NOT LISTED FOR SALE

2404 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $927,159 - $1,326,000

3 Beds
2 Baths
1,657 Sq Ft
$641/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $376,000 $227 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $5,935/month

225 Days on Market

Highlights

  • Spa
  • Cathedral Ceiling
  • Granite Countertops
  • Fruit Trees
  • Wood Flooring
  • No HOA

About This Home

As of April 2014

$20,000 price reduction. Huge home for the price in the middle of Key West! Boasting nearly 1700 sq. ft. of living area, the sense of space is significant with this 3 bedroom and 2 bath home complete with an indoor heated swim spa. As one of the largest of Key West homes for sale for the price, floor plan highlights include a full dining room off of the kitchen, twin walk in closets in the master suite and the 14' x 20' volume room where the swim spa is located. The yard is completely fenced and offers covered off street parking and a large fixed storage shed, with an assortment of tropical fruit trees. Be sure to include 2404 Patterson Ave. in your home search when considering affordable 3 BR properties in Key West!

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 09/04/2013

Coldwell Banker Schmitt Real Estate Co. (KW)

Co-Listed By

Shannon Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #3023137

Last Buyer's Agent

Andrea Weitz

Prudential Knight Keyside Pro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • Carport
  • Off-Street Parking

Pool

  • Spa
  • Fiberglass Pool

Additional Features

  • Patio
  • Cooling System Mounted To A Wall/Window

Community Details

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

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1949

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: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1338.00
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1949
  • Alternate Key Number: 1051098
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Pool Info: Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1657.00
  • Pool Info Other: Auto Clean;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Other, Walk-in Closet(s), Smoke Alarms, Pull Down Stairs, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Hot Tub, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Apr 18, 2014
Sold by
Powell Richard B and Powell Bonnie G
Bought by
Gilbert Michael L and Gilbert Charlotte M
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Andrea Weitz
Prudential Knight Keyside Pro
List Price
$449,000
Sold Price
$376,000
Premium/Discount to List
-$73,000
-16.26%
Current Estimated Value
$1,062,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,540
Avg. Annual Appreciation
9.35%
Original Mortgage
$281,250
Outstanding Balance
$209,310
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$853,230

Purchase Details

Closed on
Aug 1, 1984
Bought by
Wardlow Kenneth and Wardlow Megan E

Purchase Details

Closed on
Aug 1, 1979
Bought by
Wardlow Kenneth and Wardlow Megan E
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

Date Buyer Sale Price Title Company
Gilbert Michael L $376,000 First Intl Title Inc
Wardlow Kenneth $70,000 --
Wardlow Kenneth $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Michael L $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $376,000 -16.3% $227 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $449,000 -- $271 / 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 $3,889 $455,451 -- --
2023 $3,818 $442,186 $0 $0
2022 $3,651 $429,307 $0 $0
2021 $3,722 $416,803 $0 $0
2020 $3,659 $411,049 $0 $0
2019 $3,603 $401,808 $0 $0
2018 $3,597 $394,316 $0 $0
2017 $3,551 $390,660 $0 $0
2016 $3,497 $363,115 $0 $0
2015 $3,388 $338,653 $0 $0
2014 $1,781 $172,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2014

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    67 in this area

    152 Total Sales

    Vic Musmanno
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Shannon Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 294-0123

    Shannon Musmanno
    Section Image

  • A

    Buyer's Agent in 2014

    Andrea Weitz

    Prudential Knight Keyside Pro

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118531

Florida Keys Board of REALTORS®

APN: 00050490-000000

Florida Monroe County Key West 33040 Mid Town

2404 Patterson Ave, Key West, FL

Not Listed for Sale

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