NOT LISTED FOR SALE

1121 Watson St Unit 2 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $820,000 - $953,295

1 Bed
1 Bath
420 Sq Ft
$2,130/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $247,000 $588 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $5,236/month

241 Days on Market

Highlights

  • Concrete Pool
  • Loft
  • Tile Flooring
  • Cathedral Ceiling
  • Laundry Room
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of August 2013

PREMIER Conch Grove compound. Beautiful tropical grounds... Renovated cigar makers cottage tucked away in a charming gated old town compound. Eleven homes share an extra large heated pool surrounded by mature tropical landscaping. Cottage was renovated in 2004. New roof in 2010. Move in condition. Just bring your flip flops and bathing suit to wile away the winter blues!! (Homes owned fee simple as part of a homeowners association.)

Last Agent to Sell the Property

Michelle Kirby

RE/MAX Keys Connection (KW) License #3107768 Listed on: 01/01/2013

RE/MAX Keys Connection (KW)

Last Buyer's Agent

Ronald McGregor

Beach Club Brokers (KW) License #461183

Beach Club Brokers (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1958

Lot Details

  • 1,993 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 420 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Loft
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Community Sewer or Septic

Community Details

  • Association fees include common area mnt
  • Gwynn Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,359

Year Built

Built in 1958

Lot Details

0

HOA Fees

$200 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: 600.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2359.24
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1034380
  • Building Style: Cigar Maker
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1993.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 420.00
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Refrigerator, Range, Microwave, Gas Appliances, Freezer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Security: Other
  • Utilities: Community Swr Plant, Propane, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2013
Closed on
Aug 30, 2013
Sold by
Pataky Glennon G
Bought by
Condon Linda
Seller's Agent
Michelle Kirby
RE/MAX Keys Connection (KW)
Buyer's Agent
Ronald McGregor
Beach Club Brokers (KW)
List Price
$279,000
Sold Price
$247,000
Premium/Discount to List
-$32,000
-11.47%
Current Estimated Value
$894,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,765
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Mar 2, 2004
Sold by
Pielli Ronald Louis
Bought by
Pataky Glennon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,100
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2001
Bought by
Condon Linda

Purchase Details

Closed on
Feb 1, 1973
Bought by
Condon Linda
Source: Public Records

Range of Values:

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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
Condon Linda $247,000 Attorney
Pataky Glennon G $338,000 First American Title Ins Co
Condon Linda $40,000 --
Condon Linda $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pataky Glennon G $417,000
Previous Owner Pataky Glennon G $84,000
Previous Owner Pataky Glennon G $498,750
Previous Owner Pataky Glennon G $321,100
Previous Owner Pielli Ronald Louis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $247,000 -11.5% $588 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $279,000 -- $664 / 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 $3,735 $445,138 -- --
2023 $3,735 $432,173 $0 $0
2022 $3,571 $419,586 $0 $0
2021 $3,639 $407,366 $0 $0
2020 $3,578 $401,742 $0 $0
2019 $3,523 $392,710 $0 $0
2018 $3,516 $385,388 $0 $0
2017 $3,498 $377,462 $0 $0
2016 $3,603 $369,961 $0 $0
2015 $3,920 $379,235 $0 $0
2014 $3,586 $304,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Kirby

    Seller's Agent in 2013

    Michelle Kirby

    RE/MAX

    3 in this area

    5 Total Sales

    Michelle Kirby
    Section Image

  • R

    Buyer's Agent in 2013

    Ronald McGregor

    Beach Club Brokers (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117448

Florida Keys Board of REALTORS®

APN: 00033560-000200

Florida Monroe County Key West 33040 Old Town

1121 Watson St Unit 2, Key West, FL

This home is located at 1121 Watson St Unit 2, Key West, FL 33040 since 01 January 2013 and is currently estimated at $894,765, approximately $2,130 per square foot. This property was built in 1958. 1121 Watson St Unit 2 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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