$520,000
SOLD MAR 15, 2017

1111 Watson St Unit B Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
1,084 Sq Ft
1 Acres

Recently Sold

$480 Per Sq Ft

13% Below List Price

336 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Cathedral Ceiling
  • 1 Acre Lot
  • Key West Architecture
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of April 2022

Adorable Old Town Key West Conch style 2 br 1 b home that is reminiscent of bygone era in X zone where flood ins is not required. Cathedral ceiling,new roof, tile floors, granite kitchen, & bonus loft (not included in sq ftg). Located in HOA w./6 houses behind privacy fences, brick paths, landscaping, pool, hot tub. 1 house dog allowed, 25 lbs, or cat allowed.Ins: W $4143, H 932, F 630 unnecessary

Last Agent to Sell the Property

Andrea Weitz

Century 21 Schwartz Realty (KW) Listed on: 04/04/2016

Last Buyer's Agent

Richard Medlin

RE/MAX Keys Connection (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,084 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Awning
  • Double Hung Windows
  • French Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Association fees include common area mnt
  • Gwynn Sub Subdivision
  • Rental Restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,131

Year Built

Built in 1978

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 250.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Common Area Mnt, Other
  • 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: 1.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: 1 dog25 lbs or cat
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 1131.00
  • Title: Negotiable
  • Year Built: 1978
  • Alternate Key Number: 8639651
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 43569.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1084.00
  • Pool Info Other: YES
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Other, Granite Counter Top, Pantry
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Oven, Range, Refrigerator, Dryer
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows, Awning Windows, Wood Windows, Aluminum Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
James Novakoski
Bought by
James T Novakoski And Debra A Novakoski Joint and Novakoski Debra A
Current Estimated Value
$1,132,132

Purchase Details

Closed on
Nov 13, 2018
Sold by
James Novakoski
Bought by
Baecker Ronald M

Purchase Details

Closed on
Nov 9, 2018
Sold by
James Novakoski
Bought by
Baecker Ronald M

Purchase Details

Listed on
Apr 4, 2016
Closed on
Mar 15, 2017
Sold by
Ricks Keith O and Ricks Laura E
Bought by
Novakoski James
Seller's Agent
Andrea Weitz
Century 21 Schwartz Realty (KW)
Buyer's Agent
Richard Medlin
RE/MAX Keys Connection (KW)
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$531,180
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 1992
Bought by
Ricks Keith O and Ricks Laura E

Purchase Details

Closed on
Sep 1, 1986
Bought by
Ricks Keith O and Ricks Laura E

Purchase Details

Closed on
Jan 1, 1983
Bought by
Ricks Keith O and Ricks Laura E
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 Type Sale Price Title Company
Warranty Deed -- Buhl Little Lynwood & Harris P
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $520,000 First Internaional Title Inc
Warranty Deed $128,000 --
Warranty Deed -- --
Warranty Deed $22,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $501,668 VA
Previous Owner $531,180 VA
Previous Owner $406,333 Unknown
Previous Owner $70,300 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $900,000 -5.2% $829 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $949,000 +82.5% $874 / Sq Ft
03/15/2017 03/15/17 Sold $520,000 -12.6% $480 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $595,000 -- $549 / 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 $5,612 $875,710 $658,451 $217,259
2023 $5,612 $615,390 $411,721 $203,669
2022 $5,543 $617,487 $411,721 $205,766
2021 $4,242 $435,621 $311,818 $123,803
2020 $4,242 $437,455 $310,304 $127,151
2019 $4,238 $433,342 $299,709 $133,633
2018 $4,456 $449,010 $310,304 $138,706
2017 $5,353 $558,135 $0 $0
2016 $5,320 $551,947 $0 $0
2015 -- $523,561 $0 $0
2014 -- $428,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Behmke The

    Compass Realty (KW)

  • A

    Buyer's Agent in 2022

    Annica Pedersen

    Seaport Realtors (KW)

  • A

    Seller's Agent in 2017

    Andrea Weitz

    Century 21 Schwartz Realty (KW)

  • R

    Buyer's Agent in 2017

    Richard Medlin

    RE/MAX

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123135

Florida Keys Board of REALTORS®

APN: 00033540-000200

Florida Monroe County Key West 33040 Old Town

1111 Watson St Unit B, Key West, FL

This home is located at 1111 Watson St Unit B, Key West, FL 33040 and is currently priced at $520,000, approximately $479 per square foot. This property was built in 1978. 1111 Watson St Unit B 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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