NOT LISTED FOR SALE

7041 Depot St Unit B-201 Cedar Key, FL 32625

Estimated Value: $327,802 - $391,000

2 Beds
2 Baths
1,080 Sq Ft
$575/mo HOA Fee

Last Sold October 04, 2019

Last sale price $220,000 $204 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,885/month

253 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Open Floorplan
  • Property fronts gulf or ocean
  • Views of Pier
  • Key West Architecture

About This Home

As of October 2019

Check out this beautifully furnished seaside home-away-from-home! This two-bedroom, two-bath Nature's Landing condo has room for you to spread out and relax. The open floor plan is terrific for entertaining--but you'll want to include time on the water front porch, overlooking the quiet salt marsh and its wildlife. Relax in the swimming pool, unwind in the hot tub, fish off the dock. Downtown historic Cedar Key is just a few steps away, with restaurants, shops, museum and art center. City Park and its beach and playground are just a block away! At 1,080 square feet this could be a full-time residence, or you can put it in a rental program and let it pay for itself! Just painted and tastefully decorated, this could be just the one for you!

Last Listed By

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 12/24/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 2002

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Level Lot
  • Additional Parcels

HOA Fees

  • $575 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,080 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Ceiling Fan
  • Decorative Lighting
  • Double Pane Windows
  • Blinds
  • Luxury Vinyl Plank Tile Flooring
  • Views of a pier

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Docks
  • Porch

Location

  • In Flood Plain

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 214962010B

Community Details

Overview

  • Natures Landing Condos Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,084

Year Built

Built in 2002

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: Furnishings As Shown
  • Subdivision Name: Natures Landing Condos
  • Directions: From SR 24 and 2nd Street, turn left on 2nd Street, and go four blocks to Depot Street. Turn left on Depot Street, and Nature's Landing is at the end on the right. There is no CEDAR KEY REALTY, INC. sign due to condo regulations.
  • Architectural Style: Key West
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built: 2002
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Dishwasher, Refrigerator, Garbage Disposal, Dryer, Electric Range, Microwave Hood, Electric Water Heater
  • Accessibility Features: Accessible Elevator Installed, Level Flooring, Main Floor Laundry, Accessible Bedroom, Accessible Full Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Luxury Vinyl Planking
  • Interior Amenities: Laminate Counters, Open Floorplan, Ceiling Fan(s), Decorative Lights, Elevator, Walk-In Closet(s), Breakfast Bar, Wired for Data
  • Living Area: 1080
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Lot Features: Other, Oversize, Multiple Lots, Landscaped, Flood Plain
  • Pool Features: Fenced, In Ground
  • Topography: Level
  • Waterfront Features: Boardwalk, Pier, Gulf Front
  • Waterfront: Yes
  • Disclosures: HOA Disclosure, Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Dock
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, Gravel, Shared Driveway

Utilities

  • Laundry Features: Main Level, Laundry Closet
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Community Pool, Street Lights, Curbs, Restrictive Covenants
  • Association Fee: 575
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 214962010B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4084.44
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2018
Closed on
Oct 2, 2019
Sold by
Martinez David and Aenchbacher Amy
Bought by
Webb Jeffrey Gerard and Webb Jennifer Ann
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$232,000
Sold Price
$220,000
Premium/Discount to List
-$12,000
-5.17%
Total Days on Market
253
Current Estimated Value
$361,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,951
Avg. Annual Appreciation
9.33%

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 20, 2017
Sold by
Bragg Kenneth G and Bragg Carol A
Bought by
Martinez David M and Aenchbacher Amy L
Seller's Agent
Pamela McCormick
McCormick Management & Realty
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$235,000
Sold Price
$184,000
Premium/Discount to List
-$51,000
-21.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$114,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Webb Jeffrey Gerard $220,000 Attorney
Martinez David M $184,000 Levy Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez David M $114,000
Previous Owner Bragg Kenneth G $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $220,000 -5.2% $204 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
12/24/2018 12/24/18 For Sale $232,000 +26.1% $215 / Sq Ft
10/20/2017 10/20/17 Sold $184,000 -21.7% $170 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
04/24/2014 04/24/14 For Sale $235,000 -- $218 / 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 -- $213,956 -- --
2023 $3,512 $207,724 $0 $0
2022 $3,335 $201,674 $0 $0
2021 $3,283 $195,800 $1 $195,799
2020 $3,303 $195,800 $0 $0
2019 $4,359 $195,800 $0 $0
2018 $4,084 $178,000 $0 $0
2017 $4,122 $178,000 $0 $0
2016 $4,204 $178,000 $0 $0
2015 $3,772 $162,000 $0 $0
2014 $3,805 $162,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 776961

APN: 21496-201-0B