NOT LISTED FOR SALE

1112 Watson St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,163,858 - $2,723,000

5 Beds
3 Baths
2,079 Sq Ft
$1,144/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $1,312,500 $631 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,468/month

27 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Cathedral Ceiling
  • 5,678 Sq Ft lot
  • Key West Architecture
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of June 2020

Located in the highly coveted Historic District of Key West, this tropical home is a case-study in living the island lifestyle. Built prior to 1899, 1112 Watson Street is a classic Key West residence boasting multiple outdoor living spaces, a custom swimming pool, outdoor shower, open floor plan, off-street parking, and an X-Flood zone location. Greeted by lush landscaping and a lovely front porch, enter the home to discover cathedral ceilings and a user-friendly layout with a large kitchen that opens to the dining and living rooms. Just off the kitchen is the full guest bathroom plus three well sized guest bedrooms-one with it's own bathroom. The Master Suite features...

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 04/03/2020

Co-Listed By

Elizabeth Chamberlain

Truman & Co. (KW) License #658990

Last Buyer's Agent

Elizabeth Chamberlain

Preferred Properties (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,536

Year Built

  • Built in 1899 | Remodeled

Lot Details

  • 5,678 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,079 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • French Doors
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00031770-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,536

Year Built

Built in 1899 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4535.75
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1899
  • Alternate Key Number: 1032557
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 5678.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2079.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Smoke Alarms, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower, Storage, Shed, Privacy Wall/Fence, Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Propane, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00031770-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jun 1, 2020
Sold by
Deandrea Alberto and Maliki Joan
Bought by
1112 Watson Street Llc
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Elizabeth Chamberlain
Preferred Properties (KW)
List Price
$1,395,000
Sold Price
$1,312,500
Premium/Discount to List
-$82,500
-5.91%
Current Estimated Value
$2,378,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,066,215
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Apr 1, 1997
Bought by
Deandrea Alberto

Purchase Details

Closed on
Jun 6, 1995
Sold by
Palmer William Randall and Elizabeth Sandia J
Bought by
Buck Eugene E and Dawn Buck M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,169
Interest Rate
8.21%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 1994
Sold by
Garcia Rosa
Bought by
Palmer William Randal and Elizabeth Sandia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1112 Watson Street Llc $1,312,500 Attorney
Deandrea Alberto $225,000 --
Buck Eugene E $174,000 --
Palmer William Randal $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer William Randal $60,000
Previous Owner Palmer William Randal $301,500
Previous Owner Buck Eugene E $179,169
Previous Owner Palmer William Randal $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $1,312,500 -5.9% $631 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $1,395,000 -- $671 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $13,087 $1,775,513 $980,148 $795,365
2024 $12,094 $1,766,578 $980,148 $786,430
2023 $12,094 $1,603,614 $852,567 $751,047
2022 $10,455 $1,304,257 $733,086 $571,171
2021 $9,674 $1,055,905 $546,777 $509,128
2020 $4,604 $519,293 $0 $0
2019 $4,536 $507,618 $0 $0
2018 $4,532 $498,154 $0 $0
2017 $4,511 $487,908 $0 $0
2016 $4,652 $477,873 $0 $0
2015 $4,743 $474,551 $0 $0
2014 $4,882 $470,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2020

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    89 in this area

    182 Total Sales

    Team Kaufelt
    Section Image
  • Elizabeth Chamberlain

    Seller Co-Listing Agent in 2020

    Elizabeth Chamberlain

    Truman & Co. (KW)

    (305) 619-0802

    14 in this area

    50 Total Sales

    Elizabeth Chamberlain
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590468

Florida Keys Board of REALTORS®

APN: 00031770-000000

Florida Monroe County Key West 33040 Old Town

1112 Watson St, Key West, FL

Not Listed for Sale

Detached

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