NOT LISTED FOR SALE

2807 Patterson Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $995,000 - $1,165,000

4 Beds
2 Baths
1,480 Sq Ft
$711/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $975,000 $659 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,945/month

53 Days on Market

About This Home

As of March 2023

Nicely maintained home in Key West. Centrally located on a large lot in a quiet neighborhood close to shopping. Beautiful inground pool with lots of privacy, perfect for entertaining. Several off-street parking spaces, with a large storage shed. Master bedroom includes ensuite bath, walk in closet, and French doors out to the pool. Additionally, the home offers Custom Bahama shutters, tile throughout, 3 additional bedrooms, and an open living area.

Last Agent to Sell the Property

Michael Petro

Expert Realty LLC (HQ) License #3139086 Listed on: 01/23/2023

Expert Realty LLC (HQ)

Co-Listed By

Curtis A. Skomp, CCIM

RE/MAX Keys Connection (KW) License #586474

Last Buyer's Agent

Caroline Stover Sickmen

eXp Realty LLC License #3390524

eXp Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,679

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4135.32
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1071994
  • Building Style: Ground Level
  • Lot Sq Ft: 6120.00
  • Pool Info: In Ground
  • License Info Number Of City License: 1
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1480.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Gas Appliances, Oven, Refrigerator, Dishwasher
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00068080-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 20, 2023
Sold by
Fecchio Pietro and Fecchio Jacqui R
Bought by
Degnan David and Degnan Monica
Seller's Agent
Michael Petro
Expert Realty LLC (HQ)
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$1,099,000
Sold Price
$975,000
Premium/Discount to List
-$124,000
-11.28%
Views
225
Current Estimated Value
$1,051,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,908
Avg. Annual Appreciation
2.98%
Original Mortgage
$450,000
Outstanding Balance
$436,859
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$612,629

Purchase Details

Closed on
May 7, 2001
Sold by
Pietro Fecchio M and Fecchio M Jacqui R
Bought by
Fecchio Pietro

Purchase Details

Closed on
Dec 17, 1999
Sold by
Grassi Thomas C and Grassi Sabrina J
Bought by
Fecchio Pietro and Fecchio Jacqui R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1993
Sold by
Vidal Alan S and Vidal Mary L
Bought by
Grassi Thomas Charles and Grassi Sabrina Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,494
Interest Rate
7.39%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 1979
Bought by
Fecchio Pietro and Fecchio Jacqui R
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
Degnan David $975,000 --
Fecchio Pietro -- --
Fecchio Pietro $265,000 --
Grassi Thomas Charles $127,000 --
Fecchio Pietro $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degnan David $450,000
Previous Owner Fecchio Pietro $135,000
Previous Owner Fecchio Pietro $198,750
Previous Owner Grassi Thomas Charles $127,494
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $975,000 -7.1% $659 / Sq Ft
02/01/2023 02/01/23 Price Changed $1,049,000 -4.5% $709 / Sq Ft
01/23/2023 01/23/23 For Sale $1,099,000 -- $743 / 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 $4,679 $498,339 -- --
2023 $4,679 $654,967 $0 $0
2022 $4,135 $559,942 $0 $0
2021 $3,818 $454,930 $0 $0
2020 $3,720 $444,802 $0 $0
2019 $3,707 $440,495 $0 $0
2018 $3,679 $430,633 $0 $0
2017 $3,662 $422,788 $0 $0
2016 $3,807 $418,324 $0 $0
2015 $3,725 $400,403 $0 $0
2014 $3,959 $410,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Petro

    Seller's Agent in 2023

    Michael Petro

    Expert Realty LLC (HQ)

    (305) 896-7300

    4 in this area

    37 Total Sales

    Michael Petro
    Section Image
  • Curtis A. Skomp, CCIM

    Seller Co-Listing Agent in 2023

    Curtis A. Skomp, CCIM

    RE/MAX

    (305) 304-0084

    5 in this area

    129 Total Sales

    Curtis A. Skomp, CCIM
    Section Image
  • Caroline Stover Sickmen

    Buyer's Agent in 2023

    Caroline Stover Sickmen

    eXp Realty LLC

    (305) 407-6790

    5 in this area

    49 Total Sales

    Caroline Stover Sickmen
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 603900

Key West Association of REALTORS®

APN: 00068080-000000

Florida Monroe County Key West 33040 New Town

2807 Patterson Ave, Key West, FL

This home is located at 2807 Patterson Ave, Key West, FL 33040 since 23 January 2023 and is currently estimated at $1,051,908, approximately $710 per square foot. This property was built in 1958. 2807 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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