NOT LISTED FOR SALE

850 3rd St Unit 1 Cedar Key, FL 32625

Estimated Value: $296,744 - $369,000

3 Beds
2.5 Baths
1,120 Sq Ft
$300/mo HOA Fee

Last Sold April 01, 2019

Last sale price $205,000 $183 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,495/month

309 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • High Ceiling
  • Open Floorplan
  • Wooded Lot
  • Covered patio or porch

About This Home

As of April 2019

WOW! A gorgeous open Gulf of Mexico sunset view is waiting for you! This water front condo has plenty of room for a crowd--two large bedrooms, two loft areas, and an additional downstairs room with a half bath, ready to be set up as another. Store your car and golf cart in the newly renovated garage and take your seat on the extended wrap-around porch this end unit provides. Sky high ceilings in the open floor plan area--along with the end unit's extra wall of glass--make you feel as if you're out on the shoreline you're viewing. With the possibility of bedrooms and baths on all three levels, you'll never feel crowded here. But be prepared--your friends will definitely want to visit your new island home! Bring a boat--there's room!

Last Listed By

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 04/26/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1981

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a county road
  • Landscaped
  • Wooded Lot
  • Additional Parcels

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Electric Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Tub

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1727700000

Community Details

Overview

  • Tres Palmas Condos Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,672

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street, County Road, Maintained
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: Ceiling Fans, Appliances, Smoke Detectors And Most Of Furniture Are Included.
  • Subdivision Name: Tres Palmas Condos
  • Directions: From SR 24 and 2nd Street in Cedar Key, head up the hill on 2nd Street. Follow 2nd Street until you reach the Gulf of Mexico. Turn right onto G Street, and Tres Palmas Condominiums begin halfway down the block on the right. Look for the CEDAR KEY REALTY, INC. sign. The unit is #1, the end unit on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built: 1981
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Washer, Refrigerator, Garbage Disposal, Electric Range, Microwave Hood, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Laminate Counters, Open Floorplan, Ceiling Fan(s), Breakfast Bar
  • Living Area: 1120
  • Window Features: Single Pane, Blinds

Exterior Features

  • Lot Features: Other, Multiple Lots, Wooded, Partially Landscaped
  • Pool Features: None
  • Topography: Level
  • Waterfront Features: None, Gulf Front
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Loft, Lighting
  • Patio And Porch Features: Covered, Porch, Open Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Driveway, Other, Gravel, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Sink, In Garage, Laundry Tub
  • 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

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 1727700000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2672.34
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Apr 1, 2019
Sold by
Vetovitz William H and Vetovitz Johanna L
Bought by
Kelly Anna C and Burke David F
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
Buyer's Agent
Doris Hellerman
Cedar Key Realty, Inc.
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Total Days on Market
309
Current Estimated Value
$339,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,686
Avg. Annual Appreciation
8.60%
Original Mortgage
$143,500
Outstanding Balance
$63,628
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$276,058

Purchase Details

Closed on
Jun 15, 2001
Sold by
Dattilo Joseph A and Dattilo Patricia B
Bought by
Vetovitz William H

Range of Values:

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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
Kelly Anna C $205,000 Attorney
Vetovitz William H $165,000 Levy Abstract & Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Anna C $143,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $205,000 -6.4% $183 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
04/26/2018 04/26/18 For Sale $219,000 -- $196 / 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 $3,748 $206,876 -- --
2023 $3,473 $200,850 $0 $0
2022 $3,570 $195,000 $1 $194,999
2021 $3,755 $170,000 $1 $169,999
2020 $3,775 $170,000 $0 $0
2019 $2,637 $159,219 $0 $0
2018 $2,644 $156,250 $0 $0
2017 $2,672 $156,250 $0 $0
2016 $2,740 $156,250 $0 $0
2015 $2,705 $156,250 $0 $0
2014 $2,727 $156,250 $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: 775674

APN: 17277-000-00