NOT LISTED FOR SALE

245 S Beach Rd Hobe Sound, FL 33455

Jupiter Island Neighborhood

Estimated Value: $4,862,000

9 Beds
10.5 Baths
7,252 Sq Ft
$670/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $9,000,000 $1,241 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $30,766/month

320 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Deck
  • South Fork High School Rated A-
  • 96,480 Sq Ft lot
  • Wood Flooring

About This Home

As of June 2016

An elegant home on a prime oceanfront lot, #245 SBR perfectly represents the Jupiter Island lifestyle. The lot's width and depth +/- 241x402 ensure the ultimate in peace and privacy while also offering multiple options for landscape design. The house is a true Bermuda plan and was designed to maximize views and ocean breezes at all angles. Originally built in 1957 the home was lovingly updated, modernized and expanded in 2007. There are wonderful spaces throughout the home for entertaining, private ref

Last Agent to Sell the Property

Adrian Reed

Fenton & Lang License #3020597 Listed on: 07/06/2015

Last Buyer's Agent

Alita Reed

Fenton & Lang License #0609606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,246

Year Built

  • Built in 1957

Lot Details

  • 2.21 Acre Lot
  • Ocean Front
  • East Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 7,252 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Ocean Views
  • Impact Glass

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Jupiter Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 353842010000000319

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,246

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Beach road south to 245
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Fireplace, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 7252.0
  • Dining Room Type: Family Room, In-Law Suite, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Porch, Patio
  • View: Ocean
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 353842010000000319
  • Lot Size Sq Ft: 96480.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 136246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Jun 21, 2016
Sold by
Falcone Charles M
Bought by
Phillips Charles G and Phillips Candace R
Seller's Agent
Adrian Reed
Fenton & Lang
Buyer's Agent
Alita Reed
Fenton & Lang
List Price
$13,925,000
Sold Price
$9,000,000
Premium/Discount to List
-$4,925,000
-35.37%
Current Estimated Value
$4,862,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,138,000
Avg. Annual Appreciation
-4.01%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Coleman John B
Bought by
Falcone Nola M

Purchase Details

Closed on
Jan 31, 1992
Bought by
Phillips Charles G and Phillips Candace 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
Phillips Charles G -- None Available
Falcone Nola M $1,300,000 --
Phillips Charles G $771,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Candace R $5,000,000
Closed Phillips Charles G $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $9,000,000 -35.4% $1,241 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
07/06/2015 07/06/15 For Sale $13,925,000 -- $1,920 / Sq Ft
Source: BeachesMLS

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 $186,690 $11,385,768 -- --
2024 $183,554 $11,064,887 -- --
2023 $183,554 $10,742,609 $0 $0
2022 $178,561 $10,429,718 $0 $0
2021 $179,388 $10,125,940 $7,580,000 $2,545,940
2020 $175,435 $9,805,520 $7,340,000 $2,465,520
2019 $146,669 $8,124,260 $7,340,000 $784,260
2018 $148,220 $8,121,980 $7,340,000 $781,980
2017 $146,644 $8,230,630 $6,860,000 $1,370,630
2016 $150,304 $8,278,990 $6,860,000 $1,418,990
2015 $130,797 $7,478,363 $0 $0
2014 $130,797 $7,419,011 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adrian Reed

    Fenton & Lang

  • A

    Buyer's Agent in 2016

    Alita Reed

    Fenton & Lang

See All Agents

Map

Source: BeachesMLS

MLS Number: R10149591

BeachesMLS

APN: 35-38-42-010-000-00031-9

Florida Martin County Hobe Sound 33455 Jupiter Island

245 S Beach Rd, Hobe Sound, FL

This home is located at 245 S Beach Rd, Hobe Sound, FL 33455 since 06 July 2015 and is currently estimated at $4,862,000, approximately $670 per square foot. This property was built in 1957. 245 S Beach Rd is a home located in Martin County with nearby schools including Hobe Sound Elementary School, Murray Middle School, and South Fork 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.

BeachesMLS 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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