1209 Watson St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,790,000 - $2,507,000
2
Beds
3
Baths
1,572
Sq Ft
$1,359/Sq Ft
Est. Value
About This Home
As of April 2023A 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.
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
Total Days on Market
2
Current Estimated Value
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
-3.09%
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
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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 |
|---|---|---|---|
| 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
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
98 in this area
201 Total Sales
-
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
19 in this area
49 Total Sales
-
B
Seller's Agent in 2015
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
-
L
Buyer's Agent in 2015
Lynn Kaufelt
Truman & Co. (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 604043
APN: 00033600-000000
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