NOT LISTED FOR SALE

8197 SE Villa Way Unit 2722 Hobe Sound, FL 33455

Estimated Value: $235,000 - $255,000

2 Beds
2 Baths
1,026 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 28, 2023

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

Est. 5% decrease in value since last sale

Current estimated payment $1,994/month

27 Days on Market

Highlights

  • Senior Community
  • Community Pool
  • Patio
  • Clubhouse
  • Breakfast Area or Nook
  • Ceramic Tile Flooring

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.

Last Listed By

Karin Bell

RE/MAX Properties License #BK0441691 Listed on: 03/31/2023

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1984

Lot Details

  • 16

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Villa
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 343842505000272244

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, pool(s), recreation facilities, reserve fund, trash
  • Villas Of Hobe Sound A Co Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 1984

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: US One North of Bridge RD
  • Year Built: 1984
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Living/Dining Room, Pantry
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1026.0
  • Stories: 1
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 410.0
  • Community Features: Clubhouse, Non-Gated, Pool
  • Senior Community: Yes
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pool(s), Recreation Facilities, Reserve Fund, Trash

Lot Info

  • Parcel #: 343842505000272244
  • Zoning Description: res

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2312.0

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%
Total Days on Market
27
Views
64
Current Estimated Value
$246,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,861
Avg. Annual Appreciation
-2.65%
Original Mortgage
$80,000
Outstanding Balance
$78,207
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$167,932

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
8.50%

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

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
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
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
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

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Map

Source: BeachesMLS

MLS Number: R10878163

BeachesMLS

APN: 34-38-42-505-000-27224-4