NOT LISTED FOR SALE

1017 Watson Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $670,239 - $1,189,000

1 Bed
1.5 Baths
578 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $565,000 $978 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,150/month

18 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Cathedral Ceiling
  • No HOA
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of April 2018

Perfect Key West getaway is one of only six cigar-maker's cottages on one of Key West's block-long hidden lanes. Located dead-center of the island, Watson Lane is not to be confused with Watson Street; the lane is tucked on the NE side of Watson Street, between Truman and Virginia streets. Modern upgrades feature stainless appliances, NevaMar counters, bamboo floors, a marvelous curved glass wall, skylights, disappearing screendoors and more. Top notch everything.

Last Agent to Sell the Property

Barbara Bowers

Berkshire Hathaway HomeServices Knight & Gardner Realty Listed on: 02/06/2018

Last Buyer's Agent

Elaine Coyle

Tropical Properties Real Estat (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1938

Lot Details

  • 1,470 Sq Ft Lot
  • Fenced
  • Property is zoned HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 578 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Shutters
  • French Doors
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00033410-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,242

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3242.11
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1034193
  • Building Style: Cigar Maker, Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1470.00
  • Porch Balcony: Deck, Windowed P/B, Patio, Open Porch/Balcony
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 578.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s)
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Sash/Screen Window, Sliding Glass Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033410-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 27, 2018
Sold by
Lapierre Family Revocable Trust
Bought by
Short William B and Short Angela M
Seller's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Total Days on Market
18
Current Estimated Value
$891,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,310
Avg. Annual Appreciation
5.72%
Original Mortgage
$508,500
Outstanding Balance
$444,701
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$397,401

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 25, 2018
Sold by
Lapierre Family Revocable Trust and Lapierre Erma W
Bought by
Short William B and Short Angela M
Seller's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Outstanding Balance
$444,701
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$397,401

Purchase Details

Closed on
Sep 27, 2016
Sold by
Lapierre Rene O
Bought by
Lapierre Rene O and Lapierre Erma W

Purchase Details

Closed on
Apr 1, 1984
Bought by
Lapierre Rene O
Source: Public Records

Similar Homes in Key West, FL

  • 340 Boundary Ln, Key West, FL 33040

    $799,000

    • 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

    $750,000

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

    Located in Key West's Historic District, this two-story, 2-bedroom, 2-bathroom home sits on a manageable lot, offering a unique renovation opportunity. Large primary bedroom, bathroom and sitting area located upstairs. Second bedroom and bathroom on the main floor along with the living, dining and kitchen.Located in the X Flood zone, centrally located on the island, close to downtown and midtown.

    Francesca Santiago Keller Williams Realty Professionals (KW)

    Section Image
  • 1115 Varela St, Key West, FL 33040

    $929,000

    • 3 Beds
    • 2 Baths
    • 1,513 Sq Ft
    • 1115 Varela St
    • Key West, FL

    Nestled on a charming street in the heart of Old Town Key West, 1115 Varela Street is the renovation project that you have been waiting for. This historic treasure would be a perfect project for an investor, developer or anyone looking to restore a historic Key West gem. Currently configured as a 3BD/2BA with a large outside deck and an ideal positioned detached unfinished utility shed. The lot

    Terry Garcia Keller Williams Key West Compass Realty

    Section Image
  • 710 Ashe St Unit Rear, Key West, FL 33040

    $999,000

    • 2 Beds
    • 1 Bath
    • 1,021 Sq Ft
    • 710 Ashe St
    • Unit Rear
    • Key West, FL

    Tucked away on one of the best streets in Old Town Key West, 710 Ashe Street Rear is a beautifully remodeled 2 bedroom, 1 bath residence offering the perfect balance of family living and an optional vacation rental opportunity. Upon entering, an expansive open floor plan invites you in, with the living, dining, and kitchen areas flow effortlessly into one another. Framed by four sets of French

    Team Kaufelt Truman & Co. (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
  • 611 Grinnell St Unit 6, Key West, FL 33040

    $881,600

    • 2 Beds
    • 1 Bath
    • 610 Sq Ft
    • 611 Grinnell St
    • Unit 6
    • Key West, FL

    Old Town Key West, welcome to this adorable 2 Bedroom, 1 Bath historic cottage Tucked away in one of the most enchanting neighborhoods, 611 Grinnell Street,Home #6, is full of warmth, charm, and island character. A true hidden gem, this 610 sq ft home is part of a small, peaceful compound just a short stroll to Duval Street and the Historic Seaport. Close to wonderful restaurants, live music,

    Stacey Pillari Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 608 Roberts Ln, Key West, FL 33040

    $998,000

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 608 Roberts Ln
    • Key West, FL

    OLD TOWN CONCH HOUSE on a lovely Lane tucked away but close to all of your favorite shops, cafes and Key West attractions! First time on the market in over 45 years! This historic home built by the Roberts Family is located on a quiet cul-de-sac lane in Old Town Key West. Tucked away and just off Frances St, 608 Roberts Lane (formerly known as Cates Lane as well as Darwin Court dates back to the

    Bascom Grooms Bascom Grooms Real Estate (KW)

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

    $879,000

    • 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
See All Homes in Key West

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
Short William B $565,000 None Listed On Document
Short William B $565,000 None Listed On Document
Lapierre Rene O -- None Available
Lapierre Rene O $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short William B $508,500
Closed Short William B $508,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $565,000 -1.7% $978 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $575,000 -- $995 / 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 $2,442 $285,856 -- --
2023 $2,442 $277,531 $0 $0
2022 $2,332 $269,448 $0 $0
2021 $2,363 $261,600 $0 $0
2020 $3,715 $377,055 $239,066 $137,989
2019 $4,567 $470,658 $249,386 $221,272
2018 $3,169 $346,899 $0 $0
2017 $3,152 $339,764 $0 $0
2016 $3,242 $332,776 $0 $0
2015 $3,306 $330,463 $0 $0
2014 $3,218 $277,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Barbara Bowers

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • E

    Buyer's Agent in 2018

    Elaine Coyle

    Tropical Properties Real Estat (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578619

Florida Keys Board of REALTORS®

APN: 00033410-000000

Florida Monroe County Key West 33040 Old Town

1017 Watson Ln, Key West, FL

This home is located at 1017 Watson Ln, Key West, FL 33040 since 06 February 2018 and is currently estimated at $891,310, approximately $1,542 per square foot. This property was built in 1938. 1017 Watson Ln 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.

Nearby Homes