NOT LISTED FOR SALE

2417 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,012,000 - $1,330,000

4 Beds
4 Baths
1,619 Sq Ft
$730/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $355,500 $220 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $6,615/month

53 Days on Market

Highlights

  • Spa
  • Skylights
  • French Doors
  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of March 2014

This 4/4 CBS house has two legal units and a well-apportioned lot with desirable privacy fencing. The main house is a 3/3 and includes a 1/1 lockout unit facing the rear garden that would make a fabulous master suite. The adjacent studio apartments affords rental income or guest quarters. There is room for a pool in this well-located residential neighborhood close to schools, shopping, and downtown Key West.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 01/13/2014

Co-Listed By

Meryl Berman

Sunshine State Realty Services

Last Buyer's Agent

Melva Wagner

Century 21 Prestige Realty Gro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,064

Year Built

  • Built in 1963

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • Carport

Home Design

  • Duplex

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Skylights
  • French Doors
  • Sliding Doors
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,064

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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: 4064.00
  • Vehicle Storage: Carport
  • Year Built: 1963
  • Alternate Key Number: 1051560
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Pool Info: Above Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1619.00
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Sky Light(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Microwave
  • Windows/Doors: French Doors, Sliding Glass Doors
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Hot Tub
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 25, 2014
Bought by
Matuszak Robert
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$333,000
Sold Price
$355,500
Premium/Discount to List
$22,500
6.76%
Current Estimated Value
$1,182,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,167
Avg. Annual Appreciation
10.79%
Original Mortgage
$275,196
Outstanding Balance
$213,692
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$968,975

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 21, 2014
Sold by
Cornfeld Jeffrey D and Matuszak Robert
Bought by
Matuszak Robert
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$333,000
Sold Price
$355,500
Premium/Discount to List
$22,500
6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,196
Outstanding Balance
$213,692
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$968,975

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 5, 2014
Sold by
The Bank Of New York Mellon
Bought by
Cornfeld Jeffrey D and Matuszak Robert
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$333,000
Sold Price
$355,500
Premium/Discount to List
$22,500
6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,196
Outstanding Balance
$213,692
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$968,975

Purchase Details

Closed on
Jan 3, 2014
Sold by
Black Regina R
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 19, 2004
Sold by
Moore Bruce E
Bought by
Black Regina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2003
Sold by
Visano Steve
Bought by
Moore Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2003
Sold by
Pack Raymond and Pack Judith
Bought by
Visano Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1997
Bought by
Matuszak Robert

Purchase Details

Closed on
Oct 1, 1988
Bought by
Matuszak Robert

Purchase Details

Closed on
Jun 1, 1983
Bought by
Matuszak Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matuszak Robert $100 --
Matuszak Robert -- None Available
Cornfeld Jeffrey D $355,500 Servicelink
The Bank Of New York Mellon $265,100 None Available
Black Regina R $675,000 --
Moore Bruce E $575,000 Chicago Title Of The Fl Keys
Visano Steve $485,000 Chicago Title Of The Fl Keys
Matuszak Robert $172,000 --
Matuszak Robert $119,000 --
Matuszak Robert $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matuszak Robert $275,196
Previous Owner Black Regina R $540,000
Previous Owner Moore Bruce E $460,000
Previous Owner Visano Steve $388,000
Closed Black Regina R $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $355,500 +6.8% $220 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $333,000 -- $206 / 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 $4,423 $535,220 -- --
2023 $4,423 $521,017 $0 $0
2022 $4,189 $501,545 $0 $0
2021 $4,196 $470,939 $0 $0
2020 $4,116 $465,617 $0 $0
2019 $4,005 $448,749 $0 $0
2018 $3,949 $433,480 $0 $0
2017 $3,930 $424,561 $0 $0
2016 $4,032 $416,761 $0 $0
2015 $4,037 $403,721 $0 $0
2014 $3,938 $338,673 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melva Borley

    Seller's Agent in 2014

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    75 Total Sales

    Melva Borley
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Meryl Berman

    Sunshine State Realty Services

  • M

    Buyer's Agent in 2014

    Melva Wagner

    Century 21 Prestige Realty Gro

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119177

Florida Keys Board of REALTORS®

APN: 00050940-000000

Florida Monroe County Key West 33040 Mid Town

2417 Patterson Ave, Key West, FL

Not Listed for Sale

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