NOT LISTED FOR SALE

2016 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $722,763 - $949,000

2 Beds
1 Bath
800 Sq Ft
$1,033/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2019

Last sale price $505,000 $631 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,929 / mo

2 Days on Market

Highlights

  • RV Parking in Community
  • No HOA
  • Balcony
  • Deck
  • Stainless Steel Appliances
  • Storage

About This Home

As of September 2019

Come see this renovated, elevated, 2BD/1BA home in mid-town on a 5,000 sq. ft. lot. Recently updated bathroom, all new flooring, exterior and interior paint. Awesome yard space just landscaped! Conveniently located near schools, government offices and shopping centers. Off-street parking & a fantastic porches, perfect for entertaining guests or any visiting family members. There is even a ramp if stairs are an issue. Perfect home for the first time home buyer or anyone looking to get into the Key West area!

Last Agent to Sell the Property

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #3264225 Listed on: 08/01/2019

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Epperly & Blackwell TEAM

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3313232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • New Town Unrecord Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00049800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,248

Year Built

Built in 1949

Lot Details

5,000 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
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3247.82
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage, RV Parking Covered
  • Vehicle Storage Cars: 4+
  • Year Built: 1949
  • Alternate Key Number: 1050415
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 800.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: French Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer To Verify Square Footage.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Frame
  • Exterior Features: Fencing, Storage, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00049800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

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 1, 2019
Closed on
Sep 9, 2019
Sold by
Bought by
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%
Current Estimated Value
$826,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,441
Avg. Annual Appreciation
7.54%
Original Mortgage
$492,724
Outstanding Balance
$429,876
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$396,565

Purchase Details

Closed on
Dec 14, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$505,000 Attorney
$235,000 Attorney
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $492,724
Previous Owner $188,000
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
09/09/2019 09/09/19 Sold $505,000 -1.9% $631 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $515,000 -- $644 / 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 $5,585 $642,260 $485,000 $157,260
2024 $4,931 $737,653 $580,000 $157,653
2023 $4,931 $585,281 $455,000 $130,281
2022 $4,444 $526,847 $390,000 $136,847
2021 $4,095 $418,742 $297,500 $121,242
2020 $4,070 $417,769 $295,000 $122,769
2019 $4,005 $425,833 $290,000 $135,833
2018 $3,658 $362,239 $250,000 $112,239
2017 $3,407 $326,732 $0 $0
2016 $3,492 $317,413 $0 $0
2015 -- $140,837 $0 $0
2014 -- $139,719 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Spottswood

    Seller's Agent in 2019

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    28 in this area

    174 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2019

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    31 in this area

    205 Total Sales

    Terri Spottswood
    Section Image

  • E

    Buyer's Agent in 2019

    Epperly & Blackwell TEAM

    Berkshire Hathaway HomeServices Knight & Gardner Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586732

Florida Keys Board of REALTORS®

APN: 00049800-000000

Florida Monroe County Key West 33040 Mid Town

2016 Patterson Ave, 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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