NOT LISTED FOR SALE

1009 Watson St Unit REAR Key West, FL 33040

Old Town Neighborhood

Estimated Value: $678,000 - $1,271,000

2 Beds
2 Baths
816 Sq Ft
$1,279/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $670,000 $821 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,204/month

107 Days on Market

Highlights

  • 0.13 Acre Lot
  • Wood Flooring
  • Balcony
  • Key West Architecture
  • No HOA
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of April 2017

A completely secluded and darling conch cottage that has been renovated. Accessible via a legal easement from Watson Street, the cottage sits on an extra large lot with ample room for a pool and possibly another unit. The cottage is not on the HARC historic register and plans for a replacement house exist. This property can be purchased with 1028 and 1030 Truman Ave

Last Agent to Sell the Property

Kent Ducote

Doug Mayberry Real Estate (KW) Listed on: 12/14/2016

Co-Listed By

Keith Bland

Truman & Co. (KW) License #3166210

Last Buyer's Agent

Michele Grahl

Compass Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1918

Lot Details

  • 5,450 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 816 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gwynn Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00033300-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,323

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5323.15
  • Year Built: 1918
  • Alternate Key Number: 8497521
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5450.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 816.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Oven, Washer, Refrigerator, Range
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00033300-000200
  • Lot Size: 50x109
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2016
Closed on
Apr 10, 2017
Sold by
Mealus Eric D and Cignevvch Joel
Bought by
Gottschaik Bradford Lee and Gottschaik Cathie A
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Michele Grahl
Compass Realty (KW)
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Total Days on Market
107
Current Estimated Value
$1,043,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,451
Avg. Annual Appreciation
5.54%
Original Mortgage
$529,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Mayberry Douglas G and Philip Michael A
Bought by
Mealus Eric D and Cognevich Joel

Purchase Details

Closed on
Dec 4, 2003
Sold by
Sheldon Philip S
Bought by
Mayberry Douglas G

Purchase Details

Closed on
May 17, 2001
Sold by
Steven M Pratt I
Bought by
Mayberry Douglas G and Philip Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Correa John F and Seidenschwan Judy A
Bought by
Correa John F and Correa Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1990
Bought by
Mealus Eric D

Purchase Details

Closed on
Sep 1, 1987
Bought by
Mealus Eric D

Purchase Details

Closed on
Sep 1, 1981
Bought by
Mealus Eric D

Purchase Details

Closed on
Mar 1, 1980
Bought by
Mealus Eric D
Source: Public Records

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Range of Values:

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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
Gottschaik Bradford Lee $670,000 Attorney
Mealus Eric D $351,500 Attorney
Mayberry Douglas G -- --
Mayberry Douglas G -- --
Mayberry Douglas G $215,000 --
Correa John F $100 --
Mealus Eric D $107,000 --
Mealus Eric D $87,100 --
Mealus Eric D -- --
Mealus Eric D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottschalk Bradford Lee $505,000
Closed Gottschaik Bradford Lee $529,000
Previous Owner Correa John F $172,000
Previous Owner Correa John F $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $670,000 -3.6% $821 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $695,000 -- $852 / Sq Ft
Source: Florida Keys Board 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 $4,972 $602,644 -- --
2023 $4,972 $585,092 $0 $0
2022 $4,792 $568,051 $0 $0
2021 $4,897 $551,506 $423,792 $127,714
2020 $5,263 $595,238 $464,602 $130,636
2019 $5,196 $582,993 $0 $0
2018 $5,194 $572,123 $449,690 $122,433
2017 $5,813 $588,964 $0 $0
2016 $5,323 $546,939 $0 $0
2015 $5,427 $543,137 $0 $0
2014 $4,732 $458,074 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kent Ducote

    Doug Mayberry Real Estate (KW)

  • Keith Bland

    Seller Co-Listing Agent in 2017

    Keith Bland

    Truman & Co. (KW)

    30 in this area

    48 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Michele Grahl

    Compass Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573651

Florida Keys Board of REALTORS®

APN: 00033300-000200

Florida Monroe County Key West 33040 Old Town

1009 Watson St Unit REAR, Key West, FL

This home is located at 1009 Watson St Unit REAR, Key West, FL 33040 since 14 December 2016 and is currently estimated at $1,043,451, approximately $1,278 per square foot. This property was built in 1918. 1009 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.

Florida Keys Board 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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