NOT LISTED FOR SALE

8498 SE Merritt Way Jupiter, FL 33458

Estimated Value: $2,248,000 - $2,644,000

4 Beds
3 Baths
2,393 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $1,900,000 $794 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $15,447/month

Highlights

  • Property has ocean access
  • Boat Dock
  • Boat Ramp
  • South Fork High School Rated A-
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of August 2021

Do not miss your chance to see this remarkable 4BR/3BA home. Enjoy 100 ft. of waterfront & southern exposure from this half-acre lot on the Loxahatchee River. Upgraded kitchen with stainless steel + built-in appliances. The impressive outdoor living space boasts a sanded fire pit, 2 Tiki hut areas, swimming pool with salt water system, and beautiful dock with 2 boat lifts. Additional features include: impact glass windows, fireplace, turf landscaping, and more. One fixed bridge (22 ft. clearance) between you & the Jupiter Inlet!

Last Agent to Sell the Property

Karen Velardo

Water Pointe Realty Group License #3450991 Listed on: 06/04/2021

Co-Listed By

Jana Burnette

Water Pointe Realty Group License #3500005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,081

Year Built

  • Built in 1972

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • North Facing Home

Home Design

  • Spanish Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,393 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family or Dining Combination
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 1 to 5 Parking Spaces

Pool

  • In Ground Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • River Access
  • Fixed Bridges
  • Boat Ramp
  • Outdoor Kitchen
  • Shed
  • Outdoor Grill

Schools

  • Hobe Sound Elementary School
  • Murray Middle School
  • South Fork High School

Utilities

  • Zoned Heating and Cooling

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,081

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Co List Office Mls Id: 279000558
  • Co List Office Phone: 772-220-7877
  • Garage Yn: Yes
  • Lot Size Acres: 0.451
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Jupiter River Estates
  • Year Built: 1972
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Built-in Features, Breakfast Area, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Master Downstairs, Walk-In Closet(s)
  • Living Area: 2393.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Shed
  • Other Structures: Shed(s)
  • Pool Features: In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Spanish Tile
  • View: River
  • View: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, River Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Spaces, On Street, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Dock
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hobe Sound
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18081.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 25, 2021
Sold by
Kalbaugh John A and Kalbaugh Anne
Bought by
Rich Jkohn Thomas
Seller's Agent
Karen Velardo
Water Pointe Realty Group
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Current Estimated Value
$2,480,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,939
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Mar 3, 2017
Closed on
Jul 14, 2017
Sold by
Ferrill Nicholas and Holden Rebecca
Bought by
Kalbaugh John A and Kalbaugh Anne
Seller's Agent
Tracy Ward
Douglas Elliman (Jupiter)
Buyer's Agent
Jacki Ojakian
Illustrated Properties LLC (Co
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$650,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 2, 2014
Closed on
Oct 22, 2014
Sold by
Downes John P
Bought by
Ferriell Nicholas
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
David Caruso
Shore Group Realty Inc.
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$417,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
King Monica I and King Monica
Bought by
Downes John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1994
Sold by
King Roy K and King Monica I
Bought by
King Monica I

Purchase Details

Closed on
Dec 20, 1993
Bought by
Ferriell Nicholas
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
Rich Jkohn Thomas $1,900,000 Attorney
Kalbaugh John A $1,150,000 Assured Title Agency
Ferriell Nicholas $1,050,000 Assured Title Agency
Downes John P $472,000 Attorney
King Monica I -- --
Ferriell Nicholas $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalbaugh John A $650,000
Previous Owner Downes John P $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $1,900,000 -11.6% $794 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $2,150,000 +87.0% $898 / Sq Ft
07/14/2017 07/14/17 Sold $1,150,000 -8.0% $481 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $1,250,000 +19.0% $522 / Sq Ft
10/22/2014 10/22/14 Sold $1,050,000 -4.5% $439 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $1,100,000 -- $460 / 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 $27,523 $1,741,337 -- --
2024 $27,104 $1,692,262 -- --
2023 $27,104 $1,642,973 $0 $0
2022 $26,238 $1,595,120 $1,300,000 $295,120
2021 $15,757 $888,320 $660,000 $228,320
2020 $18,081 $1,030,870 $775,000 $255,870
2019 $16,549 $919,030 $725,000 $194,030
2018 $15,624 $871,430 $675,000 $196,430
2017 $12,945 $767,880 $575,000 $192,880
2016 $16,006 $923,710 $675,000 $248,710
2015 $6,938 $865,770 $625,000 $240,770
2014 $6,938 $444,697 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Velardo

    Seller's Agent in 2021

    Karen Velardo

    Water Pointe Realty Group

    (772) 497-4677

    27 Total Sales

    Karen Velardo
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jana Burnette

    Water Pointe Realty Group

    (734) 777-8206

    14 Total Sales

    Jana Burnette
    Section Image
  • Tracy Ward

    Seller's Agent in 2017

    Tracy Ward

    Douglas Elliman (Jupiter)

    (561) 427-6100

    106 Total Sales

    Tracy Ward
    Section Image
  • Elizabeth Bourque

    Seller Co-Listing Agent in 2017

    Elizabeth Bourque

    Southern Shore Properties

    (561) 379-9446

    57 Total Sales

    Elizabeth Bourque
    Section Image

  • J

    Buyer's Agent in 2017

    Jacki Ojakian

    Illustrated Properties LLC (Co

  • Robert Thomson

    Seller's Agent in 2014

    Robert Thomson

    Waterfront Properties & Club C

    (561) 746-7272

    258 Total Sales

    Robert Thomson
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20029656

Martin County REALTORS® of the Treasure Coast

APN: 22-40-42-002-000-00190-0

Florida Martin County Jupiter 33458

8498 SE Merritt Way, Jupiter, FL

This home is located at 8498 SE Merritt Way, Jupiter, FL 33458 since 04 June 2021 and is currently estimated at $2,480,939, approximately $1,036 per square foot. This property was built in 1972. 8498 SE Merritt Way 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.

Martin County REALTORS® of the Treasure Coast 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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