$1,147,500
SOLD MAR 14, 2025
2 Beds
2 Baths
703 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$1,632 Per Sq Ft

4% Below List Price

50 Days on Market

About This Home

As of March 2025

Welcome to 1213 Watson St, a charming tropical retreat located in the heart of Old Town Key West! This updated and beautifully maintained cottage exudes character and tranquility, surrounded by lush greenery and vibrant foliage. The ivy-covered exterior and inviting entry create a picture-perfect escape. Inside, you'll find cozy living spaces filled with natural light, blending modern conveniences with timeless charm. The two bedroom and one bathroom main house features cathedral ceilings, hardwood floors, a chef's kitchen, and an office area. Additionally, there is a bonus space with a full bathroom, perfect for use as a guest cottage, artist's studio, or home gym. The property boasts off-street parking, mature landscaping, outdoor dining and lounge space and a laundry shed, just minutes from iconic Key West attractions, shopping, dining, and beaches, all in the ''X'' flood zone. Home may be offered furnished for a turn-key transaction. Whether you're searching for a vacation home, rental property, or your own slice of paradise, this home is a must-see!

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 12/26/2024

Last Buyer's Agent

Wendy Zintsmaster

Truman & Co. (KW) License #681792

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

1933

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
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2750.43
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 1034525
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 2520.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 703.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2
  • Sq Ft Remarks: does not include bonus space

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033620-000000
  • Lot Size: 27 X 100 approx.
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Mar 14, 2025
Sold by
Dlugitch David Marc and Resk Martha Elaine
Bought by
Feather Ronald Lynn and Feather Melissa Ann
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,195,000
Sold Price
$1,147,500
Premium/Discount to List
-$47,500
-3.97%
Views
49
Current Estimated Value
$1,114,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,490
Avg. Annual Appreciation
-4.82%
Original Mortgage
$918,000
Outstanding Balance
$913,320
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$200,691

Purchase Details

Closed on
Jul 1, 2008
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Dlugitch David Marc and Resk Martha Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2008
Sold by
Crespo Danilo A and Crespo Barbara B
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Dec 20, 2006
Sold by
Crespo Danilo A
Bought by
Crespo Danilo A and Crespo Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2005
Sold by
Crespo Desiree Nicole and Stirrup Desiree Nicole
Bought by
Crespo Danilo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $1,147,500 None Listed On Document
Warranty Deed $1,147,500 None Listed On Document
Special Warranty Deed $220,000 Attorney
Trustee Deed -- Attorney
Trustee Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Of The Fl Keys
Warranty Deed $580,000 Chicago Title Florida Keys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $918,000 New Conventional
Closed $918,000 New Conventional
Previous Owner $198,000 Unknown
Previous Owner $460,000 Unknown
Previous Owner $464,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $1,147,500 -4.0% $1,632 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $1,195,000 -- $1,700 / 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 $2,750 $323,894 -- --
2023 $2,750 $314,461 $0 $0
2022 $2,628 $305,302 $0 $0
2021 $2,668 $296,410 $0 $0
2020 $2,622 $292,318 $0 $0
2019 $2,580 $285,746 $0 $0
2018 $2,570 $280,419 $0 $0
2017 $2,555 $274,652 $0 $0
2016 $2,622 $269,003 $0 $0
2015 $2,675 $267,133 $0 $0
2014 $2,744 $265,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612849

Key West Association of REALTORS®

APN: 00033620-000000