NOT LISTED FOR SALE

2605 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,188,000 - $2,006,150

6 Beds
4 Baths
2,659 Sq Ft
$615/Sq Ft Est. Value

Last Sold May 03, 2017

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

Est. 127% increase in value since last sale

Current estimated payment $9,816/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 Listed By

Caroline Bauer

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

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
  • Control Depth: 2
  • 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%
Total Days on Market
387
Current Estimated Value
$1,634,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,538
Avg. Annual Appreciation
9.98%
Original Mortgage
$350,000
Outstanding Balance
$297,518
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,254,132

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
$297,518
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,254,132

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
$297,518
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,254,132

Purchase Details

Closed on
Jul 12, 2001
Sold by
Will P Roberts Jr I
Bought by
Monroe Cnty Comprehensive Plan

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
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 Change Sq Ft Price
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

    86 Total Sales

    Caroline Bauer
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Robin Van Mater

    Key West Sales, LLC

    (305) 797-6784

    5 in this area

    26 Total Sales

    Robin Van Mater
    Section Image
See All Agents

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

Homes for Sale in Key West, FL

This home is located at 2605 Patterson Ave, Key West, FL 33040 since 01 February 2016 and is currently estimated at $1,634,538, approximately $614 per square foot. This property was built in 1955. 2605 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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