NOT LISTED FOR SALE

8308 SE Pine Cir Hobe Sound, FL 33455

Estimated Value: $447,847 - $576,000

2 Beds
2 Baths
1,992 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $205,000 $103 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,199/month

42 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Jalousie or louvered window
  • South Fork High School Rated A-
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of September 2016

This is a great opportunity to own an income producing duplex in a quiet neighborhood in south Hobe Sound with the potential to lease $1,000 on each side. You can even live in one side, and rent the other! Each side has 2 beds, 1 bath and faces north and south so whether you're under your front patio or back screened porch, you can enjoy the shade all day long! Unit 8308 has a new Bath and new wood laminate floors throughout. CBS Duplex. NO HOA! Have your toes in the beach sand in 5 minutes. I-95 in 10 minutes. A Rated Martin County Schools.

Last Agent to Sell the Property

Jeffrey Parks

Inactive Member License #3229077 Listed on: 07/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1978

Lot Details

  • 7,492 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Screened Porch
  • Water Views

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $20,400
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 343842037000003309

Community Details

Overview

  • 2 Units
  • Pine Ridge Subdivision

Building Details

  • Operating Expense $6,700
  • Net Operating Income $13,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,416

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US1 just north of Bridge Rd, take a left at the BB&T on SE Pine Cir. Follow around to the property on the left.
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Wood
  • Living Area: 1992.0
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 343842037000003309
  • Current Use: Farm
  • Lot Size Sq Ft: 7492.0
  • Zoning Description: 08 / MUL
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 13700.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6700.0
  • Total Actual Rent: 20400.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2416.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
Hughes William B and Hughes Virginia C
Bought by
Ombres Sharon H and Ombres Robert A
Current Estimated Value
$504,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$135,260
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$369,702

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 12, 2016
Sold by
Kuller Robert
Bought by
Hughes William B and Hughes Virginia C
Seller's Agent
Jeffrey Parks
Inactive Member
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Jun 23, 2006
Sold by
Rohl Davis V and Rohl Irell
Bought by
Kuller Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1982
Bought by
Kuller Robert
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
Ombres Sharon H $205,000 Attorney
Hughes William B $205,000 None Available
Kuller Robert $250,000 Stewart Title Of Martin Coun
Kuller Robert $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ombres Sharon H $153,750
Previous Owner Kuller Robert $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $205,000 -6.8% $103 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $220,000 -- $110 / 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 $5,359 $280,228 -- --
2024 $4,912 $254,753 -- --
2023 $4,912 $231,594 $0 $0
2022 $4,400 $210,540 $0 $0
2021 $4,118 $191,400 $0 $0
2020 $3,665 $174,000 $85,000 $89,000
2019 $3,427 $158,400 $65,000 $93,400
2018 $3,571 $168,000 $45,000 $123,000
2017 $2,620 $155,400 $30,000 $125,400
2016 $2,571 $127,650 $30,000 $97,650
2015 $2,083 $117,300 $25,000 $92,300
2014 $2,083 $96,900 $25,000 $71,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeffrey Parks

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10247834

BeachesMLS

APN: 34-38-42-037-000-00330-9

Florida Martin County Hobe Sound 33455

8308 SE Pine Cir, Hobe Sound, FL

This home is located at 8308 SE Pine Cir, Hobe Sound, FL 33455 since 01 July 2016 and is currently estimated at $504,962, approximately $253 per square foot. This property was built in 1978. 8308 SE Pine Cir 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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