NOT LISTED FOR SALE

7071 G St Cedar Key, FL 32625

Estimated Value: $592,611 - $655,000

3 Beds
2 Baths
1,632 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $430,000 $263 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,184/month

33 Days on Market

Highlights

  • Floating Dock
  • Open Floorplan
  • Key West Architecture
  • Property fronts gulf or ocean
  • Deck
  • High Ceiling

About This Home

As of April 2021

This home is PARADISE! Look out over your patio railing at gorgeous panoramic gulf views from both stories of this beautiful island home! Great for entertaining, with THREE HUGE BEDROOMS, one of which is now a spacious waterfront den with wet bar. LOCATION is everything, and it doesn''t get better than WATERFRONT ON THE GULF! Spend a day having fun in the sun and come back to relax on one of your two balconies overlooking the water, or park your boat and relax on your shared dock! Walking distance to everything downtown! Immaculate interior! This home has never been rented and was only lived in on the weekends. Floor plan can provide TWO RENTAL PROPERTIES, an IN LAW SUITE, or great AIRBNB potential! Elevated and built to hurricane standards. Schedule a tour today!

Last Agent to Sell the Property

Doris Hellerman

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842 Listed on: 02/25/2021

Last Buyer's Agent

Chase Moses

Chase Moses & Associates, Inc. License #3601487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,321

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • Property fronts gulf or ocean
  • Landscaped
  • Rectangular Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Electric Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Brick Driveway
  • Open Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Floating Dock
  • Deck
  • Exterior Lighting

Location

  • In Flood Plain

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • City Of Cedar Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2068600000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,321

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 25 x 100
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Inclusions: Furniture And Furnishings Except Several Pieces Of Artwork
  • Subdivision Name: City Of Cedar Key
  • Directions: Driving from downtown Cedar Key, take 2nd Street west to G Street and turn right. The third house on your right will be 7071 G Street. The street number is on a piling half hidden behind foliage. The house is pale yellow. Look for the CEDAR KEY REALTY, INC. sign in front of the house.
  • Architectural Style: Key West
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 2006
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Washer - Top Load, Garbage Disposal, Dryer - Electric, Electric Range, Microwave Hood, Dishwasher, Electric Water Heater
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Walk-In Closet(s), Wet Bar, Corian Counter, Open Floorplan
  • Living Area: 1632
  • Window Features: Double Pane Windows, Thermal Glass Windows, Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Typical, Rectangular Lot, Landscaped, Flood Plain
  • Pool Features: None
  • Topography: Level
  • Waterfront Features: Floating Dock, Gulf Front
  • Waterfront: Yes
  • Construction Type: Other, HardiPlank Type
  • Exterior Features: Lighting, Dock
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Under House, Driveway, Brick, Private

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 2068600000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7321.15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 29, 2021
Sold by
Hembree Joe R and Joe H Hembree Revocable Trust
Bought by
Moses Amanda H and Logan Meagan L
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Chase Moses
Chase Moses & Associates, Inc.
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$633,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,653
Avg. Annual Appreciation
9.12%
Original Mortgage
$344,000
Outstanding Balance
$311,262
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$322,391

Purchase Details

Listed on
Apr 18, 2018
Closed on
Aug 22, 2018
Sold by
Macmillan Michael and Macmillan Catherine B
Bought by
Hembree Joe R and Joe R Hembree Revocable Trust
Seller's Agent
Betsy Pepine
PEPINE REALTY
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 24, 2018
Sold by
Macmillan Michael and Macmillan Catherine B
Bought by
Hembree Joe R and Joe E Hembree Revocable Trust
Seller's Agent
Betsy Pepine
PEPINE REALTY
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Purchase Details

Closed on
Jul 12, 2006
Sold by
Cedar Key Building & Development Inc
Bought by
Macmillan Michael and Macmillan Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
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
Moses Amanda H $430,000 Levy Abstract And Title Co
Hembree Joe R -- Attorney
Hembree Joe R -- Attorney
Hembree Joe R $375,000 Attorney
Macmillan Michael $650,000 Levy Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Amanda H $344,000
Previous Owner Macmillan Michael $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Off Market $375,000 -- --
04/30/2021 04/30/21 Sold $430,000 -3.4% $263 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $445,000 +18.7% $273 / Sq Ft
07/27/2018 07/27/18 Sold $375,000 -6.0% $230 / Sq Ft View Prior Sale
07/03/2018 07/03/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $399,000 -- $244 / 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 $9,736 $455,486 $144,000 $311,486
2023 $9,643 $426,250 $0 $0
2022 $8,582 $387,500 $144,000 $243,500
2021 $7,283 $331,084 $144,000 $187,084
2020 $7,321 $331,030 $0 $0
2019 $6,915 $319,356 $0 $0
2018 $6,038 $265,356 $0 $0
2017 $5,404 $235,025 $0 $0
2016 $5,505 $235,025 $0 $0
2015 -- $230,979 $0 $0
2014 -- $229,660 $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: 781489

APN: 21686-000-00