NOT LISTED FOR SALE

2523 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,044,000 - $1,157,000

4 Beds
4.5 Baths
1,960 Sq Ft
$558/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $320,000 $163 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $6,656/month

144 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Central Air
  • No HOA
  • French Doors

About This Home

As of September 2012

Beautiful quiet residential neighborhood. Fantastic square footage for the price. This Bank Owned Key West property would make a great purchase for a first time home buyer or investment property. Beautiful French doors allow for great natural light. No Appliances included. For special financing and incentives, Seller requests potential Buyers contact Chase Loan Officer. Ask your agent for details.

Last Listed By

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 04/14/2012

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 2005

Lot Details

  • 5,000

Parking

  • Off-Street Parking

Interior Spaces

  • 1,960 Sq Ft Home
  • French Doors
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 5,000 Sq Ft Lot
  • Central Air

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,816

Year Built

Built in 2005

Lot Details

0

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: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: Other Terms
  • Selling Info: Terms modified several times throughout the deal
  • Side: Median
  • State Province: FL
  • Taxes: 3816.20
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking
  • Year Built: 2005
  • Alternate Key Number: 1051497
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1960.00
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Other
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Modular
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Zhang Yi Zhuang
Bought by
Zhang Shi Xing and Zheng Ai Ying
Total Days on Market
144
Current Estimated Value
$1,093,062

Purchase Details

Listed on
Apr 14, 2012
Closed on
Sep 13, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Zhang Shi Xing and Zheng Ai Ying
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$328,680
Sold Price
$320,000
Premium/Discount to List
-$8,680
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$224,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Southeast Power Marketing Consulting Inc
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 8, 2012
Sold by
Southeast Power Marketing Consulting Inc
Bought by
Jpmorgan Chase Bank National Association

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
Zhang Shi Xing $320,000 Chelsea Title Company
Jpmorgan Chase Bank National Association -- None Available
Jpmorgan Chase Bank National Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Shi Xing $224,000
Previous Owner Southeast Power Marketing Consulting Inc $230,700
Previous Owner Southeast Power Marketing Consulting Inc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $320,000 -2.6% $163 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $328,680 -- $168 / 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 $6,448 $903,027 $580,000 $323,027
2023 $6,448 $761,745 $455,000 $306,745
2022 $5,854 $703,962 $390,000 $313,962
2021 $5,426 $570,803 $297,500 $273,303
2020 $5,134 $539,576 $295,000 $244,576
2019 $5,156 $537,488 $290,000 $247,488
2018 $4,945 $503,311 $250,000 $253,311
2017 $4,893 $488,723 $0 $0
2016 $4,855 $460,935 $0 $0
2015 $4,554 $414,486 $0 $0
2014 $5,179 $462,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Forman

    Seller's Agent in 2012

    Scott Forman

    Royal Palms Realty (KW)

    (305) 923-9884

    8 in this area

    65 Total Sales

    Scott Forman
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116370

Florida Keys Board of REALTORS®

APN: 00050870-000000

Florida Monroe County Key West 33040 Mid Town

2523 Patterson Ave, Key West, FL

Homes for Sale in Key West, FL

This home is located at 2523 Patterson Ave, Key West, FL 33040 since 14 April 2012 and is currently estimated at $1,093,062, approximately $557 per square foot. This property was built in 2005. 2523 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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