NOT LISTED FOR SALE

8221 SE Palm Hammock Ln Hobe Sound, FL 33455

Lost Lake Neighborhood

Estimated Value: $628,000 - $686,000

3 Beds
2 Baths
2,181 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $519,000 $238 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,320/month

3 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • South Fork High School Rated A-
  • Heated Pool
  • Clubhouse

About This Home

As of July 2021

OFFERS WILL BE REVIEWED TUESDAY EVENING THE 22ND.THIS HOME WILL NOT LAST!!!THIS IS A BEAUTIFUL 3 BEDROOM, 2 BATH HOME WITH OFFICE/DEN. 1 STORY, SINGLE FAMILY DETACHED DIVOSTA BUILT OAKMONT MODEL WITH A SCREENED IN POOL ON FAZIO DESIGNED GOLF COURSE WITH LAKE VIEW EAST EXPOSURE IN THE SOUGHT AFTER COMMUNITY OF LOST LAKE. UNLIKE ALL THE OTHER OAKMONT MODELS, THIS HOME HAS THE EXTENDED KITCHEN/LIVING AREA FOR MORE SQUARE FOOTAGE. LARGE, DOUBLE MASTER BATH. NEW ROOF IS LESS THAN 1 YEAR OLD, HOT WATER HEATER LESS THAN 2 YEARS OLD, A/C UNIT UNDER 4 YEARS OLD, WHOLE HOUSE WATER SOFTENER SYSTEM, BEAUTIFUL LAMINATE FLOORS. THIS COMMUITY DOES NOT REQUIRE A GOLF MEMB

Last Agent to Sell the Property

Paul Scaletta

NV Realty Group, LLC License #3385264 Listed on: 06/16/2021

NV Realty Group, LLC

Last Buyer's Agent

Dawn Van Dyke

RE/MAX of Stuart License #3035027

RE/MAX of Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,423

Year Built

  • Built in 1995

Lot Details

  • 7,187 Sq Ft Lot
  • Lake Front
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,181 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Single Hung Metal Windows
  • Arched Windows
  • Sliding Windows
  • Great Room
  • Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 013941001000032305

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, recreation facilities, reserve fund, security
  • Double Tree A Pud (All Pl Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,423

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 TO SEABRANCH TO LOST LAKE GATED ENTRANCE.
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Living Area: 2181.0
  • Dining Room Type: Den, Great Room, Laundry, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Arched, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Lake, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Park, Pickleball, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 013941001000032305
  • Lot Size Sq Ft: 7187.0
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5423.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 20, 2021
Sold by
Corton Edward Francis and Corton Theresa Marie
Bought by
Hess Marissa Lin and Hess Andrew S
Seller's Agent
Paul Scaletta
NV Realty Group, LLC
Buyer's Agent
Dawn Van Dyke
RE/MAX of Stuart
List Price
$499,000
Sold Price
$519,000
Premium/Discount to List
$20,000
4.01%
Current Estimated Value
$655,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,010
Avg. Annual Appreciation
5.92%
Original Mortgage
$507,640
Outstanding Balance
$463,003
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$192,007

Purchase Details

Listed on
Nov 27, 2016
Closed on
Mar 11, 2017
Sold by
Dinehart Robert
Bought by
Corton Edward Francis and Corton Theresa Marie
Seller's Agent
Nicholas D'Alessio
Illustrated Properties/Hobe So
Buyer's Agent
Constance Huntoon
KW Reserve
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$350,000
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2011
Sold by
Teachout Beatrice
Bought by
Beatrice I Teachout Trust and Dinehart Robert

Purchase Details

Closed on
Mar 15, 1995
Sold by
Double Tree Inc
Bought by
Teachout Frank and Teachout Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.89%

Purchase Details

Closed on
Jan 1, 1901
Bought by
Beatrice I Teachout Trust
Source: Public Records

Range of Values:

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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
Hess Marissa Lin $519,000 Signature Title Fl Partners
Corton Edward Francis $370,000 Attorney
Beatrice I Teachout Trust -- Attorney
Teachout Frank $192,800 --
Beatrice I Teachout Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Marissa Lin $507,640
Previous Owner Corton Edward Francis $22,700
Previous Owner Corton Edward F $336,000
Previous Owner Corton Edward Francis $350,000
Previous Owner Teachout Frank $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $519,000 +4.0% $238 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $499,000 +34.9% $229 / Sq Ft
03/14/2017 03/14/17 Sold $370,000 -2.4% $170 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
11/27/2016 11/27/16 For Sale $379,000 -- $174 / 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 $5,807 $378,649 -- --
2024 $5,693 $367,978 -- --
2023 $5,693 $357,261 $0 $0
2022 $5,494 $346,856 $0 $0
2021 $5,534 $338,164 $0 $0
2020 $5,423 $333,496 $0 $0
2019 $5,338 $325,998 $0 $0
2018 $5,206 $319,920 $120,000 $199,920
2017 $3,552 $251,476 $0 $0
2016 $3,813 $246,305 $0 $0
2015 -- $244,593 $0 $0
2014 -- $242,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10724539

BeachesMLS

APN: 01-39-41-001-000-03230-5