NOT LISTED FOR SALE

1007 Watson St Unit rear Key West, FL 33040

Old Town Neighborhood

Estimated Value: $543,000 - $765,000

1 Bed
2 Baths
646 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $729,000 $1,128 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,959/month

70 Days on Market

About This Home

As of June 2024

NEW LISTING! Beautiful two-story home, this Tropical Tree House is situated in the heart of Old Town. This home provides both privacy and tranquility. Nestled back from the street, it is enveloped by lush tropical surroundings and a privacy fence. Experience the best of indoor and outdoor living in this charming abode with patio for dining and relaxing, outdoor shower, and large covered balcony from the second floor with tree top views of paradise. Home features two newly renovated bathrooms, indoor laundry, new flooring, and more! Main level is light filled and opens to the patio area with room for grilling and entertaining. Upper level boasts a spacious primary bedroom with extra high wood beamed ceilings, renovated full bath, generously sized closet, storage, and private balcony space. Ductless Central AC. This is a rare find in Old Town, private and detached property with no condo or HOA fees! Perfect for pets with the fenced yard. Plenty of room to add a hot tub and ample storage space in the shed. Close to Duval Street, dining, shopping, and galleries. Desired X Flood Zone!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 02/27/2024

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 02/27/2024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,537

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3536.76
  • Title: Negotiable
  • Year Built: 1980
  • Alternate Key Number: 9009562
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 710.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Info Condo Docs: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 646.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Hardi Board Siding
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033300-000101
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished, Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 10, 2024
Sold by
Salt Lorraine V
Bought by
Echelberry Chris E
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$849,000
Sold Price
$729,000
Premium/Discount to List
-$120,000
-14.13%
Views
85
Current Estimated Value
$693,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,155
Avg. Annual Appreciation
-3.79%
Original Mortgage
$265,000
Outstanding Balance
$261,746
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$432,099

Purchase Details

Closed on
Sep 21, 2022
Sold by
William R Albury Revocable Trust
Bought by
Salt Lorraine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

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Average Value
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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
Echelberry Chris E $729,000 None Listed On Document
Salt Lorraine V $648,000 First International Title
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
06/10/2024 06/10/24 Sold $729,000 -2.7% $1,128 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/06/2024 04/06/24 Price Changed $749,000 -6.3% $1,159 / Sq Ft
03/19/2024 03/19/24 Price Changed $799,000 -5.9% $1,237 / Sq Ft
02/27/2024 02/27/24 For Sale $849,000 -- $1,314 / Sq Ft
Source: Key West Association 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 $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

  • Bascom Grooms

    Seller's Agent in 2024

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    66 in this area

    318 Total Sales

    Bascom Grooms
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Map

Source: Key West Association of REALTORS®

MLS Number: 608916

Key West Association of REALTORS®

APN: 00033300-000101

Florida Monroe County Key West 33040 Old Town

1007 Watson St Unit rear, Key West, FL

This home is located at 1007 Watson St Unit rear, Key West, FL 33040 since 27 February 2024 and is currently estimated at $693,845, approximately $1,074 per square foot. This property was built in 1980. 1007 Watson St Unit rear 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.

Key West Association 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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