NOT LISTED FOR SALE

8316 SE Palm St Hobe Sound, FL 33455

Estimated Value: $1,533,000 - $2,062,000

4 Beds
4.5 Baths
2,953 Sq Ft
$615/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $900,000 $305 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $11,276/month

349 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Canal View
  • South Fork High School Rated A-
  • Gunite Pool
  • Marble Flooring

About This Home

As of October 2015

Presently rented until July 2016 at $4,000. per month. Purchaser would be ''buying'' home with the Lease .

Last Agent to Sell the Property

Ruth B

Illustrated Properties/Hobe So License #414065 Listed on: 10/08/2014

Last Buyer's Agent

Daniel Cloud

Water Vista Realty, Inc. License #3144777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,513

Year Built

  • Built in 2004

Lot Details

  • 10,628 Sq Ft Lot
  • Home fronts navigable water
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 2,953 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Patio
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Cooling Available
  • Zoned Heating System
  • Reverse Cycle Heating System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • North Hobe Sound Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 343842027000007904

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,513

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 to Osprey East to Gomez south to Crossrip east to Gomez south to Palm
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, French Door(s)/Atrium Door(s), High Ceilings, Kitchen/Dining Combo, Pull Down Attic Stairs, Bar, Walk-In Closet(s), Attic, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Marble, Other, Wood
  • Living Area: 2953.0
  • Dining Room Type: Attic, Great Room, Storage Room
  • Stories: 1
  • Window Features: Impact Glass, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Porch, Patio
  • View: Canal, Garden, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio, Wrap Around
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Security System, Motion Detectors, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric, Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 343842027000007904
  • Lot Size Sq Ft: 10628.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8513.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Oct 23, 2015
Sold by
Gavin Timothy G and Bidzos Gavin Mary
Bought by
Mills Carol
Seller's Agent
Ruth B
Illustrated Properties/Hobe So
Buyer's Agent
Daniel Cloud
Water Vista Realty, Inc.
List Price
$1,190,000
Sold Price
$900,000
Premium/Discount to List
-$290,000
-24.37%
Current Estimated Value
$1,814,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,678
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Whitney James S
Bought by
Gavin Timothy G and Bidzos Gavin Mary

Purchase Details

Closed on
Nov 27, 2002
Sold by
Mishkin David and Mishkin Susan
Bought by
Whitney James S

Purchase Details

Closed on
Feb 20, 2002
Sold by
Lokareddy Rupender and Lokareddy Divya
Bought by
Mishkin David and Mishkin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.5%

Purchase Details

Closed on
May 31, 2001
Sold by
George S Rosson Sr M and Dolores M Rosson M
Bought by
Lokareddy Rupender and Lokareddy Divya
Source: Public Records

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
Mills Carol $900,000 None Available
Gavin Timothy G $910,000 Attorney
Whitney James S $270,000 --
Mishkin David $230,000 All Florida Land Title Compa
Lokareddy Rupender $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mishkin David $172,500
Previous Owner Lokareddy Rupender $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $900,000 -24.4% $305 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $1,190,000 -- $403 / 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 $19,400 $1,133,374 -- --
2024 $18,542 $1,030,340 -- --
2023 $18,542 $936,673 $0 $0
2022 $16,416 $851,521 $0 $0
2021 $13,781 $774,110 $450,000 $324,110
2020 $12,897 $721,190 $405,000 $316,190
2019 $12,571 $693,860 $373,500 $320,360
2018 $12,379 $686,780 $360,000 $326,780
2017 $11,805 $701,110 $360,000 $341,110
2016 $11,568 $701,590 $360,000 $341,590
2015 $9,359 $578,300 $279,000 $299,300
2014 $9,359 $552,560 $297,000 $255,560
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ruth B

    Illustrated Properties/Hobe So

    (772) 349-0627

    4 in this area

    15 Total Sales

    Ruth B
    Section Image
  • Daniel Cloud

    Buyer's Agent in 2015

    Daniel Cloud

    Water Vista Realty, Inc.

    (561) 931-6992

    1 in this area

    89 Total Sales

    Daniel Cloud
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10079031

BeachesMLS

APN: 34-38-42-027-000-00790-4

Florida Martin County Hobe Sound 33455

8316 SE Palm St, Hobe Sound, FL

This home is located at 8316 SE Palm St, Hobe Sound, FL 33455 since 08 October 2014 and is currently estimated at $1,814,678, approximately $614 per square foot. This property was built in 2004. 8316 SE Palm St 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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