NOT LISTED FOR SALE

2425 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $843,851 - $898,000

4 Beds
2 Baths
1,440 Sq Ft
$606/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $335,475 $233 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,056/month

70 Days on Market

Highlights

  • No HOA
  • Patio
  • Fenced

About This Home

As of March 2015

This an Auction Property... Great Deal Ahead!!! Totally fenced with access via the front and the back alley way. Presently the home has two different tenants in which one lives in the front portion and one lives in the back portion. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold via auction. Please contact the listing agent for bidding instructions. Due to the property being occupied the Seller will offer a seller credit to the buyer at closing of $750.00

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 12/23/2014

Last Buyer's Agent

Susan Rich

Exit Realty Florida Keys BPK (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1943

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • 1,440 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Ground Level

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,651

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • 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: Bay/Gulf
  • State Province: FL
  • Taxes: 3651.00
  • Year Built: 1943
  • Alternate Key Number: 1051608
  • Building Style: Ground Level
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1440.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Floor: Other
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Other Roof
  • 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

Closed on
Oct 16, 2019
Sold by
Maouad Jad and Maouad Ghada
Bought by
Maouad Patterson Llc
Current Estimated Value
$872,463

Purchase Details

Listed on
Dec 23, 2014
Closed on
Mar 12, 2015
Sold by
U S Bank National Association
Bought by
Maouad Jad and Maouad Ghada
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Susan Rich
Exit Realty Florida Keys BPK (KW)
List Price
$339,800
Sold Price
$335,475
Premium/Discount to List
-$4,325
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Nov 24, 2014
Sold by
Janalik Robert
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 30, 2007
Sold by
Fisher Andrew and Fisher Lisa
Bought by
Janalik Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,550
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Bdm Llc
Bought by
Fisher Andrew and Fisher Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Caso Blanca
Bought by
Bdm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1973
Bought by
Maouad Jad and Maouad Ghada
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maouad Patterson Llc -- Attorney
Maouad Jad $335,475 First American Title Ins Co
U S Bank National Association -- Attorney
Janalik Robert $549,000 Chicago Title Of The Fl Keys
Fisher Andrew $465,000 Chicago Title Of The Florida
Bdm Llc $365,000 --
Maouad Jad $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janalik Robert $521,550
Previous Owner Fisher Andrew $99,900
Previous Owner Fisher Andrew $372,000
Previous Owner Bdm Llc $518,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $335,475 -1.3% $233 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $339,800 -- $236 / 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 $5,385 $777,230 $580,000 $197,230
2023 $5,385 $642,246 $455,000 $187,246
2022 $4,849 $577,350 $390,000 $187,350
2021 $4,478 $462,510 $297,500 $165,010
2020 $4,365 $451,482 $295,000 $156,482
2019 $4,374 $448,744 $290,000 $158,744
2018 $4,114 $411,005 $250,000 $161,005
2017 $4,021 $393,609 $0 $0
2016 $4,061 $376,056 $0 $0
2015 $3,669 $325,699 $0 $0
2014 -- $354,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • S

    Buyer's Agent in 2015

    Susan Rich

    Exit Realty Florida Keys BPK (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120843

Florida Keys Board of REALTORS®

APN: 00050980-000000

Florida Monroe County Key West 33040 Mid Town

2425 Patterson Ave, Key West, FL

This home is located at 2425 Patterson Ave, Key West, FL 33040 since 23 December 2014 and is currently estimated at $872,463, approximately $605 per square foot. This property was built in 1943. 2425 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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