1007 Watson St Key West, FL 33040
Old Town Neighborhood
2
Beds
1
Bath
1,116
Sq Ft
1,611
Sq Ft Lot
Highlights
- Key West Architecture
- No HOA
- 3-minute walk to Higgs Beach Dog Park
About This Home
As of September 2022ANOTHER PRICE DROP! Very motivated sellers. Live in your Conch Cottage while you renovate! Currently the front and second 1/2 story are gutted down to the studs. In the back of the house is a living area with kitchen, bath and bed area. This home could easily be a 3br 2 bath classic key West home. Located in an X Flood zone, tucked away on a quiet street, this is the perfect opportunity for someone to create their little piece of paradise.
Last Agent to Sell the Property
Location 3 Real Estate of KW Inc (KW) License #3131616 Listed on: 02/12/2019
Last Buyer's Agent
Leigh Roach
Truman & Co. (KW)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,617
Year Built
- Built in 1918
Lot Details
- 1,611 Sq Ft Lot
- Property is zoned HMDR - Historic Medium Density Residential
Home Design
- 1,116 Sq Ft Home
- Key West Architecture
- Fixer Upper
- Frame Construction
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- Ground Level
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Gwynn Sub Subdivision
- Rental Restrictions
Listing and Financial Details
- Assessor Parcel Number 00033300-000100
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
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
$262,863
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$506,144
Purchase Details
Listed on
Jun 13, 2022
Closed on
Sep 21, 2022
Sold by
William R Albury Revocable Trust
Bought by
Salt Lorraine V
Seller's Agent
Michael Marinelli
American Caribbean Real Estate
Buyer's Agent
Joel Young
American Caribbean Real Estate
List Price
$849,000
Sold Price
$648,000
Premium/Discount to List
-$201,000
-23.67%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
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
Listed on
Jul 24, 2013
Closed on
Oct 23, 2013
Sold by
Talley Stephen M and Hamilton Richard D
Bought by
Albury William R
Seller's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$399,000
Sold Price
$361,000
Premium/Discount to List
-$38,000
-9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
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
Similar Homes in Key West, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $729,000 | None Listed On Document | |
| Warranty Deed | $648,000 | First International Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $361,000 | None Available | |
| Quit Claim Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $235,000 | Attorney | |
| Certificate Of Transfer | $21,000 | -- | |
| Warranty Deed | $545,000 | First American Title Ins Co | |
| Warranty Deed | $401,700 | True Title Agency Inc | |
| Quit Claim Deed | -- | True Title Agency Inc | |
| Warranty Deed | $272,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,000 | New Conventional | |
| Previous Owner | $615,600 | New Conventional | |
| Previous Owner | $188,000 | New Conventional | |
| Previous Owner | $456,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $436,000 | New Conventional | |
| Previous Owner | $321,360 | Unknown | |
| Closed | $80,000 | No Value Available | |
| Closed | $109,000 | No Value Available |
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 |
| 06/13/2022 06/13/22 | For Sale | $849,000 | -26.2% | $1,314 / Sq Ft |
| 03/11/2022 03/11/22 | Sold | $1,150,000 | -2.1% | $1,094 / Sq Ft |
| 01/25/2022 01/25/22 | Price Changed | $1,175,000 | -6.0% | $1,118 / Sq Ft |
| 12/10/2021 12/10/21 | For Sale | $1,250,000 | +180.9% | $1,189 / Sq Ft |
| 07/03/2019 07/03/19 | Sold | $445,000 | -15.9% | $399 / Sq Ft |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- |
| 02/12/2019 02/12/19 | For Sale | $529,000 | +46.5% | $474 / Sq Ft |
| 10/23/2013 10/23/13 | Sold | $361,000 | -9.5% | $559 / Sq Ft |
| 10/18/2013 10/18/13 | Pending | -- | -- | -- |
| 07/24/2013 07/24/13 | For Sale | $399,000 | -- | $618 / 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
-
Michael Marinelli
Seller's Agent in 2022
Michael Marinelli
American Caribbean Real Estate
(305) 439-7730
1 in this area
16 Total Sales
-
L
Seller's Agent in 2022
Leigh Roach
Truman & Co. (KW)
-
Joel Young
Seller Co-Listing Agent in 2022
Joel Young
American Caribbean Real Estate
(305) 432-6610
2 in this area
54 Total Sales
-
E
Buyer's Agent in 2022
Emily Lombard
Buy The Keys (KW)
-
Deborah Batty
D
Seller's Agent in 2019
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
(305) 509-1958
1 in this area
28 Total Sales
-
L
Buyer's Agent in 2019
Leigh Ann Roach
Preferred Properties (KW)
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 584262
APN: 00033300-000101
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