$3,300,000
SOLD JAN 25, 2013

488 S Beach Rd Hobe Sound, FL 33455

Jupiter Island Neighborhood
2 Beds
2.5 Baths
3,906 Sq Ft
1.41 Acres

Recently Sold

$845 Per Sq Ft

6% Below List Price

35 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Wood Flooring
  • South Fork High School Rated A-
  • Vaulted Ceiling
  • Loft

About This Home

As of February 2022

Enjoy the sunset and wide Intracoastal views from the terrace of this 3900 square foot residence. 175' of waterfront plus new dock. It is possible to build new house up to 8500 square feet and a guest house, if one is desired. Eighty feet of private deeded beach access can be found directly across the street, providing ocean access to one of the deepest and wildest secluded beaches on the Island. The path's 80' width can accommodate a golf cart or gator to easily bring all the necessary gear and provisions for a relaxed day of surfing or fishing at the beach or a fun family picnic.

Last Agent to Sell the Property

Susan Turner

The Corcoran Group License #3233443 Listed on: 11/20/2012

The Corcoran Group

Last Buyer's Agent

Joanne Wagner

Fenton & Lang License #0678919

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,213

Year Built

  • Built in 1979

Lot Details

  • Property fronts an intracoastal waterway
  • Property is zoned B-40

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Loft
  • Sun or Florida Room
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 353842011000001406

Community Details

Overview

  • Jupiter Island Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,213

Year Built

Built in 1979

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 Rd. bridge north to 488 on left.
  • Year Built: 1979
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Split Bedrooms, Skylights, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 3906.0
  • Dining Room Type: Family Room, Florida Room, Loft, Porch
  • Stories: 2
  • Window Features: Sliding, Skylight(s)

Exterior Features

  • View: Intercoastal
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Concrete, Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 353842011000001406
  • Zoning Description: B-40

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 22213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 8, 2022
Sold by
Jennifer Banks
Bought by
M Southern Command Llc
Seller's Agent
Leila Kallop
William Raveis Real Estate
Buyer's Agent
Kevin Dickenson
Berkshire Hathaway HomeSvs FL
List Price
$15,900,000
Sold Price
$14,050,000
Premium/Discount to List
-$1,850,000
-11.64%
Current Estimated Value
$16,009,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,959,938
Avg. Annual Appreciation
3.85%

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 26, 2022
Sold by
Robert A Hanson Trust
Bought by
Susan N Greenberg Declaration Of Trust
Seller's Agent
Leila Kallop
William Raveis Real Estate
Buyer's Agent
Kevin Dickenson
Berkshire Hathaway HomeSvs FL
List Price
$15,900,000
Sold Price
$14,050,000
Premium/Discount to List
-$1,850,000
-11.64%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Banks Jenny and Banks George W
Bought by
Banks Jennifer and Personal Residence Trust

Purchase Details

Closed on
Dec 29, 2017
Sold by
Banks Jenny
Bought by
Banks George W and Banks Jennifer

Purchase Details

Closed on
Apr 4, 2017
Sold by
Banks Geroge W
Bought by
Banks Jenny and Banks Hobe Sound 2017 Irrevocable Dynast

Purchase Details

Listed on
Nov 20, 2012
Closed on
Jan 25, 2013
Sold by
Wasilov Alex and Wasilov Jane
Bought by
Banks George W
Seller's Agent
Susan Turner
The Corcoran Group
Buyer's Agent
Joanne Wagner
Fenton & Lang
List Price
$3,500,000
Sold Price
$3,300,000
Premium/Discount to List
-$200,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$2,500,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Pardun Marjorie and Pardun Greff A
Bought by
Wasilov Alex and Wasilov Jane

Purchase Details

Closed on
Mar 3, 2011
Sold by
Pardun George W Estate
Bought by
Banks George W

Purchase Details

Closed on
Jan 26, 1999
Sold by
Pardun George W and Pardun Marjorie L
Bought by
Pardun George W

Purchase Details

Closed on
Feb 1, 1996
Sold by
Doezma John M and Doezma Judith K
Bought by
Pardun George W and Pardun Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $14,050,000 Johnson Lorraine M
Deed $13,000,000 Marc R Gaylord Pa
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,300,000 Attorney
Warranty Deed $2,664,000 Attorney
Deed $100 --
Warranty Deed $100 --
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,900,000 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $1,210,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $14,050,000 -11.6% $2,597 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $15,900,000 +381.8% $2,938 / Sq Ft
01/25/2013 01/25/13 Sold $3,300,000 -5.7% $845 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $3,500,000 -- $896 / 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 $131,480 $8,535,923 -- --
2024 $133,176 $7,759,930 $7,759,930 $19,930
2023 $133,176 $7,760,560 $7,760,560 $20,560
2022 $136,529 $7,942,690 $5,395,000 $2,547,690
2021 $60,899 $3,464,538 $0 $0
2020 $60,397 $3,416,705 $0 $0
2019 $59,559 $3,339,888 $0 $0
2018 $59,073 $3,277,612 $0 $0
2017 $56,469 $3,210,198 $0 $0
2016 $56,346 $3,144,170 $0 $0
2015 $49,762 $3,122,313 $0 $0
2014 $49,762 $2,847,580 $2,591,500 $256,080
Source: Public Records

Agents Affiliated with this Home

  • Leila Kallop

    Seller's Agent in 2022

    Leila Kallop

    William Raveis Real Estate

    (772) 678-9598

    10 in this area

    13 Total Sales

    Leila Kallop
    Section Image
  • Kevin Dickenson

    Buyer's Agent in 2022

    Kevin Dickenson

    Berkshire Hathaway HomeSvs FL

    (561) 262-8243

    1 in this area

    31 Total Sales

    Kevin Dickenson
    Section Image
  • Susan Turner

    Seller's Agent in 2013

    Susan Turner

    The Corcoran Group

    (561) 371-8447

    40 in this area

    65 Total Sales

    Susan Turner
    Section Image

  • J

    Buyer's Agent in 2013

    Joanne Wagner

    Fenton & Lang

See All Agents

Map

Source: BeachesMLS

MLS Number: R3326119

BeachesMLS

APN: 35-38-42-011-000-00140-6

Florida Martin County Hobe Sound 33455 Jupiter Island

488 S Beach Rd, Hobe Sound, FL

This home is located at 488 S Beach Rd, Hobe Sound, FL 33455 and is currently priced at $3,300,000, approximately $844 per square foot. This property was built in 1979. 488 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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