NOT LISTED FOR SALE

8885 SE Sandy Ln Hobe Sound, FL 33455

Estimated Value: $531,000 - $606,378

5 Beds
5 Baths
2,246 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $447,000 $199 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,592/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • Park
  • South Fork High School Rated A-
  • Community Playground
  • 1-minute walk to East Ridge Park

About This Home

As of November 2021

Eastridge Estates - Nicely maintained duplex in Hobe Sound. Concrete block and metal roof. Both units for sale. One side is a 3-bedroom with 2 full bathrooms, and the other side is a 2-bedroom with 1 full bath and 1 half bath. The 2-bedroom side has new luxury vinyl plank flooring. Both sides have washer and dryer in unit. Great income producer! Good rental history. Public water and sewer. Excellent location - Neighborhood Park is directly across from the duplex. Near beach, boat ramp and parks.

Last Agent to Sell the Property

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 07/29/2021

Keller Williams of the Treasure Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,246 Sq Ft Home
  • Sliding Windows

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Playground
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,984

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: From Stuart, go south on US1 to East on Osprey, then left on Sandy Lane. Duplex is on the right.
  • Lot Size Acres: 0.17
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Subdivision Name: Eastridge Estates
  • Year Built: 1980
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2246.0
  • Window Features: Sliding

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Fence, Patio, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Open

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Playground, Park
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 3984.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Nov 12, 2021
Sold by
Santelli Peter John
Bought by
Becker Katherine Elaine and Becker Daniel J
Seller's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$459,000
Sold Price
$447,000
Premium/Discount to List
-$12,000
-2.61%
Current Estimated Value
$561,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,082
Avg. Annual Appreciation
6.42%
Original Mortgage
$335,250
Outstanding Balance
$307,454
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$264,391

Purchase Details

Closed on
May 25, 2018
Sold by
Teal Devin M
Bought by
Santelli Peter John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2017
Sold by
Torrance Eugene
Bought by
Teal Devin M

Purchase Details

Closed on
Dec 31, 2010
Sold by
Teal Devin M
Bought by
Torrance Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 2005
Sold by
Engelbrecht Kenneth and Rice Wilson
Bought by
Teal Devin M

Purchase Details

Closed on
Dec 28, 2004
Sold by
Verzon Angelo and Verzon Freda
Bought by
Engelbrecht Kenneth and Rice Wilson

Purchase Details

Closed on
May 25, 2004
Sold by
Rice Robert and Rice Julie
Bought by
Verzon Angelo and Verzon Freda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,675
Interest Rate
8.52%

Purchase Details

Closed on
Dec 2, 2003
Sold by
Malliard Gail E and Sanford Larry M
Bought by
Rice Robert and Rice Julie

Purchase Details

Closed on
Oct 7, 2003
Sold by
Malliard Gail E and Kuster Jeffry Michael
Bought by
Henderson K Robert

Purchase Details

Closed on
Sep 8, 2000
Sold by
Barbara Larry M and Barbara Sanford
Bought by
Malliard Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600
Interest Rate
8.11%

Purchase Details

Closed on
May 30, 1996
Sold by
Gendron Raymond O and Gendron Linda M
Bought by
Sanford Larry and Sanford Barbara

Purchase Details

Closed on
Jan 30, 1995
Sold by
Martin Katherine S
Bought by
Sanford Larry M and Sanford Barbara
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
Becker Katherine Elaine -- None Available
Santelli Peter John $260,000 Attorney
Teal Devin M -- Attorney
Torrance Eugene $120,000 Attorney
Teal Devin M $270,000 First American Title Ins Co
Engelbrecht Kenneth $229,000 First American Title Ins Co
Verzon Angelo $216,500 --
Rice Robert $142,300 --
Henderson K Robert -- --
Malliard Gail E $126,000 --
Sanford Larry $46,900 --
Sanford Larry M $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Katherine Elaine $335,250
Previous Owner Santelli Peter John $255,290
Previous Owner Torrance Eugene $120,000
Previous Owner Verzon Angelo $205,675
Previous Owner Sanford Larry $12,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $447,000 -2.6% $199 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $459,000 -- $204 / 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 $7,870 $458,555 -- --
2024 $7,309 $416,869 -- --
2023 $7,309 $378,972 $0 $0
2022 $6,538 $344,520 $171,000 $173,520
2021 $4,398 $191,664 $0 $0
2020 $3,984 $223,200 $142,500 $80,700
2019 $3,427 $158,400 $104,500 $53,900
2018 $3,571 $168,000 $104,500 $63,500
2017 $1,665 $105,820 $52,250 $53,570
2016 $1,795 $90,620 $36,100 $54,520
2015 $1,235 $62,570 $20,900 $41,670
2014 $1,235 $59,620 $20,000 $39,620
Source: Public Records

Agents Affiliated with this Home

  • Joseph Sabato

    Seller's Agent in 2021

    Joseph Sabato

    Keller Williams of the Treasure Coast

    (772) 486-7600

    3 in this area

    258 Total Sales

    Joseph Sabato
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20030472

Martin County REALTORS® of the Treasure Coast

APN: 34-38-42-046-007-00100-1

Florida Martin County Hobe Sound 33455

8885 SE Sandy Ln, Hobe Sound, FL

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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