NOT LISTED FOR SALE

2007 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,121,000 - $1,572,529

6 Beds
3 Baths
2,087 Sq Ft
$636/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $689,000 $330 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,708/month

368 Days on Market

Highlights

  • Concrete Pool
  • Tile Flooring
  • Fenced
  • No HOA
  • 1-Story Property

About This Home

As of January 2015

Very appealing Tri Plex with pool, gross rent roll $5,650. per month. Renovated in 2007 - still looks great with its dyed stucco finish, v crimp hip roof and white picket fence. 3 electric meters and 3 water meters. @007 is the largest unit that is a 2/1 with an additional bed /office just out the back door as you enter the pool area, 2009 is a well detailed 2/1 and 2009 rear is surprisingly large 2/1 with a nice covered porch and private yard 24 hr to show after 10am never on sunday

Last Agent to Sell the Property

Edward Clark

Paradise Real Estate in Key West (KW) License #3008534 Listed on: 12/12/2013

Last Buyer's Agent

Edward Clark

Paradise Real Estate in Key West (KW) License #3008534 Listed on: 12/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Separate Meters

Community Details

  • No Home Owners Association
  • Sunshine Sub Plat 3 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,231

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4231.00
  • Year Built: 1950
  • Alternate Key Number: 1052141
  • Lot Sq Ft: 7000.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2087.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Range, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jan 8, 2015
Sold by
Patterson Avenue Partners Llc
Bought by
Cheng Yuk and Cheng Ngan
Seller's Agent
Edward Clark
Paradise Real Estate in Key West (KW)
Buyer's Agent
Edward Clark
Paradise Real Estate in Key West (KW)
List Price
$725,000
Sold Price
$689,000
Premium/Discount to List
-$36,000
-4.97%
Current Estimated Value
$1,327,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,632
Avg. Annual Appreciation
8.18%
Original Mortgage
$489,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Jolly Ramona Susan and Means Tammy Jane
Bought by
Patterson Avenue Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2001
Sold by
Doris A Erwin I
Bought by
Heck Ronald K and Cobb Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.02%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Cheng Yuk $689,000 None Available
Patterson Avenue Partners Llc $900,000 --
Heck Ronald K $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cheng Ngan $437,200
Closed Cheng Yuk $489,000
Previous Owner Patterson Avenue Partners Llc $895,000
Previous Owner Heck Ronald K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $689,000 -5.0% $330 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $725,000 -- $347 / 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 $8,364 $886,790 $521,640 $365,150
2023 $8,364 $876,646 $515,970 $360,676
2022 $7,640 $812,061 $442,260 $369,801
2021 $7,143 $669,148 $337,365 $331,783
2020 $7,060 $674,068 $334,530 $339,538
2019 $6,519 $597,176 $253,733 $343,443
2018 $6,950 $634,697 $283,500 $351,197
2017 $6,907 $618,758 $0 $0
2016 $7,167 $611,797 $0 $0
2015 $6,177 $535,218 $0 $0
2014 $5,272 $426,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edward Clark

    Paradise Real Estate in Key West (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119009

Florida Keys Board of REALTORS®

APN: 00051520-000000

Florida Monroe County Key West 33040 Mid Town

2007 Patterson Ave, Key West, FL

This home is located at 2007 Patterson Ave, Key West, FL 33040 since 12 December 2013 and is currently estimated at $1,327,632, approximately $636 per square foot. This property was built in 1950. 2007 Patterson Ave 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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