NOT LISTED FOR SALE

1007 Watson St Unit rear Key West, FL 33040

Old Town Neighborhood

Estimated Value: $687,000 - $789,268

1 Bed
2 Baths
646 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold June 10, 2024

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

Est. 3% increase in value since last sale

Current estimated payment $4,461/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 Listed By

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%
Total Days on Market
70
Views
85
Current Estimated Value
$747,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,817
Avg. Annual Appreciation
2.87%
Original Mortgage
$265,000
Outstanding Balance
$263,301
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$484,516

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

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 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
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

  • Section Image
See All Agents

Map

Similar Homes in Key West, FL

  • 340 Boundary Ln, Key West, FL 33040

    $824,000

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 340 Boundary Ln
    • Key West, FL

    Welcome to your tropical oasis on Geiger Key!This stunning brand-new construction seamlessly blends modern luxury with island charm, offering the ultimate Keys lifestyle. Step inside to discover a bright and airy open floor plan that effortlessly connects the living, dining, and kitchen areas--perfect for both relaxing and entertaining. The chef's kitchen is a standout feature, boasting stainless

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 1105 Watson St, Key West, FL 33040

    $925,000

    • 2 Beds
    • 2 Baths
    • 1,592 Sq Ft
    • 1105 Watson St
    • Key West, FL

    Nestled in Key West's Historic District, this two-story, 2-bedroom, 2-bathroom home sits on a small, manageable lot, offering a unique renovation opportunity. The property's classic architecture and historical charm are just waiting to be restored and personalized to your taste. With a bit of vision, this space can become the perfect island retreat or vacation rental.Though the lot is compact,

    Francesca Santiago Chavez Keller Williams Realty Professionals (KW)

    Section Image
  • 1222 Florida St, Key West, FL 33040

    $795,000

    • 1 Bed
    • 1 Bath
    • 805 Sq Ft
    • 1222 Florida St
    • Key West, FL

    Tucked away in the tranquil heart of Mid Town, this spacious one-bedroom concrete home offers both comfort and privacy. The open floor plan is filled with natural light, accentuating the warmth with brand new floors throughout. Step outside to a tropical retreat, where a serene deck area is enveloped by lush bamboo fencing, creating the perfect environment for relaxation or outdoor

    Derek Epperly Keys Atlantic Realty

    Section Image
  • 1422 Catherine St, Key West, FL 33040

    $875,000

    • 2 Beds
    • 2 Baths
    • 548 Sq Ft
    • 1422 Catherine St
    • Key West, FL

    Discover the perfect slice of paradise with this enchanting Key West cottage nestled in historic Old Town! This quaint property offers an unparalleled opportunity to own a single family residence and experience the essence of island living. With two structures on this lot, the potential is endless! Step inside the main home to discover a cozy living room/kitchen combination with bar top seating

    Bobby Coe RE/MAX Keys Connection (KW)

    Section Image
  • 609 1/2 Margaret St, Key West, FL 33040

    $895,000

    • 1 Bed
    • 2 Baths
    • 884 Sq Ft
    • 609 1/2 Margaret St
    • Key West, FL

    Great location in the heart of Old Town, just off Southard Street. This updated single family home features an open floor plan with living area, dining area and kitchen. The full bath on the first floor is updated and features a shower and the washer/dryer. The open staircase has a high ceiling and leads to the bedroom and full bath on the second floor. Enjoy a peaceful wraparound-covered porch

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 1704 Duncan St, Key West, FL 33040

    $799,000

    • 3 Beds
    • 1 Bath
    • 1,154 Sq Ft
    • 1704 Duncan St
    • Key West, FL

    Introducing 1704 Duncan Street, a delightful 3-bedroom, 1-bathroom home located in the desirable Newtown Key West neighborhood. This property features a generously sized backyard, ideal for outdoor enjoyment, along with a separate storage and laundry room for added convenience. The home is currently tenant-occupied; kindly allow 24 hours' notice for showings.

    Justyn Ewald Expert Realty LLC (HQ)

    Section Image
  • 1102 Whitehead St, Key West, FL 33040

    $799,999

    • 2 Beds
    • 1 Bath
    • 1,057 Sq Ft
    • 1102 Whitehead St
    • Key West, FL

    Location, Location, Location! A renovation project that will increase the value of your investment exponentially! This home is located between the Southernmost Point and the Hemingway House in the world-renowned City of Key West Florida. Besides the excellent location, this home has concrete fences, a concrete gated entry from Whitehead Street, a nice sized rear deck/patio, front sitting/garden

    Margarita Villoch Island Group Realty (KW)

    Section Image
  • 304 Amelia St, Key West, FL 33040

    $749,000

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft
    • 304 Amelia St
    • Key West, FL

    Location! Location! in the Bahama Village district of Old Town Key West this property offers a wonderful opportunity to be renovated. This 3 bed 1 bath home sits on a 1996 square foot lot near shops, restaurants and the community pool. This is an historic contributing property allowing you to bring it back to life while maintaining its rich history and adding your touches. Whether you are

    Marilyn Wilbarger Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 900 Thomas St, Key West, FL 33040

    $799,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • 900 Thomas St
    • Key West, FL

    Nestled in the ''X'' flood zone of Old Town Key West, this charming one level, two bedroom and one bathroom home offers the perfect blend of historic character and modern convenience. Featuring classic island architecture, the property boasts a spacious open floor plan, high ceilings, and beautiful hardwood floors throughout. Located mere steps from Key West's vibrant downtown, renowned

    Jimmy Lane Island Life Realty Experts

    Section Image

Source: Key West Association of REALTORS®

MLS Number: 608916

Key West Association of REALTORS®

APN: 00033300-000101