NOT LISTED FOR SALE

1111 Watson St Unit C Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,001,225 - $1,154,000

2 Beds
1 Bath
852 Sq Ft
$1,261/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $675,000 $792 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,471/month

38 Days on Market

About This Home

As of September 2020

One of six homes in this HOA. This property has 2 bedrooms and one bath. Hardwood and tile floors, central air and large eat-in kitchen. This unit has its own private deck with outdoor shower and dedicated grilling area. The HOA compound is private and secure and features tropical landscaping, brick walkways and shared pool and spa. Pet restriction of 1 dog, 25 pounds or cat. This property is in an X zone. This is a successful VRBO rental and can rent monthly.

Last Listed By

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409 Listed on: 06/13/2020

Keller Williams Key West Compass Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,173

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 250.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • 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
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: 1 dog 25# or cat
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4937.77
  • Title: Negotiable
  • Year Built: 1978
  • Alternate Key Number: 8639660
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1956.00
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • License Info: Non Trans Rntl Lic
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 852.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033540-000300
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Sep 25, 2020
Sold by
Kw Authors Cottage Llc
Bought by
Smith Christina
Seller's Agent
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Total Days on Market
38
Current Estimated Value
$1,074,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,408
Avg. Annual Appreciation
10.61%
Original Mortgage
$530,000
Outstanding Balance
$394,402
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$680,006

Purchase Details

Closed on
Nov 13, 2018
Sold by
Kw Authors Cottage Llc
Bought by
Baecker Ronald M

Purchase Details

Closed on
Nov 9, 2018
Sold by
Kw Authors Cottage Llc
Bought by
Baecker Ronald M

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 18, 2018
Sold by
Grumpy Properties Llc
Bought by
Kw Authors Cottage Llc
Seller's Agent
Jessica Blass
Ocean Sotheby's International Realty
Buyer's Agent
Jessica Blass
Ocean Sotheby's International Realty
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Nov 4, 2004
Sold by
Williams Marshall L
Bought by
Grumpy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 1997
Bought by
Grumpy Properties Llc

Purchase Details

Closed on
Sep 1, 1986
Bought by
Grumpy Properties Llc

Range of Values:

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Average Value
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List Price
Sold Price
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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
Smith Christina $675,000 First International Title
Baecker Ronald M $100 None Listed On Document
Baecker Ronald M $100 None Listed On Document
Kw Authors Cottage Llc $620,000 First International Title
Grumpy Properties Llc $649,000 Chicago Title Of The Fl Keys
Grumpy Properties Llc $152,900 --
Grumpy Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christina $530,000
Previous Owner Grumpy Properties Llc $438,750
Previous Owner Grumpy Properties Llc $519,200
Previous Owner Williams Marshall Lewis $333,000
Previous Owner Williams Marshall Lewis $95,000
Previous Owner Williams Marshall Lewis $50,000
Previous Owner Williams Marshall Lewis $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $675,000 -2.9% $792 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $695,000 +12.1% $816 / Sq Ft
05/17/2018 05/17/18 Sold $620,000 -0.8% $728 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $625,000 -- $734 / Sq Ft
Source: Key West Association 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 $6,173 $1,053,948 $867,655 $186,293
2023 $6,173 $718,500 $542,534 $175,966
2022 $5,774 $721,264 $542,534 $178,730
2021 $5,229 $548,261 $410,890 $137,371
2020 $5,009 $525,281 $408,895 $116,386
2019 $4,938 $512,705 $394,933 $117,772
2018 $5,181 $529,438 $408,895 $120,543
2017 $5,073 $554,081 $0 $0
2016 $5,026 $541,785 $0 $0
2015 $4,797 $512,178 $0 $0
2014 $4,342 $406,341 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Behmke Group

    Seller's Agent in 2020

    The Behmke Group

    Keller Williams Key West Compass Realty

    (305) 304-0998

    15 in this area

    164 Total Sales

    The Behmke Group
    Section Image
  • Caroline Stover Sickmen

    Buyer's Agent in 2020

    Caroline Stover Sickmen

    eXp Realty LLC

    (305) 407-6790

    18 in this area

    54 Total Sales

    Caroline Stover Sickmen
    Section Image

  • J

    Seller's Agent in 2018

    Jessica Blass

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 591228

Key West Association of REALTORS®

APN: 00033540-000300

Florida Monroe County Key West 33040 Old Town

1111 Watson St Unit C, Key West, FL

Homes for Sale in Key West, FL

This home is located at 1111 Watson St Unit C, Key West, FL 33040 since 13 June 2020 and is currently estimated at $1,074,408, approximately $1,261 per square foot. This property was built in 1978. 1111 Watson St Unit C 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.

Key West Association 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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