on
Apr 23, 2020
Sold by
Levesque Ronald P and Levesque Donna
Bought by
Lickwar Andrew Richard
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Janet Blackwell
Cedar Key Realty, Inc.
List Price
$165,000
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 27, 2016
Closed on
Feb 28, 2018
Sold by
Thornqvist Roland and Thornqvist Nancy
Bought by
Levesque Ronald P and Levesque Donna
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Purchase Details
Closed on
Feb 28, 2005
Sold by
Devarennes Barbara W
Bought by
Thornqvist Roland and Thornqvist Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.68%
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | Levy Abstract And Title Co | |
| Warranty Deed | $165,000 | Attorney | |
| Warranty Deed | $165,000 | Norm D Fugate Pa | |
| Warranty Deed | $149,000 | Attorney | |
| Warranty Deed | $235,000 | Levy Abstract & Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $188,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $175,000 | -6.4% | $313 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $187,000 | +13.3% | $334 / Sq Ft |
| 04/27/2020 04/27/20 | Sold | $165,000 | 0.0% | $295 / Sq Ft |
| 03/28/2020 03/28/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $165,000 | +10.7% | $295 / Sq Ft |
| 03/02/2018 03/02/18 | Sold | $149,000 | -6.3% | $222 / Sq Ft |
| 01/31/2018 01/31/18 | Pending | -- | -- | -- |
| 06/27/2016 06/27/16 | For Sale | $159,000 | -- | $237 / 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 |
|---|---|---|---|---|
| 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 | $3,063 | $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
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 779596
APN: 17677-000-00
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