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2312 Patterson Avenue

2312 Patterson Avenue, Key West, FL 33040
House in Key West
Sold May 10, 2019
$667,000
$500,000 by First State Bank Of Forrest
Mortgage Due Jul 08, 2024
Sold Apr 01, 2002
$256,500
$205,200 by Phh Mtg Svcs
Mortgage
2312 Patterson Avenue in Key West, FL was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2312 Patterson Avenue has 1,438 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of metal. For those who need parking, there is a garage. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. While the interior walls are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2312 Patterson Avenue was last sold in May 8, 2019 for $667,000. According to our calculations, that's $463.84 per sqft. Prior to that sales transaction, the property was sold for $256,500 in Jan 1, 1970. Current property owners are expected to pay $5,624 in taxes per year. The property on 2312 Patterson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $735,273. To break that down further, the land itself was valued at $455,000. While improvements to the property were assessed at a total of $280,273. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Combination
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,438
  • Gross Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,438
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY WEST REALTY COS FIRST SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KW KW REALTY COS FIRST SUB PB1-43 LOT 15 SQR 41 TR 21 OR34-237/238 OR585-978D/C OR648-818/819 OR866-2077 OR868-433C OR1226-1461/62 OR1576-1328 OR1772-808/10 OR1772-811/819AFF OR2963-1253

Ownership

  • Current Owner : MCGREAL JAMES P
  • Current Owner 2: MCGREAL RUTH L
  • Previous Owner : MARILYN P SUMMERS LIVING TRUST
  • Owner Before Previous Owner: JOHN HANLON M
  • Owner Before Previous Owner 2: ESTHER M HANLON M

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972200

Zoning

  • Zoning: SF-2

Geography

  • Account Number: 1050857
  • Subdivision Tract Number: 21
  • Parcel: 00050250-000000
  • Lot: 15
  • Meridian: SEC 33 TWN 67S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5608
  • Longitude: -81.7776

    Address

  • Full Address: 2312 Patterson Ave
  • Address - House Number: 2312
  • Address - Street Name: Patterson
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Key West
  • Carrier Code: C031
  • 4-Digit Zip Code: 3816
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,624
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 1,221,183
  • High Value: 1,521,194
  • Low Value: 921,171

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK OF FORREST
  • First Open Lien Mortgage Recording Date: May 10, 2019
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 08, 2024

    Market Valuation

  • Market Total Value: $735,273
  • Market Land Value: $455,000
  • Market Improvement Value: $280,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,273
  • Assessed Land Value: $455,000
  • Assessed Improvements Value: $280,273

    Sales

  • Current Sale Contract Date: May 08, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11617590762
  • Current Sale Price: $667,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2219425
  • Previous Sale Recording Date: Apr 01, 2002
  • Previous Sale Amount: $256,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK OF FORREST
  • First Mortgage Transaction Date: May 10, 2019
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jul 08, 2024

    Previous Mortgages

  • Previous Mortgage Lender: PHH MTG SVCS
  • Previous Mortgage Transaction Date: Apr 01, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $205,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Key West



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Frequently Asked Questions

What neighborhood is 2312 Patterson Avenue located in?
The 2312 Patterson Avenue is a house located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 2312 Patterson Avenue?
The average sales price for units in 2312 Patterson Avenue is $699,000 , or $486/sqft. currently.

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