NOT LISTED FOR SALE

2801 Patterson Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $787,000 - $1,091,000

3 Beds
2 Baths
1,439 Sq Ft
$659/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $600,000 $417 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,164/month

11 Days on Market

About This Home

As of October 2023

3/2 CBS house on a great street where the 3 latest sales were between $975K & $1.4M. Rehabbers dream. Lots of street parking. Possible RV/boat parking on this corner lot. Room for a pool. 100 ft from the McKillip Lake boat ramp with access to the Gulf and kayak access to the Riveria Canal and the Atlantic Ocean. Close to shopping, Doctor's offices, restaurants & schools.

Last Agent to Sell the Property

Roger Gillis

Old Town Realty License #3197698 Listed on: 09/24/2023

Last Buyer's Agent

Steven Wells

Paradise Real Estate in Key West (KW) License #3044412

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1809.88
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1071978
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 7126.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Clam Shell
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1439.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Microwave, Oven, Range
  • Floor: Tile, Terrazzo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Aluminum Windows, Double Hung Windows
  • Total Bedrooms: 3
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00068060-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Oct 31, 2023
Sold by
Casado Christy L
Bought by
Hughes John M and Hughes Tiffany M
Seller's Agent
Roger Gillis
Old Town Realty
Buyer's Agent
Steven Wells
Paradise Real Estate in Key West (KW)
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%
Views
16
Current Estimated Value
$947,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,935
Avg. Annual Appreciation
28.32%

Purchase Details

Closed on
Apr 14, 2010
Sold by
Casado Christine R and Casado Christy L
Bought by
Casado Christine R and Casado Christy L

Purchase Details

Closed on
Oct 5, 2009
Sold by
Casado Christine R
Bought by
Casado Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1984
Bought by
Casado Christine R L and Casado E
Source: Public Records

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
Hughes John M $600,000 None Listed On Document
Casado Christine R -- None Available
Casado Christy L -- Chicago Title Of The Florida
Casado Christine R L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casado Christy L $192,000
Previous Owner Casado Louis $90,000
Previous Owner Casado Louis $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $600,000 -20.0% $417 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $750,000 -- $521 / Sq Ft
Source: Key West Association 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 $1,897 $797,685 $596,589 $201,096
2023 $1,897 $212,367 $0 $0
2022 $1,810 $206,182 $0 $0
2021 $1,825 $200,177 $0 $0
2020 $1,793 $197,414 $0 $0
2019 $1,762 $192,976 $0 $0
2018 $1,750 $189,378 $0 $0
2017 $1,737 $185,483 $0 $0
2016 $1,774 $181,668 $0 $0
2015 $1,810 $180,405 $0 $0
2014 $1,887 $178,973 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Roger Gillis

    Old Town Realty

    Section Image

  • S

    Buyer's Agent in 2023

    Steven Wells

    Paradise Real Estate in Key West (KW)

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 606749

Key West Association of REALTORS®

APN: 00068060-000000

Florida Monroe County Key West 33040 New Town

2801 Patterson Ave, Key West, FL

This home is located at 2801 Patterson Ave, Key West, FL 33040 since 24 September 2023 and is currently estimated at $947,935, approximately $658 per square foot. This property was built in 1958. 2801 Patterson Ave is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori 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.

Key West Association 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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