Seller's Agent in 2025
Margaret Slobasky
Real Estate of Florida
(772) 284-8444
1 in this area
22 Total Sales
986 NE Banyan Dr Jensen Beach, FL 34957
Rio Neighborhood
2
Beds
1.5
Baths
856
Sq Ft
6,621
Sq Ft Lot
Highlights
- No HOA
- Built-In Features
- Central Heating and Cooling System
- Felix A. Williams Elementary School Rated A-
- Attached Carport
- Ceiling Fan
About This Home
As of February 2025Own Your Slice of Paradise in Rio, Jensen Beach! Experience the best of coastal living in this charming 2-bedroom, 1.5-bathroom Old Florida-style cottage retreat. Tastefully updated, this home seamlessly blends timeless character with modern comforts. Featuring hurricane protection, durable metal roof, and energy-efficient windows. The stylishly renovated kitchen and bathrooms offer contemporary finishes, and for added comfort, central HVAC system and ductwork have been installed. A new hot water heater and appliances complete the updates. Fresh flooring, paint, and an irrigation system maintain the lush, mature landscaping, making this home move-in ready. Located in a no-flood zone for peace of mind, this property is just steps from the serene Indian River and a short drive to the vibrant shops, restaurants, and attractions of downtown Jensen Beach, Stuart, and the pristine beaches of the Treasure Coast. Don’t miss your chance to own this slice of Florida paradise!
Last Agent to Sell the Property
Real Estate of Florida Brokerage Phone: 772-288-1111 License #3204328 Listed on: 12/28/2024
Last Buyer's Agent
Real Estate of Florida Brokerage Phone: 772-288-1111 License #3204328 Listed on: 12/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,072
Year Built
- Built in 1957
Lot Details
- 6,621 Sq Ft Lot
- East Facing Home
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 856 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Separate Shower
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Attached Carport
Schools
- Felix A Williams Elementary School
- Jensen Beach High School
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
- Cable TV Available
Community Details
Overview
- No Home Owners Association
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2024
Closed on
Feb 8, 2025
Sold by
Nancy Buys Homes Fl Llc
Bought by
Sabia Vincent
Seller's Agent
Margaret Slobasky
Real Estate of Florida
Buyer's Agent
Margaret Slobasky
Real Estate of Florida
List Price
$359,500
Sold Price
$340,000
Premium/Discount to List
-$19,500
-5.42%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,666
Avg. Annual Appreciation
-5.11%
Original Mortgage
$281,500
Outstanding Balance
$253,431
Interest Rate
6.91%
Mortgage Type
Balloon
Estimated Equity
$71,903
Purchase Details
Closed on
Mar 4, 2022
Sold by
Heckert Janet S
Bought by
Nancy Buys Homes Fl Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 1999
Sold by
Heckert Donald B
Bought by
Heckert Donald B and Heckert Janet S
Purchase Details
Closed on
Feb 18, 1994
Bought by
Heckert Donald B and Heckert Janet S
Purchase Details
Closed on
Jan 1, 1901
Bought by
Heckert Donald B and Heckert Janet S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | None Listed On Document | |
| Warranty Deed | $340,000 | None Listed On Document | |
| Warranty Deed | $280,000 | Christopher J Twohey Pa | |
| Deed | -- | -- | |
| Deed | $100 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,500 | Balloon | |
| Closed | $281,500 | New Conventional | |
| Previous Owner | $224,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $340,000 | -5.4% | $397 / Sq Ft |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 12/29/2024 12/29/24 | For Sale | $359,500 | -- | $420 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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 | $4,210 | $226,300 | $150,000 | $76,300 |
| 2024 | $4,072 | $229,120 | $229,120 | $79,120 |
| 2023 | $4,072 | $218,720 | $218,720 | $68,720 |
| 2022 | $629 | $60,243 | $0 | $0 |
| 2021 | $614 | $58,489 | $0 | $0 |
| 2020 | $792 | $57,682 | $0 | $0 |
| 2019 | $536 | $56,385 | $0 | $0 |
| 2018 | $534 | $55,334 | $0 | $0 |
| 2017 | $191 | $54,099 | $0 | $0 |
| 2016 | $515 | $52,986 | $0 | $0 |
| 2015 | $493 | $52,618 | $0 | $0 |
| 2014 | $493 | $52,200 | $30,000 | $22,200 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Slobasky
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20048218
APN: 33-37-41-001-000-00110-3
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.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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