$1,150,000
SOLD JUL 14, 2017

8498 SE Merritt Way Jupiter, FL 33458

3 Beds
2 Baths
2,393 Sq Ft
0.45 Acres

Recently Sold

$481 Per Sq Ft

8% Below List Price

102 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • South Fork High School Rated A-
  • Home fronts navigable water
  • River View

About This Home

As of August 2021

This spectacular 1/2 acre, southern exposure lot is tucked away in a serene section of the Loxahatchee River. The property features a beautiful (recently renovated) 3 bed 2 bath home, true resort style backyard capable of hosting the most memorable of events, 100ft of waterfront, gorgeous dock with a 16,000lb lift. Other highlights include, new bamboo flooring throughout the living area, impact windows, upgraded kitchen with new blacksplash, stainless appliances, and cooktop island, fireplace, upgraded landscaping including turf , fire pit sand area, salt-water pool system, and outdoor tiki hut areas. Very short trip to the Jupiter Inlet, one fixed bridge with approximately 22ft clearance at high tide. WATCH THE VIRTUAL TOUR

Last Agent to Sell the Property

Tracy Ward

Douglas Elliman (Jupiter) License #3209930 Listed on: 03/03/2017

Douglas Elliman (Jupiter)

Co-Listed By

Elizabeth Bourque

Southern Shore Properties License #3241379

Last Buyer's Agent

Jacki Ojakian

Illustrated Properties LLC (Co License #3017105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,006

Year Built

  • Built in 1972

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • River Front
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,393 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Den
  • River Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Fixed Bridges
  • Patio
  • Shed
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 224042002000001900

Community Details

Overview

  • Jupiter River Estates 1St Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,006

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Road until it ends. Make a right onto Merritt Way
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 2393.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio, Shed
  • View: River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 224042002000001900
  • Lot Size Sq Ft: 19645.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 16006.0

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
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,900,000 Attorney
Warranty Deed $1,150,000 Assured Title Agency
Warranty Deed $1,050,000 Assured Title Agency
Warranty Deed $472,000 Attorney
Quit Claim Deed -- --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Adjustable Rate Mortgage/ARM
Previous Owner $378,000 Purchase Money Mortgage
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: 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
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: BeachesMLS

MLS Number: R10313527

BeachesMLS

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 and is currently priced at $1,150,000, approximately $480 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.

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.

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