NOT LISTED FOR SALE

8553 SE Banyan Tree St Hobe Sound, FL 33455

Estimated Value: $1,091,000 - $1,445,000

4 Beds
3 Baths
2,131 Sq Ft
$600/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,250,000 $587 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,045/month

16 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Property has ocean access
  • Fireplace
  • South Fork High School Rated A-
  • Canal View
  • 2 Car Attached Garage

About This Home

As of April 2024

This 4/3/2 home was extensively updated in 2014 and 2015 with new roof, windows, kitchen, bathrooms, etc. Home is located 4 lots from the end of the canal and has a dock and boat lift. This is a great neighborhood with no HOA and there is room for your boat or RV. All sizes are approximate. As is with right to inspect.

Last Agent to Sell the Property

Arnie Dykes

Illustrated Properties/Hobe So License #681833 Listed on: 01/31/2024

Illustrated Properties/Hobe So

Co-Listed By

Pamela Dykes

Illustrated Properties/Hobe So License #682242

Last Buyer's Agent

Phil Cacciatore

The Keyes Company (PBG) License #3164856

The Keyes Company (PBG)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,852

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • 100 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall

Utilities

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

Community Details

  • North Hobe Sound Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 343842027000000402

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,852

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Gomez Av. to East on Banyan.
  • Year Built: 1980
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 2131.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • View: Canal
  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 343842027000000402
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13107.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14852.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 19, 2024
Sold by
8553 Southeast Banyan Tree Street Llc
Bought by
Hall Ian and Hall Susan
Seller's Agent
Arnie Dykes
Illustrated Properties/Hobe So
Buyer's Agent
Phil Cacciatore
The Keyes Company (PBG)
List Price
$1,700,000
Sold Price
$1,250,000
Premium/Discount to List
-$450,000
-26.47%
Views
45
Current Estimated Value
$1,278,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,786
Avg. Annual Appreciation
-1.31%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Schwartzman John E
Bought by
8553 Se Banyan Tree Street Llc

Purchase Details

Closed on
Jun 27, 2016
Sold by
Schwartzman John E
Bought by
8553 Southeast Banyan Tree St Llc

Purchase Details

Closed on
Feb 9, 2015
Sold by
Schwartzman Philip S
Bought by
8553 Se Banyan Tree Street Llc

Purchase Details

Closed on
Oct 28, 2003
Sold by
Ron Jon Ltd Inc
Bought by
Schwartzman Philip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back
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
Hall Ian $1,250,000 Home Partners Title Services
8553 Se Banyan Tree Street Llc $100 --
8553 Southeast Banyan Tree St Llc -- None Available
8553 Se Banyan Tree Street Llc $100 --
Schwartzman Philip S $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartzman Philip S $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,250,000 -26.5% $587 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $1,700,000 0.0% $798 / Sq Ft
04/06/2020 04/06/20 For Rent $3,000 0.0% --
04/06/2020 04/06/20 Rented $3,000 -- --
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 $15,494 $1,040,894 -- --
2024 $14,852 $856,702 -- --
2023 $14,852 $778,820 $0 $0
2022 $13,461 $708,019 $0 $0
2021 $11,530 $643,654 $0 $0
2020 $10,524 $585,140 $495,000 $90,140
2019 $10,401 $571,040 $456,500 $114,540
2018 $10,159 $560,490 $440,000 $120,490
2017 $9,076 $538,390 $440,000 $98,390
2016 $9,391 $534,530 $440,000 $94,530
2015 $7,861 $437,810 $341,000 $96,810
2014 $7,861 $461,320 $363,000 $98,320
Source: Public Records

Agents Affiliated with this Home

  • Arnie Dykes

    Seller's Agent in 2024

    Arnie Dykes

    Illustrated Properties/Hobe So

    (772) 341-0988

    24 in this area

    47 Total Sales

    Arnie Dykes
    Section Image
  • Pamela Dykes

    Seller Co-Listing Agent in 2024

    Pamela Dykes

    Illustrated Properties/Hobe So

    (772) 341-0989

    19 in this area

    32 Total Sales

    Pamela Dykes
    Section Image
  • Phil Cacciatore

    Buyer's Agent in 2024

    Phil Cacciatore

    The Keyes Company (PBG)

    (561) 889-4808

    2 in this area

    35 Total Sales

    Phil Cacciatore
    Section Image
  • Rachel Cramer

    Buyer's Agent in 2020

    Rachel Cramer

    Illustrated Properties/Hobe So

    (772) 215-2345

    62 in this area

    108 Total Sales

    Rachel Cramer
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10955377

BeachesMLS

APN: 34-38-42-027-000-00040-2

Florida Martin County Hobe Sound 33455

8553 SE Banyan Tree St, Hobe Sound, FL

This home is located at 8553 SE Banyan Tree St, Hobe Sound, FL 33455 since 31 January 2024 and is currently estimated at $1,278,786, approximately $600 per square foot. This property was built in 1980. 8553 SE Banyan Tree 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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