NOT LISTED FOR SALE

550 1st St Unit U211 Cedar Key, FL 32625

Estimated Value: $188,000 - $312,000

1 Bed
1 Bath
560 Sq Ft
$133/mo HOA Fee

Last Sold August 14, 2015

Last sale price $138,000 $246 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,837/month

7 Days on Market

Highlights

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

About This Home

As of August 2015

**UNDER CONTRACT** Beautifully updated condo unit at desirable Island Place features full Gulf views and island breezes. Granite countertops highlight a new kitchen with custom pendant lighting and upgraded cabinetry. Open Gulf views include Atsena Otie in the distance and plenty of wildlife. One block from downtown shopping and restaurants. This condo could be your new respite!

Last Agent to Sell the Property

Caryn Stephenson

Pelican Realty Brokerage Phone: 3525435581 License #3232198 Listed on: 08/06/2015

Last Buyer's Agent

Caryn Stephenson

Pelican Realty Brokerage Phone: 3525435581 License #3232198 Listed on: 08/06/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Landscaped
  • Wooded Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 560 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Carpet
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • In Ground Spa
  • Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1767800000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,874

Year Built

Built in 1982

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: All Furnishings As Shown Except Master Bed.
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: State Road 24 to stop sign. Go straight through the intersection. At the next stop sign, turn Left on 1st Street. Island Place condos are immediately on your Right. No PELICAN REALTY sign per condo rules.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 3525435581
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors, Other Windows/Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Breakfast Bar, Other, Open Floorplan, Ceiling Fan(s)
  • Living Area: 560
  • Window Features: Other Windows/Doors, Window Treatments

Exterior Features

  • Lot Features: Other, Landscaped, Wooded
  • Pool Features: In Ground, Fenced
  • Topography: Level
  • Waterfront Features: Other
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Other, None, Asphalt

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1767800000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1873.6
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Ray H Ford And Dolores A Ford Revocable
Bought by
Beauchamp Jeffrey D and Beauchamp Raquel
Current Estimated Value
$250,833

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 14, 2015
Sold by
Griffin James B and Griffin Living Trust
Bought by
Ray H Ford & Dolores A Ford Living Trust
Seller's Agent
Caryn Stephenson
Pelican Realty
Buyer's Agent
Caryn Stephenson
Pelican Realty
List Price
$149,000
Sold Price
$138,000
Premium/Discount to List
-$11,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Sep 6, 2013
Sold by
Wyrosdick Patricia K and Thibodeau Patricia K
Bought by
Griffin James B and Griffin Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Beauchamp Jeffrey D $260,000 New Title Company Name
Ray H Ford & Dolores A Ford Living Trust $138,000 Levy Abstract & Title Co
Griffin James B $95,000 Levy Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin James B $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $138,000 -7.4% $246 / Sq Ft
08/06/2015 08/06/15 For Sale $149,000 -- $266 / 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 $4,428 $212,500 $1 $212,499
2023 $4,637 $212,500 $1 $212,499
2022 $3,435 $170,000 $1 $169,999
2021 $3,164 $147,999 $1 $147,998
2020 $2,921 $136,999 $0 $0
2019 $2,673 $123,999 $0 $0
2018 $1,915 $80,625 $0 $0
2017 $1,932 $80,625 $0 $0
2016 $2,596 $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

  • Caryn Stephenson

    Seller's Agent in 2015

    Caryn Stephenson

    Pelican Realty

    (352) 228-0420

    70 Total Sales

    Caryn Stephenson
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 770521

APN: 17678-000-00

Florida Levy County Cedar Key 32625

550 1st St Unit U211, Cedar Key, FL

This home is located at 550 1st St Unit U211, Cedar Key, FL 32625 since 06 August 2015 and is currently estimated at $250,833, approximately $447 per square foot. This property was built in 1982. 550 1st St Unit U211 is a home located in Levy County with nearby schools including Cedar Key High School.

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