NOT LISTED FOR SALE

1005 Watson St Unit 2 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $738,590 - $804,000

2 Beds
1 Bath
534 Sq Ft
4,966 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $640,000 $1,199 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,463/month

6 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Central Air
  • Key West Architecture
  • No HOA
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of March 2022

Adorable Old Town condo situated on the 2nd floor of a beautifully restored historic conch home. All you really need to make a slice of paradise your own with two private outdoor areas, off street parking, a quiet central location to walk or bike to the beach, Duval Street or White Street District. Offered turnkey furnished and professionally managed with bookings to convey for immediate income opportunity. Only two units in association with low annual dues to cover building insurance.Multiple offers submitted. Please submit highest and best by 5:00 p.m. 1/2/22. Condo fee includes insurance costs only. Insurance costs/condo fee available 1/3/22.

Last Agent to Sell the Property

Wendy Zintsmaster

Truman & Co. (KW) License #681792 Listed on: 12/29/2021

Last Buyer's Agent

Paul D'Antoni

Key West Sales, LLC License #3215859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1933

Lot Details

  • 4,966

Home Design

  • 534 Sq Ft Home
  • Key West Architecture
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00033270-000102

Community Details

Overview

  • No Home Owners Association
  • Association fees include building insurance
  • Gwynn Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,938

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3937.95
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 9081481
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Porch Balcony: Deck
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 534.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033270-000102
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Mar 1, 2022
Sold by
Washok Bernard M and Washok Michele M
Bought by
Waits Oakleigh
Seller's Agent
Wendy Zintsmaster
Truman & Co. (KW)
Buyer's Agent
Paul D'Antoni
Key West Sales, LLC
List Price
$575,000
Sold Price
$640,000
Premium/Discount to List
$65,000
11.3%
Current Estimated Value
$765,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,898
Avg. Annual Appreciation
5.24%
Original Mortgage
$666,328
Outstanding Balance
$629,586
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$138,113

Purchase Details

Listed on
Nov 12, 2018
Closed on
May 7, 2019
Sold by
Frost Jeff R
Bought by
Washok Bernard M and Washok Michele M
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$499,000
Sold Price
$422,000
Premium/Discount to List
-$77,000
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%

Purchase Details

Listed on
Nov 12, 2018
Closed on
May 3, 2019
Sold by
Frost Jeff R and The Frost & Messing Trust
Bought by
Washok Bernard M and Washok Michele M
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$499,000
Sold Price
$422,000
Premium/Discount to List
-$77,000
-15.43%

Purchase Details

Closed on
May 14, 2014
Sold by
Frost Jeff R and Messing Dawn M
Bought by
The Frost & Messing Trust and Messing Dawn M

Purchase Details

Listed on
Mar 11, 2013
Closed on
Aug 11, 2013
Bought by
Frost And Messing Trust 11/5/2012
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$349,000
Sold Price
$326,000
Premium/Discount to List
-$23,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$230,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

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
Waits Oakleigh $640,000 Closing Department Inc
Washok Bernard M $422,000 None Listed On Document
Washok Bernard M $422,000 None Listed On Document
The Frost & Messing Trust -- None Available
Frost And Messing Trust 11/5/2012 $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waits Oakleigh $666,328
Previous Owner Frost Jeff R $100,000
Previous Owner Frost Jeff R $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $640,000 +11.3% $1,199 / Sq Ft
12/29/2021 12/29/21 For Sale $575,000 +36.3% $1,077 / Sq Ft
05/03/2019 05/03/19 Sold $422,000 -15.4% $790 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $499,000 +53.1% $934 / Sq Ft
08/13/2013 08/13/13 Sold $326,000 -6.6% $610 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $349,000 -- $654 / Sq Ft
Source: Florida Keys 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 $5,021 $603,587 -- --
2023 $5,021 $586,007 $0 $586,007
2022 $4,145 $500,156 $0 $500,156
2021 $3,938 $434,060 $0 $434,060
2020 $3,446 $346,291 $0 $346,291
2019 $3,573 $357,843 $357,843 $0
2018 $2,645 $288,736 $0 $0
2017 $2,630 $282,798 $0 $0
2016 $2,700 $276,982 $0 $0
2015 $2,754 $275,057 $0 $0
2014 $2,825 $272,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Zintsmaster

    Seller's Agent in 2022

    Wendy Zintsmaster

    Truman & Co. (KW)

    (305) 295-9317

    56 in this area

    113 Total Sales

    Wendy Zintsmaster
    Section Image

  • P

    Buyer's Agent in 2022

    Paul D'Antoni

    Key West Sales, LLC

    (305) 394-3305

    2 in this area

    6 Total Sales

    Paul D'Antoni
    Section Image
  • Karen Lane

    Seller's Agent in 2019

    Karen Lane

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-0858

    20 in this area

    56 Total Sales

    Karen Lane
    Section Image

  • T

    Buyer's Agent in 2019

    Theo Glorie

    Bicoastal Realty

  • J

    Seller's Agent in 2013

    Jeffrey Dunaway

    Key West Realty, LLC (KW)

    (305) 294-3064

    14 in this area

    33 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598974

Florida Keys Board of REALTORS®

APN: 00033270-000102

Florida Monroe County Key West 33040 Old Town

1005 Watson St Unit 2, Key West, FL

This home is located at 1005 Watson St Unit 2, Key West, FL 33040 since 29 December 2021 and is currently estimated at $765,898, approximately $1,434 per square foot. This property was built in 1933. 1005 Watson St Unit 2 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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