NOT LISTED FOR SALE

1206 Watson St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,234,000 - $1,602,000

4 Beds
1 Bath
1,616 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2019

Last sale price $580,000 $359 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $8,379 / mo

214 Days on Market

Highlights

  • 0.12 Acre Lot
  • No HOA
  • Storage
  • Key West Architecture
  • Balcony
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of March 2019

NEW PRICE!!! Fixer Upper In Old Town! This property offers a deep 108' lot with room for parking and a pool. The house has an open floor plan, high ceilings, and is ready for renovation. This home is very spacious with over 1600 sq. ft. of interior living space. This is a great opportunity to make your dream home in Key West. X FLOOD ZONE!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 08/10/2018

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1933

Lot Details

  • 5,315 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Carpet

Kitchen

  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00032230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,751

Year Built

Built in 1933

Lot Details

5,315 Sq Ft Lot

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
  • Handicap Access: 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2751.08
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1033014
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5315.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1616.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Floor: Carpet, Combo
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X FLOOD ZONE
  • Parcel Number: 00032230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Mar 28, 2019
Sold by
Bought by
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$749,000
Sold Price
$580,000
Premium/Discount to List
-$169,000
-22.56%
Current Estimated Value
$1,435,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,810
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Apr 24, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 None Listed On Document
$20,100 Attorney
$100 --
$100 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $580,000 -22.6% $359 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
08/10/2018 08/10/18 For Sale $749,000 -- $463 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,665 $815,463
2024 $6,555 $792,482
2023 $6,555 $769,400 $0 $0
2022 $6,273 $746,991 $0 $0
2021 $6,423 $725,234 $582,104 $143,130
2020 $6,438 $729,224 $582,104 $147,120
2019 $6,011 $634,453 $570,305 $64,148
2018 $3,186 $375,984 $0 $0
2017 $3,161 $368,251 $0 $0
2016 $3,247 $360,677 $0 $0
2015 $3,304 $358,170 $0 $0
2014 $3,387 $355,327 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2019

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    58 in this area

    236 Total Sales

    Bascom Grooms
    Section Image

  • E

    Buyer's Agent in 2019

    Edward Salazar

    At Home in Key West, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581472

Florida Keys Board of REALTORS®

APN: 00032230-000000

Florida Monroe County Key West 33040 Old Town

1206 Watson St, Key West, FL

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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