NOT LISTED FOR SALE

8825 SE Marina Bay Dr Hobe Sound, FL 33455

Estimated Value: $1,048,000 - $1,220,000

4 Beds
2.5 Baths
2,489 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $540,000 $217 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,946/month

221 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Lake View
  • South Fork High School Rated A-
  • Home fronts navigable water
  • 20,386 Sq Ft lot

About This Home

As of June 2018

Beautifully maintained CBS 4/2.5/2 home in Marina Bay. Property includes a most unique dock, dock number 1 that will accommodate practically any vessel that draws 4 ft or less and a beam 16 ft or less. Direct ocean access with no fixed bridges. St Lucie Inlet 5 miles North. Pecks Lake 10 minutes away. This homes offers 4 bedrooms 2.5 baths an a 2 car garage. Wood vaulted ceiling in living room. Beautiful lake front views from the living room due t pocketing sliding glass doors. Kitchen is bright and full of natural light. Large screened patio. Corner lot offers great privacy. Split plan , two A/C systems, great landscaping. Note: THERE IS NO ROOM FOR A CONVENTIONAL POOL. The community offers a beautiful pool at the club house by the Marina.

Last Listed By

Rachel Cramer

Illustrated Properties/Hobe So License #682942 Listed on: 10/03/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1994

Lot Details

  • 0.47 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 2,489 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 343842115000003705

Community Details

Overview

  • Association fees include common areas, cable TV
  • Marina Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,016

Year Built

Built in 1994

Lot Details

0

HOA Fees

$236 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Bridge Road east to Gomez North to Marina Bay.
  • Year Built: 1994
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Pull Down Attic Stairs, Split Bedrooms, Vaulted Ceiling(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Living Area: 2489.0
  • Dining Room Type: Family Room, Great Room, Dining Room, Florida Room
  • Stories: 1

Exterior Features

  • View: Lake
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 236.0
  • Community Features: Boat Facilities, Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Parcel #: 343842115000003705
  • Lot Size Sq Ft: 20386.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5016.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jun 12, 2018
Sold by
Quagline Harry J and Quagline Bobbie J
Bought by
Lutes Ellen J and Lutes Gregory B
Seller's Agent
Rachel Cramer
Illustrated Properties/Hobe So
Buyer's Agent
Rachel Cramer
Illustrated Properties/Hobe So
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Total Days on Market
221
Current Estimated Value
$1,100,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,387
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Sadowl Robert E
Bought by
Quagline Harry J and Quagline Bobbie

Purchase Details

Closed on
Sep 23, 1997
Sold by
Sadowl Robert Carl
Bought by
Quagline Harry J and Quagline Bobbie

Purchase Details

Closed on
Jan 26, 1995
Sold by
Carlsadowl Robert
Bought by
Carlsadowl Robert

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
Lutes Ellen J $540,000 Signature Title Florida Part
Quagline Harry J -- --
Quagline Harry J -- --
Carlsadowl Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quagline Harry J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $540,000 -9.8% $217 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
10/03/2017 10/03/17 For Sale $599,000 -- $241 / 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
2024 $6,810 $437,358 -- --
2023 $6,810 $424,620 $0 $0
2022 $6,576 $412,253 $0 $0
2021 $6,607 $400,246 $0 $0
2020 $6,490 $394,720 $175,000 $219,720
2019 $6,616 $397,350 $175,000 $222,350
2018 $5,411 $330,530 $0 $0
2017 $4,778 $323,732 $0 $0
2016 $5,016 $317,073 $0 $0
2015 $4,766 $314,869 $0 $0
2014 $4,766 $312,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Cramer

    Seller's Agent in 2018

    Rachel Cramer

    Illustrated Properties/Hobe So

    (772) 215-2345

    57 in this area

    97 Total Sales

    Rachel Cramer
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Map

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Source: BeachesMLS

MLS Number: R10369952

BeachesMLS

APN: 34-38-42-115-000-00370-5

Florida Martin County Hobe Sound 33455

8825 SE Marina Bay Dr, Hobe Sound, FL

Homes for Sale in Hobe Sound, FL

This home is located at 8825 SE Marina Bay Dr, Hobe Sound, FL 33455 since 03 October 2017 and is currently estimated at $1,100,387, approximately $442 per square foot. This property was built in 1994. 8825 SE Marina Bay Dr is a home located in Martin County with nearby schools including Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

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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.