$422,000
SOLD MAY 3, 2019

1005 Watson St Unit 2 Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
534 Sq Ft
$299/mo HOA Fee

Recently Sold

$790 Per Sq Ft

15% Below List Price

151 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Shutters
  • Cathedral Ceiling
  • Granite Countertops
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of March 2022

Delightful Old Town Condo with two bedrooms and off-street parking! Living is easy in this ready-to-move-in charmer that is part of a small, 2-owner condo association. Warm woods, high ceilings, updated kitchen and bath, and light-filled rooms with French doors opening to several outdoor seating areas, including a secluded patio area bring the outdoors inside. This property has been lovingly maintained, including new Washer/Dryer in 2019, central A/C in 2017 and new decking/stairs in 2018. Spacious enough for full-time living and also perfect as a part-time, pied-a-terre you will love being centrally located with just a short stroll or bike ride to Duval Street, the White Street Gallery District, the beaches and the Historic Seaport. X flood zone too! Cash buyers can avoid monthly fee.

Last Agent to Sell the Property

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559 Listed on: 11/12/2018

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Theo Glorie

Bicoastal Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1933 | Remodeled

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 534 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00033270-000102

Community Details

Overview

  • Association fees include building insurance
  • Gwynn Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,219

Year Built

Built in 1933 | Remodeled

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 299.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2219.33
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 9081481
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Deck, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 534.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Floor: Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

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: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

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
$770,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,707
Avg. Annual Appreciation
5.76%
Original Mortgage
$666,328
Outstanding Balance
$632,544
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$138,163

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
7.52%
Original Mortgage
$230,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Key West, FL

  • 1014 Varela St Unit 3, Key West, FL 33040

    $399,000

    • 1 Bed
    • 1 Bath
    • 308 Sq Ft
    • 1014 Varela St
    • Unit 3
    • Key West, FL

    Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment

    Letisia Powell Robert Slack LLC

    Section Image
  • 1124 Catherine St Unit 201, Key West, FL 33040

    $489,000

    • 1 Bed
    • 1 Bath
    • 454 Sq Ft
    • 1124 Catherine St
    • Unit 201
    • Key West, FL

    Charming 1-bedroom, 1-bathroom condo offering 454 square feet of living space. The condo boasts an open floor plan with hurricanes rated windows, one assigned parking spot and also located in the X Flood Zone. The property is just few a few blocks from vibrant Duval Street, known for entertainment and dining options and additionally, it's within walking distance to the dog park, beaches, wildlife

    Team Spottswood/Vazquez Truman & Co. (KW)

    Section Image
  • 3312 Northside Dr Unit 407, Key West, FL 33040

    $453,000

    • 2 Beds
    • 2 Baths
    • 696 Sq Ft
    • 3312 Northside Dr
    • Unit 407
    • Key West, FL

    First time on the market since 1982. Santa clara condo building has been totally renovated with its 40 year inspection completed with no assesments to worry about This 2 bedroom 2 bath has all the updates and has tenants until 12/31/2025 paying $ 3100 per month . The tenants would like to stay . Need at least 24 hrs to show . Owners are license realtors

    Louis Condos Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 3312 Northside Dr Unit 305, Key West, FL 33040

    $355,000

    • 1 Bed
    • 1 Bath
    • 528 Sq Ft
    • 3312 Northside Dr
    • Unit 305
    • Key West, FL

    Welcome to Santa Clara--a centrally located, well-maintained community in the heart of Key West. This one-bedroom, one-bathroom unit offers serene views overlooking the sparkling 50' heated pool and tennis courts, creating a peaceful and inviting atmosphere.Inside a solid concrete building equipped with an emergency back-up generator, this residence combines convenience and peace of mind. Enjoy

    Jaime Caballero Key West Vacation Properties & Realty, LLC (KW)

    Section Image
  • 3312 Northside Dr Unit 707, Key West, FL 33040

    $519,000

    • 2 Beds
    • 2 Baths
    • 696 Sq Ft
    • 3312 Northside Dr
    • Unit 707
    • Key West, FL

    Stunning Renovated 2-Bedroom Condo with Panoramic Ocean Views - Key West, FLWelcome to your slice of paradise! This beautifully renovated 2-bedroom, 2-bath condo on the 7th floor offers breathtaking, unobstructed ocean views and the best of island living in Key West.Step inside to find a bright and airy open-concept living space, complete with modern finishes, sleek tile flooring, and expansive

    Terrance Sullivan Ocean Sotheby's International Realty

    Section Image
  • 3312 Northside Dr Unit 316, Key West, FL 33040

    $459,900

    • 2 Beds
    • 2 Baths
    • 696 Sq Ft
    • 3312 Northside Dr
    • Unit 316
    • Key West, FL

    Experience island living at its finest in this beautiful 2-bedroom, 2-bathroom condo located on the third floor in a secure, gated community in Key West. Enjoy breathtaking views from your private balcony, perfect for watching sunsets or simply relaxing while soaking in the island atmosphere.This well-maintained unit features spacious living areas with plenty of natural light, offering both

    Marc Spivey Keller Williams Key West Compass Realty

    Section Image
  • 3312 Northside Dr Unit 405, Key West, FL 33040

    $394,000

    • 1 Bed
    • 1 Bath
    • 528 Sq Ft
    • 3312 Northside Dr
    • Unit 405
    • Key West, FL

    Excellent investment! Own in Key West under 400k. This one bed one bath condo is conveniently located in a shopping area with easy access to Duval and US 1. It is one of the few gated communities in Key West. You have ample parking, storage, pool, tennis courts, laundry, on site management, etc. The unit has new flooring, new AC unit, new electrical panel, updated kitchen, new appliances, even

    Karen Angle Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 3312 Northside Dr Unit 607, Key West, FL 33040

    $499,999

    • 2 Beds
    • 1 Bath
    • 696 Sq Ft
    • 3312 Northside Dr
    • Unit 607
    • Key West, FL

    2 BEDROOMS 2 BATHROOMS WITH BALCONY, GATED COMMUNITY, HUGE POOL, TENNIS COURT ,PLENTY OF PARKING AND WALKING DISTANCE OF SHOPPING, GROCERIES, RESTAURANTS AND MOVIE THEATRE.

    Bigya Niroula (Rihanna) eXp Realty LLC KW Branch

    Section Image
  • 3314 Northside Dr Unit 31, Key West, FL 33040

    $474,900

    • 2 Beds
    • 2 Baths
    • 920 Sq Ft
    • 3314 Northside Dr
    • Unit 31
    • Key West, FL

    Here is your opportunity to own a well maintained condo in Solana Village. This clean and updated 2 bedroom and 2 bathroom is a single level unit, all rooms are located on the same floor. Features include newly installed central air conditioner, ceiling fans, ALL new Samsung appliances; kitchen appliances are stainless steel and washer and dryer are full sized front loaders. Covered parking for 2

    Monique Thiel Sunshine State Realty Services

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $640,000 Closing Department Inc
Warranty Deed $422,000 None Listed On Document
Warranty Deed $422,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $326,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $666,328 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $230,000 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582764

Florida Keys Board of REALTORS®

APN: 00033270-000102