NOT LISTED FOR SALE

1111 Watson St Unit F Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,061,780 - $1,239,000

2 Beds
2 Baths
854 Sq Ft
$1,351/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $899,000 $1,053 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,899/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Fenced
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of February 2022

This 2 bedroom and 2 full bath single family home was built in 1993 and offers cathedral ceilings, granite countertops, custom wood cabinets and hardwood floors throughout. This home also boasts 5 sets of french doors that all open out to the very large, private outdoor deck that is great for entertaining. This beautifully maintained home is offered turnkey and is part of a lovely gated compound with 5 other homes sharing a large pool, jacuzzi and several outdoor sitting and sunbathing areas. Follow a wonderful brick path through beautiful tropical landscaped grounds, all part of this very private and secure little oasis in Old Town but still a short walk or quick bike ride to restaurants, parks, tennis, Higgs Beach and Duval Street. Home is located in the X flood zone.

Last Listed By

Jennifer Newman

Doug Mayberry Real Estate (KW) Listed on: 10/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1993

Lot Details

  • 1,779 Sq Ft Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • 854 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include common area mnt
  • Gwynn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00033540-000302

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,221

Year Built

Built in 1993

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
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5220.76
  • Year Built: 1993
  • Alternate Key Number: 8761872
  • Lot Sq Ft: 1779.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 854.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Freezer, Washer, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033540-000302
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Hall Robert W and Gingell Kenneth A
Bought by
Hall Gingell Revocable Trust and Hall
Total Days on Market
4
Current Estimated Value
$1,153,927

Purchase Details

Listed on
Oct 23, 2021
Closed on
Feb 1, 2022
Sold by
Bruce Everet Mills Revocable Trust
Bought by
Hall Robert W and Gingell Kenneth A
Seller's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$879,000
Sold Price
$899,000
Premium/Discount to List
$20,000
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Nov 4, 2020
Sold by
Fbg Key West Llc
Bought by
Mills Bruce Everet and Bruce Everet Mills Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2018
Sold by
Fbg Key West Llc
Bought by
Baecker Ronald M

Purchase Details

Closed on
Nov 9, 2018
Sold by
Fbg Key West Llc
Bought by
Baecker Ronald M

Purchase Details

Closed on
Apr 20, 2015
Sold by
Steffen Gary L
Bought by
Fbg Key West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 2011
Sold by
Buckler Michael R and Buckler Michael J
Bought by
Steffen Gary L

Purchase Details

Closed on
Apr 15, 2000
Bought by
Fbg Key West Llc

Purchase Details

Closed on
Oct 1, 1995
Bought by
Fbg Key West Llc

Purchase Details

Closed on
Jan 1, 1993
Bought by
Fbg Key West 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
Hall Gingell Revocable Trust -- None Listed On Document
Hall Robert W $899,000 New Title Company Name
Mills Bruce Everet -- Heritage Title Ins Agcy Inc
Baecker Ronald M $100 None Listed On Document
Baecker Ronald M $100 None Listed On Document
Fbg Key West Llc $750,000 Heritage Title Ins Agency In
Steffen Gary L $45,600 Attorney
Fbg Key West Llc $240,000 --
Fbg Key West Llc $150,000 --
Fbg Key West Llc $60,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Bruce Everet $300,000
Previous Owner Fbg Key West Llc $49,742,519
Previous Owner Fbg Key West Llc $600,000
Previous Owner Steffen Gary $70,000
Previous Owner Steffen Gary L $190,000
Previous Owner Steffen Gary L $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $899,000 0.0% $1,053 / Sq Ft
10/24/2021 10/24/21 Price Changed $899,000 +2.3% $1,053 / Sq Ft
10/23/2021 10/23/21 For Sale $879,000 -- $1,029 / 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 $6,012 $725,640 -- --
2023 $6,012 $704,505 $498,399 $206,106
2022 $5,691 $691,158 $498,399 $192,759
2021 $5,238 $549,350 $377,464 $171,886
2020 $5,221 $549,472 $375,632 $173,840
2019 $5,183 $540,552 $362,805 $177,747
2018 $5,432 $557,287 $375,632 $181,655
2017 $5,548 $560,122 $0 $0
2016 $5,742 $549,057 $0 $0
2015 $4,771 $521,140 $0 $0
2014 -- $391,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

  • J

    Buyer's Agent in 2022

    Juan Benitez

    Compass Realty (KW)

  • Juan Benitez Benitez

    Buyer's Agent in 2022

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    19 in this area

    49 Total Sales

    Juan Benitez Benitez
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598223

Florida Keys Board of REALTORS®

APN: 00033540-000302

Florida Monroe County Key West 33040 Old Town

1111 Watson St Unit F, Key West, FL

Homes for Sale in Key West, FL

This home is located at 1111 Watson St Unit F, Key West, FL 33040 since 23 October 2021 and is currently estimated at $1,153,927, approximately $1,351 per square foot. This property was built in 1993. 1111 Watson St Unit F 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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