NOT LISTED FOR SALE

2427 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $578,811 - $717,000

1 Bed
1 Bath
663 Sq Ft
$972/Sq Ft Est. Value

Last Sold February 17, 2017

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

Est. 84% increase in value since last sale

Current estimated payment $3,850/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 Listed By

Roger Emmons

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

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%
Total Days on Market
12
Current Estimated Value
$644,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,703
Avg. Annual Appreciation
8.81%
Original Mortgage
$280,000
Interest Rate
4.2%
Mortgage Type
New Conventional

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

Range of Values:

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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
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 $275,800
Closed Urquhart Andrew James $280,000
Previous Owner Gallagher Kristian M $261,000
Previous Owner Alfano Linda $100,000
Previous Owner Meynell Paul D $194,000
Previous Owner Meynell Paul D $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    25 in this area

    91 Total Sales

    Roger Emmons
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kenneth Edwards

    Truman & Co. (KW)

  • Brenda Donnelly

    Buyer's Agent in 2017

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    35 in this area

    178 Total Sales

    Brenda Donnelly
    Section Image

  • R

    Seller's Agent in 2014

    Robin Van Mater

    Key West Sales, LLC

    (305) 797-6784

    5 in this area

    26 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

Homes for Sale in Key West, FL

This home is located at 2427 Patterson Ave, Key West, FL 33040 since 19 December 2016 and is currently estimated at $644,703, approximately $972 per square foot. This property was built in 1918. 2427 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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