NOT LISTED FOR SALE

1021 Watson Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $888,490 - $1,080,000

3 Beds
1 Bath
744 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $679,000 $913 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,011/month

12 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • No HOA
  • Key West Architecture
  • Wood Flooring
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of April 2021

The moment you enter you will fall in love with the charm of this Old Town home. 1021 Watson Lane offers high ceilings, Dade County Pine and natural light throughout. Two sets of french doors open up to an expansive outdoor deck and garden area.

Last Agent to Sell the Property

Jenny Perry

Preferred Properties (KW) Listed on: 02/01/2021

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1938

Lot Details

  • 2,720 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • 1 Parking Space

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 744 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00033420-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,338

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
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5337.67
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1034207
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2720.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 744.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Disposal, Oven, Washer, Refrigerator, Range, Dryer
  • Floor: Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Combo Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033420-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Felger Sarah Kathleen
Bought by
Regan Patrick J and Hankins Corey
Current Estimated Value
$994,373

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 1, 2021
Sold by
Oneal Tracy and Oneal Tracy
Bought by
Felger Mary Margaret and Felger Sarah Kathleen
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$680,000
Sold Price
$679,000
Premium/Discount to List
-$1,000
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$543,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Bought by
Oneal Tracy Revocable Trust Agreement 4/26/20

Purchase Details

Closed on
Aug 11, 1999
Sold by
Baker Mary S
Bought by
Oneal Tracy

Purchase Details

Closed on
Jun 1, 1996
Bought by
Oneal Tracy Revocable Trust Agreement 4/26/20

Purchase Details

Closed on
Mar 1, 1994
Bought by
Oneal Tracy Revocable Trust Agreement 4/26/20

Purchase Details

Closed on
Feb 1, 1990
Bought by
Oneal Tracy Revocable Trust Agreement 4/26/20

Purchase Details

Closed on
Dec 1, 1979
Bought by
Oneal Tracy Revocable Trust Agreement 4/26/20
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
Regan Patrick J -- None Listed On Document
Felger Mary Margaret -- None Listed On Document
Regan Patrick J -- None Listed On Document
Felger Mary Margaret $679,000 Attorney
Oneal Tracy Revocable Trust Agreement 4/26/20 $100 --
Oneal Tracy $38,000 --
Oneal Tracy Revocable Trust Agreement 4/26/20 $125,000 --
Oneal Tracy Revocable Trust Agreement 4/26/20 $150,000 --
Oneal Tracy Revocable Trust Agreement 4/26/20 $170,000 --
Oneal Tracy Revocable Trust Agreement 4/26/20 $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felger Mary Margaret $543,200
Previous Owner Oneal Tracy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $679,000 -0.1% $913 / Sq Ft
02/01/2021 02/01/21 For Sale $680,000 -- $914 / 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 $5,915 $688,934 -- --
2023 $5,915 $695,242 $0 $0
2022 $5,467 $649,386 $477,197 $172,189
2021 $4,871 $507,449 $382,867 $124,582
2020 $4,894 $512,085 $385,642 $126,443
2019 $5,338 $558,070 $431,419 $126,651
2018 $5,433 $557,425 $427,258 $130,167
2017 $5,437 $559,288 $0 $0
2016 $5,370 $543,739 $0 $0
2015 $5,057 $496,377 $0 $0
2014 $4,740 $432,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Perry

    Seller's Agent in 2021

    Jenny Perry

    Preferred Properties (KW)

    (305) 747-0369

    16 in this area

    114 Total Sales

    Jenny Perry
    Section Image
  • Bascom Grooms

    Buyer's Agent in 2021

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    67 in this area

    334 Total Sales

    Bascom Grooms
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594457

Florida Keys Board of REALTORS®

APN: 00033420-000000

Florida Monroe County Key West 33040 Old Town

1021 Watson Ln, Key West, FL

This home is located at 1021 Watson Ln, Key West, FL 33040 since 01 February 2021 and is currently estimated at $994,373, approximately $1,336 per square foot. This property was built in 1938. 1021 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.

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