NOT LISTED FOR SALE

2427 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $579,886 - $711,000

1 Bed
1 Bath
663 Sq Ft
$978/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $350,000 $528 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,666/month

12 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Walk-In Closet
  • No HOA
  • Some Wood Windows
  • French Doors

About This Home

As of February 2017

A very charming one bedroom cottage located at the corner of Patterson Avenue and Seventh Street. This adorable cottage features a modern floor plan with a spacious living/dining and kitchen opening onto a large rear covered porch and huge back yard. There are tile floors throughout with built-in bookcases in the living area and recently updated kitchen and bath. The bedroom can accommodate a king

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 12/19/2016

Co-Listed By

Kenneth Edwards

Truman & Co. (KW) License #608312

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1918

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 663 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Balcony
  • Ground Level

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00050990-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,253

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3252.72
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1918
  • Alternate Key Number: 1051616
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 663.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Walk-in Closet(s)
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00050990-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2016
Closed on
Feb 17, 2017
Sold by
Gallagher Kristian M
Bought by
Urquhart Andrew James and Roth Robyn L
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$648,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,472
Avg. Annual Appreciation
7.28%
Original Mortgage
$280,000
Outstanding Balance
$231,828
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$416,644

Purchase Details

Listed on
Jan 24, 2014
Closed on
Apr 7, 2014
Sold by
Alfano Linda
Bought by
Gallagher Kristian M
Seller's Agent
Robin Van Mater
Key West Sales, LLC
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$324,900
Sold Price
$290,000
Premium/Discount to List
-$34,900
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$261,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Meynell Paul D and Alfano Linda
Bought by
Alfano Linda

Purchase Details

Closed on
Jul 16, 2001
Bought by
Gallagher Kristian M

Purchase Details

Closed on
Dec 1, 1995
Bought by
Gallagher Kristian M
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
Urquhart Andrew James $350,000 Attorney
Gallagher Kristian M $290,000 Attorney
Alfano Linda -- None Available
Gallagher Kristian M $230,000 --
Gallagher Kristian M $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquhart Andrew James $280,000
Previous Owner Gallagher Kristian M $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2017 02/17/17 Sold $350,000 -2.5% $528 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
12/19/2016 12/19/16 For Sale $359,000 +23.8% $541 / Sq Ft
04/09/2014 04/09/14 Sold $290,000 -10.7% $425 / Sq Ft View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $324,900 -- $476 / 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 $2,887 $340,731 -- --
2023 $2,887 $330,807 $0 $0
2022 $2,759 $321,172 $0 $0
2021 $2,803 $311,818 $0 $0
2020 $2,755 $307,513 $250,750 $56,763
2019 $2,734 $303,263 $246,500 $56,763
2018 $2,759 $301,361 $212,500 $88,861
2017 $3,062 $289,120 $0 $0
2016 $3,253 $309,307 $0 $0
2015 $2,992 $257,840 $0 $0
2014 $3,065 $288,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Emmons

    Seller's Agent in 2017

    Roger Emmons

    Truman & Co. (KW)

    (305) 304-7446

    22 in this area

    78 Total Sales

    Roger Emmons
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kenneth Edwards

    Truman & Co. (KW)

    (305) 304-0922

    18 in this area

    46 Total Sales

    Kenneth Edwards
    Section Image
  • Brenda Donnelly

    Buyer's Agent in 2017

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    33 in this area

    168 Total Sales

    Brenda Donnelly
    Section Image

  • R

    Seller's Agent in 2014

    Robin Van Mater

    Key West Sales, LLC

    (305) 797-6784

    4 in this area

    21 Total Sales

    Robin Van Mater
    Section Image

  • T

    Buyer's Agent in 2014

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573249

Florida Keys Board of REALTORS®

APN: 00050990-000000

Florida Monroe County Key West 33040 Mid Town

2427 Patterson Ave, Key West, FL

Not Listed for Sale

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