1007 Watson St Key West, FL 33040
Old Town Neighborhood
1
Bed
2
Baths
646
Sq Ft
871
Sq Ft Lot
Highlights
- Vaulted Ceiling
- Furnished
- Cooling System Mounted To A Wall/Window
- Garden View
- No HOA
- 3-minute walk to Higgs Beach Dog Park
About This Home
As of September 2022“The Key West Tree House” is a cozy and comfortable home that will transition you from the rest of civilization to the relaxing Historic District of Key West. This light-filled home is hidden on a secret path in the charming streets of Old Town. Wake up each morning and enjoy coffee on the balcony overlooking tropical treetops and, in the evening, enjoy cocktails on the patio. Completely and recently renovated, boasting 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 tropical charm. 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.
Last Agent to Sell the Property
American Caribbean Real Estate License #0624654 Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,092
Year Built
- Built in 1980
Lot Details
- Southwest Facing Home
- Fenced
Home Design
- Substantially Remodeled
- Metal Roof
- Wood Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 646 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Garden Views
- Electric Range
Bedrooms and Bathrooms
- 1 Bedroom
- Primary Bedroom Upstairs
- 2 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- No Home Owners Association
- Gwynn Sub Subdivision
Listing and Financial Details
- 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
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: MIAMI REALTORS® MLS
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: MIAMI REALTORS® MLS
MLS Number: A11221743
APN: 00033300-000101
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