NOT LISTED FOR SALE

725 3rd St Cedar Key, FL 32625

Estimated Value: $382,000 - $648,000

1 Bed
2 Baths
1,134 Sq Ft
$440/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $550,000 $485 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,341/month

173 Days on Market

Highlights

  • Airport or Runway
  • Wooded Lot
  • Furnished
  • Deck
  • Wood Flooring
  • 5-minute walk to Lil Shark Park

About This Home

As of June 2022

OLD CEDAR KEY HOME at the top of the 3rd Street hill, just a block from the market. 5-minute walk to the post office. NO FLOOD INSURANCE REQUIRED. Totally renovated 1951 cracker cottage with milled cypress interior, brick fireplace, covered front porch, open back deck and historic cistern/birdbath, PLUS 1994 Office/Guest Building with bathroom and covered front porch, PLUS a separate artist's studio with heavy-duty vertical metal siding, a stained glass window and a covered front patio. Buy and keep all three buildings for your own use as the current owners have done, or convert to separate rental properties for income. Just 1-1/2 blocks to the open waters of the Gulf of Mexico and stunning sunsets along G Street. Come see this pinnacle of Cedar Key paradise.

Last Agent to Sell the Property

Doris Hellerman

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842 Listed on: 11/11/2021

Last Buyer's Agent

Doris Hellerman

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK233842 Listed on: 11/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1951

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Additional Parcels
  • Historic Home

Home Design

  • Cracker Architecture
  • Split Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,134 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Raised Hearth
  • Brick Fireplace
  • Blinds
  • French Doors
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • Dirt Driveway
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Doors
  • No Carpet

Outdoor Features

  • Deck
  • Exterior Lighting
  • Office or Studio
  • Porch

Mobile Home

  • Pump House

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Window Unit Heating System
  • Water Filtration System
  • Liquid Propane Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0861700000

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • Cedar Key Subdivision
  • Airport or Runway

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,551

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1722
  • Lot Size: 75 x 100
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Inclusions: Furniture And Furnishings At The Buyer's Option
  • Subdivision Name: Cedar Key
  • Directions: Driving into Cedar Key on State Road 24, turn right at 3rd Street. Cross the intersection with E Street and go past the Church of Christ. This property is just past the church on your right. Look for the CEDAR KEY REALTY, INC., sign in the yard. SHOWN BY APPOINTMENT ONLY.
  • Architectural Style: Cracker
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Designated Historic
  • Year Built: 1951
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Refrigerator, Wine Refrigerator/Cooler, Microwave, Water Filter - Whole House, Dishwasher, Range Hood, Washer/Dryer Stacked, Gas Water Heater
  • Accessibility Features: Accessible Doors, Accessible Bedroom, Accessible Full Bath, Main Floor Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Fireplace Features: Brick, Wood Burning, Raised Hearth
  • Fireplace: Yes
  • Flooring: Wood, No Carpet, Hardwood, Tile, Concrete
  • Interior Amenities: Split Floor Plan, Ceiling Fan(s), Pantry
  • Living Area: 1134
  • Window Features: Blinds

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Interior Lot, Typical, Rectangular Lot, Multiple Lots, Landscaped, Wooded
  • Pool Features: None
  • Topography: Level,Steep
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding, Other
  • Exterior Features: Lighting
  • Foundation Details: Crawl Space, Slab, Stem Wall
  • Other Structures: Pump House, Separate Studio/Office
  • Patio And Porch Features: Open Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, Open, Dirt

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Units, Window Unit(s)
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet
  • Water Source: Metered, Public
  • Gas Company: LP-Bottle Gas

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Park, Airport/Runway, Playground, Sidewalks
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: Yes
  • Parcel #: 0861700000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2551.16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jun 2, 2022
Sold by
Ogrady Elizabeth P and Ogrady Jeffrey P
Bought by
Sellars Earl R and Sellars Susan M
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Doris Hellerman
Cedar Key Realty, Inc.
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Current Estimated Value
$498,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,358
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Feb 10, 2010
Sold by
Ogrady Elizabeth and Dwyer Jeffrey P
Bought by
Ogrady Elizabeth and Dwyer Jeffrey P
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
Sellars Earl R $550,000 None Listed On Document
Ogrady Elizabeth $72,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $550,000 -15.3% $485 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $649,000 -- $572 / 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 $8,228 $367,118 $132,000 $235,118
2023 $8,389 $359,036 $132,000 $227,036
2022 $2,862 $147,310 $0 $0
2021 $2,551 $143,019 $0 $0
2020 $2,522 $141,044 $0 $0
2019 $2,417 $137,873 $0 $0
2018 $2,417 $135,302 $0 $0
2017 $2,145 $132,519 $0 $0
2016 $2,141 $186,566 $0 $0
2015 $2,099 $184,353 $0 $0
2014 $2,092 $183,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Doris Hellerman

    Cedar Key Realty, Inc.

    (352) 210-1155

    83 Total Sales

    Doris Hellerman
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 783189

APN: 08617-000-00

Florida Levy County Cedar Key 32625

725 3rd St, Cedar Key, FL

This home is located at 725 3rd St, Cedar Key, FL 32625 since 11 November 2021 and is currently estimated at $498,642, approximately $439 per square foot. This property was built in 1951. 725 3rd St is a home located in Levy County with nearby schools including Cedar Key High School.

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