NOT LISTED FOR SALE

2403 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $979,000 - $2,268,000

4 Beds
4 Baths
2,584 Sq Ft
$607/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $300,500 $116 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $8,748/month

122 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Bar
  • Central Air
  • Privacy Fence

About This Home

As of July 2013

Large 4 Bedroom / 4 Bath CBS home built in 2001 is centrally located in Midtown Key West. The back yard has a privacy wall with room for a pool and plenty of parking in the front.CASH OFFERS ONLY

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 02/25/2013

Last Buyer's Agent

Steven Eid

Sunshine State Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,885

Year Built

  • Built in 2001

Lot Details

  • 4,415 Sq Ft Lot
  • Privacy Fence

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00050900-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,885

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3885.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2001
  • Alternate Key Number: 9006515
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 4415.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2584.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Microwave, Range, Refrigerator, Oven
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00050900-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 21, 2013
Sold by
The Bank Of New York Mellon
Bought by
Meadows Michaele
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Steven Eid
Sunshine State Realty Services
List Price
$35,990,000
Sold Price
$300,500
Premium/Discount to List
-$35,689,500
-99.17%
Current Estimated Value
$1,567,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,266,833
Avg. Annual Appreciation
15.03%
Original Mortgage
$200,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2012
Sold by
Okeefe Stacy and Lopez Eloy M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 27, 2012
Sold by
Okeefe Stacy and Lopez Eloy M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 2, 2001
Sold by
Eloy M Lopez Jr I
Bought by
Lopez Eloy M and O'Keefe Stacy

Purchase Details

Closed on
Dec 5, 2000
Sold by
Hernandez John F and Barnes Vickey L
Bought by
Lopez Eloy M and O'Keefe Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Meadows Michaele $300,500 Landsafe Title
The Bank Of New York Mellon -- None Available
The Bank Of New York Mellon -- None Available
Lopez Eloy M -- --
Okeefe Stacy -- --
Lopez Eloy M $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Michaele Lee $380,000
Closed Meadows Michaele $99,000
Closed Meadows Michael $99,000
Closed Meadows Michaele Lee $350,000
Closed Meadows Michael Lee $350,000
Closed Meadows Michaele $55,000
Closed Meadows Michele $55,000
Closed Meadows Michaele Lee $300,000
Closed Meadows Michael Lee $300,000
Closed Meadowe Micheele $65,000
Closed Meadows Michaele $230,800
Closed Meadows Michaele $200,000
Closed Meadows Michaele $10,000
Previous Owner Okeefe Stacy D $435,000
Previous Owner Lopez Eloy M $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $300,500 -99.2% $116 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $35,990,000 -- $13,928 / 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 $5,649 $639,433 -- --
2023 $5,649 $630,658 $0 $0
2022 $5,246 $595,957 $0 $0
2021 $5,029 $517,267 $0 $0
2020 $4,999 $517,147 $0 $0
2019 $4,747 $484,153 $0 $0
2018 $4,961 $500,205 $0 $0
2017 $4,956 $492,137 $0 $0
2016 $4,944 $474,492 $0 $0
2015 $4,789 $436,951 $0 $0
2014 $4,334 $412,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melva Borley

    Seller's Agent in 2013

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    76 Total Sales

    Melva Borley
    Section Image

  • S

    Buyer's Agent in 2013

    Steven Eid

    Sunshine State Realty Services

  • S

    Buyer's Agent in 2013

    Steve Eid

    Sunshine State Realty Services

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117745

Florida Keys Board of REALTORS®

APN: 00050900-000100

Florida Monroe County Key West 33040 Mid Town

2403 Patterson Ave, Key West, FL

This home is located at 2403 Patterson Ave, Key West, FL 33040 since 25 February 2013 and is currently estimated at $1,567,333, approximately $606 per square foot. This property was built in 2001. 2403 Patterson Ave is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Grace Lutheran 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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