NOT LISTED FOR SALE

1209 Watson St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,543,000 - $2,575,000

2 Beds
3 Baths
1,572 Sq Ft
$1,300/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $2,200,000 $1,399 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,369/month

2 Days on Market

About This Home

As of April 2023

A Tropical Modern Masterpiece completely updated to the highest quality in the legendary Historic District of Key West and on one of the most private streets. 1209 Watson Street is a single-level designer home perfectly paired with exotic Tropical Landscaping, a custom swimming pool, and a chic outdoor shower by the award winning Craig Reynolds Landscape Architecture. The home boasts a 5,288SF lot and over 1,500SF of interior living space featuring a spacious open floor plan, large impact windows, a 7-panel accordion wall of impact rated Nana doors, slate tile floors, and stunning views of the backyard, pool, and garden. The gourmet kitchen features whirlpool appliances and an abundance of custom cabinetry and space! The large primary bedroom is a true oasis with its timeless design and a spa-like bathroom. Step outside and enjoy the extra large covered porch, Trex decking, and an architecturally designed guest house. The lush garden is highlighted by a 13' x 20' heated saltwater pool creating the perfect environment to relax and unwind. Additional features include an air conditioned laundry room, Hot Tub, and off-street parking. Located in the X-Flood zone and an easy walk, bike, or golf cart ride to the island's best restaurants, beaches, and attractions.

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 02/02/2023

Last Buyer's Agent

Juan Benitez

Compass Realty (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,968

Year Built

1958

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
  • Voluntary 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Other Area Features, Beach, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6669.56
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Carport
  • Year Built: 1958
  • Alternate Key Number: 1034509
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5288.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • License Info: Non Trans Rntl Lic
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1572.00
  • 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: Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Smoke Alarms, Security System, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Appliances: Washer, Wine Cooler, Freezer, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Frame
  • Exterior Features: Fruit Tree(s), Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting, Hot Tub, Rain Gutters, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X-500
  • Parcel Number: 00033600-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Sagman Stephen W
Bought by
Stephen W Sagman Declaration Of Trust and Sagman
Current Estimated Value
$2,042,901

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 13, 2023
Sold by
Levinson William and Levinson Julie
Bought by
Sagman Stephen W
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.57%

Purchase Details

Listed on
Oct 31, 2014
Closed on
Mar 20, 2015
Sold by
Griffin Linda Jean and Valdez Peter Daniel
Bought by
Levinson William and Livinson Julie
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.90%

Purchase Details

Closed on
Nov 4, 1997
Sold by
Valdez Peter D and Valdez Jean
Bought by
Grahl Eric J and Grahl Michele F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Stephen W Sagman Declaration Of Trust -- None Listed On Document
Sagman Stephen W $2,200,000 None Listed On Document
Levinson William $625,000 None Available
Grahl Eric J $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $2,200,000 -6.4% $1,399 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,350,000 +276.0% $1,495 / Sq Ft
03/24/2015 03/24/15 Sold $625,000 -10.6% $489 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $699,000 -- $547 / Sq Ft
Source: Key West Association 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 $6,968 $1,726,439 $934,178 $792,261
2023 $6,968 $818,899 $0 $0
2022 $6,670 $795,048 $0 $0
2021 $6,831 $771,892 $521,822 $250,070
2020 $7,277 $825,284 $572,072 $253,212
2019 $7,329 $824,511 $568,154 $256,357
2018 $7,727 $812,062 $553,711 $258,351
2017 $7,888 $815,183 $0 $0
2016 $6,618 $639,187 $0 $0
2015 $6,690 $628,695 $0 $0
2014 $2,038 $197,603 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2023

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    93 in this area

    195 Total Sales

    Team Kaufelt
    Section Image

  • J

    Buyer's Agent in 2023

    Juan Benitez

    Compass Realty (KW)

  • Juan Benitez Benitez

    Buyer's Agent in 2023

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    17 in this area

    50 Total Sales

    Juan Benitez Benitez
    Section Image

  • B

    Seller's Agent in 2015

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • Lynn Kaufelt

    Buyer's Agent in 2015

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    9 in this area

    18 Total Sales

    Lynn Kaufelt
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 604043

Key West Association of REALTORS®

APN: 00033600-000000

Florida Monroe County Key West 33040 Old Town

1209 Watson St, Key West, FL

This home is located at 1209 Watson St, Key West, FL 33040 since 02 February 2023 and is currently estimated at $2,042,901, approximately $1,299 per square foot. This property was built in 1958. 1209 Watson St 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.

Key West Association 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.

Nearby Homes