NOT LISTED FOR SALE

1116 NE Banyan Tree Dr Jensen Beach, FL 34957

Rio Neighborhood

Estimated Value: $341,000 - $370,000

2 Beds
1 Bath
1,608 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $81,000 $50 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $2,053/month

82 Days on Market

Highlights

  • Attached Carport
  • Jensen Beach High School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2013

The process has begun, but needs someone to come along and use their creative side to complete the picture. This two bedroom home is perfect for a first time homebuyer or a winter resident. Located in the quaint community of Rio it is close to Jensen's pristine beaches, great fishing. Thursday night at Jammin Jensen and fine dining. Home boasts beautiful tile floors and quality, solid, wood doors. If you like being creative don't miss your opportunity to turn this into your dream home!!! Call today!!

Last Agent to Sell the Property

Pamela Scholey

RE/MAX of Stuart License #544445 Listed on: 01/23/2013

RE/MAX of Stuart

Last Buyer's Agent

James McGlone

Jensen Beach Realty Inc. License #3008643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1968

Lot Details

  • 0.3

Home Design

  • 1,608 Sq Ft Home
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Attached Carport

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Carport Y N: Yes
  • Lot Size: 13199
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: BANYAN TERRACE COTTAGES UNREC
  • Year Built: 1968
  • Ownership: Fee Simple
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1608.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • Property Condition: Fixer
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport, Covered
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Sewer Available, Septic Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 936.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Cook Robert and Griffin Camden
Seller's Agent
Pamela Scholey
RE/MAX of Stuart
Buyer's Agent
James McGlone
Jensen Beach Realty Inc.
List Price
$84,900
Sold Price
$81,000
Premium/Discount to List
-$3,900
-4.59%
Current Estimated Value
$355,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,651
Avg. Annual Appreciation
13.15%
Original Mortgage
$79,365
Outstanding Balance
$57,293
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$312,641

Purchase Details

Closed on
Aug 14, 2012
Sold by
Randle Frederick
Bought by
Cook Robert and Griffin Camden

Purchase Details

Closed on
Aug 2, 2012
Sold by
Randle Frederick
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2001
Sold by
April A Moylan I
Bought by
Randle Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2000
Sold by
Sec Of Hud
Bought by
Moylan April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,700
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1995
Sold by
Westfall William G and Westfall Etha L
Bought by
Henderson Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,656
Interest Rate
7.48%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cook Robert $81,000 Attorney
Cook Robert $100 --
Federal National Mortgage Association -- None Available
Randle Frederick $81,900 --
Moylan April A $54,500 --
Henderson Paul L $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Robert $79,365
Previous Owner Randle Frederick $184,500
Previous Owner Randle Frederick $151,500
Previous Owner Randle Frederick $116,000
Previous Owner Moylan April A $65,500
Previous Owner Moylan April A $51,700
Previous Owner Henderson Paul L $61,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2013 05/14/13 Sold $81,000 -4.6% $50 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $84,900 -- $53 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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
2025 $1,387 $101,453 -- --
2024 $1,333 $98,594 -- --
2023 $1,333 $95,723 $0 $0
2022 $1,270 $92,935 $0 $0
2021 $1,245 $90,229 $0 $0
2020 $1,157 $88,984 $0 $0
2019 $1,135 $86,983 $0 $0
2018 $1,102 $85,361 $0 $0
2017 $727 $83,351 $0 $0
2016 $1,014 $81,637 $0 $0
2015 $983 $81,070 $46,200 $34,870
2014 $983 $81,930 $42,000 $39,930
Source: Public Records

Agents Affiliated with this Home

  • Pamela Scholey

    Seller's Agent in 2013

    Pamela Scholey

    RE/MAX

    (772) 285-4795

    24 Total Sales

    Pamela Scholey
    Section Image
  • James McGlone

    Buyer's Agent in 2013

    James McGlone

    Jensen Beach Realty Inc.

    (772) 398-1212

    40 Total Sales

    James McGlone
    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M367721

Martin County REALTORS® of the Treasure Coast

APN: 33-37-41-001-001-00080-7

Florida Martin County Jensen Beach 34957 Rio

1116 NE Banyan Tree Dr, Jensen Beach, FL

This home is located at 1116 NE Banyan Tree Dr, Jensen Beach, FL 34957 since 23 January 2013 and is currently estimated at $355,651, approximately $221 per square foot. This property was built in 1968. 1116 NE Banyan Tree Dr is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High 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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

Nearby Homes