$127,000
SOLD APR 3, 2017

8197 SE Villa Way Unit 2722 Hobe Sound, FL 33455

2 Beds
2 Baths
1,026 Sq Ft
$303/mo HOA Fee

Recently Sold

$124 Per Sq Ft

101,500% Above List Price

4 Days on Market

Highlights

  • Newly Remodeled
  • Clubhouse
  • Furnished
  • Senior Community
  • End Unit
  • Community Pool

About This Home

As of April 2023

This charming villa has been completely updated with newer wiring, plumbing, screening and more. It is being sold completely furnished with few exceptions. Quality furnishings dishes and linens. AC replaced 2005, Hot water tank replaced 2011. Accordion hurricane shutters. This home is truly a New England cottage in the heart of Hobe Sound. Minutes to beach, shopping and medical facilities. A must see!

Last Agent to Sell the Property

Carole Williamson

The Keyes Company - Hobe Sound License #600576 Listed on: 03/01/2017

Last Buyer's Agent

David Phipps

The Keyes Company - Hobe Sound License #3020591

The Keyes Company - Hobe Sound

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $950

Year Built

  • Built in 1984 | Newly Remodeled

Lot Details

  • End Unit
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $303 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Assigned Parking

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, ground maintenance, pool(s), recreation facilities, reserve fund
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$950

Year Built

Built in 1984 | Newly Remodeled

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Architectural Style: Ranch
  • Directions: US 1 to Dharlys,East, first left into the Villas of Hobe Sound
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Villas Hobe Sound Condo
  • Year Built: 1984
  • Year Built Details: New
  • Ownership: Fee Simple
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Humidifier
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Eat-in Kitchen, Master Downstairs, Living/Dining Room, Pantry
  • Living Area: 1026.0
  • Stories: 1
  • Window Features: Blinds, Sliding
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Frame
  • Disclosures: Deed Restriction, Seller Disclosure
  • Exterior Features: Sprinkler/Irrigation, Storm/Security Shutters
  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: New Construction
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 303.0
  • Association: Yes
  • Community Features: Clubhouse, Property Manager On-Site, Pool
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: Yes

Fee Information

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 950.0
  • Tax Year: 2016

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
$247,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,229
Avg. Annual Appreciation
-2.12%
Original Mortgage
$80,000
Outstanding Balance
$77,957
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$169,814

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
8.36%

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 Type Sale Price Title Company
Warranty Deed $260,000 Home Partners Title Services
Warranty Deed $136,500 Frim Title Corporation
Interfamily Deed Transfer -- Attorney
Warranty Deed $127,000 Homepartners Title Services
Interfamily Deed Transfer -- Attorney
Warranty Deed $130,000 --
Deed $56,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 New Conventional
Previous Owner $104,000 Fannie Mae Freddie Mac
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: 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 $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

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20003960

Martin County REALTORS® of the Treasure Coast

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