NOT LISTED FOR SALE

3371 SW Bobalink Way Palm City, FL 34990

Estimated Value: $397,000 - $428,139

2 Beds
2 Baths
1,711 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $425,000 $248 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,971/month

Highlights

  • Lake Front
  • Gated Community
  • Mediterranean Architecture
  • Citrus Grove Elementary School Rated A-
  • Cathedral Ceiling
  • Attic

About This Home

As of February 2023

Most beautiful long lake view comes with this lovely home in Ibis Point home! Popular very open 2 bedroom plan with updated large kitchen, 2 bathrooms and a 2 car garage with custom built ins. The kitchen has white cabinets which opens to an area that can be either be a breakfast area or sitting area overlooking the large screened lanai that has fantastic lake views! The A/C is 1 year old, a new hot water heater is being installed. The community offers 2 golf courses, one publice, one private, and optional memberships available to nearby grounds of The Village Club & Preserve, pools, tennis, pickleball, playground, basketball, dog park. For more information go to www.villageclubpreserve.com. Buyer is to pay a one time working fund contribution to the HOA of 3 months of fees of $927 at closing.

Last Agent to Sell the Property

Susan Andersen

Compass Florida, LLC License #672155 Listed on: 01/04/2023

Compass Florida, LLC

Co-Listed By

Kari Lydon

Compass Florida LLC License #3409370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1987

Lot Details

  • 4,948 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,711 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, internet, ground maintenance, reserve fund, security

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1987

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Architectural Style: Mediterranean
  • Co List Office Mls Id: 279599752
  • Co List Office Phone: 305-851-2820
  • Directions: Martin Downs Blvd. to entrance on Crane Creek Ave. for the Martin Downs Villages and Crane Creek, thru guarded gate to first right onto Bobalink Way. House is down on the left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.1136
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Ibis Point
  • Year Built: 1987
  • Ownership: Fee Simple
  • Attribution Contact: 305-851-2820
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Attic, Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Living/Dining Room, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1711.0
  • Stories: 1

Exterior Features

  • Construction Type: Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Lot Features: Lake Front
  • Patio And Porch Features: Patio, Screened
  • Pool Private: No
  • Roof: Barrel
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 309.0
  • Association: Yes
  • Community Features: Gated, Street Lights, Sidewalks, Trails/Paths
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Internet, Maintenance Grounds, Other, Reserve Fund, Security

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4676.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 10, 2023
Sold by
Short James P and Short Joanne C
Bought by
Bruce A Hodge Living Trust
Seller's Agent
Susan Andersen
Compass Florida, LLC
List Price
$339,000
Sold Price
$425,000
Premium/Discount to List
$86,000
25.37%
Views
43
Current Estimated Value
$412,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,715
Avg. Annual Appreciation
-1.12%

Purchase Details

Closed on
May 15, 2006
Sold by
Dobbs Pamela and Dobbs Michael
Bought by
Short James P and Short Joanne C

Purchase Details

Closed on
May 1, 1998
Sold by
Santee Richard E and Santee G
Bought by
Dobbs Pamela

Purchase Details

Closed on
Apr 3, 1991
Bought by
Short James P and Short Joanne C
Source: Public Records

Range of Values:

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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
Bruce A Hodge Living Trust $425,000 Horizon Title Services
Bruce A Hodge Living Trust $425,000 Horizon Title Services
Short James P $305,000 First American Title Ins Co
Dobbs Pamela $125,000 --
Short James P $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $425,000 -3.2% $248 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $439,000 +29.5% $257 / Sq Ft
01/04/2023 01/04/23 For Sale $339,000 -- $198 / 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 $5,800 $377,050 $155,000 $222,050
2024 $5,345 $367,110 $367,110 $217,110
2023 $5,345 $266,708 $0 $0
2022 $4,677 $242,462 $0 $0
2021 $4,205 $220,420 $90,000 $130,420
2020 $4,101 $216,960 $80,000 $136,960
2019 $4,027 $213,760 $75,000 $138,760
2018 $3,761 $208,260 $80,000 $128,260
2017 $3,059 $196,020 $95,000 $101,020
2016 $3,105 $177,400 $75,000 $102,400
2015 $2,616 $141,940 $44,000 $97,940
2014 $2,616 $143,140 $44,000 $99,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20037404

Martin County REALTORS® of the Treasure Coast

APN: 13-38-40-013-000-00930-9