NOT LISTED FOR SALE

850 3rd St Unit 5 Cedar Key, FL 32625

Estimated Value: $297,000 - $377,000

3 Beds
3 Baths
1,120 Sq Ft
$33/ mo HOA Fee

Last Sold April 30, 2020

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

Est. 77% increase in value since last sale

Current estimated payment $2,182/month

231 Days on Market

Highlights

  • Waterfront
  • High Ceiling
  • 1 Car Attached Garage
  • Contemporary Architecture
  • Porch
  • Cooling Available

About This Home

As of April 2020

Welcome to the Gulf of Mexico! This beautifully welcoming water front condo with panoramic Gulf view is one to see! It's an end unit, so it has an extra wall of glass to let the Florida sunshine in! The open floor plan great room, with sky-high cathedral ceiling and two walls of glass, makes you feel like you are living on the beach! And if three bedrooms aren't enough, there are also two lofts that could be used as additional sleeping areas--or for a fun place for little ones to play. At the edge of the Historic District, this great condo is just a couple of blocks walk to the downtown shops, restaurants, market, library, park and Dock Street fun! Love the saltwater? Kayak, fish, boat, and island-hop away in the surrounding waters!

Last Agent to Sell the Property

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 08/12/2019

Last Buyer's Agent

Angie Beckham

Cedar Key Realty, Inc. License #SL3430097

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • Landscaped
  • Additional Parcels

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vertical Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Pass Thru Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Electric Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1728100000

Community Details

Overview

  • Tres Palmas Condos Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 1981

Lot Details

2,483 Sq Ft Lot

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: None
  • Subdivision Name: Tres Palmas Condos
  • Directions: From SR 24 and 2nd Street in Cedar Key, turn west on 2nd and follow it until it ends at the Gulf of Mexico and G Street. Turn right on G Street, and drive along the water's edge one block to 3rd Street. Tres Palmas Condos are on the right at the intersection. Unit 5 is on the end. Look for the CEDAR KEY REALTY, INC. sign.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 1981
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Garbage Disposal, Electric Range, Dishwasher, Washer - Top Load, Microwave Hood, Refrigerator, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: High Ceilings, Laminate Counters, Pass thru Counter, Ceiling Fan(s), Verticals, Breakfast Bar
  • Living Area: 1120
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Lot Features: Multiple Lots, Partially Landscaped
  • Pool Features: None
  • Topography: Level
  • Waterfront Features: None
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Open, Gravel
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Garage
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 1728100000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3599.91
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Adams Sandra E
Bought by
Adams Charles W
Current Estimated Value
$362,814

Purchase Details

Listed on
Aug 12, 2019
Closed on
Apr 28, 2020
Sold by
Mckay Niccie L
Bought by
Adams Charles W and Adams Sadra E
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
Buyer's Agent
Angie Beckham
Cedar Key Realty, Inc.
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Mullins A L and Rodgers Lee Michelle
Bought by
Mckay Niccie L

Purchase Details

Closed on
Jun 9, 2004
Sold by
Garner Rose M
Bought by
Mullins A L and Rodgers Lee Michelle

Purchase Details

Closed on
Feb 20, 2004
Sold by
Beckham Mike and Beckham Melinda
Bought by
Beckham Mike and Beckham Melinda
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Adams Charles W -- Norm D Fugate Pa
Adams Charles W $205,000 Attorney
Adams Charles W $205,000 None Listed On Document
Adams Charles W $205,000 None Listed On Document
Mckay Niccie L $225,000 Levy Abstract & Title Compan
Mullins A L $222,000 --
Beckham Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Charles W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $205,000 -14.2% $183 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
08/12/2019 08/12/19 For Sale $239,000 -- $213 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

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
2025 $2,893 $162,500 $1 $162,499
2024 $2,893 $185,764 -- --
2023 $2,578 $180,353 $0 $0
2022 $2,695 $175,100 $0 $0
2021 $2,380 $170,000 $1 $169,999
2020 $3,775 $170,000 $0 $0
2019 $3,800 $170,000 $0 $0
2018 $3,600 $156,250 $0 $0
2017 $3,633 $156,250 $0 $0
2016 $3,708 $156,250 $0 $0
2015 $3,644 $156,250 $0 $0
2014 $3,675 $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: 778496

APN: 17281-000-00

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