NOT LISTED FOR SALE

8867 SE Oak Grove Terrace Hobe Sound, FL 33455

Estimated Value: $1,058,000 - $1,187,000

3 Beds
3 Baths
2,237 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $730,000 $326 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,297/month

8 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Gated Community
  • South Fork High School Rated A-
  • Concrete Pool
  • Clubhouse

About This Home

As of March 2021

Beautiful 3/3 Beach home in the heart of Hobe Sound. This home screams outdoor living with lavish marble patio flooring taken throughout the newly tiled saltwater pool and spa. With Bluetooth capabilities, fountains, and sun shelf. Everything you need for Florida lifestyle. With great attention to details the interior has crown molding throughout, brand new fully updated kitchen, custom closets installed. Hurricane grade impact windows and a new pool heater recently installed. This is the perfect move in ready home located in paradise. With a community clubhouse, fitness center, pool, tennis courts, boat slip access and a kayak storage available

Last Agent to Sell the Property

Rachel Cramer

Illustrated Properties/Hobe So License #682942 Listed on: 01/25/2021

Last Buyer's Agent

Christian Connelly

Water Pointe Realty Group License #3476690

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,195

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • Home fronts navigable water
  • Fenced
  • Sprinkler System

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,237 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Screen Enclosure

Outdoor Features

  • No Fixed Bridges
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 343842101000002400

Community Details

Overview

  • Association fees include common areas, cable TV, recreation facilities
  • Osprey Cove Yacht Club Pl Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,195

Year Built

Built in 2005

Lot Details

0

HOA Fees

$229 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Gomez to Osprey Cove, first right, another right to Oak Grove terrace.
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Entrance Foyer, High Ceilings, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2237.0
  • Dining Room Type: Family Room, Great Room, Laundry, Recreation
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Cleaning System, Heated, Pool, Screen Enclosure, Salt Water, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 229.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Park, Pickleball, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pickleball, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Recreation Facilities

Lot Info

  • Parcel #: 343842101000002400
  • Lot Size Sq Ft: 16160.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 5, 2021
Sold by
Boyce Roger
Bought by
Donnellan John J and Donnellan Nancy
Seller's Agent
Rachel Cramer
Illustrated Properties/Hobe So
Buyer's Agent
Christian Connelly
Water Pointe Realty Group
List Price
$728,000
Sold Price
$730,000
Premium/Discount to List
$2,000
0.27%
Current Estimated Value
$1,095,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,804
Avg. Annual Appreciation
9.58%
Original Mortgage
$530,000
Outstanding Balance
$477,261
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$631,428

Purchase Details

Listed on
Feb 16, 2016
Closed on
Sep 15, 2016
Sold by
Gioe Aleksandra V and Gioe Aleksandra V
Bought by
Boyce Roger
Seller's Agent
Beth Dyack
Illustrated Properties/Hobe So
Buyer's Agent
Herbert Rikeman
Lang Realty, Inc
List Price
$599,000
Sold Price
$511,500
Premium/Discount to List
-$87,500
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$767,250
Interest Rate
4.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 17, 2012
Sold by
Gioe Aleksandra V
Bought by
Gioe Aleksandra

Purchase Details

Closed on
Apr 13, 2005
Sold by
Osprey Cove Hobe Sound Lp
Bought by
Gioe Aleksandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,920
Interest Rate
5.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Donnellan John J $730,000 Attorney
Boyce Roger $511,500 Progressive Title Solutions
Gioe Aleksandra -- Attorney
Gioe Aleksandra $419,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnellan John J $530,000
Previous Owner Boyce Roger $767,250
Previous Owner Gioe Aleksandra $200,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $730,000 +0.3% $326 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $728,000 +42.3% $325 / Sq Ft
09/15/2016 09/15/16 Sold $511,500 -14.6% $229 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $599,000 -- $268 / 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 $15,096 $944,770 -- --
2024 $13,588 $858,882 -- --
2023 $13,588 $780,802 $0 $0
2022 $12,204 $709,820 $300,000 $409,820
2021 $8,321 $499,354 $0 $0
2020 $8,195 $492,460 $170,000 $322,460
2019 $8,115 $496,820 $170,000 $326,820
2018 $8,295 $508,910 $175,000 $333,910
2017 $8,766 $519,980 $250,000 $269,980
2016 $5,849 $366,038 $0 $0
2015 $5,558 $363,494 $0 $0
2014 $5,558 $360,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10687115

BeachesMLS

APN: 34-38-42-101-000-00240-0