NOT LISTED FOR SALE

2404 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $920,847 - $1,410,000

3 Beds
2 Baths
1,657 Sq Ft
$651/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2014

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

Est. 187% increase in value since last sale

Current estimated payment $6,081 / mo

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

5,000 Sq Ft Lot

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
$1,079,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,462
Avg. Annual Appreciation
9.13%
Original Mortgage
$281,250
Outstanding Balance
$208,663
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$870,799

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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gilbert Michael L $376,000 First Intl Title Inc
Wardlow Kenneth $70,000 --
Wardlow Kenneth $60,000 --
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 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

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 $3,889 $468,659 -- --
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

    39 in this area

    108 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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.