1007 Watson St Unit R Key West, FL 33040
Old Town NeighborhoodEstimated Value: $753,000 - $791,000
1
Bed
2
Baths
646
Sq Ft
$1,188/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- 3-minute walk to Higgs Beach Dog Park
- Balcony
- Privacy Fence
About This Home
As of September 2022Your Key West Tropical Island Tree House Escape awaits!! 'The Key West Tree House' is a cozy and comfortable home that will transition you from the hustle and bustle of civilization to the relaxing Historic District of Key West. This light-filled home offers all the fantasy of Key West and is hidden on a secret path in the charming streets of Old Town. Wake up each morning overlooking tropical treetops and enjoy coffee and the newspaper on the balcony, and in the evening, enjoy a backyard BBQ and cocktails on the patio, soaking in soft coastal breezes. It's the perfect recipe for your happy hour and relaxation in Key West. This completely and recently renovated home boasts 2 full baths, outdoor shower, and a kitchen with new appliances that's ready for your culinary creativity. Wood Beamed ceilings in the Bedroom add to the abundance of tropical charm. Air conditioning on each floor and ceiling fans throughout the house make tropical living comfortable. Centrally located in Old Town, the soul of Key West, where the activity of Duval Street and the beaches, are just moments away. Phenomenal Income producing opportunities present themselves as well. Come, open the French Doors, and let Island Time begin!
Last Listed By
American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 06/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,092
Year Built
- Built in 1980
Lot Details
- 710 Sq Ft Lot
- Privacy Fence
- Fenced
Home Design
- HardiePlank Siding
Interior Spaces
- 646 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Patio
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Gwynn Sub Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00033300-000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 10, 2024
Sold by
Salt Lorraine V
Bought by
Echelberry Chris E
Total Days on Market
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$263,518
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$460,316
Purchase Details
Listed on
Jun 11, 2022
Closed on
Sep 21, 2022
Sold by
William R Albury Revocable Trust
Bought by
Salt Lorraine V
Seller's Agent
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Joel Young
Keller Williams Realty Premier Properties
List Price
$849,000
Sold Price
$648,000
Premium/Discount to List
-$201,000
-23.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$615,600
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2015
Sold by
Albury William R
Bought by
Albury William R and William R Albury Revocable Trust
Purchase Details
Closed on
Oct 23, 2013
Sold by
Talley Stephen M and Hamilton Richard D
Bought by
Albury William R
Purchase Details
Closed on
Aug 9, 2010
Bought by
Albury William R Revocable Trust 2-12-2015
Purchase Details
Closed on
Aug 7, 2010
Sold by
Talley Stephen M and Hamilton Richard D
Bought by
Talley Stephen M and Hamilton Richard D
Purchase Details
Closed on
Aug 25, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Talley Stephen M and Hamilton Richard D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2009
Bought by
Albury William R Revocable Trust 2-12-2015
Purchase Details
Closed on
Jan 31, 2005
Sold by
Rodriguez Pablo
Bought by
Otten Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 2004
Sold by
Louisa Street Llc
Bought by
Rodriguez Pablo D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,360
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 6, 2004
Bought by
Albury William R Revocable Trust 2-12-2015
Purchase Details
Closed on
Aug 30, 2003
Sold by
Smith David L and Clark Gary W
Bought by
Crespo Desire Nicole
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Echelberry Chris E | $729,000 | None Listed On Document | |
| Salt Lorraine V | $648,000 | First International Title | |
| Albury William R | -- | None Available | |
| Albury William R | $361,000 | None Available | |
| Albury William R Revocable Trust 2-12-2015 | $100 | -- | |
| Talley Stephen M | -- | Attorney | |
| Talley Stephen M | $235,000 | Attorney | |
| Albury William R Revocable Trust 2-12-2015 | $21,000 | -- | |
| Otten Christopher | $545,000 | First American Title Ins Co | |
| Rodriguez Pablo D | $401,700 | True Title Agency Inc | |
| Louisa Street Llc | -- | True Title Agency Inc | |
| Albury William R Revocable Trust 2-12-2015 | $272,000 | -- | |
| Crespo Desire Nicole | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Echelberry Chris E | $265,000 | |
| Previous Owner | Salt Lorraine V | $615,600 | |
| Previous Owner | Talley Stephen M | $188,000 | |
| Previous Owner | Otten Christopher | $456,500 | |
| Previous Owner | Otten Christopher | $436,000 | |
| Previous Owner | Rodriguez Pablo D | $321,360 | |
| Closed | Rodriguez Pablo D | $80,000 | |
| Closed | Otten Christopher | $109,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2022 09/21/22 | Sold | $648,000 | -10.6% | $1,003 / Sq Ft |
| 07/08/2022 07/08/22 | Price Changed | $725,000 | -14.6% | $1,122 / Sq Ft |
| 06/11/2022 06/11/22 | For Sale | $849,000 | -- | $1,314 / 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 | $3,537 | $420,756 | -- | -- |
| 2023 | $3,537 | $408,501 | $0 | $0 |
| 2022 | $3,332 | $376,056 | $193,957 | $182,099 |
| 2021 | $3,093 | $304,355 | $144,664 | $159,691 |
| 2020 | $3,233 | $321,835 | $158,595 | $163,240 |
| 2019 | $3,082 | $302,167 | $156,409 | $145,758 |
| 2018 | $3,139 | $302,813 | $153,505 | $149,308 |
| 2017 | $3,204 | $304,609 | $0 | $0 |
| 2016 | $3,556 | $324,070 | $0 | $0 |
| 2015 | $3,420 | $300,743 | $0 | $0 |
| 2014 | $3,352 | $282,247 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mykael Marinelli
M
Seller's Agent in 2022
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
(305) 439-7730
3 in this area
51 Total Sales
-
Joel Young
Seller Co-Listing Agent in 2022
Joel Young
American Caribbean Real Estate, Christie's International Real Estate
(305) 432-6610
2 in this area
58 Total Sales
-
J
Buyer's Agent in 2022
JoelKELL Young
Realty Options of the Florida Keys
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 601375
APN: 00033300-000101
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