NOT LISTED FOR SALE

8532 SE Palm Hammock Ln Hobe Sound, FL 33455

Lost Lake Neighborhood

Estimated Value: $604,000 - $881,000

3 Beds
2.5 Baths
1,983 Sq Ft
$357/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $758,000 $382 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,794/month

58 Days on Market

Highlights

  • Golf Course Community
  • Screened Pool
  • Clubhouse
  • South Fork High School Rated A-
  • Gated Community
  • Attic

About This Home

As of April 2024

Stunning property has been spectacularly updated and designed for luxurious living! This Divosta-built residence boasts timeless elegance and superior craftsmanship. The grandeur of 10 and 12-foot ceilings creates an open and airy ambiance throughout the home, offering a seamless blend of modern amenities and classic charm. Entertain with ease in the open living spaces, perfect for hosting gatherings or intimate dinners. The chef's kitchen features a complete redesign with Taj Mahal Quartzite countertops, black stainless steel appliances, and designer level new cabinetry, making meal preparation a joy. Step outside to your own private oasis, where a beautiful, updated pool and lanai await with a view of the 12th hole making this perfect for lounging in the sun or enjoying a swim. The poured concrete construction provides durability and peace of mind. Additionally, the AC and hot water heater installed the end of 2023. The 2020 roof replacement included premium underlayment materials.

Last Agent to Sell the Property

Kari Lydon

Compass Florida LLC Brokerage Phone: 305-851-2820 License #3409370 Listed on: 02/09/2024

Compass Florida LLC

Co-Listed By

Susan Andersen

Compass Florida, LLC Brokerage Phone: 305-851-2820 License #672155

Last Buyer's Agent

Ronald Balsamo

Illustrated Properties/Hobe So License #3219269

Illustrated Properties/Hobe So

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,887

Year Built

  • Built in 1995

Lot Details

  • 7,187 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,983 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Pull Down Stairs to Attic
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, cable TV, internet, ground maintenance

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Pool
  • Putting Green

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,887

Year Built

Built in 1995

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Architectural Style: Ranch
  • Co List Office Mls Id: 279599752
  • Co List Office Phone: 305-851-2820
  • Garage Yn: Yes
  • Lot Size Acres: 0.165
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Double Tree 01
  • Year Built: 1995
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 305-851-2820
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Built-in Features, Bathtub, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room, Pull Down Attic Stairs, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 1983.0
  • Stories: 1

Exterior Features

  • Construction Type: Concrete
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: In Ground, Screen Enclosure, Community
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Concrete, Tile
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 312.0
  • Association: Yes
  • Community Features: Bocce Court, Clubhouse, Golf, Pickleball, Pool, Putting Green, Restaurant, Street Lights, Sidewalks, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Internet, Maintenance Grounds

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4887.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 17, 2024
Sold by
Heitmeier Donald and Heitmeier Janette
Bought by
Bethel William Kenneth and Bethel Zaida Patricia
Seller's Agent
Kari Lydon
Compass Florida LLC
Buyer's Agent
Ronald Balsamo
Illustrated Properties/Hobe So
List Price
$819,000
Sold Price
$758,000
Premium/Discount to List
-$61,000
-7.45%
Views
82
Current Estimated Value
$707,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,658
Avg. Annual Appreciation
-10.80%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Schloer Edward L and Schloer Karen L
Bought by
Heitmeier Donald and Heitmeier Janette

Purchase Details

Closed on
Jul 3, 2003
Sold by
Richey Clark D and Richey Marie L
Bought by
Schloer Edward L and Schloer Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1996
Sold by
Double Tree Inc
Bought by
Richey Clark D and Richey Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.15%
Mortgage Type
New Conventional
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
Bethel William Kenneth $758,000 Omega National Title Agency Ll
Heitmeier Donald $221,000 Universal Land Title Llc
Schloer Edward L $260,000 --
Richey Clark D $182,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heitmeier Donald $300,000
Previous Owner Schloer Edward L $369,000
Previous Owner Schloer Edward L $250,000
Previous Owner Schloer Edward L $54,000
Previous Owner Schloer Edward L $208,000
Previous Owner Richey Marie $240,300
Previous Owner Richey Clark D $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $758,000 -4.7% $382 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $795,000 -2.9% $401 / Sq Ft
02/09/2024 02/09/24 For Sale $819,000 -- $413 / 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 $8,947 $585,030 $210,000 $375,030
2024 $4,887 $518,050 $518,050 $308,050
2023 $4,887 $308,921 $0 $0
2022 $4,714 $299,924 $0 $0
2021 $4,721 $291,189 $0 $0
2020 $4,615 $287,169 $0 $0
2019 $4,541 $280,713 $0 $0
2018 $4,428 $275,479 $0 $0
2017 $3,796 $265,950 $0 $0
2016 $4,054 $260,480 $0 $0
2015 -- $258,670 $105,000 $153,670
2014 -- $253,900 $90,000 $163,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20043284

Martin County REALTORS® of the Treasure Coast

APN: 01-39-41-001-000-02920-2