When was property at 986 Northeast Banyan Tree Drive built and last sold?

The property at 986 Northeast Banyan Tree Drive was built in 1957 and last sold on Mar 4, 2022 for $280,000.

How much is this home worth?

The estimated value of the home located at 986 Northeast Banyan Tree Drive is $351,035.

What are some comparable homes to 986 Northeast Banyan Tree Drive?

There are currently no comparable homes to 986 Northeast Banyan Tree Drive.

Rio

34957

Rio

986 NE Banyan Tree Drive

Sold on Mar 11, 2022

Map

$280,000

● House - Off Market

986 NE Banyan Tree Drive

Jensen Beach, FL 34957

2 Beds

2 Baths

856 Ft²

$298,529

RealtyHop Estimate

2.98%

Since Apr 1, 2022

National-US

Primary Model

About This Property

Cute as a button! Great for Snowbird's to escape the winter & cold weather. Solid CBS construction. Metal roof new in 2015. 2 bedrooms, split floor plan, 2 bathrooms. Kitchen had been updated to white cabinets. Large screen porch to enjoy your meals, watch T.V., or to just sit, relax and appreciate the solitude and tranquility. One block long. dead end street that leads to the banks of the wide & beautiful St. Lucie River. There is access at the end of the street to walk the path down to the River. No dock or pier, but perhaps to put a kayak , canoe, or paddle board in, or fish, or just enjoy the beautiful water view and wild life.

Unit Size

856 Ft²

Days on Market

125 days

Land Size

0.15 acres

Price per sqft

$339

Property Type

House

Property Taxes

$51

HOA Dues

Year Built

1957

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Last updated: 17 days ago (MCRTC #M20031780)

Price History

Date / Event	Date	Event
Feb 14, 2025	Sold	Premium
Sold
Jan 13, 2025	In contract	-
In contract
Dec 28, 2024	Listed by RE/MAX of Stuart	$359,500
Listed by RE/MAX of Stuart

	Own 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!
Mar 23, 2022	Sold	Premium
Sold
Nov 6, 2021	Listed by RE/MAX of Stuart	$289,900
Listed by RE/MAX of Stuart
Feb 18, 1994	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1957

Effective Year Built: 1985
Building Count: 1
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 10
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Parking Space Count: 0
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,621

Total Building Area: 856
Gross Building Area: 856
Building Area: 856
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 856
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BANYAN TERRACE COTTAGES
Land Acres: 0000000152
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: BANYAN TERRACE COTTAGES UNREC LOT 11 (OR 83/335)

Neighborhood

School District Name: Martin County School District

Census Tract: 000501

Zoning

Zoning: R2

Geography

Assessors Map Reference: N-33

Parcel: 33-37-41-001-000-00110-3
Lot: 11
Meridian: SEC 33 TWN 37S RNG 41E
Latitude: 27.2169
Longitude: -80.2412

Address

Full Address: 986 Ne Banyan Tree Dr

Address - House Number: 986
Street Direction: NE
Address - Street Name: Banyan Tree
Address - Suffix Type: Dr
State: FL
City Name: Jensen Beach
Carrier Code: R001
4-Digit Zip Code: 6155
Zip Code: 34957

Valuation

Tax

Tax Year: 2022

Tax Amount: $62,886
Tax Rate Code Area: 6006 NORTH

Appraisal Valuation

Standard Deviation: 0.2235

Valuation Date: Jan 27, 2024
Confidence Score: 69
Final Value: 305,237
High Value: 373,487
Low Value: 236,987

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $218,720

Market Land Value: $150,000
Market Improvement Value: $68,720

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $218,720
Assessed Land Value: $150,000
Assessed Improvements Value: $68,720

Sales

Current Sale Contract Date: Mar 04, 2022

Current Sale Recording Date: Mar 23, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2949969
Previous Sale Recording Date: Feb 18, 1994
Previous Sale Contract Date: Feb 18, 1994
Previous Sale Amount: $100
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Rio

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$294

Below Asking

0.04%

Average Days on Market

Average Home Size

1330 ft²

Average Home Age

38 years

Currently For Sale

6 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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$2,200 /mo

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Listed by: Gail McCallum, RE/MAX of Stuart
Last Updated: 17 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20031780

The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.