1005 Watson St Unit 2 Key West, FL 33040
Old Town Neighborhood
2
Beds
1
Bath
534
Sq Ft
4,966
Sq Ft Lot
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 2022Adorable 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
Truman & Co. (KW) License #681792 Listed on: 12/29/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,938
Year Built
- Built in 1933
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,271
Avg. Annual Appreciation
5.60%
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
7.45%
Original Mortgage
$230,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Similar Homes in Key West, FL
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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
Average Home Value in this Area
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
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
57 in this area
119 Total Sales
-
Paul D'Antoni
P
Buyer's Agent in 2022
Paul D'Antoni
Key West Sales, LLC
(305) 394-3305
2 in this area
6 Total Sales
-
Karen Lane
Seller's Agent in 2019
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 394-0858
20 in this area
60 Total Sales
-
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
16 in this area
35 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 598974
APN: 00033270-000102
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