NOT LISTED FOR SALE

2605 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,385,000 - $1,799,864

6 Beds
4 Baths
2,659 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $720,000 $271 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,972/month

387 Days on Market

Highlights

  • 0.29 Acre Lot
  • Fruit Trees
  • No HOA
  • Home fronts a canal
  • Lanai
  • Workshop

About This Home

As of May 2017

TWO and ONE HALF LOTS!!! This midtown home is custom built. A family/play/vacation home with an updated kitchen, gracious living room, lanai, six bedrooms, 2 full baths, 1/2 bath and bonus shower. Tons of space to live and play. A two car garage, car port, storage, workshop, AND on-street parking on quiet cul de sac. Large seawall on a canal with water access for small skiff, jet ski, kayak, etc.

Last Agent to Sell the Property

Caroline Bauer

Key West Sales, LLC License #3011030 Listed on: 02/01/2016

Co-Listed By

Robin Van Mater

Key West Sales, LLC License #654348

Last Buyer's Agent

Caroline Bauer

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Home fronts a canal
  • Fenced
  • Fruit Trees

Home Design

  • Frame Construction

Interior Spaces

  • 2,659 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan

Parking

  • 2 Car Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Patio
  • Lanai

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00050790-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,318

Year Built

Built in 1955

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
  • 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: Yes
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3318.00
  • Vehicle Storage: Carport, Off Street Parking, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1955
  • Alternate Key Number: 1051403
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2659.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Storage
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Glass Doors, Single Hung Windows
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame
  • Exterior Features: Fencing, Lanai, Fruit Tree(s)
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00050790-000000
  • Lot Size: 125 X 100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
May 2, 2017
Sold by
Leonard Debra R
Bought by
Robert Edward and Robert Heidi L
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$1,572,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,716
Avg. Annual Appreciation
9.56%
Original Mortgage
$350,000
Outstanding Balance
$292,100
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,280,616

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 27, 2017
Sold by
Leonard Debra R and Ivey Gale L
Bought by
Roberts Edward and Roberts Heidi L
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$292,100
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,280,616

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 26, 2017
Sold by
Roberts Richard P
Bought by
Roberts Edward and Roberts Heidi L
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$292,100
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,280,616

Purchase Details

Closed on
Jul 12, 2001
Sold by
Will P Roberts Jr I
Bought by
Monroe Cnty Comprehensive Plan
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
Robert Edward $720,000 None Available
Roberts Edward -- Attorney
Roberts Edward -- None Available
Roberts Edward -- None Available
Monroe Cnty Comprehensive Plan $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Edward $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $720,000 -4.0% $271 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/01/2016 02/01/16 For Sale $750,000 -- $282 / 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 $8,000 $970,589 -- --
2023 $8,000 $942,320 $0 $0
2022 $7,636 $912,211 $0 $0
2021 $7,827 $885,642 $438,438 $447,204
2020 $7,815 $886,903 $434,625 $452,278
2019 $6,629 $704,602 $427,000 $277,602
2018 $6,415 $666,397 $388,875 $277,522
2017 $6,923 $710,039 $0 $0
2016 $7,135 $692,396 $0 $0
2015 $6,989 $658,628 $0 $0
2014 $3,318 $320,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caroline Bauer

    Seller's Agent in 2017

    Caroline Bauer

    Key West Sales, LLC

    (305) 731-3926

    12 in this area

    80 Total Sales

    Caroline Bauer
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Robin Van Mater

    Key West Sales, LLC

    (305) 797-6784

    4 in this area

    21 Total Sales

    Robin Van Mater
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122807

Florida Keys Board of REALTORS®

APN: 00050790-000000

Florida Monroe County Key West 33040 Mid Town

2605 Patterson Ave, Key West, FL

Not Listed for Sale

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