NOT LISTED FOR SALE

8396 SE Pine Cir Unit 8396 & 8398 Hobe Sound, FL 33455

Estimated Value: $436,000 - $588,000

2 Beds
1 Bath
2,024 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $117,000 $58 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $3,301/month

32 Days on Market

Highlights

  • Central Heating and Cooling System
  • Fenced
  • Carpet
  • South Fork High School Rated A-

About This Home

As of April 2013

GREAT LOCATION- QUIET NEIGHBORHOOD WITH TWO HAPPY TENANTS WHO LOVE IT. AVERAGE CONDITION WITH APPROX '05 ROOF, CBS CONSTRUCTION, ONE UNIT WITH NEWER A/C, SEPERATE PRIVATE SCREENED PORCHES WITH LAUNDRY ROOM & 2 FENCED YARDS, AMPLE PARKING IN DRIVEWAYS One tenant in place over 4 yrs, second tenant- young couple one year. Both on month to month currently and very happy with neighborhood & duplex units.

Last Agent to Sell the Property

James Riordan

Realty Associates Florida Prop License #3174546 Listed on: 02/01/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1977

Lot Details

  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • 4 Units
  • Pine Ridge Gomez Grant Subdivision

Listing and Financial Details

  • Total Actual Rent $17,700
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 343842037000003700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,822

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: HWY 1 ABOUT 1/3 MILE N OF BRIDGE RD. THEN W ON PINE CIRCLE
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 2024.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 343842037000003700
  • Current Use: Farm
  • Zoning Description: R-3a

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1822.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 17700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Apr 4, 2013
Sold by
Martinelli Daniel T and Cheatwood Stefanie A
Bought by
Billiot Wilbert A and Billiot Rita
Seller's Agent
James Riordan
Realty Associates Florida Prop
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%
Current Estimated Value
$516,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,972
Avg. Annual Appreciation
12.79%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Co-Tr Arlene B Mac Dowell and Co-Tr William G Mac Dowell
Bought by
Martinelli Daniel T and Cheatwood Stefanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.23%
Mortgage Type
New Conventional
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
Billiot Wilbert A $117,000 Florida Title & Guarantee
Martinelli Daniel T $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinelli Daniel T $28,500
Previous Owner Martinelli Daniel T $83,000
Previous Owner Martinelli Daniel T $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $117,000 -6.4% $58 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $125,000 -- $62 / 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 $5,813 $276,465 -- --
2024 $5,345 $251,332 -- --
2023 $5,345 $228,484 $0 $0
2022 $4,876 $207,713 $0 $0
2021 $4,367 $188,830 $0 $0
2020 $3,956 $223,200 $85,000 $138,200
2019 $3,401 $158,400 $65,000 $93,400
2018 $3,291 $168,000 $45,000 $123,000
2017 $2,347 $155,400 $30,000 $125,400
2016 $2,673 $127,650 $30,000 $97,650
2015 $2,166 $117,300 $25,000 $92,300
2014 $2,166 $96,900 $25,000 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3342363

BeachesMLS

APN: 34-38-42-037-000-00370-0