1114 Watson St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,546,000 - $1,732,000
3
Beds
2
Baths
1,616
Sq Ft
$993/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Cathedral Ceiling
- Loft
- Shotgun Architecture
- Wood Flooring
- 3-minute walk to Higgs Beach Dog Park
About This Home
As of September 2014Taking backup offers until all contingencies are met. I dare everyone to find a property in old town in such great condition for less than $412 per sq. ft.!!! Add a fenced very private backyard with room for a pool! In an X500 flood zone (no Flood Ins needed), off street, covered parking, updated, freshly painted, work shop/storage space, income producing separate 1/1 +loft unit, wonderful outside entertaining areas. Truly an entertainers delight with open kitchen/living room area that opens to the covered deck and back yard with accessory unit that can be enclosed. Oh, and gas appliances, hardwood floors, central A/C. Move right in and enjoy the duplex that can be easily converted to a single family home! Priced to sell
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,656
Year Built
- Built in 1933
Lot Details
- 2,987 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Shotgun Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 1,616 Sq Ft Home
- Cathedral Ceiling
- Jalousie or louvered window
- Blinds
- French Doors
- Sliding Doors
- Loft
- Workshop
- Storage
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Garage
- Carport
- Off-Street Parking
Additional Homes
- Detached Guest House
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 00031790-000000
Community Details
Overview
- No Home Owners Association
- Old Town Unlisted Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2013
Closed on
Sep 4, 2014
Sold by
1114 Watson Llc
Bought by
Ellis Christopher and Ellis Michelle
Seller's Agent
Elaine Chinnis
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$749,000
Sold Price
$660,000
Premium/Discount to List
-$89,000
-11.88%
Total Days on Market
392
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$945,037
Avg. Annual Appreciation
8.45%
Purchase Details
Listed on
Jun 21, 2012
Closed on
Jun 15, 2012
Sold by
Centennial Bank
Bought by
1114 Watson Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Elaine Chinnis
List Price
$363,000
Sold Price
$363,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.90%
Purchase Details
Listed on
Jun 21, 2012
Closed on
Jun 14, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Centennial Bank
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Elaine Chinnis
List Price
$363,000
Sold Price
$363,000
Purchase Details
Closed on
Feb 24, 2010
Sold by
Luna Thomas A
Bought by
Key West Bank Fsb
Purchase Details
Closed on
Apr 18, 2007
Sold by
Adkins Gary E
Bought by
Adkins Gary E and Luna Thomas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Interest Rate
6.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 3, 2007
Sold by
Adkins Gary E
Bought by
Adkins Gary E and Luna Thomas A
Purchase Details
Closed on
Feb 9, 2006
Sold by
Everingham Robert and Everingham Constance A
Bought by
Everingham Robert and Everingham Constance A
Purchase Details
Closed on
Jan 21, 2006
Sold by
Fierst Robert and Simmons Douglas
Bought by
Everingham Robert and Everingham Constance A
Purchase Details
Closed on
Jan 4, 2000
Sold by
Findley James R and Alexander Sharon A
Bought by
Alexander Sharon A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 1995
Sold by
Soler Eloisa R and Soler Eloisa Rosa
Bought by
Adkins Gary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 1974
Bought by
Ellis Christopher and Ellis Michelle
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ellis Christopher | $660,000 | Attorney | |
| 1114 Watson Llc | $363,000 | Attorney | |
| Centennial Bank | $363,000 | None Available | |
| Key West Bank Fsb | $433,500 | Attorney | |
| Adkins Gary E | -- | None Available | |
| Everingham Robert | -- | None Available | |
| Everingham Robert | -- | None Available | |
| Alexander Sharon A | $60,000 | -- | |
| Adkins Gary E | $155,000 | -- | |
| Ellis Christopher | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1114 Watson Llc | $735,000 | |
| Previous Owner | Adkins Gary E | $433,500 | |
| Previous Owner | Alexander Sharon A | $242,000 | |
| Previous Owner | Alexander Sharon A | $80,000 | |
| Previous Owner | Alexander Sharon A | $202,000 | |
| Previous Owner | Adkins Gary E | $139,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2014 09/08/14 | Sold | $660,000 | -11.9% | $408 / Sq Ft |
| 08/20/2014 08/20/14 | Pending | -- | -- | -- |
| 07/24/2013 07/24/13 | For Sale | $749,000 | +106.3% | $463 / Sq Ft |
| 06/21/2012 06/21/12 | Sold | $363,000 | 0.0% | $241 / Sq Ft |
| 06/21/2012 06/21/12 | Pending | -- | -- | -- |
| 06/21/2012 06/21/12 | For Sale | $363,000 | -- | $241 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $5,972 | $663,254 | -- | -- |
| 2023 | $5,972 | $643,936 | $0 | $0 |
| 2022 | $5,715 | $625,181 | $0 | $0 |
| 2021 | $5,815 | $606,972 | $0 | $0 |
| 2020 | $5,718 | $598,592 | $0 | $0 |
| 2019 | $5,637 | $585,134 | $0 | $0 |
| 2018 | $5,628 | $574,224 | $293,151 | $281,073 |
| 2017 | $5,747 | $577,863 | $0 | $0 |
| 2016 | $6,113 | $586,265 | $0 | $0 |
| 2015 | $6,433 | $560,777 | $0 | $0 |
| 2014 | $4,901 | $407,776 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elaine Chinnis
E
Seller's Agent in 2014
Elaine Chinnis
(305) 304-3675
6 in this area
19 Total Sales
-
W
Buyer's Agent in 2014
William Brown
Southernmost Realty (KW)
-
Bill Brown
B
Buyer's Agent in 2014
Bill Brown
Keller Williams Key West Compass Realty
(305) 240-1511
-
Bascom Grooms
Seller's Agent in 2012
Bascom Grooms
Bascom Grooms Real Estate (KW)
(305) 304-7444
71 in this area
345 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 118376
APN: 00031790-000000
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