NOT LISTED FOR SALE

8902 SE Marina Bay Dr Hobe Sound, FL 33455

Estimated Value: $2,209,393 - $2,240,000

6 Beds
6 Baths
5,099 Sq Ft
$436/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $888,888 $174 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $13,768/month

167 Days on Market

Highlights

  • Home Theater
  • Concrete Pool
  • 20,212 Sq Ft lot
  • South Fork High School Rated A-
  • River View
  • Clubhouse

About This Home

As of August 2017

Contemporary/modern style waterfront home situated in the gated/private community of Marina Bay in Hobe Sound. Custom designed home with a very open floor plan. Intracoastal and marina views. 40+/- dock slip in the marina included. Huge home offering over 5000 sq. ft. of air conditioned living space. Five en-suite/bedrooms affording privacy for everyone. Multiple screened porches allow you to open the whole house up and just let the ocean breezes from across Jupiter Island cool the whole home. Long oversized pool with separate spa. Outdoor shower and cabana bath adjacent to the pool. 12000 lb. lift included with dock. Separate den/office and media room.

Last Listed By

Stephen Dutcher

Illustrated Properties/Sewalls License #393825 Listed on: 02/14/2017

Illustrated Properties/Sewalls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,094

Year Built

  • Built in 1991

Lot Details

  • 0.46 Acre Lot
  • River Front
  • Sprinkler System
  • Property is zoned HR-1

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 5,099 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Screened Porch
  • River Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Concrete Pool
  • Balcony
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 343842115000001707

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund
  • Marina Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,094

Year Built

Built in 1991

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 south to Osprey, south on Gomez to Crossrip, East to Marina Bay
  • Year Built: 1991
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 5099.0
  • Dining Room Type: Den, Family Room, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Patio, Shed
  • View: River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 235.0
  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Reserve Fund

Lot Info

  • Parcel #: 343842115000001707
  • Lot Size Sq Ft: 20212.0
  • Zoning Description: HR-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9094.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Aug 31, 2017
Sold by
Schnegelberger David J and Wells Jean M
Bought by
Zhang Qingchun and Zhang Shuhui
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
Buyer's Agent
William Zheng
Pacifica Realty, LLC
List Price
$1,000,000
Sold Price
$888,888
Premium/Discount to List
-$111,112
-11.11%
Total Days on Market
167
Current Estimated Value
$2,222,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,460
Avg. Annual Appreciation
12.74%
Original Mortgage
$666,666
Outstanding Balance
$564,180
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,658,168

Purchase Details

Closed on
Oct 31, 2007
Sold by
Ravolo Thomas C and Ruvolo Celenia T
Bought by
Schnegelberger David J and Wells Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1994
Sold by
Martines Lawrence T and Martines Doris E
Bought by
Ruvolo Thomas C and Ruvolo Celenia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875
Interest Rate
8.51%

Purchase Details

Closed on
Mar 5, 1993
Bought by
Schnegelberger David J and Wells Jean M

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
Zhang Qingchun $888,900 Attorney
Schnegelberger David J $900,000 Patch Reef Title Company Inc
Ruvolo Thomas C $685,000 --
Schnegelberger David J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Qingchun $72,500
Open Zhang Qingchun $666,666
Previous Owner Wells Jean M $260,000
Previous Owner Wells Jean M $394,000
Previous Owner Schnegelberger David J $417,000
Previous Owner Schnegelberger David J $417,000
Previous Owner Ruvolo Thomas C $600,000
Previous Owner Ruvolo Thomas C $875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $888,888 -11.1% $174 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $1,000,000 -- $196 / 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 $13,830 $871,437 -- --
2023 $13,830 $846,056 $0 $0
2022 $13,377 $821,414 $0 $0
2021 $13,479 $797,490 $0 $0
2020 $13,325 $786,480 $382,500 $403,980
2019 $13,318 $776,761 $0 $0
2018 $12,998 $762,278 $0 $0
2017 $9,013 $574,896 $0 $0
2016 $9,095 $557,008 $0 $0
2015 $8,646 $553,137 $0 $0
2014 $8,646 $548,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Dutcher

    Seller's Agent in 2017

    Stephen Dutcher

    Illustrated Properties/Sewalls

    (772) 419-0340

    2 in this area

    187 Total Sales

    Stephen Dutcher
    Section Image
  • William Zheng

    Buyer's Agent in 2017

    William Zheng

    Pacifica Realty, LLC

    (561) 478-9886

    1 Total Sale

    William Zheng
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10308177

BeachesMLS

APN: 34-38-42-115-000-00170-7

Florida Martin County Hobe Sound 33455

8902 SE Marina Bay Dr, Hobe Sound, FL

Homes for Sale in Hobe Sound, FL

This home is located at 8902 SE Marina Bay Dr, Hobe Sound, FL 33455 since 14 February 2017 and is currently estimated at $2,222,348, approximately $435 per square foot. This property was built in 1991. 8902 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.

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.