NOT LISTED FOR SALE

8197 SE Villa Way Unit 2722 Hobe Sound, FL 33455

Estimated Value: $230,739 - $258,000

2 Beds
2 Baths
1,026 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $260,000 $253 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,989/month

About This Home

As of April 2023

You can own this delightful 2 bedroom, 2 bath villa in sought-after community of Villas of Hobe Sound. Tile throughout, accordion shutters, eat in kitchen, 2 patios,turnkey. Move in condition. Only a short drive to the Hobe Sound beach, dining & shopping. 55+ community, pet restrictions apply. Don't miss this opportunity.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 26, 2023
Sold by
Edwards Ivan and Edwards Evelyn
Bought by
Richter Frances M and Richter William George
Seller's Agent
Karin Bell
RE/MAX Properties
List Price
$235,000
Sold Price
$260,000
Premium/Discount to List
$25,000
10.64%
Views
64
Current Estimated Value
$241,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,565
Avg. Annual Appreciation
-1.44%
Original Mortgage
$80,000
Outstanding Balance
$77,957
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$173,206

Purchase Details

Listed on
Feb 20, 2019
Closed on
Apr 4, 2019
Sold by
Phipps David G and Phipps Maureen
Bought by
Edwards Ivan and Edwards Evelyn
Seller's Agent
Carole Williamson
The Keyes Company - Hobe Sound
Buyer's Agent
David Russotti
Russotti Group
List Price
$140,000
Sold Price
$136,500
Premium/Discount to List
-$3,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Phipps David G and Phipps Maureen
Bought by
Phipps David G and Phipps Maureen

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 28, 2017
Sold by
Monahan Dona L and Monahan Dona L
Bought by
Phipps David G and Phipps Maureen
Seller's Agent
Carole Williamson
The Keyes Company - Hobe Sound
Buyer's Agent
David Phipps
The Keyes Company - Hobe Sound
List Price
$125
Sold Price
$127,000
Premium/Discount to List
$126,875
101500%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Jun 11, 2013
Sold by
Monahan Dona L
Bought by
Monahan Dona L and Dona L Monahan Revocable Trust

Purchase Details

Closed on
Apr 25, 2005
Sold by
Stahl Linda
Bought by
Monahan Dona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 1984
Bought by
Monahan Dona L Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Richter Frances M $260,000 Home Partners Title Services
Edwards Ivan $136,500 Frim Title Corporation
Phipps David G -- Attorney
Phipps David G $127,000 Homepartners Title Services
Monahan Dona L -- Attorney
Monahan Dona L $130,000 --
Monahan Dona L Tr $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter Frances M $80,000
Previous Owner Monahan Dona L $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $260,000 +10.6% $253 / Sq Ft
03/31/2023 03/31/23 For Sale $235,000 +72.2% $229 / Sq Ft
04/04/2019 04/04/19 Sold $136,500 -2.5% $133 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $140,000 +10.2% $136 / Sq Ft
04/03/2017 04/03/17 Sold $127,000 +101500.0% $124 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $125 -- $0 / Sq Ft

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 $3,498 $213,530 -- $213,530
2024 $2,638 $213,310 $213,310 $213,310
2023 $2,638 $141,086 $0 $0
2022 $2,312 $128,260 $0 $0
2021 $2,064 $116,600 $0 $0
2020 $1,849 $106,000 $0 $0
2019 $1,701 $101,000 $0 $0
2018 $1,494 $85,000 $0 $0
2017 $1,089 $72,000 $0 $0
2016 $950 $58,000 $0 $58,000
2015 $739 $51,000 $0 $51,000
2014 $739 $45,000 $0 $45,000
Source: Public Records

Agents Affiliated with this Home

  • Karin Bell

    Seller's Agent in 2023

    Karin Bell

    RE/MAX

    (561) 818-2331

    5 in this area

    51 Total Sales

    Karin Bell
    Section Image

  • C

    Seller's Agent in 2019

    Carole Williamson

    The Keyes Company - Hobe Sound

    Section Image
  • David Russotti

    Buyer's Agent in 2019

    David Russotti

    Russotti Group

    (772) 800-4054

    1 in this area

    60 Total Sales

    David Russotti
    Section Image

  • D

    Buyer's Agent in 2017

    David Phipps

    The Keyes Company - Hobe Sound

    Section Image
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Map

Florida Martin County Hobe Sound 33455

8197 SE Villa Way Unit 2722, Hobe Sound, FL

This home is located at 8197 SE Villa Way Unit 2722, Hobe Sound, FL 33455 and is currently estimated at $241,435, approximately $235 per square foot. 8197 SE Villa Way Unit 2722 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.

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