NOT LISTED FOR SALE

8120 SE Pilots Cove Terrace Hobe Sound, FL 33455

Estimated Value: $1,097,000 - $1,316,000

4 Beds
3 Baths
2,564 Sq Ft
$464/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $470,000 $183 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $7,379/month

12 Days on Market

Highlights

  • Boat Dock
  • Boat Ramp
  • Cathedral Ceiling
  • South Fork High School Rated A-
  • Screened Pool
  • Screened Porch

About This Home

As of May 2012

THIS RENOVATED 4/3 CBS HOME HAS IT ALL! EXTENSIVELY REFURBISHED IN 2005 WITH A NEW METAL ROOF, NEW KITCHEN, FRENCH DOORS, ACCORDIAN STORM SHUTTERS, PLUS AN IN-HOUSE HOME THEATER WITH TIER SEATING, AND GENEROUS 40x18 HEATED POOL & SPA. THE SCREENED POOL AREA IS COMPLEMENTED WITH A VERY PRIVATE BACKYARD & ENORMOUS COVERED PATIO ACCENTED WITH A BEAUTIFUL TONGUE & GROOVE CEILING AND TRAVERTINE FLOORING. THIS HOME IS WELL MAINTAINED & HAS ALL THE EXTRAS! ALSO INCLUDED IS A DEEDED DOCK WITH 5000lb LIFT THAT CAN ACCOMMODATE UP TO A 28' BOAT.

Last Agent to Sell the Property

Anne Schmidt

Berkshire Hathaway Florida Realty License #3047473 Listed on: 04/19/2012

Berkshire Hathaway Florida Realty

Last Buyer's Agent

Arati Hammond

Keller Williams of the Treasure Coast License #3034537

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,971

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 111 x 150
  • Cul-De-Sac
  • North Facing Home

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,564 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Boat Ramp

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • Association fees include ground maintenance

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,971

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: US 1 TO OSPREY ST EAST TO GOMEZ AVE. TURN SOUTH TO PILOT'S COVE. HOUSE ON RIGHT.
  • Garage Yn: Yes
  • Lot Size: 111 x 150
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: PILOTS COVE
  • Year Built: 1997
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2564.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Disclosures: Seller Disclosure
  • Exterior Features: Storm/Security Shutters
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Heated, In Ground, Pool Equipment, Screen Enclosure, Solar Heat, Outside Bath Access
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront Features: Boat Ramp/Lift Access
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Sewer Available, Septic Available, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 42.0
  • Association: Yes
  • Community Features: Dock
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5971.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 31, 2012
Sold by
Merendino Laura A and Merendino John R
Bought by
Balcer Robert S and Balcer Linda L
Seller's Agent
Anne Schmidt
Berkshire Hathaway Florida Realty
Buyer's Agent
Arati Hammond
Keller Williams of the Treasure Coast
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Total Days on Market
12
Current Estimated Value
$1,189,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$719,853
Avg. Annual Appreciation
7.39%
Original Mortgage
$150,000
Outstanding Balance
$106,025
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,083,828

Purchase Details

Closed on
Feb 24, 2009
Sold by
Merendino John R and Merendino Laura A
Bought by
Merendino Laura A and Merendino John R

Purchase Details

Closed on
Mar 2, 2006
Sold by
Devocht Christian P and Devocht Ann M
Bought by
Merendino John R and Merendino Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1996
Sold by
Meyer Kenneth and Meyer Caryl
Bought by
Devocht Christian P
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 Buyer Sale Price Title Company
Balcer Robert S $470,000 Florida Title & Guarantee
Merendino Laura A -- Attorney
Merendino John R $599,000 Attorney
Devocht Christian P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balcer Robert S $150,000
Previous Owner Merendino John R $399,000
Previous Owner Devocht Christian P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $470,000 -6.0% $183 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $499,900 -- $195 / 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
2024 $8,203 $523,476 -- --
2023 $8,203 $508,230 $0 $0
2022 $7,926 $493,428 $0 $0
2021 $7,970 $479,057 $0 $0
2020 $7,846 $472,443 $0 $0
2019 $7,755 $461,822 $0 $0
2018 $7,567 $453,211 $0 $0
2017 $6,804 $443,888 $0 $0
2016 $7,017 $434,758 $0 $0
2015 $6,669 $431,736 $0 $0
2014 $6,669 $428,310 $99,000 $329,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M363452

Martin County REALTORS® of the Treasure Coast

APN: 34-38-42-125-000-00060-8